Supply Chain Management in a VUCA World

Supply Chain Management in a VUCA World

Last Update: 08th February 2021

The term VUCA was coined by the US military a number of years ago and is an acronym for volatile, uncertain, complex, and ambiguous. As we can see, the trade disputes and the COVID - 19 pandemics have changed the landscape forever.

This course will give you a good start by explaining the complexity of supply chains, the system thinking required, and the agility needed to manage events in our VUCA world. We cover the basic elements and raise some important questions you need to think about when immersing yourself into the subject.

We break up this course into 5 sections

* Supply Chain Basics - Here we focus on how the current pandemic has affected our basic supply chain principles

* Procurement and Sourcing - How we organize our resources, what are the processes we follow, and how this looks different in a VUCA world

* Production - Where we produce, how we produce, and how we ensure production in volatile times

* Logistics - Whis is logistics, how is it managed today and how is this changing, especially in a digital world

* Supply Chain Perspectives - Looking at the subject from different angles

What makes supply chain management different than business processes and logistics? What issues do we have with technology? How does automation change how supply chains work? All this and more are covered in this course.

Perform a deep dive into the world of supply and demand, sourcing, inventory and logistics witin an uncertain world

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What you will learn

• What supply chain management is about
• Why is supply chain management not the same as business process management or logistics
• Supply chain elements such as the SCOR model

Rating: 4.3

Level: Intermediate Level

Duration: 4.5 hours

Instructor: Michael Boyle