Open Courses

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 coordinating their internal activities with their suppliers to both; improve their capability to meet customer requirements and increase margins. This programme has been designed to study the main issues related to supply chain management, which will enable delegates to develop effective strategies for adding value and improving performance.

Who should attend?

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

  This course is one of the best that I attended in my professional career. LMC have provided a very good opportunity for learning under a very conducive enivronment. I am really impressed with the skills of Mr Russell Caird and Mr JJ Lynch and have found them both to be excellent trainers.  Mr Mohammad Nadeem, Pakistani Poverty Alleviation Fund

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 coordination and cooperation

Contractual issues

  • Key Performance Measures

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 coordination
    • 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