WEEK 0: OVERVIEW OF SUPPLY CHAIN DESIGN: In this week we will provide an overview of the course and introduce the concept of design. We will also provide a very quick review of the major concepts taught in SC1x.
WEEK 1: BASIC SUPPLY CHAIN NETWORK DESIGN: In this first week, Network Flow models are introduced and solved using spreadsheets. We then introduce the Facility Location problem and show how to formulate and solve it using Mixed Integer Linear Programs (MILPs).
WEEK 2: ADVANCED SUPPLY CHAIN NETWORK DESIGN: In this week we combine the Facility Location problem with the network flow models to formulate and solve larger Network Design problems to include facility capacity, level of service, inbound and outbound transportation, etc. We use the model to solve and test the sensitivity of the assumptions in a larger case study. We also discuss advanced topics in network design to include modeling multiple products, multiple echelons, and multiple time periods. Flexibility and robustness are also discussed.
WEEK 3: PRODUCTION PLANNING: This week we move from network design to working with internal (and external) manufacturing partners. We present the Fixed Planning Horizon model and solve it to develop optimal production plans. We then introduce and demonstrate the use of Bill of Materials (BOM), Material Requirements Planning (MRP) systems, and Distribution Requirements Planning (DRP) systems.
WEEK 4: SALES & OPERATIONS PLANNING AND DISTRIBUTION STRATEGIES: In this week the Sales & Operations Planning (S&OP) process is presented and discussed. We also present different distribution strategies and discuss how e-commerce has affected the design of distribution networks.
WEEK 5: OFF-WEEK: This is a week off. It is a chance for you to catch up on your graded assignments and to review the previous material. In this week we also address practical concerns involved with running a network design project.
WEEK 6: MIDTERM EXAM: The Midterm exam covers all of the material from weeks 1, 2, 3, and 4. The objective is to ensure mastery of Network Design, Production Planning and Distribution Channel Strategies. It will be a timed exam, available during one week, but once you start the exam there is a limited time to complete it.
WEEK 7: SUPPLIER MANAGEMENT: Professor Yossi Sheffi kicks off the module on supplier management by providing an overview of the sourcing and procurement functions within a firm and gives insights into how different approaches can be applied depending on the situation. Professor Sheffi continues the discussion on supplier management by presenting optimization based procurement. He also shows how these powerful techniques can be used in practice.
WEEK 8: SUPPLY CHAIN FINANCE I: Jim Rice will draw the connections between supply chains and accounting. He will provide a brief interview of the major accounting concepts relevant to supply chains to include Activity Based Costing (ABC), Working Capital, and the Cash-to-Cash conversion cycle.
WEEK 9: SUPPLY CHAIN FINANCE II: Dr. Jarrod Goentzel continues the discussion on supply chain finance by introducing discounted cash flow (DCF) analysis. He will demonstrate how to use DCF analysis in capital budgeting and justifying supply chain investment decisions.
WEEK 10: SUPPLY CHAIN FINANCE III AND ORGANIZATIONAL DESIGN: We wrap the course up by discussing and demonstrating how to design the supply chain organization itself. We also introduce a case study. At the end, we spend some time summarizing and synthesizing the concepts taught throughout the course.
WEEK 11: OFF-WEEK: This is a week off. It is a chance for you to review the course material.
WEEK 12: FINAL EXAM: The final exam covers all of the material in this course. The objective is to understand how all of the models, concepts, and approaches fit together. It will be a timed exam, available for one week, but once you start the exam there is a limited time to complete it.