Operational Auditing:- Evaluating the supply chain

Course Description 
 

A sustainable supply chain is critical to the organization’s survival and ability to gain or maintain a competitive advantage. However, a volatile and uncertain global economy, growing demands for environmental protection, increasing resource scarcity, and an era in which consumers seek on-demand goods and services — are having profound effects on supply chain dynamics. 

Course outline:

Supply Chain Dynamics 

• Explain the concept, broad objectives, and benefits of supplychains

• Express the importance of an effective supply chain strategy

• Clarify the essential elements that define an organization’s supplychain strategy 

• Illustrate the different types ofsupply chains 

• Outline the strategic goals, benefits, and potential challenges associated with differentsupply chain configurations

• Develop a process model depicting the network of processes within the supply chain

• Describe the importance of managing relationships with external supply chain partners 

• Discuss the importance of information technology software to enhance collaboration with supply chain external partners 

• Define the performance attributes for measuring the operational effectiveness of the supply chain

The Supply Chain Operating Environment

• Theorize the potential effects or challenges posed by supply chaintrends on supply chain operations and management

• Predict the effect of potential risks and opportunities along the supplychain on supply chain operations and management

Evaluating the Extended SupplyChain 

• Define the key objectives and potential outcomes of a supply chain audit from a strategic and operational perspective 

• Develop criteria to evaluate the effectiveness of the organization’s supply chainstrategy and configuration

• Develop criteria to measure and evaluate the efficiency, responsiveness, and flexibility of the organization’s supplychain operations

• Develop metrics to evaluate the operational performance of the extended supply chain