Syllabus

Title
1516 Supply Management
Instructors
Dr. Pamela Nolz, Univ.Prof.i.R. Dipl.-Ing.Dr. Werner Jammernegg
Contact details
werner.jammernegg@wu.ac.at, pamela.nolz@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/22/12 to 02/29/12
Registration via LPIS
Notes to the course
This class is only offered in summer semesters.
Subject(s) Master Programs
Supply Management
Dates
Day Date Time Room
Tuesday 03/06/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 03/13/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 03/20/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 03/27/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 04/17/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 04/24/12 09:00 AM - 12:30 PM H D204 (UZA 4)
Tuesday 05/08/12 09:00 AM - 12:30 PM H D204 (UZA 4)

On this page:

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Contents
The course provides an introduction to the foundations of Sourcing and Supply Management. Strategic sourcing is discussed as an integral part of operations strategy. The benefits of outsourcing based on the total cost of ownership and on the term-structure of supply relationships are discussed. The terms of the relationship and its management over time is considered, focusing on different types of formal supply contracts.
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Learning outcomes
After successful completion of this course, students should be able to:> evaluate outsourcing decisions and alternative types of supply relationships> select suppliers (single vs. multiple sourcing, dual sourcing, local vs. global sourcing)> determine the optimal way of cooperation (formal contracting or informal supplier scorecard, centralized vs. decentralized control)> design supply contracts (vendor managed inventory, buy-back, quantity discounts, option contracts, revenue sharing, quantity flexibility contracts)> select an appropriate inventory policy (basestock, service level, supplier lead time)> understand quick response with (limited or unlimited) reactive capacity> know the basics of supply risks and of green sourcing> check the state of deliveries (tracking and tracing, global positioning systems, RFID)
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Teaching/learning method(s)
Insights from basic Operations Management principles and models Best practices from industry Experiental learning using software Case examples and case studies
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Assessment
Individual assignments incl. class participation: 10%
Group assignments (case examples and case studies): 40%
Final exam: 50%
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Readings
1 Author: Chopra, S./ Meindl, P.
Title: Supply Chain Management – Strategy, Planning and Operation

Publisher: Pearson
Edition: 4th ed.
Remarks: chapter 3, 10, 11, 12 and 14
Year: 2010
Content relevant for class examination: Yes
Type: Book
2 Author: Hopp W. J. / Spearman M. L.
Title: Factory Physics

Publisher: McGraw-Hill
Edition: 3rd ed.
Remarks: Chapter 2
Year: 2008
Content relevant for class examination: Yes
Type: Book
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Availability of lecturer(s)

- By appointment: werner.jammernegg@wu.ac.at, pamela.nolz@wu.ac.at

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Other

program's website: www.wu.ac.at/master/scm

SCM-Tutors can be contacted by email: scm-tutor@wu.ac.at 

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Unit details
Unit Date Contents
1 06.03.2012

Reading assignment for March 6:

a.) Chopra/Meindl: Chapter 3, Chapter 14, Sections 1 to 5 and 7 to 12

b.) Paper: It May Be Cheaper to Manufacture at Home, S. de Treville and L. Trigeorgis, Harvard Business Review, October 2010 -on class web site - required

c.) Paper: Don't let Your Supply Chain Control Your Business, T. Choi and T. Linton, Harvard Business Review, December 2011 - on class web site - optional

d.) Paper: Building the Supply Chain of the Future, Y. Malik, A. Niemeyer, B. Ruwadi, McKinsey Quarterly, January 2011 - on class website - optional

March 6. Strategic Sourcing

1. Lecture: Role of sourcing in SCM, outsourcing, supply relationships, third-party logistics, supplier scoring and assessment, supplier selection, auctions and negotiations
2. Discussion: Value of flexibility and control - based on the paper: It May Be Cheaper to Manufacture at Home, S. de Treville and L. Trigeorgis, Harvard Business Review, October 2010 - on class web site

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Reading assignment for March 13:

a) Chopra/Meindl: Chapter 17

b) Mexico-China Sourcing - online game description - on class web site- required
2 13.03.2012
March 13. Dual Sourcing
1. Lecture: Procurement process, sourcing planning and analysis, role of risk and IT
2. Online Game: Mexico-China Sourcing (vendor selection, dual sourcing) - on class web site - group competition

3. Discussion: Vendor selection, dual sourcing - based on the online game

4. Vendor Managed Inventory, collaborative planning, forecasting and replenishment

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Reading assignment for March 20:

a.) Chopra/Meindl: Chapter 12, Sections 1 and 2

b.) Teaching Supply Chain Concepts with the Newsboy Model, Nils Rudi, David Pyke - on class website - optional

c.) Barilla Spa Case - information on class web site - answer the case questions - required
3 20.03.2012

March 20. Product Availability and Supply Chain Performance

1. Guest lecture: Oliver Hilpold (Mondi)

2. Lecture: Newsvendor

3. Case Discussion: Barilla Spa Case (VMI) - information on class web site

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Assignment for March 27:

Teaching Supply Chain Concepts with the Newsboy Model: Homework problem 1.6 (wholesale price), 1.7 (postponement), 1.8 (market structures)

Reading assignment for March 27:

a.) Chopra/Meindl: Chapter 14, Section 6, Hopp/Spearman: Chapter 2, Section 2.4 - optional

b.) Teaching Supply Chain Concepts with the Newsboy Model, Nils Rudi, David Pyke - on class website - required
4 27.03.2012
March 27. Contracts

1. Lecture: Coordinating contracts, base stock policy

2. Case discussion: Teaching supply chain concepts with the newsvendor model: double marginalization, postponement, market structure

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Assignment for April 17:

Reading assignment for April 17:

a.) Chopra/Meindl: Chapter 10

5 17.04.2012
April 17. Cycle Inventory
1. Case discussion

2. Lecture: Managing economies of scale in a supply chain: cycle inventory

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Assignment for April 24:
a.) Case study: Delivery Strategy at MoonChem in Chopra/Meindl: Chapter 10 - answer the case questions - required
Reading assignment for April 24:

a.) Chopra/Meindl: Chapter 11

6 24.04.2012
April 24. Safety Inventory
1. Case discussion: Delivery Strategy at MoonChem

2. Lecture: Managing uncertainty in a supply chain: safety inventory, continuous review policy, periodic review policy

3. Discussion and questions concerning the final exam on May 8

7 08.05.2012 May 8. Final Exam
Last edited: 2012-03-07



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