Global Logistics Strategy [L6M10]©


Module Purpose
On completion of this module, learners will be able to assess the strategic logistical implications of globalisation and evaluate global governance of the supply chain and the concept of reverse logistics

Module Aim
Globalisation generates significant opportunities as well as increased risks for organisations. This means that global logistics strategy, the flow of resources and information between a business or source and the consumer is regarded as a key element of organisational success. Personnel responsible for leading and developing global logistics strategy are seen as significant contributors to competitive advantage and overall business success. This module is designed for procurement and supply leaders who are responsible for global logistics strategy and who require knowledge and understanding of the associated challenges, governance and requirements for successful strategic implementation.

CIPS Level-4 Certification and Training or Course-0075

Certified Inventory Optimization Professional
CIOP is a global supply chain management and inventory management certification program exclusively developed for corporations to optimize the inventory in their supply chain. CIOP teaches the global best practices in 30 modules over 90 hours of live, faculty-led, online training. It is founded on Inventory Management Body of Knowledge (IMBoK) version 3.0. CIOP is a comprehensive program includes training, reference material, Learning Management and Assessment System (LMAS), examination and certificate.

The LMAS contains classroom presentations, classroom notes, video lessons, audio lessons, quizzes, reference materials, terminologies and articles recommended by faculty.

The CIOP Examination is 3 hours, online, proctored examination with 180 multiple-choice questions. The participant needs to secure 70% of the maximum score (360 marks) to pass in the examination.

You can learn more about the CIOP certification in the below links:
CIOP Website: https://pages.fhyzics.net/ciop 
Faculty Profile: https://pages.fhyzics.net/principal-consultant

Click here to request quote for the CIOP certification program.

CIPS Level-4 Certification and Training or Course-0076

Fhyzics Business Consultants is an Approved Study Centre of Chartered Institute of Procurement and Supply (CIPS), UK and offering all the modules under Level-2, Level-3, Level-4, Level-5, and Level-6. During this current COVID-19 pandemic, the classes are offered in distance and self-study modes. For more questions related to our CIPS programs, please speak to our Manager-Certifications at +91-900-304-9000 or email at certifications@fhyzics.net.

Online, Instructor-Led Training Program on Global Logistics Strategy [L6M10] Module of Professional Diploma in Procurement and Supply, CIPS, UK

CIPS Level-4 Certification and Training or Course-0077

Mode of Delivery: Online
Mode of Teaching: Using the Presentation Deck from CIPS, UK
Duration: 3 Hours
Faculty: Venkadesh Narayanan, CIPS Recognized Instructor
Reference Material: L6M10 Study Guide
Level-6: Professional Diploma in Procurement and Supply

CIPS Level-4 Certification and Training or Course-0078

CIPS Level-4 Certification and Training or Course-0079

1.0 Understand the strategic logistical implications of globalisation
1.1 Evaluate the logistics challenges that globalisation presents
• Consequences for inventory handling and transport such as:
   • Centralised vs. regionalised inventory holdings
   • International logistics practices – storage and handling practices
   • Extended transportation pipelines and time to market – obsolesce and inventory holding costs
• Global consolidation
   • Economies of scale and batching
   • Price and currency fluctuation
   • Multiple freight modes and cost
• Location analysis
   • Trade-offs between responsiveness to local markets and economies of scale
1.2 Assess the structure of a global strategic logistics and supply chain network
• Layering and tiering
   • Information flow and coordination
   • 3 and 4PL
   • Influence of Original Equipment Manufacturers (OEM) 
   • Time horizons – preparation, finalisation, shipment and delivery
• Individual plants
   • Changing role of distribution centres
   • Flexibility to respond to local markets
   • Response to governmental incentives – adjusting taxes, incentives and infrastructure to favour selection
• Reconfiguration processes
   • Changing the global pipeline
   • Local vs. global postponed manufacturing
1.3 Assess the strategic logistical risks of globalisation and the associated responses
• Supply chain volatility:
   • Geopolitical threats
   • Transportation and/or pipeline breakdowns
   • Security threats
• Responses such as:
  • Inventory policies and levels
  • Transport network redesign
  • Sole vs. global trading arrangements
  • Contingency planning and risk protocols

2.0 Understand global governance of the supply chain
2.1 Contrast the strategic influences on globalised supply chain governance
• Geographical spread and supply chain/network complexity
• Coordination between units and elements of the supply chain/network
• Embedded teams vs. virtual centralisation
• ‘Decentralised centralisation’ - central reporting and working but not centrally co-located
• Incorporating new regions into global governance
• The flow of goods vs. the flow of ownership
2.2 Assess the impact of international legislation on the globalised supply chain
• The role of international courts in deciding precedence
• Which legal system is generally accepted by all parties – multiple countries passed through during the course of the trade
• Which court has jurisdiction over form of contract, disputes, underperformance etc. – exporter, importer or third country
• Legal considerations in global markets, shipment, insurance, handling, clearance, payment and other related matters

3.0 Understand the concept of reverse logistics and its impact on global logistics strategy
3.1 Assess the concept and requirements of reverse logistics
• What is reverse logistics
   • Waste reduction
   • Point of consumption back to point of origin
• Why is the concept becoming more influential:
   • Product returns
   • Repairs and maintenance
   • Reuse
   • End of life returns and recycling or dismantling
3.2 Assess the strategic factors which influence reverse logistics
• Government policy and legislation
• Economic considerations
   • Increasing landfill costs
   • Increasing cost of disposal vs. profit from recoverable manufacturing
• Environmental considerations
   • Triple bottom line and sustainability
   • Corporate Social Responsibility
   • Green logistics
• Buying sets of services
   • E.g. include maintenance contract covering repairs and parts – return of broken products and take back at life-end
3.3 Contrast factors that influence strategic reverse logistics
• External factors such as:
   • Legislation
   • Customer demand
   • Incentives
• Internal factors such as:
   • Environmental concerns
   • Strategic cost/benefits
   • Volume and quality returns
   • Resource
   • Integration and coordination
3.4 Compare factors which affect the implementation of reverse logistics strategy
• No infrastructure and insufficient resources
• Difficult to forecast flow and composition
• Not a priority
• Driven by legislation and not identified business value
• Regarded as an additional cost
• Unpopular as regarded as a sign of failure

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Written by Venkadesh Narayanan

Venkadesh is a Mechanical Engineer and an MBA with 30 years of experience in the domains of supply chain management, business analysis, new product development, business plan and standard operating procedures. He is currently working as Principal Consultant at Fhyzics Business Consultants. He is also serving as President, PDMA-India (an Indian affiliate of PDMA, USA) and Recognised Instructor of APICS, USA and CIPS, UK. He is a former member of Indian Civil Services (IRAS). Fhyzics offers consulting, certification, and executive development programs in the domains of supply chain management, business analysis and new product development.

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