Supply Chain Management Certificate This “practical” interactive certificate series is designed to provide participants with a detailed look at global supply chain management with a focus on Purchasing, Inventory, and Warehousing. This certificate addresses issues in terms of today’s global supply chain and its supply chain streams and flow process, so practitioners can know how to make the most of this powerful tool. You will have the opportunity to explore a variety of global supply chain management areas in depth, extrapolate their logistics meanings, and apply the techniques needed to make it all work for your organization. Mastering the supply chain’s dynamics is no longer extraneous to survival in today's global environment—it's essential. Because logistics affects 30% or more of the value added to your product, it offers abundant areas of opportunity and exciting possibilities for lowering the bottom line. Where you may not be able to control the outside influences, ambiguities, and contradictions of the global economy at large, you can have a profound influence on controlling those internal logistics factors that substantially affect your profitability or cost containment efforts. Course Schedule Global Supply Chain Basics and Technology (Day 1) Global Logistics Basics and Functionality (Day 2) Essential Aspects of Purchasing (Day 3) Inventory Management Practices (Day 4) Mastering Warehouse Mechanics (Day 5) WHO SHOULD ATTEND Logistics, supply chain, procurement, purchasing, and distribution management personnel Experienced supply chain executives and managers with little or no formal training Plant, manufacturing, and materials managers with supply chain supervision Other managers and executives with supply chain and logistical interface Any IT or finance executives who needs to get a grip on their organization’s supply chain Senior managers with executive responsibility for supply chain and logistics This program will benefit those with little or no formal training and those with less than 5 years of experience in supply chain, logistics, and the value chain. It will also benefit those who are in a supervisory or managerial position in a purchasing, inventory, materials, warehousing, distribution, or operations functional setting, or if you are simply interested in learning about logistics and supply chain principles and concepts, here’s your chance to learn practical techniques for planning, managing, and improving your skills. This Supply Chain Management Certificate Program will help you stay in touch with the most current and important ideas in the supply chain management and logistics field. WHY YOU SHOULD ATTEND This informative, interactive program, Supply Chain Management Certificate Program, is designed to provide you with a detailed look at global supply chain logistics, both in terms of today's supply chain and in the demand flow management process, so you can know how to make the most of this powerful tool. You will have the opportunity to explore a variety of global supply chain management areas in depth, extrapolate their logistics meanings, and apply the techniques needed to make it all work for your organization. Mastering the supply chain’s dynamics is no longer extraneous to survival in today's global environment—it's essential. Because logistics affects 30% or more of the value added to your product, it offers abundant areas of opportunity and exciting possibilities for lowering the bottom line. Where you may not be able to control the outside influences, ambiguities, and contradictions of the global economy at large, you can have a profound influence on controlling those internal factors that substantially affect your profitability or cost containment Purchasing, transportation, inventory control, warehousing, distribution, order processing, materials handling, and customer service—how do you make them work together to achieve optimum results? How do you control and coordinate these diversified functions? How do you unify policies, procedures, and activities without focusing on one function at the expense of another? How do you achieve a fully integrated logistics approach by managing trade-offs among basic functional activities? How do you remove the barriers between these functions to maximize profit, improve service levels, and minimize the “total cost of ownership”? The essence of creating and managing an effective global supply chain means understanding all of its components and the dynamic way they relate to each other. Too often, you may find yourself focusing on those specific areas where you have the most background or are most comfortable. You may not have the confidence to deal with those components of the supply chain that are equally critical to its overall effectiveness. This program goes into more coverage of the key logistical functions, namely, purchasing, inventory and warehousing to offer you a way to evaluate the complex relationships among global supply chain logistics activities, permitting maximum administration of the system and providing you with insights on how to optimize it to fit the particular needs of your operation. DAY 1 GLOBAL SUPPLY CHAIN BASICS AND TECHNOLOGY PROGRAM AGENDA & OUTLINE Section 1 INTRODUCTION TO GLOBAL SUPPLY CHAIN LOGISTICS IN THE ENTERPRISE Section 2 Section 3 TRACKING & TRACING IN REAL-TIME Section 5 Global Pipeline Visibility Milestone Measurements Automated Order Tracking & Alerts Enterprise Resource Planning (ERP) Systems Supply Chain Execution, Management, & Planning Systems AUTOMATIC DATA COLLECTION, INFORMATION TRANSFER, & ENABLERS Section 4 Definition of Logistics & Supply Chain Strategic Sourcing Global Manufacturing Global Distribution Global Transportation Strategic Alliances & Partnering From Where? To Where? When, How, & Why? Bar Code Usage & Application Radio Frequency & Devices RFID & Voice Recognition Passing between Applications OUTSOURCING SUPPLY CHAIN ACTIVITIES Identifying