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Purchasing is no longer simply about buying requested materials and goods. In Evolving Role of Supply Chain Management, students take a look back in time to study the industry's evolution and areas of high impact such as, transportation, warehousing, and supplier management. They gain an understanding of the latest best practices in this evolving field.
Especially in the post-pandemic era, supply chain management professionals who learn to manage product planning, supplier development, and system implementation have a broad impact on an organization, particularly its bottom line. The evolution of this field has made the supply chain professional a critical role in any successful company.
Learning Outcomes
- Understand the role supply chain management plays in an organization
- Recognize potential impacts to an organization's bottom line
- Compare and contrast skills needed in the future
- Recognize the career potential of supply chain management
Topics include
- Supply chain management defined
- The purchasing multiplier and whip effect
- Product planning and development
- Key skills for supply chain professionals
- Trends in supply chain management
- Lean Six Sigma in supply chain management
- Leadership expectation of future supply chain professionals
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