Supply Chain Management aims to equip Learners with an understanding of developing an efficient supply chain with regards to the significance of time management, logistical costs and inventory management.
Main Topics of Study:
Logistics and the Supply Chain
- Structuring the supply chain
- Material and information flow
- Competing through logistics
- Order winners and qualifiers
- Supply chain strategies
- Customer service and retention
Value and Logistics Costs
- Sources of value
- Representing logistics costs
- Activity based costing
- Balanced measurement portfolio
- Supply chain operations reference model
The Lead Time Frontier
- Time based mapping
- Time as a competitive advantage
- Lead time and P:D ratios
- Managing logistics timelines
- Method for implementing time based practices
Supply Chain Control and Agility
- Just-in-Time
- Quick response
- Vendor managed inventory
- Lean thinking and agile supply chains
Example Candidate Response Booklet
Example Candidate Response (ECR) Booklets are a source of crucial information for Centres and Candidates as they use real candidate responses. We ask Senior Examiners to comment on five or more responses in terms of why the mark was awarded with commentary about how to improve the answer (if necessary).
