Supply Chain Management Major
Supply chain management (SCM) encompasses not only the design and planning of supply chain activities, but also the execution, control, and monitoring that help companies to build a competitive infrastructure and create net value. The supply chain includes planning, procurement, manufacturing, fulfillment, inventory management, logistics, returns to suppliers, and returns from customers - all the functional areas involved in receiving and filling a customer’s order with a repeatable and satisfying experience.
The SCM major discusses integration with marketing; product and process engineering; accounting and finance; human resources; environmental, health, safety and quality; facilities management; and information technology areas. Finally, the major assumes a global perspective not only in terms of the internal operations of manufacturing and service businesses, but also with partnerships among suppliers, customers, and third-party logistic providers worldwide.
The SCM major is designed to provide its graduates with both theoretical knowledge of SCM and the ability to apply this knowledge to real-world problems and opportunities in a manner that improves business performance with a focus on the following key topics:
- Building a strategic framework to analyze a supply chain
- Designing global supply chain networks
- Planning and coordinating demand and supply in a supply chain
- Planning and managing inventories in a supply chain
- Planning and managing procurement in a supply chain
- Managing cross-functional drivers in a supply chain
- Earn a minimum of 120 Academic Credits
- Including 15 Academic Credits in SCM
- Fulfill all:
- Complete BUSQOM 1070 - Operations Management
- Cumulative GPA of 2.25 (C+) in all courses applied toward a SCM major.
- A “C-” or better must be earned in each course applied toward a SCM major
Required Core Courses
Must complete with a C or better in order to proceed with the Supply Chain Management major.
- BUSQOM 1070: Operations ManagementProvides foundations for managing operations technology—manufacturing and service. The management of operations of the conversion process will be discussed. The field is centered on the fundamental problem of any manager—taking inputs (raw materials) and transforming them efficiently and effectively into products resulting in a satisfied customer. Topics include: bottleneck and capacity analysis, and capacity expansion issues; decoupling the workstations—buffers versus internal and external variability; economies of scale in material handling and distribution—EOQ, MRP; reorder point computations; distribution and logistics management; scheduling of products, workforce, and other resources; and GT, JIT, CIM, and FMS. Prerequisite: BUSQOM 0050)
Required Major Courses
- BUSSCM 1730: Managing Global Supply ChainsSupply chain management explores the management of the flow of materials, information and funds through the network of suppliers, manufacturers, distributors, retailers and customers. Using the methodologies of optimization and simulation, where applicable, this course covers topics in distribution network design, inventory management, procurement and outsourcing, revenue management, and channel coordination. For marketing majors, this course counts as a marketing elective. Prerequisite: BUSQOM 1070)
- BUSSCM 1740: Procurement and DistributionPurchasing and supply management play an essential role in the ability of the firm to operate efficiently and competitively in the contemporary global business environment. Included in these processes are activities involved in identifying potential suppliers, creating relationships with selected suppliers, obtaining the needed materials in the most efficient quantities at the highest quality levels, and developing strategies designed to ensure an uninterrupted flow of goods and materials.
Purchasing is increasingly a strategic activity that impacts all areas of the firm, including product design, information system design, e-commerce activities, manufacturing planning and control, inventory management, human resource development, financial planning, forecasting, sales, and quality management. The objective of this course is to make students are of the demands placed upon purchasing professionals, and to understand the impact of purchasing on the competitive success and profitability of the firm. They must also have an understanding of legal and ethical considerations that affect purchasing decision making. Prerequisite: BUSQOM 1070
- BUSSCM 1750: Revenue ManagementIncreasingly, due to shortening product life cycles and capital-intensive capacity decisions, companies are being forced to place greater emphasis on managing constrained, but perishable inventory and capacity. Examples include the transportation industry (encompassing airlines, shipping, car rentals, and trucking), the hotel industry, the entertainment and sporting industry, and the retail industry. The underlying managerial issue is complex, but improved decision making can increase a company’s revenues and profits. In this course, we study quantity and pricing strategies to improve profitability and the course uses microeconomics, operations research, segmentation, and pricing and forecasting concepts that the students would have learned in their economics, quantitative methods, operations, and marketing classes. The methodologies covered in the course include deterministic and stochastic optimization, forecasting, and statistical estimation. Students are also exposed to commercial revenue management software. Prerequisite: BUSQOM 1070)
Elective Major Courses
Must complete at least two courses.
