TYBMS Sem 5 Syllabus of November 2015 Exam: Elements of Logistics and Supply Chain Management

Elements of Logistics and Supply Chain Management is a Semester 5 subject of TYBMS (Mumbai University exam). Logistics management or Supply chain management means planning, implementing and controlling the efficient and efficient movement and storage of related information, goods and services from origin to destination.

Here we present the detailed syllabus of Elements of Logistics and Supply Chain Management:

Unit 1 – 15 lectures

Background:

1. Logistics and Logistical Management-
2. Military origin
3. Basic concept
4. Definitions
5. Scope
6. Importance in current competitive environment
7. Evolution of logistics and supply chain management
8. Topics to be covered at concept level-
9. Operating objectives of logistics
10. Logistical performance cycles
11. Inbound logistics
12. Manufacturing support logistics
13. Outbound logistics
14. Customer order cycle
15. Lead time
16. Logistical interfaces
17. Logistical mission
18. Competitive advantages
19. 3 C’s
20. Logistical competency
21. Outsourcing logistical activities
22. 3^rd and 4^th party logistics
23. Integrated logistics
24. Logistical planning and strategy.

Supply Chain Management:

1. Basic concept
2. Definitions
3. Scope
4. Comparison between logistics and SCM
5. Global supply chain scenario and importance
6. Conventional supply chains
7. Supply chain participants
8. Channel agencies
9. Relationship management
10. Concept of extended enterprises
11. Bull-whip effect.

Organization structure:

1. Basic concept
2. Definitions
3. Scope
4. Objectives
5. Importance
6. Barriers in forming effective organization
7. Improving effectiveness
8. Stages in evolution of logistical organization with emphasis on modern flat organization

Customer Service:

1. Definition
2. Scope
3. Objectives
4. Importance
5. Elements of customer service
6. Seven rights
7. Customer service audit
8. Customer service strategy

Demand Forecasting:

1. Definition
2. Purpose of forecasting
3. Nature of demands
4. Forecasting components
5. Approaches to forecasting
6. Qualitative and quantitative forecasting techniques and their applicability
7. Time series analysis with numerical examples

Order Processing:

1. Integrated system
2. Customer order cycle
3. Electronic data interchange and its advantages

Unit 2 – 15 lectures

Transportation:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Different modes of transportation – road, rail, water, air, pipelines, ropeways
7. Advantages and disadvantages of individual modes
8. Inter-modal transportation
9. Factors to be considered for mode and carrier selection
10. Modal characteristics and classification
11. Total transportation cost
12. Factors influencing transport cost
13. Transport infrastructure

Warehousing:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Warehouses
7. Distribution Centres
8. Warehousing
9. Need for warehousing
10. Economic and service benefits
11. Types of warehouses
12. Advantages and disadvantages of warehouses
13. Warehousing location
14. Area of warehouse
15. Number of warehouses
16. Warehousing operations
17. Factors affecting warehousing cost
18. Warehouse layout
19. Design principles

Materials Handling System:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Activities covered
7. Functions performed during materials handling
8. Material handling equipment with selection criteria
9. Material handling methods
10. M.H. System design – objectives and principles

Packaging:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Unitizing – concept of unit load
7. Palletizing / Kitting
8. Logistical functions of packaging
9. Objectives and benefits of packaging
10. Consumer and logistical packaging
11. Factors influencing good package design

Unit 3 – 15 lectures

Inventory Management:

Inventory –

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Purpose of inventory holding
7. Types of inventories
8. Inventory and profitability
9. Impact of inventory on total logistical cost

Inventory Management:

1. Objectives
2. Importance
3. Symptoms of poor inventory management
4. Improving effectiveness of inventory management
5. Inventory turnover
6. Service levels

• Economic order quantity
• Economic batch quantity
• Assumptions and its limitations
• Reorder level
• Safety stock with numerical examples

Inventory Control:

1. Inventory ranking methods and
2. Quadrant technique

Selective techniques of inventory control:

1. Inventory control methods – pull and push models
2. Traditional methods – Q model and P model, 2 bin system, fair share allocation model, MRP I, MRP II
3. Modern methods – kanban as a tool of JIT, Vendor managed inventory, JIT II, response based techniques – QR, CR and AR. DRP, ERP.
4. Inventory valuation

Information system:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance

Management Information System:

1. Elements of LIS
2. Advantages of computerization of information
3. Importance of information system
4. Internal and external information system
5. Functionality – IS operations
6. Automated order processing system
7. RFID
8. EDI
9. Satellite tracking system.

Unit 4 – 15 lectures

Performance Measurement:

1. Definition
2. Principles
3. Role
4. Functions
5. Importance
6. Objectives
7. Activity based performance measurement
8. Process based performance measurement
9. Internal performance measurement
10. External performance measurement
11. Classification of performance measures
12. Performance auditing
13. Perfect order
14. Service levels
15. Characteristics of ideal performance evaluation system

Logistics Costing;

1. Principles of logistics costing
2. Activity based costing
3. Mission based costing
4. Total cost analysis
5. Steps to be adopted for total cost approach

Logistical Network Analysis:

1. Concepts
2. Definitions
3. Scope
4. Objectives
5. Importance network options
6. Number of facilities
7. Milk-runs
8. RORO
9. LASH.

Modern Logistics Infrastructure:

1. Containerization
2. Mechanized material handling equipment
3. Deep water ports
4. ICDs and CFS network
5. Maritime logistics
6. Cold chain logistics
7. Dedicated freight corridors
8. Golden quadrilateral
9. Network of highways
10. Specialized equipment
11. Double stack containers
12. Unit trains
13. Logistics parks
14. Container corporation of India
15. Private Logistics Companies

The list of reference books of Logistics Management is as follows:

1. Supply Chain Logistics Management – Donald J. Bowersox, David J Closs, M Bixby Cooper
2. Logistical management – Donald J. Bowersox, David J Closs
3. The management of Business Logistics Cycle – Douglas M. Lambert, James R. Stock and Lisa M. Ellram Irwin
4. Logistics David J Bloomberg
5. Logistics and S C – M Martin Christopher
6. Supply Chain Management – Chopra Meindl, Kalra
7. Supply chain Management – Herald Dychkhoff, Richard Lacks and Joachin Reese
8. Logistics and Supply Chain Management – Text and Cases – Anurag Saxena, Caaushik Sircar