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    Syllabus Supply Chain Modeling IIMR

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    Onal Raut
    This document provides an outline for the course "Supply Chain Modeling" which focuses on using various modeling techniques and models to help with decision making related to supply chain management. The course objectives are to expose participants to data analytics, modeling skills, and different types of models used in supply chain contexts. The course covers topics like optimization models, descriptive models, and modeling under uncertainty. Case studies and hands-on modeling exercises are included to help participants develop their skills.

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    Syllabus Supply Chain Modeling IIMR

    Uploaded by

    Onal Raut
    425 views7 pages
    This document provides an outline for the course "Supply Chain Modeling" which focuses on using various modeling techniques and models to help with decision making related to supply chain management. The course objectives are to expose participants to data analytics, modeling skills, and different types of models used in supply chain contexts. The course covers topics like optimization models, descriptive models, and modeling under uncertainty. Case studies and hands-on modeling exercises are included to help participants develop their skills.

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    Syllabus Supply Chain Modeling IIMR

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    This document provides an outline for the course "Supply Chain Modeling" which focuses on using various modeling techniques and models to help with decision making related to supply chain management. The course objectives are to expose participants to data analytics, modeling skills, and different types of models used in supply chain contexts. The course covers topics like optimization models, descriptive models, and modeling under uncertainty. Case studies and hands-on modeling exercises are included to help participants develop their skills.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    425 views7 pages

    Syllabus Supply Chain Modeling IIMR

    Uploaded by

    Onal Raut
    This document provides an outline for the course "Supply Chain Modeling" which focuses on using various modeling techniques and models to help with decision making related to supply chain management. The course objectives are to expose participants to data analytics, modeling skills, and different types of models used in supply chain contexts. The course covers topics like optimization models, descriptive models, and modeling under uncertainty. Case studies and hands-on modeling exercises are included to help participants develop their skills.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    Indian Institute of Management Raipur

    Post Graduate Programme 2013-15


    Term-V

    Supply Chain Modeling


    Course Outline
    Instructor
    Santosh Kumar Prusty, Ph.D. (IIT Kharagpur)
    Assistant Professor, IIM Shillong

    Course Description
    The course on Supply Chain Modeling
    focuses on those participants who would
    look forward in their carrier to be in the
    Supply Chain and Logistic Management
    domains
    and/or

    as

    managers,

    entrepreneurs,

    consultants,
    i.e.

    decision

    makers. The focus of the course is how to


    take various decisions related to Supply
    Chain

    Management

    and

    Logistic

    Management using different types of


    models and modeling techniques. In the
    current analytics era, rapidly dominating
    the business world, huge amount of data

    Courtesy: www.mit.edu

    are generated every moment, which can be useful for the decision makers if they can
    read, explain, and use them intelligently. The courses goal is to sensitize the
    participants how models can be effectively constructed and applied to Supply Chain
    Management problems for better and effective decision making process. This is neither
    a purely theoretical nor a case study course, but rather an analytical course that
    addresses real problems found in practice related to Supply Chain management and
    how they can be tackled using various modeling techniques and models.

    Course Objectives
    The objectives of the Supply Chain Modeling course are:
    To sensitize the participants with the various data collection, data collation, and
    data analytics techniques related to Supply Chain Management.
    To equip the participants with art and science of modeling skills in the context of
    Supply Chain Management.
    To reflect the attitude of participants to themselves in taking decisions using
    various modeling techniques and models i.e. Statistical, Optimization, System
    Dynamics, and other Descriptive models.
    The objective of the course is NOT to theorize a Supply Chain Management context into
    a general theoretical model, which is usually developed by the researchers and
    PhD/FPM students.

