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Course Introduction

Viewed in the context of globalization and the globalized nature of procurement processes, in the present era, the Material and Supply Chain Management (SCM) is truly a crucial function for success of any organization. This function is not only an ‘in-bound' chain in terms of supply to the manufacturing units, but more importantly fast and timely supply to numerous outlets meant to reach every customer in the world. The 'out-bound' chain is thus the sustaining arm of the business and when these two are integrated the emerging picture indeed is crystal clear in terms of the significance of SCM to success of business.

Many companies traditionally focused on increasing efficiency by addressing how they could improve each step in their core processes. Hence, in most organizations, the manufacturing function is now in a more matured state as compared to Materials and Supply Chain Management (SCM) functions, especially in ‘flow’ type of processes of high volume.

Supply Chain integration spells the difference between the view of logistics as amalgamation of discrete functions of transportation and distribution and the new vision of SCM that links all players and activities involved in converting the raw materials into products and delivering those products to ultimate users at the right time and the right place in the most efficient manner. In dynamic environments, characterized by demand uncertainty, significant seasonality, short product life cycles, intense competition, etc., companies that organize for functional integration outperform others who are not organized for functional excellence. Information and Communication Technology has also emerged as a force multiplier in this field. Solutions like SAP have also brought about a revolution in this field. Hence optimization of Material & SCM function in any organization has assumed greater importance in the present era.

Industrial Training Objectives

The objective of the programme is to familiarize the engineers and executives with Effective Materials and Supply Chain Management System including introduction to new technologies e.g., ERP, e-procurement and RFID and SAP (Material Management Module) and bring out detailed concepts and procedures, to make the existing Materials & SCM effective and efficient, which organizations can implement to realize their goals at much lower cost of materials.

Course Outcomes

  • MATERIALS PLANNING- forecasting, aggregate planning, timely availability of materials to avoid project cost and time overruns.
  • PROCUREMENT- sourcing; source identification; supplier evaluation, development, vendor rating, legal aspects, vigilance
  • INVENTORY CONTROL- Profitability vs. inventory levels, reorder levels, JIT, Vendor Managed Inventory (VMI)
  • OVERVIEW OF SCM – SCM, a paradigm shift, functions, objectives, collaboration, integration, lean manufacturing, integrating tier 1 and 2 vendors
  • LOGISTICS – storage, materials handling, transportation, multi modal transport, 3PL, 4PL
  • PERFORMANCE MEASUREMENT- six sigma, benchmarking,
  • TECHNOLOGY FOR SCM- Networking, e-commerce, e-procurement, Electronic Data Interchange (EDI), ERP
  • SAP (MM Module)

Course Schedule

24 – 26 May 2021

After registration participant can access ESCI LMS platform for digital learning

Session timings will be from 09.45 to 15.30 Hrs (13.00 – 14.00 Lunch Break)

Course Content