Supply Chain Management Basics
Microcourse Description:
Imagine this: an entrepreneur has an idea for providing affordable organic linens to a national discount chain. But how will she get her product from a factory in South America to customers in the Midwest who will shop at one of the chain’s stores? What processes are involved? Who will perform what functions? What about financing and shipping? What will she need to do to ensure satisfied customers? These are the questions answered through supply chain management.
So then, what exactly is supply chain management? It is the management of interconnected businesses involved in providing goods or services to consumers. Supply chain management involves the finances, logistics, and delivery of products or services and requires integrated behavior and cooperation among the chain’s firms to be successful.
Learning Outcomes:
By the end of this microcourse you should be able to:
Identify how supply chain management relates to:
- Customer satisfaction
- Improving performance
- Lowering costs
- Product development
Define the terms:
- Procurement
- Upstream and Downstream
- Raw material
- Forecasting
- Carrying cost
- Inventory
- Order generation
- Order taking
- Order fulfillment
- Returns management
Understand the levels of supply chain management and their effects
- Strategic
- Tactical
- Operational
Comprehend the flows of supply chain management and data warehouses
- Product flow
- Information flow
- Finances flow
Take a look at inventory management
Study supply chain groups
Review tracking and monitoring methods
Examine supply chain event management
Faculty: Various
Pricing:
- Lite: $35
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Single microcourses do not qualify for academic credit. However, enrolled students can add three microcourses together, purchase a Microcourse Credit Conversion option, pay the difference between the cost of the microcourses and a regular trimester course at their degree level and submit your reflection journals and a Final Creative Assignment for grading. For assistance with this, please email our Registrar at registrar@ubiquityuniversity.org.
The rules guiding our assignment collection and grading process can be found here: Ubiquity University Grading Policy
Information about how we process refund or cancellation requests can be found here: Refund and Cancellation Policy.
