Supply Chain Management

Supply Chain Management

This comprehensive course provides a foundational understanding of Supply Chain Management (SCM), a critical discipline for businesses operating in today’s globalized economy. Participants will explore the end-to-end processes involved in managing the flow of goods, services, and information from raw material sourcing to final consumer delivery.

Key areas of study include:

• Introduction to SCM: Defining SCM, its strategic importance, and its evolution.

• Logistics and Transportation: Understanding various modes of transport, warehousing, inventory management, and distribution networks.

• Procurement and Sourcing: Strategies for supplier selection, negotiation, and contract management to ensure efficient and cost-effective acquisition of materials and services.

• Operations Management: Optimizing production processes, quality control, and lean principles within the supply chain.

• Demand Planning and Forecasting: Techniques for accurately predicting customer demand to minimize stockouts and overstocking.

• Supply Chain Analytics and Technology: Utilizing data, software, and emerging technologies (e.g., blockchain, AI) to enhance supply chain visibility, efficiency, and decision-making.

• Global Supply Chain Issues: Addressing challenges and opportunities in international trade, risk management, and sustainability.

Through a blend of theoretical concepts, practical case studies, and real-world examples, this course aims to equip students with the analytical and strategic skills necessary to design, implement, and optimize robust and resilient supply chains, contributing to organizational competitiveness and customer satisfaction.