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The compulsory modules ensure that you have a firm grounding in important subjects.
The wide range of optional modules allows you to specialise in subjects that particularly interest you. During your first term from October to December, you will study four core modules: Problem Solving Skills for Consultants The main concern of this module is the process of conducting analytical studies for clients.
It runs alongside the technical and applications courses of your MSc and should be regarded as the core 'professional' element. There are lectures, case exercises and team work, and we particularly stress the need to develop sensible approaches to problem structuring and model formulation.
Students will develop an understanding of the ways in which modern management science methods can be effective in supporting decision making and analysis in contemporary organisations. In addition, you will gain an appreciation of theories of decision making and choice and some understanding of Erps role in scm ways in which data produced by accounting systems can be used in analytical consultancy practice.
Spreadsheet Modelling Students will be introduced to the latest version of Microsoft spreadsheet: In addition there are advanced techniques such as optimisation, simulation, and the use of Visual Basic for Applications VBA to automate models and construct decision support models.
The course will also introduce the basics of simulation programming, using VBA. The course will make extensive use of case-studies and workshop-orientated learning tasks. Applying Statistical Models in Business At the heart of many management problems lies data that need to be described, analysed and interpreted.
The overall objective of this module is to develop the ability to describe, analyse and interpret data soundly, making effective use of computer software. This module assumes some prior knowledge of statistics although we know that some of you have plenty!
This module emphasises the practical application of statistical methods, and makes extensive use of SPSS.
Strategic Supply Chain Management This module examines the principles and practices of supply chain management, and examines supply chain management in a variety of sectors and contexts, from consumer goods markets to business-to-business services.
It also looks at supply chain management critically, as just one manifestation of the more general issue of trans-organisational operations management.
Most of the time will be spent considering inter-organisational relationships from various perspectives, but it will also be necessary to understand how they relate to matters within the organisation. The second part of the course runs from January to May, and includes the three core modules below, plus a choice of two optional modules from the choices on the next tab.
The aim of this module is to introduce a series of innovations and capabilities in operations and supply chain management that have been associated with excellence and outstanding performance.
These include strategic procurement management, lean production principles, supply chain contract design and negotiation, supply chain financing and risk management, and managing business process flows.
The module will look at these subjects in both manufacturing and service contexts. Logistics Modelling The purpose of this course is to understand and use in somewhat simple contexts some of the basic models from logistics.
Algebraic formulations will be used as vehicle for describing models and discussing their relationships. There will be a focus on modelling, the use of professional software, and the understanding of results.
For problems where exact solutions are hard to achieve even for simple instances of the problem, heuristics will be discussed.Technological advances to improve operations and profit margins are prominent within the supply chain services industry.
Optimization and integration are two areas where technology continues to play a prominent role in logistics, while machine learning and Uberization are significant trends to watch. David Taber is the author of the Prentice Hall book, "timberdesignmag.com Secrets of Success," now in its second edition, and is the CEO of SalesLogistix, a certified timberdesignmag.com consultancy focused.
Jan 20, · ERPs are essential as supply chain applications depend on ERP applications to get all its data. For example, in my previous company, I used to manage a logistics application (Oracle Transport Management), a SCM application that automates and optimizes the logistics, derived all its information from sales order management application (SAP).
Essentially, ERPs form the backbone of all the SCM . In this paper first we summarize the most important tools and concepts of ERP systems that help in supply chain information sharing, cooperation, and cost optimization.
On the other hand the obstacles of cooperation are characterized and suggestions for improvement are listed. NetSuite's manufacturing, distribution and supply chain management capabilities are all built on the premise that the physical location that a product is made or stored in should be irrelevant to your decision making process—it may add to your lead time, but we let you manage all with ease.
Supply Chain Management is said to be the integration of key business processes from end users through original suppliers that provides products, services, information and hence adds value for customers and other stakeholders (Lambert et al., ).