More information, less inventory cost — that trade-off sounds impossible until you look at how modern supply chains are actually built. Supply chain management is both an art and a science: the management of the flow of goods and services, covering the movement and storage of raw materials, finished and semi-finished products, and inventory, from the point of origin all the way to the point of consumption. This Training Course in Next-Generation Supply Chain Practices from the Arab British Fellowship Training Academy is for anyone who wants to raise the amount of usable information flowing through their chain while cutting the costs and obstacles that usually come with it.

Also known as supply chain or logistics management, the discipline is essentially the organisational and strategic coordination of a company's everyday business functions and planning, carried out through the interrelated links of the chain itself, in order to improve long-term performance — whether for a single company or across the entire chain that feeds it. At its core, it means managing the relationships between suppliers, customers, and every participant in between, from the emerging link connecting a wholesaler to a retailer, to the global networks that move goods across continents today.

Who Should Attend?

• Managers and owners of establishments wanting to develop overall work performance.
• Employees working in economic development departments.
• Officials in departments responsible for supply and supply chain management.
• Anyone responsible for reducing the overall cost of product flow within their company.

Knowledge and Benefits:

By the end of the course, participants will be able to:

• Plan and follow up on supply chain activity with a high degree of confidence.
• Improve continuity in managing materials, information, and cash flow, while reducing business complexity as much as possible.
• Achieve the best possible balance of cost, time, and quality, supported by regular, interactive communication.
• Apply modern methods in supply and distribution systems, and quality standards across procurement and supply tools and mechanisms.
• Use effective supply chain performance procedures as a tool for rationalising storage decisions.
• Apply modern methods for handling waste and stagnant inventory.

• Supply Chains: Definition, Objectives and Building Blocks

  • Definition of supply and supply chains, and their importance in economic operations.
  • Objectives of supply chain and supply management.
  • Key terms and definitions for supply chain components, and its core elements.

• Relationships and Flow Strategies Across the Chain

  • Types of relationships within supply chains, including traditional relationships linked to supply deals.
  • Strategies for handling internal and external flows within the supply chain.

• Performance, Scheduling and Strategic Decisions

  • Measures and performance standards for supply chains, and practical steps for building effective ones.
  • Scheduling and coordination in supply management.
  • Strategic decisions for operations and supply activities.

• Designing and Organising Supply Chains Globally

  • Traditional design approaches for organising global supply chains to achieve future objectives.
  • Mechanisms for organising supply chains globally, and factors that global supply chain strategies must rely on.
  • Global challenges facing supply chains, and elements that are difficult to control internationally.

• Cutting Costs Through Reducing Expenditure

  • How to reduce expenditures through supply and supply chain management.
  • The importance of supply chains in economic operations.

• Quality Standards and the Excellence Model

  • Key requirements for applying total quality to operations and supply activities.
  • Standard financial ratios for supply operations according to quality standards.
  • Quality requirements for supply and supply chain management.
  • Methods for measuring the efficiency and effectiveness of supply management, and the excellence model for supply and supply chain management.