US Colleges Rankings: Undergraduate business specialties: Supply Chain Management / Logistics 2011

Massachusetts Institute of Technology 2 Michigan State University 3 Pennyslvania State University University Park Campus 4 Arizona State University 5 Carnegie Mellon University 6 The Ohio State University,Columbus 7 Purdue University,West Lafayette 8 University of Maryland College Park 9 The University of Tennessee 10 University of Michigan Ann Arbor

DURATIONCourse: Post Graduate Diploma in Supply Chain Management Duration: 1-year comprising two semesters, OR 2-years comprising 4 semesters

COURSE STRUCTURE 1. The course Semester Semester is I II divided into (July (January two to to semesters. December) June).

2. Projects/industrial training are included in the course.

COURSE DURATION COURSE FROM

One year

COMMENCING July 2011 30 Semester I: Tuesday, Thursday, Saturday. Semester II: Monday, Tuesday, Thursday, Saturday. [6pm to 8pm during weekdays and 5pm to 7pm on Saturdays] Final degree appeared or graduates in any discipline (with mathematics/Business mathematics at +2 level). Diploma will be given after the successful completion of both

NO. OF SEATS CLASS DAYS

ELIGIBILITY DIPLOMA

the semesters. COURSE FEE Rs.24,000/-

COURSE OUTLINE Semester I 1. Business Economics 2. Basic concepts in Marketing 3. Quantitative Techniques 4. Operations Management I 5. Fundamentals of Logistics management 6. Introduction to Supply Chain Management 7. Strategic Sourcing 8. Warehousing & Inventory Management 9. Transportation and Third Party Logistics 10. Production Planning and Inventory management Semester II 1. Operations Management II 2. International Logistics and global Supply Chains 3. Information technology for Supply Chain Management 4. Customer Relations Management 5. Total Quality Management. 6. Supply Chain Management Metrics 7. Retail Supply Chains. 8. Project work

ONLINE FEESCourse Package Bronze package Silver package Gold package Total course fee 10,000 14,000 18,000

Definition

supply chain management (SCM)

Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said that the ultimate goal of any effective supply chain management system is to reduce inventory (with the assumption that products are available when needed). As a solution for successful supply chain management, sophisticated software systems with Web interfaces are competing with Web-based application service providers (ASP) who promise to provide part or all of the SCM service for companies who rent their service.

Definitions
More common and accepted definitions of supply chain management are:
y

Supply chain management is the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole (Mentzer et al., 2001).[2] A customer focused definition is given by Hines (2004:p76) "Supply chain strategies require a total systems view of the linkages in the chain that work together efficiently to create customer satisfaction at the end point of delivery to the consumer. As a consequence costs must be lowered throughout the chain by driving out unnecessary costs and focusing attention on adding value. Throughout efficiency must be increased, bottlenecks removed and performance measurement must focus on total systems efficiency and equitable reward distribution to those in the supply chain adding value. The supply chain system must be responsive to customer requirements." [3] Global supply chain forum - supply chain management is the integration of key business processes across the supply chain for the purpose of creating value for customers and stakeholders (Lambert, 2008).[4] According to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes the crucial components of coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies. More recently, the loosely coupled, self-organizing network of businesses that cooperate to provide product and service offerings has been called the Extended Enterprise.

elements
1. ProductionWhat products does the market want? How much of

which products should be produced and by when? This activity includes the creation of master production schedules that take into account plant capacities,workload balancing, quality control, and equipment maintenance.
2. InventoryWhat inventory should be stocked at each stage in a supply chain? How much inventory should be held as raw materials, semifinished, or finished goods? The primary purpose of inventory is to act as a buffer against uncertainty in the supply chain. However, holding inventory can be expensive, so what are

the optimal inventory levels and reorder points?

3. LocationWhere should facilities for production and inventory

storage be located? Where are the most cost efficient locations for production and for storage of inventory? Should existing facilities be used or new ones built? Once these decisions are made they determine the possible paths available for product to flow through for delivery to the final consumer.
4. TransportationHow should inventory be moved from one supply

chain location to another? Air freight and truck delivery are generally fast and reliable but they are expensive. Shipping by sea or rail is much less expensive but usually involves longer transit times and more uncertainty. This uncertainty must be compensated for by stocking higher levels of inventory. When is it better to use which mode of transportation?
5. InformationHow much data should be collected and how much information should be shared? Timely and accurate information holds the promise of better coordination and better decision making. With good information, people can make effective decisions about what to produce and how much, about where to locate

inventory and how best to transport it.

