Curriculum
Program Details:
A. Introducing Supply Chain Management
- Core Supply Chain processes
- Supply Chain complexity- Bull whip effect, Handling uncertainty,
B. Supply Chain Strategy
- Evaluating supply chain network strategy: capacity, technology, translating supply chain decisions into financial terms – Total Landed Cost, Total Cost of Ownership, Discounted cash flow analysis
- Supply Chain Structure Design: Push, pull, postponement
- Supply Chain Governance: Contracts and Relationships
- Risk and Resilience in Supply Chains
C. Demand Planning & Forcasting
- Introduction to Demand Forecasting and Forecasting Accuracy
- Forecasting: Time Series Methods
- Forecasting: Causal Methods
- Forecasting for New Products
- Demand Planning: Matching Demand and Supply
D. Inventory Management
- Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders
- Single period inventory models – critical ratio, expected profit, expected units short
- Continuous review policy(s,Q) model & Periodic review policy (R,S) model using performance metrics (cycle service level and item fill rate) and stockout cost metrics (cost per stockout event and cost per item short)
- Special issues- exchange curves, grouping like items, location pooling
E. Logistics and Global Supply Chain Management
- Freight transportation- selection and its impact on inventory
- Warehousing- design, operations heuristics, material handling
- Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.
- International transportation, Trading blocks, Trade zones, Bonded warehouses
- Currency fluctuations, exchange rate risks, Transfer Pricing, permanent establishment
F. Modelling & Analytics Tools
- Optimization Models for Supply Chain Decision Making
- Simulation for Decision Making
- Decision Making under Uncertainty: Decision Tree Analysis
- Supply Chain Analytics
G. Designing & Managing Channel Partners – Distribution
- Product Life Cycle and Distribution Challenges
- Managing Customer Relationships
- Measuring Channel Performance
- Managing Channel Conflict
H. Procurement and Sourcing Management
- Integrated Planning Foundation
- Supply Strategy
- KPIs for integrated sourcing
I. Special Topics in SCM
- Quality Management, Six sigma & Lean Management Concepts
- Recent Advances in Technology
- Taxation & supply chains
- Legal Aspects of Purchasing, Sourcing & Contracts
J. Topics in Fundamentals of Management Theory
J1. Finance –
- Conceptual framework of financial reporting; Corporate Financial Statements: Balance Sheet; Profit and Loss Statement; Cash Flow Statement Analyzing Financial Statements; Financial Ratios;
J2. E-Commerce –
- Best E-Commerce practices
- E-commerce business models and their sustainability under crisis situation.
J3. Strategy –
- Strategy & Strategic management process
- Evaluating firms’ external and internal environments Business-level & Corporate strategies
J4. Negotiations –
J5. Microeconomics concepts –
- Demand-supply Analysis, Elasticity, Opportunity Cost, Production Costs, Firm Behavior, Perfect Competition, Monopoly, Pricing Strategies
J6. International Trade –
- Theories of international trade
- Trade pattern across the world- trade and investment linkage through production networks Trade policy instruments-tariff, quota and other measures WTO and Trade Blocks