Lahore University of Management Sciences. DISC 333 Supply Chain and Logistics Management Spring Semester 2018

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Lahore University of Sciences DISC 333 Supply and Logistics Spring Semester 2018 Instructor Kamran Ali Chatha Room No. 436 SDSB Building Office Hours By Appointment Email kamranali@lums.edu.

1 Lahore University of Sciences DISC 333 Supply and Logistics Spring Semester 2018 Instructor Kamran Ali Chatha Room No. 436 SDSB Building Office Hours By Appointment Telephone 8094 Secretary/TA Sec: Umar Manzoor; TA: TBA TA Office Hours TBA Course URL (if any) suraj.lums.edu.pk COURSE BASICS Credit Hours 3 Lecture(s) Nbr of Lec(s) Per Week 28 Duration Recitation/Lab (per week) Nbr of Lec(s) Per Week Duration Tutorial (per week) Nbr of Lec(s) Per Week Duration COURSE DISTRIBUTION Core Elective Open for Student Category Close for Student Category Yes Undergraduate 3 rd year, 4 th year COURSE DESCRIPTION In today s world of competitiveness supply chains compete with supply chains rather than individual organizations. Individual organizations cannot survive by maximizing their local benefits rather they have to develop linkages and collaborate with others in order to survive and get a bigger pie of the market share. Moreover, globalization brings its own challenges and opportunities that impact the performance of each partner within a supply chain. In the wake of these challenges, many local and multinational organizations in Pakistan and abroad have established their own supply chain planning and execution functions. Whether that be manufacturing sector (FMCGs, Textiles, Engineering goods, Defense etc.), services sector (Financial Services, Retailing, Food Industry etc.) or social development sector (natural disaster management, social mobilization etc.), the need of supply chain management has become imperative. COURSE PREREQUISITE(S) Disc 230 Introduction to Business Process Modeling COURSE LEARNING OBJECTIVES After completing this course student shall be able to: Demonstrate and articulate key concepts in supply chain management. Understand the importance of supply chain function in any business environment. Understand various conflicting objectives such as costs or profits and customer service for their role in supply chain management Analyze suitable supply chain strategies and apply suitable supply chain analytics in any supply chain decision

2 5. 6. Lahore University of Sciences Use of computer based analytical tools to analyze supply chain decision situations Choose and apply appropriate supply chain management tools and techniques for supply chain decisions in a business organization. UNDERGRADUATE PROGRAM LEARNING GOALS & OBJECTIVES General Learning Goals & Objectives Goal 1 Effective Written and Oral Communication Objective: Students will demonstrate effective writing and oral communication skills Goal 2 Ethical Understanding and Reasoning Objective: Students will demonstrate that they are able to identify and address ethical issues in an organizational Goal 3 Analytical Thinking and Problem Solving Skills Objective: Students will demonstrate that they are able to identify key problems and generate viable solutions. Goal 4 Application of Information Technology Objective: Students will demonstrate that they are able to use current technologies in business and management Goal 5 Teamwork in Diverse and Multicultural Environments Objective: Students will demonstrate that they are able to work effectively in diverse environments. Goal 6 Understanding Organizational Ecosystems Objective: Students will demonstrate that they have an understanding of Economic, Political, Regulatory, Legal, Technological, and Social environment of organizations. Major Specific Learning Goals & Objectives Goal 7 (a) Program Specific Knowledge and Understanding Objective: Students will demonstrate knowledge of key business disciplines and how they interact including application to real world situations. Goal 7 (b) Understanding the science behind the decision making process (for MGS Majors) Objective: Students will demonstrate ability to analyze a business problem, design and apply appropriate decision support tools, interpret results and make meaningful recommendations to support the decision maker Indicate below how the course learning objectives specifically relate to any program learning goals and objectives. PROGRAM LEARNING GOALS AND OBJECTIVES Goal 1 Effective Written and Oral Communication Goal 2 Ethical Understanding and Reasoning Goal 3 Analytical Thinking and Problem Solving Skills COURSE LEARNING OBJECTIVES (OUTCOMES) Students shall be able to demonstrate their knowledge and understanding of supply chain concepts in oral and written manner (LO 1). Students shall articulate the understanding of conflicting performance objectives 1) supply chain profits and 2) supply chain customer service. Students shall demonstrate the ability to balance these objectives in a given business context (LO 3). Students shall be able to analyze various supply chain decision situations by using supply chain analytics (LO 4). COURSE ASSESSMENT ITEM Midterm, final exam and quizzes

