- Duration in hours: 1 x 4h
- Module level: Foundation
Overview: It is interesting to compare the Supply Chains of a Manufacturing industry and of an Upstream entity in order to determine the similarities and differences. Through examples and exercises, the Trainees define themselves the role of the Supply Chain in both industries and their objectives.
The module introduces also the Material Management and Stock Management and define the financial approach of this function: How this approach impacts the financial efficiency of the Supply Chain?
Audience: Actors of the Supply Chain: Stock Controllers, Cost Controllers, Buyers, Logisticians but also members of the technical departments: Technical Administrators and members of the Duet.
Deliverables: Upon completion of this module the Trainees will have a throughout understanding of the Supply Chain and of the main functions of the chain in order to improve its efficiency.
Trainees will understand the importance of an efficient Material Management and its impact on the Supply Chain.
The Supply Chain in the Manufacturing Industry: Definition and example.
The Supply Chain in the Upstream Industry: Definition and example - Similarities and Differences between both Supply Chains - Exercise.
Introduction to Material and Stock Management: Objectives of Stock Management - Some theory about Stock Management.
The Finance Global Approach: Guidelines on financial approach. How to decrease the Stock Value?