Supply Chain Management and Engineering for Financial Results
From Penn State Executive Programs in partnership with the Southern Maryland Higher Education Center (SMHEC)
Supply chains are complex interactions of materials, products, processes, and information that need to be synchronized across time and geography. Penn State Executive Programs is pleased to be partnering with Southern Maryland Higher Education Center in the delivery of top-ranked supply chain education for expert management of these diverse pieces on a regional or global scale. Candidates may earn a Certificate in Supply Chain Management by completing three programs.
Program Objectives
Processes and Tools for Supply Chain Success
What are effective methods for Planning, Sourcing, Make, Deliver, and Return? Using the SCOR (Supply-Chain Operations Reference) Model as the thread, participants learn tools and techniques to define, analyze, and implement improvements for each major function with the supply chain. Topics include:
- Supply chain management and SCOR Model
- Planning processes for success
- Strategic Global Sourcing & Landed Cost models
- Warehousing and distribution concepts
- Transportation and carrier performance
- Closed-loop supply chains
Program Benefits
- Plan supply chains on a global scale
- Better measurement and management of profits and costs
- Better management of the physical flow of products
- Improve the quality and dependability of products and services
- Increase the speed of delivery and reduce waste
- Achieve rapid improvements in operational efficiency and effectiveness
Dates: TBD
8 a.m. to 4 p.m.
$2,500 (including materials)
Note: Participants earn a Certificate of Completion for this course and three CEUs.*
Essentials of Supply Chain Management
This program offers all the foundational understanding to managing effective supply chains. Participants learn common terminology, inventory methodologies, distribution concepts, and service performance. Topics include:
- Concepts of pooling, postponement, and other inventory deployment strategies
- Customer service management
- Industry case study on trading partner collaboration
- Team-based simulation for applied learning
Program Benefits
- Integrate all functions along the chain through shared objectives
- Develop common performance matrices
- Improve customer satisfaction through shorter delivery times, maximizing capital turnover
- Use information technology to enhance performance
- Work effectively with alliances and partnerships in the extended supply chain
Dates: TBD
8 a.m. to 4 p.m.
$2,500 (including materials)
Note: Participants earn a Certificate of Completion for this course and three CEUs.*
Achieving Supply Chain Transformation
This program shows how the best-in-class companies adapt their supply chains to the changing environment to improve their competitive position. Participants gain an in-depth understanding of the critical elements of adaptive supply chain management through a business model called “pico tm” and a step-by-step methodology of strategies and capabilities for supply chain innovation and transformation. Topics include:
- Change management and implications for supply chain strategy
- Leadership for transformation
- Dimensions of high-performing operating models
- Case studies in transformation
Program Benefits
- Understand the critical elements of successful supply chains
- Identify supply chain capabilities for transformation
- Overcome barriers to implementing change for creating a more productive organizational culture.
- Acquire practical techniques and tools for leading and transforming business processes that bolster adaptability and viability during market uncertainty
- Connect the supply chain to the board room through an increased ability to communicate supply chain strategy in financial metrics.
Dates: TBD
8 a.m. to 4 p.m.
$2,500 (including materials)
Note: Participants earn a Certificate of Completion and three CEUs for this course. Participants also earn a Certificate in Supply Chain Management for all three courses.*
SUPPLEMENTAL COURSE: Supply Chain Engineering for Financial Performance
This capstone program improves overall strategic leadership of supply chain, engineering, and procurement decisions. Participants learn how their decisions impact overall financial performance on the organization. They will take away a better understanding of key financial concepts and how to apply them in evaluating decisions and assessing program risk as well as analyzing competitors and suppliers. Faculty will provide a “toolbox” of key ratios to gauge performance and overall results. Supply chain efficiencies and inefficiencies will be discussed with an emphasis on impact to cash flow and program performance.
Topics include:
- Finance for non-financial managers
- Macroeconomic factors
- Supply chain finance
- Supply chain case studies
Dates: TBD
Times: Tuesday, 8:00-5:00 p.m. & Wednesday 8:00-Noon p.m.
Tuition: $1,250 (incl. materials)
Note: Participants earn a Certificate of Completion for this course.
Fees
Who Should Attend?
Military and civilian leaders involved in program management, supply chain, engineering, and procurement functions, and those who are new to supply chain processes and searching for best practices in their area of responsibility will benefit from attending.
The Learning Environment
Southern Maryland Higher Education Center
The Southern Maryland Higher Education Center was established by State Legislation in 1994 as the region’s magnet for on-site graduate and bachelor’s completion degree programs, with 35 high tech classrooms. Today SMHEC hosts 14 distinguished universities offering more than 90 academic programs in their entirety. Since 1995 over 29,000 class enrollments have been recorded and over 1,300 participants have been awarded graduate degrees: Bachelors, Masters, Ph.Ds. Please learn more at www.smhec.org
Program Content
Please contact one of our Learning Solutions Specialists to learn more about any of these offerings or to discuss the complete range of supply chain education possibilities for you and your organization.
Faculty Leaders
All programs are presented by experienced, award-winning faculty from Penn State as well as supply chain professionals from top organizations.
Faculty Directors
Essentials of Supply Chain Management:
Michael K. Gray, Affiliate, Oliver Wight
Processes and Tools for Supply Chain Success:
Dr. John Langley, Clinical Professor of Supply Chain Management, and Director of Development for the Center for Supply Chain Research
Achieving Supply Chain Transformation:
Dave Demers, Managing Director, Avicon Learning Resources; and Adjunct Professor, The Smeal College of Business, Penn State
Faculty Leaders
Dr. Christopher Craighead, Assistant Professor of Supply Chain Management, The Smeal College of Business, Penn State
Jason Frei, Merger and Acquisition Integration Manager, The Boeing Company
Jeffrey Manning, Senior Logistician, Claxton Logistics Services
John Metzger, Principal, Supply Chain & Technology Transformation
Dr. Robert A. Novak, Associate Professor of Supply Chain Management
William G. Pagonis,Vice Chairman, GENCO Supply Chain Solutions
Matt Schlosser, Director, Global Operations Strategy, The Hershey Company
Scott Stephens, CEO, Business Forerunners, Inc.
Paul Strzelec, President & CEO, Digital Tempus, Inc.
