Logistics and Supply Chains - FundamentalsDesignOperations

Course Overview

This course provides an overview of the fundamentals of logistics and supply chain management. Participants will gain an understanding of the role played by the logistics and supply chain function, and how to develop, plan, and implement strategies that address capacity, external integration, and international trade and operations. The course will also cover topics such as facilities location decisions, tactical methodologies, purchasing and procurement, transportation functions, warehouse activities, inventory costs, and supply chain performance and operations. Participants will also learn about lean tools and techniques, returns management, and social, economic, and environmental responsibility. By the end of the course, participants will have a thorough understanding of the fundamentals of logistics and supply chain management and be able to apply best practices to improve their business processes.

[Applications]
Upon completion of this course, participants will be able to apply the knowledge and skills acquired to develop, plan, and implement logistics and supply chain strategies that address capacity, external integration, and international trade and operations. They will be able to use tactical methodologies like MRP and JIT for capacity planning and supply chain control, choose suppliers, integrate e-procurement, cost modes of transport, and resolve complications in transportation operations. Participants will also be able to manage, calculate, and control inventory costs, economical order quantities, lead times, periodic review systems, and safety and target stock levels. Additionally, they will be able to measure and analyse supply chain performance and operations in order to improve logistics, minimize disruptions, reduce risk, and increase market resiliency. Finally, participants will be able to apply lean tools and techniques to improve business process, achieve customer delight, and realise operational excellence.

[Career Paths]
A career path in logistics and supply chain management is a great choice for those looking to make a difference in the business world. Logistics and supply chain professionals are responsible for the efficient and effective movement of goods and services from the point of origin to the point of consumption. This includes managing the flow of materials, information, and finances throughout the entire supply chain.

The job position of a Logistics and Supply Chain Manager is a great choice for those looking to pursue a career in this field. This position involves overseeing the entire supply chain process, from procurement to delivery. The Logistics and Supply Chain Manager is responsible for ensuring that the supply chain is efficient and cost-effective, while also ensuring that customer service and satisfaction are maintained.

The development trend for this job position is to become more specialized and knowledgeable in the field. Logistics and Supply Chain Managers are expected to have a deep understanding of the supply chain process, as well as the ability to analyze data and make informed decisions. Additionally, they must be able to effectively communicate with stakeholders and manage teams. As technology continues to evolve, Logistics and Supply Chain Managers must stay up to date on the latest trends and technologies in order to remain competitive.

[Education Paths]
A degree in Logistics and Supply Chains - FundamentalsDesignOperations is a great way to gain a comprehensive understanding of the role of logistics and supply chain functions in business operations. This degree program will provide students with the knowledge and skills to develop, plan, and implement logistics and supply chain strategies, as well as to improve purchasing, procurement, and transportation functions. Students will also learn how to choose suppliers, integrate e-procurement, cost modes of transport, and resolve complications in transportation operations. Additionally, students will gain an understanding of warehouse activities, equipment, and layout and operations, and how to manage, calculate, and control inventory costs, economical order quantities, lead times, periodic review systems, and safety and target stock levels.

The development trend of this degree program is to focus on the use of technology and data analytics to improve the efficiency of logistics and supply chain operations. Students will learn how to use data-driven decision-making to optimize supply chain performance and operations, as well as how to use artificial intelligence and machine learning to automate processes and improve customer service. Additionally, students will gain an understanding of the importance of sustainability and social responsibility in the logistics and supply chain industry, and how to use lean tools and techniques to achieve operational excellence.