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Management Development Institute, Gurgaon

Course Outline

Supply Chain
Analytics
Prof. (Dr.) Manoj K Srivastava

Prof. (Dr.) Manoj K. Srivastava


http://www.mks507.890m.com

mks@mdi.ac.in
Chamber: C-21, Ext #: 5377

Post-Graduate Programme in Management


PGPM: 2019-2021 Batch
Term: VI (Dec 2020 -Feb 2021)
MANAGEMENT DEVELOPMENT INSTITUTE - GURGAON
Post-Graduate Programme in Management
(PGPM: 2019-2021 Batch) Term: VI (Dec 2020-Feb 2021)
Supply Chain Analytics
Course Outline
Course Credit : Elective Course (3 Credit)
: NMP (IV Term) (Jan-Mar 2021); EMP VIII Term (Jan-Mar 2021);
:
Prof. (Dr.) Manoj K Srivastava
e-mail: mks@mdi.ac.in Chamber: C-21, Extension: 5377
Course Website: http://www.mks507.890m.com
(For all notices, material and resources)

SCOPE AND OBJECTIVE


The supply chain for a product is the network of firms and facilities involved in the transformation process from raw materials to a product and
in the distribution of that product to customers. In a supply chain, there are physical, financial, and informational flows among
different firms. Supply chains are complex systems involving multiple businesses and organizations with
different goals and objectives. Many different analytical methods and techniques are used by
researchers and practitioners alike to better design and manage their supply chains.

Supply chain analytics focuses on the use of information and analytical tools to make better
decisions regarding material flows in the supply chain. Put differently, supply chain
analytics focuses on analytical approaches to make decisions that better match supply
and demand. An important goal of supply chain analytics is to improve forecasting and
efficiency and be more responsive to customer needs. For example, predictive analytics
on point-of-sale terminal data stored in a demand signal repository can help a business
anticipate consumer demand, which in turn can lead to cost-saving adjustments to
inventory and faster delivery.

Therefore, the objectives of this course are:


1. To develop an understanding of key drivers of supply chain excellence.
2. To impart analytical and problem-solving skills necessary to develop
solutions for a variety of supply chain management and design problems
3. To understand various Analytical tools used in recent supply chain context
4. To develop measurable frameworks for addressing qualitative issues in
supply chain
5. To be able to predict future outcomes in critical Supply Chain decisions, with a
systematic and data-driven approach

ASSURANCE OF LEARNING
LG3 (LO1, LO2, LO3)

TEXT BOOK
T1. Modeling the Supply Chain, 2/E
by Jeremy F. Shapiro
©2007 Cengage Learning India (ISBN-13: 9788131501566)
T2. Reading Material and Case Booklet

REFERENCE BOOKS
R1. Supply Chain Optimization through Segmentation and Analytics, 1/E
by Gerhard J. Plenert
©2014 CRC Press (ISBN-13: 9781466584778)
R2. Supply Chain Science, 1/E
by Wallace J. Hopp
©2011 Waveland Press (ISBN-13: 9781577667384),
R3. Designing & Managing the Supply Chain, 3/E
D. Simchi-Levi, P. Kaminsky and E. Simchi-Levi
©2007 McGraw-Hill (ISBN-13: 9780073341521), Companion Website-http://www.mhhe.com/business/opsci/simchi_levi3e/

PEDAGOGY AND ASSESSMENT


The course will be based on lectures, presentations and exercises. The participants are advised to go through the reading materials well in
advance before the class. The course is designed to be interactive and the emphasis will be on learning by doing. The participants are
expected to use relevant Computer Software like Excel, ExtendLT, Vensim, Stella, iThink, MS Project, POM/QM etc. for solving the problems
throughout the course. The assessment criteria are generally based on
 Attention to the primary focus of the exercise or assessment
 Evidence of understanding of the concepts, theories and ideas developed in the course
 Ability to apply these concepts to examples from own experience
 Capacity to structure an assignment logically, showing clarity of thoughts
PLAN (Brief) (20 Sessions, 30 Hrs)
No. of
Sl. Title of the Session Sessions

