Advanced Programme in Supply Chain Management (APSCM)

• Professor Bodhibrata Nag
• Professor Partha Priya Datta

1. This advanced Programme in supply chain management imparts advanced knowledge in the form of supply chain modeling and strategy.
2. This advanced Programme brings in a unique blend of multi-disciplinary (operations, sales and distribution, information systems, accounting and finance, behavioural science, human resources management, economics, e-commerce) learning to equip supply chain managers with all-around capabilities in managing real-world supply chain issues.
3. 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.
4. Through further development of project reports, the Institute can write research reports with industry partners and develop future consultancy project opportunities.
5. This Programme proves to be beneficial to faculty by providing them the 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 the supply chain) will find the programme both challenging and stimulating. This programme is designed for managers who plan to further their careers in logistics or supply chain areas in service and manufacturing organizations.

• Graduates (10+2+3)/Diploma (10+2+3)/Post-graduate from AICTE or UGC-approved University (currently employed) in any discipline with 50% marks.
• Participants with less than 50% marks in graduation but 50% or more in post-graduation are also eligible.
• Candidates should have a minimum of 3+ years of work experience in supply chain management or related roles as on the Programme Start Date, i.e., Technical Orientation Date.
• Candidates should be working at the time of filling up the application form, and in case of non-working candidates who are interested in enrolling can submit their application; however, the selection will remain at the discretion of the Programme Directors only.

The duration of the Programme is 12 months. The programme will be delivered through online classes held once a week. The class schedule is Sunday 6:45 pm to 9:45 pm. There will be two campus visits. 1st campus visit will be of 4 days (middle of 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. 4,51,000/- + (applicable taxes)

Courses are delivered through case studies, live corporate examples and general discussions. Business leaders from different industries would be invited to share their experiences to provide greater industry insights.

1. Introducing Supply Chain Management
   1. Core Supply Chain processes
   2. Supply Chain complexity- Bull whip effect, Handling uncertainty
   3. introduction to Supply Chain Simulation
2. Supply Chain Strategy
   1. 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
   2. Supply Chain Structure Design: Push, pull, postponement
   3. Supply Chain Governance: Contracts and Relationships
   4. Risk and Resilience in Supply Chains
3. Supply Chain Demand Forecasting
   1. Introduction to Demand Forecasting and Forecasting Accuracy
   2. Forecasting: Time Series Methods and Causal Methods
4. Inventory Management
   1. Economic Order Quantity models- sensitivity, non-instantaneous lead time, quantity discounts, concept of back orders
   2. Single period inventory models – critical ratio, expected profit, expected units short
   3. 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)
   4. Special issues- exchange curves, grouping like items, location pooling
5. Logistics and Global Supply Chain Management
   1. Freight transportation- selection and its impact on inventory
   2. Warehousing- design, operations heuristics, material handling
6. Designing & Managing Channel Partners – Distribution
   1. Product Life Cycle and Distribution Challenges
   2. Managing Customer Relationships
   3. Measuring Channel Performance
   4. Managing Channel Conflict
7. Procurement and Sourcing Management
   1. Development of Supply Strategies
   2. Purchasing Performance Evaluation
   3. Supplier Price & Cost Analysis, Value Analysis
   4. Customs, Duties, Tariffs, INCO terms, Rules of origin, Letter of credit etc.
   5. Aggregate Planning, Sales & Operations Planning, MRP
   6. Sourcing Quality, Acceptance Sampling, Process Capability
   7. Supply Chain Finance
8. Ecommerce supply chain & fulfilment
   1. Last mile logistics
   2. Quick commerce
   3. Omni-channel Ops and Supply Chain
9. Supply Chain Analytics & Simulation
   1. Modelling Optimization and Simulation for Supply Chains
   2. Simulation games for Supply Chains
10. Digital Supply Chains
    1. Digital transformation of Supply Chain
    2. Role of blockchains in digital transformation
    3. Internet of Things, Enablers (clouds, platforms and digital twins), Digital purchasing
    4. Case studies of applications in various sectors
11. Topics in Fundamentals of Management Theory
    K1. Finance
    • Conceptual framework of financial reporting; Corporate Financial Statements: Balance Sheet; Profit and Loss Statement; Cash Flow Statement Analysing Financial Statements; Financial Ratios;
    • Taxation & supply chains
    K2. Strategy
    • Strategy & Strategic management process
    K3. Negotiations
    K4. 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
    K5. Legal
    • Legal Aspects of Purchasing, Sourcing & Contracts

July 2023

For further details and for downloading the application form please visit - https://iimc.emeritus.org/iimc-advanced-programme-in-supply-chain-management/index.php

Email ID - enquiry.india@Emeritus.org

WhatsApp number - +91 74120 81081
Inbound/IVR number - +918277998590