This course provides an overview of the set of activities related to the flow of information, goods, and services, from raw material thorough production to the end-use customer. Emphasis will be placed on the application of business strategies that minimize waste, including “green supply chain” principles. We will also analyze and contrast traditional “voice of the customer” reasoning versus an emerging way of thinking about supply chains that focuses on the “voice of the environment”. Although the supply chain principles covered in the course apply to many industries, the focus of the applications will be in the area of applied life sciences, including bioprocessing, pharmaceuticals, and medical device manufacturing. This focus will be accomplished using industry-specific case studies and journal articles. Specific topics include: cold chain management and supply chain security; make versus buy and vertical integration, closed-loop supply networks (including “green” value streams); the impact of technology on outsourcing practices; inventory management models; inventory turn rate and velocity; reverse logistics.(ALS 443)
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