SUPPLY CHAIN MANAGEMENT
This course is designed to acquaint the students with due basic management decisions encountered in the organization of function and the effective utilization of materials and its supply.
STUDY - Introduction:
What is supply chain management – Global optimization – managing uncertainty – Why supply chain management – key issues in supply chain management – supply chain performance – achieving strategic fit.
STUDY - Logistics Network Configuration:
Introduction – data collection – data aggregation – Transportation rates – mileage estimation – warehouse costs – warehouse capacities – potential warehouse locations – service level requirements – future demand – model and data validation – solution techniques – heuristics and the need for exact algorithm – simulation models and optimization techniques – key features of a network configuration DSS
STUDY - Inventory management and Risk pooling:
Introduction – single warehouse inventory – the economic lot size model – the effect of demand uncertainty – supply contracts – multiple order opportunities – continuous review policy – variable lead times – periodic review policy – risk pooling – centralised versus decentralized systems – managing inventory in the supply chain – practical issues – forecasting – judgment methods – market research methods – time series methods – causal methods – selecting the appropriate forecasting technique.
STUDY - Supply Chain Integration:
Introduction – push, pull and push–pull systems – push – based supply chains – pull – based supply chain – push-pull supply chain - identifying the appropriate supply chain strategy – implementing a push-pull strategy – demand – driven – strategies – the impact of the internet on supply chain strategies – distribution strategies – direct shipment – cross docking – trans shipment – centralised versus decentralized control – central versus local facilities.
STUDY - Customer value and supply chain management:
Introduction – the dimensions of customer value – conformance to requirements – product selection – price and brand – value added services – relationships and experiences – strategic pricing – revenue management – customer value measures – information technology and customer value.
STUDY - Decision-support systems for supply chain management:
Introduction – the challenges of modeling – structure of decision support systems – input data – analytical tools – presentation tools – supply chain decision – support systems.
MBA Operations Subjects