This course provides a comprehensive overview of supply chain management (SCM) principles and practices. It covers the strategic, operational, and tactical aspects of managing supply chains in various industries. The course emphasizes the importance of SCM in creating value for businesses and customers, exploring the role of technology, logistics, procurement, and relationship management in achieving efficient and effective supply chains.
Course Objectives:
- Understand the key concepts and frameworks in supply chain management.
- Analyze the components of a supply chain and their interrelationships.
- Develop strategies for optimizing supply chain performance.
- Learn about the latest trends and technologies in SCM.
- Gain insights into global supply chain management and sustainability issues.
Course Modules:
Module 1: Introduction to Supply Chain Management
- Definition and importance of SCM
- Key components and processes in a supply chain
- Evolution of SCM concepts and practices
Module 2: Supply Chain Strategy
- Aligning supply chain strategy with business strategy
- Competitive advantage through SCM
- Strategic sourcing and outsourcing decisions
- Case studies on successful supply chain strategies
Module 3: Demand Forecasting and Planning
- Techniques for demand forecasting
- Inventory management and control
- Sales and operations planning (S&OP)
- Collaborative planning, forecasting, and replenishment (CPFR)
Module 4: Procurement and Supplier Management
- Strategic procurement process
- Supplier selection and evaluation
- Relationship management and negotiation strategies
- Global sourcing and risk management
Module 5: Logistics and Distribution
- Transportation management and optimization
- Warehousing and inventory management
- Distribution network design
- Reverse logistics and returns management
Module 6: Technology in Supply Chain Management
- Role of information technology in SCM
- Enterprise Resource Planning (ERP) systems
- Blockchain and its applications in supply chain
- Emerging technologies and future trends
Module 7: Global Supply Chain Management
- Managing global supply chains
- Cross-border logistics and trade regulations
- Supply chain risk management in global contexts
- Sustainability and ethical considerations in global SCM
Module 8: Performance Measurement and Improvement
- Key performance indicators (KPIs) in SCM
- Lean and Six Sigma methodologies
- Continuous improvement and innovation in SCM
- Case studies on supply chain performance optimization
Course Assessment:
- Assignments: Case studies, reports, and practical exercises (40%)
- Exams: Mid-term and final exams covering theoretical and practical knowledge (40%)
- Project: Group project on a real-world supply chain problem (20%)
Learning Outcomes:
Upon successful completion of this course, students will be able to:
- Develop and implement supply chain strategies that align with business goals.
- Analyze and optimize supply chain processes to improve efficiency and reduce costs.
- Utilize technology and data analytics to enhance supply chain operations.
- Manage global supply chains while considering ethical and sustainability issues.
Recommended Textbooks and Resources:
- “Supply Chain Management: Strategy, Planning, and Operation” by Sunil Chopra and Peter Meindl
- “The Essentials of Supply Chain Management” by Hokey Min
- Access to supply chain management software and simulation tools