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OPM 601: Supply Chain Management

Contents
Supply Chain Management is concerned with all activities aimed at satisfying customer demand. As such, it is paramount to the creation of business value. Carefully designed and well run supply chains are an important source of competitive advantage.
Particular complexities arise from the interplay between different supply chain members, including suppliers, manufacturers, and retailers, each having their own objectives. At the same time, supply chain members are dependent on each other to serve the customer. Supply chain management addresses the interplay between individual objectives and seeks to align them to optimize overall supply chain performance.
This course discusses the impact of supply chain management on firm performance. It provides tools and concepts for an effective supply chain design and operation. Particular attention is given to supply chain coordination. The course takes an analytics-oriented approach. It presents quantitative models to address the mentioned issues. The course also discusses the impact of recent trends on supply chain management, including e-fulfillment, digitalization, and sustainability.

Learning outcomes
Students will understand the role of supply chain management and its impact on firm performance. They will recognize the potential of coordinated decision making along the supply chain and be aware of obstacles that complicate this coordination. The students will get to know mechanisms for aligning incentives of different supply chain members, e.g. by means of appropriate contracts. They will be acquainted with relevant business analytics techniques to assess and optimize supply chain performance. Students will also be aware of relevant recent trends and of their impact on supply chain management.

Necessary prerequisites
At least one of the modules OPM 501, 502, 561, 581, 582, or 591 (parallel attendance possible); other modules may be accepted upon request.

Recommended prerequisites
Participants should be familiar with the fundamentals of operations management and logistics. Specifically, the course builds on topics covered in the modules OPM 501 and OPM 502. Participants who have not attended these modules will require additional preparation. The course further assumes a basic knowledge in mathematics (including Linear Programming) and in statistics (probability distributions).

Contact hoursIndependent study time
Lecture2 SWS8 SWS
Exercise class2 SWS5 SWS
ECTS6
LanguageEnglish
Form of assessmentWritten exam (90 min.)
Restricted Admissionno
Further information
Examiner
Performing lecturer
Prof. Dr. Moritz Fleischmann
Prof. Dr. Moritz Fleischmann
OfferingSpring semester
Duration of module 1 semester
Range of applicationM.Sc. MMM, M.Sc. Bus. Edu., M.Sc. Econ., M.Sc. Bus. Inf., M.Sc. Bus. Math.
Preliminary course work
Program-specific Competency GoalsCG 1, CG 3
Graded yes
LiteratureRecommended (not mandatory):
  • Chopra, S., Supply Chain Management: Strategy, Planning, and Operation, 7th Global Edition, Pearson, 2019
  • Additional specific literature will be communicated in the course
Course outlineTentative outline (subject to change):
  • Introduction to Supply Chain Management
  • Supply Chain Design
  • Value of Information
  • Supply Chain Coordination and Integration
  • Sustainability and Closed-Loop Supply Chains
  • Supply Chain Management in e-Commerce
  • Digitalisation in Supply Chain Management