About this Course

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Learner Career Outcomes

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started a new career after completing these courses

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14%

got a pay increase or promotion
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 19 hours to complete
English
Subtitles: English

Skills you will gain

Quality ControlOperations ManagementSupply ChainInventory

Learner Career Outcomes

14%

started a new career after completing these courses

11%

got a tangible career benefit from this course

14%

got a pay increase or promotion
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 19 hours to complete
English
Subtitles: English

Offered by

University of Illinois at Urbana-Champaign logo

University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

Syllabus - What you will learn from this course

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Week
1

Week 1

5 hours to complete

Module 1: Course Orientation & Process Analysis

5 hours to complete
7 videos (Total 80 min), 7 readings, 2 quizzes
7 videos
Meet Professor Udatta Palekar5m
Lesson 1-1.1 Process View of Operations (Part 1)15m
Lesson 1-1.2 Process View of Operations (Part 2)15m
Lesson 1-2 Process Flow Analysis13m
Lesson 1-3 Capacity and Utilization17m
Lesson 1-4 Little’s Law7m
7 readings
Syllabus20m
Glossary10m
Brand Descriptions10m
About the Discussion Forums10m
Update Your Profile10m
Module 1 Overview20m
Module 1 Readings1h
2 practice exercises
Orientation Quiz30m
Module 1 Graded Quiz30m
Week
2

Week 2

3 hours to complete

Module 2: Inventory management

3 hours to complete
7 videos (Total 79 min), 2 readings, 1 quiz
7 videos
Lesson 2-2.1 Economic Order Quantity (Part 1)7m
Lesson 2-2.2 Economic Order Quantity (Part 2)10m
Lesson 2-3.1 Re-Order Point (Part 1)12m
Lesson 2-3.2 Re-Order Point (Part 2)11m
Lesson 2-3.3 Re-Order Point (Part 3)14m
Normal Distribution (Supplement)10m
2 readings
Module 2 Overview10m
Module 2 Readings1h
1 practice exercise
Module 2 Graded Quiz30m
Week
3

Week 3

5 hours to complete

Module 3: Supply Chain

5 hours to complete
6 videos (Total 125 min), 2 readings, 2 quizzes
6 videos
Lesson 3-1.2 What is a Supply Chain? (Part 2)24m
Lesson 3-2.1 Sourcing Decisions (Part 1)13m
Lesson 3-2.2 Sourcing Decisions (Part 2)20m
Lesson 3-3 Bullwhip Effect21m
Interview for Peer Review Assignment28m
2 readings
Module 3 Overview10m
Module 3 Readings1h 30m
1 practice exercise
Module 3 Graded Quiz30m
Week
4

Week 4

6 hours to complete

Module 4: Continuous improvement

6 hours to complete
14 videos (Total 202 min), 3 readings, 1 quiz
14 videos
Lesson 4-2.1 Lean Management (Part 1)19m
Lesson 4-2.2 Lean Management (Part 2)17m
Lesson 4-3.1 Six-Sigma Methodology (Part 1)14m
Lesson 4-3.2 Six-Sigma Methodology (Part 2)6m
Lesson 4-3.3 Six-Sigma Methodology (Part 3)18m
Lesson 4-3.4 Six-Sigma Methodology (Part 4)13m
Value Stream Maps (Part 1)25m
Value Stream Maps (Part 2)6m
Value Stream Maps (Part 3)15m
Value Stream Maps (Part 4)15m
Value Stream Maps (Part 5)15m
Value Stream Maps (Part 6)14m
Gies Online Programs3m
3 readings
Module 4 Overview10m
Module 4 Readings2h
Congratulations!10m
1 practice exercise
Module 4 Graded Quiz30m

Reviews

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About the Value Chain Management Specialization

The purpose of organizations is to produce and deliver goods and services of value to customers while generating a surplus for owners. Value chain management focuses on understanding what different customers value, measuring inputs and outputs to assess value, and generating higher value for customers and greater surplus for organizations. In this Specialization, you will gain competencies that are critical for managers in any functional area. You will learn to create, model, analyze, and maximize value in accounting, operations, and marketing. This Specialization is part of the University of Illinois iMBA Program. Each course fulfills a portion of the requirements for a University of Illinois course that can earn you college credit. When you complete the Value Chain Management Specialization, you will: · Understand how to apply a financial perspective of accounting for costs, understand how financial and non-financial accounting information facilitates strategic performance measurement, and integrate this information to continuously improve strategy. · Understand the role of operations management and process improvement, synthesize information to make decisions for organizational initiatives, and apply analytical techniques for tactical operations and process improvement decisions. · Understand how marketing works in the business world and how various marketing elements interact to create value for consumers and ultimately maximize value for your organization....
Value Chain Management

Frequently Asked Questions

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