Training Schedule | Registration
The ILC is a five-day (Monday - Friday) instructional course taught by experienced industry professionals from major logistics corporations.
Two courses per day, one 4-hour segment plus one 3-hour segment Supply Chain, Documentary Credits, and Logistics provided by educators with practical experience in the industry
Total training includes: *
- 12 courses
- 42 hours of instruction
- 1 hour of testing
* Certain U.S.-centric content may be "localized" to market practices
This module satisfies the requirement for a professional designation in lean logistics and supply chain management. The purpose is to recognize individuals that have completed a course of study examining the strategies for improving lean logistics and supply chain operations and are seeking to apply this knowledge within their profession. The designation is granted to individuals that have successfully passed a comprehensive examination and completed an undergraduate college degree from an accredited academic institution or four years of professional experience.
(1) OVERVIEW OF SUPPLY CHAIN
In this survey course, all of the elements of the supply chain are identified. Linkages from one element of the chain to another are reviewed. It addresses the theory of supply chain management. Participants will examine the business impact of product movements within the value chain.
(2) INVENTORY MANAGEMENT
The different uses of inventory, importance of inventory strategy, and examples of different strategies are discussed. Different patterns of inventory flow, and the utilization of equipment to optimize those flows will be illustrated. The concept of inventory accuracy and its importance to the financial organization and cash flow will be demonstrated. Real examples will be offered so that each student can identify the relevance to his or her own experience.
(3) TRANSPORTATION & SUPPLY CHAIN ECONOMICS
Since transportation is the link, which holds the supply chain together, the need for transportation to be value added and cost optimized is examined here. The different costs and rate basis for each mode will be discussed. Impacts of a wide variety of factors on transportation costs will be addressed in order that the elements, which are essential to generate the best value for the customer and service provider are understood.
(4) INCO TERMS
This essential information in a contract between buyers and sellers globally will be examined. The financial and operational responsibilities of both the buyer and seller are specifically identified. The assumption of risk for each party for each of the 11 INCO terms will be unveiled. Common mistakes and myths will be identified.
This course reviews all of the required documents and corresponding regulatory agencies used to move a shipment to/from the United States. Forms are specifically examined and common mistakes identified in an effort to provide practical hands-on capability to use the forms.
(6) LETTERS OF CREDIT AND OTHER PAYMENT CHOICES
Paying for your transactions in the international marketplace brings unique challenges and this course provides the rationale for using letters of credit and other financing and payment options. Step-by-step process reviews of the issuing/payment process are examined, in order to thoroughly understand just how and when these documentary options can be used successfully.
(7) GLOBAL SOURCING
In today’s world, companies buy parts, supplies, and products from all over the world. Sourcing internationally brings opportunities and challenges, including legal, regulatory and risk which will be identified and discussed. Other considerations of international business are incorporated, including culture, language, economic sophistication, banking and physical transportation.
(8) INTERNATIONAL TRANSPORTATION REGULATIONS
An overview of the key regulations, such as Foreign Corrupt Practices Act, provides an understanding of how to ensure that shipments are moved legally throughout the world. This course focuses on US origin/ destination cargo, including elements of laws outside the US as examples of how to legally move cargo.
(9) EXPORT PROCEDURES
This course includes all of the basic steps and documents required to move a US origin piece of cargo outside of the country. The use of supporting service providers, such as freight forwarders, cargo packers, and government agencies will be examined, with the goal that the essentials of an export shipment are clear and understood.
(10) IMPORT PROCEDURES
This course includes the basic steps and documents required to import cargo into the US. Particularly, the relationship with US Customs, for cargo clearance and customs duty application is examined in detail. Supporting service providers, such as licensed customs brokers and security clearances will be discussed.
(11) RISK MANAGEMENT/INSURANCE
The concept of balancing the risk of transactions with the reward of successful completion is reviewed in practical real world examples. The introduction of insurance to minimize risk and how such risk is minimized will also be discussed. Examples of when risk is greater than reward are demonstrated. Graphic examples of situations in which insurance could have played a role are shown. This course is also known as the “Disaster Show”.
Intermediaries are essential to timely, successful movement of cargo from origin to destination. This course will describe these different types of service providers and the various services offered in the supply chain. Discussion will include the differences and similarities of the role of these providers and their offerings in different areas of the world.
Written Exam: A minimum written test score of 70% is required. Exam questions are multiple choice format. The exam series includes questions relating to definitions, understandings of concepts, discussion of the relative merits of various issues, as well as development of approaches to hypothetical situations.
Certification: Upon training & exams completion, participants will receive a University of Houston Certificate of Training.
- A prestigious University of Houston Certificate is awarded upon successful completion.
- The fees include Free Books, Training & Examination Materials, Lunch and Parking Validation.
- Schedule is fixed. We may accommodate Participants’ request to re-schedule or revise schedule.
For more information please contact Maria Burns at 713-743-1194 or email@example.com.