Introduction:
Nowadays, especially with the globalization and IT industry development, companies are not competing as individuals but as part of the Supply Chain in the global environment. That is why Logistics & Supply Chain Management has become one of the fastest growing fields of knowledge in this decade. Senior business executives have indeed described it as the last goldmine for achieving competitive advantage over rival organizations. As Supply Chains compete with one another to achieve competitive advantage, new frontiers for delivering cost leadership and customer satisfaction are daily being explored by Logistics & Supply Chain professionals.
Objectives:
To understand the concepts, tools and techniques in Supply Chain Management for problem solving
To identify the opportunities practically through use of relevant tools and techniques and more case studies from present situation faced in an organization
To identify opportunities and arrive at optimal solution to reduce material cost, transport cost, lead time and improve Quality
To align inventory levels as per Inventory turnover ratio set in business metrics using SCM techniques
Key Takeaways:
Introduction and overview to traditional purchasing process, Porter’s five force analysis trends in supply chain management and Business Process ReEngineering
Role of forecasting in Supply chain and its advantages/Disadvantages
Importance of vendor selection and development process in improving quality and lead time and ensure reliability
Costing break-up and its impact in the P&L statement
Make or Buy decisions to optimize cost
Understanding set theory and push-pull theory to optimize Inventory Turnover ratio (ITO) and safety stock and how it helps to improve Cost of goods sold (COGS) thereby increasing revenue/Sales
Measuring cost of quality and corrective actions
8W -Waste elimination and its application to derive cost benefits
Who should attend?
Operational level and Middle level personnel involved in supply chain management including customer servicing, marketing, logistics (i.e., distribution, warehousing, transportation, etc.), manufacturing (i.e., production planning, materials management, etc.), purchase and sourcing and third party service providers for logistics and manufacturing. Organizations will benefit by sending multiple participants from different functions at the same time.
IITD Sr. Expert Faculty:
Highly experienced faculty from Indian Institute of Training & Development will conduct this training program. The training sessions will provide participants an opportunity to discuss specific problems with the expert faculty.
Medium: English/ Hindi
Fees & Registration Details:
Rs. 3,000 + GST 18% per person.
Rs. 2,800 + GST 18% per person for a group of Three to Four participants.
Rs. 2,600 + GST 18% per person for a group of Five or More participants.
Kindly provide the details of registration on email: iitdpune@gmail.com &/or rajiv@iitdworld.com
For registration, please provide us the following information:
Name of the program:
Name of the participant(s):
Participants email id for sending zoom link details:
Name of the company:
GST number:
Certification: Participation certificate will be provided to all the participants.