01 Building Blocks of Supply Chain Analytics 3


02 Supply Chain Dynamics 2
03 Logistics Network Analytics 2
04 Fuzzy Logic 2
05 System Dynamics 2
06 Modelling Techniques 2
07 Supply Chain Performance Analytics 2
08 Supply Chain Risk Analytics 2
09 Modelling Supply Chain Coordination 2
10 Recent Trends and Future 1
Total Sessions 20

COURSE PLAN (Detailed)


Text Book No. of
Module Sl. No Title of the Session Chapter Sessions

01 Building Blocks of Supply Chain Analytics Ch-01 3


 The Power of Analytics
 From Descriptive to Adaptive Analytics
 Marketing optimization, Web analytics, Modeling, Portfolio analysis, LG3 (LO1, LO2)
 Risk analytics, Big Data, Unstructured Data
 Sourcing Analytics, Make Analytics, Deliver Analytics, Return Analytics
Fundamentals

02 Supply Chain Dynamics Ch-02 2


 3D (Direct-Develop-Deploy) Model for Strategic fit
I  Supply chain segmentation
 Station Analytics: Capacity, Variability, Batching LG3 (LO1, LO2)
 Chain Analytics: Flows, Buffering, Push/Pull
 Network Analytics: Inventory, Risk, Coordination
03 Logistics Network Analytics Ch-03 2
 Brown and Gibson Model
 Network Embeddedness, Geographical Information System (GIS)
 Smart Warehouse Management System LG3 (LO1, LO2)
 Inventory Analytics and Optimization
 Vehicle Routing, Modal and Carrier Selection Caselet 02:

04 Fuzzy Logic Ch-04 2


 The Concept of Fuzziness
 Fuzzy System Modeling LG3 (LO3)
 Decision Making in a Fuzzy Environment (Forecasting, PERT)
05 System Dynamics Ch-05 2
Tools

 System Theory and System Dynamics Fundamentals


II  Drivers, Enablers, Resistors
 System Performance measures LG3 (LO3)
 Entropy and Chaos theory
06 Modelling Techniques Ch-06 2
 ISM, De-Matel, Grey De-Matel
 Vensim, Stella, iThink LG3 (LO3)
 TRIZ

07 Supply Chain Performance Analytics Ch-07 2


 Strategy Map, Success Map, Dashboard, scorecard, KPI
 Triple-A Supply Chain, Guestology Compass Model, Cast-Setting-Process Model
 Performance Pyramid System, Destination Statement, The Logistics Scoreboard LG3 (LO1, LO3)
 Resource measures (R), Output measures (O) and Flexibility measures (F)
 Disney World: The Magic of Service Supply Chain
08 Supply Chain Risk Analytics Ch-08 2
Application

 Supply Chain Disruptions


III  Coping with Risk, Risk Acceptance
 Risk Reduction Measures, Risk Spreading Measures LG3 (LO1, LO3)
 Quanti cation Measures for Supply Chain Risk
 Risk-aware Supply Chain Optimization

09 Modelling Supply Chain Coordination Ch-09 2


 Simulation of Supply Chain Problems
 Quantifying Bullwhip Effect
 Cooperative Games and the Shapley value LG3 (LO1, LO3)
 Art of Alliance: Starbucks Style

10 Recent Trends and Future PPT Slides 1


Future

 Supply Chain 4.0, Blockchain


IV  Supply Chain Resilience
 Service Supply Chain, Project Supply Chain
LG3 (LO1, LO2, LO3)
 Emerging Supply chain Technologies

Total Sessions 20
*each session is of 1½ Hour Duration
Additional Readings / Case Studies / Practice Sheets will be supplied, in advance when they are scheduled for the discussion
EVALUATION SCHEME
Component Duration Wt (%) Date & Time Venue Remarks

E1 Surprise Quizzes* 10 Min 30 %


(Each Quiz 10%)
Surprise Class Room Closed Book

E2 Minor Project Term Long 20 %

Open Book
E3 End Term Exam 2½ Hr 50 %
(Laptops not allowed)
*Best 3 Quizzes will be considered, no make-up for any quiz.

Reference Papers / Articles

 Anderson, D. L., Britt, F. E., & Favre, D. J. (1997). The seven  Lambert, D. M., & Cooper, M. C. (2000). Issues in supply chain
principles of supply chain management. Supply Chain management. Industrial marketing management, 29(1), 65-83.
Management Review, 1(1), 31-41.
 Lee, H. L., & Billington, C. (1995). The evolution of supply-chain-
 Attaran, M. (2011). The Supply and Demand for RFID. Industrial management models and practice at Hewlett-Packard.
Engineer: IE, 43(12), 26-31. Interfaces, 25(5), 42-63.

