Supply Chain Management
By taking a “supply chain” rather than “firm” perspective, the SCM concentration enables future managers to consider the consequences of decision making all the way between raw material extraction, production, wholesaling, retailing and final consumption. Companies like Apple, Procter & Gamble, Amazon, Novo Nordisk, Lego, and Maersk have built their business models on this notion. Leading companies have increasingly focused on their core activities and outsourced non-core activities to contract manufacturers or other types of suppliers. They have become experts, internally by tearing down the functional silos that separated finance, procurement, production, marketing, logistics and sales, and externally by orchestrating end-to-end value creation. This is what supply chain management is about.
Designing supply chains and building networks
Typical strategic decisions that are covered in this concentration link to long-term decisions regarding the structure and configuration of the supply chain with day-to-day operations. This includes decision regarding resource allocation and process design as well as functional decision making in procurement (e.g. outsourcing vs. in-house), logistics (e.g. capacities of warehouses), production (e.g. locations of plants) or IT (e.g. choice of information systems) and how to coordinate these decisions. Students will also learn how to find the right “fit” between an organization’s competitive strategy, its domestic and international operations (e.g. tradeoff between quality, speed, flexibility, dependability, innovation, and cost efficiency), and the supply chain strategy (e.g. efficiency, responsiveness, sustainability, and resilience) and how this leads to an implementation in business practice. Furthermore, students will learn about the importance of building collaborative relationships internally in the own organization and externally by coordinating decisions with other players in the supply chain. This ensures that value creation is coordinated across the end-to-end network an organization is embedded in. Ultimately, students are enabled to drive and maintain the brand, value and ultimately the overall profitability and success of an organization.
Techniques for decision making
You will acquire up-to-date techniques and skills that go into the successful planning and control of global value creation. The SCM concentration has a mix of quantitative and qualitative approaches for problem solving. This will provide detailed knowledge about the processes behind the flow of goods, materials, information or finances, from the moment a customer order triggers the chain of suppliers and until the product reaches the end users. Your knowledge of concepts, theories and models enables you to analyze data and evaluate the effect of changes in a given supply chain. Combining the knowledge and skills you build up, allows you to effectively integrate finance, procurement, production, marketing, logistics and sales within and between organizations. The ability to match demand and supply and to have the right product at the right time in the right place is central to the concentration, and essential for the profitability of an organization. You will attain problem solving skills to manage a wide range of supply chain issues such as data driven operations in business analytics, decisions and models for supply chain configuration, social skills, international operations, and performance management in supply chains and networks.
Supply Chain Management is a two-year master’s program that is divided into 4 semesters. The autumn semester runs from September through November with exams in December and January; and the spring semester from February through April with exams in May and June.
In the first year you are required to take 7 mandatory courses and a business project. In the second year, there will be elective courses and a master’s thesis.
Every year, CBS offers SCM relevant electives, progression courses, and minors which can be added in the third semester of your degree.
In the second year you have the option to apply for the CEMS programme.
|1. Semester||2. Semester||3. Semester||4. Semester|
|Supply Chain Operations and Strategy (7,5 ECTS)||Managing Global Supply Chain Operations (7,5 ECTS)||
Electives or Exchange or CEMS
|Master Thesis (30 ECTS)|
|Supply Chain Configuration - Decisions and Models (7,5 ECTS)||Managing Relationships (7,5 ECTS)|
|Performance Management in Operations (7,5 ECTS)||Business Analytics - Data Driven Operations (7,5 ECTS)|
|International Macro and Financial Markets (7,5 ECTS)||Supply Chain Business Project (7,5 ECTS)|
You can find course descriptions in the programme regulations for Supply Chain Management.