Supply Chain Management Fundamentals: Theory and Practice

Supply Chain Management Fundamentals: Theory and Practice, available at $64.99, has an average rating of 4.1, with 49 lectures, 3 quizzes, based on 42 reviews, and has 4141 subscribers.

You will learn about Understanding supply chain management. Understanding what is a supply chain and its Objectives. Various supply chain components and their roles as well key decision making variables related these components.. Managerial levers that help achieve adequate supply chain coordination. Poor supply chain coordination and the bullwhip effect. The impact of the bullwhip effect on supply chain performance. Quantitative demand forecasting techniques + qualitative forecasting techniques. Three basic measures of forecast accuracy. Comparison of the four quantitative forecasting techniques using three measures of forecast accuracy. Sales and Operations Planning (S&OP). Achieving supply and demand management through S&OP. Different nature and sources of demand. Introduction to inventory management – Objectives of inventory management, definition of inventory, types, costs and reasons for holding inventories. Inventory replenishment models – ROP, Basic EOQ, Min-Max and Single Period Model, including situations in which each would be appropriate. Planning and replenishment concepts – MRP and DRP concepts, and JIT philosophy including applications in which each would be appropriate and/or solve problems. Comparison of MRP and DRP techniques. Inventory classification models such as A-B-C classification model, FSN approach, and CVA approach. Role of logistics in a supply chain. Different modes of transportation and basic trade-offs to consider when selecting modes of transportation. Measuring supply chain performance using various performance measurement methods such as financial performance measures and widely used KPIs. This course is ideal for individuals who are Supply chain professionals/managers. or Individuals working in sales and operations, manufacturing/production, and retail Industries or Consultants & business analysts or Small and medium business owners or Supply chain or Students or anyone eager to learn and to supplement their knowledge It is particularly useful for Supply chain professionals/managers. or Individuals working in sales and operations, manufacturing/production, and retail Industries or Consultants & business analysts or Small and medium business owners or Supply chain or Students or anyone eager to learn and to supplement their knowledge.

Enroll now: Supply Chain Management Fundamentals: Theory and Practice

Summary

Title: Supply Chain Management Fundamentals: Theory and Practice

Price: $64.99

Average Rating: 4.1

Number of Lectures: 49

Number of Quizzes: 3

Number of Published Lectures: 49

Number of Published Quizzes: 3

Number of Curriculum Items: 52

Number of Published Curriculum Objects: 52

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

• Understanding supply chain management.
• Understanding what is a supply chain and its Objectives.
• Various supply chain components and their roles as well key decision making variables related these components..
• Managerial levers that help achieve adequate supply chain coordination.
• Poor supply chain coordination and the bullwhip effect.
• The impact of the bullwhip effect on supply chain performance.
• Quantitative demand forecasting techniques + qualitative forecasting techniques.
• Three basic measures of forecast accuracy.
• Comparison of the four quantitative forecasting techniques using three measures of forecast accuracy.
• Sales and Operations Planning (S&OP).
• Achieving supply and demand management through S&OP.
• Different nature and sources of demand.
• Introduction to inventory management – Objectives of inventory management, definition of inventory, types, costs and reasons for holding inventories.
• Inventory replenishment models – ROP, Basic EOQ, Min-Max and Single Period Model, including situations in which each would be appropriate.
• Planning and replenishment concepts – MRP and DRP concepts, and JIT philosophy including applications in which each would be appropriate and/or solve problems.
• Comparison of MRP and DRP techniques.
• Inventory classification models such as A-B-C classification model, FSN approach, and CVA approach.
• Role of logistics in a supply chain.
• Different modes of transportation and basic trade-offs to consider when selecting modes of transportation.
• Measuring supply chain performance using various performance measurement methods such as financial performance measures and widely used KPIs.

Who Should Attend

• Supply chain professionals/managers.
• Individuals working in sales and operations, manufacturing/production, and retail Industries
• Consultants & business analysts
• Small and medium business owners
• Supply chain
• Students or anyone eager to learn and to supplement their knowledge

Target Audiences

• Supply chain professionals/managers.
• Individuals working in sales and operations, manufacturing/production, and retail Industries
• Consultants & business analysts
• Small and medium business owners
• Supply chain
• Students or anyone eager to learn and to supplement their knowledge