Logistics Management
Logistics management is an essential function governing the flow of goods through a supply chain. This course, brings you up to date with the latest logistics models and practices. The course’s main focus is on the optimization of transport, warehouse and inventory management activities. In addition, it covers the SCOR Framework for managing logistics KPI. We will use exercises as well as regional and international case studies. Participants will frequently work in pairs with one another and in larger teams.
· Recognize modern supply chain and logistics trends as a basis for sustainable performance
· Employ qualitative and quantitative material forecasting techniques for a streamlined logistical operation
· Develop go-to-market strategies for different product categories based on associated supply risk and financial impact
· Describe role of transportation in logistics and identify opportunities for operational improvement
· Describe role of warehousing in logistics and identify opportunities for operational improvement
· Apply Supply Chain Operations Reference (SCOR) framework to manage strategic and operational facets of logistics
Logistics trends and practices
· Logistics overview
· Logistics, supply chain and the organization
· Strategic, tactical and operational elements of logistics
· Sustainable logistics
· Concepts in logistics: 3PL, 4PL
Transport management
· Objectives of transport management
· Transportation modes and types
· Efficient and effective transportation
· Matching the strategic service level
· Routing
· Cubing
· Considerations for international transportation
Warehousing operations
· Warehousing network design
· Configuration of warehousing space
· Value adding activities
– Stockpiling, spot stocking and assortments
– Cross docking, break bulking and consolidation
– Mixing, postponement and assembly-to-order
· Warehouse activity profiling
· Warehousing cost calculation
· Sustainable warehousing practices
Inventory management
· Materials management scope
· Objectives of materials management
· Inventory types and classification
· Materials management challenges
· Material replenishment strategies
> Make-to-stock
> Make-to-order
> Assemble-to-order
> Design-to-order
Logistics and performance management
· The SCOR framework
· Identifying high level SCOR metrics
· Customizing low level SCOR metrics
· Managing targets
· Initiative for performance improvement
Logistics professionals at all levels of the organization. The course is ideal for those seeking to complement their supply chain and logistics experience with the latest theoretical knowledge in the field in preparation for assuming a higher position at their organization.