Logistics & Supply Chain Management

Course Code: PM08

Course Objective

 

  • Explain what the terms supply chain and supply chain management mean;
  • Describe what supply chain networks are;
  • List examples of supply chains;
  • Describe what is meant by integrated supply chain networks;
  • Describe best practices in supply chain networks.

 

Target Audience

This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.

 

Course Outline

Day 1 – Supply Chain Strategy and Sustainability

  • Principles of logistics and supply chain management.
  • Supplier relationships.
  • Time based mapping and time compression.
  • The contribution of Just in Time and Lean thinking.
  • Supply chain sustainability concepts and management.
  • Thinking strategically, corporate responsibility and ethics.
  • Supply chain challenges and opportunities.

 Day 2 – Principles of Strategic Procurement

  • General issues affecting P&S and the role of Procurement, including drivers, context, structures, objectives
  • Supply strategy and segmentation approaches & matrices; buyer-supplier relationships; power issues
  • Managing inter-organizational relationships
  • Supplier selection, development and evaluation, including make versus buy decisions
  • Daikin case study on value creation – to be prepared by students for class presentations and discussion
  • e-Procurement – approaches, benefits and limitations
  • e-Auction live event (double session)
  • New trends in purchasing: retail industry
  • International sourcing and total landed cost
  • The Supply Chain Partnership model (Prof Douglas Lambert)
  • Sustainable sourcing

 Day 3 – Inventory and Operations Management

  • Supply Chain operations analysis
  • Value Stream Mapping (VSM)
  • “Push and Pull” systems
  • Just-in-time
  • Manufacturing Planning and Control Systems
  • Demand Management and Forecasting
  • Sales & Operations Planning
  • Inventory Management
  • Capacity Management, Sequencing and Scheduling

 Day 4 – Accounting and Finance for Supply Chain Management

  • Interpretation of Company Financial Statements
  • Exploring the relationship between accounting information and supply chain management
  • Introduction to traditional and contemporary accounting tools and  techniques, which can be applied to supply chain analysis
  • The application of accounting tools and techniques to support supply chain decision-making
  • Supply chain management and the implications for financial performance
  • Exploring the many cost trade-offs between supply chain management processes (Source v Make).

  Day 5 – Analytical Techniques for Supply Chain Management

  • Introduction to module and decision analysis
  • Fundamentals of discrete probability
  • Continuous probability distributions and their applications
  • Statistical sampling
  • Simulation modelling
  • Workshop on simulation
  • Regression models
  • Workshop on hypothesis testing and regression
  • Forecasting
  • Workshop on forecasting
  • Linear optimisation
  • Workshop on linear programming
  • Multi-criteria decision making
  • Revision and examination preparation


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Date & Location

Date : 10 March 2019

Duration : 5 days

Place : Kuala Lumpur

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Date : 15 September 2019

Duration : 5 days

Place : Tokyo

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