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World-Class Cost-To-Serve Best Practices

Course Description

World-Class Cost-To-Serve Best Practices provides a holistic view toward supply chain performance and supports effective supply chain management. You’ll learn how to handle the challenges of today’s operating environment with “Big Data,” best practices in building a cost-to-serve solution, and analytics that create actionable insights for developing smart strategies for financial improvements. Best practices will be applied in an interactive exercise using the results from the latest innovative software.

Who Should Attend

  • Chief Financial Officers, Supply Chain, Finance, Marketing or Sales Executives (Managers, Directors, VPs, EVPs)
  • Supply Chain and Logistics Managers, Consultants, Supervisors, Planners, and Engineers
  • Supply Chain Education and Human Resource Management personnel
  • Inventory Planners
  • Procurement and Sourcing Analysts and Managers
  • Transportation Planners, Managers, and Engineers

How You Will Benefit

  • Understand the steps needed to build a cost-to-serve model tailored for their company’s operating environment.
  • Champion the need for cost to serve analytics for cross-functional activities.
  • Distinguish the value of cost-to-serve analytics in developing specific strategies and measuring their impact.

What Is Covered

  • The fundamentals for building a cost-to-serve model tailored to individual company environments
  • How to apply the tailored approaches to drive sustained performance improvements
  • How to leverage Big Data techniques to quickly identify cost and profit improvement opportunities

Overview

  • The power of analytics and data
  • Typical company situation

Cost-To-Serve

  • Defining Cost-to-Serve (CTS)
  • CTS analytics tools

Net Landed Profit

  • Net Landed Profit (NLP) introduction
  • CTS and NLP resources
  • Documenting actionable strategies

Course Materials

Provided

  • Online access to course material in electronic format

Required

  • Participants must bring a laptop with wireless connectivity

Course Prerequisite and Related Certificate Information

No prerequisites. For those interested in earning the Supply and Demand Planning Certificate, take the below core courses and one elective course within four years. Please note that we are offering all three core courses in the series online during the week of May 3, 2021.

  1. World Class Sales and Operations Planning
  2. World-Class Cost-To-Serve Best Practices
  3. Supply Chain Risk Management

Course CEUs

This course provides for 1.05 continuing education units (CEUs).

Course Instructors

Course Fees

Standard: $1,200.00, Alumni/Org Discount: $1,080.00, Certificate: $996.00 (cost of each course when signing up for and paying for a multi-course certificate program).

First time attendees pay the listed Course Fee. If you are a returning student of the Supply Chain & Logistics Institute (SCL) courses (or are active/retired military), you will receive a 10% discount when you enter the coupon code SCL-Alum on the "Check Out" page. If you register and pay for all required courses in a Supply Chain & Logistics certificate in one single transaction, you can receive a discount of 17% off each course by entering the coupon code SCL-Cert on the "Check Out" page. There are also discounts available for multiple-team member registrations or to members of certain organizations.

Discounts cannot be combined. For questions, call 404-894-2343 or send us an email prior to registration.

The program fee for LIVE courses (non-online) includes continental breakfasts, lunches, breaks, parking, internet access, and all classroom materials.

If the Supply Chain & Logistics Institute must cancel a program, registrants will receive a full refund. Georgia Tech, however, cannot assume the responsibility for other costs incurred. Due to program enrollment limits, early registration is encouraged. Registrations will be acknowledged by a letter of confirmation from Professional Education.

Course Times

On the first day, please log in at least 15 minutes before the class start time.

  • First Day - 1:00pm to 5:00pm
  • ​Second Day - 8:00am to 5:00pm
 
 
 
ISyE location map

Georgia Tech Supply Chain and
Logistics Institute
H. Milton Stewart School of
Industrial & Systems Engineering
765 Ferst Drive, NW, Suite 228
Atlanta, GA 30332
Phone: 404.894.2343