Supply Chain Analytics (BUSA90521)

Intended learning outcomes

On completion of this subject, students should be able to:

• Understand supply chain management metrics commonly used.
• Model the impact of quantity discounts and other trade promotions on order quantities.
• Balance the appropriate costs to choose the optimal ordering policies in a supply chain.
• Determine the level of safety inventory to achieve desired levels of product availability.
• Use managerial levers that improve supply chain profitability through the achievement of optimal service levels.
• Develop appropriate supply chain contracts that will increase the overall supply chain profitability through improved coordination.
• Evaluate various transportation network design options on their relative strengths and weaknesses and make the right choice.
• Use optimisation for facility location and capacity allocation decisions.
• Explore how demand can be adjusted to match supply using revenue management techniques.
• Devise strategies based on the concept of risk pooling to mitigate the consequences of uncertainty.

Generic skills

• High level of development: problem solving; statistical reasoning; application of theory to practice; interpretation and analysis; synthesis of data and other information; evaluation of data and other information; use of computer software; accessing data and other information from a range of sources.
• Moderate level of development: written communication; critical thinking; receptiveness to alternative ideas.
• Some level of development: collaborative learning; team work