The SCOR model describes the business activities associated with satisfying a customer's demand, which include plan, source, make, deliver, return and enable. Clear visibility into inventory transactions can positively impact the entire process of ordering, storing and using inventory from raw materials to finished product. Learners apply legal fundamentals useful in today's fast-paced, rapidly changing business environment. Membership with CILT(UK) is essential to keeping you moving: 106 Bunhill Row All requests must be submitted prior to the start of the program. Here is where those raw materials you procured are made into the products that meet your customers demand. This offers an opportunity to specialise in a contemporary supply chain topic related to students' future careers. Supply chain expertise helps companies manage goods and services locally andaround the globe. Focusing on the framework of working capital management, capital budgeting process, long-term financing and external growth through mergers, learners explore the major financial decisions faced by the business. 2022 Copyright Niagara College Canada. Supply chain management is affected by numerous factors outside your operations and often outside your control. establish and manage strategic relationships with a diversity of stakeholders and support the achievement of business goals. The delivery mode of some courses is still being determined. In this most global of sectors youll be equipped with cultural sensitivity, and effective business communication, networking and time management skills. Here are the most important parts of any SCM system or model. APPLYING WITH AN INTERNATIONAL BACCALAUREATE (IB). The best supply chain professionals can spot potential problems before they arise and take action before they cause a major rupture in the supply chain. The Digital Supply Chain Management degree is for you if you want to learn about the latest thinking and business practices in digital supply chain management generally. Therefore, understanding the basics of accounting and financial statements are important for every business graduate. Transform your container logistics by freeing it from traditional data systems, manual document handling and poor visibility. The module aims to provide you with a profound understanding of the role of finance and risk management in supply chains, including the specific technologies that are used by the industry and banks. The SCOR model describes the business activities associated with satisfying a customer's demand, which include plan, source, make, deliver, return and enable. For information about International Tuition rates please see. Fees may vary upon enrolment into specific courses that are outside of the core curriculum or elective courses. Additionally, the role that the human resources functional processes, practices and programs have in creating an engaged workforce is developed and reflected on. The better and more effective a companys supply chain management is, the better it protects its business reputation and long-term sustainability. Learners critically evaluate day-to-day economic subjects in a personal and business context. That may mean informing and educating your team members on changes to the process. Supply chain and operations management is the core functional area of any business. Qualified graduates have the opportunity to earn Certified Supply Chain Management Professional designation offered by the Supply Chain Canada. application by the equal consideration deadline of February 1. Have questions about this program or NC? In this video, he tells us how his passion for badminton helped him build in confidence and resilience and inspired him to become President of the Global Supply Chain Club. Discover the top 10 universities for masters in supply chain management degrees, based on the new QS World University Rankings: Supply Chain Management Rankings. info@bowvalleycollege.ca Changes in consumer demand and perception can also send ripples through your operations, sometimes almost overnight. The allocation of scarce resources in the face of unlimited wants and needs is at the core of economics. Your team is a key asset to your decision-making process, if you know how to use it. For next steps in the application process please visit, Complete an application online through our. People at every stage of a supply chain can be resources to help you with problem-solving and implementing your decisions. Privacy Policy, We use cookies to ensure that we give you the best experience on our website. In this major, you'll learn the various aspects of business operations including procurement, logistics and transportation, supplier relations, and inventory management. The Project must be submitted by the end of August. This degree has been accredited by both theThe Chartered Institute of Logistics and Transport UK (CILT), and theChartered Institute of Procurement & Supply (CIPS). General information about other costs, due dates, refund policy, housing costs, and more can be found on the Niagara College International website. Youll be equipped with the most up to date research and innovative business practices, which is essential for a successful career in this global sector. The first references to the concept of a global value chain date from the mid-1990s. SCMP Modules include: Please note that all academic timetables are subject to change. You will be familiarized with high-level strategies for digitalisation and concrete