Supply Chain Foundations: Transportation and Global Supply Chain Management
— Offered by the Sam M. Walton College of Business —
Course 4 of 4 in the Supply Chain Foundations Series
In Global Supply Chain Management, you will explore the role of transportation in domestic and global trade and the ways changing consumer trends are likely to affect the future domestic transportation infrastructure. You’ll learn about the different transportation modes—and their relative strengths and tradeoffs—both domestically and internationally.
Because transportation is a huge component of supply chain management, you’ll learn about concepts such as the elasticity of transportation demand and the impactful issues around today’s transportation safety. We’ll compare single and intermodal transportation schemes and how supply chain managers make use of freight brokers and forwarders. You’ll learn about the role of transportation in global trade and the challenges of doing business in foreign countries—currencies, languages, legal systems, and business practices are but a few of the issues facing importers and exporters. You will hear how calculating annual average in-transit carrying costs, annual transit costs, and understanding transit rates enable supply chain managers to compare two or more carriers or modes of transportation. You will review tools such as Transportation Management Systems, and strategies such as Postponement, which enhance efficiencies in supply chains, and discuss the importance of adaptability and agility when working with global partners. Finally, you’ll take a look at indispensable supply chain planning and execution technologies such as Warehouse Management Systems, Materials Requirements Planning, and Distribution Requirements Planning systems.
- Introduction to Transportation
- Domestic Freight Transportation
- International Freight Transportation
- Impact of In-transit Inventory on Total Cost
- Impact of Transit Rates on Total Cost
- Why Global Business
- Global Supply Chain Management
- Global Supply Chain Management Trends
- Transportation Management System
- Warehouse Management System
- Materials Requirements Planning
- Distribution Requirements Planning
Online / On-Demand
Certificate of Completion
Learners who complete this course and desire documentation can download a Certificate of Completion for three professional development hours at the end of this course.
Video: Supply Chain Foundations
( video length - 1:23 )
Certificate in Supply Chain Management Studies
Learners who complete the entire Supply Chain Foundations Series of four courses are entitled to the Certificate in Supply Chain Management Studies (not academic credit) issued by the University of Arkansas. You will receive instructions on how to apply for this non-credit certification upon completion of all four courses.
What to Expect
- All four courses are all approximately the same length, with around 11-12 lessons each.
- The four courses can be taken in any order, but since the courses increase in complexity, it is recommended you take the courses in sequence for maximum comprehension.
- Modules within each course are in sequence, meaning you must finish the first module before starting the second.
- Learn content through videos, selected readings, practice exercises with feedback, and interactive self-assessments.
After completing this series, you will be able to do the following:
- Discuss the components of supply chain and logistics, use analytical metrics, and implement high-level strategies to maximize your company’s competitive stance.
- Recognize intersecting interests among supply chain management, logistics management, and the functional areas of your business (e.g. Accounting, Finance, Management, Marketing).
- Optimize your supply chain and logistics design.
- Use prescriptive analytics for strategic inventory and distribution management, forecasting, and decision making.