Competition is no longer between companies; it’s between supply chains. The volatile economy means that manufacturers have to be much more agile, flexible and responsive to external pressures.
This overview demonstrates the benefits of a Supply Chain Optimization program:
- Lower Costs
- Better Delivery
- Increased Quality
- Competitive Edge
Objectives of the Program:
- Introduction to a constraints-based approach of supply chain optimization
- Review key elements required for optimization of the supply chain
- Demonstrate the destabilizing effects of dependence, variation, lack of supply chain visibility and forecast inaccuracy
- Provide an understanding of the supply chain optimization process
- Introduction to a road map intended to guide companies towards improved collaboration and supply chain integration
This working session is comprised of the following key educational items:
- Examine the strategic implications of a poorly functioning supply chain
- Contrast (or compare) the attributes of supply chain development vs optimization
- Overview of supply chain fundamentals
- Introduction to application of Constraint Theory to supply chains
- Interactive simulation demonstrating the Bullwhip Effect on supply chains
- Introduction to the MEP Supply Chain Optimization methodology and roadmap
- Discussion of supply chain successes and lessons learned.
Who Should Attend:
Manufacturing leaders interested in learning how to create a stronger base of manufacturing through Supply Chain Optimization. Operations Managers, Financial Managers, Program Managers, Product Managers, Procurement and Supply Chain Managers
What Will You Gain:
You will understand the advantages of incorporating a strategic approach to supply chain management, and how it can positively impact local and state communities as well as to create a national economic value through increased competitiveness.
Workshop delivered by Supply Chain expert Dr. Stephan Brady! Click here for Bio.
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Program supported in part by DIAP BRE Implementation Funds.