Supply Chain Management Applications: Optimizing Operations

Duration: Hours

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    Training Mode: Online

    Description

    Training Introduction:

    Supply Chain Management Applications: Optimizing Operations is designed to provide participants with a comprehensive understanding of how technology can enhance the efficiency and effectiveness of supply chain operations. In today’s competitive market, optimizing supply chain processes is crucial for reducing costs, improving service levels, and responding quickly to customer demands. This course covers essential supply chain management concepts while focusing on the applications that drive optimization, including inventory management systems, demand forecasting tools, and logistics management software.

    Participants will explore various software solutions such as SAP SCM, Oracle SCM Cloud, and Microsoft Dynamics 365, learning how to leverage these tools to enhance visibility, streamline operations, and make data-driven decisions. By the end of the course, attendees will have the skills necessary to implement and optimize supply chain applications, leading to improved operational performance and business outcomes.

    Prerequisites:

    • Basic understanding of supply chain management principles
    • Familiarity with business operations (recommended but not mandatory)
    • No prior experience with supply chain management software is required

    Table of Contents:

    Module 1: Introduction to Supply Chain Management (SCM)

    1. Overview of supply chain management and its importance in business
    2. Key components of the supply chain: suppliers, manufacturers, distributors, retailers, and customers
    3. The role of technology in transforming supply chain operations
    4. Overview of popular SCM applications: SAP SCM, Oracle SCM Cloud, Microsoft Dynamics 365

    Module 2: Supply Chain Planning Fundamentals

    1. Understanding demand forecasting and its impact on supply chain efficiency
    2. Techniques for effective supply chain planning: collaborative planning, forecasting, and replenishment (CPFR)
    3. Utilizing SCM applications for demand forecasting and inventory management
    4. Hands-on exercise: Creating a demand forecast using forecasting software

    Module 3: Inventory Management Systems

    1. The role of inventory management in supply chain optimization
    2. Types of inventory: raw materials, work-in-progress, finished goods
    3. Strategies for effective inventory management: Just-in-Time (JIT), safety stock, and ABC analysis
    4. Using inventory management applications to monitor stock levels and automate reordering
    5. Case study: Implementing an inventory management system in a manufacturing environment

    Module 4: Logistics and Transportation Management

    1. Overview of logistics management and its significance in SCM
    2. Key components of transportation management: routing, carrier selection, and freight optimization
    3. Utilizing logistics management software for tracking shipments and optimizing delivery
    4. Hands-on practice: Creating a logistics plan using a transportation management tool

    Module 5: Supplier Relationship Management

    1. The importance of supplier relationships in the supply chain
    2. Strategies for effective supplier selection and evaluation
    3. Using supplier relationship management (SRM) tools to monitor performance and compliance
    4. Automating procurement processes through SCM applications
    5. Case study: Successful supplier collaboration using SRM software

    Module 6: Supply Chain Visibility and Analytics

    1. The significance of visibility in supply chain management
    2. Key performance indicators (KPIs) for measuring supply chain performance
    3. Utilizing analytics tools to gain insights into supply chain operations
    4. Real-time monitoring of supply chain activities with SCM applications
    5. Hands-on exercise: Analyzing supply chain data for decision-making

    Module 7: Risk Management in Supply Chain Operations

    1. Identifying and mitigating risks in the supply chain
    2. The role of technology in enhancing supply chain resilience
    3. Setting up risk assessment frameworks using SCM applications
    4. Case study: Managing supply chain disruptions through effective risk management

    Module 8: Integrated Supply Chain Systems

    1. The importance of integrating supply chain functions for improved efficiency
    2. Overview of integrated supply chain management solutions
    3. Utilizing ERP systems to connect supply chain activities
    4. Best practices for successful integration of supply chain applications
    5. Hands-on practice: Configuring an integrated supply chain workflow

    Module 9: Sustainable Supply Chain Management

    1. Understanding sustainability in supply chain operations
    2. Strategies for reducing waste and optimizing resources
    3. The role of technology in promoting sustainable practices
    4. Utilizing SCM applications to track and report sustainability metrics
    5. Case study: Implementing sustainable practices in a global supply chain

    Module 10: Emerging Trends in Supply Chain Management Technology

    1. The impact of Artificial Intelligence (AI) and Machine Learning (ML) on supply chain optimization
    2. Blockchain technology and its applications in supply chain transparency
    3. The rise of IoT (Internet of Things) in supply chain management
    4. Future trends: digital supply chains and autonomous logistics
    5. Hands-on exploration: Testing emerging technologies in supply chain applications

    Module 11: Change Management and Implementation Strategies

    1. Understanding the challenges of implementing SCM applications
    2. Best practices for change management in supply chain organizations
    3. Developing a roadmap for successful SCM application implementation
    4. Engaging stakeholders and ensuring user adoption of new tools
    5. Case study: Lessons learned from a successful SCM implementation

    Module 12: Final Project and Hands-On Lab

    1. Hands-on exercises using supply chain management tools (e.g., SAP SCM, Oracle SCM Cloud, Microsoft Dynamics 365)
    2. Simulating a complete supply chain operation from planning to execution
    3. Final project: Developing a comprehensive supply chain optimization plan for a business scenario

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