The Strategic Supply Chain Management course will introduce learners to the 4C framework: chain, capacity, coordination, and competitiveness. Strategic supply chain choices and application cases will be analyzed. Tools to analyze the impact of strategic choices will also be reviewed.
Students will Learn:
Learners will study the benefits of applying the 4C framework to a supply chain, assess the impact of supply chain structure on demand variability, analyze competing supply chains, evaluate how capacity can impact supply chain performance metrics, and identify how coordinating agreements can maximize supply chain profit.
Module 1 – Introduction to Supply Chains
- Learning Objective: Identify a 4C view of a supply chain and how it focuses on chain structure, capacity, coordination, and competitiveness, analyze how the 4C approach provides a characterization of a supply chain’s architecture, assess the alternate choices of 4C through an audit, identify the significant changes through leveraging the 4Cs.
Module 2 – Chain Structure
- Learning Objective: Assess the impact of the supply chain structure on demand variability, identify how consolidation warehouses can improve performance by reducing inventories, and analyze the optimization of a supply chain flow in response to changing demand and supply conditions and how it is necessary to align supply and demand conditions profitably.
Module 3 – Competition
- Learning Objective: Define the alternate metrics impact location of inventories and roles, analyze competing supply chains impact inventories, expected profits, and impact of competition, and develop an understanding of the “prisoner’s dilemma.”
Module 4 – Capacity
- Learning Objective: Define capacity as the designed system throughput per unit of time, identify how buffer capacity may be optimal to hedge against demand uncertainty, assess longer procurement lead times and how they may require a larger capacity, describe splitting/pooling capacity as a decision that requires a focus on task characteristics and thus a lead time, analyze how temporal capacity adjustments may require shift allocations to be matched to demand patterns, and evaluate the capacity “C” and how it can impact supply chain performance metrics.
Module 5 – Coordination
- Learning Objective: Identify that in the absence of coordinating agreements, the supply chain profit is not maximized, analyze how coordinating agreements enable independent decisions by participants in the supply chain while attaining the supply chain maximum profit, and develop an understanding on how coordination agreements offer a toll to enable both supply chain profit increases as well as win-win outcomes across supply chain participants.
- Professionals looking for career enhancement in Supply Chain Management may be interested in taking this course.
Other Courses in the Series
- Operational Supply Chain Management (bs.scm.i2)