Course Introduction :
Logistics Management is an essential and integral component of supply chain management that strategizes, plans, implements, and controls the efficient, effective forward and reverse flow, storage of goods, facilities, and associated activities between the country of origin to the country of destination in order to meet customer requirements.
Logistics Management represents activities that involve the flow of materials and products through the organizations supply chain to the market. It supports specifically, business logistics to manage efficient, effective flow and storage of goods, services, and related information in a supply chain.
The key element of logistics includes logistics planning and strategy, customer service, procurement, transport, inventory, warehousing, and handling. This course would help in addressing challenges about logistics planning, selection of transport modes, vehicle routing, inventory policies, purchasing quantity and timing, and storage selection
Course Objectives
The main objective of this ‘Logistics Management and Operations Course’ is to empower participants with:
- Knowledge and understanding of logistics principles
- It will provide an overview of the key activities performed by the logistics function including distribution, transportation, global logistics and inventory control
- Know that logistics is more than an operational function that passively executes a plan, but as a planned and strategic function that creates value and competitive advantage
- Support in expanding and using data analysis skills by analysing and using supply chain data to make better business decisions
- Identify current challenges faced by supply chain professionals and provide a basis for navigating through these challenges
- Relate to the concepts and best practices of Logistics and Operations Management
- Understand requirements for Transportation and International Logistics
- Develop best practices and standards to achieve improved business performance by integrating and optimizing the total logistics and supply-chain process
Course Outline
The course covers the following topics for understanding Logistics Management and Operations:
Module 1: Introduction to SCM and Logistics
- Understanding supply chain and logistics principles
- Supply chain concept and evolution
- Supply Chain and Logistics Definition
- Integration of Supply chain/ logistics
- Supply Chain and logistics – Linkage
- Supply Chain and Logistics – Decisions
- Best practices and lessons learned in Supply Chain and Logistics
Module 2: Transportation and Distribution
- Distribution – channels and logistics
- Distribution centres and site selection
- Understanding Transportation infrastructure
- Cargo movement – sea, air, and roadways
- Freight operations and management
- Cost Factors influencing freight
- Third-party logistics
Module 3: Logistics Documentation and EXIM Procedures
- International sourcing and trade drivers
- Documentation – Importance in logistics
- Overview on Incoterms
- HS Code and its Strategic importance
- Different types of transportation documents used in air, road, and sea transports
- Understanding Letter of credit
Module 4: Role of Logistics in Supply Chain
- Functions and goals of logistics
- Logistics and its impact on business processes
- Reverse logistics
- Value and Demand chain
- Value creation and services through the supply chain
- Logistics and Supply Chain – Strategic importance in improving the profitability of businesses
Module 5: Operations Management
- Operational Strategy & Design
- Operational Planning and Control
- Lean Management
- Continuous process and quality management process
- Operational Assessment
Module 6: Transport Management
- Transport Management Objectives
- Modes and Types of Transportation
- Cost simulation associated with transport management
- Effective and Efficient transportation
- Transportation – Routes
Module 7: Logistics Trends and Practices
- Logistics Overview
- Tactical, strategic and operational elements of logistics
- Effective Management of port personnel based on skills and competency
- Sustainable Logistics
- Logistics Concept – 3rd Party Logistics/4th Party Logistics
Module 8: Performance Management in Logistics
- SCOR Framework
- Identifying and customising high level and low-level SCOR metrics
- Setting targets and initiating performance improvement
- Risk Management
Module 9: Warehousing Operations
- Warehouse Network designing and configuration
- Value-added services
- Sustainable Warehouse Best Practices
- Profiling Warehouse Activities