Global Supply Chain and Operations
Operations
Global Supply Chain & Operations
The global environment that characterizes today's business world has pointed out the importance of developing strategies that go beyond the geographical boundaries of one country. Nowadays, it is not uncommon to see a company that develops a new product in the US, manufactures it in Asia, and sells it in Europe. The world is becoming a “marketplace” not only for selling but also for buying.
The course covers a range of topics—from fundamental concepts in operations management topics like process analysis, lean production, capacity and inventory management, product and information flow in the supply chain, and management of new products and processes an introduction to merging models for design
and management of global supply and production networks
Course Learnings:
1) Business success in most companies is critically linked to the design and management of their global supply chains, networks of partners and processes that transform basic inputs (such as labor, materials and information) into delivered products and services.
2) Production and operations management decisions, in spite of their seemingly technical nature, are not the province of functional specialists. All managers — in finance, marketing, human resources, and other functions — must understand how these decisions are made, and moreover, they must initiate, guide, and facilitate many of them themselves.
3) A solid understanding of the issues and models in managing global operations and Supply Chain Management (SCM) can be a powerful advantage in virtually all careers. For example, an investment banker who is savvy about global operations is more likely to spot the risks and opportunities inherent in specific situations. Similarly, a marketing manager who is well versed in operations is more capable of developing plans that leverage (rather than conflict with) the firm’s production capabilities. A finance manager is better able to evaluate proposals for capital investment or outsourcing, and so on.