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Advance Program in Supply Chain Management in Digitalized Economy
Part time, Online
12 Months
2,00,000 INR Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study, Virtual Classroom, Campus Based/Physical Classroom | Video and Text Based |
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIT RoorkeeImaginXP |
The Syllabus
Core Supply Chain processes
- Customer Management Processes
- Demand Management Processes (Balances the customers’ requirements with the firm’s capabilities and capacity (S&OP)
- Order Fulfillment Processes (Integrates manufacturing, logistics, and marketing plans)
- Manufacturing Flow Management Processes
- Supplier Relationship Management Processes
- New Product Development Processes
- Reverse Logistics Processes
Supply Chain Structure Design
- Push
- Pull
- Postponement
Supply Chain complexity
- Alignment with Demand and Supply Uncertainty
- Bullwhip effect, reducing variability and buffering against variability
- Handling uncertainty
- Tools for identifying causes of variability and improving supply chain capability
Evaluang supply chain network strategy
- Capacity, technology, translating supply chain decisions into financial terms – Total Landed Cost, Total Cost of Ownership, Discounted cash flow analysis
Informaon flow design
- Working with suppliers: procurement, auctions, risk sharing
- Coordinating manufacturing: production planning, BOM, MRP/DRP
- Collaborating with customers: aggregate planning, S&OP, bullwhip
Risk & Resilience Development in Supply Chains
- Causes and Classification of Disruptions
- Responses and Preparation
- Resilience through redundancy, flexibility, trade-off curve between recovery and mitigation strategies
- Compeve and Supply Chain strategies
- To achieve strategic fit
- To fix the scope of strategic fit and its expansion
- Challenges in sustaining the strategic fit
- Impellers of Supply chain
- Drivers and their framework for supply chain performance
- Facilities
- Inventory
- Transportation
- Information
- Sourcing
- Pricing
- Infrastructure
- Use of Excel to perform a variety of data analysis tasks like data wrangling and data mining
- Create various charts and plots in excel
- Visualize data using Python libraries
- Develop working knowledge of Python language for analyzing data using Python libraries like Pandas and Numpy
- Describe data ecosystem and compose queries to access data in cloud database using SQL and Python from jupyter notebooks
- Role of Distribution in the Supply Chain
- Models for facility location and capacity allocation
- Factors influencing distribution network design
- Framework for network design decisions
- The impact of uncertainty on network design
- Impact of Globalization on SC networks
- The offshoring Decision: Total cost
- Discounted Cash Flows
- Use of Decision Tree for evaluating network designs
- Evaluation of Global Supply Chain Design decisions under uncertainty leading to onshore or offshore
- Role of forecasting in the Supply Chain
- Time Series Forecasting
- Characteristics of Forecasts
- Forecasting Error Measures
- Components of Forecast and forecasting Methods
- Selecting smoothing constant
- Role of aggregate planning in a supply chain
- Use of Rough Master production schedule
- Aggregate planning strategies
- Strategies for managing supply and demand
- Aggregate planning using linear programming (Use of Excel, TORA etc.)
- Lack of supply chain coordination and the bullwhip effect
- Managerial levers to achieve coordination
- Effect on performance
- Continuous replenishment and VMI
- CPFR (Collaborative Planning, Forecasting & Replenishment)
- Obstacles to coordination in a supply chain
- Economic Order Quantity models- sensitivity, non-instantaneous lead me, quantity discounts, concept of back orders
- Single period inventory models – critical rao, expected profit, expected units short
- Continuous review policy(S,Q) model & Periodic review policy (R,S) model using performance metrics (cycle service level and item fill rate) and stockout cost metrics (cost per stockout event and cost per item short)
- Special issues- exchange curves, grouping like items, local on pooling
- Aggregating multiple products in a single order
- Managing multiechelon Cycle Inventory
- Short term discounting
- Concept of Safety Inventory
- Factors affecting the level of safety inventory
- To determine the appropriate level of safety inventory
- Impact of supply uncertainty on safety inventory
- The importance of the level of product availability
- Factors affecting the optimal level of product availability
- Seeing product availability for multiple products under capacity constraints
- Optimizing availability of MRO inventories
- Calculations related to expected profit from an order, expected overstock from an order, expected understock from an order
- Simulation using spreadsheets
- Mode of transportation and their performance characteristics
- Trade-off in transportation design
- Transportation infrastructure and policies
- Tailored transportation
- Role of IT in transportation
- Design options for a transportation network
- Role of sourcing in a supply chain
- Supplier selection- auctions and negotiations
- In House or outsourced?
- Sharing risk and reward in the supply Chain
- 3pl
- Impact of incentives in outsourcing
- Total cost of ownership
- Designing a sourcing portfolio
- Role of pricing and revenue management in a supply chain
- Pricing and revenue management for multiple customer segments
- Pricing and revenue management for seasonal demand
- Pricing and revenue management for bulk and spot contracts
- Introduction of blockchain
- Criteria for evaluation and adoption
- Benefits of blockchain in supply chain
- Key levers for blockchain in supply chain
- Role of sustainability in a supply chain
- Use of six sigma in supply chain
- Closed-loop supply chain
- How to make supply chain flexible and agile
- Application of lean concepts in supply chain
Instructors
Articles
22 Jan'25, 01:13 PM
18 Jan'24, 11:38 AM
28 Mar'22, 11:13 AM
22 Jan'25, 01:13 PM
18 Jan'24, 11:38 AM
28 Mar'22, 11:13 AM