Lean Supply Chain Management Workshop

Aug. 5, 2009 - PRLog -- Synerflex Consulting bring you Lean Supply Chain Management Workshop on this coming August, 2009. Below show the detail of the workshop:

Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. The ultimate goal of any effective supply chain management system is to reduce inventory. (with the assumption that products are available when needed).

Lean supply chain management is for many companies. It is not just for manufacturers who practice lean management. It is also for non-manufacturers, wholesalers, distributors, retailers and others. Companies have a number of areas in their supply chain where waste can be identified as time, costs or inventory. To create a leaner supply chain companies must examine each area of the supply chain. (ie: Procurement, Manufacturing, Warehousing, Transportation and etc )

Lean is how a properly designed and operated supply chain should function. A lean supply chain process has been streamlined to reduce and eliminate waste or non-value added activities to the total supply chain flow and to the products moving within the supply chain. Waste can be measured in time, inventory and unnecessary costs. Value added activities are those that contribute to efficiently placing the final product at the customer. The supply chain and the inventory contained in the chain should flow. Any activity that stops the flow should create value. Any activity that touches inventory should create value.

Objectives:
After attending the workshop, the participants will be able to understand more on

   * the concepts, objectives and processes of supply chain management;
   * good grasp of the issues, challenges and opportunities for a modern enterprise operating in a global environment;
   * working knowledge of business finance and risk management essential to managing cost and service performance of complex supply chains;
   * good understanding of the fundamental principles and methodology in developing a best-practice supply chain strategy to support an enterprise’s marketing objectives; and
   * an update of the technology that is reshaping the way modern supply chains are designed and managed for maximum business performance.
   * application of Lean concepts throughout the supply chain

Benefits from Lean SCM:

   * Minimize line down situation due to material shortage
   * Effective Management of Inventory
   * Lower inventory holding costs
   * Better / higher inventory turns
   * On time delivery from suppliers
   * Improvement on customer service level / fulfillment

Who Should Attend:

Managers and executives from

   * Planning
   * Materials & Inventory Control
   * Production
   * Purchasing
   * Warehouse
   * Logistics
   * Supplier Quality Engineering
   * Customer Service
   * Finance

Workshop Methodology:
The 2-day training programme also adopts a ‘learn-analyse-apply’ model. This model provides participants with adequate opportunities to:

   * Apply the newly acquired Lean SCM knowledge and techniques in the systematic development of supply chain solutions.
   * Learn about the various dimensions of supply chain processes in determining competitive advantage for their companies;
   * Analyse how the key components of SCM can be integrated to provide value for customers as well as to lower business costs; and
   * Participants will be stimulated to participate with active interaction in team activities like group discussions & presentations, business games & modeling and Harvard business case studies.

What You Will Learn:

The Challenges of Supply Chain Management (SCM)

   * The importance of the supply chain
   * Supply chain issues
   * Supply Chain Strategies
   * Business game: Where’s My Supply?

Strategic sourcing for successful supply chain management

   * Make or buy
   * Reasons of make instead of buy
   * Reasons of buying from outside
   * Outsourcing
   * Supplier selection: a key supply management decision
   * Vendor partnership.

Supply Chain Key Performance Metrics

   * Service metrics
   * Assets metrics
   * Speed metrics
   * Tying your LEAN SCM improvement projects to your key performance indicator
   * How to translate improvement results into financial terms.

Creative Supply Chain Practice

   * Third party logistic
   * Vendor Managed Inventory (VMI)
   * Vendor Managed Replenishment (VMR)
   * E-Business and SCM

Information Distortion & Demand Management

   * Bullwhip effect
   * Causes of Bullwhip effect
   * Counter Bullwhip effect

The positive impact of LEAN SCM on the growth and profitability of your organization

   * Learn what the different issues are that need to be taken into account when applying the lean approach SCM.
   * Learning how to use LEAN as your competitive strategy
   * Developing a LEAN business case for your SCM functions
   * Bringing lean strategies to the SCM process
   * Leveraging on lean techniques to drive operational excellence
   * Utilising technology support that decrease waste and increase throughput

Practical approach to implementing LEAN SCM in your organization

   * Understanding the 5 key principles of LEAN
   * Access your current state of your SCM operations utilizing Value Stream Map
   * Developing your action plan and work towards your future state
   * Utilizing Lean Tools to improve SCM processes

Fore more detail or further questions, please contact us at info@synerflexconsulting.com.

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Synerflex Consulting providing you with World-Class Solutions such as Lean Supply Chain Management, Lean Six Sigma, Lean Manufacturing, Lean Services or Office, Leadership Coaching, and Small Business Marketing.