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Supply chain courses teach students about the process of transforming raw materials into finished products in an efficient and cost-effective way. They cover stages such as planning, development, manufacturing, and feedback, as well as topics like global operations, logistics, internet supply chains, and optimization.
Supply chain courses are focused on teaching students to better understand the supply chain process by which companies transform raw materials into a finished product that is sold to consumers in the most efficient and cost-effective way possible. For example, supply chain courses cover stages such as the planning stage, the development stage, the manufacturing stage, and the feedback stage. Additionally, supply chain courses cover topics such as global operations, supply chain logistics, Internet supply chains, and supply chain optimization.
The course concerning the planning stage has to do with how companies decide to meet customer needs. Supply chain courses related to the development stage focus on when companies build relationships with suppliers of raw materials needed to manufacture products. The course that emphasizes the manufacturing stage is focused on how the company makes, tests, packages and delivers the product to the consumer. Supply chain courses that emphasize the return stage emphasize the phase where customers can ask questions and return the product if they don’t like it.
Global operations courses include an emphasis on how companies can identify and utilize local strengths and weaknesses. The purpose of this is for students to learn to analyze local strengths and weaknesses and integrate this information into their management efforts. This will allow them to learn how to manage operations in such a way that they can effectively run a business despite cultural, geographic, and organizational obstacles.
Supply chain logistics courses help students work in groups, practice their economic analysis skills, and learn how to design manufacturing or distribution systems. Typically, there is an emphasis on topics such as the transportation system, inventory policy, and national distribution systems. In addition, there is an emphasis on workflow and the layout of the work area or plant in which the product was designed.
Internet-enabled supply chain-related courses focus on how the Internet has changed supply chain business interaction and relationships. For example, there is an emphasis on topics such as electronic auctions, electronic exchanges and dynamic pricing. In addition, there is an emphasis on topics such as compatibility options, packaging, virtual value chains, and the question of how information technology advances in supply chain integration.
The supply chain optimization course involves advanced exposure to optimization theory and probability. It also involves learning to do supply chain calculations using network, dynamic, network, concave, and convex programming. There is also an emphasis on learning about network flow models and stochastic comparison.
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