Supply chain leaders manage products, information, and finances to create an efficient, effective supply chain. With this online certificate program, you’ll study at the graduate level to gain the knowledge you need to advance in your career.
You’ll gain a thorough understanding of the three distinct flows that create supply chain excellence in any company. Learn from lectures, readings, discussions and quizzes designed by faculty from the Department of Supply Chain Management at Rutgers University. You’ll also benefit from graded feedback from the instructor and live sessions with groups of high-caliber peers.
This course will provide you with an introduction and head-start to the Supply Chain Excellence MasterTrack.
Managing Product Flow
-Supply Chains are made up of a network of companies from the initial raw materials to the ultimate consumer of the finished product. Within this network of companies, there are three ongoing flows: products, information, and finances. To properly understand the supply chain and manage it, you need to understand all of the flows. The first of three courses in this MasterTrack will focus on the flow of products in the Supply Chain. You will learn how products flow through procurement, manufacturing, and logistics within each company. This module will cover not only the introduction of the course but also the overall product flow goals that supply chain executives are trying to accomplish when building a supply chain.
Managing Information Flow
-The second of three flows is how information moves in the Supply Chain. You will learn how information enters the company from suppliers. Next, we will cover information systems within the firm. Lastly, we will cover how information reaches customers. Specifically, we will cover blockchain technology, and artificial intelligence, as well as machine learning.
Managing Financial Flow
-Welcome to the third and final flow in the supply chain: finances. In this module, we introduce the financial aspect of SCM, while covering the basic financial statements as well as the cash conversion cycle, an important metric that combines SCM and finance.