Certified Master in Supply Chain

Management and Logistics

VS-1440
 Certified Master in Supply Chain Management and Logistics

Certified Master in Supply Chain

Management and Logistics
Certification Code VS-
VS-1440
Organizations are now recognizing the relevance of the logistics and supply chain as a
revenue generation function for the company and not just a cost center. The ever changing
and complex markets have put increased focus on optimizing logistics and supply chain, to
better serve customers.

With the aim to be competitive in the global and digitally linked marketplace, executives
and managers must transform their business approach and conventional supply chain
practices, and embrace new capabilities for generating more value.

Vskills certification for SCM and Logistics, assess candidates in various skill areas of the
domain. It also empowers an individual to be a more skilled and effective Logistics and
SCM professional.

Why should one take this certification?

Logistics and SCM have gained immense focus and growth due to increased globalization
and e-commerce due to increased digital connectivity. Professionals and students can gain
vastly by, opting for this course.

The Master in Supply Chain Management and Logistics exhaustively covers all domains of
logistics and supply chain as – Logistics and SCM Management, Freight Transport,
Procurement and Materials Management, Warehousing and Inventory Management,
Distribution Management and Strategic Logistics and SCM.

The goal of the certification is to update, assess and certify you on the key Logistics and
SCM competencies required to function as a senior executive.

Who will benefit from taking this certification?

Acquiring knowledge in various facets of Logistics and SCM, ensures you are ready to
handle any challenge. The certification provides you with self-confidence and skills to lead
your team to success in your organization. The certificate adds perspective to broaden your
horizon effective decision making and leading the team.

The certification is suitable for students, executives, managers and senior executives in
logistics or supply chain domain.

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Test Details

• Duration: 60 minutes
• No. of questions: 50
• Maximum marks: 50, Passing marks: 25 (50%)

There is no negative marking in this module.

Fee Structure

Rs. 19,999/- (Excludes taxes)*

*Fees may change without prior notice, please refer http://www.vskills.in for updated fees

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 Certified Master in Supply Chain Management and Logistics

Table of Contents
Contents

Logistics and SCM Management

1. Introduction to Logistics
1.1 Concepts of Logistics
1.2 Evolution of Logistics
1.3 Objectives of Logistics
1.4 Elements of Logistics
1.5 Forms of Logistics Management
1.6 Logistics Processes
1.7 Issues and Challenges
1.8 Logistics Intermediaries
1.9 Integrated Logistics
1.10 Logistics Sector in India

2. Supply Chain Management

2.1 Supply Chain Basics
2.2 SCM Evolution
2.3 SCM as Competitive Advantage
2.4 Modern SCM Concepts
2.5 Supply Chain Strategy
2.6 Demand Management
2.7 Demand Forecasting
2.8 The Bullwhip Effect
2.9 Supply Chain Outsourcing
2.10 Global Supply Chain Management
2.11 SCOR Model

3. Integration with Business Processes

3.1 Relationships with other corporate functions
3.2 Business Process Integration
3.3 Logistics and Customer Service.
3.4 Logistics and Marketing
3.5 Critical Success Factors
3.6 Metrics for Integration

4. Logistics Planning
4.1 Logistics Strategy
4.2 Logistics Design
4.3 Logistics Planning

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5. Logistics Modeling
5.1 What is modeling?
5.2 What is Logistics Modeling?
5.3 Modeling Techniques
5.4 The Modeling Process
5.5 Computer Simulation in Logistics

6. Theories of Logistics and Supply Chain Management

Management
6.1 Systems Approach
6.2 Resource-Based View Theory
6.3 Knowledge-based view (KBV)
6.4 Strategic Choice theory (SCT)
6.5 Principle Agency theory (PAT)
6.6 Systems theory (ST)
6.7 Transaction Cost Economics
6.8 Game Theory
6.9 Available-to-promise (ATP)
6.10 Theory of Constraints

