The supply chain is at the core of your company’s logistical health. With this in mind, it’s important to understand the varying ways that companies modify their supply chain management to adapt to customer demands. From 2018-2019, 25% more retailers and manufacturers were investing in better warehouse management. With research showing that 79% of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. From customer shipping to inventory management, each stage of the supply chain is a critical factor that plays into the overall management of a company’s logistics.
This is why companies are always looking for way to improve their supply chain management.
This course approaches management of transportation and logistics from a perspective that will enable (the new) you to explore marketing principles and practices, fundamental of corporate finance, and internet technologies for business. In marketing, the most relevant areas of marketing consisting of product, price, place, and promotion. For a marketing strategy to be effective, the four components must be used correctly. Additionally marketing is a broad process that includes research, product design and development, promotion and customer service. In corporate finance, this is an area of finance that deals with sources of funding, the capital structure of corporation, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources; the goal of corporate finance is to maximize or increase shareholder value. Finally, in Internet Technologies for business, online technologies provide opportunities to manage businesses more cost effectively and solve business problems more efficiently. You will be understand how to conduct commerce, provide content, create communities, work collaboratively, train employees, and manage workers remotely- all online.