- Level Foundation
- Duration 18 hours
- Course by Korea Advanced Institute of Science and Technology(KAIST)
-
Offered by
About
As a human being, we all consume products and/or services all the time. This morning you got up and ate your breakfast, e.g., eggs, milk, bread, fresh fruits, and the like. After the breakfast, you drove your car to work or school. At your office, you used your computer, perhaps equipped with 27” LCD monitor. During your break, you drank a cup of coffee and played with your iPhone. So on and so forth. You probably take it for granted that you can enjoy all of these products. But if you take a closer look at how each of these products can be made and eventually delivered to you, you will realize that each one of these is no short of miracle. For example, which fruit do you like? Consider fresh strawberries. In order for the strawberries to be on your breakfast table, there must be numerous functions, activities, transactions, and people involved in planting, cultivating, delivering, and consuming strawberries. Moreover, all of these functions, activities, transactions, and people are connected as an integral chain, through which physical products like strawberries themselves and virtual elements such as information and communication flow back and forth constantly. By grouping related functions or activities, we have a supply chain, comprised of four primary functions such as supplier, manufacturer, distributor, and finally consumer. A supply chain is essentially a value chain. For the society or economy as a whole, the goal is to maximize value, i.e., to create satisfactory value without spending too much. In order to create the maximum value for the strawberry supply chain, every participant in the chain must carry out its function efficiently. In addition, all of the members must coordinate with each other effectively in order to ensure value maximization. We have to face the same issues for almost all the products and services we take for granted in our everyday life, e.g., cars, hamburgers, haircuts, surgeries, movies, banks, restaurants, and you name it! In this course, we want to understand fundamental principles of value creation for the consumers or the market. We try to answer questions like how the product or service is made, how the value-creating activities or functions are coordinated, who should play what leadership roles in realizing all these, and so on. As our course title hints, we approach all of these issues from a learning perspective, which is dynamic in nature and emphasizes long-term capability building rather than short-term symptomatic problem solving.Modules
Philosophical and Moral Foundation
5
Videos
- Foundation of SCM Implementation Part 1
- Foundation of SCM Implementation Part 2
- Learning from History,i.e., Experience Part 1
- Learning from History,i.e., Experience Part 2
- Learning from History,i.e., Experience Part 3
Value, value creation, supply chain management; Efficiency-driven and responsiveness-driven value; Focal company in supply chain management; Value life cycle.
6
Videos
- What is Supply Chain Management
- Value Creation Hierarchy
- What is Value Chain
- Focal Company in Supply Chain Management
- Value Life Cycle Part 1
- Value Life Cycle Part 2
1
Readings
- Syllabus
Quiz
1
Assignment
- Introduction to Value, Value Creation, and Supply Chain Management
Definition of management capability; Controllability, flexibility, and tradeoff between capabilities; Integrating capability; Dynamic changes of capability.
9
Videos
- Management Capability
- Controllability versus Flexibility Part 1
- Controllability versus Flexibility Part 2
- Tradeoff between Capabilities Part 1
- Tradeoff between Capabilities Part 2
- Integrating Capability
- Dynamic Changes of Capability
- Chain of Capability
- Incremental versus Radical Improvement
Quiz
1
Assignment
- Management Capabilities
Definition of learning, learning capability; Double-loop and single-loop learning; Cause-and-effect diagram; Learning propensity model.
9
Videos
- Learning Capability - Basic Definition
- Learning Capability - Dynamic Perspective
- Learning Capability - An Example I
- Learning Capability - An Example II
- Learning Capability - An Example III
- Cause-and-Effect Analysis
- Single-loop and Double-loop Learning
- Learning Dynamics - Learning Propensity Model
- Learning Organization for SCM
Quiz
1
Assignment
- Learning Perspective
Quality is free?; Dimensions of quality; Order-qualifying versus order-winning attributes; Assignable versus common causes; Principles of statistical process control.
9
Videos
- Quality - Multidimensional Nature
- Quality - Order Winning versus Qualifying
- Quality Costs - Quality Failure
- Total Quality Management
- Quality Improvement Dynamics - Quality is Free?
- Quality Dynamics - "Quality-Learning"
- Quality - Statistical Process Control Part 1
- Quality - Statistical Process Control Part 2
- Quality - Process Capability
Quiz
1
Assignment
- Quality Management
Sequential new product development process; Flexible or cross-functional new product development process; Implementation strategy; Integration with supply chain management.
6
Videos
- New Product Innovation
- NPD Process - Two Approaches Part 1
- NPD Process - Two Approaches Part 2
- Cost-Benefit Analysis
- Important Role of CFT Approach
- Three Stages of Change
Quiz
1
Assignment
- New Product Innovation
Structural dimension; Infrastructural dimension; Minimization of mismatch between supply and demand; Information quality.
7
Videos
- Formal Definition of SCM
- Designing Factors - Structural Dimension Part 1
- Designing Factors - Structural Dimension Part 2
- Designing Factors - Infrastructural Dimension
- Sustainable SC Coordination
- SCM Process Strategy
- To Minimize the Mismatch between Supply and Demand
Quiz
1
Assignment
- Supply Chain Strategy I: Structural and Infrastructural Dimensions
Supply chain coordination; Bullwhip effect; Postponement; Vendor-managed inventory (VMI).
4
Videos
- Supply Chain Coordination
- Bullwhip Effect and Information Quality
- Vendor-Managed Inventory (VMI)
- Postponement
Quiz
1
Assignment
- Supply Chain Strategy II: Coordination for Value Creation
Global supply chain management; Scale, scope, and speed in global SCM; Sustainable SCM; Calculus, creativity, and commitment.
5
Videos
- Global Supply Chain Management Part 1
- Global Supply Chain Management Part 2
- Value Chain Sustainability
- Effective Decision Making for Global, Sustainable SCM
- Managerial Insights
Quiz
1
Assignment
- Supply Chain Globalization and Sustainability
Final Exam
1
Assignment
- Final Exam
Auto Summary
Explore the dynamic world of supply chain management with "Supply Chain Management: A Learning Perspective." Dive into the essential principles of value creation, coordination, and leadership within supply chains. Taught by an expert on Coursera, this foundational course spans 1080 minutes and offers a long-term, capability-building approach. Ideal for beginners in Business & Management, it’s available with a Starter subscription. Unlock the secrets behind everyday products and services, and learn how to maximize value efficiently.

Bowon Kim