Understanding how to implement leading practices in supply chain planning
(SCP), including recognizing SCP’s benefits and challenges, can help your
company optimize financials and avoid unnecessary inventory costs.
Supply chain planning (SCP) enables companies to achieve operational benefits
through reduced costs and increased yields. Today, as companies globalize
their supply chains, they need to adopt global SCP practices to manage the
challenges associated with a global supply chain. To overcome these
challenges, companies collaborate with trading partners, use financial
optimization techniques, and apply postponement concepts.
This course covers the impacts and benefits of global SCP and states the
importance of collaboration between trading partners. It also covers how
companies use financial optimization to maximize profit and minimize cost.
Finally, the course provides postponement concepts that enable companies to
achieve business benefits.
After completing this course, you should be able to:
State the impacts and benefits of global SCP.
Recognize the importance of collaboration with trading partners to reduce lead times and become more cost competitive.
Identify how financial optimization techniques are used to optimize profit and cost.
Identify the various postponement concepts that enable companies to achieve business benefits.