A must know conceptual & practical program for Global Supply Chain professionals of 21st Century
What you'll learn
Deep understanding of the each business function viz. Operations, demand planning, supply planning, inventory, warehousing, purchasing & logistics
Introduction to business operations, Transformation Process, Operations in manufacturing, Service & retail organizations.
What is Demand and Supply, What is key difference? Who are responsible to plan demand and supply? and related examples.
Obstacles when demand and supply are imbalanced.
Introduction to Supply Chain, Different flows in Supply Chain.
Evolution of Supply Chain (From 1913's assembly line till now and way ahead)
Insights of Supply Chain with respect to SCOR (Supply Chain Operational Reference) model
What is value Chain and how it is interlinked with Supply Chain. Difference between Value Chain & Supply Chain
What are job roles & responsibilities in Supply Chain function
Supply Chain Flow with sequence of activities in the entire flow.
Understand SCOR Model, Its Characteristics, Details about all processes in SCOR Model, Benefits of SCOR Model, KPI"s that are recommended in SCOR Model.
Thoroughly understand what is demand Planning? Quick glance on difference between demand & sales.
Thoroughly understand what are major determinants of demand in the market / What factors influence the demand of product or services
Learn about Why demand planning, What are the benefits of demand planning & Role of a demand planner
Learn about factors (Internal & External to Organization) Influence demand planning process.?
Understand characteristics of Forecast, Forecasting process (Step by step), How to construct demand forecasts.
Learn about Planning horizons in demand forecasting process.
Understand different Types of forecasting process (Qualitative forecasting and quantitative forecasting and models inside these)
Quick glance on which forecasting methods are best to use?Understand why aggregate level forecast accuracy is usually higher
Learning about Inventory Management, types of inventory, 6 reasons to keep inventories..
Thoroughly understand what is Supply Planning? Learn about steps in Supply Planning.
Learn about What is Master production schedule (MPS) & Materials Requirement Planning (MRP). Understand all Inputs & Outputs of MPS & MRP
Wonderful explanation about difference between MPS & MRP.
What is interlink and sequence of Business plans (Strategic Plan, Business Plan/Profit Plan, S&OP, MPS & MRP)
Real life example & Calculations of how MPS & MRP Runs to convert demand plans into day to day tactical plans.
Learn about factors of determinants of Supply for particular product or service in the market.
Types of manufacturing planning environment (MTO, MTS, ATO, ETO), Brief comparison of all types and examples of each of them.
Learn more about what is Purchasing, What is Procurement, How both of these differ.
Understand what is Vendor Managed Inventory and what are its benefits.
Learnings about 5 Step S&OP (Sales & Operations Planning process) with key stakeholders and responsibilities in each steps.
Types of Planning in Supply Chain - Long term, Mid term and short term
Everything you must know about Purchasing & Procurement, Difference, sourcing process, Types of procurement...
Case study of Wal Mart - For using best supply chain methods, technologies and leveraging world class supply chain benefits.
In-depth understanding of Logistics, Transportation & Warehousing.. Processes in each of them, Modes of transport, types of logistics..
Key concepts like LTL, FTL, Reverse logistics, Types of warehouse, modes of transport and their differences.
