Supply Chain Management

MicroMasters Program

Level:

Beginner/
Intermediate

Duration:

336 hours

Effort:

4-6 Hours weekly

Language:

Arabic/English

Price:

£ 4444

Why Supply Chain Management MicroMasters?

Since organizations choose many different ways to compete and succeed, the discussion starts at the top with strategy and shows how operations strategies directly flow from and support corporate strategy. This MicroMasters starts by introducing the supply chain management environment. It shows how manufacturing fits within this highly interconnected system and helps it thrive. This course describes how manufacturers move their products from creation to the customer via distribution channels, and it also discusses the value of market and supplier segmentation. Examines manufacturing strategies, including the pros and cons of each major strategy and why they may be employed by manufacturers in various environments. It continues to cover the different manufacturing processes and layouts, including the benefits of different layouts and why one layout may be chosen over another for the production of a given product.

This online Master’s degree program is designed for individuals with a four-year undergraduate degree in a quantitatively focused area and does not require any previous work experience. Participants will gain an in-depth understanding of the role of supply chain managers in enterprise supply chains and in determining overall strategy. This MicroMasters degree also exposes participants to leading supply chain management operating practices, analysis methods, technology applications, and strategic development. Throughout the seven stages and certificates of studying supply chain management and strategic procurement management, the learners will bridge the gap between academic theories and real-world procurement management.

Who is this program for?

Syllabus

  • Operational objectives to meet competitive priorities.
  • Operating environment.
  • Business strategy and supply chain planning.
  • Marketing strategies.
  • Distribution channels.
  • Marketing and supplier segmentation.
  • Fundamentals of sales and operations planning.
  • Production Planning.
  • Master Scheduling and the Master Production Schedule (MPS).
  • Updating the sales forecasting report.
  • Demand planning phase.
  • Manufacturing planning and control.
  • Manufacturing Process and Philosophy.
  • Manufacturing Environments.
  • Manufacturing Business Model.
  • Differences Between Manufacturing Environments.
  • Manufacturing Process Types.
  • KPIs and Metrics.
  • Measuring Performance.
  • Sustainable and Socially Responsible Supply Chains.
  • Internal and External Strategy Influences.
  • Ethics, Sustainability, and Social Responsibility.
  • Financial, Legal, and Regulatory Compliance.
  • Overview of Supply Chain Design: Introduction to Network Flow models.
  • Basic Supply Chain Network Design: Facility Location and Network Design problems.
  • Advanced Supply Chain Network Design: Modeling multiple products, multiple echelons, and multiple time periods.
  • Supply Chain Finance I: Activity Based Costing, Working Capital, and Cash-to-Cash conversation cycle.
  • Supply Chain Finance II: Discounted cash flow analysis and capital budgeting and investing.
  • Supplier Management I: Auctions, sourcing, and procurement.
  • Supplier Management II: Optimization based procurement, and risk sharing.
  • Production Planning: Introduction to Bills of Material (BOM), Material Resource Planning (MRP) systems, and Distribution Resource Planning (DRP) systems.
  • Demand Management: Challenges of collaboration with customers and management levers to improve coordination.
  • Independent Demand Ordering Systems.
  • Creating a Product Road Map.
  • Product Development.
  • Characteristics of Demand.
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  • Process & Organizational Design: The design of the supply chain organization itself.
  • Procurement and Operations Management.
  • Strategic Procurement.
  • Sourcing Decisions in Supply Chain Management.
  • Basics of Forecasting Techniques.
  • CRM Role in Supply Chain Management.
  • Supply Chain Design and Cost Management.
  • Decision Models for Supply Chain.
  • Supplier Management and Negotiation.
  • Quality Management.
  • Contact Management.
  • Tender Management.
  • Project Management.
  • Aggregate Inventory Management.
  • Types of Inventory.
  • Functions of Inventory.
  • Item Inventory Management.
  • Inventory Controls.
  • Inventory Costs.
  • Order Quantities.
  • Economic Order Quantity.
  • Ordering Costs.
  • Financial Statements and Inventory.
  • Financial Inventory Performance Measures.
  • Financial Statement Inventory Valuation.
  • Inventory Policies.
  • Inventory Policies to Protect Against Uncertainty.
  • Auditing Inventory Records.
  • Executing the Supply Plan.
  • Purchasing Participants and Objectives.
  • Establishing External Supply.
  • Completing the Purchasing Process.
  • Responding to Supply Disruptions and Changes.
  • Measuring Supplier Performance.
  • Execution and Control.
  • Flow Processes.
  • Batch Processes.
  • Bottleneck Management.
  • Supply Chain Risk Management.
  • Fundamental IT concepts and Introduction to e-SCM.
  • Supply Chain Management systems.
  • Analysis of data from supply chain systems.
  • Internet-enabled supply chains and cloud computing basics.
  • Key supply chain management application tools and software.
  • The acquisition and use of data in the supply chain.
  • Introduction to industry 4.0 and the new technological trends.
  • Supply chain used cases adopting.
  • Big data analytics.
  • Internet of Things (IoT).
  • Blockchain and smart contracts.
  • Virtual augmented and mixed reality.
  • Artificial Intelligence (AI) and robotics.
  • Introduction to the “Physical Internet” and how it would change the logistics and supply chain landscape.
  • Supply Chain Analytics.
  • Statistics in supply chains.
  • Formulating and solving optimization models.
  • Basic logistics and supply chain design principles.
  • Logistics and Operations Management.
  • Managing Capacity.
  • Aggregate Planning.
  • Transportation Management.
  • Global Considerations in Logistics Management.
  • Case Studies in Global Supply Chain & Logistics.

Key Programme Takeaways

  • Incorporate and manage uncertainty and risk within supply chain management.

  • Segment different customers, products, and channels and design an optimal portfolio of logistics approaches and strategies for these various segments.

  • Select the optimal transportation routing and modal choice for each segment.

  • Design supply chain networks as well as financial and information flows.

  • How technology is used within supply chains from fundamentals to packaged software systems.

  • End to end supply chain management.

Your Learning Journey

The first week is orientation week. During this week you will be introduced to the other participants in the class from across the world and you will learn about the track details, materials, assignments, and final project.

On other weeks, you have learning goals set for the week. The goals would include the online interactive lectures and completing the assignments. All assignments need to be submitted within one week.

The programme features weekly live online sessions with industry practitioners who are available to help you clarify your doubts pertaining to the content. Assignments are graded by the program faculty.

Discussion boards are an integral part of each module and provide a forum where participants can interact, share ideas, and ask questions.

Live webinars with Everest Business School provide opportunity for additional instruction as well as Q&A sessions for the group.

The Programme Support team will follow up over emails and phone calls with learners who are unable to submit their assignments on time or have any other concerns during the learning journey till sending the MicroMasters’ final grade.