Supply Chain Management (Bachelor)
Supply Chain Management (SCM) is the efficient planning and controlling of different companies and parties involved in the production of (new) products or services. This involves the procurement of raw materials, production of semi-finished and finished products and delivery to the customer. The central interface between the different companies is very often warehouse stocks; therefore the efficient management of these stocks is a central topic in Supply Chain Management.
This course teaches introductory planning problems and solution methods.
Content
- Introduction (General Definition)
- Demand forecast (causal forecast, moving average, exp. smoothing, regression, MSE)
- Inventory management, EOQ, with delivery time, with production rate, Discounts on all units, Incremental Quantity Discounts
- Newsvendor revisited, periodic inventory management with and without lead time
- Supply Chain Integration - Value of Information, Identical Parts, Postponement
- Supply chain coordination, contracts
- Revenue Management
- Behavioural Operations Management
- Process Design - Queue Models