Supply Chain KPI Metrics & Analytics: A Comprehensive Guide!
What you'll learn
- 16 Supply Chain KPI's , their meaning & Measurement with examples (These KPI's covers S&OP, Materials Planning, Inventory Management, Warehousing & SCM Process)
- Supply Chain & Operations Management, Materials Management
- Production planning & control
- Sales & Operations Planning (S&OP)
- Materials Requirement Planning & Distribution Resource Planning (MRP & DRP)
- Inventory Management
- Purchasing, E-Purchasing and E-Procurement
- Logistics, Transportation, Warehousing & Packaging
- Role of IT in SCM
- 15 Key Matrices with examples in Supply chain that are really important to measure
- Dictionary that contains 100+ Supply chain concepts (Lifetime tutorial for any SCM professional)
Requirements
- Basic Understanding of English Language
Description
This Course has been designed for Supply chain professionals and Management students who are willing to make their career in related Supply chain area. This course has outlined entire concepts of Supply chain that clears basics and more focus has been given on technical and functional understanding of supply chain.
This course outlines below 16 KPI Metrics, their meaning, Ideal state, measurement & Calculation with examples.
1. Forecast Error
2. Forecast Accuracy
3. On time Delivery (OTD)
4. Order & Documentation Accuracy Rate
5. % of Sales lost due to supply issues
6. Cash to cash cycle
7. Inventory days of supply
8. Inventory Turnover
9. Days on Hand (DOH)
10. Inventory Accuracy
11. Gross Margin return on Inventory Management (GMROI)
12. Excess & Obsolete Inventory (E&O)
13. Undamaged Supplier Shipment rate
14. Distribution Expense
15. Warehouse Capacity Used
16. Material Handling damage
Course Also provides study Handouts for self study in different domains like
- Operations Management and Supply Chain Management Basics
- Materials Management
- Production Planning and Control with different types of planning methods + Static vs. Dynamic Planning
- Master Production Schedule - Outlines Brief of how MPS works in detail, Concepts like Available to Promise and Time fences are well explained.
- Sales and Operations Planning - Basics, S&OP Process, Guidelines on How to setup S&OP...
- Material Requirement Planning & Distribution Resource Planning - Brief details on How MRP runs with inputs and outputs, DRP Functions and Difference between MRP and DRP
- Inventory Management - Inventory Management methods, Selective inventory control techniques, Multiple replenishment planning methods like VMI, Kanban, Safety stock, Min Max... Concepts like inventory turns, Days of sales, EOQ Model, E&O, Inventory cost types,
- Purchasing & Procurement - Purchasing and Procurement in detail and their difference, Purchasing cycle, RFX's
- Logistics Management, Transportation, Warehousing and Packaging
- Incoterms
- Role of IT in SCM.
After understanding all these concepts one must be able to integrate and understand metrices to measure supply chain. This course outlines 16+ Key metrices that are globally known and used with their calculation , examples and measurement benefits.
All these concepts are well designed by our SCM experts and made available as a handout for reference.
Who this course is for:
- Supply Chain Professionals like Demand Planners, Buyers, Inventory controllers, Material Planners, Supply chain consultants, Supply chain managers
- Management students interested to learn concepts of Operations and Supply Chain.
Instructor
- 4.4 Instructor Rating
- 738 Reviews
- 8,873 Students
- 9 Courses
SITMI is offering multiple courses in the Management areas, SITMI has been successful in its expansion in 8 countries and making further expansions. SITMI has been expert in launching courses in Supply Chain, Human Resource, Lean Management, Operations Management, International Business and other areas.
SITMI works collaboratively with multiple experts in Academics and Industrial sector to make quality contents and making them available for the audience.