7. Supply Chain Modeling

7.1 Deterministic Analytical Models
7.2 Stochastic Analytical Models
7.3 Economic Models
7.4 Simulation Models

8. Tools and Techniques for Logistics and SCM

8.1 CPM/PERT
8.2 Operations Research
8.3 Linear Programming
8.4 MRP and MRP II
8.5 ERP
8.6 JIT
8.7 Reports
8.8 Barcoding and Mobile Systems

9. Quality Management
9.1 Quality Basics
9.2 Product vs Service Quality
9.3 Quality Management
9.4 Quality Principles
9.5 Quality Management Methods
9.6 Base Lining
9.7 Benchmarking
9.8 Value Analysis (VA/NVA)
9.9 TQM
9.10 PDCA

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9.11 Six Sigma

9.12 Lean
9.13 5S
9.14 Cause-and-Effect Diagram
9.15 Quality Metrics

10. Sustainability
10.1 What is Sustainability
10.2 Pillars of Sustainability
10.3 Sustainable SCM
10.4 Sustainability Models

11. Future Developments

11.1 E-Commerce
11.2 E-procurement
11.3 Big Data
11.4 Internet of Things (IoT)
11.5 Automation and AI
11.6 Warehouse Automation

Freight Transport
1. Freight Planning
1.1 P’s and R’s of Fulfillment
1.2 Change Triggers
1.3 Strategic Planning
1.4 Central Place Theory
1.5 Freight Logistics Strategy
1.6 Product Characteristics
1.7 Packaging
1.8 Unit Load Concept
1.9 Reducing Freight Costs

2. Freight Transportation
2.1 Importance of Transportation
2.2 Modes of Transport
2.3 Transportation Management
2.4 Freight Rate or Transportation Pricing
2.5 Communication and Transport
2.6 Energy Consumption

3. Surface Transport
3.1 Road Freight Transport
3.2 International Road Freight
3.3 Types of Road Freight Transport
3.4 Vehicle Selection and Acquisition

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3.5 Freight Costing

3.6 Freight Routing and Scheduling
3.7 Vehicle Fleets Assessments
3.8 Factors Affecting Vehicle Utilization
3.9 Motor Vehicles Act 1988
3.10 Central Motor Vehicle Rules 1989
3.11 Carriers Act 1865
3.12 Rail Transport
3.13 Railways Act 1989
3.14 Intermodal Transport

4. Containerisation
4.1 Classification of Containers
4.2 Arrangement of Containers
4.3 Container Sizes
4.4 Packaging of Cargo in Container
4.5 Precaution and Safety of Cargo on Container
4.6 Movement of Containers
4.7 Container Handling
4.8 Safety Measures of Container ships
4.9 Container Leasing
4.10 Markings on Containers
4.11 Recent Trends – Coltainer and Cargosprinter

5. Inland Container Depots (ICD) and Container Freight Stations (CFS)

5.1 Role and Functions of ICD
5.2 Prerequisite for Successful ICD/CFS
5.3 Procedure for Approval and Implementation
5.4 Export and Import Clearance at ICD
5.5 CONCOR – Container Corporation of India

6. Sea Transport
6.1 Ocean Shipping Methods
6.2 Formalities of Shipping
6.3 Stowage
6.4 Types of Ships
6.5 Shipping Intermediaries
6.6 Important Sea Routes
6.7 Major Ports of India
6.8 Shipping Corporation of India
6.9 Ocean Freight Rates
6.10 Ocean Freight Documentation
6.11 International Chamber of Shipping
6.12 Indian National Ship Owners’ Association
6.13 The Indian Carriage of Goods by Sea Act
6.14 The Major Port Trusts Act, 1963

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7. Airline Transport
7.1 Infrastructure for Air Transportation
7.2 International Air Transport
7.3 Benefits of Airfreight
7.4 Classifications of Airports
7.5 Types of Aircraft
7.6 Unit Load Devices
7.7 Air Freight Documentation
7.8 Air Cargo Industry
7.9 Role of the TIACA (The International Air Cargo Association)
7.10 Methods of Air Freight Calculations
7.11 The Carriage by Air Act, 1972

