3-day Training Hands-On Supply Chain Management

14/03/2023 09:00 - 28/03/2023 17:00 Odisee Campus Brussels

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In this course we deal with the supply chain fundamentals that are required to effectively manage a supply chain.

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When ?

2023, March 14, 21 and 28
Venue: Odisee, Campus Brussel, Stormstraat 2

What ?

3-day training course from 9 till 17h
Language: English, unless all participants speak Dutch
Bring your laptop!

Goals

Gain insights into the effective management of your supply chain
Prepare for the APICS CSCP and CPIM courses/ certification program
Hands-on Supply Chain Management Certificate
Expand your network and meet other supply chain professionals

Pricing

PICS–members/ Value Chain subscribers: 1 260 € + 21% VAT
Non members: 1 145 € + 21% VAT

REGISTER NOW for HANDS-ON SUPPLY CHAIN MANAGEMENT (Spring 2022)

non PICS-members	€1 260,00 excl. VAT	non PICS-members quantity Register here
PICS-members	€1 145,00 excl. VAT	become a member or login

PICS Belgium is a certified training center recognized by the Flemish government. This means you can save up to 30% by using ‘KMO Portefeuille’. (DV.O102417)

Day 1

Part 1: Beer game & bullwhip effect

The Beer Game has historically been used to illustrate the operation of a supply chain. Besides illustrating the bullwhip effect, the beer game also shows the importance of coordination, cooperation, and information sharing in a supply chain. The beer game also serves as a capstone for topics that are dealt with in the other sessions of the training.

Part 2: Inventory Management

How much stock should a company have? When do you order and how much needs to be ordered? Excessive inventories result in working capital inefficiencies. Low stocks lead to lost sales and unhappy customers. In the second part of the session, we illustrate different inventory models and basic concepts in an interactive manner using a business game in which the participants assume the role of an inventory manager.

Day 2

Part 3: Forecasting

Effective supply chain management requires accurate forecasts. Better forecasts result in smaller safety stocks and a better alignment between planning and demand. In this session, we illustrate the most important forecasting methods (time series with trend and seasonality, regression, triple exponential smoothing, and machine learning) using hands-on Excel exercises as well as a forecasting game.

Day 3

Part 4: Lean Supply Chains

Globalization with increased cost-consciousness among customers and supply chain partners necessitates to have some notion of the lean philosophy. It has proven to be a viable and popular approach for continuously improving operations and for sustaining competitiveness.
Any company, regardless of size, type and industry (also service and administrative environments) can benefit from lean implementations because principles like production flow, continuous improvement, eliminating waste, employee empowerment and standardization of work methods all facilitate a better value stream where the focus is on meeting customer needs. Theory and examples will be covered.
It will be clear that people, processes and tools/technologies should be balanced. Some state-of-the-art tools to promote lean systems are shown: process mining to easily detect flaws in supply chain flows, and simulation to detect the best solutions to put into practice.

Part 5: Synchronous Supply Chains

After highlighting the different buffer types that exist in any supply chain, we show that the overall system performance can be improved by synchronizing these buffers with the resources in the different stages of transformation.
The cooperation with different functional departments, the analysis of bottlenecks and the development of operational metrics (output, inventory, capacity, …) in addition to financial measures (profit, ROI, cash flow, …) are all key to success.
Insight into the dynamic supply chain relationships will be provided to enhance its planning. Various decision factors play a role: purchasing, inventory, capacity, batch size, order release, variability reduction, product portfolio, etc. The impact on KPIs, such as throughput, reliability and profit is verified by means of an interactive and competitive business game that simulates the tasks of a supply chain manager.