Advanced Logistics and Material Management Training

Advanced Logistics and Material Management Training

About the Program

In an era where efficient and strategic management of logistics operations is paramount, Advanced logistics and transport management program offers sophisticated and strategic approach to overseeing the movement and flow of goods, materials, and information within a supply chain. This field goes beyond basic logistics principles, incorporating advanced technologies, data analytics, and optimization strategies to enhance efficiency, reduce costs, and improve overall supply chain performance.

The training program covers the intricacies of strategic supply chain optimization, a critical aspect in today’s globalized business environment. Participants will gain insights into designing and implementing effective supply chain strategies that ensure timely and cost-effective movement of goods. From procurement to distribution, the course covers best practices for enhancing supply chain efficiency, minimizing lead times, and mitigating potential risks.

Program Objectives

• Appreciate the importance of effective resources planning
• Learn how to effectively manage inventory utilizing selective inventory strategic policies
• Appreciate the implication of the impacts of logistics & materials management and purchasing functions both internally and external to the organization
• Apply the concepts of international logistics / freight procedures & documentation
• Develop specific action plans to further develop their role and organizational benefit
• Develop optimized work processes and financial areas such as cashflow, cost reduction and management

Target Audience

• Purchasing, Warehouse and Inventory Personnel
• Senior Professionals in Logistics Functions
• Financial and Materials Management Teams

Training Period

• Classroom: 5 Days
• Online: 7 Days

Modules

Module 1: The Role of Logistics and Supply Chain Management in Modern Businesses

• Evaluate Logistics Role in the current Business Process
• The Evolution of Supply Chain Management and Supply Chain Dynamics
• The Application of a Supply Chain Approach
• How to use and Apply the Supply Chain Operations Reference Model (SCOR)
• Identifying Supply Chain Instabilities and Risks
• Internal Supply Chain Risks
• PESTLE Risks
• Inventory Risks
• Disruption Risks
• Security Risks
• Procurement Risks

Module 2: Linking Strategies and Improvement in Cost and Productivity in Procurement

• Developing Spend Analysis for establishing Purchase Prices Index
• Examine the Total Cost of Ownership
• Analyze Supplier Portfolio and Classification utilizing and applying Kraljic’s Matric and Porter’s 5 Forces
• Formulate, Plan and Organize Strategic Purchasing Plans
• Illustrate the Effective Order-cycle and Lead-time Effect on Purchasing
• Plan and Organize for Negotiations

Module 3: Strategic Supply in Materials Management

• Formulate, Plan and Organize Formal Procedures for making Stock Decisions
• Explain, Discuss and Review Safety Stock Levels and Order Points
• Apply and Improve Min / Max Systems and Settings
• Using Material Forecasts
• Cataloging Materials for Effective Buying Process
• Developing Bills of Material for Effective Parts Management

Module 4: Effective Inventory Planning and Control

• Setting Comprehensive Inventory Goals and Objective
• Effecting a Rationalization Strategy
• Calculating and Evaluating carrying Costs and Economic Order Quantity Theory
• Establishing a Strategic Focus with Pareto Analysis on Cost
• Improving Material Identification and Coding
• Creating Best Practices in the Physical Control of Materials
• Measuring Record Accuracy and Improving Cycle Counting Systems

Module 5: Tactical and Operational Approaches in Transportation Economics

• Apply the Role of Transportation in Logistics to the Organization
• Identify and Recognize Transportation Management Strategic Key Decisions
• Explain, Discuss and Review the Types of Mode and Intermodal Systems
• Show and Illustrate the International Commercial Terms in Transportation and the Liabilities
• Identify and Review Hazardous Materials Transportation

Delivery Method

This program is taught through a mix of practical activities, theory, group work and case studies. Training manuals and additional reference materials are provided to the participants.

CERTIFICATION

Upon successful completion of the training, participants will be awarded a certificate of course completion