Supply Chain and Operations Management Tips

Last Update December 15, 2023
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About This 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:

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

 

Curriculum

51 Lessons2h 45m

Chapter 1 – Supply Chain Management

Welcome to the course00:2:32
Focus on supply chain management00:4:00
Adopt strategic sourcing00:3:59
Avoid inventory stockouts00:3:13
Become a sustainability champion00:4:10
Connect distribution centre processes00:3:41
Drive continuous process improvement00:4:19
Embrace omni-channel fulfilment00:3:46
Analyse your supply chain risks00:3:32
Prepare your business continuity plan00:3:11
Strengthen supply chain cybersecurity00:4:11
Track and trace your products00:3:58
Improve your sales forecast00:3:29
Use sales and operations planning (S&OP)00:3:32
Invest in innovation00:3:23
Lead cross-functional projects00:2:55
Calculate payback period and NPV00:3:29
Manage transportation decisions00:3:41
Analyse the impact of lead times00:2:44
Develop operations management skills00:4:24
Tips to reduce waste in your operations00:4:9
Calculate return on investment00:3:38
Prevent counterfeiting00:3:54
Manage employee turnover00:3:55
Pick the right production strategy00:3:25
Adopt strategic workforce planning00:3:17
Optimise your inventory00:3:33
Manage payment terms and cash flow00:2:47
Learn about MRP and ERP planning systems00:3:30
Use big data for operations management00:2:54
Optimise your perishable inventory00:3:00
Track your inventory turns00:2:34
Manage change and transitions00:3:00
Blockchain for supply chain00:3:7
Choose meaningful metrics and KPIs00:3:25
Build flexibility into your supply chain00:2:45
Automate your supply chain00:3:9
Optimise your lot sizes00:3:1
Manage customer returns00:3:19
Build a career in supply chain operations management00:2:51
Ten industries for supply chain operations managers00:2:49
Recruit top talent successfully00:2:52
Solve problems as a team00:2:15
Beware of the bullwhip effect00:2:55
Make your professional development plan00:2:56
Adopt formal purchasing ethics00:3:21
Learn about supplier relationship management (SRM)00:3:2
Use analytics for supply chain00:3:32
Learn about customer relationship management (CRM)00:2:50
Learn about warehouse management systems (WMSs)00:3:9
Learn about transportation management systems (TMSs)00:2:49
Chapter 1 Quiz : Supply Chain Management – 26 Qs

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