Introduction to Supply Chain Management

If your company makes a product from parts purchased from suppliers, and those products are sold to customers, then you have a supply chain. Some supply chains are simple, while others are rather complicated. The complexity of the supply chain will vary with the size of the business and the intricacy and numbers of items that are manufactured. Elements of the Supply Chain

A simple supply chain is made up of several elements that are linked by the movement of products along it. The supply chain starts and ends with the customer.

Customer: The customer starts the chain of events when they decide to purchase a product that has been offered for sale by a company. The customer contacts the sales department of the company, which enters the sales order for a specific quantity to be delivered on a specific date. If the product has to be manufactured, the sales order will include a requirement that needs to be fulfilled by the production facility.

Planning: The requirement triggered by the customers sales order will be combined with other orders. The planning department will create a production plan to produce the products to fulfill the customers orders. To manufacture the products the company will then have to purchase the raw materials needed.

Purchasing: The purchasing department receives a list of raw materials and services required by the production department to complete the customers orders. The purchasing department sends purchase orders to selected suppliers to deliver the necessary raw materials to the manufacturing site on the required date.

Inventory: The raw materials are received from the suppliers, checked for quality and accuracy and moved into the warehouse. The supplier will then send an invoice to the company for the items they delivered. The raw materials are stored until they are required by the production department.

Production: Based on a production plan, the raw materials are moved inventory to the production area. The finished products ordered by the customer are manufactured using the raw materials purchased from suppliers. After the items have been completed and tested, they are stored back in the warehouse prior to delivery to the customer.

Transportation: When the finished product arrives in the warehouse, the shipping department determines the most efficient method to ship the products so that they are delivered on or before the date specified by the customer. When the goods are received by the customer, the company will send an invoice for the delivered products.

Colleges In India Explore More on this

J K Business School - Gurgaon, Haryana

Post Graduate Diploma in Supply Chain Management Post Graduate Diploma in Logistics Management
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Dr. V.N. Bedekar Institute of Management Studies Thane, Maharashtra

Post Graduate Program in Supply Chain & Logistics
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Amity School Of Distance Learning - Noida, Uttar Pradesh

Post Graduate Diploma in Logistics and Supply Chain Management Post Graduate Diploma in Materials Management
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Indian Institute Of Logistics - Chennai, Tamil Nadu

Master of Business Administration - Logistics and Supply Chain Management Post Graduate Diploma in Logistics and Supply Chain Management
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Indian Institute of Materials Management - Bangalore, Karnataka

Post Graduate Diploma in Supply Chain Management

Certificate Course in E- Supply Chain Management

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International Institute For Learning In Management Jaipur, Rajasthan

Master of Business Administration - Supply Chain Master of Business Administration - Supply Chain
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Jyotirmoy School of Management and Sciences Kolkata, West Bengal

Bachelor in Supply Chain Managemen Bachelor in Supply Chain Managemen
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NSHM Knowledge Campus - Kolkata, West Bengal

Bachelor in Supply Chain Management
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U.B.K.W.T`s D.Pharmacy College

Aurangabad, Maharashtra
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Shri U. P. Arts
Mehsana, Gujarat
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Shri U P Arts Smt M G Panchal Science & Shri V L Shah Commerce College
Gandhinagar, Gujarat

Colleges Abroad Explore More on this

KING'S COLLEGE LONDON (UNIVERSITY OF LONDON) United Kingdom

Advanced Assessment Skills - Level M (Credit Bearing)
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Massey University - Newzealand

Postgraduate Diploma in Logistics and Supply Chain Management Master of Logistics and Supply Chain Management
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UNIVERSITY OF LIVERPOOL - ONLINE HIGHER EDUCATION - United Kingdom

Operations and Supply Chain Management MSc
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Deakin University - Australia

Bachelor of Arts (Public Relations)(Offered off-campus)

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Swinburne University of Technology - Australia

Graduate Certificate of Business (Supply Chain Management)
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Courses Explore More Domestic Courses Explore More Study Abroad Courses Master Of Business Administration - Supply Chain Level :Masters | Stream :Business Administration | Subject :Supply Chain Bachelor In Supply Chain Managemen Level :Bachelors | Stream :Management | Subject :Supply Chain Mangement Graduate Certificate In Supply Chain Management : Study Abroad Level :Graduate Certificate in Supply Chain Management | Stream :Business Management Graduate Diploma In Supply Chain Management : Study Abroad Level :Graduate Diploma in Supply Chain Management | Stream :Business Management