Advanced Supply Chain Training
MANTEC’s 3-part virtual training series is designed specifically for small to medium-sized manufacturers looking to enhance their supply chain management. Whether you’re seeking the entire series or just one session, this flexible training allows you to learn at your convenience. Gain valuable insights into optimizing procurement, managing inventory, and mastering SIOP (Sales, Inventory, & Operations Planning) to streamline your operations.
Session highlights include:
- Module 1: Strategic Procurement & Supplier Management
- Module 2: Inventory Optimization and Demand Forecasting
- Module 3: SIOP: Sales, Inventory, & Operations Planning
About the Courses
Module 1: Strategic Procurement and Supplier Management
17-21 Hours – Virtual
Training Description
The “Strategic Procurement and Supplier Management” module is designed for professionals in small to medium-sized manufacturing companies seeking to enhance their procurement processes and supplier relationships. This advanced training offers a deep dive into the strategic aspects of procurement and supplier management, providing participants with practical tools and techniques to optimize their supply chain operations. Through interactive sessions and real-world case studies, participants will learn how to select, evaluate, and manage suppliers effectively, negotiate favorable contracts, monitor supplier performance, and implement risk mitigation strategies to ensure a resilient supply chain. This training is delivered virtually and is intended for key decision-makers and managers involved in various aspects of manufacturing operations and supply chain management.
Training Objective
By investing in this advanced supply chain training program, small to medium manufacturers can gain a competitive edge by optimizing their supply chain operations, reducing costs, and enhancing customer satisfaction. With a focus on practical applications and industry best practices, this program equips participants with the skills and knowledge necessary to drive supply chain excellence and propel their businesses toward long-term success.
Skill Attainment
The training will equip supply chain professionals with advanced knowledge and skills in strategic procurement and supplier management. By the end of the course, participants will be able to:
- Develop and implement effective supplier selection and evaluation criteria.
- Calculate Total Cost of Ownership (TCO)
- Practice and conduct successful contract negotiations.
- Monitor supplier performance, and create tools t0 benchmark contract compliance.
- Identify and mitigate risks within the supply chain.
- Apply strategic procurement practices to reduce costs, enhance supplier reliability, and adapt to market changes.
This module empowers participants to transform their procurement and supplier management processes, driving operational excellence and ensuring a competitive edge in the manufacturing sector.
Agenda
- Key Concepts: The instructor will cover fundamental principles of strategic procurement and supplier management.
- Implementation: Participants will learn how to effectively apply these principles within their current operations.
- Sustainment: Strategies will be provided to ensure ongoing effectiveness in strategic procurement and supplier management.
Module 2: Inventory Optimization and Demand Forecasting
17-21 Hours – Virtual
Training Description
The “Inventory Optimization and Demand Forecasting” module is designed for professionals in small to medium-sized manufacturing companies seeking to maintain optimal inventory levels and maximize efficiency. This advanced training offers a comprehensive exploration of inventory management and demand forecasting techniques, providing participants with practical tools and strategies to enhance their supply chain operations. Participants will learn to implement effective inventory management techniques, utilize demand forecasting methods and tools, integrate sales and operations planning (S&OP) processes, and leverage technology solutions for inventory management. Through interactive sessions and real-world case studies, this training ensures that the program addresses the specific needs and challenges identified during the assessment. This training is delivered virtually and is intended for key decision-makers and managers involved in various aspects of manufacturing operations and supply chain management.
Training Objective
By investing in this advanced inventory optimization and demand forecasting training program, small to medium manufacturers can gain a competitive edge by maintaining optimal inventory levels, reducing costs, and enhancing customer satisfaction. With a focus on practical applications and industry best practices, this program equips participants with the skills and knowledge necessary to drive supply chain excellence and propel their businesses toward long-term success.
Skill Attainment
The training will equip supply chain professionals with advanced knowledge and skills in inventory optimization and demand forecasting. By the end of this training, participants will be able to:
- Implement effective inventory management techniques such as stratification, ABC analysis, and EOQ models.
- Utilize demand forecasting methods and tools to predict future inventory needs accurately.
- Integrate sales and operations planning (S&OP) processes to align inventory levels with business objectives.
- Leverage technology solutions to enhance inventory management and operational efficiency.
This module empowers participants to transform their inventory management processes, driving operational excellence and ensuring a competitive edge in the manufacturing sector.
Agenda
- Key Concepts: The instructor will cover fundamental principles of inventory optimization and demand forecasting.
- Implementation: Participants will learn how to effectively apply these principles within their current operations.
- Sustainment: Strategies will be provided to ensure ongoing effectiveness in inventory optimization and demand forecasting practices.
Module 3: SIOP: Sales, Inventory, & Operations Planning
17-21 Hours –- Virtual
Training Description
The “SIOP: Sales, Inventory, & Operations Planning” module is designed for professionals in small to medium-sized manufacturing companies seeking to create clear business visibility and navigate risks and opportunities. SIOP is the cornerstone business process driving clarity and improvements in service levels, working capital, and labor. Participants will learn the fundamentals of SIOP, form cross-functional teams, define roles and responsibilities, manage data requirements, interpret demand/supply mismatches, conduct scenario planning, and finalize and communicate the SIOP plan effectively. This training is delivered virtually and is intended for key decision-makers and managers involved in various aspects of manufacturing operations and supply chain management.
Training Objective
By investing in this advanced SIOP training program, small to medium manufacturers can gain a competitive edge by optimizing their service levels, managing costs, and improving labor efficiency. With a focus on practical applications and industry best practices, this program equips participants with the skills and knowledge necessary to drive supply chain excellence and propel their businesses toward long-term success.
Skill Attainment
The training will equip supply chain professionals with advanced knowledge and skills in SIOP processes. By the end of this training, participants will be able to:
- Understand the overview of SIOP and its execution elements.
- Form a cross-functional SIOP team and define roles and responsibilities.
- Identify data requirements and sources, including sales, production, and inventory data.
- Interpret and reconcile demand/supply mismatches effectively.
- Conduct scenario planning and what-if analysis to prepare for various business situations.
- Become fluent in running a monthly SIOP plan and manage the SIOP cycle efficiently.
This module empowers participants to transform their SIOP processes, driving operational excellence and ensuring a competitive edge in the manufacturing sector.
Agenda
- Key Concepts: The instructor will introduce essential principles of sales, inventory, and operations planning.
- Implementation: Participants will explore how to integrate these principles into their existing operations effectively.
- Sustainment: The instructor will provide strategies to continuously improve and sustain sales, inventory, and operations planning processes.
If you have questions about these modules, please contact Evan Bates.