Description

Supply Chain Management

Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.

Interconnected or interlinked networks, channels and node businesses are involved in the provision of products and services required by end customers in a supply chain. Supply chain management has been defined as the “design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.

SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.

Course Outline

Why Supply Chain Management

• Defining supply chains
• Customer Orientation
• Defining Supply Chain Management
• Development Trends

Global Supply Chain Operations

• Global Business Environment
• Strategic Challenges
• How Global Supply Chains Responded
• Current Trends in Global SCM

Supply Chain Design and Planning

• Supply Chain Configuration
• Extent of Vertical Integration
• Outsourcing and Offshoring
• Location Decisions

Lean Supply Management

• Origins of the Lean Manufacturing
• Lean Supply Principles
• Focusing on Cost-to-Serve
• Drivers for Lean Supply Chain
• Lean Process Mapping Tools

Agile Supply Management

• The Need for Agility
• Agile Supply Chain Concept
• Agile Supply Chain Framework
• Competing on Responsiveness
• Getting It Right from Within

Purchasing and Supplier Selection

• Strategic Role of Purchasing
• Purchasing Portfolio
• Supplier Selection
• Tools for Supplier Selection
• Towards Knowledge Based Sourcing

Relationship and Integration

• Supply Relationship Defined
• Close Partnership
• Strategic Alliance
• Relationship Dilemma
• Supply Chain Integration

The Future Challenges

• Creating Customer Centric Supply Chain
• Managing Supply Networks
• Watch the Dynamics