Supply chain management: Be global

Start Date: 07/05/2020

Course Type: Common Course

Course Link:

About Course

Businesses and their supply chains are facing increasing competition and uncertainty in what is now a truly globalised trade environment. To remain competitive, organisations need to think globally – ensuring supply chains meet customer demands while minimising costs and maximising responsiveness. From a strategic perspective, this involves making important trade-off decisions between cost, quality and flexibility of supply chains. Via structured learning activities (video lectures, quizzes, discussion prompts and written assessments) this course will equip you with the future-focused capabilities needed to design and manage effective, sustainable and efficient global supply chains of tomorrow.

Course Syllabus

Strategic supply chain management in global markets
Logistics drivers of global supply chains
Principles of global supply chain network design
Sourcing decisions in global markets

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Course Introduction

Supply chain management: Be global, support your supply chain This is the second course in the Global Supply Chain Management specialization, which focuses on requirements driven decision making for critical chain members. In this course, students will learn the essential linkages between supply chain management and the supply chain architecture. We will cover selected topics such as supply chain risk, supply chain management, supply chain sustainability, supply chain business models, system design and cost control. Upon completion of this course, students will be able to: • Analyze requirements driven decision making in the supply chain • Apply requirements driven decision making in the supply chain • Apply requirements driven decision making in the supply chain • Analyze requirements driven decision making in the supply chain • Analyze requirements driven decision making in the supply chain • Manage the supply chain business model, supply chain business models, and systems design • Investigate and develop systems business models, supply chains business models, and systems designs • Investigate and develop systems business models, supply chains business models, and systems designs • Apply the business case for a system design, and the business case for an integrated business model, supply chain management, supply chain management, and cost controlBusiness, Supply Chain & Decision Making Requirements Driven Decision Making Supply Chain Risk System Design Supply Chain Logistics Have you ever wondered how products get delivered

