- Business Studies
- 28 MGTC 325 – Fundamentals of Supply Chain (1.5)
28 MGTC 325 – Fundamentals of Supply Chain (1.5)
Supply chain management is one of the major functions of any business. Supply chain is a way of looking at an organization as a series of processes rather than departments. With viewing a company as a series of processes, cost savings, time savings, and job satisfaction measures can be implemented through project management. Supply chain management is a key function for organizations that manufacture a product (like Boeing), as well as those that offer a service (like Bank of America).
Upon successful mastery of this competency, you will be able to:
- Define supply chain management and the role of logistics in supply chain management.
- Develop an understanding of how to view an organization through the perspective of supply chain or process or product flow (rather than as a series of departments).
- Develop an understanding of strategic sourcing and business process improvement.
- Develop an understanding of how to create value in the supply chain (e.g., logistics, design, procurement, manufacturing, customer service, customer retention, asset management, packaging, and transportation).
- Develop an understanding of project management activities and how they complement supply chain management.
- Develop an understanding of project management components and challenges from a global perspective.
- Develop an understanding of project management tools (e.g., GANTT Chart and PERT chart).