Course Introduction Video
My name is Dr. Overbye, I’m one of the professors that helped develop this course. Operations Management is one of the main functions of a firm. The Supply Chain for the firm ensures the firm has inputs needed to operate. The study of Operations and Supply Chain Management (OSCM) is the study of how a firm produces goods and services efficiently. As part of this course, we will analyze the major aspects of business operations, including facility location, input procurement, demand forecasting, product and process quality control, manufacturing process analysis, project management, and inventory control. Other business courses, such as marketing or advertising, focus on specific functions of the firm. OSCM goes to the heart of what makes a firm tick. Basic questions such as how many workers to hire, how much raw material to have on hand to ensure no production shortfalls, and how many production shifts to schedule each week to meet forecast demand are part of OSCM. Likewise, OSCM includes decisions on where to source raw materials and intermediate inputs (local, regional, or international), forecasting demand for these inputs, and ensuring production and service processes have the necessary inputs to operate efficiently. When there is a shock to operations – like when an overseas supplier of a key part is hit with a typhoon or when a labor shortage happens in a key production area – OSCM asks how the firm will react and what tools it will use to analyze and respond effectively. OSCM provides a set of tools to analyze basic business functions, respond to business and market shocks, and mitigate risks associated with an uncertain production environment. You can start by reviewing the course learning outcomes and the syllabus, you can find both on the left navigation panel. Let’s get started!
AI Summary
YouTube
Transcript
Source and License: This work is licensed by Saylor Academy under a Creative Commons Attribution-NonCommercial-Sharealike 4.0 International License (CC BY-NC-SA 4.0). This content was created using Genially and Synthesia. AI-generated avatars and voices in this video were created using Synthesia and remain subject to Synthesia’s Terms of Service; these elements are not covered by the Creative Commons license. Synthesia trademarks and services remain the property of Synthesia. All Genially proprietary elements such as templates, themes, built-in assets, stock media, and other “Genially Content” remain subject to Genially’s Terms of Service and are not covered by this Creative Commons license. These elements must remain embedded in the course and cannot be reused or redistributed independently.
AI Summary
This course explores how businesses efficiently produce goods and services through operations and supply chain management. It examines the systems, processes, and strategies organizations use to manage production, logistics, inventory, quality, forecasting, and project management. Here are some key takeaways:
- Understand the role of operations and supply chain management in business success.
- Analyze production, logistics, inventory, and forecasting processes.
- Apply tools to improve efficiency, quality, and decision-making.
- Examine how businesses respond to disruptions and uncertainty in operations.
You can start by reviewing the course learning outcomes and syllabus.
Course Introduction Video
Saylor Academy
Created on May 14, 2026
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Transcript
Course Introduction Video
My name is Dr. Overbye, I’m one of the professors that helped develop this course. Operations Management is one of the main functions of a firm. The Supply Chain for the firm ensures the firm has inputs needed to operate. The study of Operations and Supply Chain Management (OSCM) is the study of how a firm produces goods and services efficiently. As part of this course, we will analyze the major aspects of business operations, including facility location, input procurement, demand forecasting, product and process quality control, manufacturing process analysis, project management, and inventory control. Other business courses, such as marketing or advertising, focus on specific functions of the firm. OSCM goes to the heart of what makes a firm tick. Basic questions such as how many workers to hire, how much raw material to have on hand to ensure no production shortfalls, and how many production shifts to schedule each week to meet forecast demand are part of OSCM. Likewise, OSCM includes decisions on where to source raw materials and intermediate inputs (local, regional, or international), forecasting demand for these inputs, and ensuring production and service processes have the necessary inputs to operate efficiently. When there is a shock to operations – like when an overseas supplier of a key part is hit with a typhoon or when a labor shortage happens in a key production area – OSCM asks how the firm will react and what tools it will use to analyze and respond effectively. OSCM provides a set of tools to analyze basic business functions, respond to business and market shocks, and mitigate risks associated with an uncertain production environment. You can start by reviewing the course learning outcomes and the syllabus, you can find both on the left navigation panel. Let’s get started!
AI Summary
YouTube
Transcript
Source and License: This work is licensed by Saylor Academy under a Creative Commons Attribution-NonCommercial-Sharealike 4.0 International License (CC BY-NC-SA 4.0). This content was created using Genially and Synthesia. AI-generated avatars and voices in this video were created using Synthesia and remain subject to Synthesia’s Terms of Service; these elements are not covered by the Creative Commons license. Synthesia trademarks and services remain the property of Synthesia. All Genially proprietary elements such as templates, themes, built-in assets, stock media, and other “Genially Content” remain subject to Genially’s Terms of Service and are not covered by this Creative Commons license. These elements must remain embedded in the course and cannot be reused or redistributed independently.
AI Summary
This course explores how businesses efficiently produce goods and services through operations and supply chain management. It examines the systems, processes, and strategies organizations use to manage production, logistics, inventory, quality, forecasting, and project management. Here are some key takeaways:
- Understand the role of operations and supply chain management in business success.
- Analyze production, logistics, inventory, and forecasting processes.
- Apply tools to improve efficiency, quality, and decision-making.
- Examine how businesses respond to disruptions and uncertainty in operations.
You can start by reviewing the course learning outcomes and syllabus.