a w= Indian Institute of Management Indore POST GRADUATE PROGRAMME IN MANAGEMENT (PGP) AY: 2023-24 TERM: Ill TITLE OF THE COURSE: SUPPLY CHAIN MANAGEMENT(SCM) CREDITS: 4 Name ofthe Faculty | Faculty Emai Phone | Consultation Time Room No. Number for students Hasmukh Gajjar €-208_[[email protected] 574 __ | With prior appointment Rohit Kapoor 8-104 [ [email protected] 536 [ With prior appointment COURSE DESCRIPTION: Due to growing product proliferation, customer expectation, global competition, and volatile environment, matching supply with demand has been more challenging in recent times. However, the rise in information technology, digitalization, data analytics, and mathematical modelling provide opportunities to practitioners to better manage their supply chains. It is paramount for supply chain practitioners to deliver more value to their customers to survive in the competitive environment. This course aims to cover the strategic, economic, and operational aspects involved in supply chain management to improve supply chain performance. This course will focus on a range of quantitative techniques (modeling, computation, and analysis) that support decision making in supply chain management. COURSE OBJECTIVES: * to familiarize students about supply chain and supply chain management; to develop an understanding of drivers of supply chain performance © to become familiar with analytical tools necessary to develop solutions for a variety of supply chain management and design problems * to understand applications and limitations of simple decision rules in the context of supply chain analysis in the real world PEDAGOGY /TEACHING METHODS: ‘The class will be a mix of lectures and case discussions. EVALUATION: Individual Component ‘Group Component Weightage ‘Assignments 20% Quizzes 30% End-term Exam 50% Total 100%ACADEMIC DISHONESTY: IIM Indore believes in academic honesty. Academic dishonesty or misconduct is cheating that relates to an academic activity. It is a violation of trust between the Institute and its stakeholders. Plagiarism, fabrication, deception, cheating and sabotage are examples of unacceptable academic conduct. Please consult the Programme manual for the section on academic dishonesty. MODULE introduction to Supply Chain Management (SCM) Module Objective: This module introduces participants to supply chain (SC), its role and importance, issues, and decisions involved in managing SC, SESSIONS AND OBJECTIVE: Introduction to SCM ‘Understanding SC and its importance, key decisions and unique challenges of managing the SC. Readings: What is Supply Chain Management? Harvard Business Publishing, I™ January, 2012, BEPO88, Page no. 1 — 17. Session, Objective: Session 2 & 3: | Beer game simulation Objective: To experience the challenges and difficulties in managing real SC. Reading: None Module I: Managing Information Flow in SC Module Objective: This module helps participants to realize the value of information in SC. It also exposes them to issues and challenges related to managing information flow in SC. ‘SESSIONS AND OBJECTIVE Sessions 4: | Value of information and causes of information distortion in SC ‘Objective: To understand main causes of information distortion and its impact on the SC. Reading: “Bullwhip Effect in Supply Chains”, Sloan Management Review, Volume — 38, Number — 3, SMRO29, Page no. 93 ~ 102. C “Barilla Spa (a)”, Harvard Business School, 25" March, 2008, 9-694-046, Page no. 1-21, Session 5 & 6: | Demand forecasting ‘Objective: To recognize the role of forecasting demand, to understand different methods of forecasting. Reading: “Manager's Guide to Forecasting”, Harvard Business Review, January — February, 1986, Page no. 1 —9. Case: “L.L. Bean, Ine.”, Harvard Business School, 7® September, 1993, 9-893-003, Page no. 1-5,Module II: Managing Material Flow in Supply Chain Module Objecti This module focusses on the analytical approaches to supply chain optimization and estimation of the drivers of cost and service. SESSIONS AND OBJECTIVE ‘Sessions 7: Managing inventory for short-life-cycle products ‘Objective: To discuss analytical approaches in handling inventory of short-life-cycle products with highly unpredictable demand. Reading: “Note on Optimal Ordering Strategies and Supply Chain Coordination”, Darden Business Publishing, 12" January, 2009, UV1087, Page no. 1 — 14. Case: “Sports Obermeyer Ltd.”, Harvard Business School, 15 August, 2006, 9- 695-022, Page no. | - 19. Session 8: Inventory management over a longer horizon ‘Objective: This session presents not only the basic factors affecting inventory but also a few inventory models that can help firms in improving their performance. Reading: ‘Simchi-Levi, D, Kaminsky, P, Simchi-Levi, E and Shankar, R (2008), Designing and Managing the supply Chain - concepts, strategies and case studies, Tata McGraw-Hill, New Delhi, Inventory Management and Risk