{"id":660,"date":"2021-10-12T15:41:20","date_gmt":"2021-10-12T15:41:20","guid":{"rendered":"https:\/\/itgeeks.in\/home\/?p=660"},"modified":"2021-10-12T15:41:22","modified_gmt":"2021-10-12T15:41:22","slug":"2k6-me-804-inventory-supply-chain-management","status":"publish","type":"post","link":"https:\/\/itgeeks.in\/home\/?p=660","title":{"rendered":"2K6 ME 804 : INVENTORY & SUPPLY CHAIN MANAGEMENT"},"content":{"rendered":"\n

Module I (12 hours)<\/strong>
Supply chain management (SCM) – concept of logistics and SCM – decision phases – design, planning and operation – decision areas – type of supply chain views – flows in supply chain – supply chain and competitive performance – performance measures for SCM – strategic fit – drivers of supply chain
Module II (12 hours)<\/strong>
Sourcing and procurement – sourcing – factors in source selection – vendor rating – qualitative and quantitative methods – purchasing – objectives and procedure – purchasing systems – tender method – computer based systems\/EDI – inventory concept – functions of inventory – selective inventory control techniques – structure of inventory problem – costs associated with materials management – relevant costs
Module III (14 hours)<\/strong>
Independent demand items – probabilistic – single order quantities – payoff matrix – incremental analysis – mathematical formulation of discrete and continuous cases – independent demand items – deterministic and dynamic – deterministic inventory models without and with backordering – sensitivity analysis – quantity discount – all units and incremental discounts
Module IV (14 hours)<\/strong>
Independent demand items – probabilistic and dynamic inventory models – Q and P system models – dependent demand items – deterministic models – lot sizing models – lot by lot – EOQ – part period balancing – wagner-whitin method – concept of just-in-time – kanban – introduction to distribution requirement planning <\/p>\n\n\n\n

Text books<\/strong>
1 Dobler D.W. & Burt D.N., Purchasing and Supply Management: Text and Cases, Tata McGraw Hill Publishing Company Limited
2 Tersine R.J., Principles of Inventory and Materials Management, Prentice-Hall Inc
3\u00a0Starr M.K. & Miller D.W., Inventory Control: Theory and Practice, Prentice Hall of India<\/a>
4 Chopra S. & Meindl P., Supply Chain Management: Strategy, Planning, and Operation, Pearson Education Asia<\/a>
Reference books<\/strong>
1 Christopher M., Logistics and Supply Chain Management, Pitman Publishing Company<\/a>
2 John Mortimer (Editor), Logistics in Manufacturing: An IFS Executive Briefing, IFS Publications, U.K. & Springer-Verlag
3 Narasimhan S.L., Mcleavy D.W. & Billington P.J., Production Planning and Inventory Control, Prentice Hall of India
4 Raghuram G. & Rangaraj N., Logistics and Supply Chain Management: Cases and Concepts, Macmillan India Limited<\/p>\n\n\n\n

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S8 QUESTION PAPERS<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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