Program Experience

Highlights and Key Outcomes

By attending Designing and Managing Supply Chains for the Future, you will:

  • Assess your existing supply chain from end-to-end and identify potential gaps and vulnerabilities that must be addressed to withstand future shocks
  • Understand the complexities of managing multilayered global supply chains reliant on disparate local networks
  • Discover how to align your supply chain with your company’s overall strategy for long-term viability and future sustainability
  • Engage in strategic risk planning via supply chain mapping, strategic sourcing, and supplier diversification that can strengthen your company’s competitive advantage
  • Appreciate the power of emerging technologies in the realm of AI, blockchain, and data analytics to generate greater sales forecasting power, create more nimble product design, and provide more accurate business insights that can better inform overall supply chain strategy

Experience and Impact

In the last decade supply chain management has captivated the interest and attention of top executives of global companies and is now considered to be one of the key concepts for competitiveness for companies in the age of globalization. Mastering supply chain management can enable companies to increase market shares, reduce costs, improve customer service, and increase market values through improvements in return to assets. To compete successfully in today's market place, companies need to manage effectively numerous activities from design to forecasting to manufacturing and distribution of their products or services to their customers.

Timely and relevant, Designing and Managing Supply Chains for the Future provides a comprehensive approach on how to build, position, and execute a secure, profitable supply chain for these challenging economic times.

Supply chain management deals with the management of materials, information and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers. The coordination and integration of these flows within and across companies are critical in effective supply chain management. This coordination is particularly challenging since it depends on the individual (and many times conflicting) interests of the supply chain members.

In this program, we take an expansive look at all the components of a supply chain — the flow of product, the flow of money, and the flow of information. By attending this program, you will align your supply chain strategy with your business structure, including financial and marketing strategies, and learn how to help your firm become more proactively aware, agile, and strategic when dealing with your supplier network. Furthermore, this program will provoke a series of surprising questions you may have never contemplated before as you learn how to manage both short- and long-term risk.

For example, should your firm provide a line of credit or short-term cash flow to suppliers who could go bankrupt without an interim financial lifeline? Could your company redesign an existing product in anticipation of labor shortages, increased manufacturing restrictions, expanded government regulation, or future difficulties in securing the right parts or raw materials? How soon could you build resiliency and agility into your supplier network so that you could quickly move manufacturing or logistical capacity to meet fluctuating demand and mitigate future supply shocks?

To explore some of the key issues, we will use the Maturity Model, a structured framework created by the Supply Chain Risk Leadership Council, which can help you view your firm’s current business operations from multiple perspectives. Doing this assessment will bring to the surface challenges and obstacles, and identify areas that need improvement or present opportunities for growth. You will also do scenario planning to account for numerous complexities and transitions such as moving your supply chain to a different country or locale.

Also, you will discover the potential value of the customer data your company may already be collecting, and understand how to deploy cutting-edge analytics, AI, and blockchain technology to further enhance and strengthen your supply chain.

Session topics include:

  • Building Your Network
  • Supply Chain Strategy
  • Supply Chain Finance
  • Managing Supply Chain Risk
  • Network Design and Operational Hedging
  • Supply Chain Analytics
  • Pulse of the Marketplace Networking
  • Strategic Sourcing: Mapping Your Value Chain
  • The Dynamics of Global Networks
  • Digitizing Supply Chains through Advanced AI and Analytics

The main objective of these sessions is to introduce participants to key concepts, best practices, innovative ideas, practical thinking and critical thinking of integrative demand and supply chain management. Students will learn major concepts and frameworks available for supply chain management and will develop the ability to evaluate supply chain performance and formulate a supply chain strategy taking into account changes in the market as well as the competitive environment.

The Supply Chain Simulation

A highlight of this weeklong virtual program will be a highly engaging and interactive business simulation. Individuals will meet virtually in small groups and work through real-world business scenarios to determine how to allocate production between multiple countries. Teams will showcase their work as faculty guides the simulation to reveal the most effective strategies and resulting best practices.

Through this simulation, as well as several case studies, the faculty will help you develop a model of analyzing and building current and future supply chains with frameworks that are immediately applicable to your own firm’s current and future situation. By the end of this program, you’ll be armed with the tools, techniques, and scenario planning you need to sustain your business through any eventuality.

Wharton LIVE Programming

Real-time, synchronous peer learning

The live, virtual program Designing and Managing Supply Chains for the Future will be delivered online daily for five days. It will be taught by the same Wharton faculty who teach in our on-campus classes. This program offers, and requires, a high level of participant engagement through class discussion, case studies, and an interactive business simulation.

Participants will have direct access to Wharton faculty throughout the program, and engage in dynamic group work that helps reinforce the learning and enable networking among the peer community.

With this unique, up-to-the-minute program, which spans both broad strategy and detailed execution, you will be vastly better equipped to face the challenges to your supply chain today and into the future.

Program Duration:

  • August 3 – 7, 2020
    Monday – Friday / 9 a.m. to 1:45 p.m. EDT

Download Full Program Schedule

Building Your Network
In addition to the group case work and simulation, this program will also include opportunities for you to get to know the other participants and build your professional network. These sessions include:

Wharton After Hours Discussion Board

Wharton faculty will weigh in on a participant led online discussion board that moves beyond the day’s content into global current events. Think of it as faculty office hours but online.

Faculty Q&A Forum

In small groups, we plan to discuss the issues that are top of mind to you — issues that may or may not be covered directly in the course material. Faculty will spend time with each of the groups to share insights, while also providing a chance to deepen connections and enhance the learning experience across the cohort.

Who Should Attend

This program is for mid-level managers to senior-level executives on both the supply side and demand side of the supply chain. Included are individuals who run a supply chain for their organization either domestically or globally, or for whom the supply chain is part of their reporting structure.

Participants could be from any industry, but professionals working in retail, manufacturing, logistics, or any business that provides finished parts and components or raw materials to other manufacturers will benefit. Also, professionals who work in an advisory capacity to companies with extensive supply chain networks, such as bankers and lawyers, will also find the content of this program beneficial to understanding and meeting the current needs of their clientele.

Job functions and roles include:

  • General managers, mid-level and senior-level
  • Executives responsible for a business unit
  • Strategic sourcing managers
  • Purchasing managers

Please note that this program is not suitable for IT professionals, IT consultants, software sales people, or executives seeking guidance on which supply chain software to use. This program will not discuss the technical aspects of supply chain software or software implementation.


Group Enrollment

To further leverage the value and impact of this program, we encourage companies to send cross-functional teams of executives to Wharton. We offer group enrollment benefits to companies sending four or more participants.

Faculty


Gad Allon

Gad Allon, PhDSee Faculty Bio

Co-Academic Director

Jeffrey A. Keswin Professor; Professor of Operations, Information, and Decisions; Director, Jerome Fisher Program in Management & Technology, The Wharton School

Research Interests: Operations management and operations strategy


Santiago Gallino

Santiago Gallino, PhDSee Faculty Bio

Co-Academic Director

Assistant Professor of Operations, Information, and Decisions, The Wharton School

Research Interests: Empirical operations management, retail management

Date, Location, & Fees

August 3 – 7, 2020LIVE Virtual$4,900


Download the program schedule.

Download ScheduleApply Now

Prices are subject to change.


Contact Us

Schedule a personalized consultation to discuss your professional goals:

 +1.215.898.1776

 execed@wharton.upenn.edu

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