    Course Motivation and Course Map


    Models are the abstractions of reality. Hence, all models are wrong. However, models
    are useful. It is wrong to be the slave of the models rather to use the models for effective
    decision making. Therefore, it is essential on the part of the modeler to capture the
    reality and ingrain them to the models so that models will be credible. However, due to
    the bounded rationality of human mind i.e. modeler, the abstraction process becomes
    difficult, sometimes erroneous. The difficulty increases when the complexity attached
    with the reality (that is to be modeled) increases. Hence, the model becomes too much
    complex and effectiveness of its use is reduced. Too much simplification by the modeler
    also leaves out many important aspects of reality resulting a vague model of no or limited
    use. In such dichotomous situation, modeling becomes as an art as well as science.
    Furthermore, the stake involved in the decisions to be taken with the help of model
    increases as it goes up in the ladder. That means more the decision is strategic, more is
    the stake involved in the organization that puts more responsibility on the modeler.
    Hence, there is thin thread between the simplifications vs. precision and operational vs.
    strategic levels. The risk amplifies when the time period between the decisions taken
    and outcome of the decisions. Hence, the life of modeler is always tough. The syllabus
    for the course is planned according to the level of complexity involved in the reality and
    importance of decision problems with respect to the organization that is pictorially
    illustrated below.
    2

    Customer Allocation
    Manufacturing Strategy
    Distribution Strategy

    Level of Complexity
    LOW
    HIGH

    Inventory Decisions

    Capacity Allocation

    Resource Utilization

    Capacity Planning

    Plant/Distribution
    Facility Location

    Distribution Mode
    Product and Process Selection
    Vendor Managed Inventory

    Optimal Procurement Policy

    Production Scheduling

    Supplier Selection

    Direct Delivery from Supplier

    Configuration

    of Distribution Facilities

    Product Line Selection

    LOW
    HIGH
    Level of Organizations Stake
    Figure 1: Level of Complexity Vs Organization's Stake involved with Model

    Course Outline
    Sl No
    1

    Topic
    Supply Chain
    Management
    Decisions

    Integration of
    Emerging
    Information
    Technology with
    Supply Chain
    Management for
    Model Building
    Optimization Models
    for Supply Chain

    3-4

    Learning Points & Learning References


    To understand the Supply Chain as a system and
    identify the important decisions that are taken by
    decision makers to improve the overall performance.
    Reference(s):
    Articles:
    MIT Professor Sees Promise In Supply Chain
    Modeling
    Performance Measures and Performance Models
    for Supply Chain Decision Making by Y Narahari
    and Shantanu Biswas
    How to do Strategic Supply Chain Planning.
    (2003) ManMohan S Sodhi, MIT Sloan
    Management Review. Vol 45, No. 1
    To understand the role of Information Technology in
    Supply Chain that can help in bringing Analytics for
    Developing Models for Decision Making.
    Reference(s):
    Article: Supply Chain Analytics
    Chapter 1
    Chapter 2
    To start understanding simple modeling methods for
    various decisions using Linear Programming
    3

    5-6

    7-8

    9-10

    11-12

    13-14

    Management: Linear
    Programming
    Resource Allocation
    Models
    Transportation
    Models
    Multi-objective
    Optimization
    Stochastic Models
    Optimization Models
    for Supply Chain
    Management: Mixed
    Integer Programming
    Supplier Selection
    Supply Chain
    Network
    Optimization
    Real-life Application
    of Optimization
    Modeling of Supply
    Chain
    Unified
    Optimization
    Methods
    Heuristic Models

    Descriptive Models
    for Supply Chain
    Management
    Decisions
    Demand
    Forecasting
    Simulation Models
    DEA Models
    Supply Chain
    Decision Database
    Using Data for
    Modeling

    Reference(s):
    Chapter 3

    To capture the increased level of complexity in


    modeling Supply Chain related decisions
    Reference(s):
    Chapter 4
    HBS Case: DHL Supply Chain (Classroom
    Hand-on Exercise)
    Case: Strategic Planning at Ajax (Chapter 4,
    Page: 130)
    HBS Case: Supply Chain Optimization at Madurai
    Aavin Milk Dairy (Classroom Hand-On Modeling
    Workshop)
    To understand how too much complex scenarios can
    be simplified and modeled to suit to the customized
    decision requirement and achieve a fair model output
    without diluting the reality.
    Reference(s):
    Chapter 5
    Case: Chemtech Vehicle Routing (Chapter 5,
    Page 189)
    Case: Goodstone Tire Company Production
    Scheduling (Chapter 5, Page: 198)
    To learn other modeling techniques and models
    other than optimization models to understand and
    analyze the supply chain management situations.
    Reference(s):
    Chapter 6

    To understand how various kinds of data are stored,


    retrieved, and used in modeling for various decision
    making situation.
    Reference(s):
    Chapter 7
    Case: Transfer Pricing Model for Tasty Chips
    Company (Chapter 7, Page: 280)