Pooling, Chapter-2. Session Inventory management in multi-echelon supply chain ‘Objective: To present real-life situations of handling inventory in the entire SC instead of one demand and supply point. Case: “Steel Frame Furniture (A) & (B)”, Indian Institute of Management, Ahmedabad, Copyright © 1999. Session 10: Inventory management summary and wrap-up Objective: This session summarizes key analytical concepts that are useful in managing inventory, Reading: None. ‘Sessions 11: Issues in distribution planning ‘Objective: To discuss various issues involved in distribution planning. Reading: Simchi-Levi, D, Kaminsky, P, Simehi-Levi, E and Shankar, R (2008), Designing and Managing the Supply Chain - concepts, strategies and case studies, Tata McGraw-Hill, New Delhi, Distribution Strategies, Chapter-7 Case: “Tale of Two Electronic Components Distributors”, Harvard Business School, 19" November, 2007, 9-697-064, Page no. 1 ~ 20, ‘Sessions 1 Network plannin, ‘Objective: This session discusses concepts and analytical approaches related to network design and operations, Reading: ‘Simchi-Levi, D, Kaminsky, P, Simehi-Levi, E and Shankar, R (2008), Designing and Managing the Supply Chain - concepts, strategies and case studies, Tata McGraw-Hill, New Delhi, Network Planning, Chapter-3, Case: “Karnataka Engineering Company Limited”, Indian Institute of Management, Ahmedabad, Copyright © 1992, PROD0221Sessions 13 & 14: Transportation networks ‘Objective: These sessions present the options and cost structures for the available modes of transport. They also examine the impact of produet and demand characteristics on the transportation strategy and the issues involved in choosing the optimal transportation mode. Reading: Simchi-Levi, D, Kaminsky, P, Simchi-Levi, E and Shankar, R (2008), Designing and Managing the Supply Chain - concepts, strategies and case studies, Tata McGraw-Hill, New Delhi, Network Planning, Chapter-3 Case: “Pashukhadya Company Limited”, Indian Institute of Management, Ahmedabad, Copyright © 1995, PROD0230 Sessions 15: ‘Network planning in an uncertain environment ‘Objective: In this session, we emphasize that for the firms with multiple plants and markets, allocating resources and volumes to each node is a crucial tactical decision that hinges on a complex interplay of various factors such as location, uncertain demand/supply characteristics, and product characteristics Reading: ‘Simchi-Levi, D, Kaminsky, P, Simchi-Levi, E and Shankar, R (2008), Designing and Managing the Supply Chain - concepts, strategies and case studies, Tata McGraw-Hill, New Delhi, Network Planning, Chapter-3 Case: “Applichem (A) (Abridged)”, Harvard Business School, Aug 18, 1993, 9- 694-030, Page no. 1 — 13. Module IV: Supply Chain Innovations Module Objective: In this module, we focus on supply chain innovations that can help firms in improving the service level and minimizing costs simultancously. SESSIONS AND OBJECTIVE ssion 16 & 17: Revenue management ‘Objective: In this session, we briefly discuss revenue management and specifically look at pricing decisions by a firm in limited supply situations so as to generate the highest profit Reading: “Note on Quantity based Revenue Management: The Single Resource Case”, Richard Ivey School of Business, 17" December, 2010, 909E26, Page no. 1 - 1. ‘Session 18: Mass customization ‘Objective: In this session, we characterize the supply chain with the dimension of point, of differentiation. Reading: “Cracking the Code of Mass Customization”, Sloan Management Review, Volume — 50, Number — 3, SMR315, Page no. 71 ~ 78. Case: The "mi Adidas” Mass Customization Initiative, International Institute for Management Development, May 29, 2006, IMD-159, Page no, 1 -24, Session 19 & 20: Supply chain co-ordination: contracts ‘Objective: In this session, we discuss the motivation and analytical models relevant to basic supply chain contracts. Reading: Note on Optimal Ordering Strategies and Supply Chain Coordination, Darden Business Publishing, 12" January, 2009, UV1087, Page no. 1 = 14. Case: “Supply Chain Close-Up: The Video Vault”, Harvard Business School, 8° May, 2003, 9-102-070, Page no. 1 ~ 10.Please indicate the changes made in the course outline based on the measurement of assurance of learning (closing the loop)/student feedback: 1. 2 Please give the details of the book if students need to buy the bool one ‘Author Publisher | Edition Remarks, if any, Optional Readings: Simchi-Levi, D, Kaminsky, P, Simchi-Levi, E and Shankar, R (2008), Designing and Managing the Supply Chain - Concepts, Strategies and Case Studies, Tata McGraw-Hill, ‘ew Delhi. Jeremy Shapiro, (2007), Modeling The Supply Chain, 2nd Edition, Cengage Learning S G Deshmukh, R P Mohanty, (2007), Essentials of Supply Chain Management, Jaico Publishing House Raghuram, G and Rangaraj, N (2006), Logistics and Supply Chain Management: Cases and Concepts, MacMillan, Delhi,