Global Commercial Strategy in Supply Chain Course Overview

Minimum Required Prerequisites for Global Commercial Strategy in Supply Chain Course [L6M2]

To ensure you have the foundational knowledge and skills necessary for the successful completion of the Global Commercial Strategy in Supply Chain course, we recommend the following prerequisites:

• CIPS Level 4 Diploma: Completion of the CIPS Level 4 Diploma in Procurement and Supply is essential to grasp advanced concepts effectively.
• Basic Understanding of Strategic Procurement: Familiarity with the terminology and basic principles of strategic versus operational management.
• Awareness of Global Supply Chain Dynamics: Prior exposure to the challenges and methods for managing global supply chains.
• Regulatory Insights: Basic knowledge of the regulatory environment affecting global supply chains, including import/export controls and industry regulations.
• Financial Acumen: Understanding of fundamental financial principles related to procurement and supply, such as cost management and funding strategies.

By meeting these prerequisites, you will be well-prepared to engage with the course material and excel in your studies.

Target Audience for Global Commercial Strategy in Supply Chain

Introduction: The Global Commercial Strategy in Supply Chain course is designed for professionals working towards MCIPS Chartered Procurement and Supply Professional, particularly those completing the CIPS Level 5 Advanced Diploma in Procurement and Supply.

Target Audience:

• Procurement and Supply Chain Managers
• Supply Chain Analysts
• Procurement Specialists
• Supply Chain Consultants
• Strategic Sourcing Managers
• Operations Managers
• Logistics Managers
• Category Managers
• Purchasing Managers
• Business Analysts specializing in supply chain and procurement
• Senior Supply Chain Executives
• Procurement Officers
• Supply Chain Coordinators
• Inventory Managers
• Supply Chain Strategy Advisors

Learning Objectives - What you will Learn in this Global Commercial Strategy in Supply Chain?

Introduction

The Global Commercial Strategy in Supply Chain course is designed to equip students with an in-depth understanding of strategic decision-making, tools and techniques for managing global supply chains, strategy formulation and implementation, and financial aspects affecting procurement and supply.

Learning Objectives and Outcomes

• Evaluate Characteristics of Global Strategic Decisions in Organisations

  • Understand the characteristics of strategic decisions
  • Differentiate between strategic and operational management
  • Assess strategic positions, choices, and actions

• Apply Tools and Techniques to Address Global Supply Chain Challenges

  • Use STEEPLED analysis for global supply chains
  • Employ benchmarking and performance metrics
  • Understand competitive forces and industry/product life cycles

• Evaluate Regulatory Influences on the Global Supply Chain

  • Understand import/export licensing and controls
  • Evaluate industry and international regulatory impacts
  • Assess regulations on employment, including discrimination, wages, and modern slavery

• Formulate and Implement Corporate and Business Strategies

  • Analyze strategic directions and diversification methods
  • Evaluate global, regional, and local strategic choices
  • Assess strategy evaluation methods: suitability, acceptability, and feasibility

• Analyze the Relationship Between Strategy and Organisational Structures

  • Understand different organisational structures: simple, functional,