Supply Chain Management Course

Introduction :

Supply Chain Management (SCM) involves the methods, processes, and tools for managing, coordinating, and optimizing the flow of products, information, and finances throughout the complete “value chain:’ from suppliers of raw materials, to suppliers of parts, to end-use customers. 

 

Unlike traditional logistics that only looks at transportation and warehousing, SCM looks at any and all points of product life cycle, including:

• Procurement of raw materials

• Production of the product

• Storage of Finished Goods

• Distribution to customer locations

• After-Sale Customer Service

 

The primary objective of SCM, is to design, implement, operate and optimize a supply chain that is efficient, responsive, and going to flow/operate in a seamless fashion. All while minimizing waste, managing lead times, improving costs, enhancing customer satisfaction, ensuring traceability, and being agile.

 

The primary challenges faced in SCM include

• Coordinating all participating parties – suppliers, manufacturers, distributors, and logistics providers 

• Controlling costs associated with procurement and logistics

• Reduced delivery lead times, and improved responsiveness 

• Risk management in terms of stock outs, delays, and decreased demand 

• Technological integration in terms of ERP systems, tracking in real-time, and visibility into the network

 

Potential benefits of successful SCM include:

• Improved forecasting of demand 

• Improved inventory costs 

• Improve customer service quality and reliability in delivery 

• Improve competitiveness and profitability

 

 

Course Description :

This free course on Supply Chain Management provides a thorough overview of how companies implement strategies and techniques to effectively manage their supply chains. The course will cover procurement, distribution, and fluctuation, and will provide examples, case studies, and thought experiments. 

The best part: it is completely free! The course and all materials (e.g. textbooks, videos, and activities) is free. You also get a free final exam, and a certificate of completion!!! 

To conclude, Supply Chain Management is an integral component of any organization, and can be complex if you do not have the right tools. Managing your supply chain using an effective strategy, contingency, and plans is unquestionably challenging. Supply Chain Management has much to teach students and professionals alike, and this free course has much to offer. 

 

Show off your certificate and be noticed :

• Show off your talents

• Acquire a competitive advantage

• Stand out for recruiters

• Find your ideal job