Supply chain cost control for reducing the end product cost

Learn how to improve your product costing through better Supply chain design, Agility and Sustainability in operations
Supply chain cost control for reducing the end product cost
File Size :
92.39 MB
Total length :
0h 53m

Category

Instructor

Gopalakrishnan Veilumuthusamy

Language

Last update

3/2023

Ratings

4.4/5

Supply chain cost control for reducing the end product cost

What you’ll learn

Product Costing
Supply chain cost elements
Case study from Coca Cola
New definition of Sustainability after covid-19
A case study from a cookie manufacturer on how process improvement can lead to supply chain cost reduction

Supply chain cost control for reducing the end product cost

Requirements

Basic understanding of business operations
Manufacturing background is an added advantage

Description

In a recent interview with CNBC, Apple CEO Tim Cook said that supply chain shortages cost Apple around $6 billion in the quarter Q4 – 2021. In the interview, Cook explained that Apple faced “larger than expected supply constraints” during the quarter. He said: “We had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion,” Cook told CNBC’s Josh Lipton. “The supply constraints were driven by the industry wide chip shortages that have been talked about a lot, and COVID-related manufacturing disruptions in Southeast Asia.”Cook said that the supply issues were with chips were on “legacy nodes,” or older chips, instead of the technologically advanced processors at the heart of Apple’s devices. Not just Apple, many companies face similar situations in their supply chain. This course will help in understanding the supply chain cost elements and explains how companies can respond to such cost increases. The course covers the following topics:1. Understand what Product costing means2. Learn how CEOs of various companies responded to the cash crunch during the pandemic3. Understand the Supply chain cost impact on the product cost4. See how Coca-Cola got affected during the pandemic (case study)5. What are the trends of Supply chain cost control in this post covid-19 world6. Cost impact of supply chain decisions7. Adding agility to the operations8. Changing definitions of sustainability and way forward

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Definition of Product cost and Supply chain cost

Section 2: Lessons from Covid-19

Lecture 3 Impact of Covid-19 on Operations cost

Section 3: How did CEOs of various companies respond to the cash crunch due to the pandemic

Lecture 4 Various ways CEO’s followed to reduce the supply chain costs during disruption

Section 4: Supply chain network design for reducing the cost

Lecture 5 SCM trends of post covid-19 world

Section 5: Cost impact of Supply chain decisions

Lecture 6 S&OP in Manufacturing companies

Lecture 7 Product Cost impacts due to SCM decisions

Lecture 8 Case Study from Fashion Industry

Lecture 9 The coca cola case study

Section 6: Introducing Agility for cost advantage

Lecture 10 Four ways to add agility for better cost control in product costing

Section 7: Changing definitions of Sustainability and way forward

Lecture 11 What does sustainability look like in a post covid-19 world

Lecture 12 Way forward for business continuity

Section 8: Bonus Case study from a Cookie Manufacturing Industry

Lecture 13 A cookie manufacturing case study

Cost Managers,Supply chain team members,Accounts and Finance team,Product pricing team members,Chartered Accountants and students,Production or Factory managers

Course Information:

Udemy | English | 0h 53m | 92.39 MB
Created by: Gopalakrishnan Veilumuthusamy

You Can See More Courses in the Business >> Greetings from CourseDown.com

New Courses

Scroll to Top