Supply Chain Management

Competitive advantages and supply chain contribution. Customer expectations to supply chain value generation. Strategic role of lead time. Supply chain complexity perspectives and drivers. Supply chain risks. Supply chain models. Supply chain component processes. Supply chain mapping. Lead time gap and lead time compression. Managerial levers in supply chains. Supply chain performance metrics. Supply chain total cost, total cost of ownership and cost trade-offs. Analysis of stockout impact. Supplier selection. Supplier monitoring. Supplier relationship management. Supply portfolio management. Inventory management. Roles of inventory. Inventory in connection of process control. Theory of Constraints and LEAN management and their reflection on inventory management. Forrester effect and the role of information exchange and process development in supporting demand transparency. Supply chain flexibility and agility. Coordination across company boundaries. Supply chain integration and barriers. Main megatrends influencing supply chains. Supply chains from the perspective of global sustainability.

NB! This course will take place in autumn semester 2024/2025 which starts on 2nd of September and ends 26th of January (you can find that information under Start date section). The real course start and end dates will be announced at the beginning of September at the latest.

After completing this course, the student:

• explains the nature and applications of classical and modern supply chain management, inventory management and purchasing management concepts, models and analytical tools and relevant applicational characteristics;
• analyses practical supply chain and related environments systematically;
• synchronises supply chain performance priorities with business strategy;
• identifies main managerial levers and challenges of a particular supply chain;
• analyses the means to overcome bottlenecks;
• evaluates risks and identifies feasible pre-emptive and reactive measures, and sets priorities for supply chain performance development initiatives.

Final assessment can consist of one test/assignment or several smaller assignments completed during the whole course. After declaring a course the student can re-sit the exam/assessment once. Assessment can be graded or non-graded. For specific information about the assessment process please get in touch with the contact person of this course. For specific information about grade transfer please contact your home university

• Martin Christopher "Logistics and Supply Chain Management“ 5th ed. (2016)
• Sunil Chopra, Peter Meindl "Supply Chain Management. Strategy, planning and operation", 6th ed. (2015)
• Paul R. Murphy, A. M. Knemeyer „Contemporary logistics“ 12th ed. (2018)

lectures, exercises