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Advanced Supply Management - (M)

The course is intended to highlight the evolution of concepts and methods relating to purchasing development. Starting with basics, we will progress to strongly quantitative oriented approaches. By the conclusion of the specified learning activities, students will be able to apply and analyse different procurement policies within the organization's structure.
Course code
SCM604
Course type
MSc Course
Weekly Hours
2,5
ECTS
5.0
Term
FS 2024
Language
Englisch
Lecturers
Prof. Dr. Felix Reimann
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Looking back over the past years, competitive sourcing created significant value for companies by driving substantial cost savings directly to the bottom line and creating value in the supply chain. However, procurement needs to move beyond well-established approaches in a changing world. Recent political turmoil, growing environmental and societal concerns, technological advances, macroeconomic forces, and global competition have created an even more turbulent and uncertain business environment. This course will familiarize you with advanced supply strategies that aim to create value beyond cost, e.g., effective risk management, smart outsourcing/insourcing decisions, and managing CSR in the supply chain. You will be able to understand decision schemes behind these concepts both from a theoretical/scientific and managerial perspective. Real-life relevance is a key objective of the course. The course features a combination of study formats:
  • We will go deeper into specific, highly current supply management issues by discussing relevant, complex case studies
  • Practitioner guest sessions will provide insight into latest industry developments
  • You will work with scientific journal articles as well as managerial literature and prepare a “mini lecture” on an assigned topic. Teams will present their lecture to share their insights with the other participants. This will strengthen your understanding of theories and research approaches in supply management, as well as their implications for managerial decision making

 

The learning objectives are:

  1. Acquire in-depth knowledge of various supply management strategies
  2. Gain an understanding of the frameworks and paradigms that build the foundation of advanced supply management research and practice
  3. Get new perspectives on purchasing/supply management issues from class discussions with fellow students, academics, and industry experts sharing their work experiences
  4. Get “Ph.D.-ready”: Further develop the ability to work scientifically in the realm of supply management and gain first-hand teaching experience by holding a “mini lecture”
Date Time
Monday, 04.03.2024 08:00 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Monday, 04.03.2024 09:45 - 11:15
Thursday, 07.03.2024 08:00 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Thursday, 07.03.2024 09:45 - 11:15
Monday, 11.03.2024 08:00 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Monday, 11.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 08:00 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Wednesday, 13.03.2024 09:45 - 11:15
Monday, 18.03.2024 08:00 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Monday, 18.03.2024 09:45 - 11:15
Wednesday, 20.03.2024 08:00 - 11:15
Thursday, 18.04.2024 10:00 - 11:30
This course will familiarize participants with advanced supply strategies that aim at creating value beyond cost. These include effective risk management, smart outsourcing/insourcing decisions, and managing CSR in the supply chain. You will be able to understand decision schemes behind these concepts both from a theoretical/scientific and managerial perspective. Real-life relevance is a key objective of the course.
Required and optional readings will be specified in the course syllabus.
Interactive class discussion, case-based group work, group presentation and guest speakers
Class Participation (15%), Pre-class Polls (5%), Project(25%), Exam (55%)
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