LECTURE 1

SUPPLY CHAIN MANAGEMENT

 Learning Objectives
Module 1: Why this Course
Module 2: Learning Objectives
Module 3: Text Books
Module 4: Learning Methodologies
Module 5: Generic Supply Chain
Module 6: Pakistans place in Comity of
Nations
 Why this course

Supply Chain Management is

an essential and
indispensable area of
management that business
executives are bound to learn
and practice.
 Why this course

The objective in this course is

specifically to help the students
understand, appreciate and even
develop purchasing, logistics and
supply chain strategies that
contribute to overall business
objectives of their organizations.
 Learning Objectives

Understand the importance of

Purchasing, Logistics and Supply
Chain Management in the critical
decision making process of any
organization or government
department.
 Learning Objectives
Develop an ability to identify what
makes a specific issue important to
contracting and procurement. Carry
out research and analyze recognized
or promising subject in the field of
contracting and procurement.
 Learning Objectives
Develop Cognitive, Affective and Psychomotor
approaches about Supply Chain Management
with respect to building of a strategic
framework, designing of the supply chain,
planning demand and supply in the Supply
Chain, Planning and Managing Inventories in
the Supply Chain, Managing Cross functional
drivers in a supply chain and applying all the
same to the Pakistani Corporate and
Government Departmental Environment.
Hanfield &Guinipero
Chopra & Meindl
 Learning Methodology

Integrative Learning is
integration of virtual
University Students
academic and workplace
learning.
 Learning Methodology
Part I Introduction to SCM, Logistics, Purchasing &
Supply Management and Strategic Frame Work.
Part II Designing the Supply Chain.
Part III Planning and Managing Supply and
Demand and Inventory levels in a Supply Chain.
Part IV Planning and Managing Inventories in
Supply Chain.
Part V Designing and Planning Transportation
Networks.
Part VI Managing Cross Functional Drivers in a
Supply Chain.
 Such a framework helps clarify supply chain
goals and identify managerial actions that
improve supply chain performance in terms
of the desired goals.
 Part IV Planning and Managing Inventory
levels in a Supply Chain
Managing Economies of Scale in a Supply Chain :
Cycle Inventory.
Managing Uncertainty in a Supply Chain Safety
Inventory.
Determining the Optimal Level of Product
Availability.
 Goal of Part IV is to describe the role
that inventory plays in a supply chain
and discuss actions that managers
can take to decrease inventories
without increasing cost or hurting
the level of product availability.