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Professional Course

Advanced Supply Chain Management

LCT International, In London (+1 locations)
Length
10 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online
Length
10 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online

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  • Classroom
  • London

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  • Self-paced Online
  • Online

Training content

This Advanced Supply Chain Management course will cover:

Understanding the Supply Chain

  • Overview of supply chain functions within the organisation
  • Supply chain management definitions
  • The golden rules of supply chain management
  • Supply chain models and types
  • The global supply chain and integration

Role and importance of the Integrated Supply Chain

  • Fundamentals of Procurement
  • Fundamentals of Logistics
  • Fundamentals of Warehouse Management
  • Fundamentals of Transportation
  • Logistics and Supply Chain Strategy

Supplier Relationship Management (SRM)

  • Introduction to the principles of SRM
  • The importance of the buyer/supplier relationship
  • Developing the SRM strategy
  • Collaboration and joint working
  • Motivating suppliers and continuous improvement

Goals and objectives of Supplier Management

  • Key roles and responsibilities
  • Identify and agree deliverables from suppliers
  • Aligning the goals with the procurement strategy
  • Involving the relevant stakeholders
  • Identifying risks and their impact/probability

The Strategic Warehouse

  • Defining the role and responsibilities of the warehouse function
  • Utilizing the supply chain compass within the warehouse
  • Space allocation and product driven category management strategies
  • Inventory management strategies – including optimum stock levels, obsolete/slow moving stock
  • Effective forecasting and planning

Strategic Management of Inventory and all types of Stock

  • Inventory classification and audits – ABC analysis or the 80/20 rule
  • Implementing leading edge strategies – MRP, JIT, Kaizen, and Kanban
  • Effective forecasting and peak demand planning
  • Inventory cost reduction techniques
  • Effectively managing inventory risk

Logistics and Supply Chain Strategy

  • The processes and activity mix - costs, customer expectations and strategy
  • Logistics planning levels and making tactical decisions.
  • Logistics and customer relations - defining the optimum service level
  • Logistics concerns about service variability and constraints
  • Logistics information and management information systems

Supply Chain Risk Management

  • Understanding the various risks in the supply chain
  • Identifying supply chain instabilities and risks
  • How to reduce supply chain risks
  • Using risk management tools and techniques
  • Supply chain resilience

Supplier Management

  • Transforming the supplier relationship
  • Supplier evaluation criteria
  • Appropriate supplier methodologies
  • Total Cost Approach
  • Shrinking the supplier base

Costs

Please contact us for more information on pricing.

Quick stats about LCT International?

We have trained over 2,500 delegates from almost 600 client organisations

Complimentary Heathrow transfer (one-way)

Endorsed by various organisational and subject specific accrediting bodies

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LCT International
3 Shortlands, Hammersmith
W6 8DA London

London Corporate Training (LCT)

London Corporate Training have been established in the education, consulting and training industries for two decades. They work as a training team from their head office in London and aim to ensure all of their course participants receive the highest...

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