- BUSSCM 1725: Global Supply Network & Manufacturing Culture in Latin America The course provides students with the fundamentals of international supply chain methods with a special focus on Latin America and Uruguay. It will feature a 2-week study visit to Uruguay where students can place their understanding of those concepts within a cultural context. The course involves significant teamwork and allows students to complete an in-depth analysis of the global supply networks and manufacturing culture in Latin American with Uruguay as a reference point.
- BUSSCM 1735: Engineering & Business Collaboration in India
- BUSSCM 1760: Data Mining
- BUSSCM 1765: Forecasting
- BUSSCM 1770: Process Engineering
- BUSSCM 1775: Simulation
- BUSSCM 1780: Six SigmaSix sigma is a disciplined, data-driven approach to process improvement aimed at the near-elimination of defects from every product, process, and transaction. Six sigma utilizes the following five-phase problem-solving methodology known by the acronym DMAIC: 1. Define the projects, the goals, and the deliverables to customers (internal and external). Describe and quantify both the defect and the expected improvement. 2. Measure the current performance of the process. Validate data to make sure it is credible and set the baseline. 3. Analyze and determine the root cause(s) of the defects. Narrow the causal factors to the vital few. 4. Improve the process to eliminate defects. Optimize the vital few and their interrelationships. 5. Control the performance of the process. Lock down the gains. BUSSCM 1780 six sigma is designed to provide the student not only with strong theoretical knowledge of the six sigma green belt body of knowledge, but also with practical, hands-on, experience-based learning through the application of six sigma tools and techniques via in-class labs.
- BUSSCM 1785: Field Projects in Global Supply ChainsThis project course is an opportunity for Global Management and Supply Chain Management students to apply their management skills and develop their understanding of the challenges in supply/value chain management. In the course, students will work closely with a faculty member to create a specific deliverable that meets the needs of a client organization. This experiential learning course will touch on one or several of the following areas: supply chain management, value chain management, supplier diversity and/or global sourcing. Prerequisite: BUSSCM 1730 Managing Global Supply Chains
- BUSMKT 1431: Product Development and ManagementAddresses all stages of the product life cycle beginning with the various phases of new-product development, including creativity and new-product concept generation, concept testing and evaluation, pricing, demand forecasting, and new product marketing strategies. Also deals with special challenges related to marketing mature products/services, improving marketing implementation effectiveness, and marketing the intangible features of products. Prerequisite: BUSMKT 1040
- BUSBIS 1630: Project ManagementPlanning, organizing, staffing, and controlling projects requires traditional management skills as well as an appreciation of the tools, techniques, and practices unique to project management. This course starts with an overview of project management concepts, and then focuses on project planning, estimating, monitoring, and controlling. It also covers topics related to being an effective project leader and managing project teams. The project management institute (PMI), a professional organization for project managers has produced a guide to the project management body of knowledge, which documents the knowledge and practices needed by today’s project managers.This guide, along with current research and management trends related to project management, provide the framework for material covered in this class.
- BUSBIS 1635: IT Systems in Global Supply ChainsUsing the SAP integrated Enterprise Resource Planning (ERP) system, this course will, explore how information technology systems are fast becoming the foundation of effective supply chain agility. Supply chain partners exchange data via information technology systems to place orders, share product design specifications, track material movements, manage inventories, track product quality complaints, utilize logistical tracking systems, and receive orders from customers for goods and services. Using SAP, the students will compete with their peers using both distribution and manufacturing simulation games; reinforcing the role of Information Technology Systems in Supply Chains.
- IE 1076: Total Quality ManagementAn introduction to the philosophies of Deming, Crosby, Juran and Kaizen. Techniques include the seven basic tools, traditional quality control, statistical process control, benchmarking, and quality function deployment.
- IE 1079: Logistics & Supply Chain EngineeringModern supply chains are based on networks with a number of actors from manufacturer to distributer to retailer. This course covers the use of modeling for coordinating production, inventory, distribution, and transportation across a supply chain network.
- IE 1080: Supply Chain AnalysisAn overview of Supply Chain Analysis with an emphasis on operations and a strong quantitative orientation. Topics include supply chain strategies; sourcing decisions; demand forecasting; aggregate planning; managing supply and demand; production and inventory control systems including MRP and JIT; dealing with uncertainty; distribution networks; coordination & integration.
Types of Jobs
- Industrial production
- Purchasing, transportation, storage, and distribution
- Management consulting
Certificate Program in Supply Chain Management. Students may not combine the Supply Chain Management major with the Certificate Program in Supply Chain Management. They may complete only one of these programs.