Materials and Supply Chain Management

Course Overview

This course prepares the professional to manage and coordinate in supply chain operations, faced with continuing challenges involving inventory control, purchasing, , storage planning, transportation. This training covers the understanding task, function, step in material and supply chain management, how to categorize stock items, forecasting approach, and best practice in warehouse and transportation

The participant will be able to :

·       Describe any role and task related to the material management

·       Describe the perspective and practices of the supply chain management

·       Categorize stock items based on the ABC classification model

·       Develop the plan and forecast to calculate future demand for different stock items

·       Identify best practices in warehouses to maintain accurate inventory records and transportation cost

Duration

 5 days

Who Should Attend

·       General Managers

·       Operation Managers

·       Finance Managers

·       Maintenance

·       Human Resource Managers

·       Supply Chain Managers

·       Engineer

·       Professional needs to improve the operational and productivity 

Course Outline

Day 1 - Materials Management Overview

·       The Scope of Material Management

·       The Function of Materials Management

·       The Component of Material Management

·       The Problems in Materials Management

·       Computerized Materials Management Applications

Day 2 - Supply Chain Management Overview

·       The Function of Supply Chain Management

·       The Key Components of Supply Chain Management

·       The Benefits of Supply Chain Management

·       The Challenges of Supply Chain Management

·       Why  Customer Service  Important in Materials and Supply Chain?

Day 3 - Planning and forecasting

·       Inventory System

·       The ABC Classification and Application

·       Inventory Cost

·       Forecasting

o   Qualitative

o   Quantitative

o   Evaluation

Day 4 - Controlling and Purchasing

·       The Importance of Controlling Lead Time

·       The Maximum and Minimum System

·       Setting the Reorder Points

·       Setting Safety Stocks

·       Purchasing Process

·       Factors to Consider When Selecting Suppliers

·       Suppliers Evaluation

Day 5 - Warehouse and Transportation

·       Warehousing Objectives

·       Inventory Record Accuracy Requirements

·       Methods of Transport

·       Transport Expenses

·       Cost Reduction Opportunities