Technology and Cost Management in the Supply Chain

MGMT X 445.66

This course provides essential information that elevates a supply chain practitioner by providing new information in the areas of information technology, quality, logistics, inventory, and financial management.

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What you can learn.

  • Recognize the role that information technology plays in purchasing
  • Identify technology enablers in supply chain management, including enterprise resource planning (ERP), bar coding, electronic data interchange (EDI), and electronic commerce (e-commerce)
  • Audit vendor-related qualifications, including Six Sigma standing, statistical process control (SPC) measures, quality certification (ISO 9001), and financial health
  • Assimilate new information in the areas of managing information technology, quality, logistics, inventory, and financials

About this course:

Many supply chain practitioners do a competent job of converting organizational requirements to purchase orders, sourcing and selecting suppliers, and developing operational schedules. In today's rapidly changing technological and financial environment, however, supply chain professionals need to do more. They need to understand the role that information technology plays in purchasing and, specifically, how to use enterprise resource planning (ERP), bar coding, electronic data interchange (EDI), and electronic commerce (e-commerce). Employees in the supply chain need to evaluate suppliers' capabilities by investigating their commitment to Six Sigma, statistical process control (SPC), and ability to maintain a quality system (ISO 9001). Supply chain professionals must also have a firm grasp on how their job duties affect organizational financial activities and be able to assess suppliers' financial health. This course provides essential information that elevates a supply chain practitioner to the next level. Instruction assists them in assimilating new information in the areas of information technology, quality, logistics, inventory, and financial management.
Suggested Prerequisites

It is advisable that you complete the following (or equivalent) since they are prerequisites for Technology and Cost Management in the Supply Chain.

X 445 Fundamentals of Supply Chain Management or consent of instructor.

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