Logistics and Supply Chain Training (12 Courses, 4+ Projects)

Objectives

The course is designed for students as well as business associates who work in the logistics arena as well as for all those persons who are interested to develop understanding about logistics management. The purpose of the training is to provide information about the various types of distribution systems that prevail, cost related to logistics functions, techniques for cost reduction and management, and to enable the uses to decide as to when to buy and what to make and so on.

Course Highlights

The course is curated in a way to help the learners gain an understanding of the functioning of logistics operations in any organization and the reduction of costs incurred concerning logistics in the organization.

• An understanding will be developed about the basics of logistics and supply chain management. We will see how the supply chain works in the 21^st century and various concepts concerning different logistics functions, their operation, design and administration will be discussed.
• Training will be provided about logistics basics, its design, performance measurement, logistics management, product buying and related concerns. The aim is to provide facts about various distribution systems, annexed costs and cost reduction strategies.
• Learners will get a chance to understand about inventory management, optimum inventory levels, calculation of economic order quantity, ABC analysis, optimum procurement process and pricing criteria for store receipts.
• The course will also enlighten the learners about inventory control, issues involved thereto, Pareto analysis and its actual application, slow-moving and fast-moving items, inventory procurement procedure and economic reorder level and EOQ.
• The introductory session will be conducted on supply chain management (SCM), nexus between logistics and SCM, forecasting and planning, inventory management, transportation and inbounds concerning SCM.
• Another important segment in the training will provide information about retail supply chain, implementation of category management, merchandise budgeting, assortment and management of space, challenges faced in retail pricing, retail product lifecycle management, retail distribution and logistics, retail supplier relationship management, management of supply chains of various retail formats such as footwear and information technology.
• The retail supply chain working in India as a whole will also be discussed in detail.
• Learners will develop an understanding of operational research, application and methodology for assignment problems as well as a transportation problem, project network analysis, decision theory and queuing theory.
• A session will be covered for discussion about production management, various types of production systems, locational planning, models for inventory control, production management and scheduling, breakdown and network analysis and quality control aspects.
• Information will be provided about customer service, how it evolved, the customer follows up, exceeding customer service, how to help and further how to bring innovations in customer service.
• The next step in the course will be to gain learning about retail management, strategic retail management, situational ethos analysis, customer targeting and acquisition, selection of store location, retail business handling, merchandise management and pricing, customer communication and retail strategies.

Project Highlights

• The first project will highlight a case study relating to upcoming e-commerce named “Megalith”. The case study intends to provide you a better understanding of logistics and supply chain management and its practical application.
• The next project relates to a case study about a Chinese e-commerce player. You will be able to acquaint yourselves about global supply chains, network design, and planning analysis.
• A project is specially curated to understand market research with the help of a case study about luxury vehicle brand market segmentation research exercises in China. The objective of the underlying project is to provide an understanding of market research in a practical atmosphere.
• The next project relates to retail management and deals with a case study about intellectual capital management set-up for a retail community across Asia. The study deals with a multi-product retail conglomerate.

Thus, after the completion of the course, learners will develop an understanding of various logistics operations that are relevant to an organization and how costs related to logistics may be minimized in the said organization.