Logistics Management Professional Certificate Program

Duration:
80 contact hours
Used For:
8 Continuing Education Units
Course and Certificate:
$1200


Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer’s requirements.

The Logistics Management Professional Certificate Program is designed to build competency in the area of understanding, managing, and optimizing supply chain elements

  • Materials management
  • Channel management
  • Distribution (or physical distribution)
  • Supply-chain management

The Logistics Management Professional Certificate Program is composed of the following four courses:

Supply Chain Management

Supply Chain Management involves the flows of materials and information among all of the firms that contribute value to a product, from the source of raw materials to end customers. Management of these activities – logistics, communication, inventory management, warehousing, transportation, and facility location – have been performed since the start of commercial activity. We will attempt to integrate these different perspectives to develop a broad understanding of how to manage a supply chain.

Warehouse Management

“Warehouse Management” is a course that investigates warehouse functions, processes, organization and operations. We review an analysis of warehouse location, operation, management, controls, procedures, finance, security, cargo/materials handling, and productivity.  

Inventory Management

Inventory Management is a course that will provide a comprehensive overview and detailed explanations about fundamental inventory control procedures and their usage. The course will also cover recent developments such as supply chain inventory management, and it will concluded by discussions about implementation and organizational aspects of inventory management.

Transportation Systems

Transportation Systems is a course that will introduce students to the role that transportation systems play in creating a competitive advantage for a global supply chain. The course will emphasize the operation, design, and analysis of effective transportation systems. 

 

After completion of the Logistics Management Professional Certificate Program, students will be equipped with a basic understanding of the following:

  • What is a supply chain
  • What are the elements of an effective supply chain
  • How to optimize a robust supply chain
  • How to optimize warehouse operations, procedures, and processes
  • What are the different types of inventory
  • How to manage and optimize inventory throughout the supply chain
  • What are the various modes of transportation
  • What are the various transportation systems and regulations
  • How to manage the overall supply chain cost
  • What is the outlook for the future

 

No prior experience or coursework required. 

 Students will be assigned 5 homework assignments, and 1 final exam for each course. 

See the syllabus of the four(4) courses for details

Supply Chain Management

Lesson 1- What is supply chain management?
Lesson 2- Demand management (make to stock, JIT)
Lesson 3- Purchasing management
Lesson 4- Inventory management
Lesson 5- Strategic Relationships
Lesson 6- Decision Support Processes
Lesson 7- Information Technology
Lesson 8- Transportation

Inventory Management

Module I:

Introduction to the course. Definition of inventory and purchasing. Role and objectives of inventory management in a business. The content of this phase will include:

  • definition of inventory and purchasing
  • role of inventory and purchases in a business
  • objectives of the management for inventory and purchases
  • handling conflicting objectives
  • inventory categories
  • types of inventory

Module II:
Independent demand inventory systems: The choice of the appropriate model must be consistent with the overall business plan and objectives, and with the strategies for marketing, finance. The content of these phase will include:

  • inventory information systems (MRP)
  • independent demand models
  • environments and their effects on inventory management
  • order cycles and lead times.

Module III:
Inventory management tools and techniques: Forecasting is critical to estimating future demand. This estimate may be developed by using mathematical formulas, data from informal sources or a combination of both. Forecasting is key to all aspects of a successful business-planning system. As customers place more demands and require faster deliveries, the ability to forecast as accurately as possible is essential. The content of this phase will include:

  • Forecasting and determining inventory levels
  • Essential calculations (EOQ)
  • The 80/20 rule (ABC analysis)
  • Determining other costs
  • Lot size and safety stock

Module IV:
Inventory management and financial analysis: One of the area frequently overlooked in the preparation of inventory management professionals is their financial knowledge. At a minimum it is necessary to understand the financial ramifications of the inventory policy. The content of this phase will include:

  • Financial control of inventory
  • Balance sheet basics
  • Income statement basics
  • Identifying suppliers with potential cash-flow problems
  • Costed bill of materials
  • Allocation of factory overhead and activity-based costing.

Module V:
Physical controls: the warehouse environment: Warehousing is intended to maximize customer service by positioning the inventory as close to the customer as possible while still impacting cost reduction, especially in the transportation area. The content of this phase will include:

  • Objectives of warehousing
  • Picking, packing and shipping
  • Costs of warehousing
  • Setting up a warehouse system

Module VI:
Distribution inventory planning and control(logistics): The physical distribution of products flows through a variety of geographically placed distribution points” Inventory is carried at each location based on criteria such as cost, desired customer-satisfaction level, and efficiency of the distribution operation. The content of this phase will include:

  • Delivering products
  • Types of distribution systems
  • Forecasting stockkeeping units (SKU) requirements
  • Integrating distribution systems
  • Picking, packing and shipping just-in-time in a distribution environment.

 Warehouse Management

Module 1
Role of the warehouse in the supply chain

  • Purposes of holding stock
  • Functions of a warehouse
  • Types of warehouse

Module 2
Elements of warehousing strategy

  • What do you want the warehouse to do?
  • Objectives of warehouse management – service vs cost
  • Outsourcing and contracts
  • Warehouse location and number of warehouses

Module 3
New warehouse technologies

  • Summary of warehouse technologies
  • Functions and role of the warehouse management system (WMS)
  • Automatic identification methods
  • Modeling and simulation systems

Module 4
Warehouse functions

  • Receiving and putaway or cross-dock
  • Picking
  • Replenishment
  • Packing and despatch
  • Returns

Module 5
Management issues

  • Housekeeping
  • Safety and environment
  • Stock counting

Module 6
Developing a warehouse strategy

  • Stages in strategy development

Module 7
Warehouse planning

  • Warehouse layout
  • Storage methods and equipment
  • Warehouse automation
  • Materials handling methods and equipment

Module 8
Warehouse cost management

  • Sources of cost and cost drivers
  • Calculating costs and rates
  • Activity-based costing

Module 9
Performance management and improvement

  • Productivity standards
  • Performance indicators and control methods

Transportation Systems

  1. Overview of Transportation
  2. Transportation Modes
  3. Transportation decisions (mode selection, fleet size)
  4. Motor Carriers (TL, LTL, Parcel) & Railroads
  5. Airlines, Water Carriers,  & Pipelines
  6. International Transportation
  7. Transportation Policy
  8. Transportation Costing & Pricing
  9. Transportation Risk Management
  10. Delivery Transport Decisions
  11. Information Technologies
  12. Network Modeling

 

 This course is Instructor-led and delivered through our award-winning online Learning Management System.