Programme Details APSCM

A. Introducing Supply Chain Management

  1. Core Supply Chain processes: Customer Management Processes, Demand Management Processes (Balances the customers’ requirements with the firm’s capabilities and capacity (S&OP), Order Fulfillment Processes (Integrates manufacturing, logistics, and marketing plans), Manufacturing Flow Management Processes, Supplier Relationship Management Processes, New Product Development Processes, Reverse Logistics Processes
  2. Supply Chain Structure Design: Push, pull, postponement
  3. Supply Chain complexity- Alignment with Demand and Supply Uncertainty, Bull whip effect, reducing variability and buffering against variability, Handling uncertainty, tools for identifying causes of variability and improving supply chain capability
  4. Evaluating supply chain network strategy: capacity, technology, translating supply chain decisions into financial terms - Total Landed Cost, Total Cost of Ownership, Discounted cash flow analysis
  5. Information flow design:
    • Working with suppliers: procurement, auctions, risk sharing
    • Coordinating manufacturing: production planning, BOM, MRP/DRP
    • Collaborating with customers: aggregate planning, S&OP, bullwhip
  6. Risk & Resilience Development in Supply Chains
    • Causes and Classification of Disruptions
    • Responses and Preparation
    • resilience through redundancy, flexibility, trade-off curve between recovery and mitigation strategies

B. Demand Planning & Forecasting

  1. Forecasting metrics- MD, MSE, RMSE, MAD, MAPE, MPE
  2. Time Series Analysis- Level, trend & seasonality models- moving average, simple exponential smoothing, exponential smoothing with trend, damped trends, double exponential smoothing model for level & seasonality, Holt-Winter model for level, trend and seasonality
  3. Causal models- simple linear regression
  4. Croston’s Model for intermittent demand

C. Inventory Management

  1. Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders
  2. Single period inventory models – critical ratio, expected profit, expected units short
  3. Continuous review policy(s,Q) model & Periodic review policy (R,S) model using performance metrics (cycle service level and item fill rate) and stockout cost metrics (cost per stockout event and cost per item short)
  4. Special issues- exchange curves, grouping like items, location pooling

D1. Logistics

  1. Freight transportation- modes and their selection, impact on inventory
  2. Packaging- Primary, Secondary, & Tertiary levels, containers
  3. Warehousing- design, operations heuristics, material handling, WMS

D2. Global Supply Chain Management

  1. Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.
  2. International Transportation, landed cost analysis
  3. Trading blocks, Trade Zone, Bonded warehouses, ICD.
  4. Currency fluctuations, exchange rate risks, Transfer Pricing, permanent establishment

E. Modelling & Analytic Tools

  1. Supply chain network design
  2. Facilities location & Vehicle routing models
  3. Process mapping
  4. System dynamic tools (causal loop diagrams, stock and flow diagrams, behaviour over time charts)
  5. Introduction to database management concepts and tools
  6. Introduction to machine learning concepts and tools

F. Designing & Managing Channel Partners – Distribution

  1. Role of Distribution Channels
  2. Product Life Cycle and Distribution Challenges
  3. Managing Customer Relationships
  4. Measuring Channel Performance
  5. Managing Channel Conflict

G. Procurement and Sourcing Management

  1. Development of Supply Strategies
  2. Purchasing Performance Evaluation
  3. Supplier Price & Cost Analysis, Value Analysis

H.Special Topics in SCM

  1. Quality Management, Six sigma & Lean Management Concepts
  2. E-commerce 
  3. ERP 
  4. Recent Advances in Technology
  5. Taxation & supply chains
  6. Legal Aspects of Purchasing, Sourcing & Contracts

I: Topics in Fundamentals of Management Theory

  1. Finance

    Conceptual framework of financial reporting; Corporate Financial Statements: Balance Sheet; Profit and Loss Statement; Cash Flow Statement Analyzing Financial Statements; Financial Ratios

  2. Marketing

    Core Concepts of Marketing, Segmentation, Targeting and Positioning Decisions Elements of Marketing Mix: Product Decisions, Price Decisions, Placement Decisions and Promotion Decisions

  3. Strategy

    Strategy & Strategic management process
    Evaluating firms’ external and internal environments Business-level & Corporate strategies

  4. Organization Structure and design

  5. Microeconomics concepts

    Demand-supply Analysis, Elasticity, Opportunity Cost, Production Costs, Firm Behavior, Perfect Competition, Monopoly, Pricing Strategies

  6. International Trade

    Theories of international trade, Trade pattern across the world- trade and investment linkage through production networks Trade policy instruments-tariff, quota and other measures WTO and Trade Blocks