Supply Chain Fundamentals and Decision Strategies

📋 Course Outline

1. Supply chain definitions and flows
2. Supply chain functions and components
3. Supply chain objectives, constraints and partners
4. Supply chain management and decision levels
5. Supply chain modeling and decision problems
6. Aggregate planning strategies and methods
7. Aggregate planning case study scenarios
8. Supplier selection as multicriteria decision
9. Analytic Hierarchy Process for supplier choice

📖 1. Supply chain definitions and flows

🔑 Key Concepts & Definitions

• Supply chain : A supply chain is a network of parties that move goods and services and coordinate information and money from raw materials to customers.
• Goods and services flow : A goods and services flow is the physical movement and transformation of products and services along the supply chain.
• Information flow : An information flow is the exchange of data that supports planning, forecasting, and coordination across supply chain activities.
• Financial flow : A financial flow is the movement of payments and related cash flows between supply chain parties.
• Supply chain components : Supply chain components are the people and organizations plus the material, information, and financial elements that interact through flows.

📝 Essential Points