Supply Chain Management Major
Supply chain management (SCM) encompasses not only the design and planning of supply chain activities, but also the execution, control, and monitoring that help companies to build a competitive infrastructure and create net value. The supply chain includes planning, procurement, manufacturing, fulfillment, inventory management, logistics, returns to suppliers, and returns from customers – all the functional areas involved in receiving and filling a customer’s order with a repeatable and satisfying experience.
The SCM major discusses integration with marketing; product and process engineering; accounting and finance; human resources; environmental, health, safety and quality; facilities management; and information technology areas. Finally, the major assumes a global perspective not only in terms of the internal operations of manufacturing and service businesses, but also with partnerships among suppliers, customers, and third-party logistic providers worldwide.
The SCM major is designed to provide its graduates with both theoretical knowledge of SCM and the ability to apply this knowledge to real-world problems and opportunities in a manner that improves business performance with a focus on the following key topics:
- Building a strategic framework to analyze a supply chain
- Designing global supply chain networks
- Planning and coordinating demand and supply in a supply chain
- Planning and managing inventories in a supply chain
- Planning and managing procurement in a supply chain
- Managing cross-functional drivers in a supply chain