Fundamentals of Supply Chain Management Practices

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Supply Chain Management (SCM) involves optimizing your operations to maximize both speed and efficiency. Supply chain management influences your ability to satisfy the expectations of your customers and achieve competitive advantage. It determines the effectiveness and efficiency with which you handle ordering, production, storage and distribution activities. Because of the vital role SCM plays within organizations, employers seek employees with an abundance of SCM skills and knowledge. SCM impacts customer service by making sure the right product assortment and quantity are delivered in a timely fashion. For instance, by developing a more efficient supply chain, we can deliver orders faster to customers. All else being equal, customers will choose the company that meets their needs fastest, giving you a competitive advantage in your industry. Besides Customer satisfaction, effective SCM also Reduce Inventory Cost, provides better medium for  information sharing between partners, maintain better trust between partners, provides efficient manufacturing strategies, improve process integration, improve bottom line, increase cash flows, improves quality and gives higher profit margin. It is for these reasons that supply chain management has become such an important topic in business and strategic management issues.

 

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— Course Fee: RM 790.00 (Inclusive of 8% Service Tax) —

What Will You Learn?

  • Understand the different areas of the supply chain and their interrelationships.
  • Be familiar with the key decisions in the process of Sourcing & Procurement.
  • Identify storage, maintenance and handling systems required in different logistic situations.
  • Be familiar with the guidelines for stock management so as to optimize resource acquisition decisions.
  • Use analytical techniques to manage distribution routes

Module 1: Introduction to Supply Chain Management
1.1 Definition
1.2 Stages & Levels of SCM
1.3 Improving performance

Module 2: Sourcing & Procurement Logistics
2.1 Procurement fundamental
2.2 Forecasting
2.3 Negotiation

Module 3: Storage Logistics
3.1 Incoming operation
3.2 Production & Quality process
3.3 Finish product storage

Module 4: Distribution Logistics
4.1 Delivery Documentations
4.2 Outgoing process
4.3 Inventory

Module 5: Domestic Transportation
5.1 Loading & Recording
5.2 Tracking & Monitoring
5.3 Delivery & Sales Record

Module 6: Import /Export Arrangement
6.1 Delivery Modes
6.2 Import, Export Procedures
6.3 Incoterms

Module 7: Custom Ruling & Facilities
7.1 Import Duty, Tax, Levy
7.2 Import License
7.3 Bonded Warehouse

Module 8: Case Studies & Group discussion