Program Overview: Globalization of economies has increased competitive pressure and has heightened customer expectations. Emerging manufacturing and supply chain technologies have a profound effect on the way organizations work and conduct their businesses. Organizations are focusing on supply chain and logistics process integration to bring efficiency, cost reduction, product visibility, and increase in productivity to add value to their services to customers and to gain competitive advantage. In this age of digital transformation-based competition, where manufacturing excellence and product innovations are no longer the sources of long-term competitive advantage, but the transformation of supply chain and logistics processes with adopting digital technologies. Today most global and national companies compete based on their logistics and supply chain digital innovation and adopting of fourth generation technologies. Since cost of distribution and logistics is a significant component of the total cost of operations, managers must understand the issues involved in logistics and supply chain management.
Supply chain integration is possible through disciplining of logistics management, which has advanced from warehousing and transportation to the boardrooms of successful companies across the world. Capabilities in Logistics supplement the supply chain operations. Efficiency and effectiveness of inventory movement across the supply chain depends on the capability of logistics management. Logistics has an important and a key role to play in customer service strategy of an organization. With the emergence of e-commerce, logistics operations have become more challenging than ever before because the competition is just a click away. Under these circumstances, supply chain and logistics mangers should understand the role of digital competencies and capabilities of their organizations to increase the sustainability in competitive world. Therefore, this course is specifically designed for experienced supply chain and logistics managers to enable digitalization of supply chain and logistics processes from a managerial perspective and equip them with ability to take decisions when faced with different situations in the corporate world.
Course Objectives:
- To develop an understanding of the various supply chain and logistics processes
- To develop and analyze the role of digital transformation of the supply chain and logistics processes.
- To analyze the effectiveness of supply chain and logistics processes in digital age
- To understand the roadmap for developing sustainable and industry 4.0 perspective of supply chain and logistics management
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