Supply Chain Management, Continuous Improvement & Technology

This course aims to provide in-depth knowledge of aspects that are critical for the Supply Chain Management of any business. Supply Chain Management is effectively coordinating the process of production, managing inventories, location and transportation of goods and services to achieve the best sustainable outcome for the customer. Topics covered include: Inventory and cycle optimization; Top five techniques to achieve inventory optimization; The philosophy of JIT; Kanban production; JIT and Lean system within Operations Management; Continuous Improvement; and Technologies in process and supply chain.

• Supply Chain Management, Continuous Improvement & Technology 33:58

  • 1: Inventory & Cycle Optimization -Just in Time (JIT) vs Just in Case 04:53
  • 2: Top Five Techniques to Achieve Inventory Optimization 03:06
  • 3: The Philosophy of JIT 04:11
  • 4: Kanban Production 04:58
  • 5: JIT and Lean Systems within OM 05:41
  • 6: Supply Chain Networks 04:25
  • 7: Continuous Improvement 03:13
  • 8: Getting Started With Kaizen 03:00
  • 9: Technology in Process and Supply Chain Management 00:31

• Knowledge Quiz 02:00

  • 10: Knowledge Quiz 02:00

BACKGROUND:
Inventory includes raw materials which are required to produce goods and services that are held by manufacturers, distributors and the retailers in the supply chain. Most manufacturing firms have the following types of inventory:
• Raw material - An example is gold, the raw material that is transformed into jewellery.
• WIP inventory -Work-in-process (WIP) refers to all items in the process throughout the plant. Since products are not manufactured instantaneously, there is always some WIP inventory flowing through the plant.
• After the product is completed, it becomes finished goods—the bicycles, stereos, CDs, and automobiles that the company sells to its customers.
• Distribution inventory consists of finished goods and spare parts at various points in the distribution system—for example, stored in warehouses or in transit between warehouses and consumers.
• Maintenance, repair, and operational (MRO) inventory are supplies that are used in manufacturing but do not become part of the finished product. Examples of MRO are hand tools, lubricants, and cleaning supplies.

LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Understand the theoretical and practical knowledge of operations management to solve current business challenges.
• Understand and analyse the key concepts of process management.
• Apply critical thinking to supply chain management, quality and productivity management.
• Demonstrate a comprehensive understanding of communication and information flow in the business to improve current business practice.

TIME: Up to 2 Hours

OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.

• Business Managers
• Students
• Self Employed Individuals
• Start-up Companies
• Executives
• Entrepreneurs

• No prerequisites.
• No materials distributed.
• No formal assessments required.

• Administrator
• Business Development Officer
• Consultant
• Government Officer
• Manager
• Operations Manager
• Project Manager

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Reed courses certificate of completion

Digital certificate - Included

Certificate of completion

Digital certificate - £3