Supply Chain and Operations Management Tips
About Course
Supply Chain and Operations Management Tips: The field of operations and supply chain management is one that changes quickly. Spending money and time on your professional development will pay for itself. This series enables you to quickly evaluate the most recent developments in supply chain and operations management. Daniel Stanton, a logistics specialist, addresses subjects to advance your operational and supply chain management skills. Discover more about implementing supply chain security, reducing the Bullwhip Effect, and more. Each video should leave you with the information necessary to quickly apply what you learned to your job in operations, so directly enhancing the value you provide to the client.
The primary objective of the course Supply Chain and Operations Management Tips is to equip students with the knowledge and skills required to effectively manage supply chain and operations management processes. This includes understanding the principles of supply chain management, identifying the different components of a supply chain, analyzing supply chain strategies, and applying operations management techniques to optimize resources.
The following learning objectives have been identified for the course:
- Understand the key concepts and principles of supply chain and operations management:
By the end of the course, students will be able to explain the fundamental principles and concepts that underpin effective supply chain and operations management. This includes understanding the role of inventory management, demand forecasting, logistics, and production planning.
- Identify the various components of a supply chain and explain their roles in the overall process:
Students will learn about the different components of a supply chain, including suppliers, manufacturers, distributors, and retailers. They will understand how each component plays a vital role in the supply chain process and how to manage these relationships effectively.
- Analyze and evaluate different supply chain strategies and determine the most appropriate approach for a given situation:
Students will learn about the different supply chain strategies, such as lean manufacturing, agile supply chain, and mass customization. They will develop the skills needed to analyze these strategies and determine which approach is most appropriate for a given situation.
- Apply operations management techniques to improve efficiency, reduce waste, and increase productivity:
Students will learn about operations management techniques such as Six Sigma, Total Quality Management (TQM), and Kaizen. They will develop the skills needed to apply these techniques to improve efficiency, reduce waste, and increase productivity in a supply chain setting.
- Develop and implement effective supply chain and operations management plans that optimize resources and improve business performance:
Students will learn how to develop and implement effective supply chain and operations management plans that optimize resources and improve business performance. This includes understanding the importance of effective communication, collaboration, and risk management in the supply chain process.
- Demonstrate effective communication and collaboration skills to work effectively with suppliers, customers, and other stakeholders in the supply chain:
Students will develop the skills needed to communicate effectively with suppliers, customers, and other stakeholders in the supply chain. This includes developing negotiation skills, conflict resolution skills, and the ability to work effectively in a team setting.
Overall, the course aims to provide students with a comprehensive understanding of supply chain and operations management. By the end of the course, students will be equipped with the knowledge and skills needed to manage supply chain and operations management processes effectively and efficiently, leading to improved business performance.
Course Content
Chapter 1 – Supply Chain Management
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Welcome to the course
02:32 -
Focus on supply chain management
04:00 -
Adopt strategic sourcing
03:59 -
Avoid inventory stockouts
03:13 -
Become a sustainability champion
04:10 -
Connect distribution centre processes
03:41 -
Drive continuous process improvement
04:19 -
Embrace omni-channel fulfilment
03:46 -
Analyse your supply chain risks
03:32 -
Prepare your business continuity plan
03:11 -
Strengthen supply chain cybersecurity
04:11 -
Track and trace your products
03:58 -
Improve your sales forecast
03:29 -
Use sales and operations planning (S&OP)
03:32 -
Invest in innovation
03:23 -
Lead cross-functional projects
02:55 -
Calculate payback period and NPV
03:29 -
Manage transportation decisions
03:41 -
Analyse the impact of lead times
02:44 -
Develop operations management skills
04:24 -
Tips to reduce waste in your operations
04:09 -
Calculate return on investment
03:38 -
Prevent counterfeiting
03:54 -
Manage employee turnover
03:55 -
Pick the right production strategy
03:25 -
Adopt strategic workforce planning
03:17 -
Optimise your inventory
03:33 -
Manage payment terms and cash flow
02:47 -
Learn about MRP and ERP planning systems
03:30 -
Use big data for operations management
02:54 -
Optimise your perishable inventory
03:00 -
Track your inventory turns
02:34 -
Manage change and transitions
03:00 -
Blockchain for supply chain
03:07 -
Choose meaningful metrics and KPIs
03:25 -
Build flexibility into your supply chain
02:45 -
Automate your supply chain
03:09 -
Optimise your lot sizes
03:01 -
Manage customer returns
03:19 -
Build a career in supply chain operations management
02:51 -
Ten industries for supply chain operations managers
02:49 -
Recruit top talent successfully
02:52 -
Solve problems as a team
02:15 -
Beware of the bullwhip effect
02:55 -
Make your professional development plan
02:56 -
Adopt formal purchasing ethics
03:21 -
Learn about supplier relationship management (SRM)
03:02 -
Use analytics for supply chain
03:32 -
Learn about customer relationship management (CRM)
02:50 -
Learn about warehouse management systems (WMSs)
03:09 -
Learn about transportation management systems (TMSs)
02:49 -
Chapter 1 Quiz : Supply Chain Management – 26 Qs