BUS 6500 - Supply Chain Management3 lecture hours 0 lab hours 3 credits
Course Description
This course focuses on supply management strategies and supply chain design. We will examine the varied approaches to supply as it relates to product development, sourcing, logistics, coordination efforts, and performance measurements in a global setting. The objectives of this course are to build a basic understanding of supply strategy and supply base management, analyze and study approaches to some of the issues and problems encountered in supply chain management today, and outline potential areas and actions designed for improvements in performance. (prereq: admission to a graduate program)
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Identify the basic elements in a supply network, and understand trade-offs in supply network design
- Examine approaches to developing a supply network and analyze inputs and risks of various supply networks (comprehension)Identify drivers of supply chain performance and appropriate metrics of success
- Link the drivers to the success of supply strategy
- Analyze strategies for sourcing: including make vs. buy decisions, supplier evaluation, RFQ, pricing, total cost, etc., during procurement/product development process
- Analyze points of communication and integration, as well as causes of risk in the supply network - both during product development and ongoing supply - including effects of forecast/ERP
- Identify mechanisms to reduce inventory without hurting cost or product availability
- Compare and contrast various approaches to reduce total product lead time - including manufacturing, distribution, inventory, and logistics strategies
- Analyze sources of supply chain risk and explore strategies to help mitigate risk present in a global supply chain
- Compare and contrast pros/cons of global vs. local supply chains - including in-region/for-region sourcing strategies vs. global distribution
Prerequisites by Topic
Course Topics
Supply management basics
- Basic elements of a supply network
- Value chains
- Supply strategy as a competitive advantage in business strategy
Supply networks
- Supply network design
- Inputs to supply network
- Risks and benefits in various supply networks
Sourcing vs. purchasing
- Sourcing strategy and inputs to sourcing decisions
- Make v. buy inputs and decisions
- Supplier evaluation
Supply integration: product improvement and development
- Supply coordination
- Supplier partnerships and benefits
Supplier performance and improvement
- Supply chain metrics
- Supplier performance feedback
- Supplier development
Supply chain MRP
- Forecasting methods
- Demand variability
- Seasonality
- Supply chain lead times
Connected supply
- Methods of transparency
- Data management in supply
Supply chain inventory management
- Total product lead time
- Inventory management strategies
Logistics and distribution
- Warehousing and distribution strategies
- Design of distribution network
Global supply
- In region for region strategy
- Challenges in global supply chains
Supply chain risk
- Supply continuity risk
- Methods of risk mitigation
Supply management case study
- Application of supply management topics to real world supply situation
Coordinator
Stacey Novinski
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