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Learning Supply Chain Management in 5 Easy Steps



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Supply chain knowledge is the process for improving a firm's business supply chain with expertise and knowledge. The process includes everything, from logistics and warehousing to inventory management, procurement, and operations management. The purpose of supply chain learning is to improve the effectiveness of a business's processes, such as delivering products on time and at the right price.

Online learning platforms or on-campus classes at colleges and university are two ways to learn about supply chain management. These platforms allow students the flexibility to schedule their classes and earn certifications.

The UT Dallas Supply Chain Learning Center provides a range of courses, and an online community for students to interact with professors and fellow students. This is a good resource to find other supply-chain professionals and career opportunities.

Perspective Course: Supply chain is a network of complex companies, all of whom contribute to the success of an organization's product. This perspective course explores how the digital economy is changing how companies structure and function their supply chains, and what these changes mean for businesses.


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This course would be ideal for those who are interested in the future impact of the supply-chain on their professional life.

Coursera's supply chain course offers a self-paced, free option for those who wish to learn the fundamentals of supply chain management. It features short videos and exercises that provide a comprehensive overview of the field, including the use of standardized measurement tools and performance metrics.


The Coursera Supply Chain course also includes case studies which demonstrate how supply chains have changed as a result technological advances and economic factors.

Coursera’s online platform allows students to take a wide range of courses at leading universities from the comfort of home or their office. The platform is designed to be user-friendly, with interactive video lessons, exercises, quizzes, and more.

Supply Chain Coursera provides a free high-quality, online education platform in partnership with top universities from around the globe. The platform offers courses taught by professors from top institutions.


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This course is free and teaches students about the supply chain basics, including its importance for an organization's growth. They will also discover how to use the key supply chain management systems and technologies.

Another important part of the course is learning how to design and manage supply chain flow, which involves managing product, information, and financial data. This is an essential skill for anyone who wants to become a successful supply chain manager.

Supply chain management is an ever-evolving field, which requires continuous training to stay competitive and current. Investing in good supply chain management training is therefore essential for your employees. If you give your workforce the right training, and create a supportive environment for them, they will have the knowledge to succeed.




FAQ

Why is logistics important for manufacturing?

Logistics is an integral part of every business. Logistics can help you achieve amazing results by helping to manage product flow from raw materials to finished products.

Logistics also play a major role in reducing costs and increasing efficiency.


Can certain manufacturing steps be automated?

Yes! Yes! Automation has existed since ancient times. The Egyptians discovered the wheel thousands and years ago. We now use robots to help us with assembly lines.

In fact, there are several applications of robotics in manufacturing today. These include:

  • Robots for assembly line
  • Robot welding
  • Robot painting
  • Robotics inspection
  • Robots that create products

There are many other examples of how manufacturing could benefit from automation. For instance, 3D printing allows us make custom products and not have to wait for months or even weeks to get them made.


What are the products and services of logistics?

Logistics involves the transportation of goods from point A and point B.

These include all aspects related to transport such as packaging, loading and transporting, storing, transporting, unloading and warehousing inventory management, customer service. Distribution, returns, recycling are some of the options.

Logisticians ensure that the right product reaches the right place at the right time and under safe conditions. They help companies manage their supply chain efficiency by providing information on demand forecasts, stock levels, production schedules, and availability of raw materials.

They keep track and monitor the transit of shipments, maintain quality standards, order replenishment and inventories, coordinate with suppliers, vendors, and provide support for sales and marketing.


What does warehouse mean?

Warehouses and storage facilities are where goods are kept before being sold. It can be an outdoor or indoor area. It may also be an indoor space or an outdoor area.


What is the role of a production manager?

Production planners ensure that all project aspects are completed on time, within budget and within the scope. They also ensure that the product/service meets the client’s needs.


What is the job of a logistics manger?

A logistics manager makes sure that all goods are delivered on-time and in good condition. This is achieved by using their knowledge and experience with the products of the company. He/she must also ensure sufficient stock to meet the demand.



