MGT 5083 Global Supply Chain Management

Lecture: Introduction

Lecture: Logistics and Supply Chain Context

Lecture: Globalization and International Trade

Lecture: Supply Chain Relationships

Outcomes

• Explain the origins of logistics and supply chain management
• Define both terms and outline how logistics and supply chain management differ from each other
• Highlight the importance of these areas in both manufacturing and services contexts
• Identify how best practice logistics and supply chain management can yield both cost reduction and value addition
• Highlight the growth that has occurred in recent decades in international trade. Regional and country differences and relative shares will also be illustrated
• Explain what is meant by globalization, identify the most globalized countries in the world and explain the drivers for globalization
• Explore the role of multinational companies and their role in global trade, together with the impact of overseas investment by companies
• Explain what happens when unequal volumes or types of freight flow in opposite directions in freight markets
• Highlight the growth in international trade
• Explain factors affecting outsourcing decisions
• Highlight the need for outsourcing in view of both globalization and the growth of international trade
• Identify the problems faced by outsourcing companies which can result in failure
• Outline how outsourcees are selected
• Examine how outsourcer/outsourcee relationships develop
• Define the terms integration and collaboration in the global SCM context

Lecture: Supply Chain Strategies

Lecture: Simulation

Lecture: Transport in Supply Chains

Outcomes

• Highlight the role of logistics and supply chain strategy in the context of firm strategy, and see how logistics and supply chain strategy can actually sometimes drive firm strategy
• Outline the evolution of manufacturing, from which various logistics and supply chain strategies have emerged
• Review both lean and agile logistics strategies, and the role of mass customization in the latter
• Develop taxonomy of supply chain strategies
• Differentiate between the different types of simulation
• Explain the steps involved in a simulation process
• describe how random behavior is simulated
• Explain how discrete event simulation works
• Discuss the potential role of simulation in supply chain management decisions
• Describe the cost structures and operating characteristics of the different transport modes, and the relationships between freight rates and consignment weight, dimensions and distance to be travelled
• List key terms used in transport
• Discuss the roles of distribution centers and highlight the concept of factory gate pricing
• Identify some of the many issues (including the effect of supply chain strategies) that can impact the efficiency of transport services
• Identify the range of issues to be considered in planning transport infrastructure
• Explain the application of a technique known as the transportation model

Lecture: Transport Security

Lecture: Logistics Service Providers

Outcomes

• Identify the need for transport security
• Examine the application of contemporary transport security initiatives
• Discuss the nature of security threats in transport, including terrorism and piracy
• Acquire knowledge of security technology
• Describe and differentiate the various types of companies that provide logistics services
• Discuss the role of fourth-party logistics
• Illustrate the use of bills of lading to show how responsibility along the supply chain is clarified and managed
• Examine the range of issues in, and the process employed for, selecting logistics service providers
• Illustrate a number of other pertinent concepts and terms often used in logistics systems

Lecture: Procurement

Lecture: Inventory Management

Outcomes

• Discuss procurement’s potential to improve business and organizational performance
• Explain how risk and vale might impact sourcing and procurement strategy and tactics in relation to markets
• Identify the different dynamics of public and private sector procurement and how this impacts on procurement procedures and decision-making
• Describe how consumer demand and expectations drive governance and accountability in sourcing and procurement
• Explain the significance of inventory in logistics and SCM
• Discuss the costs involved in inventory management
• Explore common inventory control systems designed to reduce costs
• Identify inventory reduction strategies including just-in-time inventory management

Lecture: Warehousing and Materials Handling

Lecture: Information Flows and Technology

Lecture: Logistics and Financial Management

Outcomes

• Define the role of warehousing in contemporary global supply chains
• Explain how material movements are planned and controlled
• Explain material handling processes within warehouses and distribution centers
• Offer insights into how warehouses are managed and how work is organized
• Define the role of information in contemporary supply chains
• Explain the need for information visibility and transparency across the supply network and outline the barriers to achieving it
• Define various information technologies employed in logistics and SCM
• Discuss the use of RFID in SCM to provide real-time information visibility
• Discuss the emerging importance of knowledge management in supply networks
• Describe and differentiate the accounting and financial information generated within logistics companies
• Explain the key accounting statements, their purpose and implications
• Demonstrate the importance of cash flow to a logistics company
• Discuss business risk for a logistics company and currency risk in the context of international logistics activities
• Outline the taxation implications of international transfers within a logistics company
• Identify the role played by cost and management accounting information in a logistics company
• Identify typical components of a balanced scorecard of a logistics company

Lecture: Measuring and Managing Logistics Performance

Lecture: Supply Chain Vulnerability, Risk, Robustness, and Resilience

Outcomes

• Identify the basic forms of performance measurement used in logistics context
• Illustrate the trend towards measurement of a wider array of activities and the eight driving forces behind this trend
• Explain why many Logistics Service Providers (LSPs) now routinely share key performance data with customers
• Describe the role of benchmarking in the context of logistics performance management
• Identification of key performance indicators
• Evaluate warehouse/inventory metrics and total landed costs
• Provide working definitions for key concepts
• Explain why supply chain risk, robustness and resilience have emerged as important themes in supply chain management
• Address the problems surrounding interpretations and the treatment of 'risk' in management
• Highlight the need for a holistic approach to managing supply chain vulnerabilities
• Provide a structured framework for the identification and management of supply chain risk and resilience

Lecture: Sustainable Logistics and Supply Chain Systems

Lecture: Reverse Logistics

Outcomes

• Describe what sustainability involves in the context of logistics and scm
• Define key terms such as carbon footprints, food miles, reverse logistics, etc.
• Illustrate best practice examples of attempts to reduce environmental footprints
• Identify the link that exists between growth in logistics and concomitant growth in the demand for transport
• Examine the different aspects of the two key dimensions used in logistics to reduce environmental impacts, namely scale and efficiency
• Explain the basics of reverse logistics and the reasons for employing reverse logistics
• Describe the various recovery options in reverse logistics such as reuse, remanufacturing and recycling
• Identify the characteristics of the remanufacturing recovery option and highlight the difference between forward and remanufacturing recoverable logistics environments
• Explain the key success factors for the implementation of reverse logistics systems
• Identify and understand performance metrics relevant to the recovery options of reverse logistics

Lecture: Service Supply Chains

Lecture: Emerging Supply Chain Designs

Outcomes

• Highlight the increasing importance of service supply chains in the global economy
• Define service, service science, and service supply chains
• Distinguish service supply chains from conventional manufacturing supply chains
• Conceptualize service supply chain models
• Review the many strategies and practices employed in logistics and SCM today
• Recognize the emerging and changing context within which logistics and SCM exists
• Explain the need to synchronies the design of supply chains with the design of products
• Identify the disparate costs that exist across supply chains
• Describe how modeling approaches can assist in supply chain design
• Examine the skills and knowledge areas required of logistics and supply chain managers in the future