We recommend the following book, and will suggest complementary readings throughout the class, as well as use some of its cases and computer exercises:
We also recommend and suggest the following books as useful references or complements:
Calendar of Readings
|1||Introduction and Course Overview||
Read: SKS, chapter 1.
Optional Reading: CM, pp. 3-26.
Lee, Hau L., and Corey Billington. "Managing Supply Chain Inventory: Pitfalls and Opportunities." Sloan Management Review 33, no. 3 (spring 1992): pp. 65-73.
This class will review basic inventory theory: periodic review order-up-to policy; continuous review reorder point policy
Read: SKS, chapter 3.
Kimball, G. E. "General Principles of Inventory Control." Technical report. Cambridge, MA: Arthur D. Little, Inc. Republished in Journal of Manufacturing and Operations Management 1 (Spring 1988): pp. 119-130.
Optional Reading: N, pp. 265-313.
HS, pp. 48-88.
CM, pp. 249-383.
Supply Chain Tactical Planning
Guest Speaker: Mike Watson, Logic Tools
Supply Contracts I
These classes will introduce various types of supply chain contracts and examine how these mechanisms work, and in particular, how they help to accomplish supply chain coordination.
|Read: SKS, chapter 3, pp. 53-57.|
|6||Supply Contracts II|
Inventory Systems (cont.)
Guest Speaker: Dan Wheeler, LFM 2000
Multi-echelon Inventory Systems
Introduction to challenges, issues and relevant models (e.g., Eppen Schrage) for multi-echelon inventory systems
|Read: SKS, chapter 5, pp. 133-138.|
|9||Supply Chain and Postponement|
|10||Supply Chain and Product Design||Read: SKS, chapter 9.|
Supply Chain Integration - Controlling the Bullwhip
This class will discuss the bullwhip phenomenon, sources for it, ways of characterizing it, and then some remedies.
|Read: SKS, chapter 4.|
Supply Chain and Safety Stock Placement
Guest Speaker - Barrett Crane, HP, LFM '96.
Read: Billington, C., B. Crane, et. al. "Accelerating the Profitability of Hewlett-Packard's Supply Chains." Interfaces (Jan-Feb 2004).
Graves, S., and S. Willems. "Strategic Safety Stock Placement in Supply Chains." Proceedings of the 1996 MSOM Conference. Dartmouth College, Hanover NH, June 1996, pp. 299-304.
|13||Supply Chain and Safety Stock Placement|
|14||Strategic Alliances and Outsourcing||Read: SKS, chapter 6.|
Supply Chain Integration - Application of RFID
Wrap Up, Course Summary and Feedback for Continuous Improvement
|Read: SKS, chapter 5.|