 Barratt, M. (2004). Understanding the meaning of collaboration  Lee, H. L., Padmanabhan, V., & Whang, S. (1997). The Bullwhip
in the supply chain. Supply Chain Management: An International Effect in Supply Chains. Sloan management review, 38(3), 93-
Journal, 9(1), 30-42. 102.

 Brewer, P. C., & Speh, T. W. (2000). Using the balanced  Lee, H. L. (2002). Aligning supply chain strategies with product
scorecard to measure supply chain performance. Journal of uncertainties. California management review, 44(3), 105-119.
Business logistics, 21(1), 75-94.
 Lee, H. L. (2010). Don't Tweak your Supply Chain--Rethink It End
 Choi, T., & Linton, T. (2011). Don't Let Your Supply Chain Control to End. Harvard Business Review, 88(10), 62-69.
Your Business. Harvard Business Review, 89(12), 112-117.
 Mentzer, J. T., DeWitt, W., Keebler, J. S., Min, S., Nix, N. W.,
 Davis, T. S., & Novack, R. A. (2012). Why Metrics Matter. Supply Smith, C. D., & Zacharia, Z. G. (2011). Defining supply chain
Chain Management Review, 16(4), 10-17. management. Journal of Business logistics, 22(2), 1-25.

 Dekhne, A., Xin, H., & Apratim, S. (2012). Bridging the  New, S. (2010). The Transparent Supply Chain. Harvard
Procurement- Supply Chain Divide. Supply Chain Management Business Review, 88(10), 76-82.
Review, 16(5), 36-42.
 Niranjan, T. T., Wagner, S. M., & Thakur-Weigold, B. (2011). Are
 Fisher, M., & Vaidyanathan, R. (2012). Which Products Should You Ready for VMI? Industrial Engineer: IE, 43(2), 39-44.
You Stock?. Harvard Business Review, 90(11), 108-118.
 Rick Hoole, (2005),"Five ways to simplify your supply chain",
 Fisher, M. L. (1997). What Is the Right Supply Chain for Your Supply Chain Management: An International Journal, 10(1), 3 – 6
Product?. Harvard Business Review, 75(2), 105-116.
 Tan, K. C. (2001). A framework of supply chain management
 Geary, S., Childerhouse, P., & Towill, D. R. (2002). Uncertainty literature. European Journal of Purchasing & Supply
and The Seamless Supply Chain. Supply Chain Management Management, 7(1), 39-48.
Review, 6(4), 52-61: ILL.
 Vahabzadeh, A., & Yusuff, R. (2012). Greening your reverse
 Hammel, T., Phelps, T., & Kuettner, D. (2002). The re-engineering logistics. Industrial Engineer: IE, 44(12), 35-39
of Hewlett-Packard’s CD-RW supply chain. Supply Chain
Management: An International Journal, 7(3), 113-118.
 Yang, B., Burns, N. D., & Backhouse, C. J. (2004).
Postponement: a review and an integrated framework.
 Hauer, L. M. (2003). Risk-Adjusted Supply Chain Management. International Journal of Operations & Production Management,
Supply Chain Management Review, 7(6), 64-71. 24(5), 468-487.

 Janvier-James, A. (2012). A New Introduction to Supply Chains  Zeynep T., Vincent D., Monika S., (2005), “RFID at the METRO
and Supply Chain Management: Definitions and Theories Group”, Prod. #: 606053, Case Study, Harvard Business School
Perspective. International Business Research, 5(1), 194-207 Publishing, Boston, MA

Generalized Supply Chain Analytics Model:


WEB RESOURCES ON SCA:

http://www.createcom.8m.com/#link1

http://lcm.csa.iisc.ernet.in/scm/scm_links.html

http://guides.lib.msu.edu/page.phtml?page_id=726

http://www.themanager.org/Knowledgebase/Operations/SCM.htm

Council of Logistics Management, www.clm1.org

Integrated Business Communications Alliance, www.ibcaweb.org

Stanford Global Supply Chain Forum, www.stanford.edu/group/scforum

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