Requirements
English Language
Software used to read PDF documents (Like Adobe)
Learning & attentive mindset
Description
Background of the courseThis course will help you drastically improve your knowledge and skills in Global supply chain practices through a series of must know concepts, practical cases, case studies, calculations and examples. This course is designed by Academic & Industry experts in the field for everyone who is in Supply Chain role or wanted to make their career in the field. This course is designed for Supply Chain Managers, Analysts, Buyers, Demand Planners, Inventory planners, Transportation, warehousing & Logistics planners & even supply chain leaders.What this course covers?This course covers extensive content in a simple explanations and covers more than 15 key topics as below.Operations Management· Business Operations· Input & Output of Business Operations· Transformation process· Example of Manufacturing & Service Operations· Goods Vs ServicesDemand & Supply· What is demand?· Organizational functions who derive demand· What is Supply?· Organizational functions helps to meet Supply· Demand & Supply Example· Impact when Demand & Supply is imbalancedIntroduction to Supply Chain Management· Definition· Goal of Supply Chain Management· Partners & Flows in Supply Chain ManagementEvolution of Supply Chain Management (From 1913's till now and way ahead)· Historical developments from Assembly line· Mass Production· MRP, MRP II, Outsourcing, ERP, EDI, IT Systems· Business Process Reengineering, Globalization.Distribution Network in Supply Chain· Distribution Channel & its types· Distribution Partners· Difference between distribution partnersSCOR (Supply Chain Operational Reference) Model in Supply Chain.· What is SCOR Model?· Characteristics of SCOR Model· Processes in SCOR Model· KPI's recommended from SCOR Model· Advantages & Disadvantages of SCOR Model· Outcomes of SCOR Model (Practices)Flows in Supply Chain & Interlink with SCOR· Supply Chain end to end process flow· SCOR Processes & Interlink with flow· Job Roles in Supply Chain & their involvement with each processValue Chain· Definition of Value· Meaning of Value Chain· Primary & Support activities in Value Chaino Primary - Inbound & Outbound logistics, Operations, Marketing & Sales, Serviceo Secondary – Firm infrastructure, HRM, Technological development, Procurement· Value Chain Vs Supply Chain· Process flows in Value chain & Supply Chain· Benefits of Value ChainInventory Management· Inventory· Types of inventory· Six reasons why business needs inventoriesDemand Planning· Determinants of demand, Impact of each determinant with example· What is demand planning?· Why demand planning is required?· Complexities in demand planning process.· Demand planning process steps· Benefits of demand planning· Role of Demand Planner· Characteristics of forecast.Planning Horizons & Forecasting Methods· Planning horizon meaning & types· Activities falls in different planning horizons· Forecasting methodso Qualitative forecasting – Executive Opinion, Salesforce composite, Market survey, Delphi methodo Quantitative forecasting – Time Series, Regression Model· Which forecasting method is best with examples?Supply Planning· Determinants of Supply, Impact of each determinant with example· Recap on Demand planning· What is supply planning?· Demand Planning Vs Supply Planning· Goal of Supply Planning· Example of Demand & Supply Planning· Steps in Supply Planning ProcessMaster Production Schedule (MPS)· What is MPS , Its interlink with Demand Plan· Example how to run MPS· Inputs & Outputs of MPS· Bill of Material & ExampleMaterials Requirement Planning (MRP)· What is MRP , Its interlink with MPS· Objectives of MRP· Inputs & Outputs of MRP· Example & Calculation of MRP with examplesMPS Vs MRP· Dependent demand Vs Independent demand· Difference between MPS & MRP.Planning Flow· Interlink between Demand Planning, MPS, MRP· MPS & MRP Calculation example for a bottle manufacturing companyPlanning strategies in manufacturing environment· Make to Stock (MTS) with example· Assemble to Order (ATO) with example· Make to Order (MRO) with example· Engineer to Order (ETO) with example· Comparison between all 4 strategies.Sales & Operations Planning (S&OP)· Evolution of S&OP (from 1970's)· What is S&OP?· Demand & Supply in S&OP· 5 Steps of S&OP Processo Data Collection & New Products planningo Demand Planningo Supply Planningo Consensus / Financial Integrationo Executive Review.Types of Planning in Business· Short, Mid & Long term planning· Business Plan, Profit Plan, S&OP, MPS, MRP InterlinkPurchasing & Procurement· Purchasing & Procurement· Purchasing cycle· Procurement cycle· Overview on Sourcing & Contract Management· Market Research through RFI, RFP & RFQ.· Spend analysis & steps in spend analysis.· Direct & Indirect Procurement· Difference between Purchasing & Procurement· Overview on Total Cost of ownershipCase Study of Walmart· Supply Chain Methods used by Walmart – Vendor Managed Inventory (VMI), Collaborative Planning Forecasting & Replenishment (CPFR)· IT Technologies Used by Walmart – Radio Frequency Identification (RFID), Electronic data interchange (EDI)· Benefits achieved by Walmart.Logistics Management· Logistics· Activities in Logistics· 7R's of Logistics· Types of Logistics· Why Business needs logistics Management· Reverse logisticsTransportation Management· Transportation· Activities in transportation· Transportation infrastructure· Key functions of transportation Management· Types of transportation & their features.· Difference between transportation modes.· LTL & FTL, Difference between both of them.Warehousing Management· What is warehouse, features of warehouse· Activities performed in warehousing· Need for warehousing in supply chain· Types of warehouses (Private, Public, Co-operative, Government, Bonded, Climate controlled, Automated, Distribution centers).
