Supply Chain Management

The function of logistics and supply chain management is to design and manage the processes, assets, and flows of material and information required to satisfy customer’s demands. Supply logistics related costs account for 20-25% of a typical firms total cost. On the revenue side the supply chain decisions have a direct impact on the market penetration and customer service. Globalization of economy and electronic commerce has heightened the strategic importance of supply chain management and created new opportunities for using supply chain strategy and planning as a competitive tool. Electronic commerce has not only created new distribution channels for consumers but also revolutionized the industrial marketplace by facilitating inter-firm communication and by creating efficient markets through trading communities. Moreover combination of enterprise information infrastructure and the Internet has paved the way for a variety of supply chain optimization technologies.

Supply chain management demands a unique blend of forecasting, inventory management and well designed performance measurement system. The collaboration is the key, which demands transparency among various supply chain members. The information visibility, needed for this transparency is well supported by the recent technological advancements. A practicing supply chain manager must know the value of collaboration, information visibility and forecasting to design a well performing supply chain.

Objectives

This programme would assist participants:

  • To develop an understanding of key drivers of logistics and supply chain performance and their inter-relationships with strategy and other functions of the company such as marketing, manufacturing and accounting.
  • To impart analytical and problem solving skills necessary to develop solutions for a variety of logistics and supply chain management and design problems and develop an understanding for use of information technology in supply chain optimization.
  • To understand the complexity of inter-firm and intra-firm coordination in implementing programs such as e-collaboration, quick response, jointly managed inventories and strategic alliances.
  • To understand the value of managing the supply chain of a business enterprise by learning new strategic approaches and techniques in meeting all supply chain challenges of managing risk through achieving global optimization.
  • To understanding the impact of recent trends on supply chain dynamics such as globalization, industry consolidation, disruption risks (e.g. terrorist attack or avian flu pandemic), technology developments, and innovation.

Contents

  • Introduction to Supply Chain Management
  • Supply Chain Processes, Drivers
  • Logistics trade-offs and Transportation Management
  • Problems and Obstacles in Supply Chain
  • Achieving Strategic fit and Scope in SCM
  • Strategic Sourcing: Towards procurement excellence
  • Demand Forecasting: Anticipating future to manage it
  • Recent Trends and Best Practices in Supply Chain

For Whom

This programme is designed for executives in charge of creating and/or coordinating a supply chain strategy to bring their company performance to world-class standards. Executives who will take the greatest value from this MDP are:

  • Supply chain, sourcing and operations executives responsible for delivering outstanding customer service with high flexibility and minimum costs cross-company teams responsible for managing customer-supplier relations and maximizing the benefits coming from their partnerships.
  • Executives committed to excellence in developing and managing successful and world-class supply chain strategies and operations in this increasing global and competitive environment.

Venue & Duration

The programme is scheduled during December 16-18, 2024 on a residential basis at MDI Gurgaon Campus, Mehrauli Road, Sukhrali, Gurugram. Accommodation for participants would be available at MDI Gurgaon Campus from the noon of December 15, 2024, to the forenoon of December 19, 2024.

Registration & Fees

Participants should be nominated by their organizations. The enclosed nomination form should be completed and returned with all the details. The fee of the program is Rs. 42,500/- (Rupees Forty Two Thousand Five Hundred only) per participant which includes a professional fee and all charges for boarding, lodging and supply of course materials during the programme. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by Cheque/NEFT/RTGS.

Discount Policy
With a view to our long-term relationship with your esteemed organization, we are pleased to introduce the discount policy in a particular
programme. The discount will be observed in the following conditions: (discount applicable in NEPAL also)
• 10% Discount against 3-5 nominations
• 20% Discount against more than 5 nominations

Important Dates

The last date for receipt of nominations is December 04, 2024. The last date for withdrawal of nominations is December 06, 2024. Any withdrawal received after this date will be subject to deduction as per the Institute’s rules. However, substitution may be permitted.

For enquiry, please contact at [email protected] or +91-124-4560008.