Advanced Techniques in Logistics and Material Management

Introduction:

The Advanced Techniques in Logistics and Material Management course explores the critical role of Logistics and Supply Chain Management in enhancing organizational effectiveness. It focuses on Supplier Management, Transportation Models, and Inventory Models, emphasizing efficiency and optimization challenges.

This practical and participatory course aims to equip learners with advanced skills in managing international shipping systems and inventory. By incorporating global best practices, the training ensures that delegates can apply their knowledge to improve performance upon returning to work.

Objectives:

By the end of this Advanced Techniques in Logistics and Material Management course, learners will be able to:

• Assess and evaluate the impact of logistics and materials management on both internal and external organizational activities.
• Apply international logistics and forwarding concepts and procedures, including the preparation of necessary documents.
• Recognize the significance of effective resource planning.
• Develop optimized operational processes and financial management plans, including cash flow and cost reduction.
• Implement strategic policies for effective inventory management.
• Structure processes to enhance productivity and organizational benefit.

Training Methodology:

• Case Studies
• Workshops
• Role-Playing
• Group Discussions
• Simulations

Course Outline:

Unit 1: The Role of Logistics and Supply Chain Management in Today’s Business

• Assess the contribution of logistics in modern business systems.
• Review the history of Supply Chain Management and its importance.
• Understand the Supply Chain Operations Reference (SCOR) Model.
• Identify internal and external supply chain risks, including PESTLE and inventory risks.

Unit 2: Integrating Strategies, Cost, and Productivity Enhancement in the Procurement Function

• Conduct spend analysis and understand Total Cost of Ownership.
• Perform supplier portfolio and classification analysis using Kraljic’s Matrix and Porter’s 5 Forces.
• Develop strategic purchasing plans and manage order-cycle and lead-time effects.
• Plan and organize effective negotiations.

Unit 3: Strategic Supply in the Materials Management Process

• Plan and organize stock decision-making procedures.
• Examine safety stock levels, order point systems, and Min/Max systems.
• Analyze material forecasts and create efficient bills of materials.

Unit 4: Efficient Planning and Control of Inventory

• Set comprehensive inventory targets and objectives.
• Apply rationalization strategies and Economic Order Quantity Theory.
• Focus on cost competitiveness using the Pareto Rule.
• Refine material description and coding, and establish high-standard material control procedures.

Unit 5: Tactical and Operational Approaches in Transportation Economics

• Utilize transportation as a strategic tool in logistics.
• Make informed transportation management decisions.
• Review different modes and intermodal systems, and understand international commercial terms and hazardous material transportation.

Conclusion:

This advanced course delves into logistics and materials management, focusing on the interplay between these fields. It covers both theoretical and practical aspects, preparing participants for roles from materials management technicians to logistics managers. The course aims to enhance logistical practices and position professionals for further development in logistics and materials management.