Skip to content
Business Management

Supply Chain Management


Course
Access code required
Enroll

If you’re looking for an exciting and lucrative career, it is estimated the average annual salary for supply chain managers at $85,585) in an in-demand and growing field, the supply chain may be the right choice for you. Enroll in an online Supply Chain Management course and get on a path to becoming a supply chain specialist.

Benefits

  • With each passing day, numerous job opportunities are opening in this sector.
  • Careers in this field are paying higher.
  • Jobs are available in this sector for individuals at every educational level.
  • Advancement opportunities are also plenty.
  • Careers in this field are very interesting.
  • Job opportunities for female gender are also increasing every day.
  • These careers provide a stepping stone into international business.

Eligibility

At least, graduation in any discipline preferably Commerce or Economics for better understanding

Here is the course outline:

1. About the Course

This Module about the course.

2. Process

The Supply Chain Management Process includes the building blocks of Supply Chain Management are Strategic Planning, Demand Planning, Supply Planning, Procurement, Manufacturing, Warehousing, Order Fulfillment, and Transportation business processes.

3. Process Flow

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

4. Flow Components

Supply Chain is the management of flows. There are five major flows in any supply chain: Product flow, Financial flow, Information flow, Value flow & Risk flow.

5. Decision Phases

In this module, we will discuss the decision phases carried out in supply chain management.

6. Performance Measures

This module discusses about the performance measures in the supply chain management.

7. Strategic Sourcing

Strategic sourcing can be defined as a collective and organized approach to supply chain management that defines the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.

8. Make vs Buy

Production units are identified mostly with their decision to make or buy. In other words, do they wish to produce the desired product on their own or do they want to purchase it from the foreign market?

9. Networks

Supply chain networks allow us to look at the big picture; giving us a better understanding of the flow of materials and information. ... Supply chains and supply networks both describe the flow and movement of materials & information, by linking organizations together to serve the end-customer.

10. Inventory Management

Inventory can range from raw materials, cash, finished goods, etc. Effective inventory management will optimize the supply chain, eliminate cash flow and reduce the possibility of occurrence on inventory shortage caused by variable orders.

11. Pricing & Revenue Management

Pricing is a factor that gears up profits in the supply chain through an appropriate match of supply and demand. Revenue management can be defined as the application of pricing to increase the profit produced from a limited supply of supply chain assets.

12. Integration

Supply chain integration is a close alignment and coordination within a supply chain, often with the use of shared management information systems. All of these materials and components form part of the company's supply chain of materials needed to produce the end result of a working computer.

13. Role of It

Technology solutions can play a vital role in increasing the speed of delivery and in keeping the customer informed about the product delivery schedule.

14. Agile and Reverse Supply Chains

An agile supply chain can be defined as a chain of supply that has the potential to respond to changing requirements in a way that accelerates the delivery of ordered goods to customers. In simple words, supply chain agility is a custom adopted by many companies for choosing a dealer.

15. Quiz

Supply Chain Management Quiz

Completion

The following certificates are awarded when the course is completed:

Certificate of Completion
Back to top