Course Contents
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 course then discusses problems incomplete information may cause in supply chains and proposes tools for mitigating these problems. Finally, different contractual mechanisms for coordinating the supply chain are discussed.
Literature
Will be announced in the course.
Preconditions
Students should be familiar with the contents covered in the course “Production and Supply Chain Management”, and they should be able to apply basic OR methods.
Expected Number of Participants
80
Further Grading Information
[b]Outline:[/b]
1. Introduction
2. Coordination of order and production quantities
2.1 The Joint Economic Lot Size Problem
2.2 The role of batch shipments in the management of inventories
3. Information management in supply chains
3.1 The influence of demand uncertainty on cost and services
3.2 Periodic stock control
3.3 Continuous stock control
3.4 The newsvendor model
3.5 The bullwhip effect
4. The Beer Game (simulation exercise)
5. Incentive mechanisms and contracts in supply chains
5.1 The double marginalization problem
5.2 Coordinating supply chains with discounts
5.3 Coordinating supply chains with buyback contracts
Online Offerings
moodle
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 course then discusses problems incomplete information may cause in supply chains and proposes tools for mitigating these problems. Finally, different contractual mechanisms for coordinating the supply chain are discussed.
Literature
Will be announced in the course.
Preconditions
Students should be familiar with the contents covered in the course “Production and Supply Chain Management”, and they should be able to apply basic OR methods.
Expected Number of Participants
80
Further Grading Information
[b]Outline:[/b]
1. Introduction
2. Coordination of order and production quantities
2.1 The Joint Economic Lot Size Problem
2.2 The role of batch shipments in the management of inventories
3. Information management in supply chains
3.1 The influence of demand uncertainty on cost and services
3.2 Periodic stock control
3.3 Continuous stock control
3.4 The newsvendor model
3.5 The bullwhip effect
4. The Beer Game (simulation exercise)
5. Incentive mechanisms and contracts in supply chains
5.1 The double marginalization problem
5.2 Coordinating supply chains with discounts
5.3 Coordinating supply chains with buyback contracts
Online Offerings
moodle
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 2023/24