Supply Chain Dynamics

COURSE OVERVIEW & OBJECTIVES

In a world of growing complexity, many of the most vexing problems facing managers arise from the unanticipated side-effects of their own past actions. In response, organizations struggle to speed learning and adopt a more systemic approach. Thus, we need practical tools that help managers understand complexity, design better operating policies, and guide effective change.

This program introduces participants to system dynamics, a powerful framework for identifying, designing, and implementing supply chain strategies. It has been used successfully in diverse industries and organizations, such as Airbus, Compaq, General Motors, Hewlett-Packard, Intel, and Merck. Developed at MIT more than thirty years ago by computer pioneer Jay Forrester, systems dynamics led to the creation of management flight simulators that allow managers to experience the long-term side effects of decisions, accelerate learning, and design structures and strategies for greater success.

KEY TAKE-AWAYS

• Understand the principles of systems thinking

• Learn the practical method of putting the principles into action

• Grasp the application of various techniques and tools such as mapping and simulation models in your supply chain

CONTENTS / COURSE OUTLINE

• Introduction to system thinking

• Casual loop diagram

• Stock and flow

• Simulation and analysis

• Supply chain models

WHO SHOULD ATTEND

CEOs, VPs, Directors and Senior Management Executives responsible for driving business and operational excellence at their companies across all industry sectors (manufacturing, services, transportation…)

FACILITATORS

MISI FACULTY, MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT)

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For further information and registration, please email to us at media@cel-consulting.com