Overview
Generally, a single company hardly controls the whole supply chain for a product or service. Going back to history, Ford Motors in the 1920s attained the vertical integration of a company that would do everything it needed by itself. However, in the end, General Motors would end up surpassing Ford as the largest company in the auto industry by promoting a model based on supply chains that included a myriad of companies located in different places with different functionalities. This model still prevails today but has become more complex due to changing customer requirements, competition, and the pressure brought about by adaptations to modern and integrated technology solutions designed to take the burden off the shoulders of the focus companies and their supply chain partners.
Supply chain studies and practice suggest that there are vast digital capability gaps in most supply chains, so training and developing understanding is a crucial first step. Then, being able to align digital transformation with business needs, involving all key departments in the planning and execution is essentially the next vital step. Technology can generate internal value by streamlining processes, functions, and activities, yet it can also, boost external value creation and delivery by developing a seamless environment across the firm’s supply network to ensure effective management of risks especially in financing supply chain activities during this period of uncertainty, high exchange rate fluctuation and inflation. Therefore, this workshop is designed to strengthen the ability to manage risk as it impacts using financing platforms to close gaps in working capital requirements among others.
Learning Objectives and Benefits
This three-day workshop is designed to enable the participants to achieve the following:
•Appreciate the organization’s corporate strategy and map the supply chain to identify the technology gaps among others.
•Assess the portfolio of your company’s technology and its competitive impact.
•Explore the adoption of specific technology to facilitate closure of the gaps such as the financial platform
Who should attend
Stakeholder in supply chain (Decision markers)
Structure and Curriculum
Module 1: Supply chain evolution
Understand the evolution of supply chain management.
Map the supply chain to identify gaps and opportunities.
Explore the formulation and the adoption of supply chain strategies for your peculiar business model.
Develop technological insights from the future trends in Supply Chain & Logistics Management.
Module 2: Technological Innovations in Supply Chain Management
Discuss the transformation that the operations and supply chain management sector is going through with the adoption of the Industry 4.0 paradigm.
Manage the barriers to adopting digital technologies.
Module 3: Supply Chain Finance
Explore and understand the different models for funding the supply chain activities.
Explore different factoring models and their suitability for various supply chain scenarios.
Mitigate financial risks through factoring and improvement of cash flow management in the supply chain.
Admission process
Faculty
Testimonials
Upcoming Sessions and Contact
For more information and inquiries, contact Umar Idris on +2349070400317 or via email uidris@lbs.edu.ng. You can also reach out via email to execedsales@lbs.edu.ng.