Global Value Chain Management

Course Description

This course describes value chain activities between buyers and sellers in international business, with particular emphasis on global sourcing, procurement of materials and services, and on business-to-business cultural differences between countries. Upon completion of this course, students will be able to manage their company's value chain internationally through purchasing agreements and partnerships with foreign suppliers, company-owned foreign operations, and outsourced activities. They will also understand how goods are transported between countries using various transportation modes, the choices between available international financial transactions, the major issues raised by the international localization of operations, and legal and regulatory issues such as, customs and duties regulations that facilitate global commerce.

Topics and Objectives

Overview of Global Value Chain Management

  • Differentiate between value chain and supply chain management.
  • Describe the components of a global value chain.
  • Describe global value chain models.
  • Describe global supply chain models.
  • Examine the benefits of global value chain management.

Global Value Chain Challenges

  • Evaluate challenges of global value chain management.
  • Describe legal and ethical issues in global value chain management.
  • Examine logistics in the global value chain.
  • Examine financial issues in the global value chain.

Global Value Chain Strategies

  • Evaluate techniques to forecast customer requirements.
  • Describe inventory models that will add value to the global supply chain.
  • Determine appropriate hedging strategies for supply and demand in a global value chain.
  • Relate an organization's sourcing, manufacturing, and distribution strategies to its global value chain strategy.

Global Value Chain Technology

  • Assess the impact of the Internet on the global value chain.
  • Identify information technology systems common in global value chain management.
  • Assess the impact of information technology on the global value chain.

Future of Global Value Chain Management

  • Identify contemporary issues and trends in global value chain management.

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