Overview

The MBA Method course prepares and empowers you to make a real difference. Turbo - supercharge your career and business.This course is for the new or aspiring Supply Chain and Operations Manager, aspiring procurement professionals, logistics supervisors, hands-on production planners and hands-on business improvement analysts.Take control of your supply chain to have and "influence" and "improve" your business operations - manufacturing, service, retail, industrial operations and logistics productivity.Prepare yourself to take on a new leadership role in your workplace - improving your processes, systems and business/organization.Understanding the Basics details the fundamentals of supply chain management, key business differentiators, fundamental analysis, basic calculations, and optimization methods.Be the supply chain management authority on your team to improve the operations systems in your business.Course sections:1. Introduction to supply chain management2. Stakeholders and Relationships3. Components of the supply chain4. Types of Supply Chain and Value Stream Planning5. Anticipate demand6. Demand management7. The ratchet effect8. Sales and operations planning9. Inventory management10. Measure performance with metrics/key performance indicatorsIn this course you will learn:Objectives: What are the "goals and objectives" of a good supply chain? How to balance the "trade-offs"Supply Chain Type: The difference between an "effective" and "responsive" supply chain and why you can be bothRelationships: Segment your stakeholders and design your relationships. Are you transactional or collaborative?Forecasting: Quantitative and qualitative methods for forecasting demand.Excel Workflows: Practical Examples of Excelling Most Common Quantitative Prediction Methods and Calculating Prediction Error.Reduce variance: why demand variance is the enemy and how you can control itSupply chain optimization: by reducing delays, uncertainty and decision levelsInventory: The Basic Reasons Why We "Need" Inventory and Why It Really Costs Us Much More Than Most Managers BelieveKey Performance Indicators: 5 key supply chain metrics to give you a 'deep' and 'balanced' view

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