The Blockchain technology is far surpassing its importance in cryptocurrency into the industrial sector. Combined together with the “internet of things” the technology is revolutionizing the outcome of doing business. Transparency, productivity and efficiency are the key mantras for a successful organization that can have a competitive advantage.
This Logistics & Supply Chain Management in the Energy Sector training course is aimed at both suppliers and buyers as well as internal users who need an overview of the key drivers involved when viewing logistics from the demand and supply point of view, and that delegates are able to:
- Understand the application of Blockchain and “Internet of things”(IOT) in Supply Chain in view of the energy sector
- Understand how to manage inventory critical to support the operations and apply key techniques to control lead time in the movement of goods and materials to internal users
- Find the right total cost of ownership in the acquisition of operational inventory
- Manage suppliers in meeting your key performance indicators
- Establish a better on cost optimization
Participants attending this Energy Training Centre training course will:
- Understand the insights into the developing logistics and Supply Chain in achieving competitive advantage through Blockchain technology and IOT
- Analyze the impact of logistics and supply chain management on costs and financial performance that influence the energy sector
- Learn the approaches and frameworks that can be applied to different types of Supply Chain Model
- Apply the latest thinking on supply chain strategy, planning and execution
Participants will learn by active participation during the training course through the use of exercises, questionnaires, syndicate and group discussion, training videos and discussions on "real life" issues in their organizations.
This training course will adopt Gagne’s nine levels of instruction that will allow the participants to recall the current organization’s practices and review and apply new strategies. The participants would be able to bring back the acquired knowledge to be adopted in the organization on their return.
The participants will have an opportunity to review their current operations and practices and:
- Appreciate how competitive advantage can be achieved within dynamic market places together with technology
- Understand the impact of enhanced logistics and supply chain performance on the overall profitability of the organization
- Acquire knowledge to address and overcome Supply Chain Risk
- Recognition of the value of working across business functions within the organization
- Get an insight of how to establish action plan to improve logistics and supply chain performance
- Understand of the benefits of Total Cost of Ownership
Gain insights into the technological developments in the current market place in Blockchain technology:
- Appreciate the financial impacts and benefits that effective supply chain management can bring to the organization
- Determine how time builds up in supply chains and that time is cash
- Be able to understand, recall and apply improvements after the training course for work based application
- Apply best in class practices
- Learn from other delegates’ experiences and practices
This Logistics & Supply Chain Management in the Energy Sector training course is beneficial for operational and management personals in decision making at different and especially for:
- Supply Chain Managers and Executives looking at thought leadership of their own supply chain
- Purchasing Executives, helping to bring them up to speed with the latest thinking, frameworks, tools and implementation
- End-users, manufacturing managers and operational executives who are seeking to understand supply chain integration or who need to understand the impact of supply chain decisions upon their company's performance
- Enterprise Resource planning personnel who are involved in creating a more robust technology for Supply Chain
DAY ONE: DEFINITIONS OF LOGISTICS AND THE SUPPLY CHAIN IN THE ENERGY SECTOR
- Definitions of Logistics and Supply Chain Management
- Evolution of logistics to Supply Chain in the Oil and Gas Industry
- Understanding the different types of Supply Chain Model
- Understanding the impact of Logistics in the current business environment
- Supply Chain Operations Reference Models (SCOR) -Plan, source, make, deliver and return
- The Total Cost of Ownership
DAY TWO: THE INFLUENCE OF TRANSPORTATION SUPPLY CHAIN IN THE ENERGY SECTOR
- The Role of Transportation in the Energy Sector
- Key Management Decisions on Shipping
- International Commercial Terms in Transportation
- Implications on the liabilities and responsibilities on the shipper and importer
- Documentation in Transport Management
- An insight into Hazardous Materials Transportation
DAY THREE: PERFORMANCE AND RISK MITIGATION IN SUPPLY CHAIN AND PROCUREMENT MANAGEMENT
- The differences between Procurement and Purchasing
- Understand and appreciate the role of Procurement and Purchasing?
- Identify Key Performance Indicators (KPI) in Procurement
- Supply Chain Risks mitigation in operations, Inventory Control, financial and security
- Manage the Procurement Process and the Supplier Base using Kraljics Matrix
- Categorization of spares inventory
DAY FOUR: INVENTORY MANAGEMENT
- Application of Pareto Law in Inventory optimisation
- ABC analysis to better control cost and waste
- Selective Inventory Control Management
- The application of Kraljics Matrix in inventory categorisation
- Reducing Excess and Obsolete Inventory
- Improving the Organisation’s Logistics and Supply Chain
DAY FIVE: THE BLOCKCHAIN TECHNOLOGY AND IOT IN THE INDUSTRIAL REVOLUTION 4.0 INFLUENCING SUPPLY CHAIN MANAGEMENT
- The Basics of Blockchain Technology
- The implication of Blockchain in Logistics to the Organisation
- Identify and Recognize Internet of Things
- Explain, Discuss and Review
- How internet of things have changed how logistics and supply chain operation