3 Goal 4 Application of Information Technology Goal 5 Teamwork in Diverse and Multicultural Environments Goal 6 Understanding Organizational Ecosystems Goal 7 (a) Program Specific Knowledge and Understanding Goal 7 (b) Understanding the science behind the decisionmaking process LEARNING OUTCOMES (LO) Lahore University of Sciences Use of computer based mathematical and data analytics tools to analyze various supply chain decision situations (LO 5). Students shall work in teams for the analysis of business case studies and course project (LO 1 to 6). Students shall choose a course project from any organization and analyze how supply chain function adds to the organizational performance. Students shall also analyze business case students from various organizational contexts and analyze these case studies for the role of supply chain function in these organizational contexts (LO 2). Students shall learn theoretical concepts in supply chain and use these concepts to analyze business decisions relevant to supply chain situations via case studies and course project (LO 1 to 6). Understanding the role of supply chain function in any business situation, identifying key supply chain decisions, analyzing the decision alternatives by using supply chain analytics and summarizing the impact of key tradeoffs (LO 1 to 6). Quizzes Quizzes After completing this course student shall be able to: Demonstrate and articulate key concepts in supply chain management. Understand the importance of supply chain function in any business environment. Understand various conflicting objectives such as costs or profits and customer service for their role in supply chain management Analyze suitable supply chain strategies and apply suitable supply chain analytics in any supply chain decision Use of computer based analytical tools to analyze supply chain decision situations Choose and apply appropriate supply chain management tools and techniques for supply chain decisions in a business organization. GRADING BREAKUP AND POLICY Case Analysis Assignment(s) and Class Participation:20% Quiz(s): 10% (4 quizzes) Attendance: 5% Midterm Examination: 20% Project: 20% Final Examination: 25% Course Project The course requires you to work in a project drawn from a real life situation. It shall be done in a group format. You shall submit a 1~2page project proposal by 16 th lecture. Your group shall orally present your findings on 27 th or 28 th lecture. Presentation and accompanied data analysis files should be submitted on the day of your presentation.

4 Lahore University of Sciences Class Participation and Case Assignment Throughout the course, six (6) cases shall be discussed. You are supposed to prepare a written report or summary on each case. It shall be done in a group format. Submitted versions should not be more than 3 pages (1.5 line spaces, 12 font size, Times New Roman). This report shall be submitted at the beginning of case discussion class. This report shall be a basis for a portion of case grade. Rest of the grade shall be marked on the basis of class participation during case class. Attendance Policy Your class presence is required. Therefore by missing a class you forfeit an opportunity to participate in class activities. Maximum Four (4) absences are tolerated. Any further absences shall in grade deduction. Any student who exceeds eight (8) absences shall automatically fail the course. Petitions should be submitted along with proper documentation (e.g. a medical certificate certifying illnesses or OSA certifying participation in OSA activity) and shall be approved on case by case basis. The instructor reserves the right to make changes to the grading system and the syllabus as appropriate during the semester. EXAMINATION DETAIL Midterm Exam Final Exam Yes/No: Yes Combine Separate: Duration: 1.5 hours Preferred Date: Regular Class Exam Specifications: Calculators allowed. Closed books. Closed notes. Formula Sheet provided Yes/No: Yes Combine Separate: Duration: 1.5 hours Exam Specifications: Calculators allowed. Closed books. Closed notes. Formula Sheet provided. COURSE OVERVIEW WEEK/ TOPICS LECTURE/ MODULE Module: Introduction and Supply Networks Lecture 1 & 2 Introduction to Supply Types of Supply s Supply Performance: Achieving Strategic Fit Lecture 3 Network Design in the Supply Divergent and Convergent Supply Networks Module: Managing Supply Side in the Supply Lecture 4,5,6 Supply Sourcing: Procurement and Supplier Relationship Price Determination RECOMMENDED READINGS Lecture Notes Chapter 1: Introduction to Supply David Simchi Levi: Chapter 2 (pp ). Lecture Notes Chapter 3: Procurement Lecture 7 Case Study: Procurement Students Are Expected to Prepare the Case OBJECTIVES/ APPLICATION Understanding of Supply Basics, Types of Supply s. Concept of Performance in Supply. Designing Supply Network in certain and uncertain environments. Procurement and Supplier Relationship management. Role of Contracts.

