The purpose of organizations is to produce and deliver goods and services of value to customers while generating a surplus for owners. Value chain management focuses on understanding what different customers value, measuring inputs and outputs to assess value, and generating higher value for customers and surpluses for organizations.
Value Chain Management Specialization
Value Chain Management Specialization
Master Value Chain Analysis. Acquire critical business management competencies to create, measure, and maximize value.
Instructors: Gary Hecht, Ph.D.
Included with 
Get in-depth knowledge of a subject
(2,759 reviews)
Intermediate level
Some related experience required
3 months at 10 hours a week
Flexible schedule
Earn a career credential
Share your expertise with employers
Get in-depth knowledge of a subject
(2,759 reviews)
Intermediate level
Some related experience required
3 months at 10 hours a week
Flexible schedule
Earn a career credential
Share your expertise with employers
What you'll learn
Skills you'll gain
- Process Improvement
- Variance Analysis
- Marketing Strategy and Techniques
- Operational Analysis
- Supply Chain
- Manufacturing Operations
- Business Operations
- Performance Measurement
- Branding
- Organizational Strategy
- Marketing
- Marketing Planning
- Quality Control
- Management Accounting
- Integrated Marketing Communications
- Product Strategy
- Supply Chain Management
- Cost Accounting
- Operations Management
- Strategic Marketing
What’s included
Shareable certificate
Add to your LinkedIn profile
Taught in English
143 practice exercises
Advance your subject-matter expertise
- Learn in-demand skills from university and industry experts
- Master a subject or tool with hands-on projects
- Develop a deep understanding of key concepts
- Earn a career certificate from University of Illinois Urbana-Champaign
Specialization - 6 course series
What you'll learn
Describe fundamental concepts of managerial accounting.
Apply the financial perspective of accounting for costs.
Address common "what-if" questions using cost-volume-profit (CVP) analysis and apply CVP analysis in a variety of scenarios.
Apply activity-based costing (ABC) and recognize the influence of setting and decision characteristics on the relevance of ABC systems.
Skills you'll gain
Cost Accounting, Management Accounting, Cost Management, Financial Accounting, Accounting Systems, Decision Making, Accounting, Analysis, Cost Estimation, Operating Cost, and Supply Chain
What you'll learn
Prepare a master budget and its key components.
Evaluate capital investments via a variety of measures.
Calculate, interpret, and investigate variances.
Compute and interpret financial performance measures.
Skills you'll gain
Budgeting, Variance Analysis, Capital Budgeting, Decision Making, Management Accounting, Return On Investment, Performance Measurement, Cost Accounting, Accounting, Financial Accounting, Key Performance Indicators (KPIs), Financial Analysis, Organizational Strategy, and Cash Flows
What you'll learn
Understand the role of operations management.
Relate underlying principles to operations management frameworks and techniques.
Synthesize information to make operations decisions in important areas.
Evaluate processes on different dimensions.
Skills you'll gain
Operations Management, Inventory Management System, Process Analysis, Operational Analysis, Cost Benefit Analysis, Manufacturing Operations, Business Operations, Capacity Management, Supply Chain, Service Level, Organizational Strategy, Strategic Decision-Making, Business Strategies, Decision Making, and Demand Planning
What you'll learn
Discover, implement, and sustain process improvements in organizations.
Practice the use of statistics for analyzing variation in processes.
Understand frameworks and techniques for supply chain management.
Value the relationship of operations and supply chains with environmental sustainability.
Skills you'll gain
Supply Chain Management, Quality Management, Emerging Technologies, Statistical Process Controls, Process Capability, Process Improvement, Operations Management, Business Technologies, Inventory Management System, Process Control, Business Operations, Supply Chain, Lean Manufacturing, Product Quality (QA/QC), Program Management, Process Analysis, Vendor Contracts, Sustainable Business, Continuous Improvement Process, and Corporate Sustainability
What you'll learn
Define marketing and understand its underlying rationale.
Describe how marketing creates value.
Describe product strategy.
Describe the nature of branding and evaluate brand extensions.
Skills you'll gain
Value Propositions, Branding, Consumer Behaviour, Target Market, Brand Management, Marketing Analytics, Marketing, Market Analysis, Competitive Analysis, Marketing Planning, Promotional Strategies, Marketing Strategy and Techniques, Product Planning, and Customer Insights
What you'll learn
List all elements of the Marketing Mix and explain the role each element plays in creating value.
Evaluate the use of different Channels of Distribution by existing businesses.
Critique Advertising execution and create a persuasive Advertising piece.
Develop a Marketing Plan proposal.
Skills you'll gain
Consumer Behaviour, Product Lifecycle Management, Promotional Strategies, Integrated Marketing Communications, Marketing Channel, Product Strategy, Strategic Marketing, Writing, Price Negotiation, Marketing Management, Market Analysis, Marketing Strategies, Marketing Communications, Product Management, Brand Management, Marketing Effectiveness, Marketing, Advertising, and Value Propositions
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Build toward a degree
This Specialization is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.Âą
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Frequently asked questions
Each course in the Specialization offers regular and open enrollment. You can begin and complete the course on your own schedule.
It is recommended that the courses in the Specialization be taken in the order outlined.In the Capstone Project, you will have the opportunity to synthesize your learning in all courses and apply your combined skills in a final project
Time to completion can vary widely based on your schedule, most learners are able to complete the Specialization in 3-6 months.
More questions
Financial aid available,