    15-16

    Real-life Application
    of Cost Modeling of
    Supply Chain
    Modeling for Supply
    Chain Planning
    Decisions (Strategic
    and Tactical)
    Resource
    Acquisition and
    Divestment Option

    HBS
    Case:
    Whirlpool
    Corporation
    Global
    Procurement
    (Classroom
    Hand-On
    Modeling
    Workshop)
    To learn modeling for Strategic Supply Chain
    decisions using Optimization Techniques.
    Reference(s):
    Chapter 8

    HBS Case: Dollar Tree Logistics (Classroom Hand-On


    Modeling Workshop)
    17-18

    Modeling for Supply


    Chain Planning
    Decisions
    (Operational)

    Reference(s):
    Chapter 9
    HBS Case: School Chaley Hum: Optimizing Students
    Commute to KPS (Classroom Hand-On Modeling
    Workshop)

    19-20

    Modeling for
    Inventory Planning
    Decisions
    Modeling for Supply
    Chain Decision
    Making under
    Uncertainty
    Scenario Planning
    Contingency
    Planning

    Reference(s):
    Chapter 10
    Reference(s):
    Chapter 11
    HBS Case: Delivering Doors in a Window: Supply
    Chain Management at Hindustan Aeronautics
    Ltd.

    Pedagogy
    The course will be mostly delivered through discussions and hand-on-modeling
    activities. Every participant has to bring Laptop to the sessions and start the modeling
    activity when the instructor will narrate a problem situation. There will be lectures also
    by the instructor as and when required. It is expected that the participants need to
    involve themselves in the hand-on-modeling exercises for enhancing their modeling skill
    better. They are also required to submit assignments (building models) as and when the
    instructor will float them. A successful case discussion demands intensive preparation
    from both sides and rational participation in the discussions. The cases will be
    distributed to you well in advance for preparation. Some of the cases are to be presented
    by the participants in groups during the class hours as assignments.

    Evaluation
    Components
    Mid-Term/Case Analysis/Presentations
    Assignment Submissions
    End-term exam
    Total

    Weight
    20%
    30%
    50%
    100%

    Text Book Reference


    Shapiro, Jeremy F. (2007). Modeling The Supply Chain. Cengage Learning Pub.

    Case References
    Product Number

    Product Title

    W12888-PDF-ENG

    DHL Supply Chain

    BH627-PDF-ENG

    Supply Chain Analytics

    UV1448-PDF-ENG

    Dollar Tree Logistics

    SMR120-PDF-ENG
    IMB341-PDF-ENG

    UV0341-PDF-ENG
    W13196-PDF-ENG
    IMB305-PDF-ENG

    W11600-PDF-ENG
    898238-PDF-ENG

    Author(s)

    Singfat Chu, David


    Ringrose
    Gilvan C. Souza

    Timothy M. Laseter, Yu
    Wu
    How to do Strategic Supply Chain Manmohan S. Sodhi
    Planning
    Supply
    Chain
    Optimization
    at Unnikrishnan Dinesh
    Madurai Aavin Milk Dairy
    Kumar; P. Arun Pandian;
    Nachiappan SP
    Whirlpool
    Corporation
    Global Timothy M. Laseter
    Procurement
    School Chaley Hum: Optimizing Omkarprasad S. Vaidya;
    Students Commute to KPS
    David Sparling; Rohit
    Bhagat
    Delivering Doors in a Window: Supply Unnikrishnan Dinesh
    Chain Management at Hindustan Kumar; Arun Manohar;
    Aeronautics Ltd.
    G. N. Sripriya
    DD Traders: Sourcing for DEMDACO
    Peter C. Bell; Carolyn
    Glasow; Julia Ho
    Pioneer Hi-Bred International, Inc.: Francis J. Aguilar; Xin X
    Supply Management
    He; Paul Clark

    Learning Objectives
    1. To introduce students to the development of mathematical modeling and solution
    tools for supply chain management;
    2. To teach students to use these tools to analyze strategic, tactical, and operational
    supply-chain decisions including facility location, vehicle routing, and inventory
    management; and,
    3. To engage students in case studies based on real world supply chain decisions.

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