Training Package In Quantitative Logistics Tools and Supply Chain Management – Matrial Drive

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Get ready to develop your knowledge and skills in using practical tools for managing supply chain and logistics functions effectively. You will be capable of selecting the best forecast methods for your business needs, determine the economic order quantity, and apply best practices in distribution and inventory management that will help plan ahead and make sensible and cost-effective decisions

What Will I Learn?

  • Explain the concept and importance of logistics and supply chain management, and recognize the functions of each.
  • Plan and forecast future requirements of material and resources using different forecasting techniques.
  • Determine appropriate stock levels and order quantities using Just-in-time method
  • Select optimal solutions and alternatives when deciding to transport, distribute, or allocate resources using computerbased quantitative methods
  • Recognize key performance indicators associated with supply chain and logistics functions
  • Logistics & supply chain definitions and evolution
  • The importance of logistics
  • Supply chain operations & functions
  • SIPOC model & supply chain flow
  • Best practices in supply chain management

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