{"id":14987,"date":"2022-04-27T18:20:05","date_gmt":"2022-04-27T18:20:05","guid":{"rendered":"https:\/\/business.udemy.com\/?post_type=cohort-learning&p=14987"},"modified":"2023-07-13T14:19:48","modified_gmt":"2023-07-13T14:19:48","slug":"leading-your-supply-chain-to-competitive-advantage","status":"publish","type":"cohort-collection","link":"https:\/\/business.udemy.com\/cohort-collection\/leading-your-supply-chain-to-competitive-advantage\/","title":{"rendered":"Leading Your Supply Chain To Competitive Advantage"},"featured_media":15764,"template":"","meta":{"_acf_changed":false,"_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","jv_blocks_editor_width":"","_genesis_block_theme_hide_title":false},"class_list":["post-14987","cohort-collection","type-cohort-collection","status-publish","has-post-thumbnail","hentry","post","with-featured-image"],"acf":{"type":"Program","title":"Leading Your Supply Chain To Competitive Advantage","subtitle":"Align with Business, Make The Right Tradeoffs, and Invest Wisely","cover_image":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/leading-your-supply-chain-to-competitive-advantage-1600x900-1.jpg.webp","description":"

Creating the Path to a Supply Chain Advantage<\/strong><\/p>\n

In Leading Your Supply Chain to Competitive Advantage, leaders will look through the lens of the \u201cto be\u201d to define how they\u2019ll pursue new leadership skills, risk management plans, opportunities for innovation, and a strategy that parallels the company\u2019s plan for growth.<\/p>\n

Program Features<\/h2>\n

Leading Your Supply Chain to Competitive Advantage consists of six 1-week courses developed with Penn State Smeal College of Business. The program supports leaders in developing a supply chain strategy that parallels the corporate strategy and puts the supply chain on a transformation trajectory that lands the company out ahead of its competitors.<\/p>\n

COURSE 1:<\/h3>\n

Strategic Leadership Within Your Supply Chain Organization<\/strong><\/p>\n

This module makes the case for supply chain leaders to build a strong partnership with business leaders and to align the supply chain strategy to the organization\u2019s corporate strategy. Learners will begin to understand how to configure and integrate their activities to align with the approach the company is pursuing to build competitive advantage, through cost management, differentiation, or focus. Learners will discover how cross-functional collaboration, analytical tools, optimization software and other factors make best-in-class supply chains so efficiently and effectively.<\/p>\n

COURSE 2:<\/h3>\n

Building Continuity and Resiliency in Your Supply Chain<\/strong><\/p>\n

Supply chains must be resilient against many kinds of shocks that could be introduced through a vendor bankruptcy, weather event, cyber attacks and other unplanned events. Learners will see how supply chain teams can prepare by analyzing and managing risks, and putting in place continuity plans to minimize impacts from disruptions. In this course, leaders identify strengths and weaknesses in continuity plans, develop risk reduction plans, practice decision making and learn to manage risk levers through a simulated disruption. Participants will discuss ways to address supply chain design, buffers, operating flexibility, security and other levers to prevent or manage disruptions.<\/p>\n

COURSE 3:<\/h3>\n

Defining Ways to Improve Your Supply Chain<\/strong><\/p>\n

This module directs learners to find improvement opportunities that can create competitive advantages. Participants will learn to compare and prioritize opportunities by collecting data evaluating cost\/benefit, ease of implementation and risk for each opportunity. They\u2019ll factor into their analysis the seven supply chain principles that when managed consistently well, yield a world-class supply chain. They\u2019ll also look for opportunities in nine common areas\u2014suppliers, transportation, inventory, SKUs and others\u2014that are rich with potential for improvement. Learners will use assessments, data analysis principles and Pareto charts to find and plan improvements.<\/p>\n

COURSE 4:<\/h3>\n

Supply Chain as a Competitive Advantage<\/strong><\/p>\n

In this course, learners will discuss competitive levers and changes that would put the supply chain on a path to outperform competitors. They\u2019ll explore the concept of the triple bottom line and how today\u2019s sustainability goals often intersect with objectives to reduce waste and make operations more efficient and safer. Using the Innovation Matrix, learners will collaborate to identify game-changing innovations in two categories: product\/service or supply chain process, and two approaches: incremental or radical.<\/p>\n

COURSE 5:<\/h3>\n

Supply Chain Alignment and Orchestration<\/strong><\/p>\n

The goal of every supply chain team is to achieve complete supply chain orchestration where executives, employees and partners all have complete visibility across the supply chain and real-time information to make good decisions. In this course, learners will use frameworks to evaluate alignment and collaboration, categorize functional areas as Traditional, Progressive or Leading, and evaluate ways to develop new synergies when managing client returns, moving from a demand-driven to market-driven network, using analytics to drive new efficiencies across the supply chain. Participants will work in small groups to determine how they will take action on one improvement opportunity.<\/p>\n

COURSE 6:<\/h3>\n

Aligning Supply Chain Goals with Your Corporate Strategy<\/strong><\/p>\n

The final course in Leading Your Supply Chain to Competitive Advantage asks learners to consider process-led transformation work that could strengthen the alignment between the supply chain strategy and the company\u2019s strategic priorities. Learners will examine the state of supply chain assets. Are the current assets preventing the company\u2019s effort to lead its industry because they are redundant, inefficient, or in poor repair? Participants will discuss the supply chain\u2019s current level of flexibility and if it could be easily adapted to accommodate a merger or acquisition. The course reviews how supply chain leaders use McKinsey\u2019s 7S Framework and a trajectory diagram to plan improvements supply chain teams can make to put a company out ahead of its competitors.<\/p>\n","partner_title":"Penn State Smeal College of Business","partner_logo":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/penn-state-smeal-logo-280px.png.webp","learners_will":false,"author":[{"name":"Steve Tracey","title":"Executive Director of the Center for Supply Chain ResearchTM and Penn State Executive Programs, and Professor for the Supply Chain and Information Systems Department within Smeal College of Business.","photo":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/steve-tracey-purple-160px.jpg.webp"},{"name":"John Langley Jr.","title":"Clinical Professor of Supply Chain Management in the Smeal College of Business at Penn State University","photo":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/john-langley-jr-purple-160px.jpg.webp"},{"name":"Chris Norek","title":"Senior Partner, Chain Connectors, Inc. and Affiliated Faculty Member in Supply Chain Management, Penn State University","photo":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/chris-norek-purple-160px.jpg.webp"},{"name":"Chris Craighead","title":"Dove Professor, Haslam College of Business at the University of Tennessee, and Affiliate Faculty in Supply Chain Management at Penn State University","photo":"https:\/\/business.udemy.com\/wp-content\/uploads\/2022\/04\/chris-craighead-purple-160px.jpg.webp"}],"overview_pdf_link":"https:\/\/info.udemy.com\/rs\/273-CKQ-053\/images\/Leading_Your_Supply_Chain_to_Competitive_Advantage.pdf","topics":["Supply Chain Leadership Academy"],"duration":"7","target_level":["functional"]},"yoast_head":"\nLeading Your Supply Chain To Competitive Advantage - 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