Basic notions of mathematics, probability theory and
statistics.
Supply chain management has gained tremendous
momentum over the past decades and is rightfully seen as
a competitive imperative in today's far-reaching and
increasingly more complex supply networks. However,
coordinating a supply chain represents a huge challenge,
and requires understanding how integrated supply chains
can delight customers, how to overcome adverse supply
chain dynamics, how to manage inventory and information,
as well as how to preserve superior supplier relationships.
Advancing supply chain management can deliver dramatic
results; it can put a company ahead of competition or leave
it behind.
In this course, several important concepts and topics will
be addressed:
- Introduction to the supply chain, its main concepts and its
importance
- Strategic supply chain design and facility location
- Inventory management
- Information flows in the supply chain
- Outsourcing, supplier relationships and revenue
management
- New trends in supply chain management
At the end of this course, the student is able to:
- Explain the importance of supply chain management in
today's companies' competitive strategy.
- Identify the main characteristics of a company's supply
chain strategy, in particular related to the main drivers of
supply chain performance.
- Analyze the consistency of a company's supply chain
strategy with its competitive strategy and its customer
needs.
- Propose recommendations in the right direction to
validate or improve a company's supply chain strategy.
- Choose and apply the right inventory policy to a particular
case, based on structured reasoning.
- Recognize the impact of other functions and of other
stages on a company's supply chain strategy.
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
