Program Schedule: Day 1: 9-00AM to 5-15PM+

 Introduction

Participants and faculty introduce themselves and issues of participants interest are listed

Concept of Supply Chain and constituents of Cost

supply chain as a pipeline serving the customer - cost reduction in supply chain perspective – value to customer – concepts of cost and price – economics of customer satisfaction - management by objectives - domains of cost – elements of supply chain costs – materials, conversion, overheads, logistics, time – typical examples – cost profiles of different industries
 

Product focused approaches

Value engineering, value analysis & target costing - difference in the basic approaches – procedure and methodology - objective assessment of value – target costing to meet the customer expectations – importance of concurrent engineering - Activity Based Costing (ABC) – Direct Product Profitability (DPP)
 

Cost & effect (cases and discussions)

Five practical cases of cost related decisions and total cost perspective
 

Buyer’s tools

Comparison - cost-benefit analysis – cost effectiveness – landed cost – lifetime cost – international comparison – package deals– total cost approach – supplier mix - cost estimation – negotiations – reverse auction – net based, ‘automated’ negotiations
 

Q & A

Program Schedule: Day 2: 9-00AM to 5-15 PM+

Scope in logistics

Optimized service - late configuration – consolidation – load analysis – breakeven loads, multi modal transport – transport cost optimization – inventory management approaches – MRP2 and JIT – Push and Pull philosophies – logistics costs optimization with trade off – Simulation Modeling in Inventory
 

Contribution of process and quality

Cost of quality – impact throughout the supply chain – philosophy of process management and continuous improvement - Quick Tool Change and flexibility – multi skilling – Impact of communication and IT on planning and co-ordination in supply chain – improving speed, quality, flexibility, asset productivity of operations – automation for flexibility – decision support systems – evaluation of cost impact
 

Potential in supply chain integration

(Stories & discussions)

Four stories of excellence of how some Indian and Global companies improved their supply chains by integrating along and across the supply pipelines
 

Managing cost reduction

Cost management system in an organization – monitoring costs – project approach: top down Vs participatory continual improvement - motivational issues – reporting – market research and price tracking – cost standards – performance measurement special cases – commodity price tracking - spares purchase – supplier relationship – development cost
 

Q & A