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MGS521 - Business Ethics and Values
This course encourages students to consider ethics in two ways. The first challenge is to understand ethics on a personal level. Students will consider their own values, dilemmas, the quality of their relationships, and the meaning of the choices made. Students will then examine business ethics and the highly complex ethical challenges which businesses and individual employees face. Students will consider how they, as an employee, might balance personal and corporate values. Case studies will illustrate how business success is often heavily impacted by the moral consequences of decisions and choices. Ethical issues related to sustainability are also evaluated.
OPM500 - Supply Chain Management
This subject is an introduction to the study of Supply Chain Management which encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities. It spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Logistics refers to the procurement, transportation, production planning, inventory management, materials handling, warehousing and distribution functions associated with the movement, production and storage of goods. The logistics area encompasses a number of rapidly changing functional areas. The application of communication and information technologies has altered the basic goals with respect to the movement of goods. The emphasis has switched from the efficient transportation of goods to the planning of the entire goods handling cycle, so that the least handling, storage and movement occurs. Today's business firms recognize the important role that logistics play in determining profitability and survival.
OPM600 - Purchasing and Materials Management
OPM 600 introduces the student to Purchasing and Supply Management. In general usage the term purchasing describes the process of buying: learning of a need, locating and selecting a supplier, negotiating a price and other pertinent terms, and following up to ensure delivery. Materials Management refers to an organizational structure where there is a single manager responsible for the planning, organizing, motivating, and controlling of all those activities principally concerned with the flow of materials into an organization.
OPM610 - Production Scheduling and Inventory Management
This course introduces the student to Inventory Management, Production Planning Techniques and Lean Production Principles. Basic statistical tools that enable effective decision making in production and supply chain situations are also examined. A major challenge today in industry is the effective management of inventory. While inventory is necessary for most firms, maintaining the optimum type and quantity is a constant dilemma. Students will learn how to effectively manage inventory in order to optimize operational performance.