Supply Chain Management Strategy

Course Overview

This course, Supply Chain Management Strategy, is the capstone of the Supply Chain Management specialization. It is designed to provide learners with the tools and techniques to successfully manage a complex network of companies that we call the supply chain. Learners will use the skills acquired in the previous four courses to create a supply chain management strategy in a real-life case scenario. At the completion of this course, learners will have demonstrated mastery of the tools and techniques to successfully manage a successful supply chain.

[Applications]
Upon completion of this course, students should be able to apply the knowledge and skills acquired to develop a comprehensive supply chain management strategy. This strategy should include the identification of key stakeholders, the development of a supply chain network, the selection of appropriate technology, and the implementation of a plan to ensure the successful execution of the strategy. Additionally, students should be able to identify and analyze potential risks and develop strategies to mitigate them. Finally, students should be able to evaluate the effectiveness of the strategy and make necessary adjustments to ensure its success.

[Career Paths]
1. Supply Chain Manager: Supply Chain Managers are responsible for overseeing and managing the entire supply chain process. They are responsible for developing and implementing strategies to ensure the efficient and cost-effective flow of goods and services from suppliers to customers. They must also ensure that the supply chain is compliant with all applicable laws and regulations. As the demand for supply chain management increases, the need for Supply Chain Managers is expected to grow.

2. Logistics Manager: Logistics Managers are responsible for overseeing the transportation and storage of goods. They must ensure that goods are delivered on time and in the most cost-effective manner. They must also ensure that the goods are stored in the most efficient way possible. Logistics Managers must also be able to develop and implement strategies to improve the efficiency of the supply chain.

3. Procurement Manager: Procurement Managers are responsible for overseeing the procurement process. They must ensure that the right goods and services are purchased at the right price and in the right quantity. They must also ensure that the procurement process is compliant with all applicable laws and regulations. As the demand for procurement increases, the need for Procurement Managers is expected to grow.

4. Supply Chain Analyst: Supply Chain Analysts are responsible for analyzing the supply chain process and identifying areas of improvement. They must be able to develop and implement strategies to improve the efficiency of the supply chain. They must also be able to identify and analyze trends in the supply chain and make recommendations for improvement. As the demand for supply chain analysis increases, the need for Supply Chain Analysts is expected to grow.

[Education Paths]
1. Bachelor of Science in Supply Chain Management: This degree program provides students with the knowledge and skills necessary to manage the supply chain of a business. Students learn about the principles of supply chain management, including inventory management, logistics, and operations. They also learn about the latest technologies and trends in the industry, such as artificial intelligence, blockchain, and big data. This degree is becoming increasingly popular as businesses look to optimize their supply chain operations.

2. Master of Science in Supply Chain Management: This degree program is designed for those who want to take their knowledge of supply chain management to the next level. Students learn advanced concepts in supply chain management, such as supply chain analytics, risk management, and sustainability. They also gain an understanding of the latest technologies and trends in the industry, such as the Internet of Things, robotics, and 3D printing. This degree is ideal for those who want to become leaders in the field of supply chain management.

3. MBA in Supply Chain Management: This degree program is designed for those who want to gain a comprehensive understanding of the business side of supply chain management. Students learn about the principles of business management, such as finance, accounting, and marketing. They also gain an understanding of the latest technologies and trends in the industry, such as predictive analytics and blockchain. This degree is ideal for those who want to become executives in the field of supply chain management.

4. Doctor of Philosophy in Supply Chain Management: This degree program is designed for those who want to become experts in the field of supply chain management. Students learn advanced concepts in supply chain management, such as supply chain analytics, risk management, and sustainability. They also gain an understanding of the latest technologies and trends in the industry, such as the Internet of Things, robotics, and 3D printing. This degree is ideal for those who want to become researchers and academics in the field of supply chain management.