Supply chain management (SCM) is the information-directed flow of products and services from suppliers to end consumers, managed by a number of partner firms so that the merchandise is produced and distributed at optimum costs while satisfying service level requirements. This unit provides students with an understanding of the flow of products, information, funds and knowledge that underpin demand and supply matching in a supply chain. In particular, the unit equips students with various theories, models and strategies to make rational business decisions in both product and service supply chains.
The core focus is on supply chain integration (SCI) mechanisms, where students will come to understand the role of information and communication technologies in collaboration with multiple parties. Students will be introduced to the use of technologies like the cloud, IoT, blockchain and AI/ML to improve operational efficiency. The unit familiarises students with the supply chain operations reference (SCOR) model as the basic management processes for improved, faster, and more granular support of decision making while transitioning to Supply Chain 4.0. This unit realises the potential of enterprise resource planning (ERP) systems, and provides students with knowledge of advanced planning and optimisation (APO) software so that they can complete a hands-on computer-based individual project. The unit also includes a visit to a warehouse where students are exposed to live operations within the facility.
On successful completion of this unit, students will be able to:
This unit is studied as part of the following course(s):