Transform the Supply Chain Into a True Competitive Advantage!
Don’t just manage your supply chain — master it. In Strategic Best Practices of Supply Chain Management, the third and final course of the Master Certificate in Supply Chain Management program, you’ll study best-in-class business practices and key trends impacting the supply chain of the future. When two companies with virtually identical products or services (for example, cola brands or airlines) go head-to-head in the global arena, what separates the winners from the losers? In many cases, the deciding factor is their supply chain strategy.
Create a strategic advantage for your company — and yourself — by analyzing the strategies employed by industry giants like Wal-Mart and Toyota. Detailed case studies impart insider tips on how to drive continuous improvement, while hands-on simulations illustrate the impact of your decisions throughout the product lifecycle. By the end of this program, you’ll possess the skills and knowledge to optimize your supply chain and help your organization achieve unprecedented synergy, efficiency and cost savings.
Who Should Register?
This eight-week, 100% online course is ideal for supply chain professionals in any industry who aspire to move into or advance within management. Students who have completed the Functional Perspective and Tactical Implementation courses will receive a Master Certificate in Supply Chain Management after finishing this course.
What You’ll Learn
Key Trends in Supply Chain Management (SCM)
- Advanced theory of SCM: designing and managing world-class supply chains
- Evolution of risk management approaches
- Techniques to analyze and manage supply chain productivity; return on invested capital (ROIC) approach
- Procurement issues: Kaizen and target costing strategies for advanced SCM professionals
- Leveraging Lean, Six Sigma and Lean Six Sigma strategies within SCM
Technology Focus: Trends and Tools
- Components for deploying SCMS, including collaborative planning, forecasting and replenishment (CPFR) techniques
- Evolution of demand-driven inventory management, including inventory strategy optimization (ISO) systems
- Advanced technology tools, including radio frequency ID (RFID) and auto ID
Industry Focus: Future Trends and Considerations
- Review of SCM structure/design trends, globalization impacts and technology across various industries
- Aftermarkets
- Hard goods and automotive
- Consumer goods
- Food/beverage
- Pharmaceuticals
- Military and government supply chains
Leading World-Class Supply Chains
- Supplier development programs (including design and implementation), supplier scorecards and continuous improvement/Lean Six Sigma
- Audits and improvement
- Target and Kaizen costing strategies
- Human resource issues in SCM
- Supply Chain Operations Reference (SCOR) model