Logistics and Supply Chain Training (11 Courses, 4+ Projects)

Objectives

The course is designed for students as well as business associates who work in 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 take decision as to when to buy and what to make and so on.

Course Highlights

The course is curated in a way so as to help the learners gain understanding about the functioning of logistics operations in any organization and reduction of costs incurred with respect to logistics in the organization.

• An understanding will be developed about the basics of logistics and supply chain management. We will see how supply chain works in the 21^st century and various concepts with respect to 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. 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.
• 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.
• Introductory session will be conducted on supply chain management (SCM), nexus between logistics and SCM, forecasting and planning, inventory management, transportation and inbounds with respect to 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.
• Retail supply chain working in India as a whole will also be discussed in detail.
• Learners will develop understanding about operational research, application and methodology for assignment problem as well as 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 over time, customer follow up, exceeding customer service, how to help and further how to bring innovations in customer service.
• 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 an upcoming e-commerce named “Megalith”. The intention of the case study is to provide you better understanding about 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. Objective of the underlying project is to provide understanding about market research in practical atmosphere.
• 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 multi-product retail conglomerate.

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