Supply Chain Management

Name: Supply Chain Management
Price: 25.99 USD
Availability: InStock

The Seven Principles of Supply Chain Management

Project Management & Leadership 5.0(51)3h 43m15 lectures2 sections

What you'll learn

Understand supply chain management and logistics
Know the goals, elements and stages of management
Manage supplier and customer relationships
Understand supply chain strategies
Design the supply chain and develop products within it
Choose locations and manage inventory
Understand the role of artificial intelligence in supply chains
Manage risks and evaluate the chain's performance

About this course

This course teaches Supply Chain Management and logistics, meaning how products move efficiently from suppliers to customers. You start with the concept of supply chain management, its goals and importance, its elements and the stages of its processes, then managing supplier and customer relationships. After that you learn supply chain strategies and logistics operations, designing the supply chain, developing products within it, choosing locations, managing inventory, and feedback. Then you get to know the role of artificial intelligence in supply chains, risk management, evaluating the chain's performance, and you finish by downloading the workbook. The course suits people working in purchasing, warehouses, transport and supply, management students, and project owners who want to organize the movement of goods. No previous experience is needed, because the course starts from the basic concepts and builds up gradually. By the end, you will be able to understand the components of a supply chain, design it and manage inventory in it, and assess risks and performance in an organized way.

Expected outcomes

Design integrated logistics systems that operate efficiently.
Reduce costs and improve operational efficiency.
Manage inventory effectively and minimize waste.
Evaluate and enhance supply chain performance using modern tools.

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Course content

Supply Chains and Logistics Services

14 lectures

Concept of Supply Chain and Logistics ManagementDefines supply chain and logistics management, covers management functions of planning, organizing, directing and controlling, and explains the difference between the two terms, with logistics emerging from supply chain management.14:57
Objectives and Importance of Supply Chain and Logistics ManagementClarifies the difference between the goals and the importance of supply chain management, covering aims such as reducing risk, improving safety, saving costs, efficiency and effectiveness, responsiveness and better inventory.19:10
Elements of Supply Chain ManagementExplains the elements of supply chain management, meaning the steps a product goes through from factory to consumer, such as sourcing, supplier and price selection, operations and quality control, storage and distribution.23:54
Stages of Supply Chain Management ProcessesExplains the flows within a supply chain, how materials move from suppliers to customers while information and feedback return to evaluate suppliers and improve operations, and how logistics relates to marketing.20:30
Supplier and Customer Relationship ManagementExplains supplier relationship management, from design collaboration, sourcing and negotiation to purchasing, and customer relationship management through defining the target customer and segments and fulfilling their orders.16:39
Supply Chain and Logistics StrategiesExplains strategy, strategic planning and plans and applies them to the supply chain, the levels of strategy, and decisions such as purchasing, forecasting, inventory policies and quality standards.17:34
Supply Chain DesignExplains the steps for designing supply chain channels, starting with studying the market and its driving forces such as competition, globalization and technology, then internal and external environments, aligning goals with the company and evaluating suppliers.15:00
Product Development in the Supply ChainExplains why companies develop their products and services, such as gaining competitive advantage, using existing capacities and outpacing competitors, and the role of supply chain management in development and the questions it asks.15:29
Site Selection in Supply Chains and Logistics OperationsExplains location selection in the supply chain, covering sourcing, storage and manufacturing sites, capacity and geographic decisions, and evaluating candidate locations with weighted factors.19:05
Inventory ManagementExplains inventory management in the supply chain, why companies hold inventory, the costs of holding, ordering and stockouts, and the link between inventory cost and lost sales, with indicators such as inventory turnover.14:48
FeedbackExplains reverse flow, meaning goods, information and money moving from the consumer back to the firm, cases of product recalls from the market, recall levels, and using specialized companies.8:05
Artificial Intelligence in Supply Chains and Logistics OperationsExplains the role of artificial intelligence and smart ERP systems in the supply chain, such as supplier evaluation, planning and scheduling, real-time assessment, shipment tracking, safety improvement and data integration.11:39
Supply Chain and Logistics Risk ManagementExplains supply chain risk management, its definition and types such as design change, competition, technology, exchange rates and food crises, with plans before, during and after a risk and reports to senior management.17:57
Supply Chain Performance EvaluationExplains the goals of evaluating supply chain performance, such as assessing staff and detecting deviations, the four measurement axes of quality, time, flexibility and cost, and indicators like inventory, product quality and delivery compliance.8:20