Supply Chain Management(SCM) is the oversight of materials, information and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. In an organization, the supply chain management department may be responsible for spending 50-60% of the gross revenue, and thereby can exert significant leverage on profitability and operational success.
The SCM concentration in SOM emphasizes the cross-functional features of supply chain management. The students in SCM concentration are ot only well prepared for classical demand planning, production planning, inventory management and procurement of purchasing management, but also trained to identify and solve cross-functionsl problems together with thr departments of marketing, finance, information technology, and human resources.
SCM majors target entry level positions such as logistics planner, buyer and supply management analyst or inventory specialist. The career can progress to supply chain manager, or consultant, and to the vice president level in supply chain related areas. The positions for supply chain management can come from all sectors of the economy, public and private, including manufacturing, service, health care, and retail. Jobs may be obtained world-wide, including North America, Asia and Pacific, Europe and South America.
The concentration goes well with other business concentrations, especially marketing and MIS, due to interdisciplinary nature of supply chain management. As a second major, SCM can also help the students from other concentrations establish a clear global vision of the enterprise and supply chain management.
All SCM students will take following three courses. Statistics, Micro and MacroEconomics, and Operations Management will serve as the prerequisites for al SCM courses.
Students learn analytical techniques used in managing supply chain such as business analysis, optimization, simulation, decision analysis, and basics of forecasting in this course. It uses Excel as a platform to focus on modeling business problems. The course extensively uses problem solving and case analysis.
Supply Chain Management students will developo a strong understanding of managerial considerations and technologies in supply chain management. The course will cover supply chain strategy, demand planning, inventoey management, transportation, distribution, warehousing, and supply chain coordination. It will use lectures, readings, and online simulations.
This course will expose students to an analytical framework using both quantitative and qualitative tools to deal with managerial issues of process management. The course will use lectures, readings, and cases to introduce students to topics such as process analysis, design, improvement, technology, and outsourcing.
In addition the following course will be offered on occasion to introduce new topics in the field and may be included in the concentration.
Current topics within broad area of Supply Chain Management.