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Principles and Concepts of Supply Chain Management

LSC505

Course CodeLSC505
ECTS

Course Description

It does not matter whether a business’s supply chain is located in the same country or extends into a global environment, the principles and concepts of supply chain management (SCM) remain the same. The aim of this unit is to introduce key supply chain management (SCM) concepts and principles which will help learners to understand how to lead and manage the complexities and barriers associated with supply chains.

Course Objectives

It does not matter whether a business’s supply chain is located in the same country or extends into a global environment, the principles and concepts of supply chain management (SCM) remain the same. The aim of this unit is to introduce key supply chain management (SCM) concepts and principles which will help learners to understand how to lead and manage the complexities and barriers associated with supply chains.

Key Topics

  1. LO1: Understand fundamental supply chain management (SCM) concepts and principles.
  2. LO2: Understand supply chain management (SCM) flows.
  3. LO3: Understand the barriers to effective supply chain management (SCM).
  4. LO4: Understand the complexities of relationships in supply chains.
  5. LO5: Understand the role of leadership in a supply chain.

Course Outline

Learning Outcomes

  1. LO1 Understand fundamental supply chain management (SCM) concepts and principles.
  2. 1.1 Explain the key parts of the SCM process.
  3. 1.2 Differentiate between models of SCM.
  4. 1.3 Compare logistics management with SCM.
  5. 1.4 Discuss the importance of SCM to a business.
  6. LO2 Understand supply chain management (SCM) flows.
  7. 2.1 Differentiate between types of SCM flows.
  8. 2.2 Illustrate different SCM flows used by a business.
  9. 2.3 Assess a business’s management of SCM flows.
  10. LO3 Understand the barriers to effective supply chain management (SCM).
  11. 3.1 Explain different barriers to effective SCM.
  12. 3.2 Explain the impact of barriers to effective SCM on a business.
  13. 3.3 Assess the internal challenges to effective SCM faced by a business.
  14. 3.4 Assess the external challenges to effective SCM faced by a business.
  15. LO4 Understand the complexities of relationships in supply chains.
  16. 4.1 Differentiate between different types of commercial relationships in supply chains.
  17. 4.2 Discuss portfolio analysis techniques to assess relationships in supply chains.
  18. 4.3 Compare the sources of added value that can be achieved through supply chain relationships.
  19. LO5 Understand the role of leadership in a supply chain.
  20. 5.1 Differentiate between levels of leadership in a supply chain.
  21. 5.2 Explain how businesses manage the stakeholders of their supply chains.
  22. 5.3 Explain the importance of effective stakeholder management to a supply chain.
  23. 5.4 Examine the challenges faced by leaders in a supply chain.
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