Operations Management Graduate MBA Course Lectures - Lecture 15 Supply Chain Management

Operations Management Chapter 15: Supply Chain Management This lecture explores: Trends in Supply Chain Management Global Supply Chains ERP and Supply Chain Management Ethics and the Supply Chain Small Businesses Management Responsibilities Procurement E-Business Supplier Management Inventory Management Order Fulfillment Logistics Creating An Effective Supply Chain This lecture is ideal for MBA students, business majors, and professionals seeking a clear, structured introduction to how operations support organizational strategy and leadership. 📚 Whether you’re preparing for an exam, teaching a course, or strengthening your leadership toolkit, this session provides a practical and conceptual foundation for managing operations in today’s complex environment. The textbook for this course is Operations Management by William J. Stevenson: https://amzn.to/4ruYWF5 https://amzn.to/3ZNxFkR https://amzn.to/3MJ5KiZ https://amzn.to/4at9s9J As an Amazon Associate, I earn from qualifying purchases. If you found this helpful, please like, subscribe, and share with others studying business and leadership. 0:00 Introduction 0:06 Supply Chain & Logistics 0:38 Typical Supply Chains 2:34 Functions and Activities 3:02 Supply Chain Management 3:20 SCM Managers 4:22 Flow Management 5:11 Trends in SCM 6:20 Benefits & Risks of Outsourcing 10:46 Supply Chain Risks 11:58 Risk Management 13:27 Global Supply Chains 14:41 SCM Ethical Issues 18:11 Small Business Concerns 21:13 Management Responsibility 23:26 Tactical and Operational 24:05 Procurement 24:29 Purchasing Interfaces 25:03 Duties of purchasing 25:30 The Purchasing Cycle 25:49 Supplier Management 26:21 Vendor Analysis, Supplier Audits, and Supplier Certification 29:47 Contrasting Supplier Relationships 32:19 Movement within a Facility 33:14 Incoming and outgoing Shipments 36:27 Managing Returns 38:04 Creating an Effective Supply Chain 38:46 Challenges 39:26 Trade-Offs 43:04 Summary