Activities to Be Outsourced Selecting the Best Third Party Logistics (3PL) Provider Managing the Logistics Services Provider (LSP) Relationship Understanding the 4PL or Lead Logistics Provider Concept Key Success Factors for Building a True Partnership Environment Performance-Based Logistics & Developing a Gain Sharing Philosophy INTEGRATING THE FUNCTIONS & UNIFYING THE PROCESS Aligning Organizational Strategy Supply Chain Collaboration & Strategic Concepts Supply Chain Cost & "Drivers" Key Elements that Drive Success Total Cost Techniques for Cutting Costs DAY 2 GLOBAL LOGISTICS BASICS AND FUNCTIONALITY PROGRAM AGENDA & OUTLINE Section 6 Section 7 Section 8 Section 9 PURCHASING & SUPPLY MANAGEMENT Developing Enhanced Supplier Relationships for Competitive Advantage Aligning Supplier Strengths to Your Company's Strategic Initiatives Building Effective & Successful Supplier Relationships Aligning Supplier Capacity to Schedules & Inventory Goals Factors Impacting the Management of Inventory Demand Flow Technology & Forecast Management MATERIALS & HANDLING MANAGEMENT Material Accounting Valuation Product Coding & Classification Work Order Scheduling & Control Management Customer Order Entry Order Processing & Customer Service Warehouse Management Systems & Load Planning TRAFFIC & DISTRIBUTION MANAGEMENT Transportation Trends for the 21st Century Buying Transportation Services Transportation & Carrier Selection Factors Transportation & Intermodalism Linkage Distribution Requirement & Resource Planning (DRP & DRP II) Import, Export, & Domestic Management Use of CHB, IFF, & Freight Brokers Seeking Opportunities for Cost/Service Differentials INCOTERMS: INTERNATIONAL COMMERCIAL TERMS The International Chamber of Commerce Most Common Incoterms & the Four Basic Clauses Application to Transportation Modes The Increased Level of Obligations for the Seller Common Areas of Importance to Sellers & Buyers Seller/Buyer Charges & Risks Incoterm Rules Quick Reference Charts Section 10 TREND ANALYSIS—LOGISTICS & TECHNOLOGY Where Have We Been? Where Are We Going? Prospects for the 21st Century DAY 3 ESSENTIAL ASPECTS OF PURCHASING PROGRAM AGENDA & OUTLINE Section 11 THE BUYER IN THE PURCHASING FUNCTION Top Management Philosophy, Organization and Responsibilities of Purchasing Buying in the 21st Century and the Purchasing Function The Buyer’s Role in Supply Management Top Five Key Characteristics Managers Want from Their Subordinates Pareto Time Principle and Purchasing Time Dynamics Team Functions and Effective Cross Functional Teams Section 12 PROFESSIONAL PRACTICES IN PROCUREMENT Purchasing Ethics and Questionable Practices Types of Contracts and Elements of a Valid Contract Terms and Conditions Checklist Section 13 SUPPLIER MANAGEMENT AND RELATIONS Responsibilities and Specifications Quality Assurance through Description Quotes, Quotations, Bids, Proposals, and SOWs Developing Sources of Supply Know Your Supplier—Ten-Point Checklist Improving Supplier Utilization Supplier Qualification, Due Diligence, and Supplier Selection Expediting and Follow-up for Late, Lost, and Defective Shipments Supplier Performance Evaluation and Ratings Section 14 COST/PRICE ANALYSIS What Is Something Worth? Discounts—Types and Applications Total Cost of Ownership Price and Cost Analysis—Elements and Applications Section 15 SPECIALIZED PURCHASING APPLICATIONS Blanket and Open-Ended Orders Long-Term Contracting and Agreements Purchasing/Procurement Cards Economic Order Quantity and EOQ Example Freight Terms versus Sales Terms—Implications Terms of Sale Delivery and Service Significance DAY 4 INVENTORY MANAGEMENT PRACTICES PROGRAM AGENDA & OUTLINE Section 16 INVENTORY MANAGEMENT OVERVIEW Inventory—The Materials Management Dilemma Managing Inventory—Approach, Objectives, & General Guidelines The Flow of Information & Materials Classes of Inventory & Stocking Types Who Makes Inventory Decisions? Establish an Inventory Management Policy Section 17 INVENTORY MANAGEMENT STRATEGIES & SYSTEMS Economic Order Quantity (EOQ) Economic Purchase Quantity (EPQ) Lot-for-Lot (L4L) Fixed Order Point System Min/Max Order Point System Cyclical Reordering Systems Periodic Review System Section 18 INVENTORY MANAGEMENT & CONTROL TECHNIQUES ABC Classification System Applying the Pareto Principle ABC Analysis Criteria, Ranking, & Priorities Demand or Usage Factors Reducing Lead Time by Understanding Its Components Eight Categories of Inventory Demand Section 19 INVENTORY RECORD ACCURACY & METHODOLOGY Physical Inventory Counts & Procedures Cycle Counting—The Why’s, How’s, & Potential Pitfalls Inventory Do’s & Don’ts Steps to Obtain Accurate Records & Ensure Inventory Accuracy Technology Enablers & Their Use Section 20 INVENTORY PLANNING, STRATEGY, & PERFORMANCE MEASUREMENT Grouping Like Line Items or SKU’s Inventory Errors—A Checklist Steps to Improve Record Accuracy Too Much, Too Little, Too Late Just the Facts—The Essential Reports Appraising & Measuring Inventory Performance DAY 5 MASTERING WAREHOUSE MECHANICS PROGRAM AGENDA & OUTLINE Section 21 WAREHOUSE DESIGN CONSIDERATIONS Examine the Role of Warehousing Supply/Demand Variables SKU Profiling & Data Gathering Size Does Matter Section 22 LAYOUT & MATERIAL FLOW Organizing the Layout & Material Flow Layout Capacity Factor Guidelines Dock Loading/Unloading Bays Material Handling & Lift Truck Options Storage Methods & Equipment Order Picking, Fulfillment,& Selection Implications for Warehouse Layouts Section 23 EQUIPMENT OPTIONS & ORDER PICKING Material Handling & Lift Truck Options Storage Methods & Equipment Order Picking, Fulfillment,& Selection Section 24 LOCATION & STOCK CONTROL Stock Coding & Inventory Classification Stock Location & Locator Systems Maintaining Accuracy of the Stock Location System Section 25 FACILITIES MAINTENANCE, HOUSEKEEPING, & SECURITY Maintenance & Equipment Duty of Care Housekeeping in the Warehouse Health & Safety Environment Physical Security & Loss Prevention