Logistics and Transportation Management Strategies

Introduction:

Effective control of material flow in an organization’s supply chain is crucial. The Logistics and Transportation Management Strategies course is designed to keep participants up-to-date with current logistics models and practices. The course emphasizes optimizing transportation, warehousing, and inventory levels and integrates core principles from transport logistics, transport and logistics management, and transportation management.

Objectives:

By the end of this course, participants will be able to:

• Implement modern purchasing management techniques.
• Enhance negotiation skills.
• Manage inventories more effectively.
• Improve supervision of warehouse and transportation operations.
• Evaluate effective purchasing practices.
• Identify new trends in supplier management.
• Understand the nature of negotiation and learn negotiation methods.
• Develop strategies for better inventory management.
• Explore inventory reduction methods.
• Apply new approaches and technologies in warehousing.
• Analyze transportation management activities.

Training Methodology:

• Case Studies
• Role Play
• Simulation Exercises
• Interactive Workshops
• Group Discussions
• Scenario Analysis
• Expert Panel
• Best Practice Review

Course Outline:

Unit 1: Managing The Purchasing Function

• The 10 steps of purchasing.
• Skills development for buyers.
• Basic objectives of chain management.
• Supplier location and selection.
• Financing agreements and purchase requests.
• Supplier management.
• Verification procedures.
• Measures against acts of omission.

Unit 2: Skills In Negotiation

• Key pillars of effective negotiations.
• Approaches to negotiation issues.
• The role of ethics in negotiation.
• Building confidence in negotiation.
• Setting negotiation objectives.
• Effective negotiation strategies.
• Negotiation tactics.
• Transitioning from adversarial to collaborative negotiation.

Unit 3: Inventory Management

• Automation in inventory management.
• Basics of inventory management.
• Vendor-managed inventory.
• Consignment inventory.
• Borrowing materials stock.
• Generic efficiency improvements.
• ABC classification method.
• Measuring inventory control effectiveness.

Unit 4: Operation of a Warehouse

• Warehouse operations.
• Designing warehouse systems.
• Physical organization of warehouses.
• Inventory checks and cycle counting.
• Bar code control systems.
• RFID systems.
• Increasing warehouse efficiency.
• Factors affecting warehouse performance.

Unit 5: Managing Transportation Operations

• Correct use of Incoterms.
• Criteria for selecting air carriers.
• Criteria for selecting ocean carriers.
• Investment decisions in transportation.
• Managing truck deliveries.
• Expedited transport through tracking.
• Effective consolidation strategies.
• Evaluating transport performance.