BUS340 Supply Chain Management

Supply chain management is about design, plan and control a network consisting og producers, suppliers, transporters, distributors, retailers, and customers. In order to maximize value creation one has to take all actors in the network into accounts and design, plan and control the supply chain in order to fulfill customer requirements in the best possible way. Within supply chain management one also must understand how company internal functions like finance, operations, and sales and marketing can affect value creation.

The course will consider issues at strategic, tactical and operational level. Specific topics in the course includes: The supply chain, strategic fit and drivers. Designing the supply chain network. Planning demand and supply in a supply chain. Planning and managing inventories in a supply chain. Sourcing, transporting, and pricing products. Coordination and technology in the supply chain.

Knowledge

The student:

• has in-depth knowledge of key concepts and theories related to supply chain management
• has advanced knowledge of the relationship between competitive strategy and supply chain strategy
• can analyze and assess different designs of supply networks
• has in-depth knowledge of inventory management and service level optimization
• can apply knowledge of aggregate planning, transportation, procurement, pricing, and revenue management in supply chains
• has a deep understanding of coordination and collaboration within the supply chain

Skills

The student:

• can analyze and assess supply chain strategies in relation to the company’s overall competitive strategy
• can apply insights into market needs and organizational constraints to formulate proposals in supply chain design processes
• can develop and use relevant quantitative models to support decision-making in the planning and operation of supply chains
• can analyze complex problems and propose appropriate measures based on analytical and model-based approaches

General competence

The student:

• can apply their knowledge and skills to both practical and theoretical problems in an increasingly digital and sustainable society
• can analyze relevant professional and ethical issues within supply chain management
• can communicate academic issues, analyses, and solutions to both specialists and non-specialists
• can contribute to interdisciplinary collaboration and the development of responsible and sustainable solutions in organizations