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SCM & Operations for Executives

By Suvayan Nandi & Joydeep Nandy

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Provide an overview of supply chain management and the strategic importance of effective supply chain design and coordination. Discuss concepts such as supply chain mapping, network optimization, and aligning supply chain strategy with business objectives.

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Explore techniques and methods for demand forecasting, including statistical models, market analysis, and customer insights. Emphasize the importance of accurate demand forecasting in optimizing inventory levels, production schedules, and customer satisfaction.

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Discuss inventory management strategies, such as just-in-time (JIT) and lean principles, as well as inventory optimization techniques. Cover topics like safety stock, economic order quantity (EOQ), and ABC analysis.

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Explain the process of selecting, evaluating, and managing suppliers. Discuss strategies for strategic sourcing, supplier relationship management, and supplier performance measurement. Address topics like supplier qualification, negotiation, and risk management.

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Cover key aspects of logistics and transportation management, including modes of transportation, warehouse management, distribution network design, and last-mile delivery. Discuss strategies for optimizing transportation costs, improving delivery speed, and enhancing overall efficiency.

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Introduce executives to lean principles and Six Sigma methodologies for process improvement. Highlight the benefits of reducing waste, improving process flow, and enhancing product quality. Provide case studies and examples of successful lean and Six Sigma implementations.

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Discuss the concepts of production planning, capacity management, and production scheduling. Explore techniques like aggregate planning, master production scheduling, and materials requirements planning (MRP). Explain how effective operations planning and control contribute to meeting customer demands and reducing costs.

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Address quality management principles, including Total Quality Management (TQM), quality control, and continuous improvement. Discuss tools and techniques for quality measurement, defect prevention, and root cause analysis.

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Highlight the importance of sustainable operations and supply chain practices. Discuss strategies for reducing environmental impact, optimizing energy usage, and implementing sustainable sourcing and manufacturing practices.

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Explore the impact of emerging technologies on operations and supply chain management, such as artificial intelligence (AI), Internet of Things (IoT), and block chain. Discuss their potential applications and benefits in improving supply chain visibility, traceability, and efficiency.

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Incorporate real-world case studies, guest speakers from industry, and interactive exercises to provide practical application of the concepts. Additionally, encourage executives to share their own experiences and challenges in managing operations and supply chains, fostering discussion and peer learning.

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