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Sloan School of Management

Supply Chain Strategy and Management

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The New Frontier in Price Optimization with David Simchi-Levi

Next dates

Apr 25—26
2 days
Cambridge, Massachusetts, United States
USD 3700
USD 1850 per day
Jul 16—17
2 days
Cambridge, Massachusetts, United States
USD 3700
USD 1850 per day
Nov 7—8
2 days
Cambridge, Massachusetts, United States
USD 3700
USD 1850 per day

Description

This course presents innovative strategies and best practices for improving supply chain performance. It introduces a unique MIT framework, using the concept of technology clockspeed, for strategically managing and optimizing supply chains. Participants gain a deeper understanding of supply chain integration, technology sourcing, make-buy decisions, strategic partnering and outsourcing, and IT and decision-support systems.

Led by world experts, this practice-oriented supply chain management course investigates a robust MIT framework for better managing supply chains in today's rapidly changing markets. Participants will explore:

  • The next big trend in supply chain strategy, and the key skills required to be successful
  • How to better structure a company's supply-chain strategy
  • Guidelines for making strategic sourcing and make-buy decisions
  • How to integrate e-business thinking into supply chain strategy and management
  • How to blend recent developments in information systems and communication technology with sophisticated decision support systems and create a comprehensive strategy for manufacturing and logistics
  • "Clockspeed benchmarking,” a tool for deriving critical business insights and management lessons from industries with the highest obsolescence rates of products, process technologies, and organizational structures (industrial "fruit flies")
  • How to assimilate sustainability into your supply chain strategy
  • Why all advantages in fast clockspeed environments are temporary

TAKEAWAYS

In the past, supply chain practice has been primarily tactical, but this program presents a new and innovative approach to supply chain design, which will enable program participants to better understand:

  • The role of supply chain design in business strategy and why, if not linked, your supply chain design can undo a company's entire business strategy
  • Forces that influence supply chain structure—how supply chain structures change; how supply chain structures and industry structures overlap; and how these structures are affected by the speed of change in a given industry
  • Integrating supply chain design with product and process development
  • Connecting supply chain design with supply chain management and logistics
  • Supply chains in the age of e-business

Sample Schedule—Subject to Change

DAY 1 SAMPLE

  • 07:45AM - 08:30AM Registration and Continental Breakfast
  • 08:30AM - 12:00PM Fruit Flies & Supply Chain Evolution, Supply Chain Design & 3-DCE
  • 12:00PM - 01:00PM Networking Lunch
  • 01:00PM - 05:00PM Supply Chain Architecture, Strategic Sourcing and Value Chain Roadmapping
  • 05:00PM - 06:00PM Reception

DAY 2 SAMPLE

  • 07:45AM - 08:30AM Continental Breakfast
  • 08:30AM - 12:00PM Supply Chain Integration, Inventory Management and Procurement Strategies
  • 12:00PM - 01:00PM Networking Lunch
  • 01:00PM - 04:00PM Strategic Partnering in Supply Chain Management, Risk Management, Supply Chain Planning Systems

Who should attend

This program has been designed for senior managers who are responsible for the general business and strategic management of product supply and development, including:

  • VPs of manufacturing, product development, and purchasing and distribution
  • Senior supply chain managers and project management executives in any company which manufactures or distributes products, including component manufacturers, contract manufacturing companies, semi-conductor manufacturers, equipment manufacturers, consumer goods manufacturers, telecom companies, financial services companies, and retailers who would like to control more of the supply chain

Experts

Thomas Roemer is a Senior Lecturer in Operations Management and has served as the Executive Director of the Leaders for Global Operations (LGO) Program since July 2014. Roemer is interested in the intersection of engineering and management and, in particular, the value creation during the design...
David Simchi-Levi is a Professor of Engineering Systems at Massachusetts Institute of Technology and the Co-Director of Leaders for Global Operations. His research currently focuses on developing and implementing robust and efficient techniques for logistics and manufacturing systems. He has publ...

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