Supply Chain Management
Module Description
Which company can really produce a product or service on its own? Global supply chains and outsourcing are common and huge challenge for many companies. Complexity and transparency are just one of the hurdles to make use of the bottom line effect of strategic sourcing, logistics management and supply chain management.
In theory and practice, sourcing and supply chain management are challenging tasks. Successful executives in this field combine strategic thinking with quantitative skills. This module provides the knowledge how to make companies successful from the supply base and how to align supply chains and sourcing in detail. Global supply chains and networks are a challenging phenomenon. We learn how to best deal with this challenge and deliver additional value to the company. The wisdom that every Euro saved in sourcing and supply chain management goes direct to the bottom-line is an evergreen. But how do state-of-the-art companies setting up sourcing and supply chain management?
Furthermore, there are topics related to logistics management in value added and production networks. As companies increasingly focusing on their core competencies, their own degree of value-added reduces drastically. Managers need to strategically optimise logistics and outsourcing activities. The targets, tasks, methods and instruments used in logistics management are presented in this module and explained in detail with best practice examples. We will focus on strategic aspects of supply chains and logistics as well as the fundamentals of logistics planning at a tactical level. We will analyse excellent supply chains in different industries and identify building blocks, repetitive patterns, and fundamental concepts leading to logistics success.
Fit within the Programme/Related Modules
The module builds upon the Operations and Supply Management module in semester 3. It is linked to the modules in accounting and controlling as well as marketing as it deals with the product itself as basic item for all business and commerce. There is also a strong link to the strategic management modules, as supply chain management strategies are derived from corporate strategies.
Course Description
1) Logistics Management
The course, Logistics Management, deals with the logistics problems in value added networks and production networks. As companies increasingly focusing on their core competencies, their own degree of value-added reduces drastically. Managers need to strategically optimise logistics and outsourcing activities. The targets, tasks, methods and instruments used in logistics and supply chain management are presented in this course and explained in detail with best practice examples. We will focus on strategic aspects of supply chains and logistics as well as the fundamentals of logistics planning at a tactical level. We will analyse excellent supply chains in different industries and identify building blocks, repetitive patterns, and fundamental concepts leading to logistics success.
Readings
Required Textbooks
- Simchi-Levi, D./Kaminsky, P./Simchi-Levi, E., 2003: Designing & Managing the Supply Chain, 2nd edition, Boston.
- Christopher, M., 1998: Logistics and Supply Chain Management – Strategies for Reducing Cost and Improving Service, 2nd edition, Harlow.
2) Sourcing and Supply Chain Management
Which company can really produce a product or service on its own? Global supply chains and outsourcing are common and huge challenge for many companies. Complexity and transparency are just one of the hurdles to make use of the bottom line effect of strategic sourcing and supply chain management. In theory and practice, sourcing and supply chain management are challenging tasks. Successful executives in this field combine strategic thinking with quantitative skills. The course provides the knowledge how to make companies successful from the supply base and how to align supply chains and sourcing in detail.
Global supply chains and networks are a challenging phenomenon. We learn how to best deal with this challenge and deliver additional value to the company. The wisdom that every Euro saved in sourcing and supply chain management goes direct to the bottom-line is an evergreen. But how do state-of-the-art companies setting up sourcing and supply chain management?
Readings
Required Textbooks
- Cavinato, J. L./Kaufmann, R., 1999: The Purchasing Handbook, 6th edition, New York.
- Dobler, D. W./Burt, D. N., 1996 : Purchasing and Supply Management., 6th edition, New York etc..
- Simchi-Levi, D./Kaminsky, P./Simchi-Levi, E., 2003: Designing & Managing the Supply Chain, 2nd edition, Boston.
- Monczka, R./Trent, R./Handfield, R., 2002: Purchasing and Supply Chain Management, 2nd edition, Australia et al..