applications in areas such as manufacturing, supply chain management, and service delivery. All costs associated with program requirements are the responsibility of the student. You have to be ready to change your supply chain management strategy quickly when the situation demands it. 300 Stokely Management Center Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Any provided software may not operate properly. Students in programs marked as online/in-person will have a combination of those two types of delivery. Students are responsible for ensuring that they have a Microsoft Windows 10 based desktop or laptop system that meets or exceeds the following general personal computer technology requirements: Niagara College will not be able to provide support for systems different than the above specifications. (learn more). This improves a companys financial position by adding to profit leverage, reducing fixed assets and increasing cash flow. While (80%) of senior supply chain executives are focusing on (ESG) initiatives many lack end-to-end supply chain visibility and technology to reach their goals, according to a new Ernst & Young report. It provides you with valuable connections so that you can share best practice and stay connected. Book a Virtual College Exploration Session and directly connect with NC Student Recruitment. In the second, list weaknesses. Supply chain management professionals determine the best combinations of outsourcing and procurement. Decision tree Another visual mapping tool for decision-making, the decision tree , can be helpful in predicting outcomes and weighing pros and cons. While (80%) of senior supply chain executives are focusing on (ESG) initiatives many lack end-to-end supply chain visibility and technology to reach their goals, according to a new Ernst & Young report. Access over $200,000 in scholarships and awards. This program is designed to develop the knowledge, skills, and abilities needed to be successful within any role in Supply Chain Management. It supports your lifelong learning and provides a range of tools to boost your career development. We will confirm any change to the annual tuition fee for continuing students in writing prior to commencing each subsequent year of study (where applicable). Supply chain management is all-encompassing, while procurement exists to support it with the input it needs to work. A pragmatic approach to developing a strategic analysis skill set is followed. Such mobility programs can also promote social cohesion, along with understanding and respect for the supply-chain management profession in the larger organization. 18 hours over ten weeks in lectures or workshops, working capital optimisation with a focus on the role of technology in managing receivables, payables and inventories, trade credit and technology-based financing techniques such as reverse factoring and dynamic discounting. In this course, learners examine the theories and best practices in logistics that lead companies to achieve efficient and effective operations to serve their customers and overcome their competitors. A supply chain control tower should provide end-to-end visibility across the supply chain particularly into unforeseen external events. In his early work based on research on East Asian garment firms, Gary Gereffi, the pioneer in value chain analysis, describes a process of almost natural learning and As supply chains become more holistic and cooperative, companies must adapt. Then draw branches to represent different factors relating to the situation and their effects. Supply chain management is the handling of the entire production flow of a good or service to maximize quality, delivery, customer experience and profitability. In his early work based on research on East Asian garment firms, Gary Gereffi, the pioneer in value chain analysis, describes a process of almost natural learning and risk management strategies including the identification, assessment and mitigation of operational as well as financial risks within the supply chain using digital solutions. A mixed course delivery mode where learning activity takes place through a blend of scheduled in-class and scheduled or non-scheduled online delivery methods. 403-410-3476. But what really makes SCM so important is that it can also become an important competitive advantage for businesses. The problem-solving skills to deal with these and other challenges are necessary to handle the responsibility of an executive position. See what it can do by taking this free 30-day trial. In commerce, supply chain management (SCM) is the management of the flow of goods and services includes all processes that transform raw materials into final products between businesses and locations. Manufacturers can confirm a product delivery date when the order is placed significantly reducing incorrectly-filled orders. The Supply Chain Management Major helps you develop job-ready skills and other related business abilities. All organisations should consider cyber supply chain risk management. The role of households, businesses, government, financial intermediaries and the international sector in influencing national income is examined. All Rights Reserved. The logistics and supply chain management industry is undergoing massive expansion and graduates who can demonstrate both business management and logistics skills, will be in high demand. To be eligible for admission, you must possess the following: An applicant is considered a mature applicant if they have