
QRM for Supply Chain & Purchasing Professionals Reducing Lead Times and Enhancing Responsiveness
interpro.wisc.edu/RA00061 See upcoming datesCourse Overview
This workshop equips supply chain and purchasing professionals with Quick Response Manufacturing (QRM) principles and Manufacturing Critical-path Time (MCT) metrics to optimize performance. Participants will learn to shift from cost-based to time-based decision-making, reducing lead times and enhancing supplier responsiveness. Through interactive sessions and hands-on exercises, attendees will gain practical skills to transform their supply chain operations.
Learning Outcomes
- Understand the principles of QRM and their application in supply chain and purchasing operations to reduce lead times and improve responsiveness.
- Learn to measure and utilize Manufacturing Critical-path Time (MCT) as a performance metric to identify bottlenecks and prioritize improvement opportunities.
- Develop advanced strategies to enhance supply chain flexibility and responsiveness, including techniques such as time slicing, dual sourcing, and delayed differentiation.
Who Should Attend?
- Supply chain managers and purchasing professionals optimizing performance in high-mix, low-volume, or custom production environments.
- Leaders focused on improving supplier responsiveness and reducing lead times in manufacturing and office-based operations.
- Consultants and professionals in logistics, sourcing, inventory management, and procurement strategy seeking time-based strategies to improve competitiveness.
Course Outline
Day 1: QRM and MCT in Supply Chain Management
Introduction to Quick Response Manufacturing and Its Supply Chain Impact
- Overview of QRM principles and the significance of time in supply chain performance.
- Understanding the Response Time Spiral and its effect on supply chain efficiency.
Applying MCT as a Performance Metric in Supply Chains
- How to measure Manufacturing Critical-path Time (MCT) and apply it to evaluate supply chain performance.
- Comparing MCT with traditional metrics of cost, quality, and on-time delivery
Advanced Supplier Metrics and Decision-Making
- Utilizing MCT to assess supplier performance beyond traditional metrics.
- Techniques for selecting suppliers based on responsiveness, flexibility, and lead time reduction.
Cost vs. Time: Shifting Perspectives in Supply Chain Decisions
- Moving from cost-based to time-based perspectives in logistics and purchasing decisions.
- Efficiency vs. speed in transportation: optimizing truck loading, shipping, and receiving operations.
Interactive Exercise: MCT Mapping for Supply Chains
- Hands-on activity to create MCT maps for supply chain scenarios, identifying bottlenecks and opportunities for improvement.
Day 2: Enhancing Responsiveness and Implementing QRM Strategies
System Dynamics Principles for Supply Chains
- Exploring the importance of spare capacity, small batch flows, and system dynamics in supply chain performance.
- Demonstration of trade-offs and their impact on lead times.
Reshoring Decisions and the Total Cost of Ownership (TCO) Model
- Introduction to the Reshoring Initiative's TCO model for evaluating true sourcing costs.
- Using TCO and QRM principles to guide reshoring and sourcing decisions that optimize lead times and costs.
Make vs. Buy Decisions in a QRM Context
- Evaluating the true cost of sourcing, including the impact of lead times.
- Strategies for dual sourcing and using MCT to guide make vs. buy decisions.
Techniques for Increasing Supply Chain Flexibility and Predictability
- Strategies such as time slicing, product enrichment, delayed differentiation, and multi-tiered concurrent planning.
- Implementing QRM-driven techniques to enhance supply chain adaptability and responsiveness.
Case Studies: QRM, MCT, and Reshoring in Action
- Real-world examples of companies successfully applying QRM, MCT, and TCO to transform their supply chains.
- Lessons learned and key takeaways from diverse industries.
Workshop: Customizing QRM Solutions for Supply Chain Challenges
- Group discussions and exercises to apply QRM strategies to participants' supply chain issues.
- Developing action plans for implementing QRM improvements in your organization.
Overcoming Common Challenges in QRM Supply Chain Implementation
- Addressing resistance to change, supplier coordination issues, and internal alignment.
- Best practices for engaging stakeholders and driving sustained improvements.
Wrap-Up and Next Steps
- Recap of key learnings and practical steps for applying QRM, MCT, and TCO in supply chain and purchasing operations.
- Q&A session to address specific participant questions and scenarios.
Past dates
QRM for Supply Chain & Purchasing Professionals
Course #: RA00061QRM for Supply Chain & Purchasing Professionals
Date: Tue. March 04, 2025 – Wed. March 05, 2025ID: RA00061-D673
interpro.wisc.edu/RA00061
Fee:
- $1,325
- Fee covers course materials and instruction
QRM member discount: Your course fee is $1060 per person.
When three to seven learners sign up from same employer, your course fee is $1126 per person.
When eight or more learners sign up from same employer, your course fee is $1060 per person.
Credits:
Instructor:
- CEU: 1.4
- PDH: 14
James Rink
Location: This was an online course.