Executive Program in Supply Chain Management During Uncertain Times from IIM Lucknow

The Executive Program in Supply Chain Management During Uncertain Times, from IIM Lucknow, seeks to help working professionals develop capabilities that will enable them to make effective managerial decisions and tackle complex challenges involving supply chain uncertainty amidst the global pandemic. The course focuses on developing the participant’s functional management skills, strategic planning, and complimentary problem-solving skills to enhance their technical expertise. This course also aims to develop the modeling and analytical capabilities of the participants, which are crucial for higher-level managerial responsibilities.

Taught by the eminent faculty of IIM Lucknow and covering the entire gamut of SCM concepts ranging from SC planning and strategic alignment, inventory management, logistics and transportation management to SC analytics and technological innovations within supply chain management, this course serves as an essential building block for the career progression of participants. This course also covers the application of contemporary and emerging technologies such as Supply Chain Digital Transformation, Industry 4.0 Applications in Supply Chains – Blockchain, IoT, Digital fulfilment, Omnichannel and Circular Supply Chains etc.

Upon completion of this course, participants are expected to

• Understand and analyze the supply chain management issues in a firm
• Apply logistics and purchasing concepts to improve supply chain operations
• Demonstrate an overall knowledge of supply chain in the areas of transportation, purchasing, inventory management and customer service
• Understanding the role of inventory management in overall planning and execution of supply chain management
• Understanding the issues and challenges in warehouse management, its role in the allocation and accumulation of goods in the supply chain
• Articulate the consequences of real decisions that impacts the supply chain. These include, but are not limited to cost, quality, customer service, coordination, and outsourcing
• Understand the application of latest technologies such as Industry 4.0, Blockchain Technology, IOT, Dynamic Pricing etc in supply chain environment during uncertain times

Module 1 – Fundamentals of Operations Management

• Operations Strategy and Competitiveness
• New Product Design and Development
• Design of Manufacturing & Service Processes
• Process Analysis
• Principles of Project Management

Module 2 – Demand Forecasting & Capacity Management

• Time-series Forecasting
• Seasonal Forecasting Models
• Advanced Forecasting Models
• Facility Layout and Design
• Scale and Capacity Planning

Module 3 – Supply Chain Planning

• Sales and Operations Planning
• Master Production Scheduling & MRP
• Operations Scheduling & Control
• Quality Management
• Lean Operations
• JIT Production System

Module 4 – Introduction to Supply Chain Management & Supply Chain Strategy

• Key Performance Drivers
• Supply Chain Processes and Decisions
• Supply Chain Strategy
• Supply Chain Network Design
• Facility Location

Module 5 – Inventory Management

• Independent Demand Systems
• Inventory Control
• Service Levels and Tradeoffs
• Distribution Requirement Planning
• Lot Sizing

Module 6 – Sourcing, Supplier Relationships and Supply Chain Coordination

• Make-Buy Decisions, Outsourcing/ Off-shoring
• Bullwhip Effect
• Supply Contracts
• Replenishment Approaches & Vendor Managed Inventory
• Green Supply Chains
• Sustainable Supply Chain Strategies
• Agile Supply Chains
• Risk Management in Supply Chains

Module 7 – Logistics and Transportation Management

• Logistics: Importance and Issues
• Transportation Modes
• Networks and Tradeoffs
• Cross-docking and Consolidation
• Trans-shipment
• Vehicle Routing and Scheduling
• Supply Chain Optimization

Module 8- Dynamic Pricing in a Supply Chain

• Introduction to Dynamic Pricing
• The success of dynamic pricing in various industries
• Pricing analytics to exploit market opportunities
• Auctions in supply chain
• Online advertisement auctions of Google, Facebook

Module 9 – Retail, E-Commerce & Distribution Operations

• Brick & Mortar Retail Operations overview
• Online Retail Operations overview & Forecasting
• Omnichannel retail Challenges & Opportunities
• Assortment & Markdown optimization
• Operations in Platform Organizations
• Warehouse Operations
• Warehouse Performance and Storage Issues

Module 10 – Technological Innovations within Supply Chain Management

• Role of Information and Technology in Supply Chains
• Supply Chain Digital Transformation
• Industry 4.0 Applications in Supply Chains – AI, ML, Blockchain, IoT etc.
• The Future of Supply Networks

Module 11 – Capstone Project

Participants will work over a real-life supply chain problem to apply the knowledge gained during the course. There can be individual or group projects. 

CAMPUS COMPONENT

This program includes 3 days of on-campus intervention, which will take place at IIM Lucknow. The dates for the on-campus modules will be communicated subsequently. Attendance to the campus component is mandatory for all participants. However, the campus visit dates may be rescheduled due to any revised advisory from the government authorities or the institute’s policy on residential training, owing to COVID-19 related developments at that time. In case of such rescheduling, adequate notice will be provided to participants to make necessary travel arrangements.

Established in 1984, The Indian Institute of Management, Lucknow is 4^th in the prestigious IIM family of management schools in India. The establishment of IIMs was envisioned and initiated by the first Prime Minister of India – Pandit Jawaharlal Nehru. It offers courses accredited to AMBA, AACSB & NIRF.

The mission of IIM Lucknow is to improve management systems with regard to business, industry and public services through pursuit of excellence in management education, research, consultancy and training. It aims to be a preeminent centre of excellence, generating and imparting knowledge in management and providing socially conscious and globally relevant thought leadership.

IIML moulds its students into value driven leaders, managers and global players. It nurtures value based young leaders who are capable of driving social and economic transformations towards an ethical, just and sustainable society. It encourages and develops individuals having entrepreneurial spirit and actions capable of solving societal problems through innovative and sustainable business models.

The faculty of IIML are teachers in the true sense of the word – people who impart knowledge that is kept continually updated. The institute undertakes a diverse range of academic activities aimed at creation, dissemination and application of management knowledge and practice. It is an ideal setup conducive to learning, accessibility and excellence.

Benefits of Executive Alumni status of IIM L MDP include:

• Receipt of all programme brochures and newsletters from IIM Lucknow (MDP Office)
• Details of Souvenirs available with the MDP office can be shared.
• Lifelong access to a network of distinguished IIM Lucknow Executive Alumni
• Access to the IIM Lucknow Campus Library (onsite access)
• 10% discount in fee for any additional program (Open program, Online) at IIM Lucknow (Lucknow and Noida campus)
• 10% group discount on the fee for reference of participants (Minimum group of five)
• A one time registration fee of Rs.10,000 + GST is payable directly to the Institute upon successful completion of the program

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