8. International Freight Transport

8.1 What is International Logistics
8.2 International Freight Mode Selection
8.3 International Distribution Channel
8.4 International Trade Operations
8.5 International Commercial Terms (Incoterm)
8.6 Transportation of Hazardous Materials
8.7 Documentation for Export
8.8 Reverse Supply Chain

9. Integrated Logistics
9.1 What is Integrated Logistics
9.2 Need for Integrated Logistics
9.3 Direct Product Profitability
9.4 Distribution Requirements Planning
9.5 Just-in-time (JIT)

10. Future Developments

10.1 Future Freight Transportation
10.2 Freight Transport and Big Data
10.3 Freight Transport Automation

Procurement and Materials Management

1. Procurement Management
1.1 What is Procurement Management
1.2 The Procurement Process
1.3 Make or Buy Analysis
1.4 Supplier Management
1.5 Contract Basics
1.6 Global Sourcing
1.7 E-procurement

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2. Cost and Value Analysis System

2.1 Value Analysis
2.2 Tools for Value Analysis
2.3 Cost Analysis
2.4 Cost Analysis Techniques

3. Negotiation Skills
3.1 Basic Approaches for Negotiation
3.2 Strategy and Planning for Negotiation
3.3 Tactics of Effective Negotiation

4. Purchase Management System

4.1 What is Purchasing
4.2 Purchase Department
4.3 Methods of Purchasing
4.4 Purchasing Performance
4.5 JIT Purchasing

5. Vendor Management
5.1 System of Vendor Evaluation
5.2 Parameters for Evaluation of Vendors Performance
5.3 Social Audit
5.4 Tender and Negotiation Guidelines
5.5 Purchase Review

6. Materials Planning
6.1 Materials Planning Need
6.2 Factors Affecting Materials Planning
6.3 Tools of Materials Planning
6.4 Principles and Procedure for Materials Planning
6.5 MRP (Material Requirements Planning)
6.6 MRP Processing
6.7 Other Planning Techniques

7. Materials Budgeting
7.1 Materials Budgeting Concepts
7.2 Materials Budgeting and Accounting

8. Material Classification, Standardization and Codification

8.1 Material Classification
8.2 Value Analysis and Material Classification
8.3 Material Codification Concepts
8.4 Material Codification Systems
8.5 Material Standardization
8.6 Material Simplification

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8.7 Levels of Standardization

9. Material Handling
9.1 Material Handling Basics
9.2 Material Handling Systems
9.3 Containerization
9.4 Waste Management - Surplus and Obsolete
9.5 Damage and Pilferage
9.6 Cost Analysis

10. Stores Management and Warehousing

10.1 Stores Functions and Objectives
10.2 Types of Stores
10.3 Stores Layout and Storage
10.4 Successful Store-Keeping Factors
10.5 Warehousing
10.6 Warehouse Management System (WMS)
10.7 Warehouse Operating Principles
10.8 Warehouse Strategy
10.9 Planning Warehouse Distribution
10.10 Warehouse Layout
10.11 Automatic Warehousing
10.12 Schemes of Automatic Warehousing
10.13 Stock Keeping and Accounting

11. Quality Management

11.1 Quality Basics
11.2 Product vs Service Quality
11.3 Quality Management
11.4 Quality Management Methods
11.5 TQM
11.6 Six Sigma
11.7 Statistical Quality Control
11.8 Double and Multiple Sampling

12. Legal Framework

12.1 The Indian Contract Act, 1872
12.2 The Sales of Goods Act, 1930

13. Future Developments

13.1 Procurement Future Trends
13.2 Sustainable Procurement
13.3 Procurement Automation
13.4 Big Data and Procurement
13.5 Material Management Trends
13.6 RFID and Material Management

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13.7 Material Management and Big Data

Warehousing and Inventory Management

1. Warehousing
1.1 Introduction
1.2 Benefits of Warehousing
1.3 Functions of Warehouses
1.4 Need for Holding Stock
1.5 Characteristics of Warehouses
1.6 Warehousing Efficiency and Effectiveness
1.7 Information Technology Requirements
1.8 Measuring Performance

