Preparation for Logistics and Supply Chain

A.Introducing Supply Chain Management
1. Core Supply Chain processes
2. Supply Chain complexity- Bullwhip 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. Integrated Planning Foundation
2. Supply Strategy
3. KPIs for integrated sourcing

I. Special Topics in SCM
1. Quality Management, Six sigma & Lean Management Concepts
2. Recent Advances in Technology
3. Taxation & supply chains
4. Legal Aspects of Purchasing, Sourcing & Contracts

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.E-Commerce

• Best E-Commerce practices
• E-commerce business models and their sustainability under crisis situation.

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.