This course provides a comprehensive introduction to the field of supply chain management. Students will gain an understanding of the key concepts, theories, and practices involved in managing the flow of goods and services from raw materials to the final customer.
The course covers a wide range of topics, including:
Supply chain strategy: Designing and aligning supply chains to achieve competitive advantage.
Demand planning: Forecasting future demand for products and services.
Procurement: Sourcing and acquiring materials and components.
Production planning and control: Scheduling and coordinating production activities.
Inventory management: Maintaining optimal levels of inventory to meet customer demand.
Logistics and transportation: Managing the movement of goods from suppliers to customers.
Reverse logistics: Returning and processing defective or unwanted products.
Supply chain risk management: Identifying and mitigating risks to the supply chain.
Supply chain sustainability: Integrating environmental and social considerations into supply chain decisions.
The course will also explore the latest trends and technologies in supply chain management, such as:
Artificial intelligence: Machine learning and data analytics are being used to improve demand forecasting, inventory management, and logistics planning.
Blockchain: A distributed ledger technology that can be used to track the movement of goods and materials in real-time.
3D printing: Additive manufacturing is being used to create prototypes and finished products on-demand, reducing the need for inventory.
Robotics and automation: Robots are being used in warehouses and manufacturing facilities to improve efficiency and productivity.
Image of a robot arm working in a warehouse
Course learning outcomes:
Upon completion of this course, students will be able to:
Define and explain the key concepts of supply chain management.
Apply supply chain management principles to real-world situations.
Analyze and evaluate the performance of supply chains.
Develop and implement supply chain strategies.
Use technology to improve supply chain operations.
Understand the latest trends and challenges in supply chain management.
Who should take this course:
This course is suitable for anyone who is interested in learning about supply chain management, including:
Business students
Engineering students
Logistics and transportation professionals
Procurement and sourcing professionals
Product managers
Operations managers
Entrepreneurs