100% Off Coupon - Supply Chain Management Fundamentals: Theory and Practice

What you’ll 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.

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