SUPPLY CHAIN MANAGEMENT

[1.5 Credits]
Objectives
To give students an understanding that the problems and issues within the
respective
fields of logistics are invariably complex, and require clear reasoning and
analysis, in
order to derive an appropriate course of action.
To incorporate and learn the critical elements of Logistics and Supply Chain
Management
processes
To give students an appreciation that the process by which appropriate
decisions are
made often requires not only technical competencies from those
individuals involved,
but also requires them to possess competencies of a more managerial
nature; and vice
versa.
To equip students with the required depth and balance of technical and
managerial
competencies such that they will be able to function successfully in their
chosen field
Overall, to give a frame of reference for logistics and supply chain
management - to give
knowledge of the functions of the logistics and supply chain systems -to give
knowledge of
the relations of the logistics and supply chain systems to its environment - to
give
knowledge of the management and the operations
Topics (No. of Sessions)
Introduction to Logistics and Supply Chain Management (2)
An Overview, definition of logistics and the concept of logistics and
supply chain
management,
Logistics system's relations to its environment and to other functions
in the
organization and to other organizations

 Elements of logistics and different approaches

Different views of Supply Chain Management
Process View of a Supply chain
Typical supply chain problems
Key driving forces
Efficiency and Responsiveness and achieving strategic fit
Purchasing and Supply Chain Management
Role of Sourcing and Purchasing
Supplier Selection and Contracts
Supplier Relationship Management
Procurement Process

(2)

Planning and Managing Inventory in a Supply Chain

(3)
Role of Cycle Inventory
Economies of Scale to exploit Fixed costs
Economies of Scale to exploit Quantity Discounts
Estimation of Inventory costs
Safety Inventory, its levels and Risk Pooling
Impact of aggregation
Bullwhip Effect and Order Variability
JIT , MRP and multi-echelons in a Supply chain Network
Replenishment Policies under various Pull and Push Systems
Optimal Levels of Product availability
Warehousing Decisions and Facilities location in a Supply Chain
Network (2)
Nature and importance of warehousing
Warehousing location decisions and operations
Layout decisions in warehousing Transportation and Network Design
Role of Transportation in a Supply chain
Factors affectiong Transport Decisions
Modes of Transportation and their Performance characteristics
Design options for as Transportation Network
Trade-Offs in transportation,
Transportation pricing issues,
Transportation strategy
3PL and 4PL alternatives

Organisation of The Supply Chain

(1)
Supply Chain synchronization and Coordination
Supply Chain Performance Measurements and Benchmarking
Supply Chain Disruptions and Risks