Mar 28, 2024  
2020-2021 Course Catalog 
    
2020-2021 Course Catalog [ARCHIVED CATALOG]

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MGT 266 - Prin of Supply Chain Mgt.

Credits: 3
Lecture Hours: 3
Lab Hours: 0
Practicum Hours: 0
Work Experience: 0
Course Type: General


A deeper evaluation and in-depth analytical, conceptual and quantitative analysis of the supply chain management.  Focuses on integrating various elements including global transportation, distribution, logistics, purchasing, inventory, supply, warehousing and operations of the entire value chain. Real-world business simulation and case studies further reinforce the experiential learning process in the classroom.
Competencies
1. Evaluate the accuracy of a demand forecast.

  1. Explain the role of a demand forecast for a business.
  2. Differentiate between qualitative and quantitative forecast methods.
  3. Compute the value of a simple moving average forecast.
  4. Compute the value of a weighted moving average forecast.
  5. Compute the value of an exponential smoothing forecast.
  6. Compute the value of a linear trend forecast.
  7. Compute the value of a simple linear regression forecast.
  8. Compute the accuracy of a forecast.
  9. Describe a collaborative planning, forecasting, and replenishment system.

2. Compare and contrast the different elements of a resource planning systems.

  1. Describe the chase, level and mixed aggregate production strategies.
  2. Describe the hierarchical operations planning process.
  3. Compute required demand quantities using ATP, MRP and DRP systems.
  4. Describe the limitations of legacy MRP systems.
  5. Identify the advantages and disadvantages of ERP systems.
  6. Describe the elements of a bill of materials.
  7. Describe the elements of a capacity plan.
  8. Evaluate the history, use and implementation plan for an ERP system.

3. Choose the proper inventory control system to be used based on product demand.

  1. Distinguish dependent from independent demand inventories.
  2. Evaluate the four basic types of inventories and their functions.
  3. Describe the costs related to inventories.
  4. Compute inventory turnover.
  5. Evaluate the ABC classifications of inventory.
  6. Describe how RFID is used to track inventory.
  7. Critique the use and limitations of an EOQ formula.
  8. Compute a value for a statistical reorder point.
  9. Describe a continuous review system.
  10. Describe a periodic review system.

4. Compare and contrast different types of process management systems.

  1. Describe the elements of a lean manufacturing system.
  2. Evaluate the elements of a six-sigma system.
  3. Identify the relationship between inventory and setup time reduction programs.
  4. Describe how a DMAIC     improvement system operates.
  5. Critque the statistical tools used in six-sigma.
  6. Compute and construct an “x-bar”, “r” and “p” chart.

5. Evaluate service response logistics programs for service and manufacturing firms.

  1. Describe the elements of a service response logistics system.
  2. Compute productivity in a service system.
  3. Describe the service strategies used by various firms.
  4. Compute capacity utilization in a system.
  5. Identify the methods used to increase capacity in a system.
  6. Describe how queue times can be best managed.
  7. Evaluate the dimensions of service quality.

6. Assess the importance of process integration in supply chain management.

  1. Describe the advantages of process integration.
  2. Describe the obstacles to process integration.
  3. Define the issues important to internal and external process integration.
  4. Evaluate the role played by information systems in process integration.
  5. Discuss the causes of the “bullwhip effect” in process integration.
  6. Discuss the issues associate with supply chain risk and security.

7. Evaluate supply chain management performance.

  1. Evaluate how supply chain management can be a competitive factor for a firm.
  2. Describe traditional measures of performance.
  3. Compute productivity.
  4. Describe world-class performance measurement systems.
  5. Evaluate supply chain performance measurement systems.
  6. Evaluate the balanced scorecard measurement system.
  7. Examine the use of the SCOR performance model.



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