Lehrinhalte
The course deals with the coordination of information and product flows in supply chains. First, interdependencies between the different stages of a supply chain are identified, and then methods for coordinating ordering, production and consumption at these stages are introduced. The focus of the course is on determining optimal production, ordering and transportation policies for supply chains. The course also discusses different contractual mechanisms for coordinating the supply chain.
After participating in this course, students should be able to understand and describe planning problems that occur in supply chains and to support solving these problems with the help of mathematical models. In addition, students should be able to classify all planning problems covered in the course within a general business context.
1. Basics of supply chain management
2. Coordination of production and order policies
2.1. The Joint Economic Lot Size Model
2.2. Batch shipments in the Joint Economic Lot Size Model
3. Information management in supply chains
3.1. Impact of demand uncertainty on the supply chain
3.2. Inventory replenishment for periodic inventory control
3.3. Inventory replenishment for continuous inventory control
3.4. The Newsvendor model
3.5. The Bullwhip effect
4. Contracts and incentive systems in supply chains
4.1. The double marginalization problem
4.2. Quantity discounts
4.3. Return options
Literatur
Will be announced in the course.
Voraussetzungen
Students should be familiar with the contents covered in the course "Principles of Business Administration I II" as well as Production and Supply Chain Management, and they should be able to apply basic OR methods.
Additional Information
After the course students are able to
[list]
[*]identify problems, which result from the inter-organizational cooperation in value chains.
[*]design the cooperation of companies.
[*]evaluate types of inter-organizational cooperations and its advantages and challenges.
[*]deduce activities to adopt the advantages of inter-organizational cooperations.
[*]adopt the theories and concepts of inter-organizational structures and its functionality.
[*]apply theoretical knowledge to an actual situation and to real problems (part of a tutorial).
[/list]
The course deals with the coordination of information and product flows in supply chains. First, interdependencies between the different stages of a supply chain are identified, and then methods for coordinating ordering, production and consumption at these stages are introduced. The focus of the course is on determining optimal production, ordering and transportation policies for supply chains. The course also discusses different contractual mechanisms for coordinating the supply chain.
After participating in this course, students should be able to understand and describe planning problems that occur in supply chains and to support solving these problems with the help of mathematical models. In addition, students should be able to classify all planning problems covered in the course within a general business context.
1. Basics of supply chain management
2. Coordination of production and order policies
2.1. The Joint Economic Lot Size Model
2.2. Batch shipments in the Joint Economic Lot Size Model
3. Information management in supply chains
3.1. Impact of demand uncertainty on the supply chain
3.2. Inventory replenishment for periodic inventory control
3.3. Inventory replenishment for continuous inventory control
3.4. The Newsvendor model
3.5. The Bullwhip effect
4. Contracts and incentive systems in supply chains
4.1. The double marginalization problem
4.2. Quantity discounts
4.3. Return options
Literatur
Will be announced in the course.
Voraussetzungen
Students should be familiar with the contents covered in the course "Principles of Business Administration I II" as well as Production and Supply Chain Management, and they should be able to apply basic OR methods.
Additional Information
After the course students are able to
[list]
[*]identify problems, which result from the inter-organizational cooperation in value chains.
[*]design the cooperation of companies.
[*]evaluate types of inter-organizational cooperations and its advantages and challenges.
[*]deduce activities to adopt the advantages of inter-organizational cooperations.
[*]adopt the theories and concepts of inter-organizational structures and its functionality.
[*]apply theoretical knowledge to an actual situation and to real problems (part of a tutorial).
[/list]
- Lehrende: Christoph Glock
Semester: WT 2018/19