Overview
Section 1: Introduction to Business Operations & Operations Management
Lecture 1 Agenda - Operations Management
Lecture 2 Operations Management
Section 2: Demand & Supply
Lecture 3 Demand & Supply
Section 3: Introduction to Supply Chain Management
Lecture 4 Introduction to Supply Chain Management
Section 4: Evolution of Supply Chain Management (From 1913's till now and way ahead)
Lecture 5 Evolution of Supply Chain Management (From 1913's till now and way ahead)
Section 5: Distribution Network in Supply Chain
Lecture 6 Distribution Network in Supply Chain
Section 6: SCOR (Supply Chain Operational Reference) Model in Supply Chain.
Lecture 7 SCOR (Supply Chain Operational Reference) Model in Supply Chain.
Lecture 8 SCOR (Supply Chain Operational Reference) Model application in Supply Chain
Section 7: Flows in Supply Chain & Interlink with SCOR
Lecture 9 Flows in Supply Chain & Interlink with SCOR
Section 8: Value Chain
Lecture 10 Value Chain
Section 9: Inventory Management
Lecture 11 Inventory Management
Section 10: Demand Planning
Lecture 12 Determinants of demand, Impact of each determinant with example
Lecture 13 Demand Planning
Lecture 14 Planning Horizons & Forecasting Methods
Section 11: Supply Planning
Lecture 15 Determinants of Supply, Impact of each determinant with example
Lecture 16 Supply Planning
Section 12: Master Production Schedule (MPS)
Lecture 17 Master Production Schedule (MPS)
Section 13: Materials Requirement Planning (MRP)
Lecture 18 Materials Requirement Planning (MRP)
Section 14: MPS Vs MRP
Lecture 19 MPS Vs MRP
Section 15: Planning Flow in Supply Chain - Interlink between Demand Planning, MPS, MRP
Lecture 20 Planning Flow in Supply Chain - Interlink between Demand Planning, MPS, MRP
Section 16: Planning strategies in manufacturing environment
Lecture 21 Planning strategies in manufacturing environment
Section 17: Sales & Operations Planning (S&OP)
Lecture 22 Sales & Operations Planning (S&OP)
Section 18: Types of Planning in Business
Lecture 23 Types of Planning in Business
Section 19: Purchasing & Procurement
Lecture 24 Purchasing & Procurement
Lecture 25 Procurement Concepts
Lecture 26 Procurement types - Purchase Vs Procurement
Section 20: Case Study of Walmart
Lecture 27 Case Study of Walmart
Section 21: Logistics Management
Lecture 28 Logistics Management
Lecture 29 Reverse Logistics
Section 22: Transportation Management
Lecture 30 Transportation Management
Lecture 31 LTL vs FTL
Lecture 32 Different Modes of Transportation & their characteristics
Section 23: Warehousing Management
Lecture 33 Warehousing Management
Lecture 34 Types Of Warehouses
Section 24: Lecture Handouts
Lecture 35 Lecture Handouts
Section 25: Practice Test - QUIZ
Professionals - Like Buyers, Demand Planners, Logistics Planners, Inventory Planners, Supply Chain Managers, Supply Chain Analysts.,Professionals looking to make their career or switch their careen in Supply Chain field.
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