Principles of Supply Chain Management (PROP7105)


Principles of Supply Chain Management


This course is a study and implementation of strategies to manage the daily supply chain management for the purpose of controlling and assessing risk and reducing vulnerability. Supply Chain Management (SCM) and global trade impact operational, tactical, and strategic initiatives in supply and demand. Topics include SCM History, sustainability, Hazardous materials, warehousing/distribution concepts, national and global transport, cargo security, national policy and regulations in transportation, technology, risk management concepts, strategies, planning and compliance, case studies, and the future of SCM.

Who Should Attend?

Employees concerned with the process of the proper handling of resources and services coming to and from a facility; property custodians, personnel at the user level, managers of personal property and facilities, collateral property managers or property custodial officers.






1.2 CEUs

Class Type:

This course is currently being offered in the following training modalities:

Learning Outcomes:

  • Explain key concepts of supply chain management, including core components, processes, and the flow of goods and services.
  • Analyze risks that can potentially impact daily operations within a supply chain.
  • Assess strategies for mitigating and managing risks in a supply chain context.
  • Apply supply chain management principles to develop risk mitigation plans.

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Course Outline

Day 1

  • Planning:
    • Demand Planning: Forecasting and estimating the demand for products to ensure adequate inventory levels.
    • Supply Planning: Determining the optimal production and distribution strategies to meet demand.
  • Sourcing:
    • Identifying and selecting suppliers based on factors such as cost, quality, reliability, and sustainability.
    • Establishing strong relationships with suppliers to ensure a stable and efficient supply of raw materials.
  • Production:
    • Managing the manufacturing process efficiently to meet demand while minimizing costs.
    • Implementing technologies like Lean and Six Sigma to enhance production efficiency and reduce waste.
  • Inventory Management:
    • Balancing the need for sufficient stock levels to meet demand against the cost of carrying excess inventory.
    • Utilizing advanced inventory management systems to track and manage inventory levels in real-time.
  • Transportation and Logistics:
    • Selecting the most cost-effective and reliable transportation methods for moving goods from manufacturers to distributors and retailers.
    • Optimizing logistics networks to minimize lead times and reduce transportation costs.

Day 2

  • Distribution:
    • Efficiently managing the movement of goods from the manufacturer to various distribution points.
    • Utilizing distribution centers strategically to minimize shipping costs and delivery times.
  • Technology and Information Systems:
    • Implementing advanced technologies such as RFID, IoT, and blockchain for real-time tracking and visibility.
    • Utilizing robust information systems for accurate data collection, analysis, and decision-making.
  • Risk Management:
    • Identifying and mitigating potential risks in the supply chain, such as disruptions in the flow of goods, geopolitical issues, or natural disasters.
    • Developing contingency plans to address unforeseen challenges and maintain business continuity.
  • Collaboration and Communication:
    • Fostering collaboration and open communication among all stakeholders in the supply chain, including suppliers, manufacturers, distributors, and retailers.
    • Utilizing collaborative platforms to share information and coordinate activities seamlessly.
  • Performance Measurement and Improvement:
    • Establishing key performance indicators (KPIs) to measure the effectiveness of the supply chain.
    • Continuously analyzing performance data and implementing improvements to enhance overall efficiency and effectiveness.

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