Objectives and competences
The course Supply Chain Optimization enables students to gain an in-depth understanding of supply chain optimization methods at different levels. Through the course, students will develop competencies for independent optimization of supply chains using different optimization approaches and methods. Through examples, they can assess and critically analyze different approaches that could be used in many supply chain management and optimization levels, emphasizing ethical decision-making in supply chain
optimization in line with social responsibility and supply chain sustainability.
Content (Syllabus outline)
1. Introduction
2. Inventory control
3. Location theory and distribution management
4. Network models
5. Waiting lines and Queuing theory models
6. Other selected up-to-date topics of supply chain optimization models, i.e., Markov Analysis and game theory in supply chain optimization
Learning and teaching methods
- Lectures with case analysis and examples.
- Practical guided seminar exercises based on case studies, discussions and tasks with numerical examples.
- Independent work: research and study of required literature.
- Encouraged active participation in lectures and seminar exercises through group and individual assignments to support an active learning environment.
- Addressing modern sustainable and social impacts in supply chain optimization through discussions, tasks and case studies.
Intended learning outcomes - knowledge and understanding
Students in this course will:
1. Acquire an advanced understanding of supply chain optimization, integrating and utilizing different optimization methods. (PILO 2a)
2. Systematically and critically analyze and know supply chain optimization methods used at different levels of the supply chains, applying theoretical knowledge and practical examples. (PILO 1a, PILO 2a)
3. Develop the ability and knowledge to perform supply chain optimization at an international level using globally recognized supply chain optimization methods and models. (PILO 2b)
4. Develop skills for effective problem-solving and decision-making in supply chain optimization, utilizing theoretical and practical knowledge of different supply chain optimization methods and models. (PILO 3a)
5. Effectively present and defend supply chain optimization solutions and develop skills as a team member or individual within tasks that require applying theoretical knowledge and critical judgments. (PILO 3b, PILO 3c)
6. Understand and demonstrate ethical decision- making in supply chain optimization. (PILO 4a)
7. Learn and understand how to critically evaluate and apply the principles of supply chain optimization to the social and sustainable aspects on different levels. (PILO 4b)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme
Intended learning outcomes - transferable/key skills and other attributes
Students in this course will:
1. Acquire an advanced understanding of supply chain optimization, integrating and utilizing different optimization methods. (PILO 2a)
2. Systematically and critically analyze and know supply chain optimization methods used at different levels of the supply chains, applying theoretical knowledge and practical examples. (PILO 1a, PILO 2a)
3. Develop the ability and knowledge to perform supply chain optimization at an international level using globally recognized supply chain optimization methods and models. (PILO 2b)
4. Develop skills for effective problem-solving and decision-making in supply chain optimization, utilizing theoretical and practical knowledge of different supply chain optimization methods and models. (PILO 3a)
5. Effectively present and defend supply chain optimization solutions and develop skills as a team member or individual within tasks that require applying theoretical knowledge and critical judgments. (PILO 3b, PILO 3c)
6. Understand and demonstrate ethical decision- making in supply chain optimization. (PILO 4a)
7. Learn and understand how to critically evaluate and apply the principles of supply chain optimization to the social and sustainable aspects on different levels. (PILO 4b)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme
Readings
Obvezna literature (required textbooks):
• CHRISTOU, I. T. (2012). Quantitative Methods in Supply Chain Management. Models and Algorithms. Springer. [ISBN: 978-0-85729-765-5]
• RENDER, B., STAIR jr., M. R, HANNA, E. M., HALE, S. T. (2018). Quantitative Analysis For Management, 13th Edition. Pearson Education. [ISBN: 1-292-21765-0; 978-1-292-21765-9]
Dodatna študijska literature (Additonal textbooks):
Izbrana poglavja in teme (Selected chapters or parts of chapters):
• BLANCHARD, D. (2010). Supply chain management. Best Practices. Second Edition. John Wiley & Sons. [ISBN:978-0-470-53188-4]
• RUSHTON, A., CROUCHER, P., BAKER, P. (2014). The handbook of logistic and distribution management. 5th edition. [ISBN:978-0-7494 6627 5]
• CACHON, P. G., NETESSINE, S. Game Theory in Supply Chain Analysis. In INFORMS TutORials in Operations Research. Published online: 14 Oct 2014; 200-233.
(Opomba/Note: Navedeni viri se podrobneje selekcionirajo na predavanjih / The listed papers and chapters will be selectively discussed at the lectures)
Additional information on implementation and assessment • written exam (70%)
• seminar paper (20%)
• in-class participation (10%)
Written exam - individual written exam.
Seminar paper – short seminar
paper and presentation.
in-class participation - shorter tasks that can be solved within lectures.
