Industrial Excellence
Course code
SCM601
Course type
MSc Course
Weekly Hours
2,5
ECTS
5.0
Term
HS 2019
Language
Englisch
Lecturers
Prof. Dr. Arnd Huchzermeier
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.
Course content
MANAGING THE RESULTS OF THE FIRM
1. Strategy Formulation, Cascading, Execution & Alignment
2. Fair Process Leadership
MANAGING THE RESPONSIVENESS OF THE FIRM
3. Decision Trees and Monte Carlo Simulation with @Risk
4. Supply Chain Coordination and Collaboration
5. Supply Options and Portfolios of Contracts
6. Case Study: Lufthansa Cargo AG - Capacity Reservation and Dynamic Pricing
7. Hedging Retail Promotions
8. Case Study: Canyon Bicycles - Judgmental Demand Forecasting for Direct Sales
MANAGING THE RESILIENCE OF THE FIRM
9. Hedging Supply Uncertainty
10. Simulation Game: Global Supply Chain Management
11. Simulation Game: Global Supply Chain Management - Debrief
12. Returns Management of Online Retailers
MANAGING THE RISK OF THE FIRM
13. The Benefit of Limited Flexibility
14. Supply Network Management
15. Case Study: Applichem - Operational Hedging
1. Strategy Formulation, Cascading, Execution & Alignment
2. Fair Process Leadership
MANAGING THE RESPONSIVENESS OF THE FIRM
3. Decision Trees and Monte Carlo Simulation with @Risk
4. Supply Chain Coordination and Collaboration
5. Supply Options and Portfolios of Contracts
6. Case Study: Lufthansa Cargo AG - Capacity Reservation and Dynamic Pricing
7. Hedging Retail Promotions
8. Case Study: Canyon Bicycles - Judgmental Demand Forecasting for Direct Sales
MANAGING THE RESILIENCE OF THE FIRM
9. Hedging Supply Uncertainty
10. Simulation Game: Global Supply Chain Management
11. Simulation Game: Global Supply Chain Management - Debrief
12. Returns Management of Online Retailers
MANAGING THE RISK OF THE FIRM
13. The Benefit of Limited Flexibility
14. Supply Network Management
15. Case Study: Applichem - Operational Hedging
Class dates
| Date | Time |
|---|---|
| Thursday, 31.10.2019 | 08:00 - 11:15 |
| Monday, 04.11.2019 | 08:00 - 09:30 |
| Wednesday, 13.11.2019 | 08:00 - 11:15 |
| Monday, 18.11.2019 | 08:00 - 11:15 |
| Monday, 25.11.2019 | 08:00 - 11:15 |
| Monday, 02.12.2019 | 09:45 - 13:00 |
| Tuesday, 03.12.2019 | 08:00 - 11:15 |
| Wednesday, 11.12.2019 | 08:00 - 11:15 |
| Wednesday, 18.12.2019 | 13:45 - 15:15 |
Literature
Course package including case studies Optional:Cachon G.P./Terwiesch, C. (2013): Matching Supply with Demand: An Introduction to Operations Management, McGraw HillChopra, S. / Meindl, P. (2012): Supply Chain Management: Strategy, Planning, and Operations, Pearson
Exam
Exam (60%), group case studies (30%), and Data Analytics Online Simulation Game(10%)
Requirements
An introductory course to Production and Service Operations Management as well as Statistics is required.