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SCM 704. Applied Inventory Management and Risks in Supply Chains. 3 Credits.

Applied Inventory Management and Risks in Supply Chains is an analytical course that explores the critical aspects of managing inventory within the broader context of supply chain management. By applying various industry models, students will learn how to effectively plan and control inventory levels, ensuring a balance between meeting customer demands and maximizing organizational profitability. This course emphasizes practical approaches to inventory management, exploring key strategies that optimize supply availability while minimizing excess stock. Additionally, the course examines the growing significance of managing risks in modern supply chains, particularly in light of disruptive global events and the increasing reliance on outsourcing, digital supply networks, and global logistics. Students will gain insight into risk identification and mitigation strategies, addressing supply chain vulnerabilities, and developing effective responses to disruptions.
Fall Even.