Logistics Fundamentals

Day 1: Introduction to Logistics

1. The Evolving Landscape of Logistics: Understanding the impact of globalization, e-commerce, and technological advancements on the supply chain.
2. Logistics Fundamentals: Exploring core concepts like transportation, warehousing, inventory management, and order fulfilment.
3. Logistics Costs and Performance Measurement: Identifying key performance indicators (KPIs) for evaluating logistics effectiveness and optimising costs.
4. Case Study: Analysing a Real-World Logistics Challenge

Day 2: Transportation Management

• Transportation Modes: Comparing and contrasting different modes (road, air, ocean, rail) and their suitability for various needs.
• Freight Forwarding and Third-Party Logistics (3PL): Understanding the role of these service providers in modern logistics.
• Routing and Scheduling Strategies: Optimizing transportation routes and schedules for efficiency and cost-reduction.
• International Trade Considerations: Discussing customs regulations, documentation, and Incoterms (International Commercial Terms).

Day 3: Warehousing and Inventory Management

• Warehouse Design and Layout: Optimising warehouse space utilisation and material flow.
• Warehouse Management Systems (WMS): Exploring technology solutions for efficient warehouse operations.
• Inventory Management Techniques: Implementing methods like Just-in-Time (JIT) and ABC classification.
• Inventory Control and Forecasting: Predicting demand and managing stock levels to avoid shortages or overstocking.

Day 4: Risk Management and Technology Adoption

• Identifying and Mitigating Logistics Risks: Strategies for managing disruptions, delays, and potential losses throughout the supply chain.
• Insurance and Risk Management Tools: Understanding insurance options and risk mitigation strategies for cargo movement.
• The Role of Technology in Logistics: Exploring emerging technologies like blockchain, automation, and artificial intelligence (AI) in supply chain management.
• Implementing Technology for Improved Visibility and Control: Identifying appropriate technology solutions for your specific needs.
• Group Discussion: The Future of Logistics - Impact of Technology

Day 5: Collaboration and Supply Chain Management

• Building Strategic Partnerships: Importance of collaboration with suppliers, carriers, and other stakeholders in the supply chain.
• Optimising Supply Chain Performance: Integrating different logistics functions for seamless flow of goods and information.
• The Importance of Communication: Developing effective communication strategies within the supply chain network.
• Continuous Improvement: Strategies for ongoing performance evaluation and improvement in logistics operations.