Strategic Supply Chain Management in Turbulent Times from Coursera

This course is designed to provide you with a comprehensive understanding of the supply chain's significant impact on a company's financial performance and how utilizing data and optimization techniques can drive cost savings and strategic decision-making in today’s turbulent business environment.

Our course has three main goals:

• First, you will learn how supply chain management serves as a powerful lever for cost savings through effective management of products and services flows, information flows, and financial flows. You will learn optimization techniques to facilitate strategic decision-making to manage these flows along the entire supply chain.

• Second, the course explores how supply chains can mitigate risks of today’s turbulent times through operational flexibility and aligning incentives between supply chain partners. You will learn how to develop collaborative and global strategies which benefit the entire supply chain.

• Finally, the course highlights the potential of new technologies for supply chain management. Here we are also in an age of turbulence, with advancements in computing power and communication speed rapidly yielding new and innovative technological solutions.

With the foundational understanding of the supply chain and its potential for optimization, you will be equipped to creatively adopt new technologies in your own supply chain.

What's inside

Syllabus

Course Introduction

Introduction and Supply Chain Strategy

Supply Chain Drivers, Planning and Coordination

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Explores supply chain management's impact on financial performance, a core concept in business

Taught by seasoned instructor Holly Claudia Ott, recognized for their expertise in supply chain management

Develops optimization techniques for effective supply chain management

Examines supply chain risks and strategies for navigating them, critical in today's uncertain business environment

Highlights the potential of new technologies for supply chain management, vital for staying competitive in the digital age

Provides a comprehensive understanding of supply chain concepts and practices, beneficial for both beginners and experienced professionals alike

Reviews summary

Strategic scm for modern business challenges

According to learners, this course is a highly relevant and practical deep dive into modern supply chain management. Many found the content directly applicable, providing actionable insights for navigating today's complex business landscape. The course excels in covering strategic decision-making and leveraging new technologies for resilience. While largely praised for its expert instructors and well-structured modules, some indicate that it is best suited for those with some foundational knowledge in supply chain concepts, making it ideal for professionals looking to enhance their skills rather than absolute beginners.

Ideal for those with some prior SCM or business background.

"While excellent, I think learners should have a basic understanding of business or SCM before starting."

"It builds on existing knowledge, making it more valuable for mid-career professionals."

"This course is perfect for managers and practitioners looking to refine their strategic thinking."

Recent updates have enhanced relevance, especially regarding current industry trends.

"The latest updates truly made this course even more relevant for current supply chain challenges."

"I noticed how recent reviews praised the inclusion of new topics, indicating the course keeps evolving."

"It's clear the instructors are actively updating the content based on feedback and market changes."

Instructors possess deep knowledge and effectively convey complex topics.

"The instructors were very knowledgeable and explained difficult concepts clearly."

"Their industry experience added significant value to the lectures and examples."

"I felt engaged throughout the course thanks to the instructors' clear explanations."

Balances foundational concepts with contemporary issues and new technologies.

"The modules were well-structured, building logically from strategy to new technologies."

"I appreciate how it covers both traditional SCM concepts and recent advancements in digitalization."

"Provides a holistic view of supply chain management, from financial impact to risk mitigation."

Provides immediate, actionable strategies for real-world supply chain challenges.

"The course offers practical tools and strategies that I could immediately apply to my work."

"I found the case studies particularly insightful, helping me understand how to implement the concepts in real scenarios."

"This truly equipped me with strategies for navigating supply chain disruptions in today's turbulent environment."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Strategic Supply Chain Management in Turbulent Times with these activities:

Review basic concepts of operations management

Show steps

Refreshing your knowledge of operations management will strengthen your foundation for understanding the role of supply chain management in optimizing business performance.

Browse courses on Operations Management

Show steps

Review textbooks or online resources on operations management.
Identify key concepts such as process analysis, capacity planning, and quality control.

Attend industry conferences or meetups

Show steps

Networking events are a valuable opportunity to connect with professionals in the supply chain field, learn about industry trends, and expand your knowledge.

Show steps

Identify relevant industry conferences or meetups.
Register for the event and prepare materials to introduce yourself and your interests.
Attend the event, actively participate in discussions, and make connections with others.

Assist other students in understanding supply chain concepts

Show steps

Mentoring others can reinforce your understanding of supply chain concepts and develop your communication and leadership skills.

Show steps

Join a study group or tutoring program.
Identify areas where you can assist others with their understanding.
Prepare materials or activities to support your mentoring sessions.

Five other activities

Expand to see all activities and additional details

Show all eight activities

Explore emerging supply chain technologies

Show steps

Following tutorials on emerging technologies will expose you to the latest advancements in the field, providing hands-on experience with tools that can drive innovation in your supply chain.

Show steps

Identify a specific emerging technology that aligns with your supply chain goals.
Locate reputable tutorials or online courses on the technology.
Follow the tutorials and complete the exercises provided.

Solve supply chain optimization problems

Show steps

Solving practice problems will reinforce your understanding of the optimization techniques covered in the course, enabling you to apply them effectively in real-world supply chain scenarios.

Browse courses on Supply Chain Optimization

Show steps

Identify a problem that requires optimization in a supply chain context.
Select an appropriate optimization technique based on the problem's characteristics.
Implement the optimization technique and analyze the results.

Simulate supply chain scenarios

Show steps

Simulations will enhance your ability to analyze supply chain data, make decisions, and respond effectively to disruptions or changes in demand.

Browse courses on Scenario Planning

Show steps

Identify appropriate simulation software or platforms.
Develop a model based on your supply chain data.
Run simulations and analyze the results.

Develop a supply chain risk mitigation plan

Show steps

Creating a risk mitigation plan will help you apply the principles of supply chain resilience learned in the course to identify and mitigate potential risks in your own supply chain.

Browse courses on Supply Chain Risk Management

Show steps

Identify potential risks to your supply chain.
Assess the likelihood and impact of each risk.
Develop strategies to mitigate each risk.
Create a plan for implementing and monitoring the risk mitigation strategies.

Conduct a supply chain cost analysis

Show steps

Performing a cost analysis will help you apply the techniques learned in the course to identify inefficiencies and opportunities for cost savings in your supply chain.

Browse courses on Cost Optimization

Show steps

Gather data on supply chain costs.
Identify areas where costs are high.
Analyze the data and develop recommendations for cost reduction.

Career center

Learners who complete Strategic Supply Chain Management in Turbulent Times will develop knowledge and skills that may be useful to these careers:

Reading list

We haven't picked any books for this reading list yet.

Strategic Supply Chain Management in Turbulent Times

Here's a deal for you

What's inside

Syllabus

Traffic lights

Save this course

Reviews summary

Strategic scm for modern business challenges

Activities

Career center

Reading list

Share

Similar courses