Strategic Supply Chain Cost Management

Catalog description

Focuses on the fundamental principles, processes, tools, strategies and practices that are currently used by successful companies to manage their supply chain costs and networks, and significantly improve their bottom lines. Analyze business needs, markets and suppliers, evaluate category costs and rationalize supplier prices. Develop and implement effective supply chain management strategies that balance cost, quality, technology and delivery to achieve the lowest Total Cost of Ownership. Strategic focus on sourcing, spend management, cost management, supplier relationship management and supply chain risk management, and covers knowledge and skills that are significantly increasing management and supply chain risk management, and covers knowledge and skills that are significantly increasing demand today. May not be taken for credit by students who received credit for: OM 482 -1. Prerequisite(s): BUS 204 or BUS 304 .