Advanced Programme in Supply Chain Management (APSCM)
Advanced Programme in Supply Chain Management equip managers and practitioners with the concept and practices of SCM, which will help them deliver corporate success through a more efficient coordination with their suppliers and customers. The programme has been designed to suit the requirements of managers involved in SCM operational activities like procurement, production planning, logistics planning, sales and distribution planning, and strategic activities like vendor selection and management, SCM network optimization, and product/process re-design for SCM. The role of logistics and supply chain managers is progressively shifting from supply focused to demand focused owing to the increasing competitiveness of the business environment. This unique programme has been designed by experts at IIM Calcutta to enable these managers to be adequately skilled to keep up with the changes in the business environment and to rise beyond the expectations of their firms. Further, to enable supply chain practitioners comprehend and leverage the business environment as well as to equip them with skills to assume greater responsibilities cross-functionally, the program includes topics on fundamental aspects of management theory.
- This advanced programme in supply chain management imparts advanced knowledge in the form of supply chain modeling, supply chain strategy.
- This advanced programme brings in a unique blend of multi-disciplinary (operations, sales and distribution, information systems, accounting and finance, behavioral science, human resources management, economics, e-commerce) learning to equip supply chain managers with all-round capabilities in managing real world supply chain issues.
- One of the unique features of this programme is the group project where the participants are expected to apply some of the learnings in solving real world supply chain problems. This not only makes this course of practical utility to the participants but also the institute can leverage these diverse project reports into future case studies for PGP teaching with prior permissions to respect confidentiality agreements.
- Through further development of project reports, institute can write research reports with industry partners and develop future consultancy project opportunities.
- This programme proves to be beneficial to faculty by providing them opportunity to be aware of real world supply chain problems.
Working professionals with at least 3 years in a supply chain management role (purchasing, production, inventory control, logistics, demand management, design, distribution or any related functional areas of supply chain) will find the programme both challenging and stimulating. This programme is specially designed for managers who plan to further their career in logistics or supply chain areas in both service and manufacturing organizations.
The duration of the Programme is 12 months.
The programme will be delivered through classes held at Hughes once a week. The class schedule is Wednesday 6.45 PM to 9.45 PM.
There will be two campus visits. 1st campus visit will be of 4 days (around mid-way in the programme) and 2nd campus visit will be of 4 days (near the end of the program).
The campus visits will be conducted subject to the evolving pandemic situation and will depend on government and institute regulations, advisories and guidelines related to the pandemic.
Programme Fee: Rs. 3,60,000/- + (applicable taxes)
Campus fee: Rs. 64,000/-+ (applicable taxes)
Courses are delivered through a mix of case studies, live corporate examples and general discussions. In order to provide greater industry insights, business leaders from the different industries would be invited to share their experiences.
- Introducing Supply Chain Management
- Core Supply Chain processes
- Supply Chain complexity- Bull whip effect, Handling uncertainty
- Supply Chain Strategy
- Evaluating supply chain network strategy: capacity, technology, translating supply chain decisions into financial terms - Total Landed Cost, Total Cost of Ownership, Discounted cash flow analysis
- Supply Chain Structure Design: Push, pull, postponement
- Supply Chain Governance: Contracts and Relationships
- Risk and Resilience in Supply Chains
- Demand Planning & Forecasting
- Introduction to Demand Forecasting and Forecasting Accuracy
- Forecasting: Time Series Methods
- Forecasting: Causal Methods
- Forecasting for New Products
- Demand Planning: Matching Demand and Supply
- Inventory Management
- Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders
- Single period inventory models – critical ratio, expected profit, expected units short
- Continuous review policy(s,Q) model & Periodic review policy (R,S) model using performance metrics (cycle service level and item fill rate) and stockout cost metrics (cost per stockout event and cost per item short)
- Special issues- exchange curves, grouping like items, location pooling
- Logistics and Global Supply Chain Management
- Freight transportation- selection and its impact on inventory
- Warehousing- design, operations heuristics, material handling
- Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.
- International transportation, Trading blocks, Trade zones, Bonded warehouses
- Currency fluctuations, exchange rate risks, Transfer Pricing, permanent establishment
- Modelling & Analytics Tools
- Optimization Models for Supply Chain Decision Making
- Simulation for Decision Making
- Decision Making under Uncertainty: Decision Tree Analysis
- Supply Chain Analytics
- Designing & Managing Channel Partners – Distribution
- Product Life Cycle and Distribution Challenges
- Managing Customer Relationships
- Measuring Channel Performance
- Managing Channel Conflict
- Procurement and Sourcing Management
- Development of Supply Strategies
- Purchasing Performance Evaluation
- Supplier Price & Cost Analysis, Value Analysis
- Legal Aspects of Purchasing, Sourcing & Contracts
- Special Topics in SCM
- Quality Management, Six sigma & Lean Management Concepts
- Recent Advances in Technology
- Taxation & supply chains
- Topics in Fundamentals of Management Theory
- Finance – Conceptual framework of financial reporting; Corporate Financial Statements: Balance Sheet; Profit and Loss Statement; Cash Flow Statement Analyzing Financial Statements; Financial Ratios;
- Ecommerce – Best E-Commerce practices; E-commerce business models and their sustainability under crisis situations
- Strategy - Strategy & Strategic management process; Evaluating firms’ external and internal environments Business-level & Corporate strategies
- Microeconomics concepts - Demand-supply Analysis, Elasticity, Opportunity Cost, Production Costs, Firm Behavior, Perfect Competition, Monopoly, Pricing Strategies
- International Trade - Theories of international trade Trade pattern across the world- trade and investment linkage through production networks Trade policy instruments-tariff, quota and other measures WTO and Trade Blocks.
Participants are expected to take up group projects in areas of supply chain management related to their companies.
Graduates (10+2+3 or equivalent) in any discipline with at least 50% marks, who would like to further their career in Logistics and Supply Chain Management. Working experience of at least 3 years in a supply chain management role. Participants with less than 50% marks in graduation but 50% or more in post- graduation are also eligible