Global Supply Chain & Inventory Pro: Master Certification

Optimizing Worldwide Operations: Mastering Global Supply Chain & Inventory Management & Leading like a Pro

Created by: Sitmi Academy
Management Consulting and Expertise

What Will I Learn?

• Deep understanding of the each business function viz. Operations, demand planning, supply planning, inventory, warehousing, purchasing & logistics
• Introduction to business operations, Transformation Process, Operations in manufacturing, Service & retail organizations.
• What is Demand and Supply, What is key difference? Who are responsible to plan demand and supply? and related examples.
• Obstacles when demand and supply are imbalanced.
• Introduction to Supply Chain, Different flows in Supply Chain.
• Evolution of Supply Chain (From 1913's assembly line till now and way ahead)
• Insights of Supply Chain with respect to SCOR (Supply Chain Operational Reference) model
• What is value Chain and how it is interlinked with Supply Chain. Difference between Value Chain & Supply Chain
• What are job roles & responsibilities in Supply Chain function
• Supply Chain Flow with sequence of activities in the entire flow.
• Understand SCOR Model, Its Characteristics, Details about all processes in SCOR Model, Benefits of SCOR Model, KPI"s that are recommended in SCOR Model.
• Thoroughly understand what is demand Planning? Quick glance on difference between demand & sales.
• Thoroughly understand what are major determinants of demand in the market / What factors influence the demand of product or services
• Learn about Why demand planning, What are the benefits of demand planning & Role of a demand planner
• Learn about factors (Internal & External to Organization) Influence demand planning process.?
• Understand characteristics of Forecast, Forecasting process (Step by step), How to construct demand forecasts.
• Learn about Planning horizons in demand forecasting process.
• Understand different Types of forecasting process (Qualitative forecasting and quantitative forecasting and models inside these)
• Quick glance on which forecasting methods are best to use?Understand why aggregate level forecast accuracy is usually higher
• Learning about Inventory Management, types of inventory, 6 reasons to keep inventories..
• Activities involved in Inventory Management function
• Understanding Inventory Costs: A Comprehensive Overview
• Need of best inventory management today - From Burden to Opportunity : Unleashing the Hidden Value of Inventory Management
• Benefits of well managed inventory - From Chaos to Control Unleashing the Potential of well managed inventory
• Learn more about what is Purchasing, What is Procurement, How both of these differ.
• Understand what is Vendor Managed Inventory and what are its benefits.
• What is meaning of Selective Inventory Control Methods
• 9 Selective Inventory Control Methods - Categorization logic & uses (ABC, XYZ, FSN, HML, SDE, VED, S-OS, GOLF, PQR)
• Overview & Excel Calculation for ABC, XYZ, HML, FSN, S-OS, VED, SDE, PQR, GOLF Analysis.
• Categorizing Selective Inventory Control Methods in Microsoft Excel - Ready sheets for analysis in minutes.
• Inventory Replenishment planning methods, Four Inventory replenishment Methods
• What is Safety Stock, Why it is needed? Calculation of Safety Stock in Excel & Ready excel sheet for quick calculation
• Calculation of Reorder Point (ROP) in Excel & Ready excel sheet for quick calculation
• Calculation of Economic Order Quantity (EOQ) in Excel & Ready excel sheet for quick calculation
• Calculation of Min Max levels in Excel & Ready excel sheet for quick calculation
• Planning strategies in Business environments – All about MTO, MTS ATO & ETO.
• Learnings about 5 Step S&OP (Sales & Operations Planning process) with key stakeholders and responsibilities in each steps.
• Types of Planning in Supply Chain - Long term, Mid term and short term
• In-depth understanding of Logistics, Transportation & Warehousing.. Processes in each of them, Modes of transport, types of logistics..
• Key concepts like LTL, FTL, Reverse logistics, Types of warehouse, modes of transport and their differences.
• Case study of Wal Mart - For using best supply chain methods, technologies and leveraging world class supply chain benefits.

Requirements

• English Language
• MS Excel Knowledge
• Learning & attentive mindset

Target audience

• Professionals - Like Buyers, Demand Planners, Logistics Planners, Inventory Planners, Supply Chain Managers, Supply Chain Analysts.
• Professionals looking to make their career or switch their careen in Supply Chain field.