كود البرنامج : EU-14462

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Why Choose this Course?

This course will deliver actual cost-saving strategies that participants can take back to their organizations. It will look into innovative cost-saving strategy that sounds good on paper but can have disastrous impact when applied in reality - such initiatives sometimes ending up increasing costs rather than reducing them.

Forward-looking managers seek to strike the right balance between supply chain responsiveness and the costs to deliver business results. Key concepts and solutions need to be explored that can be employed to optimize this balance, which, when properly executed and applied in practice, can simultaneously improve both customer satisfaction and corporate profitability.

 

What are the Goals:

By the end of this course, participants will be able to:

Analyze the effectiveness of your firm’s supply chain practices

Identify areas offering the greatest opportunity for improvement

Develop a process improvement road map

Create an inventory strategy that speeds cash flow

Evaluate and work with suppliers to deliver tangible business results

 

 

Who is this Course for:

This course is suitable for a wide range of professionals but will greatly benefit:

Supply chain, logistics and transportation professionals

Sourcing, procurement, and supplier management professionals

Production and manufacturing professionals

All of those who need an understanding of supply chain concepts that can deliver lasting value for your business

This course will feature:

How to benchmark your supply chain capabilities against the world’s best firms

Managing and optimizing your inventory to deliver financial results

Unlocking new business value by effectively managing your supply base, including outsourced providers

Managing information to deliver supply chain excellence

Building a performance management program to define, measure, and improve your results 

 

The Course Content:

Day One

Copy the Best: Supply Chain Benchmarking

Quantitative vs. qualitative benchmarking

Types of process frameworks

Benchmarking against process standards

Establishing a cross-functional benchmarking team

Defining performance gaps

Prioritization and developing a performance road map

Day Two:

Inventory Management & Optimization

Types of inventory

Applying procurement strategies that maximize inventory turns

Speeding the cash-to-cash cycle time

The financial justification for change

Supplier relationship management: strategies, approaches, and tools

Supplier collaboration and your company's culture

Day Three:

Managing Information to Deliver Supply Chain Excellence

The importance of ERP systems

Understanding your company’s IT infrastructure and capabilities

Approaches to internal systems integration

IT integration with all your suppliers?

Normalizing, digitizing, and automating, and accelerating the demand signal

Day Four:

A New Paradigm for Outsourcing

Is your relationship transactional or outcome-based?

Defining desired outcomes that are measurable

Developing an effective outsourcing contract

Designing a pricing model that incentivizes desired behaviors

Evaluating cost/service trade-offs

Creating a governance structure that works

Day Five:

Performance Management: Defining, Measuring, & Improving your Results

Rationale and approach to performance management

Identifying, defining, and tracking your metrics

Aligning your metrics with corporate goals: creating a cascading metrics program

Incentives and continuous improvement