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Learn to navigate the challenges and opportunities of rapidly evolving supply chains using a sustainable mindset and innovative tools and processes. As part of the Rutgers Stackable Business Innovation Program (rSBI), the Future Trends in Supply Chain Management Concentration is stackable with: Master of Supply Chain Analytics, MS in Healthcare Analytics and Intelligence, MS in Supply Chain Management, MBA.
This concentration presents cutting-edge developments in future supply chain management. It focuses on increasingly critical sustainability issues and awareness of fact-driven decision-making in supply chains enabled by lean six sigma. It is designed to equip practitioners with the tools necessary to meet tomorrow’s challenges.
You can take the course listed below as individual classes or as stackable courses towards the completion of a concentration.
This course addresses digital transformation of supply chains. As such, it discusses drivers that are impacting supply chains. These include high-speed data processing capabilities, artificial intelligence, machine learning, big data analytics, new process automation capabilities, rapid communications, cloud computing, sustainability. The course draws on current information and research globally, and other authoritative sources. The teaching approach and objectives include a strong emphasis on providing students with useful content, engaging them in discussions, soliciting and asking questions, discussing practical and real-world examples, and guest speaker talks, with the goal of developing student analytic and human skills, necessary to detect changes in the business environment and to develop plans/strategies as needed. This course will consist of two parts: (1) a broad introduction to Digital Transformation across industries, with an overview of strategy, methodology, tools, and the current state in multiple industries; and (2) Digital Transformation specific to supply chains.
This course addresses strategic aspects of future supply chains. As such, it discusses the evolution of future drivers that will impact supply chains, drawing upon information posted by various organizations/sources, such as Capgemini Digital Transformation Institute, Intergovernmental Panel on Climate Change, OECD, United Nations Industrial Development Organization, IMF, Deloitte’s 2016 Global Manufacturing Competitiveness Index, World Economic Forum’s 2018 Global Competitiveness Index and other authoritative sources. The teaching approach and objectives include strong emphasis on providing students with useful content, engaging them in discussions, soliciting and asking questions, and practical and real-world examples applicable to developing student analytical skills necessary to detect changes in the business environment and to develop plans/strategies as needed.
There are global experiences and examples that show how sustainability criteria in the 'upstream' supply chain management and procurement process. Corporations can both improve environmental performance, while addressing ethics, social regeneration and economic concerns (e.g. the 'triple bottom-line'). This course will allow students to participate in applied research to explore the application of environmentally responsible supply chain principles which includes: designing supply chain management and procurement schemes which address environmental, social and ethical considerations in organizational policy development as well as the procurement process. Research themes may include: the public and private supply chain management and procurement process, green purchasing process, contract design, procurement which promotes low carbon emission considerations and zero waste (avoidance and minimization), social and economic regeneration, civic infrastructure policy, e-procurement applications, and cost cutting measures derived from life cycling costing modeling. The goal is to provide students with different experiences to examine environmental management from a supply chain management perspective.
Lean six sigma is an application of the quantitative six sigma quality management techniques within a lean enterprise. The goal is to create an efficient organization that continuously reduces waste and operates at the most efficient levels possible. In addition to covering the fundamentals of Lean and Six Sigma, this course will equip students with other important tools and strategies to improve the performance of business processes. Students will practice solving business problems and improving processes through case studies, team exercises and simulations, self-assessments, and guest lectures. Topics covered will include: six sigma improvement methodology and tools, lean manufacturing tools and approaches, dashboards and other business improvement techniques. Students will also gain an understanding of: the strategic importance of business improvement, the need for fact-based management, the significance of change management, and how to deploy these tools in different parts of the value chain.
The concentration and courses are offered by the Supply Chain Management Department
Sample Relevant Careers: Procurement Officer, Supply Chain Manager, Operations Manager