Operations and Supply Chain Management (For MBA Students)
Operations and Supply Chain Management (For MBA Students)
Operations and Supply Chain Management (OSCM) is an area of business that focuses on the production and distribution of goods and services.
It involves analyzing and optimizing the flow of materials and activities necessary for producing and delivering products and services.
OSCM encompasses the design, planning, execution, control, and monitoring of supply chain activities with the goal of creating a competitive advantage.
MBA students studying OSCM gain an understanding of the factors that influence the costs and effectiveness of the supply chain, such as inventory management, supplier relationships, logistics, and customer demand.
For example, OSCM students learn how to maximize the efficiency of the supply chain by minimizing production costs, reducing lead times, and increasing customer satisfaction.
Additionally, MBA students studying OSCM develop skills to help companies increase their competitive advantage by implementing new technologies to improve efficiency and reduce costs.
OSCM MBA students also learn how to develop strategies to manage risk and address global supply chain issues.
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