Course Summary
This course provides an overview of supply chain management strategy and covers topics such as demand forecasting, inventory management, and supplier selection.Key Learning Points
- Learn how to design and implement a successful supply chain management strategy
- Understand the importance of demand forecasting and how to use it to optimize inventory management
- Explore different sourcing and supplier selection strategies
Related Topics for further study
Learning Outcomes
- Develop a supply chain management strategy
- Optimize inventory management using demand forecasting techniques
- Evaluate different sourcing and supplier selection strategies
Prerequisites or good to have knowledge before taking this course
- Basic understanding of business concepts
- Familiarity with Excel
Course Difficulty Level
IntermediateCourse Format
- Online
- Self-paced
Similar Courses
- Operations Management
- Logistics and Supply Chain Fundamentals
- Supply Chain Analytics
Related Education Paths
Related Books
Description
Have you ever wondered what it takes to manage a successful supply chain? It all comes down to the right strategy. Supply Chain Management Strategy is the indispensable direction for managing a successful supply chain. This course is the capstone of the Supply Chain Management specialization. While, it is strongly recommended that you take all courses in this specialization, you do not have to if you believe you already have those skills. You will use the tools acquired in the previous four courses to create a supply chain management strategy in a real-life case scenario. At the completion of this course you will have shown mastery of the tools and techniques to successfully manage a complex network of companies that we call the supply chain.
Outline
- What is Supply Chain Strategy
- What is Supply Chain Management Strategy?
- How to Save 2.3% of Revenue
- Is this course for me?
- The Case
- Logistics at MTC
- Logistics at MTC
- How much inventory do we need?
- When to order inventory?
- How do you build a logistics network?
- Facilities: How many and where?
- Factors Influencing Logistics Networks
- Logistics Customer Service
- Logistics Challenges
- The Medical Devices Supply Chain at MTC
- The Key Decision-Makers in the Medical Devices Supply Chain
- Next Steps
- Current Industry Issues
- Operations at MTC
- Operations at MTC
- Lean Operations
- Why do companies need warehouses?
- How should we design a warehouse?
- Lean Inventory
- Operations at Challenges
- The Medical Devices Supply Chain
- The Key Decision-Makers in the Medical Devices Supply Chain
- Next Steps
- Planning at MTC
- Planning at MTC
- Naive Forecast
- Cumulative Mean Forecast
- Forecast Accuracy
- Moving Average
- Exponential Smoothing
- Planning Challenges
- The Medical Devices Supply Chain
- The Key Decision-Makers in the Medical Devices Supply Chain
- Next Steps
- Exhibit C
- Sourcing at MTC
- Sourcing at MTC
- Purchasing
- Procurement
- Supply Management
- Strategic Sourcing
- Make versus Buy
- Sourcing Challenges
- The Medical Devices Supply Chain at MTC
- Key Decision-Makers in the Medical Devices Supply Chain
- Current Issues
- Next Steps
- The Solution
- Solution Example
- Thank you for Learning with me!
- Now, convince me that you are right...
Summary of User Reviews
The Supply Chain Management Strategy course on Coursera received positive reviews from many users. Learners appreciated the comprehensive approach to the subject, making it easy to understand and apply in real-world situations. However, some users found the course material to be too basic and lacking in depth.Key Aspect Users Liked About This Course
Comprehensive approach to the subjectPros from User Reviews
- Easy to understand and apply in real-world situations
- Good introduction to the fundamentals of supply chain management
- Well-structured course content
- Great instructor engagement and interaction with learners
Cons from User Reviews
- Some users found the course material to be too basic and lacking in depth
- Limited discussion on advanced topics
- Lack of hands-on activities and exercises
- Course content can be repetitive at times
Rudolf Leuschner, Ph.D.
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