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Course Promo
Supply Chains are everywhere. From the meal on your table to the phone you are using supply chains are ubiquitous. Go to your kitchen, look around, you will see the end result of numerous food and agriculture supply chains. Open the refrigerator, you will see the end result of cold chains. Return the dress you purchased, you are triggering a reverse supply chain. This course provides foundations of supply chain management essentials. Supply chains involve the flow of materials, money and information across numerous entities. Ability to coordinate these flows in a manner that is optimal to all entities in different supply chain contexts is the essence of this course. Students will be introduced to supply chain strategies, network design and global sourcing as a part of this course. |
Slides Sheets and other shenanigans
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Wraps & Scribbles
Session 1: Our first date!
We broke the ice and tried to understand each other's expectations.
Session 2: Supply Chains : Well they escalated quickly
We started to explore the amazing world of supply chains. We explored how knotty these chains can get and how global supply chains can get so interconnected!
Netflix series Narcos and Tollywood blockbuster Pushpa made a special appearance.
Netflix series Narcos and Tollywood blockbuster Pushpa made a special appearance.
Session 3: Right fit, Right shoe
We explored the different types of supply chains with some illustrative examples. We saw how supply chain strategy should be aligned to the product characteristics. Broadly speaking, if you are an elephant, you cannot behave like a cheetah and vice versa!
Session 4,5: What a load of Bullwhip!
In this epic two session marathon, you played the famous Root beer game and got a hands on understanding of the bullwhip effect. As you navigated the tsunamis of backlogs or overstock, you learnt that life in a supply chain can get quite complicated without information sharing. We looked at the root causes and solutions.
Session 6: Mid Term Wrap
We are at the mid point of the course and I am sure you have developed appreciation for supply chain management and the challenges therein. All the best for the mid term.
Session 7: Read React or Postpone
In this session, we looked at two strategies used by companies to make their supply chains more responsive. Postponement or delayed differentiation is used when the product architecture is modularizable and the key differentiating module can be attached at a downstream location in a supply chain. Developing a Read React capability helps deal with products that have highly volatile and unpredictable demand pattern and economies of the product allows for spare capacity to be set aside to deal with demand surges.