Supply Chain Management in a Changing World


Not Currently Offered


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overview

 Despite huge technology and efficiency advances, most organizations have not yet realized the full capabilities of their supply chains. In this program, participants will examine the latest challenges facing supply chains in light of increased globalization and security concerns, industry consolidation, and rising customer expectations. Faculty experts in inventory and distribution management, strategic sourcing, and technology management draw from the latest supply chain research and best practices to develop an exciting and timely curriculum. Through exercises, case discussions, and industry panels, participants will be exposed to new supply chain management tools, concepts, and strategies, and challenged to apply these ideas in their own businesses.


Objectives

To leverage your company's untapped supply chain capabilities by:

  • Understanding the impact of recent trends on supply chain dynamics such as globalization, industry consolidation, disruption risks (e.g. terrorist attack or avian flu pandemic), technology developments, and innovation.
  • Identifying the appropriate supply chain strategy for your business.
  • Using information, rapid replenishment, and postponement to reduce your supply chain costs.
  • Avoiding common pitfalls in choosing suppliers and managing supplier relationships.
  • Determining when outsourcing is an appropriate option.
  • Developing a technology strategy that supports your supply chain objectives.
  • Identifying and managing mutually beneficial supply chain initiatives with suppliers and customers.

Who Should Attend

Knowledge of supply chain management is essential for any executive who wants to strategically leverage the internal capabilities of their business and identify opportunities for collaboration with customers and suppliers.


This program is especially designed for executives with job functions that include some aspect of supply chain management, as well as professionals with sole responsibility for supply chain design and execution. Typical titles include Director or Vice President of Strategic Planning, Sourcing, Transportation, Distribution, Customer Relations, Fulfillment, Logistics, Manufacturing or Operations, Supply Chain Technology or Information Systems, Inventory and Supply Chain Management.


Key Topics
 
Current SCM Issues and Frameworks
  • Globalization, security, technology, outsourcing, and compliance
  • Tailored supply chain strategies

Recent Advances in Inventory and Distribution Management

  • Leveraging the potential of information
  • The power of rapid replenishment
  • New postponement strategies
  • Establishing links to financial performance

Techniques for Strategic Sourcing

  • Strategic versus tactical sourcing - symptoms of tactical thinking
  • Supplier selection - why, how many, and where
  • Supplier development - deploying lean concepts with win-win results
  • Outsourcing - avoiding the death spiral

Critical Issues in Technology Management and Innovation

  • Ten commandments of managing technology and innovation
  • The technology landscape - supplier and customer facing technologies
  • Strategic technology decisions - justification and evaluation
  • Managing global technology projects - within and between firm implementations
  • Managing technology for supply chain security - RFID and other developments

Managing SC Coordination Initiatives

  • Identifying collaboration opportunities
  • Selecting the right trade partners
  • Gain sharing - getting to a win-win solution

Tuition

$3,000


Quantity Discount
A discount of 15% will apply to registrations of three (3) or more people from the same company registering as a group for the same specific program. Please note that this offer is contingent upon all registrants enrolling in the same program having the same start date. Program cancellations and program transfers affecting the minimum number of people enrolled in the program for which the discount applied will void the discount.

 
Cancellation / Transfer Policy


Location
Executive Education
Carlson School of Management
University of Minnesota