ITs role in integrating these processes is essential in optimizing an organizations supply chain. They are applying modeling, simulation, what-if analysis, and scenario planning to simplify their supply chain processes and improve outcomes. To do this often demands digesting massive amounts of data in real-time, with advanced informatics to identify the best course of action. Ensuring a collaborative IT-business team is fundamental.
All companies, large and small, manufacturers and service providers, depend on successful supplier performance to help satisfy their customers. The performance of an agile, motivated, and responsive supply base can improve operating efficiencies, reduce costs, and increase customer satisfaction.
Supply chain management integrates the activities associated with the procurement of material, the transformation of procured material into final product, and the delivery of final product to customers. These activities include the traditional purchasing function, along with additional activities that are important in the relationship with suppliers, distributors, and customers. Internally, Supply Chain Managers work with Operations, Engineering, Distribution, Information Systems, Purchasing, Marketing, and Finance functions. They share forecast, customer, design, and production information. Externally, Supply Chain Managers concentrate on building a high performance team focused on maximizing customer value while maintaining speed, flexibility, efficiency, and responsiveness in their own operations.
Understanding emerging information technologies and their impact on enhancing supply chains, and the roles and responsibilities of IT and non-IT stakeholders in leveraging these emerging technologies in light of the digital transformation will be at the heart of all of the courses.