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logistics-iconLogistics

Focus:

Warehouse management, transportation management, Technology, Policies, Supply Chain Management, Planning, Strategy, Operations Management, Business Studies.

Used in:

Supply chain management courses, graduation and post-graduation, logistics training programs, and professional development for individuals in the logistics and transportation sectors. Relevant in industries such as manufacturing, e-commerce, and distribution.

Case scenario:

As a Logistics consultant for a 4PL company, the participant manages contracts with four diverse clients and makes decisions regarding inbound logistics (city-to-warehouse movements) and outbound logistics (inter-city movements). This involves factors such as transportation modes, warehouse policies, technology integration, and sustainability, optimizing costs, minimizing turnaround time, and ensuring theft and management control.

Participant tasks:

Participants are responsible for overseeing inbound and outbound logistics for four clients. The company has existing contracts outlining Share of Business, Turn Around Time (TAT), and Fragility of Goods. This crucial information must be assessed for strategic planning. Key tasks include selecting the appropriate inventory policy, allocating docks based on order ratios, determining transportation modes, and warehouse policies, and integrating technology and sustainability.

Key learning areas:

The objective is to incorporate sustainability, optimize logistics, control costs, and ensure exceptional customer satisfaction. 

Key success factors:

Success hinges on participants' grasp of logistics management, acknowledging the essentiality of optimizing costs through varied operational approaches to meet client needs and achieve superior customer service.

Expected outcome:

Participants acquire hands-on experience and refine their decision-making skills in navigating diverse logistical scenarios, preparing them for effective performance in practical logistics roles or consultancy positions.

Adaptability:

The platform offers powerful user-level customization options where the educator can change the storyline, parameters, difficulty level, languages, and currency for different target groups and experience levels. The platform provides a tool where participants' feedback and assessments can be done by AI. In addition, the platform also has the capability of recording engagement, conducting quizzes, and a forum for doubt-solving.

Available languages:

English, Hindi, Tamil, Telugu, Kannada, Marathi, Bengali, Malayalam, Odia, Gujarati, Punjabi.

Our microsimulations portfolio

local-business-icon
Local Business

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Design Thinking

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Innovation

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Ecommerce

it-management-icon
IT Management

accounting-icon
Accounting

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CVP Analysis

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Financial Analysis

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Capital Budgeting

portfolio-management-icon
Investment Portfolio Management

mergers-icon
Mergers & Acquisition

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Ordering Basics

logistics-icon
Logistics

value-chain-icon
Value Chain

pricing-icon
Pricing

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Promotions & Segments

segmentation-icon
Segmentation, Targeting & Positioning

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Sales Management / Sales & Targets

consumer-behavior-icon
Product & Consumer Behaviour

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Customer Relationship Management

HR Management
Human Resources Management

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Human Resources Planning

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Change management