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Supply Chain Management.txt
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(00:00 \(bright upbeat music\))Tj
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(00:02 - The Supply Chain Management concentration)Tj
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(00:05 of MBA program offers fundamental principles,)Tj
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(00:09 best practices, and practical skills)Tj
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(00:14 needed to implement some integrated solutions)Tj
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(00:17 to improve overall performance of any supply chain.)Tj
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(00:23 We have three courses here to complete this concentration.)Tj
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(00:29 The first course is ISOM 851, Supply Chain Management.)Tj
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(00:35 Second course is ISOM 825, Enterprise Data Management,)Tj
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(00:42 and third course is ISOM 861: Project Management.)Tj
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(00:46 [upbeat music])Tj
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(00:51 To deliver a product or service, then modern enterprises)Tj
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(00:57 cannot deliver it, one single company cannot do that.)Tj
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(01:02 So basically you need suppliers, manufacturers,)Tj
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(01:08 distributors, and retailers working all together)Tj
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(01:13 to deliver one single product.)Tj
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(01:14 For example, Walmart has thousands of products)Tj
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(01:17 that means Walmart is dealing)Tj
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(01:19 with thousands of supply chains.)Tj
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(01:21 One product has many suppliers,)Tj
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(01:26 manufacturers, distributors, retail stores.)Tj
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(01:29 So then one company doing so good)Tj
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(01:32 that doesn't mean that the company's)Tj
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(01:35 performance is good if other company suffers.)Tj
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(01:39 So without understanding this ecosystem)Tj
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(01:43 no company is successful.)Tj
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(01:46 So, you know, the famous quote is "no company can do better)Tj
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(01:50 than it's supply chain.")Tj
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(01:53 You have a broad range of, you know,)Tj
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(01:57 these sub-fields available here.)Tj
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(01:59 Sourcing - supply chain is a like a big umbrella)Tj
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(02:01 but you have a sourcing or procurement)Tj
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(02:05 from supply side; manufacturing;)Tj
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(02:09 inventory; transportation;)Tj
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(02:11 you have a pricing)Tj
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(02:13 or information system;)Tj
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(02:16 and also project management.)Tj
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(02:18 So these are some sub-areas which are very common)Tj
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(02:22 and popular in supply chain management.)Tj
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(02:28 So this actually, without...this is also the area)Tj
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(02:32 which is most promising)Tj
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(02:35 and also in career perspective,)Tj
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(02:41 also in digital age,)Tj
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(02:44 in that supply chain is most important functional area)Tj
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(02:46 in business school.)Tj
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(02:48 So I recommend anybody, not even MBA students actually,)Tj
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(02:52 should take this course,)Tj
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(02:54 and also other courses to complete this concentration.)Tj
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(02:59 It's opened up a lot of career opportunities.)Tj
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