2. Warehouse Processes
2.1 Introduction
2.2 Receiving
2.3 Pre-Receipt
2.4 In-handling
2.5 Preparation
2.6 Offloading
2.7 Checking
2.8 Cross Docking
2.9 Recording
2.10 Quality control
2.11 Put-away

3. Warehouse Operating Principles

3.1 Operating Principles
3.2 Warehouse Design
3.3 Types of Warehouses
3.4 Warehouse Location
3.5 Planning the Distribution Warehouse
3.6 Warehouse Layout
3.7 Qualitative Factor Rating Method

4. Picking Strategies and Equipment

4.1 Introduction
4.2 Picker to Goods
4.3 Goods to Picker
4.4 Automated Picking
4.5 Material Handling Equipment
4.6 Storage Equipment

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5. Order Picking Methods

5.1 Introduction
5.2 Industry Trends Affecting Order Picking
5.3 Modern Order Picking Systems
5.4 Stock Profiling
5.5 Order Picking Alternatives
5.6 Order Picking Strategies
5.7 Pick-To-Light Systems
5.8 Paper Pick Lists
5.9 Pick by Label
5.10 Pick by Voice
5.11 Barcode Scanning
5.12 Radio Frequency Identification
5.13 Pick by Light/Pick to Light
5.14 Put to Light
5.15 Type of Picking System and Equipment

6. Warehouse Processes from Replenishment to Dispatch

6.1 Replenishment
6.2 Other Activities
6.3 Value Adding Services
6.4 Stock Management
6.5 Stock or Inventory counting
6.6 The Annual Count
6.7 Safety and Security
6.8 Returns Processing
6.9 Dispatch
6.10 Role of Driver in Transportation

7. Storage and Handling equipment

7.1 Storage Systems
7.2 Pallets
7.3 Automated storage and retrieval Systems (AS/RS)
7.4 Temperature-Controlled Storage
7.5 Storage of Packaged Dangerous Substances

8. Warehouse Costs
8.1 Types of costs
8.2 Return on investment (ROI)
8.3 Traditional versus Activity Based Costing Systems
8.4 Activity based Costing for Multi-Principals
8.5 Calculating Warehouse Storage Costs
8.6 Logistics Charging Methods

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9. Inventory Management
9.1 Inventory Basics
9.2 Inventory Management Basics
9.3 Types of Inventory
9.4 Classification of Inventory Systems
9.5 Inventory Management Models
9.6 Inventory Control and Replenishment Techniques
9.7 Inventory Accuracy and Cycle Counting
9.8 Demand Forecasting
9.9 Inventory Performance Measurement
9.10 Selective Inventory Management
9.11 Aggregate Inventory Planning
9.12 Exchange Curve
9.13 Deterministic Inventory Models
9.14 Probabilistic Inventory Models
9.15 Economic Order Quantity( EOQ)
9.16 ABC Inventory Planning
9.17 XYZ Analysis
9.18 Inventory Control of Slow Moving Items
9.19 Recent Developments in Inventory Management

10. Inventory Costing

10.1 Inventory Cost Types and Affecting Factors
10.2 Activity-Based Costing
10.3 Acceptance Sampling Plans
10.4 Accounting System
10.5 Advance Payment

11. Facilities Location

11.1 Introduction
11.2 When Does A Location Decision Arise?
11.3 Steps In The Facility Location Study
11.4 Subjective, Qualitative And Semi-Quantitative Techniques
11.5 Locational Break-Even Analysis
11.6 Some Quantitative Models For Facility
11.7 Some Case Examples

12. Facilities Layout And Materials Handling

12.1 Introduction
12.2 Basic Types Of Plant Layouts
12.3 Plant Layout Factors
12.4 Layout Design Procedure
12.5 Flow And Activity Analysis
12.6 Space Determination And 'Area Allocation
12.7 Computerised Layout Planning
12.8 Evaluation, Specification, Presentation And Implementation

