Professional Supply Chain Training Tailored for Your Business

The branch of business management

concerned with planning and controlling inventories. Learn how best to manage your products and raw materials and have the appropriate visibility into your inventory levels, allowing you to optimize stock levels and reduce stockouts.

The function of recognizing all

demands for goods and services to support the marketplace.

It involves prioritizing demand when supply is lacking. Proper

demand management facilitates the planning and use of

resources for profitable business results.

The determination of a set of policies

and procedures that govern the operation of a supply chain. Planning includes the determination of marketing channels,

promotions, respective quantities and timing, inventory and replenishment policies, and production policies. Planning establishes the parameters within which the supply chain

will operate.

The business functions of procurement planning, purchasing, inventory control, traffic, receiving, incoming inspection, and salvage operations.

A process to develop

tactical plans that provide management the ability to strategically direct its businesses to achieve competitive advantages on a continuous basis by integrating customer-

focused marketing plans for new and existing products with the management of the supply chain. The process brings together all the plans for the business (sales, marketing, development,

manufacturing, sourcing, and financial) into one integrated set of plans.

The identification, assessment, and

prioritization of risks followed by coordinated and economical

application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.