Course Tag

Risk Assessment Supply Chain Sustainable Design

Related Wiki Topic

Article Example
Supply chain management There are a number of organizations that provide certification exams, such as CSCMP (Council of Supply Chain Management Professionals), IIPMR (International Institute for Procurement and Market Research), APICS (the Association for Operations Management), ISCEA (The International Supply Chain Education Alliance) and IOSCM (Institute of Supply Chain Management). APICS' certification is called "Certified Supply Chain Professional", or CSCP, and ISCEA'S certification is called the "Certified Supply Chain Manager" (CSCM), CISCM (Chartered Institute of Supply Chain Management) awards certificate as "Chartered Supply Chain Management Professional" (CSCMP). Another, the Institute for Supply Management, is developing one called the "Certified Professional in Supply Management" (CPSM) focused on the procurement and sourcing areas of supply chain management. The Supply Chain Management Association (SCMA) is the main certifying body for Canada with the designations having global reciprocity. The designation Supply Chain Management Professional (SCMP) is the title of the supply chain leadership designation.
Global Supply Chain Governance There is not always a distinction made between supply chain management and global supply chain governance though they are fundamentally different.
Supply chain management The third movement of supply chain management development, the globalization era, can be characterized by the attention given to global systems of supplier relationships and the expansion of supply chains beyond national boundaries and into other continents. Although the use of global sources in organisations' supply chains can be traced back several decades (e.g., in the oil industry), it was not until the late 1980s that a considerable number of organizations started to integrate global sources into their core business. This era is characterized by the globalization of supply chain management in organizations with the goal of increasing their competitive advantage, adding value, and reducing costs through global sourcing.
Supply chain management Supply chain event management (SCEM) considers all possible events and factors that can disrupt a supply chain. With SCEM, possible scenarios can be created and solutions devised.
Supply chain management Supply chain professionals need to have knowledge of managing supply chain functions such as transportation, warehousing, inventory management, and production planning. In the past, supply chain professionals emphasized logistics skills, such as knowledge of shipping routes, familiarity with warehousing equipment and distribution center locations and footprints, and a solid grasp of freight rates and fuel costs. More recently, supply chain management extends to logistical support across firms and management of global supply chains. Supply chain professionals need to have an understanding of business continuity basics and strategies.
Supply Chain Management Review Supply Chain Management Review (SCMR) is a U.S.-based business management magazine. "SCMR" covers analysis and trends in supply chain management.
Supply chain risk management Supply chain risk management typically involves four processes: identification, assessment, controlling, and monitoring of supply chain risks. However, due to the complexity of many supply chains, these processes might not be sufficient to ensure that all eventualities are prepared for. Therefore, the concept of supply chain risk management, which is cause-oriented, is often combined with the concept of supply chain resilience, which is aims to ensure that the supply chain can bounce back from risks irrespective of their cause. Hereby, Wieland & Wallenburg (2013) distinguish between proactive and reactive elements of supply chain resilience. Durach et al. (2015) provide a systematic overview of proactive resilience, which they call supply chain robustness.
Supply chain network There are many systems which can be utilised to manage and improve a supply chain network include Order Management Systems, Warehouse Management System, Transportation Management Systems, Strategic Logistics Modelling, Inventory Management Systems, Replenishment Systems, Supply Chain Visibility, Optimisation Tools and more. Emerging technologies and standards such as the RFID and the GS1 Global Standards are now making it possible to automate these Supply Chain Networks in a real time manner making them more efficient than the simple supply chain of the past.
Global Supply Chain Governance O'Shea, Golden, and Olander identify risks from global supply chain disruptions as another of the primary pressures that influence governance strategy formulation and implementation. Supply of resources is critical in the global supply chain and any risks to the availability of resources must be seriously considered. Climate change and extreme weather patterns have a growing impact on the supply of key supply chain inputs, this forces firms to take action in terms of preserving these resources and innovating around the problem (ie. Finding a substitution). Environmental considerations being made in global supply chain governance are also often an attempt to promote good corporate social relationships.
Supply chain The Council of Supply Chain Management Professionals (CSCMP) defines supply chain management as follows:
Supply chain management A supply chain, as opposed to supply chain management, is a set of organizations directly linked by one or more upstream and downstream flows of products, services, finances, or information from a source to a customer. Supply chain management is the management of such a chain.
Supply chain management Beyond design and maintenance of a supply chain itself, supply chain professionals participate in aspects of business that have a bearing on supply chains, such as sales forecasting, quality management, strategy development, customer service, and systems analysis. Production of a good may evolve over time, rendering an existing supply chain design obsolete. Supply chain professionals need to be aware of changes in production and business climate that affect supply chains and create alternative supply chains as the need arises.
Supply chain management Global supply chains pose challenges regarding both quantity and value. Supply and value chain trends include:
Global supply-chain finance 1.) Market trends with respect to the global supply chain have caused companies to demand an integrated approach/solution to physical and financial supply chain challenges:
Supply chain attack The Comprehensive National Cybersecurity Initiative and the Cyberspace Policy Review passed by the Bush and Obama administrations respectively, direct U.S. federal funding for development of multi-pronged approaches for global supply chain risk management. According to Adrian Davis of the Technology Innovation Management Review, securing organizations from supply chain attacks begins with building cyber-resilient systems. Supply chain resilience is, according to supply chain risk management expert Donal Walters, “the ability of the supply chain to cope with unexpected disturbances” and one of its characteristics is a company-wide recognition of where the supply chain is most susceptible to infiltration. Supply chain management plays a crucial role in creating effective supply chain resilience.
Supply chain management Other commonly accepted definitions of supply chain management include:
Supply chain management Supply chain professionals play major roles in the design and management of supply chains. In the design of supply chains, they help determine whether a product or service is provided by the firm itself (insourcing) or by another firm elsewhere (outsourcing). In the management of supply chains, supply chain professionals coordinate production among multiple providers, ensuring that production and transport of goods happen with minimal quality control or inventory problems. One goal of a well-designed and maintained supply chain for a product is to successfully build the product at minimal cost. Such a supply chain could be considered a competitive advantage for a firm.
Supply management (procurement) Supply management is different from supply chain management, though it can be considered a component of supply chain management. Conversely, where the supply management function is established as a C-level strategic effort, supply chain management is but one component of an overall strategic supply management approach. Supply management is a complementary discipline that encompasses the alignment of organizations, processes, and systems for strategic sourcing, contract management, supplier management, spend analysis to continuously improve global supply for best-value performance in support of the strategic objectives of the business.
Talent supply chain management In practice, Talent Supply Chain Management integrates Managed Service Provider (MSP) expertise with workforce analytics also referred to as supply chain intelligence (including talent supply/demand dynamics, insight on talent motivations, and applied principles of supply chain management), to deliver access to quality talent at competitive rates and with minimized risk.
Supply chain management Supply chain management software includes tools or modules used to execute supply chain transactions, manage supplier relationships, and control associated business processes.