5 Lecture 8, 9 Product Life Cycle and Supply Planning Forecasting Lahore University of Sciences Lecture Notes Chapter 4: Supply Lecture Notes Chapter 5: Product Forecasts Lecture 10 Case Study: Supply Planning Students Are Expected to Prepare the Case Lecture 11, 12 Managing Inventories in Supply Lecture Notes Chapter 6: Product Inventory Lecture 13 Case Study: Inventories Students Are Expected to Prepare the Case Lecture 14 Midterm Exam Module: Managing Demand Side in the Supply Lecture 15, 16 Distribution Strategies. Distribution Network Design. Lecture Notes Chapter 7: Distribution Lecture 17 Case Study: Distribution Students Are Expected to Prepare the Case Lecture 18 Warehouse. Lecture Notes Chapter 8: Warehouse Lecture 19 Case Study: Distribution Students Are Expected to Prepare the Case Networks Lecture 20, 21 Transportation in Supply Lecture Notes Chapter 9: Transportation Lecture 22 Case Study: Transportation and Students Are Expected to Prepare the Case Warehousing Module: Special Topics in Supply Supply Planning, S&OP Statistical and Collaborative Forecasting, Role of Inventory Planning in Supply s. Risk Pooling, Centralization vs. Decentralization of Inventories. Discussion on Distribution, Warehousing and Transportation Issues in Supply. Distribution Network Design, Company Owned vs. Partnership Model. Lean vs. Agile Supply Networks. Lecture 23 & 24 Bullwhip Effect: RohAfza Game RohAfza Game Information Lack of Coordination in Supply : Bullwhip Effect Lecture 25 Value of Information in Supply David Simchi Levi: Chapter 4 (pp ) Role of Information in supply chain management. Lecture 26 Lecture 27, 28 Postponement and Double Marginalization Project Presentations Gary M. Gaukler, 2007, Risk Pooling and Double Marginalization. Janus Pagh, 1998, Supply Postponement. Impact of postponement and double marginalization on supply chain profits. TEXTBOOK(S)/SUPPLEMENTARY READINGS Textbook: None (i.e. Course Pack Updated) Supplementary Readings: Simchi Levi, D., et al., Designing and Managing the Supply. 2e, McGraw Hill Irwin, Chopra, S., and Meindl, P., Supply : Strategy, Planning and Operation. 2e, Pearson Education, ISBN: Bowersox, D.J., Closs, D.J., and Cooper, M.B., 2002, Supply Logistics, McGraw Hill Higher Education, ISBN: Arjen van Weele, Purchasing and Supply, Cengage Learning, ISBN:

Lahore University of Management Sciences. FINN 321 Econometrics Fall Semester 2017

Lahore University of Management Sciences. FINN 321 Econometrics Fall Semester 2017 Instructor Syed Zahid Ali Room No. 247 Economics Wing First Floor Office Hours Email szahid@lums.edu.pk Telephone Ext. 8074 Secretary/TA TA Office Hours Course URL (if any) Suraj.lums.edu.pk FINN 321 Econometrics