Description
What you’ll learn
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Deep understanding of the each business function viz. Operations, demand planning, supply planning, inventory, warehousing, purchasing & logistics
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Introduction to business operations, Transformation Process, Operations in manufacturing, Service & retail organizations.
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What is Demand and Supply, What is key difference? Who are responsible to plan demand and supply? and related examples.
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Obstacles when demand and supply are imbalanced.
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Introduction to Supply Chain, Different flows in Supply Chain.
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Evolution of Supply Chain (From 1913’s assembly line till now and way ahead)
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Insights of Supply Chain with respect to SCOR (Supply Chain Operational Reference) model
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What is value Chain and how it is interlinked with Supply Chain. Difference between Value Chain & Supply Chain
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What are job roles & responsibilities in Supply Chain function
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Supply Chain Flow with sequence of activities in the entire flow.
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Understand SCOR Model, Its Characteristics, Details about all processes in SCOR Model, Benefits of SCOR Model, KPI”s that are recommended in SCOR Model.
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Thoroughly understand what is demand Planning? Quick glance on difference between demand & sales.
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Thoroughly understand what are major determinants of demand in the market / What factors influence the demand of product or services
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Learn about Why demand planning, What are the benefits of demand planning & Role of a demand planner
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Learn about factors (Internal & External to Organization) Influence demand planning process.?
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Understand characteristics of Forecast, Forecasting process (Step by step), How to construct demand forecasts.
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Learn about Planning horizons in demand forecasting process.
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Understand different Types of forecasting process (Qualitative forecasting and quantitative forecasting and models inside these)
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Quick glance on which forecasting methods are best to use?Understand why aggregate level forecast accuracy is usually higher
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Learning about Inventory Management, types of inventory, 6 reasons to keep inventories..
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Thoroughly understand what is Supply Planning? Learn about steps in Supply Planning.
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Learn about What is Master production schedule (MPS) & Materials Requirement Planning (MRP). Understand all Inputs & Outputs of MPS & MRP
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Wonderful explanation about difference between MPS & MRP.
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What is interlink and sequence of Business plans (Strategic Plan, Business Plan/Profit Plan, S&OP, MPS & MRP)
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Real life example & Calculations of how MPS & MRP Runs to convert demand plans into day to day tactical plans.
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Learn about factors of determinants of Supply for particular product or service in the market.
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Types of manufacturing planning environment (MTO, MTS, ATO, ETO), Brief comparison of all types and examples of each of them.
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Learn more about what is Purchasing, What is Procurement, How both of these differ.
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Understand what is Vendor Managed Inventory and what are its benefits.
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Learnings about 5 Step S&OP (Sales & Operations Planning process) with key stakeholders and responsibilities in each steps.
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Types of Planning in Supply Chain – Long term, Mid term and short term
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Everything you must know about Purchasing & Procurement, Difference, sourcing process, Types of procurement…
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Case study of Wal Mart – For using best supply chain methods, technologies and leveraging world class supply chain benefits.
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In-depth understanding of Logistics, Transportation & Warehousing.. Processes in each of them, Modes of transport, types of logistics..
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Key concepts like LTL, FTL, Reverse logistics, Types of warehouse, modes of transport and their differences.
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Unlock Your Supply Chain Potential with “Executive Program in Global Supply Chain Management” Course!
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Are you ready to take your supply chain expertise to a global level? Unlock new career opportunities and drive international success with our comprehensive Udemy course!
– Master Global Supply Chain Strategies
– Navigate Complex International Supply Chain
– Optimize Cross-Border Logistics
– Lead with Confidence in a Globalized World
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Join our exclusive Udemy course and gain the expertise to streamline your Supply Chain processes, enhance customer satisfaction, and supercharge your business growth.
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Enroll Now and Enjoy:
– On-Demand Video Lessons – Learn at Your Pace
– Interactive Quizzes – Reinforce Your Knowledge
– Lifetime Access – Stay Updated Always
– Expert Q&A – Get Your Questions Answered
– Certificate of Completion – Showcase Your Skills
Invest in your future. Transform your supply chain. Enroll in “Strategic Inventory Management” now!
Background of the course
This course will help you drastically improve your knowledge and skills in Global supply chain practices through a series of must know concepts, practical cases, case studies, calculations and examples. This course is designed by Academic & Industry experts in the field for everyone who is in Supply Chain role or wanted to make their career in the field. This course is designed for Supply Chain Managers, Analysts, Buyers, Demand Planners, Inventory planners, Transportation, warehousing & Logistics planners & even supply chain leaders.
What this course covers?
This course covers extensive content in a simple explanations and covers more than 15 key topics as below.
Operations Management
· Business Operations
· Input & Output of Business Operations
· Transformation process
· Example of Manufacturing & Service Operations
· Goods Vs Services
Demand & Supply
· What is demand?
· Organizational functions who derive demand
· What is Supply?
· Organizational functions helps to meet Supply
· Demand & Supply Example
· Impact when Demand & Supply is imbalanced
Introduction to Supply Chain Management
· Definition
· Goal of Supply Chain Management
· Partners & Flows in Supply Chain Management
Evolution of Supply Chain Management (From 1913’s till now and way ahead)
· Historical developments from Assembly line
· Mass Production
· MRP, MRP II, Outsourcing, ERP, EDI, IT Systems
· Business Process Reengineering, Globalization.
