Procurement, Contracts & Supply Chain

Supply Chain Best Practices: Strategies for Business Success

Master cutting-edge supply chain management techniques to drive efficiency, reduce costs, and gain a competitive edge in today's global marketplace

Duration
5 Days
Credits
5 per day
Mode
Full-time
Provider
Blackbird Training Centre

Course Overview

Course Description

This comprehensive 5-day course explores cutting-edge supply chain management best practices to drive efficiency, reduce costs, and gain a competitive edge. Participants will learn strategies to optimize performance across the entire supply chain, from procurement to distribution. Through real-world case studies and practical exercises, attendees will develop skills to implement effective supply chain solutions in their organizations.

Learning Objectives

  • Understand key components and strategies of effective supply chain management
  • Implement best practices for demand forecasting and inventory optimization
  • Develop strategies for supplier relationship management and procurement
  • Optimize logistics and distribution networks for improved efficiency
  • Leverage technology and data analytics to enhance supply chain performance
  • Apply risk management techniques to build resilient supply chains

Course Modules

Day 1: Supply Chain Fundamentals and Strategy

  • Introduction to supply chain management concepts
  • Aligning supply chain strategy with business objectives
  • Best practices in supply chain planning and execution
  • Key performance indicators for supply chain success

Day 2: Demand Planning and Inventory Management

  • Advanced forecasting techniques
  • Inventory optimization strategies
  • Sales and operations planning (S&OP) best practices
  • Demand-driven supply chain models

Day 3: Procurement and Supplier Relationship Management

  • Strategic sourcing and category management
  • Supplier evaluation and selection processes
  • Collaborative supplier relationships and partnerships
  • Contract management and negotiation techniques

Day 4: Logistics and Distribution Optimization

  • Network design and optimization
  • Transportation management best practices
  • Warehouse management and automation
  • Last-mile delivery strategies

Day 5: Technology, Analytics, and Risk Management

  • Digital supply chain technologies and Industry 4.0
  • Data analytics and business intelligence in supply chains
  • Supply chain risk assessment and mitigation strategies
  • Building resilient and sustainable supply chains

Practical Wins for Participants

  • Develop a strategic roadmap for supply chain optimization
  • Create an action plan for implementing demand-driven planning
  • Design a supplier scorecard and relationship management framework
  • Construct a risk management plan for supply chain resilience
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