Meaning and scope of supply chain management, key issues in supply chain management, supply chain performance – achieving strategic fit.
Introduction to data collection, data aggregation, Transportation rate, mileage estimation, warehouse costs, potential warehouse locations.
Simulation models and optimization techniques – key features of a network configuration DSS.
Introduction to single warehouse inventory, the economic lot size model, the effect of demand uncertainty, supply contracts, multiple order opportunities, continuous review policy, variable lead times, periodic review policy, Centralized versus Decentralized systems: managing inventory in the supply chain.
Introduction – push, pull and push–pull systems, push based supply chains, pull based supply chain, push-pull supply chain. Identifying the appropriate supply chain strategy, implementing a push-pull strategy, centralized versus decentralized control, central versus local facilities.
Introduction to the dimensions of customer value, conformance to requirements, product selection, price and brand, value added services, strategic pricing and revenue management, customer value measures.