Supply chain Sustainability and Resilience -COVID19 lessons
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
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 USD 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 means
2. Learn how CEOs of various companies responded to the cash crunch during the pandemic
3. Understand the Supply chain cost impact on the product cost
4. 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 world
6. Cost impact of supply chain decisions
7. Adding agility to the operations
8. Changing definitions of sustainability and way forward
Who this course is for:
- Cost Managers
- Supply chain team members
- Accounts and Finance team
- Product pricing team members
- Chartered Accountants and students
- Production or Factory managers
Instructor
- 4.5 Instructor Rating
- 6,651 Reviews
- 17,665 Students
- 8 Courses
Gopalakrishnan Veilumuthusamy is a highly accomplished and award-winning Senior Sustainability & ESG Leader with over 20 years of extensive global experience driving impactful change across diverse organizations in 15 countries. A distinguished Fulbright Scholar from Cornell University and a Positive Change Ambassador from Erasmus University, Gopalakrishnan possesses deep expertise in critical areas such as Sustainability Strategy, Net Zero Roadmap Development, and comprehensive ESG Reporting (including CSRD, UK SECR, and ESOS).
His proven track record includes spearheading initiatives for UN agencies, multinational corporations, and government bodies, consistently delivering measurable improvements in environmental performance, social impact, and economic sustainability. With a strong background in Environmental Management Systems (ISO 14001), Circular Economy, Decarbonization, and Sustainable Development Goals (SDGs), Gopalakrishnan is passionate about fostering a sustainable future. He is fluent in English, Tamil, and Hindi, bringing a truly global perspective to his teaching.