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 The Logistics Management Professional Certificate Program is composed of the following four courses: 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” 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 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 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: 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? 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: Module II: Module III: Module IV: Module V: Module VI: Warehouse Management Module 1 Module 2 Module 3 Module 4 Module 5 Module 6 Module 7 Module 8 Module 9 Transportation Systems This course is Instructor-led and delivered through our award-winning online Learning Management System.
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
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 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:
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:
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:
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:
Role of the warehouse in the supply chain
Elements of warehousing strategy
New warehouse technologies
Warehouse functions
Management issues
Developing a warehouse strategy
Warehouse planning
Warehouse cost management
Performance management and improvement