This workshop is uniquely designed with balanced approach to meet an increasing national and international demand for Logistics and Supply Chain professionals. The terminology of Logistics and Global Supply Chain overlaps in many occasions. To be precise, the term Global Supply Chain is considered in a more macro level, big picture visionaries in the borderless business environment. However, needless to say, without having seamless connectivity of Logistics, which we rightly call End-to-End connectivity, Supply Chain is absolutely incomplete.
Objective of this Workshop
To design efficient, cost effective and capable to have highly flexible Supply Chain work environment in an organization, we need to focus on 4th generation Logistics System Design. Thus, in this workshop, we will focus more on Logistics System Design, and how it can have impacts on Global Supply Chain integration.
Why Logistics is getting attention?
Rise in transportation cost; Production efficiency is reaching to a peak; Fundamental change in inventory philosophy; Product line proliferation; increased use of computers; large retail chains with huge demands and very sophisticated logistics services bypassing traditional channel distribution; Reduction in economic regulation; Growing power of retailers and Globalization.
Borderless Business in 21st century and how Global Logistics responds:
Transformation in the customers attitude towards the total cost approach rather than direct cost approach; Technological advancement in the fields of information processing and communication; Technological development in transportation and material handling; Companies are centralizing production to gain economies of scale.
Most of the MNC organizations are restructuring their production facilities on a global basis. In many industries the value added by manufacturing is declining as the cost of materials and distribution climbs. High volume data processing and transmission is revolutionizing logistics control systems. With the advancement of new technologies managers can now update sales and inventory planning faster and more frequently and factories can respond with more flexibility to volatile market conditions. Companies that have gone all out to slash costs by turning to large scale batch production regularly find themselves saddled with obsolete stocks and are unable to keep pace with competitors’ new-product introductions. Product lines are proliferating. More and more product line variety is needed to satisfy the growing range of customer tastes and requirements. Stock levels in both field and factory inevitably rise and the balance of power in distribution chain is shifting from the manufacturers to the trader.
As a result of these developments the decision maker has a number of choices to work out the most ideal marketing logistics system. Essentially this system implies that people at all levels of management think and act in terms of integrated capabilities and adoption of a total approach to achieve pre-determined logistics objectives.
Logistics is also important on the global scale. Efficient logistics systems throughout the world economy are a basis for trade and a high standard of living for all of us. Lands, as well as the people who occupy them, are not equally productive. That is, one region often has an advantage over all others in some production specialty. An efficient logistics system allows a geographical region to exploit its inherent advantage by specializing its productive efforts in those products in which it has been an advantage by specializing its productive to other regions. The system allows the products’ landed cost (production plus logistics cost) and quality to be competitive with those form any other region. Common examples of this specialization have been Japan’s electronics industry, the agricultural, computer and aircrafts industries of the United States.
Workshop topics to be covered:
The Immediate Supply Chain for an Individual Firm
Definition of Logistics
Evolution of Logistics
The Logistics Mission Statement
Significance of Logistics
The Logistics Strategy Triangle
Relationship of Logistics to Marketing and Production
Relationship of Logistics to Marketing
Relationship of Logistics to Production
Contemporary Logistics Terms
Logistics Strategy and Planning
Flow of Logistics Planning
Strategic, Tactical, and Operational Decision Making
Six Concepts for Logistics Strategy Formulation
A Cost Conflict in Logistics
Choosing the Right Supply Chain Strategy
Product in the Planning Triangle
Product Life-Cycle Curve
Effect of Value-Weight Ratio on Logistics Costs
Effect of Transport Service and Inventory Level on Logistics Costs
Logistics/Supply Chain Customer Service
Customer Service in Planning Triangle
Customer Service Defined
Customer Service Elements
Penalties for Customer Service Failures
Most Important Customer Service Elements
Order Cycle Time
Components of a Customer Order Cycle
Modeling a Sales-Service Relationship
Order Processing and Information Systems
Order Processing and Information Systems in Planning Triangle
Typical Elements of Order Processing
Transport Fundamentals in Planning Triangle
Transport System Defined
Importance of Modes
Transport Decisions in Transport Strategy
Logistics/Supply Chain Control
Controlling in Logistics/Supply Chain Management
A Control Paradigm
Schematic of Control Process
Open-Loop Control System
Closed-Loop Control System
Scope of the SCOR Model
Organizing for Logistics/Supply Chain Management
Summary and wrap up session