Description
This course examines the modern concept of optimizing the entire supply chain, from raw material to customer. It considers each element going into supply chain management, including forecasting and planning, inventory, transportation, facilities and product availability. Throughout, it identifies pressures to sub-optimize the supply chain, as each player attempts to optimize its own segment of the supply chain.
Prerequisites
Materials
Required:- Designing & Managing the Supply Chain, 3rd ed. David Simchi-Levi, Philip Kaminsky & Edith Simchi-Levi, McGraw Hill Irwin, 2007
Course Learning Outcomes
Upon successful completion of this course, the student will:
- Obtain an understanding of the issues current interest in optimizing entire supply chains.
- Have an understanding of supply chains and the issues involved.
- Be able to analyze a supply chain and suggest ways it could be improve.
- Have an understanding of the major tools used to analyze and improve supply chains.
Course Topics
- Supply chain management
Global optimization
Uncertainty
- Logistics network configuration
Transportation networks
Simulation models
- Inventory management and risk pooling
Forecasting methods
- Information
Bullwhip effect
- Supply chain integration
Push/pull
Distribution strategies
- Supply chain management
3PL
RSP
DI
- Procurement and outsourcing strategies
Make/buy decisions
- International issues
- Coordinated product and supply chain design
Concurrent and parallel processing
Mass customization
- Customer value and supply chain management
Issues
Measures of customer value
- Information technology and supply chain management
- Decision support systems
Modeling
- Putting it all together
Prerequisites by topic
- Understanding of operations
Laboratory topics
Course topics by day
ACCE content
| General Education |
Math & Science |
Business & Mgmt. |
Construction | Construction Science |
|---|
| 0 | 0 | 0 | 0 | 0 |
ABET/EAC content
| Engineering topics |
Design |
General education |
Math/Science | Other |
|---|
| 0 | No |
0 | 0 | 0 |
ABET/TAC content
| Communications |
Math & Science |
HU/SS |
Tech Content | Other |
|---|
| 0 | 0 | 0 | 0 | 0 |
Coordinator
Bruce Thompson, Professor, Program Director, MSEM
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