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Description of  Mastering Global Supply Chain For Beginners In Simple Steps

Published 3/2024 MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz Language: English | Size: 302.11 MB | Duration: 0h 31m Planning, Organizing and Execution What you'll learn Supply Chain Management Evolution of Supply Chain Planning in Supply Chain Organizing in Supply Chain Requirements No Previous Experience Needed Description Core Components of Supply Chain Management:Sourcing and Procurement: Identifying, acquiring, and managing the resources and suppliers needed to produce products or services.Production: Scheduling and controlling the processes that convert raw materials into finished goods or services.Logistics and Distribution: Planning and managing the movement and storage of goods from production to consumption, including transportation, warehousing, and order fulfillment.Demand Planning: Forecasting customer demand to ensure that products are delivered efficiently and in a timely manner.Inventory Management: Controlling the quantity and location of stock to meet customer demand while minimizing holding costs.Information Management: Using technology to collect, process, and share information across the supply chain to improve decision-making and coordination.Objectives of Supply Chain Management:Efficiency and Cost Reduction: Streamlining operations to reduce costs associated with production, warehousing, transportation, and inventory holding.Flexibility and Responsiveness: Being able to quickly respond to market changes and customer demands.Quality and Performance Improvement: Ensuring that products meet or exceed customer expectations, thereby enhancing brand reputation and customer satisfaction.Sustainability and Ethical Practices: Implementing environmentally friendly practices and ensuring ethical treatment of workers throughout the supply chain.Importance of Supply Chain Management:SCM is vital for companies seeking to reduce costs and improve productivity. Effective supply chain management can lead to:Reduced inventory costsImproved production efficiencyShorter lead timesEnhanced customer satisfactionBy optimizing the supply chain, companies can create a strategic competitive advantage in terms of cost, quality, efficiency, and speed to market.Supply Chain Management is increasingly complex due to globalization, technological advancements, and the growing importance of e-commerce, which demands meticulous planning, execution, and monitoring to ensure smooth, efficient, and effective operations. Overview Section 1: Introduction Lecture 1 Introduction Section 2: SCM Intro part 2 Lecture 2 SCM Intro part 2 Section 3: SCM Intro part 3 Lecture 3 SCM Intro part 3 Section 4: SCM Intro Part 4 Lecture 4 SCM Intro part 4 Section 5: SCM Planning Part 1 Lecture 5 SCM Part 1 Section 6: SCM Planning Part 2 Lecture 6 SCM Planning Part 2 Beginners