Course Name
Course Code : PRS30
Venue Details
Postal Code : 1109
Session Dates
Duration: 3 days (21 hours)
The SCM Fundamentals training course provides a comprehensive introduction to the essential concepts, strategies, and best practices in supply chain management. The course covers all key components of the supply chain, including procurement, inventory management, distribution, logistics, and demand forecasting. Through a combination of theoretical insights and practical applications, participants will gain a strong foundation in the principles that drive supply chain success. This course is designed to prepare participants to effectively manage and optimize supply chain operations in various industries.
Introduction to Supply Chain Management and Procurement
Overview of Supply Chain Management:
Definition, importance, and scope of supply chain management.
Key elements of a supply chain: Suppliers, manufacturers, distributors, retailers, and customers.
The relationship between supply chain management and overall business success.
Types of Supply Chains:
Traditional supply chain vs. modern, integrated supply chains.
Global supply chains and challenges.
The role of technology in supply chain management.
Procurement and Sourcing:
Procurement lifecycle: Supplier selection, contract negotiation, and purchase orders.
Sourcing strategies: Global vs. local sourcing.
Supplier relationship management: Communication, negotiation, and performance monitoring.
Inventory Management, Distribution, and Logistics
Inventory Management:
The role of inventory in the supply chain.
Techniques for optimizing inventory: Economic Order Quantity (EOQ), Just-In-Time (JIT), and ABC Analysis.
Inventory visibility and tracking: Barcode, RFID, and warehouse management systems (WMS).
Distribution Management:
Understanding distribution channels and their importance.
Distribution network design: Centralized vs. decentralized models.
Managing distribution costs: Transportation, warehousing, and inventory holding costs.
Logistics Management:
The role of logistics in supply chain management.
Transportation planning: Selecting modes of transport, optimizing routes, and managing costs.
Warehouse management: Layout planning, order picking, and storage optimization.
Demand Forecasting, Supply Chain Optimization, and Risk Management
Demand Forecasting:
Introduction to demand forecasting techniques.
Quantitative vs. qualitative forecasting methods: Moving averages, exponential smoothing, and regression analysis.
The impact of accurate forecasting on supply chain efficiency.
Supply Chain Optimization:
The importance of supply chain optimization: Cost reduction, lead time reduction, and service improvement.
Techniques for improving supply chain efficiency: Lean principles, Six Sigma, and Total Quality Management (TQM).
The role of technology: Advanced software tools for optimization and decision-making.
Risk Management in Supply Chain:
Identifying and mitigating supply chain risks: Disruptions, delays, and uncertainties.
Creating contingency plans and developing risk management strategies.
Case studies of supply chain disruptions and lessons learned.
Mode of Delivery : The event can be attended both online and at nearby ProgNXT classroom by Individual Professionals and Corporate Employees as per the seat availability. Please Contact Us at [email protected] for checking the seat availability
Audience : We have a global audience that logs in to using their own computers to work hand in hand with our world-class instructors.
Assessment : Each training course will have ProgNXT Assessment at the end.
Certification : After successful passing of ProgNXT Assessment, ProgNXT Certification will be provided, which has got acceptance in 55+ Countries.
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