Executive Master in Global Supply ChainsIE (Instituto de Empresa)
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- Madrid (España)
Prior to the program, there will be pre course sessions on Quantitative Tools and Financial Accounting, both monitored by a tutor. The objective of these sessions is to fasten the pace in Analytical Techniques and Financial Accounting to the students who are not familiar with its concepts. All the students are encouraged to participate.
Module I: Essentials of Management
This course focuses on the global environment of business - the economical, political, regulatory, social and ecological context in which contemporary global business operates. Students learn to analyze economical and political environments, discern systematic differences in the business environment across countries and cultures, and formulate robust strategies in a global context.
Global supply chain (GSC) managers must be aware of the fact that their area is part of a larger organization. If an organization is to work, it must act in accordance with a given strategy. GSC managers make an important contribution to drawing up this corporate strategy. Students are challenged to develop a thorough understanding of the firm internal and external factors that shape a firm's ability to create value. Students will be familiarized with tools to analyze industries, firm resources and competitive interactions, both on the individual business and the corporate level.
This course is designed to equip students with the basic technical skills needed to glean relevant economic and financial information on a company, the final aim being to process this information and act accordingly. This enables students to prepare, understand ad interpret all economic information related to the company, and also serves as an introduction to financial analysis.
The underlying objective of this course is for students to understand the basic theoretical concepts required for financial decision making. The course begins by introducing students to forecast techniques based on financial statement and ratio analysis. After these initial sessions, the time value of money concept is introduced and applied, along with several capital budgeting criteria, in order to optimize real assets investment decisions. The last part of the program explains how a firm's cost of capital is calculated and applied.
In order to establish management control and cost systems, supply chain professionals need to have a solid knowledge of costs and how they affect the supply chain processes. In order to achieve this, students need to be fluent in the basic concepts and behaviour of costs, as well as to be capable of designing a system that provides the data required o make informed decisions and determine the point of balance.
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This course is designed to introduce the students to the basic principles of marketing management and marketing strategy. Emphasis will be placed on the four elements of the marketing mix: Product, Price, Promotion and Place. Special attention will be given to brand management as new marketing competitive arena. As products, pricing and distribution increasingly become commodities, the new competitive opportunity is brand value.
Module II: Supply Chain Management
Analytical Techniques for SCM
This Course is designed to equip students with knowledge that will enable them to identify and tackle supply chain problems using quantitative tools and simulators.
Supply Chain Fundamentals
Supply chain management is a cross-functional discipline that concentrates on the management of goods, services and information among all links in the supply chain. This course focuses on the supply chain management concept, models and tools and discusses its implications for business strategy. It reviews important issues in managing, designing and implementing global supply chain management strategies. Students will be trained to understand the fundamentals issues faced in supply chain design, the drivers of supply chain performance, and the impact of supply chain on the firm`s overall performance.
Distribution and Transportation
As supply chain networks continue to extend globally, transportation plays an increasingly important role in satisfying customers. This course introduces the fundamental concepts and technologies to deal with the international challenges facing both shippers and carriers. Topics include network design, consolidation methods, mode selection, shipping frequency, fleet optimization, backhaul and continuous move opportunities, international networks, real-time tracking, and information systems. Students learn how to establish effective planning processes and analyze the tradeoffs in moving products and delivering service.
Operations Management is the area responsible for managing the transformation of the company's resources into products and / or services that the market demands. This course furnishes students with the fundamental concepts of operations needed to design the basic business processes from a global perspective in such a way as to incorporate the attributes desired by the consumer, all while increasing the company's competitive capabilities (cost, speed, quality, innovation, flexibility, dependability, image).
This course focuses on the study of concepts, principles, and problems involved in managing inventories of raw materials, work-in-progress, finished goods, and supplies. Special attention will be given to the formulation and applications of models for the analysis and replenishment of inventories, and of the systems that support these models. Trends and practices in purchasing and procurement are also covered in this course.
Production Planning and Control
This course will provide students with an introduction to methods for managing and control production. Topics covered include demand forecasting, capacity planning, and production planning and scheduling. The objective of the course is to familiarize students with quantitative models that can be used to make decisions in each of these areas. Special emphasis will be given to the link between operational issues and strategic objectives regarding cost, responsiveness, product variety, and customer differentiation, among others
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Managing Customer Services Processes
This course examines excellence in service processes as the competitive edge in today's global supply chains. Topics to be covered include: designing effective customer service for business success, handling internal and external customer complaints, and developing a service culture.
Supply Chain Information Flows
This course is about the selection, adoption, use and management of information systems (IS) for the global supply chain. The course takes the perspective of the supply chain manager and studies how supply chain processes can get more value from their information systems investments. The course focuses on the business value that can be achieved rather than the details of the technology.
Product Design and Supply Chain Design
The objective of this course is to provide you with a basic understanding of the benefits and challenges of coordinated product-process-supply chain design. You will learn how product architecture decisions and supply chain configuration decisions are coordinated, and jointly determine supply chain performance. You will understand how supply chain design has to be adapted to different kind of products and, vice versa, how product design can enable or inhibit global sourcing. The course emphasizes practical approaches to the topic in different contexts.
Supply Chain Innovation Project
As part of the program, participants develop an innovation project in the field of global supply chains. In addition to the project on GSC innovation, the course comprises an eight-session seminar on innovation methodologies. The project will be supervised by a professor and must address a real problem or challenge in a company or sector. The project group must tackle this problem by applying knowledge acquired during the program, and using methodologies taught in the innovation seminar.
This course immerses participants in the challenge of managing diversity in global supply chains. Multi-cultural teams and employees interact daily to perform supply chain processes, make decisions and solve problems. The diversity course will equip participants with skills and competences to deal with diversity and multi-cultural contexts.
Module III: Management Skills for Global Supply Chain Professionals
In addition to core courses, other seminars and workshops contribute to the development of key skills for global supply chains professionals. This module encompasses four seminars:
Collaboration and Trust
The aim of this seminar is to introduce students into one of the most valuable management paradigm: collaboration. More and more companies are working in collaborative schemes. Collaboration can take different perspectives: collaborative processes, technologies for collaborative groups, cooperatives, alliances and joint ventures.
Ethical Behaviour in Global Markets
This seminar pays special attention to ethical issues and engages important debates over sustainable development and corporate social responsibility. Case studies in ethical behaviour of international contexts will be examined with care.
Project Management and Team Development
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This seminar will explore the core areas and elements of project management: concepts, methodologies, techniques and tools. Special attention will be given to teamwork. Organizations across the world are increasingly using teams to accomplish significant projects. As companies become more and more global and distributed geographically, the development of teams has become a common practice. Specific topics to be address are: interdependence, rotating leadership, high levels of trust in other members of the team, social communication, ability to work on a common group goal, and tools to support project management.
Global Negotiating Skills
In a global supply chain we negotiate with managers, employees, clients, suppliers, neighbours and even governmental institutions. The ability to negotiate effectively is a critical management skill. Nevertheless many managers are not trained to negotiate. This seminar is designed to give students a framework for more effective negotiation and conflict management in a global context. Case studies in the negotiation of international contexts will be examined with care.