SCM 450
Strategic Design and Management of Supply Chains (3) Strategic design and management of supply chains.
SCM 450 Strategic Design and Management of Supply Chains (3)
This course is about the strategic design and effective operation of supply chains. It will help prepare you for supply chain management positions in manufacturing, distributing, and other service firms including providers of logistics services. The course focuses on the definition, as well as the application, of a single logic that guides the management of all the supply chain activities. Information decision support systems, primarily computer-based, provide the foundation for this logic. Because the determination of inventory locations and the control of inventory levels play a key role in this logic, we spend considerable time on these subjects. The last section of the course covers ways to lead and organize people to manage cross-firm and cross-functional relationships effectively. After completing this course, students should have the knowledge, skills, and abilities to:
* Articulate the process perspective and the total systems view of supply chain management, the impact of systems thinking on firm performance, and the nature of relationships supply chain networks.
* Quantify the effect of strategic initiatives such as postponement and risk pooling on the financial performance of the firm, as well as on supply chain performance.
* Use and apply selected quantitative tools useful in implementing supply chain strategies.
* Explain the complex nature of human interaction needed to successfully introduce supply chain concepts in the firm.
Individual and team performance form the basis for evaluation. Evaluation methods include a combination of oral presentations, written assignments and case studies, class participation, examinations, and hands-on exercises. This is the prescribed capstone course for the Supply Chain and Information Systems major. It builds upon the fundamental supply chain knowledge, skills, and abilities developed in three prescribed foundation courses and two intermediate-level courses on modeling and analysis and on information technology in supply chains.
Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.