St. Xavier’s College TYBMS Sem 5 Syllabus: Elements of Logistics and Supply Chain Management

Elements of Logistics and Supply Chain Management is a TYBMS Sem 5 subject at St. Xavier’s College. The subject aims to introduce BMS students to the branch of logistics that deals with the tangible components of a supply chain. The subject introduces BMS students to the distribution setup and analytical aspects of inventory management and transportation.

Unit 1: 15 lectures

Background –

1. Logistics and Logistical management – Military origin / basic concept / definitions / scope / importance in current competitive environment
2. Evolution of logistics and supply chain management
3. Topics to be covered at concept level-
4. Operating objectives of logistics
5. Logistical performance cycles
6. Inbound logistics
7. Manufacturing support logistics
8. Outbound logistics
9. Customer order cycle
10. Lead time
11. Logistical interfaces
12. Logistical mission
13. Competitive advantages
14. 3 Cs
15. Logistical competency
16. Outsourcing logistical activities
17. 3^rd and 4^th party logistics
18. Integrated logistics
19. Logistical planning and strategy

Supply Chain Management:

1. Basic concept
2. Definitions
3. Scope
4. Comparison between logistics and SCM
5. Global supply chain scenario and importance
6. Conventional supply chains
7. Supply chain participants
8. Channel agencies
9. Relationship Management,
10. Concept of extended enterprises
11. Bull-whip effect.

Organization structure:

1. Basic concept
2. Definitions
3. Scope
4. Objectives and importance
5. Barriers in forming effective organization
6. Improving effectiveness
7. Stages in evolution of logistical organization with emphasis on modern flat organization

Customer Service:

1. Definition
2. Scope
3. Objectives
4. Importance
5. Elements of customer service
6. Seven rights
7. Customer service audit
8. Customer service strategy.

Demand Forecasting:

1. Definition,
2. Purpose of forecasting
3. Nature of demands
4. Forecasting
5. Components
6. Approaches to forecasting
7. Qualitative and quantitative
8. Forecasting techniques and their applicability
9. Time series analysis with numerical examples.

Order Processing:

1. Integrated system
2. Customer order cycle
3. Electronic data interchange and its advantages.

Unit 2 – 15 lectures

Transportation:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Different modes of transportation – road, rail, water, air, pipelines ropeways
7. Advantages and disadvantages of individual modes
8. Inter-modal transportation
9. Factors to be considered for mode and carrier selection
10. Modal characteristics and classification
11. Total transportation cost
12. Factors influencing transport cost
13. Transport infrastructure

Warehousing:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Warehouses
7. Distribution centres
8. Warehousing
9. Need for warehousing
10. Economic or service benefits
11. Types of warehouses
12. Advantages and disadvantages
13. Warehousing location
14. Area of warehouse
15. Number of warehouses
16. Warehousing operations
17. Factors affecting warehouse cost
18. Warehouse layout
19. Design principles

Materials Handling system:

1. Definition,
2. Principles
3. Role
4. Functions
5. Importance
6. Activities covered
7. Functions performed during materials handling
8. Material handling equipment with selection criteria
9. Material handling methods
10. M.H. System design – objectives and principles.

Packaging:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Unitizing – concept of unit load
7. Palletizing
8. Kitting
9. Logistical functions of packaging
10. Objectives and benefits of packaging
11. Consumer S Logistical packaging
12. Factors influencing good package design

Unit 3: 15 lectures

Inventory management

1. Inventory – Definition,
2. Principles,
3. Role,
4. Functions,
5. Importance,
6. Purpose of Inventory Holding,
7. Types of inventories,
8. Inventory and profitability,
9. Impact of inventory on total logistical cost,
10. Inventory management – objectives,
11. Importance,
12. Symptoms of poor inventory management,
13. Improving effectiveness of inventory management,
14. Inventory turnover,
15. Service levels.
16. Economic order quantity,
17. Economic batch quantity,
18. Assumptions and its limitations,
19. Re-order level,
20. Safety stock with numerical examples.
21. Inventory control: inventory ranking methods and Quadrant technique.
22. Selective techniques of inventory control:
23. Inventory control methods
24. Pull / push models
25. Traditional methods
26. ‘Q’ MODEL and ‘P’ MODEL,
27. Two bin system,
28. Fair-share allocation model,
29. MRP I /MRP II
30. Modern methods – Kanban as a tool of JIT,
31. Vendor management inventory (JIT II, Response backed techniques – QR, CR and AR)
32. DRP, ERP
33. Inventory Valuation

Information System:

1. Definition,
2. Principles,
3. Role,
4. Functions,
5. Importance,
6. Management Information System:
7. Elements of LIS
8. Advantages of computerization of information
9. Importance of information system
10. Internal and external information system
11. Functionality – IS operations
12. Automated Order Processing System
13. RFID,
14. EDI
15. Satellite tracking system.

Unit 4:

15 lectures

Performance Measurement:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Objectives
7. Activity based performance measurement
8. Process based performance measurement
9. Internal performance measurement
10. External performance measurement
11. Classification of performance measures
12. Performance auditing
13. Perfect order
14. Service levels
15. Characteristics of ideal performance evaluation system.

Logistics Costing:

1. Principles of logistics costing
2. Activity based costing
3. Mission based costing
4. Total cost analysis
5. Steps to be adopted for total cost approach

Logistical network analysis:

1. Concepts
2. Definitions
3. Scope
4. Objectives
5. Importance Network options
6. Number of facilities
7. Milk-runs
8. RORO
9. LASH

Modern Logistics Infrastructure:

1. Containerization
2. Mechanized material handling equipment
3. Deep water ports
4. ICDs and CFS network
5. Maritime logistics
6. Cold Chain logistics
7. Dedicated Freight Corridors
8. Golden Quadrilateral and network of highways
9. Specialized equipment
10. Double stack containers
11. Unit trains
12. Logistics parks
13. Container Corporation of India
14. Private Logistics Companies

Continuous Internal Assessment;

1. Mid semester test
2. Project work – presentation

The list of reference books of Elements of Logistics Management is as follows:

1. Supply Chain Logistics Management – Donald J. Bowersox, David J Closs, M Bixby Cooper
2. Logistical management – Donald J. Bowersox, David J. Closs
3. The management of Business Logistics Cycle – Douglas M. Lambert, James R. Stock and Lisa M. Ellram Irwin
4. Logistics David J. Bloomberg – Stephen Lemay, Joe B.
5. Logistics and S C – M. Martin Christopher
6. Supply Chain Management – Chopra Meindl, Kalra
7. Supply Chain Management – Herald Dyckhoff, Richard Lacks and Joachtn Reese
8. Logistics and Supply Chain Management – Text and cases – Anurag Saxena, Caaushik Sircar.