DE / EN

OPM 601 Supply Chain Management

Content:  

Fulfilling a customer order typically involves multiple parties, such as suppliers, manufacturers, wholesalers, and retailers, each of them having their own objectives. At the same time, all parties are dependent on each other to serve the final customer. Supply chain management addresses the interplay between individual objectives and overall supply chain performance. The key insight is that supply chain coordination can generate a win-win situation, benefiting all supply chain members. This course discusses the need for supply chain coordination and introduces several mechanisms for achieving it. Key topics include supply chain coordination, incentive alignment, supply chain contracts, and information asymmetries. 

Learning outcomes:  

Students will understand the potential of coordinated decision making along the supply chain. They will also 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 able to quantify the effects of these mechanisms by means of corresponding mathematical models. 

Prerequisites:  

Formal: At least one of the modules OPM 501, 502, 561, 581, or 582 (parallel attendance possible) 

Recommended: 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). 

Obligatory registration: no  

Further Information on registration: -  

Courses  

Hours per week  

Self-study  

Lecture 

Exercise class 

ECTS in total 

Form of assessment  

Written exam (90 min.) 

Preliminary course work  

Lecturer/Person in charge  

Prof. Dr. Moritz Fleischmann 

Duration of module  

1 semester 

Offering  

Spring semester 

Language  

English 

Program-specific educational goals  

LG 1, LG 3 

Grade  

graded