IIMK supply chain management

IIM Kozhikode- Executive Development Program
in Supply Chain Management

The disciplines of Supply Chain Logistics, Procurement and Transportation have gained unparalleled significance over the years and as a result, the focus has shifted to the ‘Supply chain’, as opposed to the ‘Organisation’. The spurt in growth of e-commerce has coincided with Supply Chain Management becoming a more lucrative opportunity than ever. Its strategic potential holds the key to creating value for the end customer and differentiating the company strategically in terms of services offered.

The focal point of the program is ensuring supreme customer value by streamlining the supply chain. The program also focuses on analysing various managerial levers and applying them to achieve supply chain excellence. It is tailor-made for professionals in the fields of production and inventory control, manufacturing, quality assurance, purchasing and procurement as well as those anticipating a career change, and desiring to learn the vast principles of supply chain management.

PROGRAM USP

Focus on core concepts
Exposure to industry best practices
Extensive data analysis and case discussions
Lectures by some of the best available supply chain experts
Emphasis on understanding problem complexities and analysis

PROGRAM FEATURES

Live Virtual Interactive Learning sessions using direct-to-device technology
Certificate by IIM Kozhikode
Course content designed & taught by IIM Kozhikode Faculty
Exposure to practical examples, cases and exercises
Convenient Schedule for working professionals

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PROGRAM MODULES

Module 1 Basic Data Analysis

Basic Statistics, Data Presentation and Interpretation, Concept of Probability, Expected Value and Variance, Probability Distribution, Central Limit Theorem, Spreadsheet Exercises.

Module 2 Business Optmization

Decision Making under uncertainty and risk, Linear Programming, Integer Programming, Non-linear Optimization.

Module 3 Introduction to SCM

Definitions, Supply Chain Strategy and Right Supply Chain, Supply Chain Design, Product Availability, Measuring Service Level and Fill Rate, Risk Pooling, Quick Response, Vendor Managed Inventory, Bullwhip Effect, Double Marginalization, Supply Chain Coordination, Value of Information Sharing, Supply Contract, Supplier Partnerships, Supply Chain Performance Metrics, Supply Chain Risk Management.

Module 4 Forecasting & Inventory Management

Understanding demand, Forecasting Models, Demand Management, Forecast Error and Concept of Safety Stock, Models for Managing Inventory, Continuous and Periodic Review System.

Module 5 Purchasing & Supply Chain Management

Purchasing and Outsourcing Decisions, Sourcing, Purchase Descriptions & Specifications, Purchasing at Right Price and Quality, Supplier Relationships, Types of Contracts, Procuring Capital Goods and Services.

Module 6 Supply Chain Modelling & Application

Multi-stage Inventory Models, Pricing and Effort Dependent Demand, Forecast Sharing, Pricing and Revenue Management, Discounts and Clearance Sales Pricing, Assortment Planning, Supply Chain Design and Network Optimization.

ELIGIBILITY CRITERIA

ELIGIBILITY

Graduate in any discipline with minimum 3 years of work experience

DURATION

3 Months

COURSE SCHEDULE

3 hour evening classes twice a week

Admission Schedule

Application Start Date 23rd June, 2017
Application End Date 23rd August, 2017
Program Start Date September, 3rd week 2017

COURSE FEES

80,000(exclusive of taxes)
=
40,000(1st Installment)
(Prior to beginning)
+
40,000(2nd Installment)
(After 50% of the course completion)