Supply Chain Management

Unit 1 – Supply Chain Management Fundamentals

Unit 2 – Supply Chain Strategy and Design

Unit 3 – Demand Forecasting and Planning

Unit 4 – Inventory Management

Unit 5 – Procurement & Supplier Relationships

Unit 6 – Production Planning and Control

Unit 7 – Lean Ops and Quality Management

Unit 8 – Warehousing & Materials Handling

Unit 9 – Transportation & Distribution in SCM

Unit 10 – Global Logistics & Trade Compliance

Unit 11 – Supply Chain Tech & Information Systems

Unit 12 – Supply Chain Performance Metrics & Analytics

Unit 13 – Supply Chain Risk and Resilience

Unit 14 – Sustainable Supply Chain Practices

Unit 15 – Supply Chain Integration & Collaboration

## What do you learn in Supply Chain Management

Supply Chain Management covers the entire process of getting products from suppliers to customers. You'll learn about inventory management, logistics, procurement, and distribution. The course dives into demand forecasting, warehouse operations, transportation planning, and supplier relationships. It also touches on technology's role in modern supply chains and global trade considerations.

## Is Supply Chain Management hard?

Supply Chain Management can be challenging, but it's not impossible. The toughest part is wrapping your head around all the moving pieces and how they fit together. There's a fair bit of math and data analysis involved, which some students find tricky. But if you're good at problem-solving and enjoy puzzles, you might actually find it pretty interesting. The key is staying organized and not falling behind on the readings.

## Tips for taking Supply Chain Management in college

1. Use [Fiveable Study Guides](https://fiveable.me/cram-mode) to help you cram 🌶️
2. Create visual maps of supply chain processes to understand connections
3. Practice demand forecasting with real-world examples
4. Stay updated on current events affecting global supply chains
5. Use Excel or other software to manage and analyze supply chain data
6. Join a supply chain student organization for networking and extra learning
7. Watch "The Coca-Cola Company: Inside the World's Largest Beverage Distribution Network" documentary
8. Read "The Goal" by Eliyahu M. Goldratt for a fun take on operations management

## Common pre-requisites for Supply Chain Management

1. Introduction to Business: This course provides a broad overview of business fundamentals, including basic concepts in management, marketing, and finance. It sets the stage for understanding how supply chains fit into the larger business picture.

2. Business Statistics: This class covers statistical methods used in business decision-making. It includes probability, sampling, hypothesis testing, and regression analysis, which are crucial for supply chain forecasting and analysis.

3. Principles of Economics: This course introduces microeconomic and macroeconomic concepts. It helps students understand market dynamics, supply and demand, and economic factors that influence supply chain decisions.

## Classes similar to Supply Chain Management

1. Operations Management: This course focuses on managing the production of goods and services. It covers process analysis, quality control, and capacity planning, complementing supply chain concepts.

2. Logistics Management: This class dives deep into transportation, warehousing, and distribution. It explores how to efficiently move and store products throughout the supply chain.

3. Procurement and Sourcing: This course examines strategies for acquiring goods and services. It covers supplier selection, contract negotiation, and cost analysis in the context of supply chain management.

4. Global Supply Chain Management: This class expands on basic supply chain concepts to include international trade, customs regulations, and managing global supplier relationships.

## Majors related to Supply Chain Management

1. Business Administration: Covers a broad range of business topics including finance, marketing, and management. Supply chain management is often a key component of this versatile degree.

2. Industrial Engineering: Focuses on optimizing complex systems and processes. It applies engineering principles to supply chain problems and often includes courses in logistics and operations research.

3. International Business: Explores global trade, cross-cultural management, and international finance. It often includes supply chain management with an emphasis on global logistics and trade regulations.

4. Information Systems: Concentrates on the use of technology in business. It often includes courses on supply chain management software and data analytics for logistics.

## What can you do with a degree in Supply Chain Management?

1. Supply Chain Analyst: Analyzes data to improve supply chain efficiency. They use statistical tools and software to forecast demand, optimize inventory levels, and identify areas for cost reduction.

