Supply Chain 101

Details
Start Date
August 7, 2024
End Date
August 28, 2024
Duration
Four 90-Minute Sessions
Time
10:30 AM - 12:00 PM ET
Location
Virtual
Price
Free of Charge

In collaboration with the seven Pennsylvania Industrial Resource Centers (IRCs), this Supply Chain 101 program is available free of charge, exclusively for Pennsylvania manufacturers.

It is not uncommon for small to mid-sized businesses to get tangled up in inventory and supply chain issues. The supply environment has run in a steady state for decades; however, a new paradigm has emerged. This course helps manufacturing leaders to understand and become proficient in inventory & supply chain management.

This is an exceptional opportunity for our Pennsylvania manufacturers since our standard pricing for this program is $1,200 per company – up to 2 people ($1,000 for each additional participant from the same company) No more than 3 registered participants per company will be permitted. For more information or to register, call 215-552-3827 or visit www.DVIRC.org. Space is limited to 50 total participants.

Who Should Take This Course

Individuals who are responsible for planning, purchasing, inventory control, or operations functions.

What You’ll Learn

This course will help participants to:

  • Articulate and understand the components of supply chain planning
  • Understand and apply the principles of demand & capacity planning
  • Learn how to create risk & cost-based controls for effective inventory management
  • Experience creating and using inventory & supply chain key performance indicators
  • Perform supply chain mapping
  • Learn best practice Supplier Scouting techniques
  • Learn what implementing a formal Inventory Management and Supply Chain program entails

What You’ll Learn

  • Supply Chain Management (SCM) principles and key processes
  • Demand planning and customer management
  • Operations and production planning
  • Inventory programs and strategies
  • Supplier management and procurement best practices
  • Knowing your constraints and risk factors
  • Sales, Inventory, and Operations Planning (SIOP) program
  • Case study and attendee assignment
  • How to benchmark Suppliers
  • Where and How to Research New Potential Suppliers
  • Exploring Alternative Supply Chain Options
  • Setting Up Vetting Criteria/Scoring Standards
  • The “Right Way” to Interview Suppliers
  • Connecting the dots between Finance and Strategic Planning
  • Performance measurement and key performance indicators (KPIs)
  • Getting the organization and stakeholders on-board
  • Assignment report-out

Meet Your Instructor

Brian Deal

Director, Strategy and Supply Chain Services

Supply Chain 101 Benefits

Participants will benefit by learning how to protect key customers, anticipate supplier issues, and manage inventory cash flow impacts. Additional benefits:

  • This will be an interactive experience with subject matter expert-led lessons and corresponding manufacturing-based case studies.
  • This program takes a “learn today, apply today” approach to drive dramatic improvements in your business.
Cancellation Policy

Cancellations received up to 5 business days prior to class start date will not be charged the training fee, or will be refunded if payment has already been submitted. Cancellations 1-3 business days prior to class will be charged the training fee. As a courtesy, we will allow you to apply 50% of your payment towards a future training course within one year of the cancellation date. No refund will be provided for same-day cancellations and no-shows; customer is responsible for full payment without future training credit. Registrant substitutions may be made at any time. Cancellations must be submitted via email to <a href=”mailto:jenoch@dvirc.org”>jenoch@dvirc.org</a> or by phone at <a href=”tel:215-552-3827″>215-552-3827</a>.