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Supply Chain Management Basics

This course provides an overview of the essential principles of Supply Chain Management (SCM).

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Certificate :

After Completion

Start Date :

10-Jan-2025

Duration :

30 Days

Course fee :

$150

COURSE DESCRIPTION:

  1. This course provides an overview of the essential principles of Supply Chain Management (SCM), emphasizing the core concepts, strategies, and operations necessary for effectively managing the movement of goods, services, information, and finances throughout the supply chain. Participants will gain insights into optimizing supply chain processes, minimizing costs, and enhancing customer satisfaction.

CERTIFICATION:

  1. Upon successful completion of the course, participants will be awarded a Supply Chain Management Basics Certification.

LEARNING OUTCOMES:

By the conclusion of the course, participants will possess the skills to:

  1. Grasp the core principles of SCM, including logistics, procurement, inventory management, and distribution.
  2. Recognize the importance of an effective supply chain in achieving business success.
  3. Understand the critical components of a supply chain, such as suppliers, manufacturers, warehouses, distribution centers, and retailers.
  4. Learn how information, materials, and money flow between these entities.
  5. Understand the process of sourcing raw materials and products from suppliers.
  6. Learn strategies for supplier selection, negotiation, and managing supplier relationships.
  7. Study techniques for efficient inventory control, including Just-in-Time (JIT), Economic Order Quantity (EOQ), and safety stock management.
  8. Learn how to balance inventory levels to minimize costs while ensuring product availability.
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Course Curriculum

Introduction to Supply Chain Management
  1. Overview of SCM
  2. Key definitions: supply chain, logistics, procurement, and distribution
  3. The importance of an efficient supply chain for business success.
The Key Components of a Supply Chain
  1. Suppliers and vendors
  2. Manufacturing and production processes
  3. Warehousing and inventory
  4. Distribution and retail channels
Procurement and Sourcing Strategies
  1. Supplier selection and negotiation
  2. Procurement processes
  3. Supplier relationship management
  4. Outsourcing and global sourcing
Inventory Management
  1. Inventory types and classifications
  2. Techniques for inventory control (EOQ, JIT)
  3. Managing stock levels and order quantities
  4. Role of inventory in customer satisfaction and cost control
Logistics and Distribution Management
  1. Distribution strategies: direct, indirect, and omni-channel
  2. Transportation and logistics modes (road, rail, sea, air)
  3. Warehousing and order fulfillment
  4. Distribution networks and channel management
Supply Chain Technologies
  1. Overview of ERP systems and SCM software
  2. Automation in warehousing and logistics
  3. Data analytics and forecasting in SCM
  4. Supply chain visibility and tracking
Risk Management in Supply Chain
  1. Identifying and assessing risks in supply chains
  2. Strategies for managing and mitigating risks (contingency planning, supply chain redundancy)
  3. Managing disruptions and building resilient supply chains
Sustainable Supply Chain Practices
  1. Understanding green logistics and sustainability in supply chains
  2. Reducing environmental impact and waste in logistics
  3. Ethical sourcing and fair trade practices
  4. Circular economy principles in supply chain
  5.  

Training Features

Interactive Online Learning

Self-paced online modules with videos, reading materials, and quizzes to reinforce learning.

Case Studies and Real-World Examples

Practical examples and case studies from leading companies to understand how SCM theories apply to real-world scenarios.

Assessment and Quizzes

Short quizzes after each module to ensure retention of key concepts and provide instant feedback.

Hands-On Activities and Tools

Practical exercises, such as creating inventory management plans and designing supply chain flowcharts using templates.

Live Webinars and Expert Sessions

Interactive webinars and Q&A sessions with SCM professionals to discuss industry trends and best practices.

Certifiable Final Exam

A final exam that evaluates participants’ overall knowledge of supply chain management.

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