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⇱ Strategic Supply Chain Management in Turbulent Times | Coursera


Strategic Supply Chain Management in Turbulent Times

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Strategic Supply Chain Management in Turbulent Times

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Gain insight into a topic and learn the fundamentals.
5.0

26 reviews

Beginner level

Recommended experience

2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
5.0

26 reviews

Beginner level

Recommended experience

2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Gain key skills in supply chain management, blending optimization, practical applications, and strategic insights for today's business challenges.

Details to know

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Assessments

13 assignmentsΒΉ

AI Graded see disclaimer
Taught in English

There are 9 modules in this course

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: β€’ 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. β€’ 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. β€’ 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 included

2 videos3 readings1 discussion prompt

2 videosβ€’Total 9 minutes
  • Course Introduction Videoβ€’6 minutes
  • Introduction to the Technical University of Munich β€’3 minutes
3 readingsβ€’Total 25 minutes
  • Course Set-Up and Gradingβ€’5 minutes
  • Get to Know Your Classmates in Discussion Forumβ€’10 minutes
  • Course Reference Textbooksβ€’10 minutes
1 discussion promptβ€’Total 10 minutes
  • Meet and Greetβ€’10 minutes

What's included

10 videos3 readings2 assignments1 peer review1 discussion prompt

10 videosβ€’Total 71 minutes
  • Classical Logisticsβ€’8 minutes
  • What is a Supply Chain?β€’5 minutes
  • Theory of Supply Chain Managementβ€’3 minutes
  • Supply Chain Challenges Todayβ€’9 minutes
  • Competitive Strategy and Supply Chain Strategyβ€’8 minutes
  • Functional vs. Innovative Productsβ€’7 minutes
  • Cost-Responsiveness Efficient Frontierβ€’6 minutes
  • Cost-Responsiveness Efficient Frontier - Example IKEAβ€’10 minutes
  • Push/Pull View and Stocking Pointsβ€’9 minutes
  • Postponementβ€’8 minutes
3 readingsβ€’Total 30 minutes
  • Lecture Slides: Introduction to Supply Chain Managementβ€’10 minutes
  • Supply Chains in the News - Current Articleβ€’10 minutes
  • Lecture Slides: Supply Chain Strategyβ€’10 minutes
2 assignmentsβ€’Total 30 minutes
  • Practice Problems for Module 2β€’15 minutes
  • Module 2 Final Assessment - Introduction and Supply Chain Strategyβ€’15 minutes
1 peer reviewβ€’Total 60 minutes
  • Peer Review "Recent Disruption in a Supply Chain"β€’60 minutes
1 discussion promptβ€’Total 10 minutes
  • Supply Chains in the News - Current Article - Discussionβ€’10 minutes

What's included

8 videos3 readings2 assignments

8 videosβ€’Total 76 minutes
  • Supply Chain Driversβ€’9 minutes
  • Logistical Supply Chain Driversβ€’17 minutes
  • Cross-Functional Supply Chain Driversβ€’13 minutes
  • Supply Chain Planningβ€’5 minutes
  • Supply Chain Planning - Examplesβ€’5 minutes
  • The Bullwhip Effectβ€’5 minutes
  • Obstacles to Supply Chain Coordinationβ€’15 minutes
  • Strategic Alliancesβ€’7 minutes
3 readingsβ€’Total 30 minutes
  • Lecture Slides: Supply Chain Driversβ€’10 minutes
  • Lecture Slides: Supply Chain Planningβ€’10 minutes
  • Lecture Slides: Supply Chain Coordinationβ€’10 minutes
2 assignmentsβ€’Total 30 minutes
  • Practice Problems for Module 3β€’15 minutes
  • Module 3 Final Assessment - Supply Chain Drivers, Planning and Coordinationβ€’15 minutes

What's included

10 videos2 readings3 assignments

10 videosβ€’Total 60 minutes
  • Financial Measures of Supply Chain Performanceβ€’7 minutes
  • Saucony - Discussionβ€’4 minutes
  • Return on Assetsβ€’9 minutes
  • Inventory Turnsβ€’7 minutes
  • Inventory Turns - Industry Exampleβ€’4 minutes
  • Cash-to-Cash Cycleβ€’11 minutes
  • Tiffany and Blue Nileβ€’4 minutes
  • Financial Dataβ€’3 minutes
  • Financial Metrics Tiffany and Blue Nile - Discussionβ€’6 minutes
  • Supply Chain Configurationβ€’4 minutes
2 readingsβ€’Total 20 minutes
  • Lecture Slides: Supply Chain Performanceβ€’10 minutes
  • Case Study: Tiffany and Blue Nileβ€’10 minutes
3 assignmentsβ€’Total 125 minutes
  • Calculating Financial Metrics for Tiffany and Blue Nileβ€’50 minutes
  • Practice Problems for Module 4β€’45 minutes
  • Module 4 Final Assessment - Supply Chain Performanceβ€’30 minutes

