A supply chain consists of all parties involved in fulfilling a customer request. A supply chain may include manufacturers, suppliers, transporters, warehouses, retailers, customers, and also functions within an organization, such as marketing, operations and finance. Given such a broad scope and its importance in business, many companies have a whole department or job positions fully dedicated to supply chain management.
In this course, we study supply chains, with particular emphasis on its effective management and the overall increased value it contributes to businesses. Specific topics included in the course are: design of supply chains, networks, global supply chain, online sales, sales and operations planning, demand forecast, incentive alignment in a supply chain, supply chain inventory management, managerial levers to improve supply chain profitability, sourcing decisions, chain-level coordination, pricing and revenue management principles, transportation, and a brief overview on the key pillars of sustainability.
During the course, we will go through several applications/cases and guest lecture(s) to illustrate some of the important concepts and methodologies in supply chain management. Three compulsory assignments will be done individually or in groups.