SCM 571
SCM 571
Course Outline
Course Name: Introduction to Supply Chain Management
Class: BBA
Course Code: MGT-571
Semester:
Credit Hours: 3
Effective Date:
Instructor: Mr. Waqas Aslam
E-Mail: [email protected]
Course Description:
The course aims to provide knowledge about the key concepts of Supply chain Management
(SCM) and their application in different sectors, according to their area. This course will cover
eighty percent general content and twenty percent specific content in the relevant area. As this
course has three modules, it will include lectures and in-class exercises such as cases, group
discussions, and student presentations of projects. The first module will typically follow a
conventional lecture-based approach, covering the topic or chapter related to each week’s lesson;
the second half will normally involve a group exercise, a business plan, a workshop, or other
forms of experiential learning. Moreover, this course demands that student spend considerable
time examining the lessons learned from existing companies and the approaches they have taken
to formulate and implement a strategy.
INDENTED LEARNING OUTCOMES
By the end of this course it is expected that the student will be able to:
1. To develop an understanding of key drivers of supply chain performance and their inter-
relationships with strategy and other functions of the company such as marketing, manufacturing
and accounting.
2. To impart analytical and problem solving skills necessary to develop solutions for a variety of supply
chain management and design problems and develop an understanding for use of information
technology in supply chain optimization.
3. To understand the complexity of inter-firm and intra-firm coordination in implementing programs
such as e-collaboration, quick response, jointly managed inventories and strategic alliances.
4. To develop the ability to design logistics systems and formulate integrated supply chain strategy, so
that all components are not only internally synchronized but also tuned to fit corporate strategy,
competitive realities and market needs.
5. To understand which information should be exchanged in a supply chain and how it should be used
to benefit the entire supply chain.
6. To identify improvement opportunities that exist within supply chains in different industries and to
quantify the improvements that various supply chain strategies offer.
7. To understand which barriers companies face during the implementation of new supply chain
strategies.
8. To developed knowledge and skills relating to Supply Chain management.
9. To developed modeling skills by using excel solver.
Course Title Lecture Main Topic Reasons for inclusion Detail of sub-topics to Reading
of the topic be covered material
Sources
Introduction 1 WHAT IS SUPPLY it empowers logistics, procurement,
to Supply CHAIN students with crucial inventory
Chain MANAGEMENT. insights into the management, demand
Management interconnected forecasting, and
processes of sustainability,
sourcing, production, preparing students for
and distribution diverse careers and
enabling them to
navigate complex
global supply chains
2 PURCHASING and crucial to establish The importance of
SUPPLY CHAIN guidelines and defining clear
POLICY principles for guidelines and
procurement and strategies for
sourcing decisions, procurement and
ensuring cost- sourcing decisions,
effectiveness, including ethical
quality, and ethical considerations, to
practices in the optimize cost-
supply chain efficiency, quality, and
sustainability within
the supply chain
operations of an
organization.
3 SUPPLIER Helps organizations the significance of
RELATIONSHIP optimize supplier building and
MANAGEMENT interactions, maintaining strong
ensuring a consistent and collaborative
supply of quality partnerships with
goods and services suppliers to enhance
while fostering the efficiency, quality,
collaboration, and sustainability of
reducing costs, and the supply chain,
mitigating supply while also managing
chain risks risks and fostering
long-term value
creation for the
organization.
4 CONTRACT process of effectively Students Understand
MANAGEMENT overseeing and HOW Contract
enforcing Management plays
agreements with the critical role in
suppliers to ensure maintaining
they meet their transparent, efficient,
commitments and mutually
regarding pricing, beneficial
quality, delivery, and relationships with
other terms, thus suppliers, as well as
ensuring smooth and how effectively
reliable supply chain managing contracts
operations contributes to cost
control, risk
mitigation, and the
overall success of
supply chain
operations
5 REVERSE SUPPLY understand and Returns handling,
CHAIN implement remanufacturing,
sustainable recycling, waste
practices, reduce management, product
costs through recall management,
effective product asset recovery, data
returns and management, and
recycling, ensure collaborative
compliance with stakeholder
regulations, enhance engagement
customer
satisfaction, and
contribute to the
circular economy
6 LEAN & AGILE instill efficiency and minimizing waste,
SUPPLY CHAIN adaptability in demand
MANAGEMENT supply chains, responsiveness, and
optimizing resources risk management,
and responsiveness while Reverse Supply
to market changes; Chain focuses on
teaching Reverse returns handling,
Supply Chain recycling,
Management is vital remanufacturing, and
for sustainability and compliance
cost reduction
7 SUPPLY CHAIN provide a typically covers the
PROCESS (I) foundational initial stages of supply
understanding chain operations,
involved in managing encompassing
the flow of goods activities such as
and services through procurement,
a supply chain, production planning,
preparing them for and inventory
roles in various management."
industries.
8 STRATEGIC SUPPLY to equip students focuses on aligning
CHAIN & KEY with the knowledge supply chain decisions
FINANCIAL and analytical skills with an organization's
MEASURES needed to make broader strategic goals
informed strategic while evaluating
decisions in supply performance using
chain management financial metrics to
while understanding ensure efficiency and
the financial impact profitability
of those choices on
an organization's
overall performance.
9 DRIVERS OF understand the critical factors such as
SUPPLY CHAIN factors and demand forecasting,
PERFORMANCE strategies that inventory
influence the management,
effectiveness and transportation,
efficiency of supply supplier relationships,
chain operations, and technology
enabling them to integration that
make informed significantly impact
decisions and the effectiveness of
improvements in supply chain
real-world supply operations.
chain management.
