Advanced Programme in Supply Chain Management (APSCM)

To equip managers and practitioners with the concept and practices of SCM, which will help them deliver corporate success through more efficient coordination with their suppliers and customers. The programme has been designed to suit the requirements of managers involved in SCM operational activities like procurement, production planning, logistics planning, sales and distribution planning, and strategic activities like vendor selection and management, SCM network optimization, and product/process re-design for SCM. The role of logistics and supply chain managers is progressively shifting from supply focused to demand focused owing to the increasing competitiveness of the business environment. Experts have designed this unique Programme at IIM Calcutta to enable these managers to be adequately skilled to keep up with the changes in the business environment and to rise beyond the expectations of their firms. Further, the program includes topics on fundamental aspects of management theory to enable supply chain practitioners to comprehend and leverage the business environment and equip them with skills to assume greater responsibilities cross-functionally.

Programme Content

Introducing Supply Chain Management

Core Supply Chain processes

Supply Chain complexity- Bull whip effect, Handling uncertainty

introduction to Supply Chain Simulation

Supply Chain Strategy

Evaluating supply chain network strategy: capacity, technology, translating supply chain decisions into financial terms - Total Landed Cost, Total Cost of Ownership, Discounted cash flow analysis

Supply Chain Structure Design: Push, pull, postponement

Supply Chain Governance: Contracts and Relationships

Risk and Resilience in Supply Chains

Sustainable Supply Chain Transformation

Introduction to Triple Bottom Review and SDGs, Sustainable Supply Chains and Value Chain Mapping, 3P Metrics, Circular Supply Chain

Inventory Management

Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders

Single period inventory models critical ratio, expected profit, expected units short

Continuous review policy(s,Q) model Periodic review policy (R,S) model using performance metrics (cycle service level and item fill rate) and stockout cost metrics (cost per stockout event and cost per item short)

Logistics and Global Supply Chain Management

Freight transportation- selection and its impact on inventory

Warehousing- design, operations heuristics, material handling

Designing Managing Channel Partners Distribution

Product Life Cycle and Distribution Challenges

Managing Customer Relationships

Measuring Channel Performance

Managing Channel Conflict

Procurement and Sourcing Management

Development of Supply Strategies

Purchasing Performance Evaluation

Supplier Price Cost Analysis, Value Analysis

Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.

Aggregate Planning, Sales Operations Planning, MRP

Sourcing Quality, Acceptance Sampling, Process Capability

Supply Chain Finance

Ecommerce supply chain fulfilment

Last mile logistics

Quick commerce

Omni-channel Ops and Supply Chain

Supply Chain Analytics Simulation

Exploratory Data Analysis, Data Visualisation, Modeling uncertainties using probability distributions, Stochastic modelling, Interference, Stastical quality control, Suppy Chain Optimation, Simulation and Modelling

Advanced Predictive Modeling Artificial Intelligence for Supply Chain

Regression time series analysis for demand forecasting, Bayesian Markov decision process, Graphical models, Bayesian optimization, Machine Learning.

Introduction to Operations

Process Analysis, Operations Strategy, Sales Operations Planning, Service Operations

Digital Supply Chains

Role of block chains, AI in digital transformation

Internet of Things, Enablers (clouds, platforms, and digital twins), Digital purchasing

Case studies of applications in various sectors

Topics in Fundamentals of Management Theory

M1. Finance -

Conceptual framework of financial reporting; Corporate Financial Statements: Balance Sheet;

Profit and Loss Statement; Cash Flow Statement Analysing Financial Statements; Financial Ratios;

Taxation supply chains.

M2. Negotiations -

Building negotiating ability, psychological insights and skills.

M3. International Trade -

Theories of international trade, Trade pattern across the world- trade and investment linkage through production networks Trade policy instruments-tariff, quota and other measures, WTO and Trade Blocks.

M4. Legal -

Legal Aspects of Purchasing, Sourcing Contracts.

Pedagogy

Courses are delivered through case studies, live corporate examples and general discussions. Business leaders from different industries would be invited to share their experiences to provide greater industry insights.