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LMC offer a wide range of short training courses in London and other international destinations.

SP15

Fundamentals of Supply Chain Management

London fees £3600 Dubai fees $4400
Duration 5 days

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Introduction

Modern organisations are maximising their performance by co-ordinating their internal activities with their suppliers to both; increase their capability to meet customer requirements and increase margins. This programme has been designed to study the key issues related to supply chain management, which will enable delegates to develop effective strategies for adding value and improving performance.

Who should attend?

This programme is designed for all those involved in managing the supply chain within an organisation – buyers, operations, supply chain professionals and finance. The course is designed to ensure that all personnel are aware of the challenges and opportunities that exist for organisations in managing the supply chain.

  This is my first time at LMC, I found the training centre excellent, they made my stay in London very comfortable. Kaltham Al-Thani, Qatar Development Bank (QDB)

Defining Supply Chain Management

Deciding whether to make or buy

  • Why outsource?
  • Price, cost and added value
  • Managing cost control processes

Just in time processes vs. stock holding

  • The inventory bullwhip effect
  • Stock control methods
  • Procedures and consistency
  • Enterprise resource planning (ERP)
  • Planning and forecasting
  • Logistics and transport

Supplier Management

  • Reviewing purchasing practices
  • Partnerships, alliances and arm’s length relationships
  • Blacklists
  • The role of agents and distributors

Communications

  • Information transfer processes
  • Internal co-ordination and co-operation

Contractual issues

  • Key Performance Measures

Action Planning

 

At the end of the course participants will be able to:

    • Understand and manage the key issues associated with supply chain management
    • Plan for cross-business co-ordination
    • Understating the difference between “JIT” process and Stock holding 
    • Measure the performance of key suppliers
    • Achieve best results in managing the supply chain
    • Identifying key performance measures
 
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