Course Description

Prerequisites: upper-division standing.

In today’s dynamic, uncertain and competitive business environment, companies don’t compete. Supply Chains Compete. This has been emphasized this past year through increasingly demanding customers, international trade and political tensions, national security concerns and, of course, the coronavirus pandemic. The supply chain has emerged as the main topic of discussion among industry leaders, the stock market, governments and service providers. This course will cover the key cost and working capital elements of the supply chain, the impacts on the financial statements and market value, and the levers in the supply chain. Students will learn about key strategic cost and cash applications such as Total Costs of Acquisition in Supplier Selection, financial and operational analysis in supplier analysis, and Costs-to-Serve in evaluating Customers. This class will enable students to understand the financial implications of the supply chain and international trade, discuss these with executives, and apply them in their companies.