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Coordination and Bullwhip-effect in Logistics & Supply Chain Management, and How to Solve it Increasing your Profit

Features Includes:
  • Self-paced with Life Time Access
  • Access on Android and iOS App

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Description

Unlock the full potential of your Supply Chain by solving coordination problems and minimizing negative issues the "Bull-whip Effect".

The phenomenon known as "The Bull-whip Effect" is found in all industries. This phenomenon is demonstrated to be the responsible for the systemic inefficiency that disseminates and gets amplified along the different companies and entities that pertain to a Supply Chain.

This course, being the first of a series of courses on related topics, will allow you to understand the main paradigm of Supply Chain Management, unleashing the ability to to further apply all the necessary tools and strategies for a correct and efficient management.

Completing this course you will be able to:

  • Understand the bull-whip effect, what causes it and how its nature affects the whole set of operations along the supply chain
  • Clearly identify the obstacles making the Bull-whip effect to prevail
  • Apply management strategies and tool-sets to diminish the negative impacts conveyed by the bull-whip effect, and even eliminating its presence altogether
  • Understand and apply operational tactics that enhance the logistics and operational performance in your supply chain
  • Formulate advanced collaborative strategies to unify your efforts with those of your logistics partners, thus improving profitability and reducing the information distortion
  • Know and compare practical cases, where the implementation of the tools we discuss here were successful and how they were implemented
  • Access information sources on this topic

Who this course is for?

  • Anyone interested to have a clear understanding in the interactions between companies in the industry
  • Professionals who want to refresh or strengthen their knowledge about Logistics and Supply Chain Management
  • Students of international business, supply chain management, business management, industrial engineering or other related disciplines
  • Entrepreneurs and business owners who purchase or sale locally and/or globally as part of their business
  • Logistics Managers
  • Sales Managers
  • Production / Operations managers

Basic knowledge
  • Basic understanding of business-related terms are beneficial, but not required

What will you learn

The main objectives of this course:

  • Understand the goal of Coordination in supply chain management, and the effects that the lack the coordination creates
  • Understand the obstacles that lead to a misaligned supply chain
  • Learn managerial strategies to achieve coordination and avoid the obstacles that prevent it
  • Learn coordinating operational tactics to improve profits and reduce operational expenses and costs
  • Establish a collaborative environment between companies to maximize coordination in the supply chain
  • Develop solid knowledge through practical cases, to enhance the implementation of the strategies learnt
Course Curriculum
Quiz Count: 4 No of Lectures: 20 Total Duration: 04:17:29
Reviews
Ayman Mohamed Hegazy Mohamed – June 29, 2022

Manfred Tanyi Takor – May 10, 2021

Hello, Thanks very much, for these analytical skills in modern supply chain and logistical organisations. Manfred

Manfred Tanyi Takor – May 10, 2021

Hello, Thanks very much, for these analytical skills in modern supply chain and logistical organisations. Manfred