Aims

The module aims to introduce students quantitative analysis approaches in logistics and supply chain management. Students will learn how to use spreadsheet to model various problems in supply chain and logistics management. It is also expected that the approaches students learn in the module can be applied into the broader area of operations management.

Outline Of Syllabus

1. Supply chain network design – deterministic and stochastic supply chain network design, assessment of supply chain network reliability.
2. Matching demand and supply –aggregate planning, sales and operations planning, supply chain coordination
3. Stochastic inventory management –optimization of threshold based inventory control policy with uncertain customer demands.
4. Managing cross- functional drivers – sourcing decisions, pricing and revenue management, sustainable supply chain management

Teaching Rationale And Relationship

Lectures introduce theoretical issues as well as practical issues and cases relating to supply chain management.

Assessment Rationale And Relationship

The essay tests acquisition of a clear general knowledge of the module and the ability to apply spreadsheet modeling in solving different supply chain management and logistics issues. The essay will also examine whether students can write clearly and concisely.

Formative assessment of the student progression is assessed during the PC Lab sessions where students are provided with problem solving exercises. Students are divided into groups and problems provided to each group. Students need to complete the assessment in the lecture itself and feedbacks are provided in the same lecture or subsequent lecture.