Learning Objectives
5 objectives- Understand fundamental concepts and the global context of supply chain management.
- Analyze and design efficient global supply chain networks considering sourcing, production, distribution, and logistics.
- Identify and mitigate risks inherent in global supply chains to build resilient operations.
- Evaluate sustainability practices and ethical considerations within global supply chains.
- Examine the role of technology and innovation in transforming global supply chain operations.
Content Outline
PreviewUnit 986: Global Supply Chain Management
1. Introduction to Global Supply Chain Management
- Definition and scope of supply chain management (SCM)
- Importance of SCM in global business
- Key concepts: supply chain, value chain, logistics, procurement
- Impact of globalization on supply chains
- Increased complexity
- Extended supply chain networks
- Cultural and regulatory challenges
2. Global Supply Chain Network Design
- Elements of supply chain network design
- Sourcing decisions
- Production location and capacity planning
- Distribution channels and centers
- Logistics and transportation planning
- Network optimization techniques
- Cost vs. service trade-offs
- Use of modeling and simulation tools
- Strategies for efficient global supply chain design
- Centralized vs decentralized networks
- Outsourcing and offshoring considerations
3. Risk Management in Global Supply Chains
- Types of risks in global supply chains
- Geopolitical risks
- Economic and market fluctuations
- Natural disasters and environmental risks
- Supply disruptions and supplier risks
- Risk assessment methodologies
- Risk identification and analysis
- Probability and impact assessment
- Risk mitigation strategies
- Diversification of suppliers and routes
- Inventory buffers and contingency planning
- Building supply chain resilience
- Flexibility and agility
- Collaboration and information sharing
4. Sustainability in Global Supply Chains
- Importance of sustainability in SCM
- Sustainable practices in procurement, production, and distribution
- Ethical considerations and corporate social responsibility (CSR)
- Environmental impact of global supply chains
- Carbon footprint and emissions
- Waste management and circular economy
- Regulatory frameworks and sustainability standards
5. Global Logistics and Transportation
- Role of logistics in global supply chains
- Modes of transportation
- Air, sea, road, rail, and multimodal transport
- Freight forwarding and third-party logistics (3PL)
- Customs regulations and trade compliance
- Challenges in managing global logistics
- Lead times and delays
- Documentation and legal requirements
- Cost control and optimization
6. Technology and Innovation in Global Supply Chains
- Digital transformation in SCM
- Automation and robotics
- Blockchain technology for transparency and traceability
- Internet of Things (IoT) for real-time monitoring
- Advanced data analytics and artificial intelligence
- Emerging trends and future outlook
7. Supplier Relationship Management in Global Supply Chains
- Importance of supplier relationships
- Supplier selection criteria and evaluation
- Performance measurement and continuous improvement
- Collaboration and partnership strategies
- Conflict resolution and negotiation in global contexts
8. Global Supply Chain Performance Metrics
- Key Performance Indicators (KPIs) for global SCM
- Delivery performance, inventory turnover, cost measures
- Benchmarking supply chain performance
- Performance measurement techniques and tools
- Using metrics for continuous improvement
End of Unit Outline
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