Supply Chain Management

Catalog description

This course provides an enhanced understanding of key principles, concepts, and methodologies for effective supply chain management. Supply chain management is the integration of core business processes from the end user through original suppliers that provides products, services, and information that add value for customers. The systems viewpoint and a process orientation are explored at the firm level and from the perspective of inter-firm collaboration among participants in supply chains. The course provides opportunities to investigate important topics such as the bullwhip effect, the key approaches to planning and managing inventory across supply chains, the creation of value through alignment and realignment of supply chain capabilities, and the key supply chain performance metrics. Students successfully completing the course will be able to: - Articulate the essential principles and concepts of the supply chain approach - Demonstrate understanding of the potential role of supply chains in creating value and in sustaining competitive positions of firms - Explain the impact of the bullwhip effect on supply chain performance - Demonstrate understanding of the underlying causes of the bullwhip effect and articulate the principal approaches to ameliorating its impacts on supply chain performance - Articulate differences in the principal approaches to managing inventories across supply chains - Articulate the principal benefits and challenges associated with collaborative approaches to supply chain management - Demonstrate understanding of the principal metrics used to manage supply chain performance