Supply Chain & Logistic Management Notes
Subject Overview
The third Operations Management group elective, covering the strategic framework for analyzing supply chains, designing the supply chain network, planning and managing inventories/
Subject at a glance
4
Units
27
Topics
4
Credits
4
Infographics
Unit-wise Syllabus
4 units — open any unit for detailed topic-wise notes, diagrams and important exam questions
- Supply chain stages and decision phases
- process view
- supply chain flows
- competitive and supply chain strategies
- drivers of performance (inventory, transportation, facilities, information)
- obstacles to achieving fit
Facilities
Where things are made and stored
Inventory
How much to hold
Transportation
How goods move
Information
Data that coordinates decisions
Sourcing
Who supplies
Pricing
How demand is shaped
Study guide
This unit covers supply chain stages, decision phases, flows, strategies, performance drivers (inventory, transportation, facilities, information) and obstacles. Map the supply chain of one product.
- Distribution networking role and design
- SCN factors and design decision framework
- facility location and capacity allocation models
- impact of uncertainty on SCN
- discounted cash flow analysis
- decision trees
- 1Supply chain strategy
- 2Regional facility configuration
- 3Desirable sites
- 4Location choices and capacity allocation
- 5Evaluate with DCF and decision trees
Study guide
You study network design, distribution networking, location and capacity models, uncertainty, DCF and decision trees. Evaluate two location options.
- Multi-echelon cycle inventory management
- safety inventory determination
- optimum product availability
- sourcing role and supplier selection
- design collaboration
- role of transportation and modes
Road
Door-to-door, flexible
Costly over long distances
Rail
Cheap for bulk, long distance
Fixed routes
Sea
Lowest cost for heavy cargo
Slow
Air
Fastest
Most expensive
Pipeline
Continuous, low cost for liquids and gas
Very limited use
Study guide
You study multi-echelon cycle inventory, safety inventory, product availability, sourcing, supplier selection, collaboration and transportation modes. Compute safety stock for a sample demand.
- Role of IT in the supply chain
- E-CRM
- SRM
- E-business framework
- reverse logistics
- RFID systems and bar codes
- lean supply chains
- Six Sigma implementation
- role of blockchain in supply chain
RFID and bar codes
Real-time tracking
Reverse logistics
Returns, recycling
Lean supply chain
Eliminate waste
Blockchain
Traceability and trust
E-CRM and SRM
Customer and supplier relationships
Study guide
You study IT in supply chains, e-CRM, SRM, reverse logistics, RFID and bar codes, lean supply chains, Six Sigma and blockchain. Explain how blockchain could improve traceability.
Why Supply Chain & Logistic Management Matters
Supply chain management is one of the most employable MBA areas, with roles in logistics, procurement, planning and e-commerce operations.
How to Prepare for Supply Chain & Logistic Management
- Study a real company's supply chain end to end.
- Practise inventory and location numericals.
- Follow logistics technology trends.
Supply Chain & Logistic Management: Frequently Asked Questions
What is reverse logistics?
Reverse logistics manages the return flow of goods from customers for repair, recycling or disposal.