Crafting Responsive Supply Chains to Ensure Profitability
| Date: | 15/04/2009 | Duration: | 1 day |
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| Price: | 15.200 CZK | Free Space: | No space |
Completed course
"The impending economic crisis makes a corporate survival and prosperity dependent on a resilient supply chain stronger than ever."
Lectured by: Prakash Mirchandani, professor of the University of Pittsburgh
When: 1st June 2009
Registrations and morning coffee from 8:30am
Course: 9:00 a.m. - 5:30 p.m.
Where: USBSP - University of Pittsburgh, Truhlářská 13-15, Praha 1, Czech Republic
Price: 15.200 CZK +VAT (Every additional person from the same company and each participant of past CEDP courses receives a 5% discount.)
Who Should Attend: Executives and manager dealing with operational issues, and functions such as marketing, information systems, and accounting.
This course targets both manufacturing and service industries.
About the Course:
Increasingly, companies are realizing the importance of strategically managing the flow of goods and information through the supply chain for maximizing a firm's value and minimizing its risk. The flow of goods requires movement and storage decisions at the procurement, processing and sales divisions of the multiple members of a supply chain, while the flow of information requires analysis, timing, and target issues at the different stages of the supply chain. By properly synthesizing these flows, organizations can enhance the time, place and form values of their product offerings. However, an improperly structured system can unduly increase costs, particularly in the modern context where both the uncertainty in demand, the rate of innovation, and the rate of obsolescence are high. An improperly configured supply chain can also increase its risk, thereby creating uncertainty in value creation. As the 2008 financial meltdown shows, an inadequate understanding of risk can cause great turmoil, besides leading to the unexpected and premature demise of even the world's strongest corporate stalwarts. In this course, we first learn the basics of supply chain and risk management, and then discuss how supply chain risk can be mitigated. The second part of the course simulates a simple supply chain to illustrate the types of problems that can arise in an ill-structured supply chain. We also discuss examples from many industries including the electronics, automotive and apparel to establish how we can bring about efficiency improvements and risk mitigation in a supply chain both in the context of an organization's external interactions and with respect to its internal ones.
Course Agenda
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This course will utilize:
The course will adopt an experience-based learning viewpoint and will utilize a supply chain simulation.
All study materials necessary will be supplied.
Lunch, coffee, tea, soft drinks and light refreshments throughout the day will be provided.