10 DISTRIBUTION It provides designing optimal
NETWORK (I) fundamental distribution channels,
concepts and warehouse
strategies involved in management,
designing and transportation
optimizing strategies, and
distribution network optimization
networks, which are techniques to ensure
pivotal for efficient efficient product flow
product delivery and and customer service
customer
satisfaction.
11 SUPPLY CHAIN help students grasp network design, node
NETWORK (I) the complex and link optimization,
interactions and transportation
dependencies management, and risk
among supply chain mitigation strategies
elements, enabling to effectively
them to design and coordinate the flow of
manage efficient, goods and information
resilient, and across a supply chain
responsive supply
chains
12 UNCERTAINTY IN It equips students students should learn
SUPPLY CHAIN (II) with the knowledge about risk assessment,
and strategies to demand variability,
navigate and supply disruptions,
mitigate the inherent contingency planning,
risks and disruptions and resilience
that can impact strategies to
supply chain effectively manage
operations in a and adapt to
volatile business uncertainties in supply
environment. chain operations.
13 FORECASTING IN it enables students techniques and
SUPPLY CHAIN (I) to develop the skills methodologies for
needed to make predicting future
accurate demand demand, analyzing
predictions, optimize historical data, and
inventory levels, and using forecasts to
enhance overall optimize inventory,
supply chain production, and
efficiency. distribution decisions.
14 AGGREGATE helps students capacity planning,
PLANNING understand how to production strategies,
strategically align inventory
production, management,
workforce, and workforce planning,
inventory levels with and technology
fluctuating demand, integration to equip
balancing students with the skills
operational needed for efficient
efficiency with resource allocation
customer service and demand
objectives. fulfillment
15 MANAGING it equips students Demand forecasting,
DEMAND & with the knowledge inventory
SUPPLY and strategies to management, order
align production and fulfillment, and supply
inventory levels with chain coordination to
customer demand, effectively balance
optimizing supply customer needs with
chain efficiency operational efficiency.
while minimizing
costs and disruption
16 SUPPLY CHAIN Helps to understand collaborative planning,
COORDINATION how to collaborate demand sharing,
effectively with vendor-managed
suppliers, inventory, information
manufacturers, and sharing, and
distributors to performance metrics
optimize supply to illustrate strategies
chain operations, for aligning supply
minimize costs, and chain partners and
enhance customer improving overall
service. efficiency and
responsiveness.
17 CYCLE INVENTORY provides the order quantity
& LOT SIZE knowledge and determination,
techniques to economic order quantity
minimize inventory (EOQ) models, reorder
points, safety stock, and
costs while ensuring
the trade-offs between
product availability, holding costs and
a critical aspect of ordering costs to
efficient supply chain optimize inventory
operations. management in the
supply chain.
18 SAFETY buffer stock, methods and practices
INVENTORY ensuring that an for maintaining buffer
organization can stock to safeguard
meet unexpected against unexpected
fluctuations in demand fluctuations
demand or supply or supply disruptions,
disruptions while ensuring consistent
maintaining customer service
consistent product levels.
availability and
customer service
levels
19 PRODUCT essential to ensure products are
AVAILABILITY & students understand consistently in stock
SERVICE LEVEL how to strike a and accessible to
TRANSPORTATION balance between customers, while
NETWORKS maintaining transportation
adequate product networks are
availability to meet responsible for
customer demands efficiently moving
while optimizing goods to meet
transportation customer demand,
networks to control collectively
costs, ultimately contributing to
enhancing supply customer satisfaction
chain efficiency and and supply chain
customer performance
satisfaction.
20 SOURCING IN it equips students focus on illustrating
SUPPLY CHAIN with the skills and how to identify,
MANAGEMENT knowledge needed evaluate, and select
to effectively suppliers, negotiate
identify, select, and favorable agreements,
manage suppliers, manage supplier
ensuring a reliable relationships, and
and cost-effective make informed
supply of materials sourcing decisions that
and components, balance cost, quality,
which is crucial for and sustainability to
supply chain success ensure a reliable and
and competitiveness. efficient supply of
goods and services.
21 PRICING & because it equips how to set pricing
REVENUE students with the strategies, optimize
MANAGEMENT knowledge and pricing decisions
strategies to set based on market
optimal pricing dynamics and
strategies, maximize customer behavior,
revenue, and manage discounts and
enhance promotions, and use
profitability, which data and analytics to
are critical aspects of maximize revenue and
effective supply profitability within the
chain and business supply chain context.
management.
22 INFORMATION understand how Topics involves the
TECHNOLOGY FOR technology and data- use of digital tools,
SUPPLY CHAIN driven tools can software, and data
MANAGEMENT improve supply chain analytics to enhance
efficiency, visibility, visibility, streamline
and decision-making, processes, optimize
enabling them to inventory, improve
adapt to the communication with
increasingly digital suppliers and
and interconnected customers, enable
nature of modern real-time tracking,
supply chains. enhance forecasting
accuracy, and support
decision-making,
ultimately driving
efficiency and
competitiveness in the
supply chain.
23 SUSTAINABILITY & it equips students strategies for
FUTURE SUPPLY with the knowledge minimizing
CHAIN and strategies to environmental impact,
address promoting social
environmental and responsibility,
social responsibility embracing circular
in supply chain economy principles,
management, enhancing resilience,
preparing them to and leveraging
navigate evolving technology to create
industry trends and more ethical, eco-
contribute to more friendly, and resilient
sustainable and supply chains that
resilient supply meet evolving market
chains. demands
Final Discussion Overview of the Course and Issues that can be faced after
the start-up