SECOND YEAR – OPEN ELECTIVES – OPERATIONS
Introduction to Supply Chain Management
This course helps students to learn the key concepts, strategies, tools, and technologies related to Supply Chain Management, understand the overall structures of different types of supply chains and how they are managed. It also helps them understand the procurement cycle, manufacturing cycle, replenishment cycle and customer order cycle in detail and the concepts related to supply chain strategy.
Supply Chain Design and Sourcing
This course aims to help students learn the key concepts, tools, and technologies related to (a) Supply Chain Strategy Formulation; and (b) Strategic Sourcing and Advanced Supply Management, understand competitive strategy and supply chain strategy. It also helps them understand the purchasing process, strategic sourcing, and portfolio approach to sourcing and supply network design process.
Project Management
Project Management deals with the conception, selection, planning and implementation of projects in a systematic way. This course focuses on generation and screening of project ideas, techno-economic viability of a project, project appraisal techniques. It also covers methods of Project financing including Infrastructure Finance, project Planning and control using network techniques, PERT and CPM, cost control and quality control, risk Analysis and management for projects, organization structures for projects.
The project management course combines skills of operation management, planning, Finance, cost control, quality and strategy.
Logistics Management
This course helps students learn the key concepts, tools, and technologies related to Logistics Management, understand how logistics is managed in global supply chains and what techniques are employed to make supply chains lean, understand the warehousing, material handling, and transportation in detail and concepts and practices related to logistical packaging.
Production Planning and Control
This course aims to help students understand how production planning is done in large manufacturing organizations using ERP and SCM software packages, the basic framework of production planning & control process, sales and operations planning and master production scheduling, material requirements planning and its implementation in SAP ERP and get an overview of MRP outputs and order release and order management process.
Advanced Supply Chain Management
This course helps students understand the concepts related to retail industry initiatives for SCM, e.g., quick response, efficient consumer response, vendor-managed inventory, distributor integration and collaborative planning, forecasting, and replenishment, the concepts related to supply chain risk management and business continuity management. It also helps them understand the working of advanced planning and scheduling (APS) systems and sustainability issues in supply chain management along with pricing and revenue management in supply chains.