What's included

14 videos4 readings2 assignments

14 videosβ€’Total 77 minutes
  • Inventory in a Supply Chainβ€’6 minutes
  • Newsvendor Model - Scenarioβ€’7 minutes
  • Normally Distributed Demandβ€’9 minutes
  • Newsvendor Modelβ€’7 minutes
  • "Too Much" "Too LIttle" Costsβ€’6 minutes
  • Overage and Underage for Hammer 3/2β€’2 minutes
  • Marginal Analysisβ€’5 minutes
  • Order Quantitiesβ€’5 minutes
  • Critical Ratioβ€’2 minutes
  • Optimal Order Quantityβ€’5 minutes
  • Newsvendor Model - Example Slade Sportsβ€’9 minutes
  • Overage & Underage Costs and Optimal Order Quantityβ€’2 minutes
  • Newsvendor Lessonsβ€’6 minutes
  • Target In-Stock Probabilityβ€’7 minutes
4 readingsβ€’Total 40 minutes
  • Lecture Slides: Inventory Management - Newsvendor Modelβ€’10 minutes
  • Standard Normal Cumulative Probability Table (z-Tables)β€’10 minutes
  • Lecture Slides: Newsvendor Model - Example Slade Sportsβ€’10 minutes
  • Lecture Slides: Inventory Management - Target In-Stock Probabilityβ€’10 minutes
2 assignmentsβ€’Total 60 minutes
  • Practice Problems for Module 5β€’30 minutes
  • Module 5 Final Assessment - Inventory Management - Single Period Modelβ€’30 minutes

What's included

10 videos1 reading2 assignments

10 videosβ€’Total 54 minutes
  • Product Life Cycleβ€’4 minutes
  • Economic Order Quantity - Modelβ€’11 minutes
  • Economic Order Quantity - Exampleβ€’6 minutes
  • Replenishment Models - Finite Lead Timeβ€’4 minutes
  • Reorder Levelβ€’1 minute
  • Reorder Level - Exampleβ€’7 minutes
  • Uncertainty in Supply Chainsβ€’5 minutes
  • Uncertain Lead Time Demand (LTD)β€’7 minutes
  • Safety Stockβ€’4 minutes
  • Safety Stock - Exampleβ€’4 minutes
1 readingβ€’Total 10 minutes
  • Lecture Slides: Inventory Management - Continuous Review Modelβ€’10 minutes
2 assignmentsβ€’Total 75 minutes
  • Practice Problems for Module 6β€’45 minutes
  • Module 6 Final Assessment - Inventory Management - Continuous Review Modelβ€’30 minutes

What's included

12 videos6 readings2 assignments

12 videosβ€’Total 60 minutes
  • Newsvendor Model - Recapβ€’3 minutes
  • Adding Flexibility: Reactive Capacityβ€’1 minute
  • Optimal Order Quantity with Reactive Capacityβ€’6 minutes
  • Newsvendor Lessons with Reactive Capacityβ€’2 minutes
  • Reactive Capacity - Example Slade Sportsβ€’6 minutes
  • Double Marginalizationβ€’12 minutes
  • Reducing the Riskβ€’6 minutes
  • Buy Back Contractsβ€’3 minutes
  • Optimal Buy-Back Priceβ€’4 minutes
  • Sharing the "Profit Pie"β€’6 minutes
  • Buy-Back Contracts - Exampleβ€’6 minutes
  • Other Contractsβ€’7 minutes
6 readingsβ€’Total 60 minutes
  • Lecture Slides: Supply Chain Flexibility - Reactive Capacityβ€’10 minutes
  • Lecture Slides: Reactive Capacity - Example Slade Sportsβ€’10 minutes
  • Lecture Slides: Incentive Alignment - Supply Chain Misalignmentβ€’10 minutes
  • Lecture Slides: Incentive Alignment - Buy-Back Contractsβ€’10 minutes
  • Lecture Slides: Buy-Back Contracts - Example Slade Sportsβ€’10 minutes
  • Lecture Slides: Incentive Alignment - Supply Chain Contractsβ€’10 minutes
2 assignmentsβ€’Total 60 minutes
  • Practice Problems for Module 7 Supply Chain Flexibility and Alignmentβ€’30 minutes
  • Module 7 Final Assessment - Supply Chain Flexibility and Incentive Alignmentβ€’30 minutes

What's included

4 readings1 peer review

4 readingsβ€’Total 40 minutes
  • Production and Warehousing: Automated Guided Vehiclesβ€’10 minutes
  • Production: Robots and Cobotsβ€’10 minutes
  • Demand Planning : Artificial Intelligence and Machine Learningβ€’10 minutes
  • Distribution: Dronesβ€’10 minutes
1 peer reviewβ€’Total 60 minutes
  • Improving Supply Chain Resilience with New Technologies and Digitalizationβ€’60 minutes

What's included

2 readings

2 readingsβ€’Total 15 minutes
  • Congratulations! You have finished the course!β€’5 minutes
  • Class Central Course Review & LinkedIn Postβ€’10 minutes

Instructor

Instructor ratings
4.9 (13 ratings)
Technical University of Munich (TUM)
3 Coursesβ€’3,078 learners

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KD
Β·

Reviewed on Sep 3, 2024

exceptional course with great tutor and lots of learning

PB
Β·

Reviewed on Nov 20, 2024

This course gives you in depth knowledge of how supply chain works.

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