COURSE DESCRIPTION
Supply chain network design can deliver significant improvements in service, cost, and sustainability of an organization. This course introduces students to the methods, tools, analytics, and best practices associated with supply chain network optimization, and incorporates hands-on training with a leading commercial optimization software package. A holistic view is emphasized – balancing methodology, business goals, and the capabilities of software enablers. Students will learn how to build a model in LLamasoft Supply Chain Guru software.
HOW YOU WILL BENEFIT
Upon completion of this course, you will be able to:
- How to define a supply chain challenge in terms of an optimization model
- The capabilities and limitations of commercial supply chain optimization software
- Data required to support the building of a network model
- Best practices in managing data collection, cleansing, and validation
- Best practices in managing a network strategy project
- Differentiating types of network optimization projects and how the types relate to model structure
- Configuring and running and optimization model in a commercial software package
- The components of network optimization methodology including: defining, configuring, validating, executing, and summarizing
- Best practices in product group definition
WHAT IS COVERED
- Introduction to supply chain optimization: types, tools, relation to business goals, overview of methodology
- Best practices in project management and data management
- Hands-on lab: acclimation to software and defining nodes
- Optimization model building methodology and best practices
- Developing and defining cost components – facilities, transportation, inventory
- Hands-on lab: building lanes, costs, capacities
- Defining and managing scenarios
- Scenario output and review
- Incorporating external analysis
- Hands-on lab: exercising the model and evaluating output
ON-CAMPUS COURSE MATERIALS
- Notebook of slides, notes, exercises and project management tools and templates
COURSE PREREQUISITES
None.
CERTIFICATE INFORMATION
No prerequisites. This course is part of the Supply Chain Management (SCM) Certificate.
- In Campus Calendar
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No
- Groups
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H. Milton Stewart School of Industrial and Systems Engineering (ISYE), The Supply Chain and Logistics Institute (SCL), EMIL
- Invited Audience
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Public
- Categories
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Career/Professional development
- Keywords
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No keywords were submitted.
- Status
-
- Created By: Andy Haleblian
- Workflow Status: Draft
- Created On: Feb 22, 2016 - 10:16am
- Last Updated: Oct 7, 2016 - 10:16pm
