BUS 6500 - Supply Chain Management

3 lecture hours 0 lab hours 3 credits

• 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

• None

• 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