Course Details

Logistics and supply chain management include processes such as analyzing, forecasting and planning, introducing and coordinating flow of goods, services capital and information in the supply chain in order to satisfy customer needs. Logistics aims at providing agreed services in the determined quality by effectively utilizing accessible resources and optimizing costs. In the modern world logistics and supply chain management play an important role in economic activities of countries and companies.

Shortage of employees in logistics is related to the high level of professional requirements and expert knowledge that is necessary to manage complex value chains. Ace it training experts in logistics are committed not only to provide practical skills and experience, but also knowledge in the field of supply chain modeling and statistical analysis.

Course objectives are as follows:

• Fundamentals of logistics and SCM
  • Objective
  • Types of logistics
  • Supply chain & Distribution
• Forecasting
  • Components of demand
  • Judgment methods
  • Demand based forecasting techniques
  • Measure of forecast Accuracy
  • Time series methods & Exponential Smoothing
  • Forecast errors
• Inventory Management
  • Product Classification – Pareto Law, ABC,VED,XYZ Analysis
  • Purchasing Models
  • Bulk ordering
  • Immediate receiving
  • Staggered receiving
  • Order Cycles
  • Rebates based on quantity
  • Min-max
  • Random Demand Model
  • Safety Stocks, Shortages
  • Single-use Model (perishable goods and articles with short or fleeting life-cycle)
  • Ordering Stations
  • Dealing with overstock and out-of-date stock
• Purchasing & Negotiating
  • Role of Purchasing?
  • Essentials for Effective Purchasing
  • Concepts and approaches in Purchasing Management
  • Team Roles and responsibilities
  • Spend mapping
  • Supply Positioning
  • Supplier Intelligence
  • Supplier Selection
  • Role of Distributors and Agents
  • Using Key Performance Measures to monitor and deliver improvements
  • Metric hierarchies
  • Use of Tendering, negotiation, direct sourcing and e-commerce
  • Tendering, RFIs, RFQs
  • Negotiation preparation, strategy and tactics
  • Negotiation with other culture
• Production and Distribution
  • Concept- POM Strategy and international competition
  • Product Strategy and capacity control
  • Understanding the Bull Whip effect
  • Inventory Management & Just-in-Time Tactics
  • Importance of Information flow in Supply Chains
  • Learning curve…
  • ERP, MRP, Project Management
  • Understanding ERP
  • Drivers of ERP
  • Evolution of MRP, MRP II and ERP
  • Components of ERP
  • ERP Implementation Guide
  • Extended ERP
  • System Landscaping
  • Basics of SAP
• International trading
  • History and concepts of International Trading
  • INCO terms
  • Letters of credit
  • UCP 600
  • International Chamber of Commerce
• Quality and Supply Chain Management
  • Data Driven Approach to SCM
  • Quality and Metrics
  • Data warehousing, Data mining
  • Six Sigma in SCM
  • Critical to Quality (CTQ)
  • Learning Charts : Run Charts, Pareto, Histograms, C&E
  • Funnel effect
  • Process mapping
  • Statistical Process Control (SPC)
• Transportation, Warehousing & Distribution
  • Transportation Mgmt.
    • Principles of Transport
    • Functions
    • Modes of transportation
    • Intermodal transportation
    • Multimodal transportation
  • Warehouse Management
    • Functions
    • Types
    • Distribution
    • PL-3/4/5
• Process Analysis, Production planning and control.
• Strategic global and organizational issues
• Group discussion and case study