Required text
[SPP] Silver, Edward, David Pyke, and Rein Peterson. Inventory Management and Production Planning and Scheduling. 3rd ed. New York, NY: John Wiley & Sons, 1998. ISBN: 9780471119470.
Optional texts that you may find useful for your library
[N] Nahmias, Steven. Production and Operations Analysis. 5th ed. New York, NY: McGraw-Hill, 2004. ISBN: 9780071238373.
[CM] Chopra, Sunil, and Peter Meindl. Supply Chain Management. 3rd ed. Upper Saddle River, NJ: Prentice Hall, 2006. ISBN: 9780131730427.
[B] Ballou, Ronald. Business Logistics Management. 5th ed. Upper Saddle River, NJ: Prentice Hall, 2003. ISBN: 9780130661845.
[CT] Cachon, Gerard, and Christian Terwiesch. Matching Supply with Demand: An Introduction to Operations Management. New York, NY: McGraw-Hill, 2005. ISBN: 9780072918991.
| SES # | TOPICS | READINGS |
|---|---|---|
| 1 |
Course introduction and objectives Concepts and approaches to supply chain uncertainty |
SPP, chapters 1-2, pp. 3-26. |
| 2 | Supply chain fundamentals and segmentation analysis | SPP, chapter 3, pp. 27-66. |
| 3 | Demand forecasting I: Time series analysis | SPP, chapter 4, pp. 74-134. |
| 4 | Demand forecasting II: Causal analysis | SPP, chapter 4.4.1, pp. 83-85. |
| 5 | Demand forecasting III: New product forecasting | Handout |
| 6 | Demand forecasting IV: Connections to planning and management | Handout |
| 7 | Inventory management I: Level demand, EOQ, sensitivity | SPP, chapter 5.1-5.4, pp. 149-159. |
| 8 | Inventory management II: EOQ extensions, discounts, exchange curves, etc. | SPP, chapter 5.5-5.10, pp. 159-182. |
| 9 | Inventory management III: Time-varying demand (fixed horizon) | SPP, chapter 6, pp. 198-222. |
| 10 | Review of probability and statistics using Excel and textbook | |
| 11 | Inventory management IV: Probabilistic demand, safety stock | SPP, chapter 7.1-7.6, pp. 232-252. |
| 12 | Inventory management V: Backorder costs, implied costs, extensions, A and C items | SPP, chapter 7.7-7.9 and 7.11, pp. 253-280 and 284-295. |
| 13 | Problem solving session: Probabilistic demand | |
| 14 | Inventory management VI: Special products — fashion, style, and perishable goods | SPP, chapter 10, pp. 382-404. |
| 15 | Inventory management VII: MRP and DRP systems | |
| 16 | Inventory management VIII: Inventory management and optimization in practice | Handout |
| 17 | Supply chain network design | Handout |
| 18 | Supply chain contracts | Handout |
| 19 | Auctions in supply chain management | Handout |
| 20 | Transportation I: Fundamental concepts, strategic networks, connection to inventory planning | Handout |
| 21 | Transportation II: Operational network analysis | Handout |
| 22 | Transportation III: Routing and scheduling approaches and algorithms | Handout |
| 23 | Transportation IV: Shipper perspective — strategies and approaches for design and management | Handout |
| 24 | Transportation V: Procurement and use of combinatorial auctions | Handout |
| 25 | Transportation VI: Carrier operations and yield management | Handout |
| 26 |
Risk pooling strategies and approaches Putting it all together — what really happens in practice? |
Handout |
| 27 | Final exam |
