Supply Chain Management (SCM)
Course Overview
Supply Chain Management requires effectively managing the flow of materials, information and finances as they move from supplier to manufacturer to wholesaler to retailer and finally to the consumer. To better compete in a global economy, organisations are finding that a well-managed supply chain is the key to success.
The Magna Skills Supply Chain Management Training Course offers comprehensive understanding of finances, logistics, tracking, monitoring, inventory management and delivery of products and services to build enhanced supply chains. Your organisation can increase customer satisfaction, increase efficiency and reduce costs by improving the management of your supply chain.
Course Objectives
By the end of the course, learners will be able to apply their knowledge of supply chain management as demonstrated by completing module activities and a course evaluation.
Identify how supply chain management relates to:
- Customer satisfaction
- Improving performance
- Lowering costs
- Product development
Define the terms:
- Procurement
- Upstream and downstream
- Raw material
- Forecasting
- Carrying cost
- Inventory
- Order generation
- Order taking
- Order fulfillment
- Returns management
Understand the levels of supply chain management and their effects
- Strategic
- Tactical
- Operational
Comprehend the flows of supply chain management and data warehouses
- Product flow
- Information flow
- Finances flow
Take a look at inventory management
Study supply chain groups
Review tracking and monitoring methods
Examine supply chain event management
Course Outline
Module One: Getting Started
- Workshop Objectives
Module Two: Why Supply Chain Management
- Customer Satisfaction
- Improving Performance
- Lowering Costs
- Product Development
- Case Study
- Module Two: Review Questions
Module Three: Key Terms (I)
- Procurement
- Upstream and Downstream
- Raw Material
- Forecasting
- Carrying Cost
- Case Study
- Module Three: Review Questions
Module Four: Key Terms (II)
- Inventory
- Order Generation
- Order Taking
- Order Fulfillment
- Returns Management
- Case Study
- Module Four: Review Questions
Module Five: Three Levels of Supply Chain Management
- Strategic Level
- Tactical Level
- Operational Level
- Bullwhip Effect
- Case Study
- Module Five: Review Questions
Module Six: Five Stages of Supply Chain Management
- Plan
- Source
- Make
- Deliver
- Return
- Case Study
- Module Six: Review Questions
Module Seven: The Flows of Supply Chain Management
- The Product Flow
- The Information Flow.
- The Finances Flow.
- Data Warehouses
- Case Study
- Module Seven: Review Questions
Module Eight: Inventory Management
- Levels of Inventory
- Just-In-Time Inventory
- Keeping Accurate Records
- Inventory Calculator
- Case Study
- Module Eight: Review Questions
Module Nine: Supply Chain Groups
- The Suppliers
- The Producers
- The Customers
- The Customer’s Customers
- Case Study
- Module Nine: Review Questions
Module Ten: Tracking and Monitoring
- Dashboard
- RFID’s
- Alert Generation
- Stock Keeping Unit (SKU)
- Case Study
- Module Ten: Review Questions
Module Eleven: Supply Chain Event Management
- Inventory Alerts
- Supplier Alerts
- Bottlenecking
- Being Proactive
- Case Study
- Module Eleven: Review Questions
Module Twelve: Wrapping Up
- Words from the Wise
- Lessons Learned
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