MGT 5065 Supply Chain Management

Lecture: Introduction

Lecture: Understanding the Supply Chain

Lecture: Supply Chain Performance: Achieving Strategic Fit and Scope

Outcomes

• Discuss the goal of a supply chain and explain the impact of supply chain decisions on the success of a firm
• Identify the three key supply chain decision phases and explain the significance of each one
• Describe the cycle and push/pull views of a supply chain
• Classify the supply chain macro processes in a firm
• Explain why achieving strategic fit is critical to a company’s overall success
• Describe how a company achieves strategic fit between its supply chain strategy and its competitive strategy
• Discuss the importance of expanding the scope of strategic fit across the supply chain
• Describe the major obstacles that must be overcome to manage a supply chain successfully

Lecture: Supply Chain Drivers and MEtrics

Lecture: Designing Distribution Networks and Applications to E-Business

Outcomes

• Identify the major drivers of supply chain performance
• Discuss the role of each driver in creating strategic fit between the supply chain strategy and the competitive strategy
• Define the key metrics that track the performance of the supply chain in terms of each driver
• Identify the key factors to be considered when designing a distribution network
• Discuss the strengths and weaknesses of various distribution options
• Examine how the Internet has affected the design of distribution networks in different industries

Lecture: Network Design in the Supply Chain

Lecture: Designing Global Supply Chain Networks

Outcomes

• Design the role of network design in a supply chain
• Identify factors influencing supply chain network design decisions
• Develop a framework for making network design decisions
• Use optimization for facility location and capacity allocation decisions
• Identify factors that need to be included in total landed cost when making global sourcing decisions
• Define uncertainties that are particularly relevant when designing global supply chains
• Explain different strategies that may be used to mitigate risk in a global supply chain
• Explore the methodologies used to evaluate supply chain design decisions under uncertainty
• Analyze global supply chain network design decisions in an uncertain environment

Lecture: Demand Forecasting in a Supply Chain

Lecture: Aggregate Planning in the Supply Chain

Lecture: Sales and Operations Planning 

Outcomes

• Examine the role of forecasting for both an enterprise and a supply chain
• Identify the components of a demand forecast
• Forecast demand in a supply chain given historical demand data using time series methodologies
• Analyze demand forecasts to estimate forecast error
• Identify the decisions that are best solved by aggregate planning
• Understand the importance of aggregate planning as a supply chain activity
• Describe the information needed to produce an aggregate plan
• Explain the basic trade-offs to consider when creating an aggregate plan
• Formulate and solve basic aggregate planning problems using Microsoft Excel

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

Lecture: Managing Uncertainty in the Supply Chain: Safety Inventory

Outcomes

• Describe supply chain coordination, the bullwhip effect, and their impact on supply chain performance
• Identify obstacles to coordination in a supply chain
• Discuss managerial levers that help achieve coordination in a supply chain
• Describe actions that facilitate the building of strategic partnerships and trust within a supply chain
• Identify the different forms of CPFR possible in a supply chain
• Balance the appropriate costs to choose the optimal amount of cycle inventory in a supply chain
• State the impact of quantity discounts on lot size and cycle inventory
• Devise appropriate discounting schemes for a supply chain
• Examine the impact of trade promotions on lot size and cycle inventory
• Identify managerial levers that reduce a lot size and cycle inventory in a supply chain without increasing cost
• Discuss the role of safety inventory in a supply chain
• Identify factors that influence the required level of safety inventory
• Describe different measures of product availability
• Utilize managerial levers available to lower safety inventory and improve product availability

Lecture: Determining the Optimal Level of Product Availability

Lecture: Transportation in a Supply Chain

Outcomes

• Identify the factors affecting the optimal level of product availability and evaluate the optimal cycle service level
• Use managerial levers that improve supply chain profitability through optimal service levels
• Examine the role of transportation in a supply chain
• Evaluate the strengths and weaknesses of different modes of transportation
• Discuss the role of infrastructure and policies in transportation
• Compare the relative strengths and weaknesses of various transportation network design options
• Identify trade-offs that shippers need to consider when designing a transportation network

Lecture: Sourcing Decisions in a Supply Chain

Lecture: Pricing and Revenue Management in the Supply Chain

Outcomes

• Examine the role of sourcing in a supply chain
• Discuss factors that affect the decision to outsource a supply chain function
• Identify dimensions of supplier performance that affect total cost
• Structure successful auctions and negotiations
• Describe the impact of risk sharing on supplier performance and information distortion
• Categorize purchased products and services and identify the desired focus of procurement in each case
• Examine the role of revenue management in a supply chain
• Identify conditions under which revenue management tactics can be effective
• Describe trade-offs that must be considered when making revenue management decisions

Lecture: Information Technology in a Supply Chain

Lecture: Sustainability and the Supply Chain

Outcomes

• Describe the importance of information and information technology in a supply chain
• Explain how each supply chain driver uses information
• Identify the major applications of supply chain information technology and the processes that they enable
• Recognize the importance of sustainability in a supply chain
• Discuss the challenge to sustainability posed by the tragedy of the commons
• Describe key metrics that can be used to measure sustainability for a supply chain
• Identify opportunities for improved sustainability in various supply chain drivers