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Operations and Value Chain Management

This subject is available as a postgraduate-level MBA subject offered by the International College of Management, Sydney (ICMS). Please click the button below to find a postgraduate course suitable for you.

 

Subject Code:

Standard Course Code: MGT804
MBA Course Code: MGT804A

Subject Type:

Core 

Subject Level:

800 

Credit Points:

4 credit points

Subject Rationale:

Global pandemics and the ongoing political unrest create significant challenges for the management of the flow of work activities that add value at each stage of the supply chain. Value chain management is the process of organising the connected group of activities that create value by producing goods or services from the raw material stage to purchase by consumers. The underlying rationale for an integrated value chain management approach is to increase the opportunity for cost savings, better customer service, and competitive advantage for all companies in the supply chain. Therefore, value chain management is increasingly important to government, stakeholders and companies in competitive markets across a variety of sectors. A key outcome of value chain management is the integration of communication and increased cooperation between demand and supply chain members.

The aim of this subject is to develop an advanced knowledge of the role of value chain management in contemporary business practice. It aims to clarify the interrelated concepts of supply chain and value chain management and provide an understanding of the value chain stakeholder network. The subject also focusses on enhancing performance measurement skills that underpin analysis of the different elements of the value chain network as well as creating and maintaining value, reducing costs, and ensuring effectiveness and efficiency to create a competitive advantage.

Learning Outcomes:

a) Critically evaluate the integrated nature of business strategy, value chain operations and the global business environment.

b) Synthesise a range of measurement techniques to analyse strategic value chain management challenges.

c) Examine and apply complex value chain management concepts to develop sustainable solutions to contemporary business problems across borders and cultures.

d) Communicate evidence-based arguments that reflect an advanced competence in supply chain management trends.

e) Assess the risks associated with uncertainties in the global settings faced by modern value chains.

Student Assessment: