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MGT 5069 Advanced Techniques in Supply Chain Management


Course Description

Covers advanced theory and practice of supply chain management including operational and logistics support. This course provides an understanding of strategy, organizational structure, and new technologies in SCM. Course includes the Internet and its effect on SCM, and the concepts and tools used in SCM. This course examines requirements, specifications, planning, program design, and maintenance and quality assurance of SCM systems.

Week 1
Lecture: Introduction
Lecture: Understanding the Supply Chain
Lecture: Supply Chain Performance: Achieving Strategic Fit and Scope

Outcomes

  • Describe the evolution of supply chain management and its impact on financial sustainability
  • Recognize organizational efficiencies and effectiveness provided by a supply chain approach to international business
  • Identify the benefits provided from implementing supply chain best practices
  • Assess the role of logistics in private and public organizations
  • Describe the value-added roles of logistics on both a macro and micro level
  • Examine the relationships between logistics to functional areas such as manufacturing, marketing, and finance
  • Discuss the management activities in the supply chain and logistics functions

Week 2


Lecture: Supply Chain Drivers and Metrics
Lecture: Designing Distribution Networks and Applications to E-Business

Outcomes

  • Recognize the three major phases of globalization and appreciate the fundamental economic and political forces driving each phase
  • Appreciate the complexity of global companies and why global expansion is essential to growth and financial viability
  • Examine the complexity of global markets and how competitive strategy can help mitigate complexity
  • Distinguish between the types of supply chain relationships and their importance
  • Recognize the importance of shared supply chain relationships
  • Discuss the future directions for outsourced logistics services

Week 3


Lecture: Network Design in the Supply Chain
Lecture: Designing Global Supply Chain Networks

Outcomes

  • Describe the different methods utilized to calculate supply chain costs, service, profit, and revenue
  • Identify the fundamentals of an income statement and a balance sheet
  • Examine the application of the strategic profit model
  • Recognize the significance of information to supply chain management
  • Discuss the role of information technology in the supply chain
  • Describe the principal components of an integrated supply chain information system

Week 4


Lecture: Demand Forecasting in a Supply Chain
Lecture: Aggregate Planning in the Supply Chain
Lecture: Sales and Operations Planning 

Outcomes

  • Discuss the importance of outbound-to-customer logistics systems
  • Recognize the emergent need for effective demand management
  • Examine the sales and operations planning process
  • Delineate the principal steps in the order fulfillment process
  • Differentiate between order management and customer service
  • Explain how organizations influence customers’ ordering patterns and how they execute customers’ orders
  • Recognize the various elements of customer service and the impact on buyers and sellers
  • Identify the major outputs of order management, measurement, and financial impact on buyers and sellers

Week 5


Lecture: Managing Economies of Scale in the Supply Chain: Cycle Inventory
Lecture: Managing Uncertainty in the Supply Chain: Safety Inventory

Outcomes

  • Appreciate the role of inventory in the economy and understand the reasons for carrying inventory
  • Explain the classifications for inventory items
  • Discuss alternative methods to managing inventory—just-in-time (JIT), materials requirement planning (MRP), distribution requirements planning (DRP), and vendor-managed inventory (VMI)
  • Explore different approaches to inventory management
  • Identify the primary types of inventory, associated costs, and relationships to inventory decisions
  • Assess the service and cost characteristics of the primary transportation modes
  • Define how information technology supports transportation planning and execution
  • Describe the chief activities involved in transportation planning and execution
  • Describe the role transportation plays in the supply chain
  • Explain current transportation management strategies used to improve supply chain performance

Week 6


Lecture: Determining the Optimal Level of Product Availability
Lecture: Transportation in a Supply Chain

Outcomes

  • Appraise fulfillment strategies and distribution methods
  • Define how information technology supports distribution operations
  • Describe the value-adding role distribution plays in the supply chain
  • Distinguish between distribution and the tradeoffs of other supply chain functions
  • Describe materials-handling objectives, principles, and equipment uses
  • Develop an effective process for logistics/supply chain network design
  • Differentiate between the various types of modeling methods used to gain insight into logistics/supply chain network design and facility location decision making
  • Evaluate the structure and functioning of logistics/supply chain networks for changes and improvements
  • Recognize factors that indicate a need to redesign a logistics/supply chain network
  • Explain how transportation alternatives and transportation costs may affect the location decision

Week 7


Lecture: Sourcing Decisions in a Supply Chain
Lecture: Pricing and Revenue Management in the Supply Chain

Outcomes

  • Describe the methods for the effective management of sourcing and procurement activities
  • Recognize the importance of types and of items and services purchased to the sourcing and procurement processes
  • Examine the issue of procurement price and the relevance of total landed cost (TLC)
  • Describe the role of purchasing, procurement, and strategic sourcing in a supply chain context
  • Explain the strategic sourcing process
  • Define the principal assembly processes and production methods for goods creation
  • Define the role of productivity and quality metrics for improving operations performance
  • Describe the strategic value-adding role operations plays in the supply chain
  • Describe the various production process layouts
  • Recognize the tradeoffs and challenges involved in production operations
  • Identify the major production strategies and types of planning

Week 8


Lecture: Information Technology in a Supply Chain
Lecture: Sustainability and the Supply Chain

Outcomes

  • Define the eight major categories of reverse flows and understand the three major forces that drive reverse supply chains
  • Describe the importance and challenges of reverse flows in supply chains
  • Explain why it is economically and politically important to manage supply chain sustainably
  • Describe how effective supply chain management can contribute to sustainability
  • Discuss the significance of sustainable supply chains as they relate to worldwide ecological protection
  • Explore the traditional frameworks for sustainable supply chains
  • Describe how supply chain management can help to grow revenues, as well as contain costs
  • Explain and differentiate the various types of supply chain strategies: differentiation, financial, technology-based, relationship-based, and global
  • Identify principles for supply chain success
  • Recognize current and future strategic challenges for supply chains

The course description, objectives and learning outcomes are subject to change without notice based on enhancements made to the course.