Summary

Supply Chain Management (SCM) – the practice of coordinating the flow of goods and services through all production cycle stages – has become the golden component of the management discipline. By managing an efficient and economical supply chain, companies can cut excess costs, improve product quality, reduce the risk of recalls, avoid costly shortages or periods of inventory oversupply, and deliver products to consumers faster.

The Supply Chain Management specialisation draws upon contemporary research and industry expertise to teach practical skills that will enable you to help your company optimise the flow of its goods and services, whether its operations are local, national or international. You’ll study the principles of operations management, logistics and warehousing, sourcing and procurement, and supply chain management – all key components of robust and streamlined supply chain activities.

Key features

• Examine the five core components of SCM

   

  Learn how each stage – plan, source, manufacture, deliver and return – is critical to getting goods and services to customers.

• Investigate the major supply chain models

   

  Study the six primary models companies typically adopt: Continuous flow, agile, fast, flexible, resilient and custom.

• Develop advanced and integrated theoretical knowledge

   

  Learn how to apply creative and innovative strategies to evaluate, manage and resolve complex SCM challenges.

• Augment your classroom learning with independent research

   

  Undertake an individual research project that allows you to apply what you’ve learned in the classroom to a real-world SCM issue.