Decision-making in value chain management
This course aims to familiarise students with the concepts and evolution of global supply chains as well as how organisations perform within, and interact with other stakeholders and partners across supply chains. This course takes a look at sustainability impacts of globalization and trade, and will explore the trends of supply chain globalization (e.g. long-distance outsourcing and offshoring), the implications for international interconnection of trade and production processes, and more specifically, using tools such as news-vendor model, economic order quantity (EOQ) model for inventory management, and mathematical programming tools for optimizing logistics networks, practical approaches for exercising social and environmental responsibility in supply chain management for sustainable and inclusive growth. It will go on to examine approaches including product design, the development of markets, improvements in productivity along supply chains and ways of creating clusters of economic growth that meet targeted social and environmental needs.
Assessment: 100% coursework