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#BU-03-17 The Digital Economy: Effective Supply Chain Management

  • Categories Business
  • Duration 16h
  • Total Enrolled 8
  • Last Update September 23, 2020

About Course

The Open University

Description

Create value with your supply chain

Goods and services reach end users through increasingly intricate channels, involving people and processes all over the world, supported by advancing technology.

Understanding the key relationships in these supply chains can help you cut costs, boost performance and create more value for customers.

This online course will equip you with a critical appreciation of the way supply chains work, and how to make them work better.

Whether you are a sole trader, in a small to medium-sized organisation, or work for a large firm, you’ll find out how the supply chain is changing in the digital era.

What topics will you cover?

  • What supply chain management is and why it is important
  • The distinct processes that make up a digital supply chain
  • How risk is assessed in the digital supply chain
  • How organisations are using the supply chain to gain a competitive advantage
  • Competitive advantage in the digital supply chain
  • How supply chain management fits with the company’s strategy
  • The future of supply chain management

Who will you learn with?

Hilary Collins

Hilary is a strategic design academic with research interests in the economic and cultural role of the creative industries. She teaches OU courses in Strategy and Design Thinking

 

 

Who developed the course?

The Open University

The Open University (OU) is the largest academic institution in the UK and a world leader in flexible distance learning, with a mission to be open to people, places, methods and ideas.

 

What Will I Learn?

  • Identify and understand the impact of the digital economy on structure and function of a supply chain, recognising opportunities to reduce cost and create value in your own professional context.
  • Demonstrate and recognising the impact of the digital economy when taking an informed approach to decisions such as outsourcing and quality management.
  • Improve your analytical and prioritising skills.
  • Develop your ethical awareness as a manager.

Topics for this course

17 Lessons16h

What do we mean by supply chain management??

Digital technology permeates all aspects of our lives as citizens, consumers and workers. It is leading to changes in the way we access goods and services, and in the way those goods and services reach us.
Welcome to the course00:01:52
The supply chain00:03:29
The supply chain model
Supply chains involve transformation
How supply chains work00:07:34
Supply chains in a small business00:04:59
Objectives of different supply chains

Why is supply chain management important??

Good supply chain management can add value for an organisation and its stakeholders just as poor supply chain management can have the opposite effect.

Driving down cost in the supply chain?

Much of the value that supply chains add comes in the form of saving cost and eliminating waste. Understanding the principles at stake can help you save money and improve quality.

Student Feedback

4.5

Total 4 Ratings

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This course has given an overall outline about on how to start with Operations and SCM. Gives a better understanding of strategies which could be used for determining best Supply chain Strategy and evaluation of the same.

This was a nice learning Course for me. It's so helpful to understand supply chain management, Strategies and Measuring performance.

Thanks for this wonderful online course, I learned lot in this videos and now i have idea how to present our ides and our thoughts to other people with more confident and more clarity.

Thanks to this course because it gives me opportunity to understand what is important in supply chain enviroment.

$39

Material Includes

  • Official Certificate

Target Audience

  • This course is intended for anyone who wants to learn about the effect the digital era is having on supply chains, customers and other stakeholders. No previous experience of studying supply chain management is required, but some basic knowledge of how businesses work would be beneficial.
  • Find further information about OU registration, the assessment module and MBA in the entry requirements.
  • IMPORTANT! If you are aiming to use your study of courses in the Digital Economy program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM871 Managing in the Digital Economy starts July 2020. Please ensure that you allow yourself enough time to obtain all four Certificates of Achievement from courses in the program before registering for the Assessment Course. Details of runs of the relevant Flexgigzz courses in 2019 and 2020 are available here.