Logistics & Supply Chain Management - Darton College

Logistics & Supply Chain Management from Darton College is a Campus Certificate Management and Innovation degree that prepares you for a Business career. The Logistics & Supply Chain Management certificate is designed to provide basic knowledge to those students interested in managing the global supply chain. What is supply chain management? Supply chain management is getting the right things to the right places at the right times for maximum profit. What are the components of the supply chain? The supply chain has four basic components: Production: what to produce, how to produce it, how much to produce, & where to produce it. Inventory: how much raw material and work-in-process inventory is needed. Distribution: how should finished products be moved and stored. Payments: what is the best way to pay the suppliers and get paid by the customers. The efficiency and effectiveness of a supply chain is contingent on a firm's ability to gather and analyze important information through these components. Better supply chain models help not only manufacturers of goods, but also service businesses. What else should I know about supply chain management? Supply chain management is an interdisciplinary field that emphasizes cross-functional links and seeks to manage those links to enhance a company's competitive advantage. It involves forecasting, resource allocation, production planning, flow and process management, inventory management , customer delivery, after-sales support and service, and a host of other activities and processes. An increasing number of companies rely on supply chain management as a key competitive weapon. An understanding of supply chain management is also an asset to any manager concerned about adding value to the business. With increased globalization and offshore outsourcing, supply chain management is becoming an important issue for many businesses. View more details on Darton College . Ask your questions and apply online for this program or find other related Management and Innovation courses.