Thought for the Day

IMG_3396 (Photo credit: Ajay Tallam)

"The astronomical growth in the wealth and cultural influence of multi-national corporations over the past 15 years can arguably be traced back to a single, seemingly innocuous idea developed by management theorists in the mid-1980s: that successful corporations must primarily produce brands, as opposed to products." --- Naomi Klein, NO LOGO: 10th Anniversary Edition, at page 5.

This in turn has created the hot new major in B-schools: Global Supply Chain Management.

What is Supply Chain Management?

Supply chain management (SCM) is a process used by companies to ensure that their supply chain is efficient and cost-effective. A supply chain is the collection of steps that a company takes to transform raw components into the final product. Typically, supply chain management is comprised of five stages:

• Plan
• Develop
• Make
• Deliver
• Return

Program Objectives

The objectives of the GSCM program are to help students:

• become familiar with components of global supply chains (e.g., manufacturing, production, distribution, sales) and issues related to the management of global supply chains.
• understand the similarities and differences, as well as the strengths and weaknesses, of different business operating models.
• see how organizations operate and adapt to cultural and regional norms, address border issues, and comply with local, regional, and international laws governing the conduct of business.
• understand the connections between disciplines related to GSCM (e.g., Operations, Marketing, Information Systems, International Business).
• gain hands-on experience with global supply chains through a required co-op or internship experience.
• develop an in-depth knowledge of current and future career opportunities within GSCM.

The Global Supply Chain Management (GSCM) program is intended to provide students with an understanding of the impact this important field is having on the conduct of domestic and international business. This is an interdisciplinary program that merges coursework from Operations, Marketing, Information Systems, and International Business. Students learn to see and understand connections between the different supply chain-related disciplines. Students learn about different operating models used in today’s businesses and will also gain understanding of how businesses operate among different cultures and regions of the world.


--- http://www.rider.edu/academics/colleges-schools/college-business-administration/undergraduate-majors-programs-0/global-su