A supply chain encompasses all activities associated with the flow and transformation of goods and services from the raw materials stage to the end-user (customer), as well as associated information flows. In essence, it is all assets, information, and processes that provide “supply”. It is made up of many interrelated members, starting with raw material suppliers, and including parts and components suppliers, sub-assembly suppliers, the product or service producer, and distributors, and ending with the end-use customer.
Understand the meaning of “supply chain” and “Supply Chain Management” (SCM)
Know the objectives of a supply chain
Learn the activities involved in SCM
Learn the process tools for SCM
Learn how to measure supply chain efficiency
Unique Programme Takeaways: –
The participants who are working in Purchase, Stores or Logistics will get insight on how to measure the performance of their department. The measurement of performance on various parameters will help them improve efficiency. Many times, professionals working in Purchase or Logistics work as a standalone entity. The second takeaway of this workshop would be a shift in mindset from working in a standalone department to understanding the concept of the “chain”.
Workshop methodology: –
The workshop will have all the adult learning methods. Participants will be shown videos on modern supply chain practices. In addition to this, there will be group discussions, case studies, numerical exercises, etc.
What exactly is Supply Chain Management?
Recent Development of Supply Chain Management
The Key Principles of Supply Chain Management
What is the Bullwhip Effect? How it impacts the Supply Chain?
What is the Supply Chain Operations Reference (SCOR)?
Break-up of the various costs involved in end-to-end Supply Chain
Transportation Metrics that Matter the Most
Impact of price discounts or marketing promotion on supply chain
Target Audience: –
The workshop is useful for the Department of Procurement, Supply Chain, Marketing, etc.