Statistics

  • Many factories witnessed a 30% increase in output due to the shift to electric motors. (en.wikipedia.org)
  • In the United States, for example, manufacturing makes up 15% of the economic output. (twi-global.com)
  • According to a Statista study, U.S. businesses spent $1.63 trillion on logistics in 2019, moving goods from origin to end user through various supply chain network segments. (netsuite.com)
  • Job #1 is delivering the ordered product according to specifications: color, size, brand, and quantity. (netsuite.com)
  • (2:04) MTO is a production technique wherein products are customized according to customer specifications, and production only starts after an order is received. (oracle.com)



External Links

investopedia.com


unabridged.merriam-webster.com


bls.gov




How To

How to use Lean Manufacturing in the production of goods

Lean manufacturing is a management style that aims to increase efficiency and reduce waste through continuous improvement. It was first developed in Japan in the 1970s/80s by Taiichi Ahno, who was awarded the Toyota Production System (TPS), award from KanjiToyoda, the founder of TPS. The first book published on lean manufacturing was titled "The Machine That Changed the World" written by Michael L. Watkins and published in 1990.

Lean manufacturing, often described as a set and practice of principles, is aimed at improving the quality, speed, cost, and efficiency of products, services, and other activities. It emphasizes the elimination and minimization of waste in the value stream. Lean manufacturing is called just-in-time (JIT), zero defect, total productive maintenance (TPM), or 5S. Lean manufacturing eliminates non-value-added tasks like inspection, rework, waiting.

In addition to improving product quality and reducing costs, lean manufacturing helps companies achieve their goals faster and reduces employee turnover. Lean manufacturing has been deemed one of the best ways to manage the entire value-chain, including customers, distributors as well retailers and employees. Lean manufacturing is widely used in many industries. Toyota's philosophy, for example, is what has enabled it to be successful in electronics, automobiles, medical devices, healthcare and chemical engineering as well as paper and food.

Five basic principles of Lean Manufacturing are included in lean manufacturing

  1. Define Value- Identify the added value your company brings to society. What makes you stand out from your competitors?
  2. Reduce waste - Stop any activity that isn't adding value to the supply chains.
  3. Create Flow - Ensure work moves smoothly through the process without interruption.
  4. Standardize & Simplify - Make processes as consistent and repeatable as possible.
  5. Build relationships - Develop and maintain personal relationships with both your internal and external stakeholders.

Although lean manufacturing has always been around, it is gaining popularity in recent years because of a renewed interest for the economy after 2008's global financial crisis. Many businesses have adopted lean production techniques to make them more competitive. Some economists even believe that lean manufacturing can be a key factor in economic recovery.

Lean manufacturing has many benefits in the automotive sector. These include higher customer satisfaction, lower inventory levels, lower operating expenses, greater productivity, and improved overall safety.

You can apply Lean Manufacturing to virtually any aspect of your organization. However, it is particularly useful when applied to the production side of an organization because it ensures that all steps in the value chain are efficient and effective.

There are three types of lean manufacturing.

  • Just-in Time Manufacturing, (JIT): This kind of lean manufacturing is also commonly known as "pull-systems." JIT refers to a system in which components are assembled at the point of use instead of being produced ahead of time. This approach aims to reduce lead times, increase the availability of parts, and reduce inventory.
  • Zero Defects Manufacturing, (ZDM): ZDM is focused on ensuring that no defective products leave the manufacturing facility. It is better to repair a part than have it removed from the production line if it needs to be fixed. This applies to finished products, which may need minor repairs before they are shipped.
  • Continuous Improvement (CI),: Continuous improvement aims improve the efficiency and effectiveness of operations by continuously identifying issues and making changes to reduce waste. Continuous Improvement (CI) involves continuous improvement in processes, people, tools, and infrastructure.




 



Learning Supply Chain Management in 5 Easy Steps