SCL Course: Tactical Decision Making in Inventory and Supply Chain Management

Event Details
  • Date/Time:
    • Wednesday May 15, 2019 - Thursday May 16, 2019
      9:00 am - 5:00 pm
  • Location: Georgia Tech Global Learning Center
  • Phone:
  • URL: https://pe.gatech.edu/global-learning-center
  • Email:
  • Fee(s):
    Please see course registration page
  • Extras:
Contact

info@scl.gatech.edu

Summaries

Summary Sentence: Inventory availability is the most important aspect of customer service, and the cost of inventory is one of the most important entries on a company's balance sheet.

Full Summary: This course will explore methodologies for tactical decision making including procurement and inventory policies, strategies for distribution and allocation of limited resources, and transportation decisions. It will assist in mitigating or reducing inventory variability and costs and increase service levels.

COURSE DESCRIPTION

Numerous tactical decisions must be made in the public and private sectors, e.g., in preparation or in response to one-time events as well as ongoing “routine” operations. Many of these decisions are concerned with the timely and efficient procurement, allocation, and distribution of resources (e.g. funds, supplies, staff) through a supply chain.  This course will explore methodologies for tactical decision making including procurement and inventory policies, strategies for distribution and allocation of limited resources, and transportation decisions.

WHO SHOULD ATTEND

  • Tactical & strategic members of governmental or non-governmental organizations or private sector
  • Members of Foundations who support activities that involve logistics and supply chain management
  • TITLES: Program Managers, Supply Chain Managers, Director of Operations, Disaster Relief Manager, Director of Logistics & Inventory, Logistics Officers

HOW YOU WILL BENEFIT

Upon completion of this course, you will be able to:

  • Optimize procurement decisions considering key factors affecting inventory policies such as lead time, variability, and product type (e.g., perishable goods).
  • Compare and contrast inventory techniques for a single event versus ongoing operations.
  • Evaluate resource allocation tradeoffs and develop policies for the allocation of scarce resources in alignment with the goals of the organization and the supply chain network.
  • Develop resource allocation strategies in alignment with the supply chain network structure.
  • Develop strategies for allocating resources incorporating the interdependencies of decisions across time and space.
  • Provide immediate impact to their organization through learnings gained from applied and real-world case studies
  • Discover current trends and procedures to help their organizations and team members get ahead and stay ahead of the curve
  • Build a critical knowledge base to make tactical decisions around inventory management and distribution
  • Deliver best-practices to measure and evaluate outcomes
  • Ultimately transform the sector with increased capacity to participate in planning and strategic decision-making for effective supply chain management

WHAT IS COVERED

  • Inventory
  • Network design
  • Resource allocation

ON-CAMPUS COURSE MATERIALS

Provided

  • Readings, case studies, spreadsheet files and lecture slides

Recommended

  • Laptop with Microsoft Excel and wi-fi capability

COURSE PREREQUISITES

No prerequisites.

CERTIFICATE INFORMATION

This course is part of the Supply Chain Management (SCM) Certificate and Health and Humanitarian Supply Chain Management Certificate.

PROGRAM TIMES

On the first day, please check in at least 30 minutes before the class start time.

  • First Day (9:00am-5:00pm)
  • Second Day (9:00am-5:00pm)

Related Links

Additional Information

In Campus Calendar
Yes
Groups

The Supply Chain and Logistics Institute (SCL), Center for Health and Humanitarian Systems (CHHS), H. Milton Stewart School of Industrial and Systems Engineering (ISYE)

Invited Audience
Public
Categories
Career/Professional development
Keywords
No keywords were submitted.
Status
  • Created By: jkim3096
  • Workflow Status: Published
  • Created On: Aug 23, 2018 - 10:05am
  • Last Updated: Aug 23, 2018 - 3:18pm