Prerequisite knowledge required for this course: Supply Chain Management.
4. COURSE CONTENT Part I: (14 Sessions) (Imp. Instruction: Before start of the sessions, the student-participants are required to thoroughly review the earlier covered topics on Inventory, Bullwhip Effect and Risk Pooling.) I A. Measuring supply chain performance (2 secessions Books: Supply chain engineering; Chapter 2) · Relationship between Inventory measure and Financial metrics · Measuring SCOR model through data · Design-chain operations reference model 1B. Mathematical calculation of Risk pooling and Bullwhip effect (3 secessions; Books: Supply chain engineering, Chapter 5; Research article.) · Determine Risk pooling effect through sample data · Effect of risk pooling under demand uncertainty · Practical use of Risk pooling · Modelling and measuring Bullwhip effect through sample set · Ripple effect 1 C. Power-two policy and Multi-echelon Cycle Inventory (2 sessions; Book: Principle inventory management by Muckstadt, Chpter 3.) · Basic framework of Power-two-policy (PO2) in Inventory management. · PO2 policy for Single stage-system · Managing Multi-echelon Cycle Inventory I D. System dynamic modelling (2 sessions, Source: Research article) · Application of System dynamics (causal loop diagrams, stock and flow diagrams, behavior over time charts) in supply chain I E. Digital supply chain management (2 sessions; Source: Research article.) · Definition of digital supply chain · Feature of DSC · Benefit of DSC · Supply chain design for boosting resilience. · Application of IoT, Industry 4.0, and Block Chain in supply chain IF. Supply chain contracts (3 sessions; Source: Simchi-Levi etc book and research article.) · Introduction to Supply contract · Determine various types of supply chain contract such as buy-back contract, revenue sharing contract, Quantity flexibility contract, Portfolio contract, option theory contract in supply chain etc. · Contract with Asymmetric information Part II:(5 Sessions)
II A. Health care and tourism supply chain (2 sessions, Source:: Research article) · Introduction on healthcare supply chain management · Challenges in healthcare supply chain management · Difference between traditional supply chain and Tourism Supply chain II B. Financial supply chain management (2 sessions, Source: Research article) · Understanding of financial supply chain management · Trade-credit in supply chain management · Application of factoring and reverse factoring in supply chain management II C. Retail supply chain management (1 session, Source: Fashion retail supply chain management by Choi, Chapter 1, 2, and 3) · Fashions retail supply chain management · Customer service management in fashion retail supply chain