MGS 4120 INTRO TO SUPPLY CHAIN MNGT
SUPPLY CHAIN MANAGEMENT (SCM) HAS BEEN CRITICAL TO THE SURVIVAL AND THE SUCCESS OF A FIRM IN TODAY?S GLOBAL MARKETS WHERE COMPETITION HAS BECOME FIERCE MORE THAN EVER. IN ADDITION, RAPID INFORMATION AND TECHNOLOGICAL CHANGES AND HEIGHTENED REQUIREMENTS AND EXPECTATIONS FROM CUSTOMERS REQUIRE FIRMS TO IMPROVE AND TRANSFORM THEIR TRADITIONAL FUNCTIONS SUCH AS PURCHASING, PRODUCTION, LOGISTICS, INFORMATION SYSTEMS, MARKETING AND FINANCE. THE SUPPLY CHAIN CONSISTS OF ALL PRODUCEDURES AND ACTIVITIES THAT ARE NECESSARY FOR A FIRM TO BRING PRODUCTS AND/OR SERVICE TO CUSTOMERS. THE OBJECTIVE OF SUPPLY CHAIN MANAGEMENT (SCM) IS TO COORDINATE AND INTEGRATE ALL THE AFOREMENTIONED PROCESS AND ACTIVITIES TO MEET CUSTOMERS? EXPECTATIONS IN THE MOST EFFICIENT AND EFFECTIVE WAY. ON THE OTHER HAND, FIRMS ENCOUNTER SUBSTANTIAL CHALLENGES AND COMPETITIONS AS WELL AS SIGNIFICANT OPPORTUNITIES. MANY GLOBAL COMPANIES, FOR INSTANCE, WAL-MART, IBM, AND PROCTOR & GAMBLE, HAVE GAINED SUBSTANTIAL COMPETITIVE ADVANTAGE BY IMPLEMENTING ADVANCED SUPPLY CHAIN DESIGN AND INTEGRATION STRATEGIES. IN THE MEANTIME, TECHNOLOGY ADVANCEEMENT, INDUSTRIAL INNOVATION, AND RESEARCH HAVE LED TO RAPID GROWTH IN OUR KNOWLEDGE OF HOW TO MANAGE SUPPLY CHAINS EFFECTIVELY. THIS COURSE IS SERVED AS AN INTRODUCTION TO SUPPLY CHAIN MANAGEMENT. WE WILL LEARN IMPORTANT CONCEPTS, PRINCPLES, AND STRATEGIES OF SCM AS WELL AS TOOLS AND TECHNIQUES TO SOLVE REAL SUPPLY CHAIN PROBLEMS. WE FOCUS ON PRACTICE-ORIENTED LEARNING PROCESS AND ENHANCING ANALYTICAL AND PROBLEM-SOLVING SKILLS THROUGH DISCUSSING AND ANALYZING INNOVATIONS AND CUTTING EDGE RESEARCH AS WELL AS REALBUSINESS CASES IN SCM.