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Supply Chain Analytics

Module description

The dynamic and economic performance of supply chains is driven by their lead-times, forecasting, and production (planning and execution) activities. Poorly managed supply chains result in an expensive dynamic effect called the bullwhip effect.  The bullwhip effect causes inefficiencies in terms of increased inventory holding and costs, poor customer service levels, and the inefficient use of production capacity. This module is based on case work with Tesco, HP, Yeo Valley, and Lexmark. The proven methodology also aligns with ideas and concepts from the Lean Production philosophy. You will cover a wide range of topics, such as: Dynamic value stream mapping and time series analysis; Understanding the strategic objective of your supply chain in terms of inventory, service levels, and capacity costs; Forecasting for production and distribution in supply chains; Setting the cadence of your production pacemaker; Communication the plan to the shop factory and releasing the desired plan; Communicating with your suppliers.

Full module specification

Module title:Supply Chain Analytics
Module code:BEMM497Z
Module level:M
Academic year:2021/2
Module lecturers:
Module credit:30
ECTS value:
Duration of module: