Supply Chain Management

Supply Chain Management involves the flows of materials and information among all of the firms that contribute value to a product, from the source of raw materials to end customers. Management of these activities – logistics, communication, inventory management, warehousing, transportation, and facility location – have been performed since the start of commercial activity. Elements of supply chain management have been studied and practiced for some time in marketing, logistics, and operations management. We will attempt to integrate these different perspectives to develop a broad understanding of how to manage a supply chain.

After completing Supply Chain Management, students will be equipped with a basic understanding of the following:

• The elements of the “supply chain”
• How to optimize the elements of the supply chain
• How to best manage demand, inventory, and supplier relations
• How to implement incentive programs that create value

No prior experience or coursework required.

Students will be assigned 5 homework assignments, and 1 final exam.

Lesson 1- What is supply chain management?
Lesson 2- Demand management (make to stock, JIT)

• Demand pull system
• MRP
• Forecasting

Lesson 3- Purchasing management
Lesson 4- Inventory management
Lesson 5- Strategic Relationships
Lesson 6- Decision Support Processes
Lesson 7- Information Technology
Lesson 8- Transportation

This course is Instructor-led and delivered through our award-winning online Learning Management System.