Short Course in Supply Chain Management
Unlock High-Demand Skills: Proven Strategies for Supply Chain and Logistics Success
What you will learn
Examining Roles in Product Management
The Connection Between Brand Managers and Merchandisers
Distinguishing Suppliers, Manufacturers, and Trading Houses
Constructing and Managing Supplier Relationships
Types of Trade and Their Role in Sourcing
Differentiating OEM and ODM
IncoTerms and Their Role in International Trade
Product Compliance and Safety Certificates
Effective Negotiation Techniques for Successful Sourcing
Exploring Techniques for Optimal Inventory Optimization
Understanding Different Types of Demand
Key Elements of Manufacturing
Production Planning and Layout
Product Life Cycle
Processes for Samples, Internal Product Identifiers, and Barcode Types
The Significance of Quality Control
Various Types of Packaging
Terminology such as ETD, GRD, CRD, and ETA in Logistics
Understanding the EORI Number in International Trade
Emphasising the Importance of Weight and Measurements
Diversity of Pallet Types and Containers
Overview of Shipping Documents
The Role of Transportation in International Trade
Insight into Freight Forwarders and Ocean Freight Charges
Understanding the Importer of Record (IOR)
Cargo Insurances, Customs Inspection, and Custom Clearance
Explaining ATA Carnet for Temporary Shipment
An Overview of the 24-Hour Rule and 10+2 Requirement
Navigating Customs Duty and Taxes
Addressing Parallel Imports
Optimizing Inventory Management
Inventory Control Methods such as EOQ, JIT, FIFO, FILO, FEFO, LSFO and ABC Analysis
Managing Depleted Inventory and Safety Stock
Strategies for Fulfillment
Last Mile Delivery Considerations
Balancing Costs for Optimal Inventory
Understanding Landed Cost
Meeting Customer Expectations
Navigating Challenges and Strategies for Effective Reverse Logistics Management
The Intersection of Supply Chain and Assets, Liabilities, and Equity
Grasping Basic Accounting Principles
Differentiating Net Income and Net Profit
Overview of Invoices, Statements, and Income Statements
Exploring Taxes and VAT
Understanding Return on Equity (ROE) and Return on Assets (ROA)
Clarifying 'Net' and 'Gross'
Navigating Debits and Credits
Understanding Weighted Average Cost (WAC) and Cost of Goods Sold (COGS)
Unpacking Profit Margins and Gross Profit (GP)
Differentiating Market Values and Book Values
Exploring Costings
Understanding the Significance of Lean and Six Sigma Methodology
Quick References for Supply Chain Management Acronyms and Terminologies
Why take this course?
Welcome to this Supply Chain Management Course!
This course is your gateway to the exciting world of supply chain management, following the precise sequence of supply chain processes. It provides a strong foundation and reveals exciting opportunities. You'll learn essential skills for success in the supply chain industry, covering procurement, logistics, inventory management, and distribution strategies. Get ready to dive into the world of supply chain operations!
Upon successful completion of this course, you will have access to various job prospects, such as:
Procurement Specialist
Inventory Specialist
Logistics Coordinator
Operations Specialist
Supplier Relationship Specialist
Warehouse Specialist
Distribution Center Specialist
In this course, we will explore the following topics of the supply chain process:
You will also be provided with a common supply chain costing template, a valuable tool used to calculate and analyze various costs associated with supply chain processes.
Module 1: Brand Management
Examining Roles in Product Management
The Connection Between Brand Managers and Merchandisers
Module 2: Sourcing and Negotiating
Distinguishing Suppliers, Manufacturers, and Trading Houses
Constructing and Managing Supplier Relationships
IncoTerms and Their Role in International Trade
Product Compliance and Safety Certificates
Effective Negotiation Techniques for Successful Sourcing
Module 3: Planning and Forecasting
Understanding Planning, Forecasting, Demand, and how they connect with KPIs
Module 4: Production and Manufacturing
Product Life Cycle
Processes for Samples, Internal Product Identifiers, and Barcode Types
The Significance of Quality Control
Various Types of Packaging
Terminology such as ETD, GRD, CRD, and ETA in Logistics
Module 5: Logistics and Transportation
Emphasizing the Importance of Weight and Measurements
Diversity of Pallet Types and Containers
Overview of Shipping Documents
Cargo Insurance, Customs Inspection, and Custom Clearance
Module 6: Inventory Management
Optimizing Inventory Management
Inventory Control Methods such as EOQ, JIT, FIFO, FILO, FEFO, LSFO and ABC Analysis
Strategies for Fulfillment
Module 7: Reverse Logistics
Navigating Challenges and Strategies for Effective Reverse Logistics Management
Module 8: Accounting Principles
Understanding Weighted Average Cost (WAC) and Landed Cost (L/C)
Unpacking Profit Margins and Gross Profit (GP)
Exploring Costings
Module 9: Lessons Learned from Supply Chain Challenges
Importance of Lean and Six Sigma: Understanding the Methodology
Module 10: Acronyms and Terminologies
Quick References for Supply Chain Management Acronyms and Terminologies
You will also receive a comprehensive ebook that dives into all the modules in more detail.
Get set for an exciting learning journey! This course is packed with real-world examples and hands-on activities, which will help you apply what you've learned and boost your critical thinking and problem-solving skills. Join us in exploring the limitless possibilities and rewarding career prospects in supply chain management!
What do you need?
There are no required skills needed for this course. This course has been designed to accommodate learners of all levels. All concepts will be thoroughly explained.
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