|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
Emerging trends in globalization and renewed emphasis on operations as a source of competitive advantage have led to organisational changes that focus on inter-functional coordination, often spanning several firms in the supply chain. This course discusses recent developments in manufacturing-marketing-supply chain linkages and studies operational decisions that make such interfaces efficient and effective. It explores inter-functional dependencies, sources of conflicts, and on effective managerial decision making paradigm. The course principles are based on the premise that an organisation can become globally competitive when all elements that comprise its supply chain network are efficient and decision making is coordinated across the chain. The course will present in detail issues related to market-led operations, managing supply and distribution channels, and methodology.
Intended learning outcomes
On completion of this subject, students should be able to:
- Analyse real-world supply chains and evaluate their consistency of the supply chains with the firm strategy.
- Develop detailed analytical models for designing periodic and continuous review inventory systems.
- Utilize managerial levers available to lower safety inventory and improve product availability.
- Identify the factors affecting the optimal level of product availability and evaluate the optimal service level.
- Design incentives for improved inter-firm and intra-firm coordination of activities in a supply chain.
- To design logistics systems and formulate integrated supply chain strategy.
- To develop models to minimize the demand-supply mismatch costs using quick-response with reactive capacity.
- To develop robust approaches for minimizing bullwhip effect.
- Tackle challenges in ethical sourcing in global supply chain networks.