Supply Chain Transformation and Innovation

Catalog description

Strategy, supply chain innovation, transformation, and leadership are the key themes throughout this course. This course is designed to address strategic management issues and offers many framework models for consideration. The course also includes leadership frameworks and insights for more impactful business management through transformational changes, risk mitigation, and crisis management. The course is designed around four major subjects: Fundamental Dimensions of Strategy - Compare/contrast different perspectives on business strategy - Connecting supply chain strategy to business strategy - Best in class supply chain strategies: which one fits the mark? - Supply chains within the context of volatility, market uncertainty, and disruptions - Optimizing the Supply Chain Diamond: interdependence of customer satisfaction, asset utilization, revenue growth, and supply chain costs. Supply Chain Innovation - Disruptive innovation vs. frugal innovation - How many SC innovations are truly revolutionary? - What does it take to remain a SC leader? Supply Chain Transformation - Defining supply chain transformation: key strategies and capabilities - Supply chain transformation process model - Learning to live with complexity - Distribution strategies for omni-channel - Deep Dive: innovation, consumer-led transformation, and lead time reduction for long term revenue growth Organizational and Personal Leadership - Leading change: why transformation efforts fail? - Change management during logistics outsourcing - SC risk assessment, mitigation, and crisis management - Leadership challenge: keeping pace with skills needed - Professional career map for path forward after graduation Upon successful completion of this course, students will be able to discuss, analyze, and demonstrate understanding of: - Fundamental dimensions of strategy - Connecting supply chain strategy to business strategy - Guiding supply chains through recessionary, uncertain, and volatile business environments - Different ways for businesses to innovate - Strategies and capabilities for supply chain transformation - Organizational leadership traits and models to drive success in the workplace - Personal leadership including working constructively in virtual teams and peer feedback - Creating a professional development framework for their careers