The course was really helpful to me. As a beginner and totally unaware of the SCM this helped me with all the basics. Way more to learn but the foundation is concrete.
Through this online course, I have learned and understood the different types of flow in the supply chain in a very fun manner.Supply chain leaders manage products, information, and finances to create an efficient, effective supply chain.I have gained a thorough understanding of the three distinct flows that create supply chain excellence in any company.This course is designed by Professor Rudolf Leuschnerfrom the Department of Supply Chain Management at Rutgers University.Key takeaway:There are three main flows of supply chain management: the product flow, the information flow, and the finances flow.Product Flow: The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.The Information Flow: The information flow centers on transmitting orders and updating the status of delivery.The Financial Flow: The financial flow involves credit terms, payment schedules, and consignment and title ownership arrangements.
