Business Case Development for Operations and Supply Chain Management

  • Overview
  • Course Content
  • Requirements & Materials
Overview

Business Case Development for Operations and Supply Chain Management

Course Description

The ability to write a compelling business case is a core competency for effective leaders. A business case is a critical requirement before committing to projects, new products, or other investments. It is also an argument that needs to convince the recipient to invest in this undertaking rather than others. Rigorous business case preparation reduces the risk of poorly targeted or poorly executed projects, improves strategic alignment of investments, and increases the probability of achieving expected returns

This course equips you with the necessary skills and tools to develop structured business cases. Presented techniques are field-proven and derived from successful implementation. Case exercises are adapted from real situations and projects.

Course Content

VITAL COMPONENTS OF A BUSINESS CASE

PRESENTING A CLEAR, CONCISE, FACT-BASED CASE FOR A PROJECT

PREPARING A COMPREHENSIVE COST/BENEFIT STUDY

MEASURING THE FULL RANGE OF BENEFITS

FINANCIAL TECHNIQUES FOR PREPARING A FINANCIAL JUSTIFICATION FOR A PROJECT

CALCULATING PAYBACK, CASH FLOW RATE OF RETURN, ACCOUNTING RATE OF RETURN, NPV AND IRR

PACKAGING AND PRESENTING BUSINESS CASE RESULTS FOR MAXIMUM IMPACT

PREPARING A CONCISE EXECUTIVE SUMMARY

Requirements & Materials
Materials

Provided

  • Course materials will be provided electronically

Session Details

  • Register and pay for all required courses in a Supply Chain & Logistics certificate and receive a discount of 17% off per course. Enter coupon code SCL-Cert at checkout. Returning students of the Supply Chain & Logistics Institute (SCL) courses or alumni of GT EMIL and MSSCE programs are eligible to receive a 10% discount. Enter coupon code SCL-Alum at checkout. Members of certain organizations are eligible to receive a 10% discount. Enter coupon code SCL-Org at checkout. Review coupon instructions for more information.

Who Should Attend

This course is designed for supply chain, finance, marketing and sales executives (managers, directors, vice presidents). In addition, supply chain and logistics managers, consultants, supervisors, planners, and engineers; inventory planners; procurement and sourcing analysts and managers; transportation, logistics, and facility planners, managers, and engineers; and systems, project, and program managers will also benefit.

Logistics profession wearing hard hat in warehouse

What You Will Learn

  • Structured business cases for initiatives within OSM
  • The business case process and how to logically address it
  • How to identify, develop, and evaluate alternative options and decision paths
  • Strong, multi-dimensional and objective-driven submissions that drive consistent rates of approval and are presented in an appropriate format
  • How to quantify the various benefits of undertaking a project or task and interpret the appropriate financial data including costs, budgets, and estimates for completion
Three logistics professionals collaborating over computer in warehouse

How You Will Benefit

  • Develop business cases with a clearer understanding of senior leadership and management expectations.
  • Target investments with reduced risk and improved strategic alignment.
  • Apply industry best practice steps for developing a business case that explains rationale to senior managers within organizations.
  • Understand the purpose and content of a business case as it applies in different contexts.
  • Taught by Experts in the Field icon
    Taught by Experts in the Field
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    Grow Your Professional Network

The purpose of taking these courses was to advance my career and gain and greater understanding of the role that I am in with my employer. Our group was diverse in all of their roles and came from various industries, so I was able to get information they shared, and I can apply that to what I am doing in my own role.

- Roz Nero
Procurement Negotiator and Proposal Specialist
Roz Nero, procurement specialist

TRAIN AT YOUR LOCATION

We enable employers to provide specialized, on-location training on their own timetables. Our world-renowned experts can create unique content that meets your employees' specific needs. We also have the ability to deliver courses via web conferencing or on-demand online videos. For 15 or more students, it is more cost-effective for us to come to you.

  • Save Money
  • Flexible Schedule
  • Group Training
  • Customize Content
  • On-Site Training
  • Earn a Certificate
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