2. Logistics Manager: Oversees the movement and storage of goods. They coordinate transportation, manage warehouses, and ensure products are delivered on time and in good condition.

3. Procurement Specialist: Manages the acquisition of goods and services for an organization. They research suppliers, negotiate contracts, and work to reduce costs while maintaining quality.

4. Operations Manager: Oversees the production of goods or services. They manage resources, implement process improvements, and ensure smooth day-to-day operations within the supply chain.

## Supply Chain Management FAQs

1. How much math is involved in Supply Chain Management? While there's some math, it's mostly applied statistics and basic calculations. You don't need to be a math whiz, but being comfortable with numbers definitely helps.

2. Can I specialize within Supply Chain Management? Yes, many programs offer specializations in areas like logistics, procurement, or sustainable supply chains. These can help you focus on the aspects that interest you most.

3. How important is technology in Supply Chain Management? Very important! Modern supply chains rely heavily on software for planning, tracking, and analysis. Familiarity with supply chain management software is a big plus in the job market.

Business Management

1.3 Key Components and Processes in Supply Chains

1.4 Supply Chain Flows and Drivers

1.1 Fundamentals of Supply Chain Management

1.2 Evolution and Importance of Supply Chains

2.4 Supply Chain Mapping and Optimization

2.1 Aligning Supply Chain Strategy with Business Strategy

2.2 Supply Chain Network Design

2.3 Make vs. Buy Decisions and Outsourcing

3.1 Forecasting Methods and Techniques

3.2 Demand Planning and Management

3.3 Sales and Operations Planning (S&OP)

3.4 Collaborative Planning, Forecasting, and Replenishment (CPFR)

4.1 Inventory Types and Costs

4.4 Inventory Optimization Strategies

4.3 Safety Stock and Service Levels

4.2 Inventory Control Systems and Models

5.4 Supplier Relationship Management (SRM)

5.1 Strategic Sourcing and Supplier Selection

5.2 Contract Management and Negotiation

5.3 Supplier Performance Evaluation and Development

6.2 Material Requirements Planning (MRP)

6.1 Master Production Scheduling (MPS)

6.3 Capacity Planning and Management

6.4 Production Scheduling and Sequencing

7.1 Lean Principles and Practices

7.4 Quality Control and Assurance in Supply Chains

7.3 Total Quality Management (TQM)

7.2 Six Sigma and Continuous Improvement

8.1 Warehouse Design and Layout

8.3 Order Picking and Packing Strategies

8.4 Warehouse Management Systems (WMS)

8.2 Inventory Storage and Retrieval Systems

9.3 Route Planning and Optimization

9.4 Last-Mile Delivery and Reverse Logistics

9.1 Transportation Modes and Intermodal Solutions

9.2 Carrier Selection and Management

10.2 Global Supply Chain Strategies

10.3 Import/Export Processes and Customs Clearance

10.1 International Trade Regulations and Documentation

10.4 Managing Global Supply Chain Risks

11.4 Emerging Technologies in Supply Chain Management

11.1 Enterprise Resource Planning (ERP) Systems

11.2 Supply Chain Visibility and Tracking Technologies

11.3 E-commerce and Digital Supply Chains

12.4 Benchmarking and Continuous Improvement

12.3 Supply Chain Analytics and Big Data

12.1 Key Performance Indicators (KPIs) in Supply Chains

12.2 Balanced Scorecard Approach for Supply Chains

13.1 Types of Supply Chain Risks

13.4 Building Resilient Supply Chains

13.3 Business Continuity Planning

13.2 Risk Assessment and Mitigation Strategies

14.4 Green Supply Chain Management

14.1 Environmental Sustainability in Supply Chains

14.2 Social Responsibility and Ethical Sourcing

14.3 Circular Economy and Reverse Logistics

15.3 Collaborative Planning and Execution

15.2 Supply Chain Partnerships and Alliances

15.4 Change Management in Supply Chains

15.1 Internal and External Supply Chain Integration

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