LOGISTICS & SUPPLY CHAIN MANAGEMENT

Semester: II
Sub Code: MSM T 203
Credits: 4
Hours/Wk: 4
Total Hrs: 60
Exam Marks: 50
IA Marks: 50
Exam Duration: 3 Hrs

Objectives:
To give students a comprehensive understanding of supply chain management and related logistics Management in the new economic scenario. Also to show that SCM’s objective is to be build efficient and cost effective system across the entire systems covering raw materials Suppliers, Distributors, Manufacturers, Ware House Management and to the retailer.

Unit 1:
Understanding the supply chain, What is SCM? Why SCM? The Complexity, Key issues in SCM Logistics network: Introduction, Data Collection, Transportation, Ware house Management, Strategic location of warehouses, Demand forecasting, Role of aggregate planning, MRP, ERP, Managing variability, Key features of Network configuration

Unit 2: Inventory management:
Concepts of Materials Management, Economic lot size model, Effect of Demand uncertainly, Fixed order costs, Variable lead frames, Inventory under certainly & uncertainty, Risk Management

Unit 3: Value of information:
The Bullwhip effect, Quantifying Bullwhip effect, Locating Desired Products, Lead time reduction, Conflicting objectives of SCM, Integrating the supply chain

Unit 4: Distribution strategies:
Introduction, Centralized vs Decentralized control, Direct shipment, Cross Docking, Push based vs Pull based supply chain

Unit 5: Strategic alliances:
Third party Logistics (3PL), Retailer – supplier relationship issues, requirements, success & failures, Distributor integration Types & issues

Unit 6: MIS & SCM:
Data base, System Architecture, Communications, Implementation of ERP, Decision support systems for SCM: Analytical tools, Presentation tools, Smooth production flow Current issues & directing challenges for future, E commerce strategies and world class supply chain management

Suggested Readings
1. Burt Dobler and Starling, World Class Supply Management,Tata Mcgraw Hill.
2. Coyle Bondi and Langely, The Management of Business Logistics: A Supply Chain Perspective, Thomson South Western.
3. U Kachru-Logistics and Supply Chain Management –Excel Books.
4. Sunil Chopra, Supply Chain Management: Planning and Operation, Pearson.