• Start Date
    Jun 22, 2022
  • Duration
    3 Days
  • Applications Closed
  • Fees
    37,500/-
  • Download
    Brochure

Supply Chain Analytics for Resilient Operations

After globalisation, Indian organisations are striving very hard to sustain their competitiveness in the digital era. Post-Covid-19, supply chains are also facing a lot of disruptions. Supply chains should become resilient by digitising their processes to overcome these disruptions. For digitisation of processes, organisations are implementing emerging technologies such as Big Data Analytics, Artificial Intelligence, Blockchain Technologies, the Internet of Things, etc. In this digitisation process, organisations are facing many organisational and operational challenges. 

In the present context of a globalised market, the product life cycle has shortened due to the dynamic requirement of markets in terms of taste, durability, quality, flexibility, low price, etc. In the past, most organisations have tried to improve their individual operations for improving their individual performance by initiatives such as advanced manufacturing technologies applications, Just in time approach, lean manufacturing, quality management, etc. It has been observed that performance improvement in a particular organisation of a value chain has saturated; therefore, it is urgently required to improve performance in terms of the complete value chain. 

The performance of the whole value chain can be improved only after successful integration and coordination among different members of the value chain by using emerging technologies. Nowadays, competition between individual organisations has been replaced by competition among supply chains. The digitisation of supply chains also plays a critical role in improving supply chains resilience. In a global economy, to improve the competitiveness ranking of any country, minimisation of waste in processes and efficient production systems are essential. It has been observed specifically in context of India that leakages in public distribution systems, waste in food sector, losses in transportation sector, lack of IT-enabled systems, lack of world class product quality, processes inefficiencies, escalation of input resources cost, product rejections at buyer end, huge inventory stock, and lack of process digitisation are major areas of concern. 

To tackle such challenges, each individual needs to be trained about applying emerging technologies and decision-making tools in supply chains. Therefore, knowledge and application of different decision-making tools such as multi-criteria decision-making tools, linear programming, decision tree, descriptive and predictive analytics is very important. For effective supply chain management in the digital age, accurate decision-making based on available data also plays an important role.
 

Objectives

This programme would assist participants in

  • Developing understanding of key challenges in managing global supply chains and logistics across different sectors in the digital era
  • Developing appropriate strategies for implementing emerging technologies such as AI, Blockchain, Big Data Analytics, Cloud computing, Internet of Things in supply chains and logistics for resilient and sustainable operations
  • Building descriptive, predictive and prescriptive analytics in supply chain
  • Understanding the application of multicriteria decision making(MCDM) tools, LINDO, SPSS and EXCEL for supply chain optimisation

Contents

  • Introduction of supply chain management and Industry 4.0 revolution
  • Application of Industry 4.0 technologies in supply chains
  • Supply chain strategies for process digitisation 
  • Inventory management and risk pooling
  • Supply chain risks in the digital age
  • Logistic and network optimization
  • Suppliers’ selection and distribution strategies
  • Procurement and outsourcing strategies
  • Challenges for supply chains in the digital age
  • Coordination issues in supply chains
  • Supply contracts and dynamic pricing
  • Frameworks for sustainable supply chains in Circular Economy
  • Use of MCDM, LINDO, EXCEL, SPSS for optimisation of supply chains

Who can participate

This programme will be useful for executives and professionals involved in managing supply chain and logistic operations in their respective organisations across different sectors. It will be helpful for participants in making supply chains more efficient and responsive to dynamic market requirements.

Registration and Fees

Participants should be nominated by their organisations. The enclosed nomination form should be completed and returned with all the details. The fee of the programme is Rs. 37,500/- (rupees thirty-seven thousand five hundred only) per participant which includes a professional fee and all charges for lodging and boarding and supply of course materials. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by cheque/NEFT/RTGS.