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12.9 Materials Handling Systems

12.10 Materials Handling Equipment

13. Forecasting Demand

13.1 Methods of Forecasting
13.2 Judgmental Forecasts
13.3 Time Series
13.4 Casual Forecasting
13.5 Planning Forecasts

14. Just-
Just-in-
in-Time
14.1 Principles of just-in-time
14.2 Achieving just-in-time operations
14.3 JIT Implementation Design
14.4 Benefits and Disadvantages
14.5 Extending JIT
14.6 Comparisons With Other Methods

15. Future Developments

15.1 Future Trends
15.2 Sustainability in Warehousing and Inventory Management
15.3 Automation in Warehousing and Inventory Management
15.4 Big Data in Warehousing and Inventory Management

Distribution Management
1. Distribution Management
1.1 What is Distribution
1.2 Role of Distribution Function
1.3 Channel and Distribution
1.4 Types of Distribution Channel
1.5 Distribution Intermediary
1.6 Direct Delivery
1.7 Distribution Channel Structure
1.8 Distribution Channel Structure in India
1.9 International Distribution Channels

2. Physical Distribution
2.1 Physical Distribution Basics
2.2 Physical Distribution Relevance
2.3 Physical Distribution Components
2.4 Transportation
2.5 Warehousing
2.6 Inventory Management
2.7 Production Control and Materials Requirement Planning
2.8 Distribution Requirements Planning (DRP)

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3. Distribution Network Design

3.1 Distribution Planning
3.2 Distribution Strategies
3.3 Distribution Network Design Factors
3.4 Distribution Cost
3.5 Distribution Network Design Options
3.6 Distribution Network Design Selection
3.7 Online Sales

4. Channel Design
4.1 Designing a Channel System
4.2 Network Models
4.3 Location Analysis Techniques
4.4 Channel and Market Segmentation
4.5 Channel and Market Positioning
4.6 Channel and Market Targeting
4.7 Channel Implementation

5. Channel Selection
5.1 Changing Business Environment
5.2 SWOT Analysis
5.3 Channel Selection
5.4 Creating and Administering the Channel

6. Channel Management
6.1 Managing The Channel Member
6.2 Trade Margin
6.3 Training and Development
6.4 Channel Vision, Mission and Objectives
6.5 Channel Motivation
6.6 Risk Management in Distribution

7. Supply Chain Management in Physical Distribution

7.1 What is Supply Chain Management?
7.2 Efficient Consumer Response
7.3 Rapid Response
7.4 Putting it All Together: What is the Right Supply Chain?
7.5 Manufacturing Flow Management
7.6 International Supply Chain and Logistics
7.7 Supply Chain Management in Rural Areas

8. Future Developments
8.1 Future Trends
8.2 Big Data
8.3 Internet of Things

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Strategic SCM and Logistics

1. Supply Chain Strategy
1.1 What is Strategy
1.2 What is Supply Chain Strategy
1.3 Business Strategy and SCM
1.4 Organizational Strategy and SCM
1.5 Competitive Advantage and SCM
1.6 Strategic Dimensions
1.7 Customer Focus and Alignment
1.8 Forecast-Driven Enterprise
1.9 Demand-Driven Enterprise
1.10 Number of Supply Chains
1.11 Strategy Audit

2. Supply Chain Strategic Management

2.1 Strategic Management Processes
2.2 Supply Chain Strategy
2.3 Environmental Analysis
2.4 Pestle Analysis
2.5 SWOT Analysis
2.6 Value Chain Analysis
2.7 Competitor Analysis

3. Strategic Decision Making

3.1 What is Decision Making
3.2 Decision Making Process
3.3 Decision Making Strategies
3.4 What is Strategic Decision Making
3.5 Strategic Decision Making Models

4. Supply Chain Design

4.1 Supply Chain Decision Phases
4.2 Supply Chain Process View
4.3 Achieving Strategic Fit
4.4 Supply Chain Segmentation
4.5 Aggregate Planning
4.6 Planning Strategies

