Overview
The supply chain is a crucial part of any business’ success. Optimizing the flow of products and services as they are planned, sourced, made, delivered, and returned can give your business an extra competitive edge.
This course will introduce you to the basic concepts of supply chain management, including the basic flow, core models, supply chain drivers, key metrics, benchmarking techniques, and ideas for taking your supply chain to the next level.
Learning Outcomes
After you complete this course, you will be able to:
- Define supply chain management and logistics
- Explain the vertical integration and virtual integration models
- Understand the stages in the basic supply chain flow
- Identify participants in the supply chain
- Recognize supply chain drivers and ways to optimize them
- Align supply chain strategy with business strategy
- Determine what metrics to track and how to benchmark the related data
- Troubleshoot basic supply chain problems
- Identify ways to develop your supply chain, such as using third-party logistics providers (3PL’s), insourcing processes, developing sustainable and eco-friendly strategies, leveraging process improvement strategies, and adopting new techniques
Course Outline
- 2.1: Defining the Terms
- 2.2: Regulations and Resources
- 3.1: Vertical Integration Model
- 3.2: Virtual Integration Model
- 3.3: What’s Next?
- 4.1: The Links in the Supply Chain
- 4.2: Making Connections
- 4.3: Participants in the Supply Chain
- 4.4: Designing Your Supply Chain
- 4.5: The Bullwhip Effect
- 5.1: Driving Success
- 5.2: Choosing the Right Transportation Methods
- 5.3: Making Connections
- 6.1: Identifying Your Market
- 6.2: Making Connections
- 6.3: Looking at Your Role
- 6.4: Analyzing the Data
- 6.5: Taking the Next Steps
- 6.6: Making Connections
- 8.1: Ratios and Formulas
- 8.2: What is Benchmarking?
- 8.3: The SCOR Model
- 8.4: The Balanced Scorecard
- 8.5: Supply Chain Management Dashboards
- 8.6: Making Connections
- 9.1: Signs of Trouble in Your Supply Chain
- 9.2: Supply Chain Best Practices
- 10.1: Outsourcing, Insourcing, Offshoring, and Reshoring
- 10.2: Third- and Fourth-Party Logistic Providers
- 10.3: Building Partnerships within Your Supply Chain
- 11.1: What is Sustainability?
- 11.2: Reducing the Impact on the Environment
- 12.1: Lean 101
- 12.2: Applying Lean to the Supply Chain
- 13.1: Top Trends
- 13.2: Making Connections
