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Basics of Supply Chain Management

Understand the concepts of supply chain management and drive value for your company.

The COVID-19 pandemic exposed supply chain weaknesses and caused widespread disruption to global businesses. But it also presented an opportunity to re-evaluate and rethink supply chains; to build resilience, while reducing costs and improving the customer experience. In this topic we will introduce you to the field of supply chain management. We will cover basic concepts of the supply chain, introduce the forecast to fulfill value chain, and define key metrics to manage a supply chain. We will then discuss the increasing importance of supply chain management today and key trends. We will dive into key areas such as sales and operations planning, purchasing, inventory management and customer service. Finally, we will bring to life these concepts through actual client case studies from design through implementation of transformational business strategies that drove growth while improving profitability and cash flow.

93 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Supply Chain 101

  • Supply Chain at a Glance: Framework and Key Concepts
  • Why Is SCM Important: P&L and Working Capital
  • The Forecast to Fulfill Value Chain: Cash Impact Through Inventory Management
  • SC Metrics: What and How Supply Chain Drives Value to Companies
  • Supply Chain During COVID-19
  • Supply Chain Today and Future

Selected SCM Topics Zoom-in

  • S&OP
  • Purchasing and Supplier Management
  • Inventory Management
  • Customer Service (TBD)

Case Studies

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

OnDemand Course

This course was last revised on February 17, 2021.

Call 1-866-352-9540 for further credit information.

  • CPIM/CFPIM/CSCP 1.0
     
  • This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Kevin Chen

Kevin Chen

EY-Parthenon

  • Senior Director of Strategy & Transactions, EY-Parthenon
  • 15 years of experience in the areas of supply chain transformation, S&OP, inventory optimization and strategic sourcing, across a broad spectrum of industries including life science, industrial manufacturing, CPG, and technology industries
  • Experienced in multi-country supply chain and working capital improvement projects and solution development; he led mostly cross boarder projects that delivered tangible cash or P&L benefits and sustainable process improvement
  • Prior to EY-P, he had a diverse background working as a management consultant at Kearney, a serial investor and strategist in Asia, and a branding and media specialist for WPP in southeast Asia
  • M.B.A. degree, Ohio State University; bachelor of law degree, Shanghai International Studies University
Aaditya Khimani

Aaditya Khimani

EY-Parthenon

  • Senior Director, Strategy and Transactions Practice, EY-Parthenon
  • Over 15 years strategy consulting and industry experience across the globe with a range of industries including technology, telecommunications, medical devices, pharmaceuticals, chemicals, and private equity; At EY-P, Aaditya is responsible for helping clients improve cash flow by optimizing working capital
  • Prior to EY-P, he was a manager in Accenture’s Strategy and Operations practice and a senior engineer at Intel Corporation
  • Master's and bachelor’s degrees in electrical engineering, Cornell University; M.B.A. degree, Kellogg School of Management at Northwestern University
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405554
Published 2021
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