Supply Chain Management In India Pdf Free ##BEST##

Description: This course introduces and explains the analytical methods generally used by logistics and supply chain practitioners. The course will cover topics with a focus on: basic data management (cleaning, handling etc.), Probability (random variables, continuous and discrete distributions, measurement, etc.), Statistics (sampling and inference, hypothesis testing, regression, etc.), Simulation (Monte Carlo, Discrete Time period), and Optimization (classic unconstrained, network models, and linear, integer and mixed linear programs). The focus is on the application of these techniques and methodologies to problems in the supply chain space. For future course dates please view "When will the next course be run?" in the FAQ.

Supply Chain Management In India Pdf Free

Description:This course is a survey of the fundamental analytic tools, approaches, and techniques used in the design and operation of logistics systems and integrated supply chains. The material is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain. We place a strong emphasis on the development and use of fundamental models to illustrate the underlying concepts involved in both intra- and inter-company logistics operations. The three main topic areas we will focus on are: Demand Forecasting, Inventory Management, and Transportation Planning. While our main objective is to develop and use models to help us analyze these situations, we will make heavy use of examples from industry to provide illustrations of the concepts in practice. This is neither a purely theoretical nor a case study course, but rather an analytical course that addresses real problems found in practice. For future course dates please view "When will the next course be run?" in the FAQ.

Description: This course covers all aspects involved in the design of supply chains for companies and organizations anywhere in the world. The course is divided into four main topic areas: Physical flow design, Supply chain finance, Information flow design, and Organization/Process design. In the design of physical flows, we show how to formulate and solve Transportation, Transshipment, Facility Location, and Network Design Problems. For financial flows we show how to translate supply chain concepts and actions into the language of the Chief Financial Officer (CFO) of a company. We cover Activity Based Costing, Working Capital, the Cash-to-Cash cycle and Discounted Cash Flow Analysis. The design of the information flow section describes how firms communicate with suppliers (procurement, risk contracts), internal resources (production planning, bills of materials, material requirements planning), and customers (Sales & Operations Planning and other collaboration based processes). In the last section, we introduce performance metric design and organizational design within the supply chain organization focusing mainly on the centralize/decentralize decision. For future course dates please view "When will the next course be run?" in the FAQ.

Description: This course covers additional aspects of supply chains. Topics introduced include: Supply Chain Strategy, Supply Chain Risk, System Dynamics, Global Logistics, Freight Transportation, Warehouse Management, etc. Other special topics to be covered include Sustainability, Urban Logistics, and Humanitarian logistics. For future course dates please view "When will the next course be run?" in the FAQ.

Description:This course will cover the technology used within supply chains with a special focus on handling exceptionally large data sets. The topics covered include: Databases, SQL, Data visualization, and Large Scale analysis. Additionally, we will introduce and explain interactions and connections between systems used within supply chains, to include: Order Management Systems, Transportation Management Systems, Warehouse Management Systems, Inventory Management Systems, etc. For future course dates please view "When will the next course be run?" in the FAQ.

The MITx MicroMasters program credential showcases your end-to-end understanding of supply chain management. The credential offered by MITx and edX is an advanced, professional, graduate-level foundation in Supply Chain Management. Five courses and a final comprehensive exam represent the equivalent of one semester of coursework at MIT. These online courses offer the same rigor and relevance as the material taught on campus. With these courses, you will become the person people turn to when they want answers.

The MITx MicroMasters program in SCM will help you demonstrate your ability and proficiency in the dynamically changing field of supply chain management. We believe this program can help you achieve your goals. Do you have detailed questions?

By using this [Sight] Platform various teams are now digitally connected in our supply chain and have an enhanced real-time access to data across various reporting tools. We have experienced significant efficiency in time management leading to operational excellence.

Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. Once a customer receives a product, processes such as returns or recycling require reverse logistics.

Reverse logistics start at the end consumer, moving backward through the supply chain to the distributor or from the distributor to the manufacturer. Reverse logistics can also include processes where the end consumer is responsible for the final disposal of the product, including recycling, refurbishing or resale.

Organizations use reverse logistics when goods move from their destination back through the supply chain to the seller and potentially back to the suppliers. The goal is to regain value from the product or dispose of it. Worldwide, returns are worth almost a trillion dollars annually and have become increasingly common with the growth of ecommerce.

Traditional product flow starts with suppliers and moves on to a factory or distributor. From there, the goods go to retailers and customers. Reverse logistics management starts at the consumer and, moving in the opposite direction, returns products to any point along the supply chain.

Well-designed supply chains are responsive to changes and can handle some reverse logistics requirements. This reverse process can return products one step back in the chain or to the original supplier. They can even send returned products back to regular sales or discount channels (like liquidators).

Reverse logistics moves goods from the traditional endpoint of the supply chain at least one step backward. This process can involve various plans and controls. Some companies prefer to outsource this work.

Gartner Research says that about 70% of businesses plan to invest in the "circular economy." This circular economy follows traditional logistics and then continues around through what Gartner calls a closed-loop supply chain.

Reverse logistics provide another critical opportunity for supply chain optimization. Supply chain management accounts for the reverse and forward flow of goods, and a surge of returns can drive up supply chain costs, harming profitability.

The reverse supply chain is the backward movement of goods (such as defective products) from vendors back up the supply chain. It is the opposite of the typical supply chain, where items go from manufacturer to retailer to consumer.

Companies monitor reverse logistics in the supply chain to find better ways to process and dispose of products. There is a considerable volume of information available in the ways goods move back and forth through the supply chain. This detail can help companies meet their delivery goals.

There are five key reverse logistics-focused supply chain metrics that will help increase asset recovery. Supply chain analytics can help management make data-driven decisions at all steps of the supply chain.

Supply chain analytics should exist throughout the entire value chain, from sourcing materials through distribution and delivery. Useful metrics lead to growth in revenue, better margins and controlled capital. Supply chains are increasingly going digital, so collecting the data is easier. Read the supply chain analytics guide to learn how to make the most of this practice.

Manufacturing companies sell fixed parts as refurbished items. These parts have a lower value and may go through a different supply chain. In the service industry, companies can provide warranty work, credit, or work refunds.

A reverse logistics expert is a professional who can help your company be more efficient by suggesting and implementing process improvements in your reverse supply chain. Good reverse logistics experts consider your customers, business priorities and sales goals.

The difference between reverse and forward logistics is the direction the product is moving along the supply chain. Products that come from the manufacturer and move toward the customer are going forward. Products coming back from customers to retailers or manufacturers are heading in reverse.

DFRL refers to designing products and packaging that makes it cheaper and easier to move in a reverse flow in the supply chain. For example, manufacturers package products in reusable canisters that they refill for retailers.

PLUS+ subscriptions start as low as $109/year*. Begin yours now.That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

PLUS+ subscriptions start as low as $129/year*. Start yours now. That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

Logistics refers to the movement of goods from Point A to Point B, which entails two functions: transportation and warehousing. The overall supply chain is a network of businesses and organizations working in a sequence of processes, including logistics, to produce and distribute goods.