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What the %#*& Is a Supply Chain?
The popular press frequently refers to issues with supply chains, assuming the average citizen understands what a supply chain is and how it works. This class introduces the concepts, functions, processes, and objectives of logistics and supply chain management activities, including procurement, manufacturing, transportation, and logistics. During this class we will discuss the history of supply chains and supply chain management. We will learn how supply chains work and why they break. Key elements that drive the management of today’s supply chains such as bullwhip effect, just-in-time delivery, lean manufacturing, inventory management, total cost, and in-transit visibility will be examined. The complex global nature of supply chains will be explored using games, models, video clips, and other methods of engaged learning.
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