Comprehensive course analysis
Who should attend
This course is ideal for mid- to senior-level managers and directors who have a need to use state-of-the-art processes and tools to better manage their organization's supply chains and key process areas. Those who work as functional counterparts in finance, information systems, manufacturing, or marketing will also benefit. Participant titles have included:
- Section Leader and Manager
- Supply Chain Specialist
- Supply Systems Analyst
- Senior Director, Operations
About the course
Through the lens of the SCOR® (Supply Chain Operations Reference) Model, participants will become familiar with tools, techniques, and approaches to define, analyze, and implement improvements for each major function and process area.
Improve your ability to:
- Understand the expectations of global supply chains
- Leverage appropriate tools and technologies to achieve supply chain success
- Recognize the benefits that can result from demand-driven supply chains and those that successfully align sales and operations strategies
- Implement supply chain processes and tools that better manage the flows of products and information
- Enhance supply chain effectiveness and improve financial results
- Align supply chain practices and priorities with overall organizational objectives
- Identify “game-changing” technologies in supply chain management
- Better manage closed-loop supply chains and achieve environmental sustainability
- Understand the imperative of leadership for successful implementation
The organization of this short course is based on the standard supply chain processes of PLAN, SOURCE, MAKE, DELIVER, AND RETURN – known as the SCOR® Model. You will be introduced to important technologies and methods that drive performance improvement throughout the supply chain.
Tools Relating to the SCOR® Model
- Overall supply chain process flow represented by the SCOR® Model
- Standard metrics to measure process performance
Tools for the PLAN process
- Planning processes
- Evolution of MRP, S&OP, and IBP (Integrated Business Planning)
- Roles and responsibilities
- Measuring the process
- Modeling and designing global supply chain networks
- Business transformation – processes and priorities for success
- Public/private sector comparisons
Tools for the SOURCE process
- Strategic sourcing and supplier relationship management
- Risk management processes
- Sourcing and savings analysis
- Landed cost models and global trade management
- Reverse auctions as a strategy to improved purchasing and procurement
Tools for the MAKE process (covered in other programs)
Tools for the DELIVER process
- Warehouse and transportation management systems
- Tools to improve warehouse and transportation efficiency and effectiveness
- Benefits of AS/RS (automated storage and retrieval systems)
- Scorecarding and dashboards
- Carrier selection and transportation bid optimization
Tools for the RETURN process
- Closed-loop supply chains
- Managing the return process for improved sustainability
- Re-manufacturing processes
Challenges of tool implementation -- Putting Theory Into Practice
- Application workshops
- Real-world cases in process operations
- Supply chain design and simulation
- Corporate presentations of benchmark practices
Value For You and Your Organization
You will leave this short course with better knowledge of state-of-the-art processes and tools for managing performance improvement across each major function and process area of your supply chain.
Steve Tracey is the current executive director for both the Center for Supply Chain Research (CSCR) and Penn State Executive Programs, and a Professor of Practice for the Supply Chain and Information Systems Department within the Smeal College of Business. For almost three decades CSCR has succ...
Mike has been a Faculty Leader with Penn State Executive Programs for over a decade. He has a passion for simply explaining complex systems and helping people understand the importance of a well managed supply chain - he takes every opportunity to teach, mentor and coach. He is also actively enga...
Professor Guide is the Smeal Chaired Professor of Operations & Supply Chain Management. He joined the faculty at the Smeal College of Business in the fall of 2002. He was a visiting research fellow at INSEAD (2001-2003). His research has appeared in numerous academic and managerial journals, ...
Anthony M. Kwasnica is Professor of Business Economics at Penn State University. He studies the role of private information in economic systems. He conducts both theoretical and experimental (laboratory) research on how individuals and institutions respond to these situations. Dr. Kwasnica is act...
Dr. Novack is currently an Associate Professor of Business Logistics in the Department of Business Logistics at Penn State. From 1979 to 1981, Dr. Novack worked in Operations and planning for the Yellow Freight Corporation in Overland park, KS. From 1981 to 1984, Dr. Novack worked for the Dracket...
Strategy Consultant, DPM Consulting Darren Maynard is a visiting faculty member for Penn State Executive Programs. He has over 27 years of experience in a multi-faceted career in Technology, Sales and Global Supply Chain. Darren's core focus is helping companies both small and large to recognize...
Supply Chain and Information Systems Group Faculty Penn State Dr. Langley is a former President of the Council of Supply Chain Management Professionals, and a recipient of the Council's Distinguished Service Award. In 2007 he was recognized by the American Society of Transportation and Logistic...
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Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.