Optimization, Simulation & Modelling in Supply Chain & Logistics Management (synchronous E-Learning)

• Explore application of technology in supply chain and logistics for optimisation, simulation and modelling to achieve efficiency
• Understand how supply chain management systems equipped with analytics and simulation-based decision support will enable optimisation according to requirements to increase efficiency, agility and the bottom line
• Appreciation of how simulation modelling can enable logisticians to manage supply chain complexity, increase profitability and improve customer service to enhance competitiveness
• Bring visibility to and learn latest technologies from Centres of Excellence and/or Centres of Supply Chain Innovation
• Understand how to use strategic network design for location of new manufacturing sites and distribution network
• Set up of e-commerce distribution network and location of key warehouse sites to optimize delivery and customer service

What You'll Learn

This module explores how application of technology in supply chain and logistics can be used for optimisation, simulation and modelling to maintain efficiency. Simulation modelling will enable logisticians to manage complexity, increase profitability and improve customer service to enhance competitiveness. Understand how supply chain management systems equipped with simulation-based decision support enable optimization according to requirements to increase efficiency, agility and the bottom line.