5. Logistics Network Planning

5.1 What is Logistics Network Design
5.2 Design Issue and Data
5.3 Distribution Centres and Warehouses
5.4 Modeling Techniques
5.5 Logistics Network Design Process
5.6 International Logistics

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5.7 International Transaction Channels

5.8 International Distribution Channel

6. Logistics and SCM Costing

6.1 What is Cost
6.2 Fixed and Variable Costs
6.3 Cost Analysis
6.4 SCM Costing
6.5 What are Logistics Costs
6.6 Logistics Costs Types
6.7 Logistics Cost Analysis and Approaches
6.8 Activity-based costing (ABC)
6.9 Target Costing
6.10 Logistics Cost Analysis Formulas

7. Logistics and SCM Optimization

7.1 What is optimization
7.2 Business Process Optimization
7.3 Modeling and Optimization
7.4 Logistics Problems
7.5 Logistics Optimization
7.6 Supply Chain Optimization
7.7 Time Compression
7.8 Outsourcing
7.9 Agile Supply Chain
7.10 Lean Supply Chain
7.11 Hybrid Supply Chain
7.12 Demand and Supply Side Alignment

8. Safety and Security

8.1 Supply Chain Safety
8.2 Supply Chain Security
8.3 Supply Chain Security Challenges and Solutions
8.4 International Supply Chain Security Programs
8.5 United States Supply Chain Security Programs
8.6 European Union Supply Chain Security Programs

9. Sustainability
Sustainability and Environment
9.1 What is Sustainability
9.2 Environmental Efficiency and Sustainability
9.3 Green Supply Chain Management
9.4 Life Cycle Assessment
9.5 Reverse Logistics
9.6 Sustainable Supply Chain Strategies

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10. Risk Management

10.1 Risk Management Basics
10.2 Risk Management Process
10.3 Business Risk Assessment
10.4 Business Risk Mitigation Options
10.5 Business Risk Treatments
10.6 Supply Chain Vulnerability
10.7 Supply Chain Risk Factors
10.8 Supply Chain Risk Management
10.9 SCM Internal and External Environments
10.10 SCM Risk Assessment
10.11 SCM Risk Treatment
10.12 Supply Chain Resilence

11. Monitoring and Performance Measurement

11.1 Performance Management
11.2 Monitoring
11.3 SCOR Model
11.4 The Balanced Scorecard
11.5 KPI
11.6 Financial Measures
11.7 Benchmarking

12. Future Developments

12.1 Internationalization
12.2 Security
12.3 Ecological Sustainability
12.4 Future Trends

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Sample Questions
1. The ‘J
‘Just-
ust-In-Time’ (JIT) philosophy
philosophy aims to minimize stock-
stock-holding costs by
planning the arrival of raw materials and components just as they are needed.
A. True
B. False
2. Free on board (FOB) is where customers only take responsibility after the goods
have reached a named foreign destination.
destination.
A. True
B. False
3. What name is given to a distributional channel in which exports are sent to a
‘satellite’ warehouse/ depot in another country which then acts as a ‘break bulk’
point?
A. Free-carrier system
B. Ex-works system
C. Transit system
D. Direct system

4. In an automobile manufacturing facility, the management has brought down the

cost of ordering of automotive components from Rs 500 to Rs 50 through the
introduction of electronic ordering. The annual demand of cars is 15,000 units.
Inventory
Inventory carrying cost of automotive components is Rs 20 per unit per year. The
inventory turnover ratio in both the cases would be
A. 33.64 And 107.48
B. 34.64 And 109.48
C. 32.64 And 112.48
D. 35.64 And 111.48

5. The typical aim of the push approach to

to supply chain management is
____________ .
A. To Reduce Costs of Distribution
B. To Enhance Product and Service Quality
C. To Reduce Costs of New Product Development
D. Both First and Third Answer Above

Answers: 1 (A), 2 (B), 3 (C), 4 (B), 5 (D)

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