MSIM 5043 Supply Chain Management
Examines how an organization can identify, develop and manage products and logistics for global markets. Issues include the product development cycle, the need and value of innovation, and the common barriers encountered in product development. Focuses on the design, control and improvement of manufacturing and service production systems and includes discussion of quality and productivity improvement, resource allocation, the transfer of production technology to developing countries, and global supply chain management. Explores the techniques and procedures involved in carrying out export and import transactions. Discusses factors such as payment terms, trade barriers, licensing, transportation and collections, and taxation. Examines import and customs clearance procedures along with the documentation and other legal requirements of import/export operations. Other topics include foreign product sourcing, international purchasing, and alternatives to exporting such as licensing, foreign manufacturing and joint ventures.