Advanced Programme in Supply Chain Management (APSCM) f

A.   Introducing Supply Chain Management

1.    Core Supply Chain processes

2.    Supply Chain complexity- Bull whip effect, Handling uncertainty,

 B.    Supply Chain Strategy 

1.    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

2.    Supply Chain Structure Design: Push, pull, postponement

3.    Supply Chain Governance: Contracts and Relationships

4.    Risk and Resilience in Supply Chains

 C.    Demand Planning & Forecasting 

1.    Introduction to Demand Forecasting and Forecasting Accuracy

2.    Forecasting: Time Series Methods

3.    Forecasting: Causal Methods

4.    Forecasting for New Products

5.    Demand Planning: Matching Demand and Supply

 D.   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

 E.      Logistics and Global Supply Chain Management 

1.    Freight transportation- selection and its impact on inventory

2.    Warehousing- design, operations heuristics, material handling

3.    Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.

4.    International transportation, Trading blocks, Trade zones, Bonded warehouses

     5.   Currency fluctuations, exchange rate risks, Transfer Pricing, permanent establishment

 F.    Modelling & Analytics Tools 

1.    Optimization Models for Supply Chain Decision Making

2.    Simulation for Decision Making

3.    Decision Making under Uncertainty: Decision Tree Analysis

4.    Supply Chain Analytics

G. Designing & Managing Channel Partners – Distribution 

1.  Product Life Cycle and Distribution Challenges

2. Managing Customer Relationships

3. Measuring Channel Performance

4. Managing Channel Conflict

H.  Procurement and Sourcing Management

1.    Development of Supply Strategies

2.    Purchasing Performance Evaluation

3.    Supplier Price & Cost Analysis, Value Analysis

4.    Legal Aspects of Purchasing, Sourcing & Contracts

I. Special Topics in SCM 

1.    Quality Management, Six sigma & Lean Management Concepts

2.    Recent Advances in Technology

3.    Taxation & supply chains

 J. Topics in Fundamentals of Management Theory

J1.Finance:

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

J2. Ecommerce:

Best E-Commerce practices

E-commerce business models and their sustainability under crisis situations

J3.Strategy:

Strategy & Strategic management process

Evaluating firms’ external and internal environments Business-level & Corporate strategies

J4.Negotiations:

J5.Microeconomics concepts:

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

J6.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

 Participants are expected to take up group projects in areas of supply chain management related to their companies.