COURSE OVERVIEW:

Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow from materials to production to distribution in the most economical way possible.

SCM encompasses the integrated planning and execution of processes required to optimise the flow of materials, information and capital in functions that broadly include demand planning, sourcing, production, inventory management and logistics - or storage and transportation. Companies use both business strategy and specialised software in these endeavours to create a competitive advantage.

Supply chain management is an expansive and complex undertaking that relies on each partner - from suppliers to manufacturers and beyond - to run well. Because of this, effective supply chain management also requires change management, collaboration and risk management to create alignment and communication between all the participants.

Supply chain management produces benefits such as new efficiencies, higher profits, lower costs and increased collaboration. SCM enables companies to better manage demand, carry the right amount of inventory, deal with disruptions, keep costs to a minimum and meet customer demand in the most effective way possible. These SCM benefits are achieved through choosing effective strategies and appropriate software to manage the growing complexity of today's supply chains.

This course focuses on the concepts of supply chain management and the principles that drive supply chain performance including real world examples for illustration.

The course begins by presenting the importance and benefits of supply chain. Then explores the evolution of supply chain management. Then examines how supply chain works. Also, the five major supply chain drivers are discussed. Then the evolving structure of supply chains and the participants in the supply chain are reviewed. Finally, how to align the supply chain with business strategy is explained.

After completing this course you will be able to: Appreciate what a supply chain is and what it does, define the different organisations that participate in any supply chain, discuss ways to align your supply chain with your business strategy and start an intelligent conversation about the supply chain management issues in your company

LEARNING OUTCOMES:

By the end of this course, you will be able to understand:

·       The benefits of supply chain management

·       The importance of supply chain management

·       The significant evolution of supply chain management

·       What supply chain is?

·       What supply chain management is?

·       How the supply chain works?

·       The five major supply chain drivers

·       Production in supply chain

·       The two approaches to manufacturing

·       The three main approaches to use in warehousing

·       Inventory in supply chain

·       The three basic decisions to make regarding the creation and holding of inventory

·       Location in supply chain

·       Transportation in supply chain

·       The six basic modes of transport that a company can choose from

·       Information in supply chain

·       The purposes of information in any supply chain

·       The evolving structure of supply chains

·       The difference between the old supply chain and the new one

·       The participants in the supply chain

·       Who are the producers in the supply chain?

·       Who are the distributors in the supply chain?

·       Who are the retailers in the supply chain?

·       Who are the customers in the supply chain?

·       Who are the service providers in the supply chain?

·       The steps used to align the supply chain with business strategy

·       How to understand the markets your company serves?

·       The attributes that will help clarify the requirements for the customers you serve

·       How to define the core competencies of your company?

·       How to develop needed supply chain capabilities?

COURSE DURATION:

The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.

COURSE REQUIREMENTS:

You must have access to a computer or any mobile device with Adobe Acrobat Reader (free PDF Viewer) installed, to complete this course.

COURSE DELIVERY:

Purchase and download course content.

ASSESSMENT:

A simple 10-question true or false quiz with Unlimited Submission Attempts.

CERTIFICATION:

Upon course completion, you will receive a customised digital “Certificate of Completion”.