PROGRAM DETAILS

Introduction

Participants will be able to demonstrate the knowledge acquired to apply SCM concepts in real world application. They will have a comprehensive understanding of the various aspects of Supply Chain and Risk Management. It will create a long range strategy, mid-term and design real time execution plan in an environment of highly demanding service and minimum cost requirement.

Benefits

Participants will be able to execute their strategic Supply Chain Principles in Operation in industries. Where firms rely on the integration of network of suppliers, manufacturers, distributors, retailers to products and services. These processes will be thoroughly adopted and implemented. They will understand and anticipate issues to Risk Management in Supply Chain.

Learning Objectives

Participants in this course will learn the importance of managing relationships in supply chains and how these relationships influence performance metrics which are used to evaluate supply chains. Understanding the role that relationships have in supply chains and the establishment of a supply chain performance measurement and evaluation system should result in the improved performance of the supply chain.

Upon successful completion of this program, students should be able to:

1. Apply the principles of competitive strategy and the pursuit of differentiation through the development of productivity in the face of Risk-management.
2. Explain the concept of Supply Chain and Risk management.
3. Able to describe the emerging discipline of Supply Chain, defining it and explaining how and why it takes Risk-Management in serious consideration.
4. Explain the rise of Risk-Management and the factors which have precipitated the emergence of Risk in Supply Chain.
5. Able to understand the importance of customer retention and the lifetime value of a customer in Supply Chain.
6. Able to understand the idea of perfect order as the basis of measuring service performance despite Supply Chain disruption.

Target Audience

This training course has been designed for those with knowledge of Supply Chain Management but lacking competency in Risk Management. It will enhance the practical  and functional application principles of the participants.

Training methodology

The seminar will use a range of interactive activities – group and individual exercises, case studies and discussions. There will also be formal inputs of theory and practical models. The programme is geared towards effective application of what has been learned in order to maximize the value of the seminar to both the individual delegate and his/her organization.

 Program Content

 Day 1:

 The first day of the course will be used to introduce the delegates, to outline the objectives and benefits of the programme as well as give an overview of the subject matter.

Day 2:

 Module One: History and Introduction and Overview

• Supply Chain Management Evolution
• Power of Supply Chain Management
• What is New about Supply Chain Management
• How to implement Supply Chain Management
• Examining the basics of Supply Chain Management

Module Two: Why Supply Chain Management and Risk-Management

• Customer Satisfaction
• Improving Performance
• Lowering Costs
• Product Development

Module Three: Key Components in Supply Chain

• Procurement
• Manufacturing
• Warehousing
• Transport and Distribution

Day 3:

 Module Four: Functions in the Supply Chain

• Inventory
• Quality
• Quantity
• Timely Delivery

Module Five: Three Levels of Supply Chain Management

• Strategic level
• Tactical level
• Operational Level

Module Six: Five Stages of Risk- Management

• Plan
• Source
• Make
• Deliver

Day 4:

 Module Seven: The Flows of Supply Chain Management

• The Product Flow
• The Information Flow
• The Finances Flow

Module Eight: Inventory Management

• Levels of Inventory
• Just-In-Time Inventory
• Keeping Accurate Records

Module Nine: Risk in Supply Chain Disruption.

• The Suppliers
• The Producers
• The Customers
• The Customer’s Customers

 Day 5:

 Module Ten: Manufacturing and Supply Chain

• Demand driven Manufacturing
• Outsourcing and Supplier Partnership
• Impact of Technology in Manufacturing

Module Eleven: Supply Chain Management for Competitive advantage

• Customer Management
• Supplier Management
• Channel Integration

Module 14: Common Mistakes made in managing Risk.

• Lack of leadership Vision
• Focusing only on the bottom line
• Weak Global concepts
• Poor Customer Relationship Management