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This subject is aimed at developing an advanced understanding of the principles, concepts and approaches employed in the management of supply chains between industrial, commercial, and governmental organisations. It includes the management of materials and information in trading partner relationships. It also includes cost-savings, time-to-market, new product development, and consideration of supply chain management in these and other strategic contexts. Strategic issues relevant to the management of supply chains are covered. These include management of trading partner relationships, use of information technology, configuration of logistics networks and managing international supply chains.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Understand the major factors driving the focus on more effective supply chain management practices;
- Appreciate the importance and role of inventory in determining overall supply chain performance;
- Be able to articulate the major factors that need to be considered when designing logistics networks;
- Be familiar with the theory and practice of supply chain integration;
- Understand the issues and challenges facing organisations managing activities involving trading partners in an international context;
- Understand the role and importance of information exchange in managing supply chains;
- Appreciate the strategic significance of alliances and cooperative partnering;
- Understand the need for coordinated product and process design within the firm, and between trading partners;
- Be familiar with a range of procurement and outsourcing strategies;
- Understand the role established and emerging enabling technologies are playing in re-defining the nature of trading partner relationships.
On successful completion of this subject, students should have improved the following generic skills:
- Develop policies and guidelines for management and coordination of information flows between trading partners, and within the firm
- Be able to analyse and recommend policies for deployment of inventories in supply chains
- Discriminate between procurement and outsourcing, and make judgements about their particular application in a strategic context
- Develop frameworks for the coordination of design of products and the integration of supply chain processes that will bring these products to market
- The ability to determine the role established and emerging enabling technologies can play individually and in combination to promote supply chain integration
Last updated: 18 June 2020