Objectives:
• Explore advanced concepts and techniques in logistics and transportation within stock administration.
• Understand the role of transportation in supply chain management and its impact on stock administration.
• Learn advanced strategies for optimizing inventory control, warehousing, and distribution processes.
• Develop skills to effectively manage and coordinate transportation networks to enhance stock administration efficiency.
• Gain insights into emerging trends and technologies shaping the future of logistics and transportation in stock administration.
• Apply advanced analytical tools and methodologies to improve decision-making in stock administration and logistics.
Course Content:
Overview of Advanced Logistics in Stock Administration
• Introduction to advanced logistics concepts
• Role of transportation in stock administration
• Integration of logistics and stock administration processes
• Importance of advanced logistics strategies in enhancing supply chain performance
Transportation Management Systems (TMS)
• Understanding transportation management systems (TMS)
• Features and functionalities of TMS software
• Implementation and integration of TMS with stock administration systems
• Benefits of TMS in optimizing transportation efficiency and reducing costs
Advanced Inventory Control Techniques
• Inventory optimization strategies
• Multi-echelon inventory management
• Just-In-Time (JIT) inventory replenishment
• Vendor-managed inventory (VMI) and consignment inventory models
Warehousing and Distribution Optimization
• Warehouse layout and design principles
• Advanced warehouse management systems (WMS)
• Cross-docking and transshipment techniques
• Distribution network optimization and route planning
Freight Transportation and Mode Selection
• Modes of transportation (road, rail, air, sea)
• Factors influencing mode selection decisions
• Intermodal transportation and containerization
• Last-mile delivery optimization
Freight Rate Management and Negotiation
• Understanding freight rates and pricing structures
• Freight rate negotiation techniques
• Contract management and carrier relationship management
• Cost-saving strategies in freight transportation
Supply Chain Visibility and Track-and-Trace Technologies
• Importance of supply chain visibility in stock administration
• Track-and-trace technologies (RFID, GPS, IoT)
• Real-time monitoring and visibility tools
• Case studies on improving supply chain visibility
Risk Management in Transportation and Logistics
• Identifying and mitigating transportation and logistics risks
• Contingency planning and resilience strategies
• Regulatory compliance and security considerations
• Crisis management and disaster recovery in transportation
Sustainable Logistics and Green Transportation
• Environmental impacts of transportation and logistics
• Sustainable transportation practices
• Green logistics initiatives and eco-friendly supply chain strategies
• Carbon footprint reduction in transportation operations
Emerging Trends and Future Outlook
• Emerging technologies in logistics and transportation
• Predictive analytics and artificial intelligence (AI) in stock administration
• Future trends and developments shaping the logistics and transportation landscape
• Opportunities and challenges in adopting advanced logistics techniques for stock administration
FOR WHOM:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 25th – 28th Feb, 2025
2ND BATCH: 12th – 15th Aug, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos