introduction to supply chain management - upes
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Course Objectives
a) To develop an understanding of basic concepts and role of Logistics and supply chain management in business.
b) To understand how supply chain drivers play an important role in redefining value chain excellence of Firms.
c) To develop analytical and critical understanding & skills for planning, designing and operations of supply chain.
d) To understand, appraise and integrate various supply chain strategies.
Course Outcomes On completion of this course, the students will be able to: 1. Understand the fundamentals of elements and functions of supply chain, role of drivers and
demand forecasting. 2. To apply various techniques of inventory management and their practical situations. 3. Analyze how supply chain decisions related to facility location can be applied to various
industries and designing the supply chain. 4. How various warehousing management system and transportation can be practiced in various
industries? 5. How logistics and supply chain strategies can create value generation and utilise IT applications 6. How supply chain performance can be measured using various models?
Catalog Description Logistics & Supply Chain concerned with the efficient flow of materials, products, and information within and among organizations. Supply chain management involves the integration of business processes across organizations, from material sources and suppliers through manufacturing and processing to the final customer. The program provides students with the core knowledge related to a wide variety of supply chain activities, including demand planning, manufacturing planning and control, purchasing, transportation management, warehouse management, inventory control, material handling, product and service support, information technology, and strategic supply chain management. The program takes a balanced approach to supply chain education, requiring courses in operations, logistics, and purchasing for all students.
The major builds an understanding of how logistics and transportation are managed by connecting students to business logistics in the field through interactions with executives in the classroom. Students will be skilled in identifying the critical service and cost factors when making business
LSCM 7002 Introduction to Supply Chain Management L T P C
Version 1.0 3 1 0 4
Pre-requisites/Exposure Graduate Level Business & Management Knowledge
Co-requisites
logistics decisions, and students will be equipped with the skills to make the effective logistics decisions.
Course Content
Unit I: 12.0 lecture hours Introduction to Logistics Management - Definition of Logistics, Scope of logistics, Logistics –a system concept, Objectives of Logistics management. Understanding the Supply Chain- Supply Chain-definition, Elements of supply chain, Objective of supply Chain, Importance of Supply chain decisions, Functions of Supply Chain, Process views of supply chain, Fisher Framework, Hau L Lee – Triple A Supply Chain. Supply Chain Performance: achieving Strategic fit & scope- Competitive & Supply Chain Strategies, Achieving strategic fit, Expanding strategic scope, Challenges to achieve and maintain strategic fit, Supply chain management vs logistic management, Supply chain vs Value chain. Designing the supply chain network- Role of distribution in the supply chain, Factors influencing distribution network design, Design options for a distribution network.
Unit II: 10.5 lecture hours Supply chain drivers- Functional drivers of supply chain performance a) Facilities Location (Factors affecting facility location decision, Metrics for facility location decision) b) Inventory Management (Objective of Inventory Management, Types of Inventory, Inventory Associated Costs) c) Transportation (Introduction to Modes of Transportation, Importance of various modes and their comparison/application, Trends and Growth in Development of Transport, Transporting Energy Commodities); Cross-functional drivers a) Sourcing (The role of sourcing in supply chain, Total Cost of Ownership, Supplier Selection) b) Pricing ( Role of pricing and revenue, Pricing and revenue management for Bulk, Perishable and agriculture produce, Pricing Strategies practiced by Retail) c) Information. Unit III: 6 lecture hours Demand Forecasting- Definition, Quantitative Methods, Regression Analysis, Exponential Smoothening, Introduction to Time series Analysis, Qualitative Methods, Delphi Technique, Expert Opinion, Role of IT in forecasting
Unit IV: 6 lecture hours Inventory management- Definition of Inventory, Inventory types & functions; EOQ Model and Buffer Stock, Assumptions, Instantaneous Replenishment case, Demand and production rate are different, When backorders are allowed, Buffer Stock and ROL. Inventory Control- ABC Analysis, VED Analysis
Unit V: 3 lecture hours Warehouse Management- Warehouses- types and functions, Warehousing-site selection, layout, decision, Warehousing-costing, strategies, Performance parameters, Cold chain infrastructure, Role of CWC and FCI.
Unit VI: 3 lecture hours Transportation modes- Rail, road, Waterways & airways, Evolution of Transportation system, Transportation infrastructure, Role of TMS, Transportation Decisions. Introduction to 3PL & 4PL- Role of 3 PL companies, Importance of 4 PL companies.
Unit VII: 6 lecture hours
IT in supply chain (Information)- Role of IT in a supply chain, The supply chain IT framework, Application of Bar coding, Significance of SAP/RFID, The future of IT in the supply chain, Supply chain IT in practice, TMS (Transport Management System), WMS (Warehouse Management System),Bullwhip effect, Security issues in IT
Unit VIII: 1.5 lecture hour Green Supply Chain & performance measurement- Green Supply chain, Reverse logistics, KPIs for manufacturing, warehousing and Distribution; SCOR Model.
Text Books a) Supply Chain management- Strategy, Planning & Operation-6th edition; Chopra, Meindl & Kalra(2016) Pearson Education
Reference Books a)Supply Chain Management: Text and cases Shah, J. (2009) Pearson, New Delhi.
b) Logistics Management- The Supply Chain Imperative Sople V. Vinod , Pearson Education
c) Business Logistics/Supply Chain Management Ballou Srivastava, Pearson Education
d) Logistics and Supply Chain Management Christopher, M (1992) Pitman Publishing, London.
e) Logistics and Supply Chain Management Cases and Concepts Raghuram, Rangaraj MccMillan
f) Supply Chain Management N. Chandrasekaran Oxford
g) Supply Chain Management Pankaj Madan Neeraj Anand Global Academic Publishers & Distributors
h) Supply Chain Logistics Management-2nd Edition Bowersox, Closs, Cooper McGraw Hill
Modes of Evaluation: Quiz/Assignment/ presentation/ extempore/ Written Examination Examination Scheme:
Components Quizzes Case Study
Group Project Presentation/Assignment/ etc
ESE
Weightage (%) 15 10 25 50
Relationship between the Course Outcomes (COs) and Program Outcomes (POs)
Mapping between COs and POs
COURSE OUTCOMES ( COs )
POs
CO 1
Understand the fundamentals of elements and functions of supply chain, role of drivers and demand forecasting.
PO 1,2, 3,4,7,8,9,10, 11,13, 14
CO 2
To apply various techniques of inventory management and their practical situations.
PO 1,2, 3, 7,8,9,10, 11,14
CO 3
Analyze how supply chain decisions related to facility location can be applied to various industries and designing the supply chain.
PO 1,2, 3, 8,9,10, 11, 13,14
CO 4
How various warehousing management system and transportation can be practiced in various industries?
PO 4,5, 8,12,13, 14
CO 5 How logistics and supply chain strategies can create value generation and utilise IT applications
PO 1,2,3,7,8,9
CO 6 How supply chain performance can be measured using various models?
PO 1,3,4,5,9,10,11
Program Outcome / Course Outcome mapping
Course
Outcomes
CO 1 CO 2 CO 3 CO 4 CO5 CO 6
PO 1 3 3 3 2 3 3
PO 2 3 3 3 2 3 3
PO 3 3 3 3 2 3 2
PO 4 3 1 1 3 3 3
PO 5 2 2 1 3 1 3
PO 6 1 1 1 1 1 1
PO 7 3 3 1 2 2 1
PO 8 3 3 3 3 3 1
PSO 9 3 3 3 1 1 2
PSO 10 3 3 3 2 1 2
PSO 11 3 3 3 2 2 3
PSO 12 1 1 1 3 2 3
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Course Code
Course Title
PO 1
PO 2
PO 3
PO 4
PO 5
PO 6
PO 7
PO 8
PSO 9
PSO 10
PSO 11
PS12
PSO 13
PSO14
LSCM 7002
Introduction to Supply Chain Management
3
3
3
2
2
1
3
3
2
2
3
2
3
3
1 – Weakly mapped 2 – Moderately mapped 3 – Strongly mapped
Model Question Paper
Name:
Enrolment No:
Course: LSCM 7002 – Introduction to Supply Chain Management Programme: M.B.A (LSCM) Semester: July – Dec. 2017 Time: 03 hrs. Max. Marks: 100 Instructions: Attempt all questions from Section A (1. each carrying 1 marks; 2. Each 2 marks); any Two Questions from Section B (each carrying 10 marks). Section C any two from three (carrying 30 marks); Section D is compulsory (carrying 30 marks).
Section A (All Questions are Mandatory)
i) Shortage cost, FOB, Containerization, Ports [1] CO4
ii) CIF means……………………………………………………………………. [1] CO2
iii) ……………………..is used for testing quality of milk. [1] CO3
iv) ……………..airport has been developed as the first PPP airport in India. [1] CO1
v) C class items have ………………………volume and ……………value in inventory. [1] CO4
vi) Honeywell has developed …………………………….software for IOCL lubricants. [1] CO2
vii) According to …………..theory, …transportation cost……….is directly proportion to…………………distance travelled…
[1] CO4
viii)
SIPOC stands for……………………………………………………………………… [1] CO5
ix) ……………… levels are important in case of FSN analysis for inventory control. [1] CO6
x). ………………..Coefficient is used in case of Exponential Smoothing method. [1] CO1
Section A (2 Marks definitions )
2 a)
Cross-functional Drivers
[2] CO1
b) Cross-docking Vs Consolidation
[2] CO2
c) VMI [2] CO3
d) Delphi Technique [2] CO5
e) Costs associated with Inventory [2] CO4
SECTION B (Attempt any Four Questions) 3. Discuss applications of TMS [5] CO4
4. An industrial products manufacturer for one of its sub-assembly items P, requires 600 units per month. It costs him Rs. 6000 to place one order, inventory carrying cost is 20%, and 15% are incurred in overheads for carrying items and the procurement cost per unit is Rs. 40. What would be optimal Cost and EOQ?
[5]
CO7
5. Describe Transportation driver of supply chain with examples from manufacturing sector. Support your answer with appropriate live examples.
[5] CO4
6. Discuss various Supply chain strategies practiced by e-commerce companies. [5] CO6
7. Discuss quantitative methods of demand forecasting and which method is suitable for forecasting new product.
[5] CO3
SECTION C (Attempt any Two Questions) 8. 9.
Solve the following using ABC analysis. Briefly discuss the steps involved in the process and draw the graph depicting A,B and C class items.
PART UNIT COST (Rs.) ANNUAL USAGE (Qty)
A 80 105
B 320 42
C 25 120
D 90 60
E 28 120
F 15 190
G 10 170
H 310 40
I 440 50
Determine the optimum location for the following problem:
CO2, C06
Location Score 0 to 100 Factors Weightage A B C Raw Material 0.35 70 50 65 Labour 0.25 60 60 40 Fuel 0.15 85 65 70 Aux. equipment 0.05 60 70 80 Land 0.20 55 85 50
CO5
10. Enumerate various methods of deciding a location for any facility. Describe the following:
a) Discuss practices followed by McDonald for cold chain.
b) Significance and Implementation of WMS.
c) Discuss key performance indicators for warehousing and forecasting.
15
CO2
CO6
CO9
SECTION D
Case Study McDonald: Supply Chain Strategies (Attempt the questions
given at the end)
11. a) Discuss the critical success factors in case of McDonald.
[10] CO6,11
b) Discuss the role of procurement. [10] CO8
c) What Supply chain strategies company is practicing for being competitive?
[10] CO9
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