Dynamic Simulation of Supply Chain and Logistics

  • Start Date

    15 Jun, 2021

  • End Date

    18 Jun, 2021

  • Price

    ₦185,000

  • WiFi

    Free wifi

Event Details

The objective of this Purchasing & Logistics training course on Dynamic Simulation of Supply Chain and Logistics is to teach the delegates how to use simulation tools and techniques for the Design, Analysis and Risk Management of Supply Chain and Logistics activities.

At the end of this training seminar, you will learn to:

  • Perform a Greenfield Analysis of the Supply Chain
  • Understand the risks of Supply Chain and Logistics and the ways to simulate them
  • Perform simulations that will help you with your inventory optimization
  • Acquire the knowledge to predict possible bullwhip and ripple effects
  • Visually present the whole process flow of your Supply Chain and Logistics processes
  • Use the tools for effective transportation planning
  • Present the effects of the proposed changes through the changes in simulation outputs

 

CONTENT:

Supply Chain and Logistics Processes through Simulation 

  • Supply Chain and Logistics Process Planning
  • Basis of Dynamic Simulation
  • Supply Chain Analytics Problems
  • Analytical Optimization in Supply Chains and Logistics
  • Dynamic Simulation

 

Supply Chain Design through Simulation 

  • Greenfield Analysis
  • Multi-echelon Supply Chains
  • Identifying Potential Distribution Locations for a New Supply Chain
  • Introduction to Any Logistics Simulation Package
  • Performing a Simple Facilities Location Analysis with the Use of the Software
  • Integration of Supply Chain Software with IT Infrastructure
  • Supply Chain and Logistics Projects with Dynamic Simulation Software

 

Supply Chain Analysis Using Dynamic Simulation 

  • Master Planning and Importing Data from Data Sources
  • Capacity Estimation
  • Presenting the Results
  • Exporting Analysis Results to Excel and other Software

 

Inventory Optimization using Dynamic Simulation 

  • Inventory and Safety Stocks
  • Inventory Optimization
  • Exercise: Optimizing Safety Stocks and Reorder Points through Dynamic Simulation
  • Examining Different Transportation Policies through Dynamic Simulation
  • Fleet Utilization, Transportation Utilization, Transportation Cost and Lead Time
  • Raw Materials Inventory Policies

 

Supply Chain Risk Assessment 

  • Supply Chain Risks
  • Estimating the Supply Chain Risks Effect on The Revenue
  • Planning for Prevention, Contingency and Recovery Measures
  • Bullwhip Effect
  • Planning for a Possible Interruption in Production
  • Impact of Customer Behavior on Supply Chain Metrics

 

FOR WHOM:

Stores Purchasing and Logistics Personnel in the Public and Private Sectors

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH:  15th – 18th June, 2021

2ND BATCH: 7th – 10th Dec, 2021

Other Dates

Start Date End Date
15 Jun, 2021 18 Jun, 2021
Start Date End Date
07 Dec, 2021 10 Dec, 2021
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos

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