Achieving Competitive Advantage Through Supply Chain Course Overview

Prerequisites for Achieving Competitive Advantage Through Supply Chain [L5M7]

To successfully undertake the Achieving Competitive Advantage Through Supply Chain [L5M7] course, participants are expected to have the following minimum prerequisites:

• Achievement of the CIPS Level 4 Diploma in Procurement and Supply.

These prerequisites ensure that learners have a foundational knowledge of procurement and supply chain principles, which is essential for comprehending the advanced topics covered in this course. By meeting these requirements, students will be well-prepared to gain the expertise needed to improve organizational procurement and achieve competitive advantage.

Target Audience for Achieving Competitive Advantage Through Supply Chain

1. Achieving Competitive Advantage Through Supply Chain is designed for advanced procurement and supply chain professionals seeking to enhance their expertise and organizational performance.

• Senior Buyers
• Contract Managers
• Supply Chain Managers
• Procurement Managers
• Strategic Sourcing Specialists
• Inventory Control Managers
• Materials Managers
• Operations Managers
• Supply Chain Analysts
• Logistics Managers
• Procurement Officers
• Vendor Managers
• Category Managers

Learning Objectives - What you will Learn in this Achieving Competitive Advantage Through Supply Chain?

Introduction

The "Achieving Competitive Advantage Through the Supply Chain [L5M7]" course equips senior buyers, contract, and supply chain managers with critical insights and methodologies to enhance procurement efficiency, reduce costs, improve quality, and manage legal issues effectively.

Learning Objectives and Outcomes

• Understand the Dynamics of Supply Chains

  • Compare and define supply chains, supply networks, and supply chain management.
  • Analyze the added value from effective supply chain management, including improved quality, reduced costs, innovation, and risk reduction.
  • Study the relationship between organizational infrastructure and process management.

• Supply Chain Improvement Methodologies

  • Explore approaches to total quality management (TQM) and their application in supply chain improvement.
  • Utilize statistical methods for performance measurement, KPI development, data analysis, and create continuous improvement via methodologies such as Six Sigma.
  • Critically evaluate processes such as Just-in-Time (JIT), lean thinking, agile, and the 5S methodology for supply chain enhancement.
  • Examine the role of business process re-engineering (BPR) and benchmarking in achieving supply chain improvements.

• Achieving Competitive Advantage

  • Assess various sources of competitive advantage, including cost leadership and differentiation through innovation and customer care.