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This MBA style course prepares and empowers you to make a REAL difference. Turbo-charge your career and your business.This course is for the new or aspiring supply chain & operations manager, the ambitious procurement professionals, the striving logistics supervisors, hands-on production planners and the practical business optimization analysts. Take control of your supply chain to have and "impact" and "improve" your business operations - manufacturing, services, retail, logistics industrial operations and production.Equip yourself to take a new leading role in your workplace - improving your processes, systems, business / organization.Understand the fundamentals, then details of the essentials of supply chain management, the core business trade-offs, essential analysis, calculations and basic optimisation methods.Become the Supply Chain Management authority in your team on improving the operations systems in your business.Course Sections:1. Introduction to Supply Chain Management2. Stakeholders and Relationships3. Components of a Supply Chain4. Types of Supply Chain and Value Stream Mapping5. Forecasting Demand6. Demand Management7. Bullwhip Effect8. Sales and Operations Planning9. Inventory Management10. Measuring Performance with Metrics / KPIsIn this course, you will learn:Objectives: What are the "Aims and Objectives" of a good Supply Chain. How to balance the "Trade Offs"Type of Supply Chain: The difference between an "efficient" and a "responsive" supply chain and why you can be bothRelationships: Segment your Stakeholders and Tailor your Relationships. Are you transactional or collaborative?Forecasting: Quantitative and Qualitative Methods of Forecasting Demand. Excel work-throughs: Worked examples in excel of the most common quantitative forecasting methods and calculating forecast error.Reducing Variation: Why demand variation is the enemy and how you can control itBullwhip Effect: Control the Bullwhip Effect: What it is, how does it happen (to us all!) and how to control itImprove a Supply Chain: By reducing Delays, Uncertainties and Decision TiersS & OP Planning Structure: MRP, ERP and Software integrationInventory: The core reasons we "need" inventory and why it really costs us so much more than most managers thinkKPIs: 5 essential supply chain Metrics to give you a "deep" and "balanced" view of your performanceBusiness operations come in all shapes and sizes with a host of unique challenges; but good supply chain management is essential to them all. Whether you work in retail, manufacturing production, distribution and logistics or even service companies such as restaurants, retail, hospitality or health and beauty; - an effective supply chain is a key determent of your business's success. Getting a strong control and continuously improving your business supply chain operations is essential to remain competitive, improving profitability, improving customer satisfaction, reducing costs and improving delivery.A solid grasp of the "wider" supply chain picture is essential to be considered for a managerial position or seek promotion as higher roles require greater stakeholder relationships, building partnerships and business agreements either with other supply chain functions within your business or external companies. Take control of your career and equip yourself with a solid base in Supply Chain Management; full of practical insights and tools that you can use right now to unlock the potential of yourself and your business!FULL COURSE CONTENTS1. Introduction to Supply Chain ManagementA Life Changing Supply ChainWelcomeThe Supply Chain of Life - BloodWhy is Supply Chain Management Important?What is Supply Chain Management?Aims and Objectives of a Good Supply ChainKey Activities in Supply Chain2. Stakeholders and RelationshipsStakeholders and Relationships - IntroductionThe Main StakeholdersSuppliers, Producers and DistributorsRetailers and End CustomersStakeholders and their RelationshipsVertical and Horizontal RelationshipsSegmentation of SuppliersTransactional vs Collaborative Relationships3. Components of a Supply ChainComponents of a Supply Chain - IntroductionOEMs, Supplier Tiers and Internal FunctionsOther Components of a Supply ChainA Typical Supply Chain4. Types of Supply Chain and Value Stream MappingEfficient vs Responsive Supply ChainsMatching Supply Chain Type to Product TypeValue Stream MappingVSM - An Example talk-through (VSM - example map)5. Forecasting DemandForecasting Demand - IntroductionWhy do we Need a Forecast?The Golden Rules of ForecastingCollaborative Forecasting - WhatCollaborative Forecasting - WhyCollaborative Forecasting - HowForecasting MethodsQuantitative ForecastingForecasting using Moving AveragesForecasting using Weighted AveragesForecasting using Exponential SmoothingCalculating Forecast ErrorSpotting Trends from Noise6. Demand ManagementWaiting for the Barber - StoryDemand Management - IntroductionWhat is Demand Management?Causes of Demand VariationExternal Demand Management - MethodsInternal Demand Management - Methods7. Bullwhip EffectBullwhip Effect - IntroductionDemand Management through the Supply ChainThe Bullwhip Effect - BackgroundThe Bullwhip going up the Supply ChainWhy Does It Happen?Reducing Delays to Improve a Supply ChainReducing Uncertainty to Improve a Supply ChainReducing Decision Tiers to Improve a Supply Chain8. Sales and Operations PlanningSales and Operations Planning (S & OP) - IntroductionWhat is S & OP for?S & OP - Planning StructureIndependent vs Dependent DemandBill of Materials (BOM)Materials Requirements Planning - OverviewMRP continuedEnterprise Resource Planning - ERPSupply Chain Management Software9. Inventory ManagementInventory Management - IntroductionWhat is Inventory?Types of InventoryWhy do we Need Inventory?Why Else do we Hold Inventory?Costs of InventoryFinancial Costs of InventoryOrdering Costs of InventoryHolding Costs of InventoryOperational Costs of Inventory10. Measuring Performance with Metrics / KPIsMeasuring Performance - IntroductionWhat are Metrics?Business's Perspective on PerformanceCategories of Supply Chain KPIs / MetricsSelected Metrics / KPIs for Supply ChainInventory Turns / TurnoverDays On Hand / Days Inventory OutstandingCash to Cash Cycle TimeCustomer Lead TimeOn Time In Full % (OTIF)Fill Rate %Wrap UpCongratulations

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