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BUS 698 Supply Chain Strategic Management 

Converting raw material to a finished product goes through several steps called supply chain, for which some important points should be considered:

  • Choose suppliers: visit their factory or farm, collect enough information on how they work on the material they produce, collect samples of the materials to be inspected by a quality assurance specialist and record photos of these samples as reference.
  • Contracting: all terms and conditions should be written and ensure that they are clearly understood and accepted by all parties, prices and delivery times are written, and a penalty should be stated in case violating the terms.
  • On each step, there should be a watcher who ensures that the contracted terms and conditions are done as written, prepare reports about the performance of each operation and deliver these reports to management to evaluate and develop the performance.
  • A customer service employee should collect the opinion of the customers to know how satisfied they are about the finished product, and deliver their notices to the research and development department which will study the capability of executing it.

BUS 698 Supply Chain Strategic Management is carrying total 3 Credits. This course covers supplier relationships in the context of supply chain management and addresses the strategic implications of sourcing. Critical elements including selecting suppliers and identifying those, negotiating contract terms and conditions, and measuring performance in the context of the organization's strategic plans, implementing contracts are included in this course. Practical examples of sourcing excellence are included in learning outcomes of this course.

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