not completed secondary school or other postsecondary school, and will be 19 or older as of the first day of classes. When problems arise, nimble thinking and quick decisions may be the only way to avoid interruptions in your operations that can cost money and time. These are skills which are highly valued across industry sectors. Learn from academics that are following best practice for teaching operations and supply chain management according to higher education literature, Have the opportunity to undertakea wide variety of elective courses, that are mostly delivered by practitioners in the field with decades of experience working in the sector, Take international electives where you take a course offered in another university worldwide, Benefit from career fairs, alumni and other networking events and conferences that help you succeed in job hunting. Take a self-guided, virtual walking tour of our campuses and explore our labs and common spaces. Such mobility programs can also promote social cohesion, along with understanding and respect for the supply-chain management profession in the larger organization. We recommend Mozilla Firefox, Google Chrome, and Safari as browsers. Location: Humber North, Barrett Centre for Technology Innovation (Atrium), Hosted by Co-op & Work Placement Services Faculty of Applied Sciences & Technology. Effective supply chain management systems minimize cost, waste and time in the production cycle. Haslam is top-rated among supply chain programs throughout the world, with connections to 75 supply chain partners and recruiters from more than 350 companies. Learners explore the dynamic flow and storage of materials, services, and related information from suppliers to the final customers. The course concludes with the application of microeconomic theory to more advanced topics such as international trade, marginal analysis and the trade-off between equity and efficiency.Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course. Identify the problem or opportunity. With this knowledge, you can contribute to the operational efficiency of a company. All applicants whose first language is not English must meet Humbers English Language Proficiency Policy. Employers of recent Supply Chain Management graduates include Canadian Tire Corporation, UPS, Xerox, Suncor, Johnson & Johnson, Walmart, Loblaw, Sobeys, Shoppers Drug Mart, Nestl, SCI, TJX, Sleep Country Canada and a multitude of other smaller organizations. Its your job to solve how to shift production and rearrange your supply chain to meet the new demand. Reliable internet access DSL or cable connections are highly recommended. Our graduates move into fantastic careers in procurement management in retail, supply chain consultancy and specialist finance positions in the banking and insurance sectors. International Sales Cooperator, Liebherr (China), Regional General Manager for Operations, Starline Logistics, Operations Leadership Programme, General Electric. To learn more about working in the supply chain management field,Watch Video Here. apply after February 1, however, post-February 1 applications will be In essence, supply chain management deals with how supplies are transformed into finished goods and distributed to the customers. The General Business Major is designed to provide students with pathways to further their post-secondary studies at various universities. Coordinate the efficient handling and movement of goods, services, materials and related information within and between supply chains. London EC1Y 8TZ Supply chain and operations managers obtain, develop and manage the resources required to deliver goods and services to clients. Please contact the Admissions office at [emailprotected] for assistance. $32,844, CAD Every business exports and imports goods and services. Humbers Supply Chain Management graduate certificate program provides you with a solid grounding in both business and global supply chain issues. $12,900 Most private college courses and/or credentials are not acceptable as admission requirements for Niagara College programs. Reach out to us using our contact form and we'll respond within regular business hours. Taking less than five courses per term will take longer to complete the program. The expertise to juggle all the elements of a complex supply chain when you are weighing the pros and cons of a decision is an essential skill as a leader. Co-op offers students relevant experience to boost employment opportunities, develop professional skills and experience, network with employers, and earn money for one term through an assisted job search. Learners analyze business cycles, money and banking, inflation, unemployment, exchange rates, and fiscal and monetary policies. A course delivery mode where learning activity is scheduled and takes place in a classroom or similar setting at a college facility. * Domestic applicants include Canadian citizens, permanent residents and Convention refugees. Insights on building an intelligent, self-correcting supply chain. Information about new opportunities will be shared after you begin your program. The aim of this module is to equip you with an understanding of the most common accounting and finance techniques and practices, and will include the use of published company reports and accounts, and other internally generated information, that enables management to make decisions and control operations.
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what are the goals of supply chain management