Lecture: 3 Year: III Tutorial: 1 Part: I Practical: 0
Course objective
After the completion of this course, students will be able to understand the basis of different industrial management functions like facilities planning, supply chain management, inventory management and control and business process re-engineering management.
Course Outline
1. Introduction to supply chain Management (6 Hours) 1.1. Objective and Benefits
1.2. Supply chain stages and decision phases process view of a supply chain.
1.3. Supply chain flows.
1.4. Competitive and supply chain strategies. 1.5. Achieving strategic fit.
1.6. Expanding strategic scope.
1.7. Drivers of supply chain performance.
1.8. Framework for structuring drivers – Inventory, Transportation, Facilities, Information. Obstacles to achieving fit.
2. Designing the supply chain network: (4 Hours) 2.1 Distribution Networking – Role, Design. Supply Chain Network (SCN)
Role, Factors, Framework for Design Decisions.
3. Facility location and network design: (4 Hours) 3.1 Models for facility location and capacity allocation.
3.2 Impact of uncertainty on SCN – discounted cash flow analysis, evaluating
3.3 Analytical problems.
4. Inventory management and control ( 4 Hours) 7 hours 4.1. Role of inventory in effective operation of production,
distribution and maintenance system
4.2. Forms of inventory, interaction of inventory with other systems like marketing, finance, research and production. 4.3. Material requirement planning: estimation of demand and
determination of inventory levels, safety stock and re-order point.
4.4. Determination of inventory systems: economic order quantity, determination of continuous and discrete demand situations, quantity discount, joint ordering.
4.5. Dependent and independent demand items, forecast of demand for slow and fast-moving demand items.
4.6. Just-In-Time (JIT) inventory management systems.
4.7. Exchange curve analysis and coverage analysis for multi-items. 4.8. Probabilistic inventory systems: perpetual and periodic control
systems,
4.9. Store management: item classification, coding, storing and retrieval, issue policy, first-in-first-out (FIFO) or Last-in-first-out (LIFO)
4.10. Inventory evaluation and stock verification
5. Sourcing, transportation and pricing products: (4 Hours) 5.1 Role of transportation, Factors affecting transportation
decisions.
5.2 Modes of transportation and their performance characteristics. 5.3 Designing transportation network.
5.4 Trade-off in transportation design.
5.5 Tailored transportation, Routing and scheduling in transportation.
5.6 International transportation. 5.7 Analytical problems.
5.8 Role Revenue Management in the supply chain, 5.9 Revenue management for:
Multiple customer segments, perishable assets, seasonal demand, bulk and spot contracts.
6. Coordination and technology in the supply chain: (6 Hours) 6.1 Co-ordination in a supply chain: Bullwhip effect.
6.2 Obstacles to coordination.
6.3 Managerial levers to achieve co-ordination, 6.4 Building strategic partnerships.
6.5 The role of IT supply Chain, 6.6 The Supply Chain IT framework, 6.7 CRM, Internal SCM, SRM.
6.8 The role of E-business in a supply chain,
6.9 The E-business framework, E-business in practice.
7. Emerging Concepts in supply chain management: Reverse Logistics; ( 4 Hours)
7.1 Reasons, Activities, Role.
7.2 RFID Systems; Components, applications, implementation. 7.3 Lean supply chains, Implementation of Six Sigma in Supply Chains.
8. Production and Operation Management (POM) (10Hours) 8.1 Production and operations strategy and interfaces:
production/operation function and the organization, production/operation strategy, planning and controlling, the operations, POM & financial management, POM in manufacturing and service environments
8.2 Plant and facilities: Location and design of the plant or facilities, layout of the facilities, equipment selection, maintenance of the facilities and equipment
8.3 Production systems, including identification of technical, economic, social, human components and characteristics in the system.
8.4 Forecasting techniques. Inventories, including role, measuring service level, inventory models and their application in distribution and manufacturing.
8.5 Aggregate planning of production levels and inventories, including master plan, materials requirements planning (MRP), detailed scheduling and sequencing, assembly line balancing.
8.6 Information and control systems for production operations. Project planning and control.
References:
1. Chopra , Sunil & Meindl , Peter; Supply Chain Management – 2001, Strategy, Planning & Operation. Pearson Education Asia, ISBN: 81-7808-272-1.
2. Handfield, Robert B, Nichols, Ernest L, Jr. 2002, Supply Chain Redesign – Transforming Supply Chains into Integrated Value Systems, Pearson Education Inc, ISBN: 81-297-0113-8
3. Shapiro , Jeremy F, Duxbury 2002, Modelling the Supply Chain- Thomson Learning, ISBN 0-534-37363
Evaluation Scheme:
The Questions will cover all the chapters in the syllabus. The evaluation scheme will be as indicated in the table below:
Unit Chapters Hour Mark
Distribution* 1 Introduction to supply chain Management 6 8
2 Designing the supply chain network 4 8
3 Facility location and network design 4 8
4 Inventory management and control 7 10
5 Sourcing, transportation and pricing products
4 8
6 Coordination and technology in the supply chain
6 8
7 Emerging concepts in supply chain management: reverse logistics
4 6
8 Production and operation management (POM)
10 24
Total 45 80
Group Work and Presentation II
IE604
Lecture: 1 Year: III Tutorial: 0 Part: I Practical: 0
Course Objective:
Group work and presentation is done each week. Students are divided into different groups and each group is given various topics related to the subject and given sufficient time to prepare. The students are made to make presentation in front of experienced lecturers. The main objective is to enhance the student’s interpersonal relationship along with personality and presentation skills.
During this semester students will focus their works on project idea development and theoretical design, which they later on can carry out in the project. More emphasize would be given on pre-feasibility studies, concept design aspects and business idea innovation.
6. Introduction to the subject, presentation skills and preparation of plan 1 hour
7. Group division and selection of topics for group work 1 hour 8. Developing methodology and preparation of contents 1 hour 9. Field visits and report preparation 8 hours
10. Presentation 4 hours
Evaluation Scheme
Each group has to prepare a report and submit two copies to the department before the presentation. The evaluation scheme for the subject will be indicated as below:
Theme Mark Distribution*
Students effort to collect information 5
Report 10
Presentation skills 10
Total 25
*There could be minor deviation in mark distribution.