Course detail

Supply Management

FP-BmzPAcad. year: 2014/2015

Students will be made familiar with:
Material requirements planning system of production process; normative basis for consumption calculation. Order processing. Purchasing strategy for markets. Inventory management – inventory technologies base methods. Inventory sorting with Pareto analysis. Warehouse systems. Goods identification. Order processing and packing.

Language of instruction

Czech

Number of ECTS credits

7

Mode of study

Not applicable.

Learning outcomes of the course unit

Students will be able to analyse and sort structure of inventory. Beside students will be able to make strategic decision in the field of warehouse projecting; warehouse technology and question how to effective manage material flows. The application of prediction tools and techniques of inventory both inventory management in practise is emphasized.

Prerequisites

Students are expected to have the following knowledge and skills when they begin the course – Logistics, Mathematics and Statistics. The course develops all completed knowledge from economy; technical science; informatics and production management.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.
Lectures will be conducted with the use of educational technology for the use of Power Point.
Seminars will be calculated as well as a seminar.

Assesment methods and criteria linked to learning outcomes

Conditions for awarding the course – unit credit: participation in exercises, fulfilling the assignments, and submitting case study of required content and form including presentation of results.
The exam has a written (80%) and an oral (20%) part.
The written part of the examination contains examples. The oral part tests student’s ability to understand and apply the theoretical knowledge of inventory management.

Course curriculum

Warehouse function. Analysis and inventory classification. Inventory prediction. Inventory controlling. Warehouse technology. Package and packing technology. Marking and identification. Automation identification. Collaborative approach of inventory management.

Work placements

Not applicable.

Aims

System approach how to understand of inventory management is a key activity of each company. The objective of the course is to provide students with the necessary supply management function of enterprise; economy and strategy point of view of inventory management in present global and competitiveness environment.

Specification of controlled education, way of implementation and compensation for absences

Attendance is required and checked by the tutor in written form of an attendance list. Also controlled is a partial solution of the case study in the middle of the semester.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

EMMETT, S. Řízení zásob. 1. vyd. Brno: Computer Press 2008, 298 s. ISBN 978-80-251-1828-3. (CS)
HORÁKOVÁ, H., KUBÁT, J. Řízení zásob: logistické pojetí, metody, aplikace, praktické úlohy. Praha Profess Consulting 1998, 236 s. ISBN 80-85235-55-2. (CS)
LAMBERT, D. M. Logistika. 2. vyd. Brno: Computer Press, 2005. 589 s. ISBN 80-251-0504-0. (CS)

Recommended reading

CHRISTOPHER,M. Logistika v marketingu. Přel.Prokeš R., Praha Management Press 2000, 166s. ISBN 80-7261-007-4. (CS)
LAMBERT,D.M.,STOCK,J.R.,ELLRAM,L.M. Logistika. Přel.Nevrlá,E. Praha Computer Press 2000, 589s. ISBN 80-7226-221-1. (CS)
TOMEK,G.,TOMEK, J.Nákupní marketing.1 vyd. Praha: GRADA Publishing 1996, 176s. ISBN 80-85623-96-X. (CS)

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-EPM , 3 year of study, summer semester, compulsory

Type of course unit

 

Lecture

20 hod., optionally

Teacher / Lecturer

Syllabus

1. Logistics of supply management, Sourcing of Supply Management
2. Purchasing, function Purchasing and purchasing strategy
3. Strategy and Systems of Inventory Management
4. Economics of Inventory – Demand forecasting and prediction.
5. Warehouse systems, warehouse technology and trends in stock, standardization
6. Packing; Packaging and its function. Packaging techniques and standardization
7. Marking forms, identification of material flows and goods. EAN and further systems
8. Automation Identification
9. – 10. Collaborative approaches of inventory management - VMI strategy; Consignment stock inventory

Exercise

20 hod., compulsory

Teacher / Lecturer

Syllabus

1. Case study setting. The role of inventory, function of inventory in enterprise.
2. Quantification of inventory costs.
3. Range of inventory in logistic system.
4. Ordering systems; point of decoupling – mathematical and statistical methods of demand calculation
5. Purchasing strategy decision making
6. Systems and models of inventory management
7. Optimal ordering quantity
8. Analysis and methods of inventory classification
9. Case study
10. Course unit credit. Presentation of case study solution