Course Description
Supply chain management, organizational goals, strategies, strategic objectives, and supply chain performance measures are described. These topics provide the systems perspective for effective supply chains. Objectives are to provide the student with the concepts and tools to design, manage, and improve the cross-functional links in supply chains.
Athena Title
Supply Chain Management
Prerequisite
MGMT 3000 or MGMT 3000H or MGMT 3000E
Semester Course Offered
Not offered on a regular basis.
Grading System
A - F (Traditional)
Course Objectives
After completing this course, the student will be able to: •Define the concept of a supply chain and supply chain flows of material, information, and capital. •Understand the major challenges to effective supply chain management, including variability, organizational silos, the Bullwhip Effect, and cost tradeoffs. •Identify the importance of maintaining a sustainable supply chain in terms of future product availability, environmental issues, recycling, and cost. •Identify the impact of product and process design on the supply chains in both manufacturing and services. •Explain the importance of metrics (supply chain performance measures), including chain-wide metrics, and identify and calculate the metrics relevant to most supply chains.
Topical Outline
Since its inception in the early 1990's, the field of supply chain management has become tremendously important to companies in an increasingly competitive global marketplace. The term supply chain refers to the entire network of companies that work together to design, produce, deliver, and service products. In the past, companies focused primarily on manufacturing and quality improvements within their four walls; now their efforts extend beyond those walls to encompass the entire supply chain. Why do this? Most of the gains achievable from an internal focus have been realized, while the opportunities that exist through cooperation and collaboration are the new frontier. This course will take students through key elements of supply chain management and provide case studies of how different companies manage those elements. I)Understanding the Supply Chain II)Achieving Strategic Fit and Scope III)Supply Chain Drivers and Metrics IV)Purchasing and Supply Management V)Creating & Managing Supplier Relationships VI)Strategic Sourcing for Successful Supply Chain Management VII)Demand Forecasting VIII)Planning Supply and Demand in a Supply Chain IX)Inventory Management i)Cycle Inventory ii)Safety Inventory X)Global and Domestic Logistics XI)Global Location Decisions XII)Supply Chain Integration and Coordination XIII)Aligning Incentives for Supply Chain Efficiency XIV)The Bullwhip Effect XV)Performance Measurement
Syllabus