Supply Chain Optimization for Manufacturing Professionals

Objectives:

• Understand key concepts and principles of supply chain optimization.
• Learn techniques to enhance supply chain efficiency in manufacturing.
• Explore the role of technology in optimizing supply chain processes.
• Develop strategies to manage risks and improve supply chain performance.

Introduction to Supply Chain Optimization

• Definition and importance of supply chain optimization
• Key components of a supply chain in manufacturing
• The role of logistics, inventory management, and procurement
• Benefits of optimizing the supply chain in manufacturing

Techniques for Supply Chain Efficiency

• Lean manufacturing principles and their impact on the supply chain
• Just-in-time (JIT) and its role in reducing waste
• Inventory management strategies: Economic Order Quantity (EOQ), ABC analysis
• Demand forecasting and its influence on supply chain optimization

Leveraging Technology for Supply Chain Optimization

• Role of Enterprise Resource Planning (ERP) systems in supply chain management
• Use of data analytics and AI in forecasting and decision-making
• Internet of Things (IoT) applications in monitoring and tracking supply chain processes
• Blockchain technology in enhancing transparency and traceability

Risk Management and Performance Improvement in the Supply Chain

• Identifying and mitigating risks in the supply chain
• Developing contingency plans for supply chain disruptions
• Key Performance Indicators (KPIs) for measuring supply chain efficiency
• Continuous improvement strategies for optimizing supply chain performance

DATE:

1ST BATCH: 11th – 14th Mar,                                       2025    

2ND BATCH: 15th – 18th July,                                      2025

3RD BATCH: 18th – 21th Nov,                                      2025