What you’ll learn
- Explain the foundational concepts of Supply Chain Management (SCM), including its definition, key components, processes, and historical evolution.
- Analyze various supply chain models and frameworks, such as the SCOR Model, Lean Supply Chain, and Agile Supply Chain, and their applications.
- Identify and evaluate current trends in supply chain management, focusing on digital transformation, sustainability, and globalization.
- Demonstrate a thorough understanding of demand planning fundamentals, including its importance, processes, and roles and responsibilities.
- Apply qualitative and quantitative forecasting techniques to develop accurate demand forecasts, utilizing tools and software effectively.
- Develop strategic supply chain management plans that align with business strategies and create competitive advantages.
- Implement effective inventory management techniques, including EOQ, JIT, and ABC analysis, and utilize modern inventory management technologies.
- Design and execute procurement processes and strategies, incorporating supplier selection, evaluation, negotiation, and strategic sourcing principles.
- Manage logistics and transportation operations efficiently, including transportation planning, carrier management, warehousing, and the use of advanced logistic
- Utilize supply chain analytics and big data to enhance decision-making processes, employing descriptive, predictive, and prescriptive analytics to optimize supp