Business Case Development for Operations and Supply Chain Management
- Overview
- Course Content
- Requirements & Materials
COURSE ID: LOG 3170P
Contact for course-related questions
Georgia Tech Supply Chain and Logistics InstituteInstructors
Michael DennisBusiness 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.
LOG 3170P is exclusively available as a private or corporate offering. Visit the Supply Chain and Logistics Corporate Training page to learn more.
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
Materials
Provided
- Course materials will be provided electronically
Session Details
Special Discounts: All residents of the State of Georgia are eligible for a 50% discount while funds last thanks to a grant from the U.S. Department of Commerce's Economic Development Administration. Use of this discount is subject to verification of GA residency. Enter coupon code SCL-GAAIM at checkout (cannot be combined with other discounts).
Non-Georgia residents can 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. Review coupon instructions for more information.
If you have 3 or more participants from your organization, please contact us for volume discounts at course@scl.gatech.edu.
CRN
22379Who 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.
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
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.
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Grow Your Professional Network
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Taught by Experts in the Field
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.
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GTPE does not have a program for senior citizens. However, Georgia Tech offers a 62 or Older Program for Georgia residents who are 62 or older and are interested in taking for credit courses. This program does not pay for noncredit professional education courses. Visit the Georgia Tech Undergraduate Admissions page for more information on the undergraduate program and the Georgia Tech Graduate Admissions page for more information on the graduate program.
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