Fundamentals and Strategic Importance of SCM

This week’s topics

Fundamentals and Strategic Importance of SCM

1. Plan-Source-Make-Deliver-Return processes
2. Customer value proposition
3. Competitive advantage
4. Strategic alignment with corporate objectives
5. Week 01: Lecture 04: Supply Chain Processes - I
6. From Cost Center to Competitive Advantage - The Coming Decade of Supply Chain Management

What you will be able to do

• 1.1 Explain the key parts of the SCM process.
• 1.4 Discuss the importance of SCM to a business.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: explain the key parts of the SCM process.

Study materials

Videos

• From Cost Center to Competitive Advantage - The Coming Decade of Supply Chain Management · YouTube · MIT Center for Transportation & Logistics · 47 min · for registered students
• The New Competitive Edge: Analytics-Driven Supply Chain Design for Value Creation · YouTube · MIT Center for Transportation & Logistics · 45 min · for registered students
• The Critical Role of Supply Chains in Business and Society · YouTube · MIT Center for Transportation & Logistics · 47 min · for registered students

Further resources

• Operations Management (Fanshawe), ch. 7: Supply Chain Management · Reading · Other, textbook chapter; PDF pp. 285–330 · for registered students
• Principles of Marketing, ch. 9: Using Supply Chains to Create Value for Customers · PDF · Saylor Academy, textbook chapter; pp. 275–304 · for registered students
• Principles of Marketing, ch. 17.5–17.6: The supply chain and logistics · PDF · OpenStax, textbook chapter; pp. 591–596 · for registered students