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OPER 1160 Introduction to Supply Chain and Operations Management

A supply chain is a network of organizations involved in various processes and activities that create value in the form of products and services in the hands of end customers or consumers. Operations management is one of the three main functions of an enterprise. Together with marketing and accounting/finance, it focuses on the design, creation and improvement of products and services. Understanding key supply chains and operational management fundamentals are essential to the success and profitability of any company. This introductory course will enable students to understand topics related to how to create products and services and deliver them to customers.

Supply chain management is the management of the flow of goods and services, including all processes that turn raw materials into final products. This involves actively simplifying the operations of the company's suppliers to maximize customer value and gain a competitive advantage in the marketplace.

  • Supply chain management (SCM) is the centralized management of the flow of goods and services, including all processes that turn raw materials into final products.
  • By managing the supply chain, a company can reduce unnecessary costs and deliver products to consumers faster.
  • Good supply chain management keeps a company from making headlines, costly reviews and lawsuits.

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