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Lean - Supply Chain Management

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Supply Chain Management Certificate

This workshop is designed for those individuals who are involved in managing the supply chain, including those who are involved in "make versus buy" decisions, evaluating and selecting suppliers, establishing contracts with suppliers, negotiating and working with suppliers on a regular basis.  Through readings, group discussions, in-class exercises, case studies and a research project, you will be able to apply this knowledge to create a world-class relationship with suppliers for improved supply chain performance.

Topics include:

  • Importance of Total Cost of Ownership
  • Organizational Finance and Product Costing Models
  • Outsourcing:  To Make or To Buy
  • Legal Considerations of Contract Types
  • Contract Negotiation and Competitive Bidding
  • Five Powerful Preparation Activities
  • Price and Cost Analysis Negotiation for Cost Reductions
  • Market Performance Metrics
  • Metrics for Supply Chain Management
  • Standards of Supply Chain Management Practice
  • "Sharp Practices" to Avoid
  • Competitive Bidding
  • Global Supply Management and Current Issues
  • Ethical and Professional Standards
  • Legal Considerations, including International Issues

Sessions include the assignment of a research project that the student is expected to work on and complete outside of the regular class setting.


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