Advanced Certificate in Logistics and Supply Chain Management
This course examines the role of logistics in the supply chain within a focal firm as well as between organisations linked within a given supply network. Topics cover issues such as introduction to the basic terms of logistics, distribution and transportation alternatives, the connection between logistics and marketing, the estimation of value and costs in logistics, sourcing and supply management, supply chain planning and control strategies and logistics future challenges and opportunities. The course also surveys operations research models and techniques developed for a variety of problems arising in logistical planning of production systems. Students will get a clear idea of the expanding role of logistics in business today. They will also be familiar with the principles and processes of logistics as a strategic choice in supply chain management.
The course further examines logistics systems that support the physical supply of raw and semi-finished and finished materials to a firm, the planning and control of operations, and the delivery of the products or services up to the final customers, with the objective of achieving a sustainable competitive advantage and optimizing the value and the long-term performance of the firm and the supply chain as a whole.
The focus will be on the design, planning, organization and control of the associated activities. The following topics will be covered: supply chain structure, objectives and evaluation drivers and metrics, network design and facility location in a supply chain, demand and sales forecasting, aggregate planning, planning and managing inventory in a supply chain, transportation operations, sourcing and procurement, pricing, and information technologies in supply chain management.
After completion of the course, students will be able to:
1. Define a supply chain (SC), and understand its different structures and its importance to the success of a firm.
2. Understand the concept of strategic fit between the SC strategy and the competitive strategy of the firm and how to achieve it.
3. Identify the main drivers of SC performance and measure them using precise metrics.
4. Assess the importance of distribution networks and the different options available for their design.
5. Develop a methodological framework for network design and facility location and use optimization models and techniques for facility location and capacity allocation.
6. Use decision trees to evaluate supply chain decisions under uncertainty.
7. Use time-series methodologies to forecast demand in a supply chain.
8. Understand situations in which aggregate planning is appropriate and the role it plays in the supply chain.
9. Formulate aggregate planning problems as linear programs and solve them using MS Excel.
10. Understand the concept of cycle inventory and develop the Economic Quantity Order (EOQ) model and some of its variants.
11. Use safety inventory to deal with demand uncertainty in the supply chain.
12. Understand the importance of transportation in the SC, and identify the different modes of transportation and the role played by infrastructure and policies.
13. Discuss sourcing decisions in the supply chain and the increasing importance of auctions and negotiations.
14. Understand pricing and revenue management and their role in the SC.
15. Assess the importance of the role played by information technology in a supply chain, and identify major IT applications
Registration and Contact Details
|Date:||September 28 - 30, 2020|
|Registration fee:||N10,000 (non-refundable)|
|Tuition fee:||N200,000 (Two Hundred Thousand Naira Only)|
|For Further Enquiries, Contact: firstname.lastname@example.org, 08090890909, 08085369898, 08085369976, 08086815957|
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