SUPPLY CHAIN MANAGEMENT – AVOIDING DISRUPTION BY INTEGRATING THE SUPPLIES MANAGEMENT

INTRODUCTION FOR SUPPLY CHAIN MANAGEMENT – AVOIDING DISRUPTION BY INTEGRATING THE SUPPLIES MANAGEMENT

One of the key challenges in Supply chain operation is to integrate effectively the operation of the various sections to ensure the inventory system is not compromised in term of disruption and inefficiency.

This program is tailored to increase efficiency and effectiveness of the supplies operation and eliminate disruption by deploying various strategies.

TARGETED AUDIENCE

Key participants who are encouraged to attend this program will be everyone involved in the supply chain operation, warehousing, procurement, production, planning, sales team members and middle and senior executives and managers who are involved directly or indirectly in managing the efficiency of the company inventory operation.

MODE OF LEARNING AND CONTENT

• 14 hours program broken down into 2 full day face to face classroom or 4 days x 3.5 hours per day online
• Power point presentation with notes will be provided
• Daily quiz or test to be given to all participants to gauge learning (for online program)
• Case study to stimulate better learning
• Post test to gauge learning toward the end of the program

COURSE OBJECTIVES

By the end of the session, participants will able to:-

• Develop understanding on fundamental and principle of supply chain management
• Understand why integration is important for efficient inventory operation
• Acquired the understanding of the various push and pull inventory system strategies
• Acquired understanding on challenges of Inventory Management
• Develop know how on 3^rd party risk management system
• Able to differentiate between strategic risk assessment and operational risk management and why it is important in inventory management
• Understand the role of different section in the supply chain flow to manage inventory efficiently
• Understand the managing strategies to manage suppliers effectively to eliminate disruption to inventory supplies
• Develop full awareness and knowledge on how to implement effective inventory system at the workplace

COURSE CONTENT

Module 1 – Understanding Supply Chain Management

• Definition of Supply Chain
• Fundamental of Supply Chain
• Supply chain operation reference model (SCOR)
• Key emerging challenges to Supply Chain
• Supply chain network design and optimization
• Key toward having a Qualifiers and Winning attributes

Module 2 – Integrating the supply chain system

• Definition of “inventory”
• Type of Inventory
• Disadvantages and Advantages of Inventory
• Inventory on business bottom-line profit
• Type of integration in supply chain
• Internal and External Integration
• Key consideration in integration
• Supply chain operational function
• Inventory Management in Supply Chain
• Procurement role in Inventory Management
• Demand Planning role in inventory Management
• Sales and Operation Planning role in Inventory Management
• Cause and Effect Risk Management analysis
• Case study – The case of missing the deadline.

Module 3 – Managing Effective Inventory

• Consignment stock
• Customer stock
• Vendor managed inventory
• Introduction to Pull and Push system
• Stock accuracy
• Leveraging and Supplies strategies
• Inventory turnover ratio
• Safety stock calculation
• Reorder level calculation
• Learning Pareto Analysis for Inventory control
• Case study – Calculating your inventory replenishment and safety stock level

Module 4 – Supply chain inventory strategies

• Traditional Inventory system
• Understanding the Push and Pull system
• Lean Kanban
• Supermarket Kanban
• Deciding factors in choosing the best system

Module 5 – Effective Procurement Strategies

• Complete cycle of Procurement Management
• Key Responsibility in Supply chain effectiveness
• Understand the Strategic and Tactical Role
• Strategic Sourcing and Selection
• Strategic Expediting

Module 6 – Preventing Procurement disruption – Third Party Risk Management

• Definition of 3^rd party risk management
• Cycle of 3^rd party risk management
• Securing supplies with 10 C selection and evaluation
• Conducting audit and key areas of audits
• Suppliers managing strategies

Module 7 – Strategic and Operational Risk Management in Supply Chain Management

• Definition of Strategic and Operational Risk Management
• Strategic Risk Assessment
• Operational Risk Management
• Conducting Competitiveness Analysis
• Preemptive technique to avoid disruption
• Case study – Where are your company operation in term of ensuring undisrupted supplies of inventory?
• Post test x 20 questions