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<|im_title>Supply Chain Management Fundamentals
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Understanding the fundamentals of supply chain management is crucial for individuals seeking careers in logistics and supply chain management. It encompasses a wide range of activities, including planning, scheduling, and controlling the flow of goods and materials from suppliers to customers.
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<|im_title>Supply Chain Planning
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Planning is a critical component of supply chain management, involving the determination of the optimal levels of inventory, production, and transportation resources to meet customer demand.
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<|im_title>Supply Chain Scheduling
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Scheduling involves creating a detailed plan for the movement of goods and materials from suppliers to customers. It ensures that resources are allocated efficiently and that products are delivered on time.
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<|im_title>Supply Chain Control
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Supply chain control is the ongoing monitoring and management of the flow of goods and materials throughout the supply chain. It ensures that products are delivered on time and in good condition.
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<|im_title>Inventory Management
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Inventory management is a critical aspect of supply chain management, involving the planning, procurement, and storage of goods and materials. It ensures that the right products are available when they are needed and that inventory levels are optimized.
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<|im_title>Transportation Management
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Transportation management involves the planning, scheduling, and execution of the movement of goods and materials. It ensures that products are delivered to customers in a timely and efficient manner.
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<|im_title>Risk Management
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Risk management is an essential part of supply chain management, as it identifies and assesses potential risks that could impact the supply chain. It develops strategies to mitigate these risks and ensure the smooth operation of the supply chain.
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<|im_title>Supply Chain Analytics
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Supply chain analytics is the use of data and analytics to improve the efficiency and effectiveness of the supply chain. It provides insights into customer demand, inventory levels, and other key performance indicators.
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<|im_title>Supply Chain Sustainability
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Supply chain sustainability focuses on minimizing the environmental impact of the supply chain, including reducing carbon emissions, conserving resources, and promoting ethical practices.
The assessment is done via submission of assignment. There are no written exams.