The opportunities of business Supply Chain Management
Supply chains are no longer viewed as a backroom operation. These days, supply chains are critical boardroom issues that link directly to financial results.
Supply chain operations provide businesses with the ability to realise operational improvements across many areas of their value chain. The supply chain function affects business areas ranging from customer service, product quality, cycle time, asset utilisation, and operational flexibility, through to finance and management.
One of the challenges supply chain management teams face is the need to understand the impact change has on their organisation, and then how to safely navigate through the opportunities and dangers that change presents.
Take a course in supply chain management to learn tools and skills to better face industry developments such as emerging markets, improving sustainability and changing risks. After the right supply chain management training, you’ll be better equipped to drive changes in your supply chain smartly and effectively.
Delivery methods of supply chain management courses
Supply chain management courses come in a vast range of formats to suit you and your organisation.
After you have found a course that meets your needs, ask the course provider for more information about their course teaching methods. For instance, supply chain trainers can come to your office (in-house training), you can attend an open course with delegates from other companies or you can take an online/distance course.
Points to consider regarding your supply chain management course are:
- Where will the course be held? In-company, in the student's home, at one of the course providers’ locations, or online?
- How will the course be run?
- Can the course accommodate your specific industry?
- Will the expected finishing level of the course match your requirements?
- What qualifications does your course teacher have?
- What experience does your teacher have in your professional area?
- What opportunities for organised social interaction for continued learning are provided?
Online supply chain management courses
In-house supply chain management training
Open supply chain management courses
Supply chain planning & strategy
Supply chain planning incorporates those business processes that plan for and manage supply and demand across the entire supply chain.
Supply chain planning facilitates effective planning of the supply chain and the operational management, which together are crucial to improving a company’s overall performance. This can include planning methods to reduce inventory costs, optimise resources and customer service levels, and ultimately, optimise profit margins.
Strategy in supply chains lays the focus on identifying and quantifying areas for supply chain improvements and assisting clients in transforming their operations, all the way from suppliers to the ultimate customer, to enable real strategic change and create competitive advantage.
Managing their supply chain is increasingly challenging for many organisations, as they are finding there to be greater uncertainties of supply and demand, increasingly shorter and shorter product and technology life-cycles, and the use of third-party manufacturing, distribution and logistics partners is increasing.
Supply Chain Management training programmes can improve delegates understanding of foreign markets, through which much of the import and export activities take place in the supply chain, as well as how to measure the supply chain for the sake of management and optimisation. In addition to supply chain management training, courses in management techniques and customer service are valuable for delegates to continue their professional development.
Management development training
Customer service courses
Negotiation skills training
The logistics function
Logistics affects your company's functioning, affects its economy and affects its competitiveness. It’s a far-reaching function that’s success is vital to the organisations.
A basic logistics course will give delegates the entry level concepts, definitions, approaches and techniques of the logistics function. Logistics training at more advanced levels gives delegates the knowledge to plan and calculate various streams of work more strategically.
Logistics courses & training
Logistics and Law
The legal connection to logistics usually regarding transportation, however, inventory management may also be affected by legal requirements. The laws present in most cases usually lie with the various transportation laws (both international and national) as well as in contract law and the laws of sale.
What is unique about logistics and transportation contracts and sales, is that the duration of contracts can often be difficult to estimate or even to define. Many cases see companies having different standardized contracts for transportation and goods; for example, one of these is “Incoterms”, which are a known framework for the standard of delivery requirements related to international shipments.
Logistics and IT
The link between IT and logistics is becoming increasingly important to organisations in the context of globalisation and in developing IT communities. In a world where businesses have production, warehouse and planning dispersed around the globe, IT becomes increasingly important as both a communication and control facility.
Many companies therefore can realise enormous benefits when investing in sophisticated business systems (such as SAP or Movex) or labelling their own goods. A well-functioning business logistics system can give an overview of logistics activities within and outside the company. In turn, this facilitates the planning of production and transportation. Recently, the RFID labelling system attracted a lot of attention, as it offers the opportunity to label/mark goods and products with a small computer chip / electronic tag, which can contain a large amount of information about the product. When used effectively, the RFID chip and a well-functioning logistics system can offer a more efficient logistics chain.