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PRODID:-//McTimothy Associates
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X-WR-CALNAME:McTimothy Associates
X-ORIGINAL-URL:https://www.mctimothyassociates.com/product/materials-and-supply-chain-management-3/
X-WR-CALDESC:Materials and Supply Chain Management
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DTSTART;TZID=Europe/Paris:20240411T100000
DTEND;TZID=Europe/Paris:20240413T160000
SUMMARY:Materials and Supply Chain Management
DESCRIPTION:Course Methodology The course uses a mix of interactive and hands-on techniques. Beside the brief presentations by the consultant and the participants, there will be many individual and group exercises.  The work-related activities require participants to calculate or draw optimal solutions for diﬀerent scenarios after understanding the process. Course Objectives By the end of the course, participants will be able to: Describe the objectives and functions of materials and supply chain management (stock control, purchasing, stores and physical distribution) and explain how they relate to each other Categorize stock items based on the ABC classification model Calculate future demand for different stock items Identify Reorder Points (ROP), Economic Order Quantity (EOQ) and Safety Stocks (SS) for different stock items Apply the basic purchasing processes and use Incoterms appropriately Identify best practices in warehouses to maintain accurate inventory records List the various transportation functions and costs Target Audience Those involved in any function of materials and supply chain management (inventory, warehousing, purchasing and transportation) who are concerned with successfully providing acceptable customer or user service at a minimum cost.  This course is also appropriate for anyone who needs to know more about the role of materials management. Target Competencies Logistics theory and practices Planning and logistics work processes Assessment and planning of requirements Demand planning Procurement Warehouse management Logistics and transportation management
URL:https://www.mctimothyassociates.com/product/materials-and-supply-chain-management-3/
LOCATION:The professional Place, 12B Olumoroti Street Gbagada Phrase 2, Gbagada Lagos
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