| Bemerkung |
Dozent: Andreas Thorsen
This course focuses on the fundamental issues for managing supply chains in the global environment. Students learn about how companies design supply chains to meet their overall business strategy, which includes decisions about operations, distribution, and sourcing. Emphasis will be placed on how global facility location decisions can provide organizations with a competitive advantage. The course explores several contemporary global supply chain trends such as supply chain resiliency and risk management, dynamic pricing, and e-commerce. Students apply the theoretical concept of risk pooling to practical business situations to mitigate the impact of demand uncertainty on business performance. Overall, the course aims to equip students with a comprehensive understanding of global supply chain management issues and how to apply course concepts to business situations.
Why Should I Take Global Supply Chain Management, Anyway?
Supply chain management (SCM) is the design and management of flows of products, information, and funds throughout a supply chain. SCM impacts the success of all organizations, allowing them to deliver reliable and consistent results concerning revenue, profit margins, customer service, and quality, against the backdrop of supply and demand uncertainties. The course will present SCM as a cross-functional area of business that crosses the boundaries of marketing, management, operations, and finance disciplines.
Indeed, SCM is one of the fastest growing areas of business today. However, with fame comes the blame. The Covid-19 pandemic has made businesses more aware of how fragile global supply chains can be. Volatile demand, trade restrictions, and labor shortages have disrupted supply chains. As a result, businesses have experienced product shortages and rising costs. Understanding SCM concepts has become increasingly crucial in navigating such challenges. Learning about effective supply chain strategies, risk management, and resilience building is necessary for businesses to adapt, respond, and mitigate the impacts of such unforeseen disruptions. It empowers organizations to proactively address vulnerabilities, enhance flexibility, and maintain operational continuity, ensuring sustained competitiveness and resilience in an unpredictable global landscape.
Learning Objectives (with JJCBE learning goals):
At the conclusion of the course, students should be able to:
- Identify drivers of supply chain performance and define key metrics to track the performance (Knowledge of Business)
- Describe how global supply chain management can provide an organization a competitive edge (Knowledge of Business)
- Explain the challenges associated with supply chain coordination and approaches to mitigate the effects of these challenges (Critical Thinking)
- Evaluate the appropriate level of safety inventory for a supply chain, discuss the impact of supply uncertainty on safety inventory, and understand how aggregation helps reduce the required safety inventory in a supply chain (Quantitative Reasoning)
- Identify factors influencing supply chain network design decisions, and discuss frameworks for making network design decisions (Knowledge of Business, Critical Thinking)
- Identify how differential pricing can help increase profits when serving multiple customer segments and describe how dynamic pricing and overbooking can help increase profits from perishable assets (Quantitative Reasoning)
Class Format:
Class meetings will consist of lectures, discussions, and team-based activities and simulations.
Contact: io.msm@uni-due.de |
