IQRA UNIVERSITY

Executive Development Center SCM 511 – Supply Chain Management, Fall Term 2013

Course Tutor: Prof. Dr. Masood Sabzwari Office: Faculty Room (K8) Counseling Hours: An hour before class (Also by

appointment)

Supply Chain Management:

“The context of an integrated supply chain is multi-firm relationship management

within a framework characterized by capacity limitations, information, core

competencies, capital, and human resource constraints. Within this context, supply

chain structure and strategy results from efforts to operationally link an enterprise

with customers as well as the supporting distributive and supplier networks to gain

competitive advantage. Business operations are therefore integrated from initial

material purchase to delivery of products and services to end customers. Value

results from the synergy among firms comprising the supply chain with respect to

five critical flows: information, product, service, financial, and knowledge.

[Bowersox et al, 2010]”

Suggested Texts:

1. Wisner, J. D., Leong, G. K. and Tan, KC., Principles of Supply Chain Management,

Cengage Learning, 2009

2. Chopra, S., and Meindl, P., Supply Chain Management: Strategy, Planning, &

Operation, 2nd edition, Upper Saddle River, NJ: Prentice-Hall, Inc., 2004.

Supplementary Texts:

1. Bowersox, DJ, Closs, DJ & Cooper, MB, Supply Chain Logistics Management, 3rd,

McGraw-Hill Irwin, New York, 2010

2. Coyle, J. J. Bardi, E.J. and Langley Jr., C. J., ‘The Management of Business Logistics’,

Published by South-Western College Pub; 7 edition, 2002

Course Evaluation

Source Weightage Description

Class Assessments 10 % Multiple choice, short descriptive

questions

Assignments 10% As shown below

Hourly Exams 15% Based on MCQ and numericals

Midterm Examination 25% Midterm Examinations

Final Examination 40% Final Examination

Total 100% Total Marks: 100

SCM 511 – Supply Chain Management, Fall Term 2013 Course Outline

Topics to be covered

Learning Objectives of the topic

1. Introduction to Supply

Chain Management

The evolution of Supply Chain Management (SCM), purpose of

logistics systems, need for logistics improvements, development

of logistics and supply chain, component of logistics systems, value added inventory

Competitive advantage, value and productivity advantages,

Logistics/SCM competency, Inventory management policy, integrated logistics, Barriers to logistics integration,

Achieving strategic fit, understanding the customer needs regarding attributes of supply, responsive and functional supply

chains, Push/Pull View of Supply Chains

Video Film: Introduction to SCM

3 Information Technology

& SCM

Enterprise Resource

Planning, Material

Requirement Planning

Goals of supply chain information technology, Information

technology infrastructure, E-Commerce, Supply chain

management components. Application of information technology in SCM; ERP, MRP, SC

application software

3 Forecasting As assignment

4 Capacity Planning

Importance of Capacity Decisions, Capacity Strategy, Steps for

Capacity Planning, Capacity Expansion Strategies, Minimizing

Capacity Constraints

5 Location Logistics

Logistics planning triangle, strategic location of facilities, steps in

location decisions, factors in manufacturing, warehousing and

distribution centers locations, factors for global and regional location of facilities. Criteria for site selection, techniques for

location analysis

6 Partnerships/ Third

Party Logistics

/Outsourcing

Types of logistics relationships, Process Model for Logistics Relationship, driver and facilitator of relationship, process

methodology for forming and developing logistic relationship,

third party logistics (3PL), types of 3PL, collaborative relationship, advantages and disadvantages of 3PL, causes of

failure of logistics relationships, 4th party logistics

7 Procurement &

Sourcing

The fundamental aspects of sourcing, procurement as a strategic tool, benefits of effective sourcing decisions, procurement

perspective, total cost of ownership, procurement strategies, seven

basic procurement processes, supplier assessment factors

8 Inventory Management

& Control

Types of inventories, inventory control system, economic order

quantity, inventory costs

Cycle Inventory, Safety Stock Inventory, Anticipatory Inventory, Pipeline Inventory, inventory system models, multi-period

inventory and single period inventory models, fixed order quantity

model, price break model, ABC analysis, bin and optional

replenishment systems, Just in Time (JIT) inventory procedures, Bull whip effect,

Vendor Managed Inventory (VMI) > as assignment

9 Warehousing,

Transportation Mgmt.

As assignment

10 Marketing

Channels/Distribution

As assignment

11 Manufacturing:

Production Planning,

Lean Manufacturing &

JIT Manufacturing

Systems

Manufacturing System Design, Flexibility and Capacity Planning, System theory and manufacturing, lean manufacturing, JIT, Video

Films on Manufacturing and lean manufacturing.

12 Reverse Logistics As assignment

13 Supply Chain

Performance

Measurement &

Evaluations

Performance Measurement Perspective, Metrics and Key Performance Indicators (KPI), activity and process based

measures,

Internal Performance Measurement; cost, customer service and performance based measurements, External Performance

Measurement; customer surveys and benchmarking, perfect order

and causes of failure to deliver a perfect order

Measurement system for logistics performance; SC balance-

scorecard, Logistics Scoreboard, Supply Chain Council’s SCOR

model, measurement of overall chain efficiency, Video Film on SC Efficiency Measurement

Assignments

Assignment 1 Reverse Logistics Forward & reverse logistics (RL), strategic reverse logistics,

Reverse logistics vs. close-loop supply chains,

challenges of RL, environmental consideration of RL and green logistics

Assignment 2 Forecasting Importance of forecasting, prediction &

forecasting, qualitative & quantitative methods of forecasting, forecast accuracy

Video Film: Using Excel for Forecasting

Assignment 3 Marketing

Channels/Distribution

Nature & Importance of Marketing Channels,

Marketing Channel Functions, distribution

channel design, alternative channel

arrangements; multiple channels, non traditional channels, adaptive channels,

strategic alliances, Channel leadership,

conflict, and partnering, managing channel relationships.

Assignment 4 Vendor Managed Inventory The difference between Traditional Inventory

Managed and Vendor Managed Inventory (VMI), issues that must be considered to make

a Vendor Managed Inventory program

successful, Role of IT in VMI.

Assignment 5 Transportation management

or Warehouse Management

Types of warehouses, warehousing activities,

factors influence effective use of warehouses,

stock location methods.

Importance of transportation in logistic chain,

value added transportation, inter-modal transport, Transportation Decision Making in

an Integrated Supply Chain, Transportation

Role in Value Attainment Process, network

freight flows, modal selection and carrier management, factors influencing

transportation costs, efficient use of

technology and equipment in transportation.