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.
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.
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
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
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
Keywords: eprocurements, e procurement, procurement, purchase, purchase order, purchase order format, e procurement tenders, purchase meaning in hindi, e procurement tata steel, purchase meaning, ntpc eprocurement, defence eprocurement, e procurement tatasteel, central e procurement, po system, govtprocurement, iocl e procurement, cg e procurement, bpcl eprocurement, purchase requisition, procure to pay, ntpc e procurement, online tendering, procurement process, hire purchase meaning, purchasing management, procurement is, strategic sourcing, procurement management, eprocurement ntpc, eprocurement central, procure, purchase order sample, procure to pay process, mes e procurement, po format, e procurement system, procurement logistics, cpp eprocurement, sourcing ariba, impulse buying, procure to pay cycle, reverse tendering, purchase account, purchase procedure, hpcl eprocurement, e tenders central, purchase order template, purchase invoice, purchase order meaning, purchase meaning in tamil, ongc e procurement, purchase order format in word, purchasing executive, po sap, procurement prices, purchasing processes, public procurement, procurement cycle, purchasing cycle, sale purchase, material purchase, govt e procurement, purchase order process, sourcing and procurement, purchase meaning in bengali, purchase order table in sap, to create purchase order press, purchase requisition in sap, sbi procurement, government e procurement , purchase of stock in trade, bhel eprocurement, tata e procurement, procurement in business, hal e procurement, sale and purchase, sap purchase requisition table, government eprocurement system, purchase method, bel e procurement, eprocurement iocl, procurement softwares, procurement strategy, source to pay, types of procurement, blanket purchase order, outright purchase, purchase requisition meaning, sap purchase order, material procurement, impulsive buyer meaning, local purchase, purchase office, cpp e procurement, railway e procurement, procurement specialists, procurement portals, government procurement, purchase price, indirect procurement, blanket po, impulse purchase, it procurement, procurement planning, purchase order format doc, mes procurement, government e tenders, purchase order template excel, higher purchase, ariba procurement, purchase order template doc, purchase order example, purchase order procedure, procurement executive, sap procurement, purchase day book, procurement cost, purchase cost, procurement consulting, hire purchase finance, central public procurement, bhel e procurement, p2p cycle in sap mm, e procurement tata, procurement service, procurement and supply chain management, procurement procedure, project procurement management, bulk purchase, stock purchase, forward buying, centralized purchasing, oracle procurement, purchasing system, procurement and purchasing, hire purchase example, indian oil eprocurement, bhel tenders e procurement, e procurement nic, purchase request, point of sale display, procurement system, purchase price variance, po order, purchase order software, direct procurement, purchase to pay process, procurement contract, strategic sourcing process, strategic purchasing, supply chain procurement, procurement life cycle, purchase from, e tendering system, purchase on account, outright purchase meaning, credit purchase meaning, procure to pay process in sap, p2p process in accenture, purchase management ppt, procurement in supply chain management, tata steel procurement, procurement in tamil, raw material procurement, central government e procurement, midhani e procurement, hsl e procurement, defense eprocurement, purchase to pay, purchase contract, purchase discount, world bank procurement, coupa procurement, impulse shopping, asset purchase, direct purchase, types of sourcing, indirect purchasing, food procurement, procurement operations, source to pay process, create purchase order, centralised purchasing, direct and indirect procurement, procurement of funds, cpp procurement, ecil eprocurement, sap procurement process, procurement cycle in sap mm, procurement in hrm, oracle p2p cycle, vms procurement, eprocurement of mes, tata steel e procurement b2b, purchase audit, global procurement, purchase meaning in urdu, purchasing and supply chain management, project procurement, digital procurement, procurement company, procurement management system, procurement process cycle, purchase order management, e procurement process, p2p procurement, procurement sourcing, procure to pay cycle in sap with tcodes, vendor management in procurement, abc procurement bhel, spend analysis procurement, p2p accounts payable, tata procurement, eprocurement bel, dps eprocurement, purchase order number, to purchase, purchase order system, po template, po purchase order.
procurement certification, procurement training, cips certification, purchase certification,cips courses, procurement courses, cips training, purchase training, certified procurement professional,certified purchasing professional, procurement courses online, cips certificate, cips level 2,procurement training for beginners, procurement training 2019, procurement management courses, purchasing and supply management courses, public procurement training courses, procurement and contract management online courses, procurement learning, procurement training courses, procurement and logistics courses, purchasing and supply courses, procurement and supply chain management courses, procurement certification online, certified procurement manager, chartered institute of purchasing and supply courses, cpp certification purchasingcips certification cost, procurement courses online free, best procurement certification, public procurement courses, certified international procurement professional, public procurement certification, procurement certification training, procurement management training,cips courses online, purchasing manager certification, purchasing management courses,purchase course, procurement professional courses, cpm certified purchasing manager, certificate in procurement and supply operations, procurement negotiation training, top procurement certifications, procurement classes, cppm certification purchasing, certified public procurement officer, cips training courses