Logistics & Supply Chain Management
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- To introduce students to vital logistics functions comprising distribution transportation, material handling and storage system and to give them an understanding of basic logistics principles to ensure competitive advantage in the industry.
Curriculum includes
Unit 1
Strategic Lead-Time and JIT Management
- Time based competition- The concept of lead time-Logistics pipeline management- logistics value engineering
- The lead time gap - Just In Time (JIT) and quicker response logistics
- The Japanese philosophy - Implications for logistics - Quick response logistics - vendor managed inventory -Logistics information system - Logistics system dynamics - Production strategies for quick response
Unit 2
Managing the Supply Chain
- Creating the logistics vision - The problems with conventional organizations - Developing the logistics organization - Logistics as the vehicle for change
- The need for integration - Managing the supply chain as a network - Process integration and ECR-Co-makership and logistics partnerships-supplier development - Leading edge logistics
Unit 3
International Dimensions of LSCM
- Exposure to international logistics – Process flow- Foreign trade basics – Government policies – regulations – stakeholders in international trade & supply chain
Unit 4
Introduction to Logistics & Supply Chain Management
- Introduction to Logistics-Logistics and Competitive Strategy-Competitive advantage-Gaining competitive advantage through logistics
- The mission of logistics management- The Supply chain and competitive performance- The changing logistics
Unit 5
Customer Service and Measuring performance - 10 hrs
- The marketing and logistics interface Customer service Customer service and customer retention Service driven logistics system Setting customer service priorities Setting service standards
- The concept of total cost analysis - Principles of logistics costing-logistics and the bottom line-Logistics and shareholder value - Customer profitability analysis - Direct product profitability - Cost drivers and activity based costing.
Unit 6
Benchmarking and Supply chain
- Meaning of benchmarking-Benchmarking the logistics process-Mapping supply chain process-Supplier and distributor benchmarking-Setting benchmarking priorities- Identifying logistics performance indicators-Managing the Global Pipeline
- The trend towards globalization in the supply chain-The challenge of global logistics-Organization for Global