Distribution Network in Supply Chain
· Distribution Channel & its types
· Distribution Partners
· Difference between distribution partners
SCOR (Supply Chain Operational Reference) Model in Supply Chain.
· What is SCOR Model?
· Characteristics of SCOR Model
· Processes in SCOR Model
· KPI’s recommended from SCOR Model
· Advantages & Disadvantages of SCOR Model
· Outcomes of SCOR Model (Practices)
Flows in Supply Chain & Interlink with SCOR
· Supply Chain end to end process flow
· SCOR Processes & Interlink with flow
· Job Roles in Supply Chain & their involvement with each process
Value Chain
· Definition of Value
· Meaning of Value Chain
· Primary & Support activities in Value Chain
o Primary – Inbound & Outbound logistics, Operations, Marketing & Sales, Service
o Secondary – Firm infrastructure, HRM, Technological development, Procurement
· Value Chain Vs Supply Chain
· Process flows in Value chain & Supply Chain
· Benefits of Value Chain
Inventory Management
· Inventory
· Types of inventory
· Six reasons why business needs inventories
Demand Planning
· Determinants of demand, Impact of each determinant with example
· What is demand planning?
· Why demand planning is required?
· Complexities in demand planning process.
· Demand planning process steps
· Benefits of demand planning
· Role of Demand Planner
· Characteristics of forecast.
Planning Horizons & Forecasting Methods
· Planning horizon meaning & types
· Activities falls in different planning horizons
· Forecasting methods
o Qualitative forecasting – Executive Opinion, Salesforce composite, Market survey, Delphi method
o Quantitative forecasting – Time Series, Regression Model
· Which forecasting method is best with examples?
Supply Planning
· Determinants of Supply, Impact of each determinant with example
· Recap on Demand planning
· What is supply planning?
· Demand Planning Vs Supply Planning
· Goal of Supply Planning
· Example of Demand & Supply Planning
· Steps in Supply Planning Process
Master Production Schedule (MPS)
· What is MPS , Its interlink with Demand Plan
· Example how to run MPS
· Inputs & Outputs of MPS
· Bill of Material & Example
Materials Requirement Planning (MRP)
· What is MRP , Its interlink with MPS
· Objectives of MRP
· Inputs & Outputs of MRP
· Example & Calculation of MRP with examples
MPS Vs MRP
· Dependent demand Vs Independent demand
· Difference between MPS & MRP.
Planning Flow
· Interlink between Demand Planning, MPS, MRP
· MPS & MRP Calculation example for a bottle manufacturing company
Planning strategies in manufacturing environment
· Make to Stock (MTS) with example
· Assemble to Order (ATO) with example
· Make to Order (MRO) with example
· Engineer to Order (ETO) with example
· Comparison between all 4 strategies.
Sales & Operations Planning (S&OP)
· Evolution of S&OP (from 1970’s)
· What is S&OP?
· Demand & Supply in S&OP
· 5 Steps of S&OP Process
o Data Collection & New Products planning
o Demand Planning
o Supply Planning
o Consensus / Financial Integration
o Executive Review.
Types of Planning in Business
· Short, Mid & Long term planning
· Business Plan, Profit Plan, S&OP, MPS, MRP Interlink
Purchasing & Procurement
· Purchasing & Procurement
· Purchasing cycle
· Procurement cycle
· Overview on Sourcing & Contract Management
· Market Research through RFI, RFP & RFQ.
· Spend analysis & steps in spend analysis.
· Direct & Indirect Procurement
· Difference between Purchasing & Procurement
· Overview on Total Cost of ownership
Case Study of Walmart
· Supply Chain Methods used by Walmart – Vendor Managed Inventory (VMI), Collaborative Planning Forecasting & Replenishment (CPFR)
· IT Technologies Used by Walmart – Radio Frequency Identification (RFID), Electronic data interchange (EDI)
· Benefits achieved by Walmart.
Logistics Management
· Logistics
· Activities in Logistics
· 7R’s of Logistics
· Types of Logistics
· Why Business needs logistics Management
· Reverse logistics
Transportation Management
· Transportation
· Activities in transportation
· Transportation infrastructure
· Key functions of transportation Management
· Types of transportation & their features.
· Difference between transportation modes.
· LTL & FTL, Difference between both of them.
Warehousing Management
· What is warehouse, features of warehouse
· Activities performed in warehousing
· Need for warehousing in supply chain
· Types of warehouses (Private, Public, Co-operative, Government, Bonded, Climate controlled, Automated, Distribution centers).
Course Overview
Whom this course is designed for?
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Supply Chain Managers
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Procurement Specialists
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Logistics Coordinators
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Inventory Managers
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Transportation Analysts
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Demand Planners
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MBA Students
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Executives in manufacturing, retail, or distribution industries
What you will learn in the course?
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Supply Chain Management
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Procurement Strategies
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Logistics Management
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Inventory Control
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Demand Planning
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Transportation Management
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Supply Chain Analytics
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Supply Chain Optimization
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Lean Supply Chain
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International Logistics
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Sustainable Supply Chain
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Supply Chain Risk Management
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Warehouse Management
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Supply Chain Planning
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Global Logistics
Welcome to our comprehensive course that is designed to unlock the mysteries of global markets and to give you practical skills needed in today’s interconnected economy. Join today !!
Who this course is for:
- Professionals – Like Buyers, Demand Planners, Logistics Planners, Inventory Planners, Supply Chain Managers, Supply Chain Analysts.
- Professionals looking to make their career or switch their careen in Supply Chain field.
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