Training Advanced Logistics Management

Course Description

Improve service whilst reducing costs; an impossible task? With effective management and leadership, world class companies do this every day. Getting more with less is possible and this seminar shows you how. In every Supply Chain, the service levels are paralleled with costs to serve. However, changes to costs have an effect on service levels; as what is done and the way it is done, in turn determines the costs and the service.

There is a dynamic trade of relationship between the cost, service and productivity levels in the interacting supply chain operations. Doing things better therefore involves consciously managing the productivity in a holistic way across the supply chain. This seminar will therefore show how to apply a thorough understanding of the costs of supply operations and use enhanced skills to deliver effective cost management. These in turn will improve internal and external customer service levels. In addition, the skills obtained will help you to examine productivity levels and make structured productivity improvements that will reduce costs yet also, improve service.

Participants will consider cost behaviors and cost management, thus understanding financial relationships in the supply chain. These will be applied in terms of utilizing resources and monitoring the productivity of processes and methods. In turn, these will result in performance of outputs, customer service and improvements to supply operations

Course Objective

Who Should attend?

Procurement, Buyers and Purchasing Professionals
Stock, Logistics, Warehouse and Distribution Personnel
Owners and operators of companies with supply operations
All those who need an understanding of the relationships between cost, service and productivity in supply operations.

Course Outline
Understanding Costs

Fixed, variable and marginal costs
Overheads, direct/indirect, prime and marginal costs
Job, batch, contract and process costing methods
Absorption, marginal and opportunistic pricing
Depreciation of assets
Break-even analysis
Cash flow analysis
Activity based costing

Financial aspects in the Supply Chain

Total cost of ownership/Total acquisition costing/Whole life costs
Investment appraisals
Cost benefit-analysis techniques
Capital expenditure analysis (Payback, DCF, NPV)
Capital purchase options (buy or lease or rent)
Pricing options for products/services (open/closed costing)

Understanding Productivity

Utilisation of resources
Productivity of processes and methods
Performance of outputs
Method study
Work study
Time studies

Developing Internal/External Customer Service

Customer requirements
Meeting the requirements
Customer service measurements
Working with the internal customer
Trade offs between costs and service
Trade offs between productivity and service

Making Business Improvements

Positively effect key financial drivers
Increasing throughputs
Reducing inventory
Reducing costs and operating expenses
Using improvement models

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Tambahan Informasi :

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Training Advanced Logistics Management