Effective Supply Chain Decision Making using Simulation
Center for Executive Education (CEE), IBA, hosted a two-day workshop on "Effective Supply Chain Decision Making using Simulation" on January 28 & 29, 2020 at City Campus, Karachi.
The objective of this workshop was better understanding of the interdependence of physical & financial supply chains, as this is an essential skill for the 21st century business managers. The training was conducted using The Cool Connection (TCC), a cross-functional business simulation.
Faculty: Dr. Rameez Khalid & Faisal Jalal
Following were the Key Learning points of this workshop:
- Supply Chain Management Overview
- Physical & Financial Supply Chains (SC): Differences
- Cash Conversion Cycle, O2C and P2P Processes
- Role of Collaboration b/w Functions for SC Optimization
- Creating efficiencies in Physical SC by focusing Financial aspects
- & Local vs. Global Optimization
- Understanding the Interdependencies of SC decisions
- Decision Dashboards for major Financial SC Functions
- Current Research on integrating SC with other functions
- 3 Rounds of TCC SC-Finance Simulation
- 4th & 5th Round – Bonus – as Take-home Exercise
Muhammad Azam, Manager, Feroze1888 Mills Ltd:
"Really wonderful session. Top leaders 'must' attend this session".