Summer 2018・ctlsc1x - supply chain fundamentals key concepts・mitx micromasters in supply chain management mit center for transportation & logistics・cambridge, ma 02142 usa ・[email protected] Supply chain management fundamentals of inventory management the course focuses on 16 key objectives that address the conflicts between sales, operations, and finance, types vs classifications of inventory, how to properly use safety stock and reviewing and accounting for inventory including bic formulas with fundamental exercises and case. Supply chain management professionals play a key role in capturing customer demands, creating forecasts, developing schedules, ordering and managing inventory, controlling production orders, and maximizing customer satisfaction. Supply chain online, llc offers an online course in fundamentals of supply chain management and a personalized certificate of completion, available to both individuals and companies or groups.
What is logistics logistics is an essential component of supply chain managementit involves the planning, carrying out and management of goods, services and information from the point of origin to the point of consumption. 1-16 of 74 results for fundamentals of supply chain management fundamentals of supply chain management: a practitioner's perspective aug 16, 2017. Fundamentals of supply chain management is an introductory workshop designed for a spectrum of audiences: individuals new to the field, specialists with limited exposure to supply chain outside their specialties, senior managers with supply chain management responsibilities, non-supply chain professionals who work with supply chain functions (e.
It addresses the most fundamental concepts and best practices of contemporary supply chain management from the tactical and strategic perspectives, and is based on supply chain operations in the real world. Fundamentals of supply chain management is based on the author's many years of teaching and research experience it addresses the most fundamental concepts and best practices of contemporary supply chain management it provides a structured description of all the most important components in the. Supply chain management (scm) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage it represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Logistics and supply chain management is a particularly fast-moving field whose ultimate goal is to delight and satisfy the customer the methods and management strategies your business adopts for everything from procurement of goods to control of inventory will have a profound impact on costs, customer service, and your company's overall. Supply chain management fundamentals master the fundamentals of supply chain management and prepare for internationally recognized certification examinations supply chain management professionals play a key role in capturing customer demands, creating forecasts, developing schedules, ordering and managing inventory, controlling production.
Wwwprimerevenuecom 2 supply chain finance fundamentas supply chain finance fundamentals: what it is, what it's not and how it works the supply chain ecosystem is a complex one - especially for multinational companies that. Description: this continuous learning module teaches students to identify and recognize key characteristics of dod supply chain management (scm) fundamentals and effective/efficient supply chains. For a supply chain to achieve its maximum level of effectiveness and efficiency, material flows, money flows and information flows throughout the entire chain must be managed in an integrated and holistic manner, driven by the overall service and cost objectives. Supply chain management (scm) course is designed to deliver the fundamentals of supply chain management in detail the key objective in this field is to satisfy customer demands, develop organization's responsiveness, create network resiliency and improve financial success. The four fundamentals of supply chain management are as follows: the objectives of scm are to achieve high levels of customer service in targeted markets/segments and to optimize total supply chain investment and cost.
Fundamentals of supply chain management description: the field of supply chain is rapidly emerging into one that drives global supply chain opportunities and challenges. Academiaedu is a platform for academics to share research papers. Supply chain management fundamentals, module 2 is available for download from apple books apple books is an amazing way to download and read books on. Ai can offer a huge benefit to supply chain managers, but only if it is based on solid fundamentals that take into account the diverse and dynamic nature of today's modern supply chains more importantly, it needs to consider the availability of the timely and accurate data needed to make smart decisions. The four fundamentals of supply chain managementlogistics solutions, the journal of the national institute for transport and logistics, vol 5, no 1, february 2002 logistics solutions issue 1 2002 / 14 the four.
The feedback you provide will help us show you more relevant content in the future. Inventory fundamentals: operations and supply chain management march 19, 2013 | scrc sme this lecture is taken from mba 540, an introductory course in operations and supply chain management taught through the poole college of management online mba program. At the end of a supply chain is the product and/or service that are created by the supply chain for the end consumer us, the fundamental reason of a supply chain s existence is hinged on to serving the end-consumer in the market place.
The course includes defining supply chain management and the various domains within supply chain (ie, customer service, manufacturing and service operations, order management, procurement and supply management, demand planning, inventory management, warehousing operations, and transportation operations.