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ADVANCED PROGRAMME IN SUPPLY CHAIN MANAGEMENT (APSCM)

  • USD 5,594

  • blended
  • India (Kolkata) | and Online
  • Date not specified
  • Certificate

The programme offers highly structured and robust approach to decision making in supply chains. State-of-the-art analytical models are combined with intuitive arguments in the classroom to improve the supply chain decisions. Discussions on cross-functional issues broaden the perspective and add to the rigor of the course. Participants graduating from this program are expected to move into senior roles in supply chain management in areas including strategic sourcing and procurement, logistics and distribution management, retailing, e-commerce, product management, production planning, and other allied areas of supply chain.

Program Benefits

To equip managers and practitioners with the concept and practices of SCM which will help them deliver corporate success through a more efficient coordination with their suppliers, and customers. The programme has been designed to suit the requirements of managers involved in SCM operational activities like procurement, production planning, logistics planning and sales & distribution planning, and strategic activities like vendor selection and management, SCM network optimization, and product/process re-design for SCM. The role of logistics and supply chain managers is progressively shifting from supply focused to demand focused owing to the increasing competitiveness of the business environment. This unique programme has been designed by experts at IIM Calcutta to enable these managers to be adequately skilled to rise up to the expectations of their firms. Further to enable supply chain practitioners comprehend and leverage the business environment as well as equip them with skills to assume greater responsibilities cross-functionally, the programme includes topics on fundamental aspects of management theory..

Who Should Attend

This programme is specially designed for managers who plan to further their career in logistics or supply chain areas in both service and manufacturing organizations.

Faculty

Megha Sharma
Associate Professor, Operations Management

*Program faculty is subject to change

Curriculum

A. INTRODUCING SUPPLY CHAIN MANAGEMENT

  • 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
  • Supply Chain Structure Design: Push, pull, postponement
  • 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
  • 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

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
  • 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

  • Forecasting metrics- MD, MSE, RMSE, MAD, MAPE, MPE
  • 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
  • Causal models- simple linear regression
  • Croston’s Model for intermittent demand

C. INVENTORY MANAGEMENT

  • Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders
  • Single period inventory models – critical ratio, expected profit, expected units short
  • 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)
  • Special issues- exchange curves, grouping like items, location pooling

D1. LOGISTICS

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

D2. GLOBAL SUPPLY CHAIN MANAGEMENT

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

E. MODELLING & ANALYTIC TOOLS

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

F. DESIGNING & MANAGING CHANNEL PARTNERS – DISTRIBUTION

  • Role of Distribution Channels
  • Product Life Cycle and Distribution Challenges
  • Managing Customer Relationships
  • Measuring Channel Performance
  • Managing Channel Conflict

G. PROCUREMENT AND SOURCING MANAGEMENT

  • Development of Supply Strategies
  • Purchasing Performance Evaluation
  • Supplier Price & Cost Analysis, Value Analysis

H.SPECIAL TOPICS IN SCM

  • Quality Management, Six sigma & Lean Management Concepts
  • E-commerce 
  • ERP 
  • Recent Advances in Technology
  • Taxation & supply chains
  • Legal Aspects of Purchasing, Sourcing & Contracts

I: TOPICS IN FUNDAMENTALS OF MANAGEMENT THEORY

Finance

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

Marketing

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

Strategy

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

Organization Structure and design

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

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

Upcoming

Indian Institute of Management Calcutta

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