Description
The supply chain of a business includes all of the facilities, functions, and activities involving the flow and transformation of goods and services from raw materials to final customer, as well as the associated information flows. It is an integrated group of processes to “source,” “make,” and “deliver” products.
This course helps the student understand the many interrelated components within the supply chain, the communications tools commonly used by the most successful manufacturers and service providers, as well as how to uses the various metrics associated with managing it.
- Describe the general flow of a supply chain and list the typical components within it.
- Explain how the supply chains of manufacturers and service providers differ and are alike
- Define correctly and use appropriately the various terms associated with supply chain management
- Learn to use key performance indicators
- Identify typical uncertainties in a supply chain and suggest ways to protect against them
- Describe how technology has changed the traditional supply chain and can be used as a tool for success
- Describe the advantages of trust and communication between various players in the supply chain.