Business Strategy and Operations in a Biobased Economy
The course contains two key business perspectives. It starts with relevant strategic management considerations such as the trends impacting the transition of businesses and value chains towards a more circular economy, their multi-stakeholder collaboration, and the development of feasible biobased business models. Then, the course continues with operational considerations, on e.g. supply chain management issues, different types of planning problems that are encountered, and the development of decision support for the design and operations of biobased supply chains.
Who should attend?
There is no formal entry level requirement for this MOOC.
The Circular Business Strategy
In this module, you will be introduced to the factors affecting the investments and drivers for biobased business, all from a business strategy perspective. This will help you analyse how major innovations in existing industries develop and get accepted.
From Creating Opportunities to Solving Challenges
As just like any other business, it is also important to choose the right legal structure in a biobased economy. But what are the key players in biobased supply chains? Let's learn about organizations and cooperative formats to use in creating new value chains.
Supply Chain Operations in a Biobased Economy
Module 3 will help you to translate the business strategy into actual operations by introducing you to the current thinking on supply chains. Here you will understand the complexity of supply chain management and planning, and how reverse flows can be used to create biobased supply chains.
Decision Support for Biobased Operations
In module 4, you will learn about how you can use decision support tools to make better decisions about the short- and long-term plans for your business. For instance, the differences in planning at a local, regional, or global level.
Integrating Business Strategy and Operations
To conclude the course, we will integrate the business strategy and operation theories seen in the previous modules in a specific case of Poly Lactic Acid (PLA): how can you apply these theories in your own case study?
Course delivery details
This course is offered through Wageningen University & Research, a partner institute of EdX.
12-16 hours per week
- Verified Track -$149
- Audit Track - Free
Certification / Credits
What you'll learn
- Understand the dynamics in biobased business investments
- Creating business strategies in a biobased economy
- Understand the supply chain challenges for biobased businesses
- Using decision support tools to make better decisions about the short- and long-term plans for your business.
- Design and evaluate biobased supply chains using quantitative methods
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