BMA5271 Supply Chain Mgmt


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BMA5271 Supply Chain Mgmt

  1. 1. BMA5271 - SUPPLY CHAIN MANAGEMENT Created: July 22, 2008 Module Code BMA5271 Module Title SUPPLY CHAIN MANAGEMENT Semester Semester 1, 2008/2009 Modular 4 Credit(s) Department Decision Sciences Teaching Staff Adjunct Professor SHEILA WANG Lecturer Aims & Objectives | Prerequisites | Schedule | Synopsis | Assessment | Text & Readings |Workload AIMS & OBJECTIVES Supply Chain Management has been identified in today's corporations as the new competitive edge. What is a Supply Chain? Why is it important to the success of corporations? How do cross functional organizations operate effectively in a supply chain? What are the supply chain successes and challenges in various worldwide corporations and why? These are some of the examples of discussions this course will address to help participants make effective management decisions. The objectives in this course is to allow the student to: • Increase one’s knowledge in the subject of supply chain management with an integrated approach dealing with the various components which make up the spectrum of supply chain management. • Develop a solid knowledge required for systematic analysis of corporations’ supply chain networks and management. • Through learning the analytical tools and pragmatic case studies to enable one to apply the acquired supply chain management knowledge in real life corporate practices. • Enhance one’s thinking process and problem analysis approach in dealing with supply chain management issues and the optimization of a supply chain process. • Increase one’s value contribution in the subject of supply chain management through acquiring an understanding and application of the various components of supply chain management and the value creation of good supply chain management. Through discussions of theories and business case studies, this course aims at providing participants the necessary knowledge to build a solid understanding on the topic of Supply
  2. 2. Chain Management and to make effective decisions in Supply Chain Management. PREREQUISITES Prerequisites: BMA5002 Analytics for Managers Students should also have a basic knowledge of quality management. This course will involve case studies. Students are expected to be prepared with pre-class case readings and be prepared in class discussions. SCHEDULE Session 1 Aug 15: Course Overview and Administrative Items. Introduction to Supply Chain Management After Class Reading: Chapter 1 Session 2 Aug 22: Introduction to Supply Chain Management (continued)/ Inventory Management and Risk Pooling After Class Reading: Chapter 2 Session 3 Aug 29 : Network Planning/ The Value of Information After Class Reading: Chapter 3, 5 Case Due: Meditech Surgical (Group TBD) Session 4 Sept 5: IBM i2 Supply Chain Management Lab (class meet in Engineering Bldg) Session 5 Sept 12: Supply Chain Contracts/ Supply Chain Integration After Class Reading: Chapter4, 6 Case Due: TBD (Group TBD) Session 6 Sep 19: Industry Speakers Panel “World-class Strategic Procurement” by a select panel of companies Sept 26: NUS recess week Session 7 Oct 3: Distribution Strategies/ Strategic Alliances/ Procurement and Outsourcing Strategies After Class Reading: Chapter 7, 8, 9 Case Due: TBD (Group TBD) Session 8 Oct 10: Coordinated Product and Supply Chain Design After Class Reading: Chapter 11 Case Due: TBD (Group TBD) Session 9 Oct 17: Customer Value /Smart Pricing After Class Reading: Chapter 12, 13 Case Due: TBD (Group TBD) Session 10 Oct 24: Information Technology and Business Processes/ Technology
  3. 3. Standards After Class Reading: Chapter 14, 15. Case Due: TBD (Group TBD) Session 12 Nov 7: Group Term Project Due Session 13 Nov 14: Group Term Project Due (continued) Nov 21: Reading Week, No Class Dec 3 (Wed): Final Exam SYNOPSIS Globalization and fierce business competition have directed companies to look for new competitive edge. Supply Chain Management – the management of a network of activities required in fulfilling a customer’s request; such networked business elements include manufacturing locations, sourcing and procurement, logistics, inventory, distribution, and information management, is this new found corporate competitive edge. To compete effectively in today’s business environment, items are produced at one or more factories utilizing the optimal production method, and sometimes outsourced. Logistics systems, including transportation, warehousing, and distribution must be efficient to meet customer delivery requirements. Information systems have evolved to integrate all functions’ interactions while proving, in some corporations, a new paradigm in conducting and winning business. Consequently, to reduce overall cost while meeting customer commitments require all these various business elements to interact in an efficient and optimized manner. It is in the topic of Supply Chain Management that we explore the various business elements, establish a solid foundation and understanding of systematic tools, and acquire pragmatic knowledge of the applications. Throughout the semester, we will use a systematic approach and address each of the Supply Chain Management areas as follows: • Optimized logistics network • Inventory management and supply contracts • Information technology for supply chain management and e-business • Supply chain integration • Procurement and outsourcing strategies • Cost effective distribution strategies • International issues in supply chain management
  4. 4. ASSESSMENT Class Participation 20% Class Case Analysis and Presentation 10% Supply Chain Lab Exercise 10% Group Term Project 20% Final Exam 40% Class Case Analysis and Presentation is due in groups. Each group is supplied a case study or a problem situation to analyze, prepare and present to class in the next class session. See assignment submission requirement on report format. Supply Chain Lab Exercise is due in groups. By utilizing the IBM On-Demand lab running the i2 supply chain software, each group is to submit solutions to the given lab exercise. Group Term Project is due in groups. Each group is assigned a term case project to analyze, prepare and present to class at the end of the term. The report and presentation are due at the beginning of class on Nov. 6th; submit via IVLE. See assignment submission requirement on report format. Assignment Submission Requirement: The group is to submit a report of no more than 10 pages (inclusive of executive summary, table of contents, case/situation background and problem identification, literature review, methodology, analysis and findings, conclusion and recommendation, reference) and a power point presentation at the beginning of class. The group is allowed 30 minutes to present its case and findings to the class. Following the presentation, the floor is open for Q+A and class discussion. Each group is assessed by the following criteria: – Problem statement and situation analysis (20%) – Methodology, identification of assumptions, and analysis (20%) – Recommendation and action plans (20%) – Professionalism in report presentation (10%) – Oral presentation (20%)
  5. 5. – Handling of Q + A (10%) TEXT AND READINGS Title & Author Edn/Year/ISBN Publisher COMPULSORY READINGS Designing and Managing the Supply Chain: Edition: 3rd McGraw Concepts, Strategies, and Case Studies edition Hill David Simchi-Levi, Philip Kaminsky, Edith Simchi-Levi Year: 2008 ISBN: 978-0-07-110750- 1 Mandatory Text WORKLOAD 3 lecture hours per week. 0 tutorial hours per week. 6 lab hours per module. 7 hours for preparatory work, projects, case studies by a student/group per week. Aims & Objectives | Prerequisites | Schedule | Synopsis | Assessment | Text & Readings |Workload