Course detail
Supply Management
FP-BmzPAcad. year: 2017/2018
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.
Guarantor
Department
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.
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
The evaluation of the course is based on the systematic, continuous work of the students during whole semester. The final assessment is classified according to ECTS and depends on not only exam results, but also semester work solution, presentation and discussion, case study solution and additional course activities. The course requirements grade are course credit and exam.
Course credit (maximum 50 points):
Solution, presentation and discussion of semester work (30 points);
Case study solution (10 points);
Additional course activities e. g. Excursion, external lectures etc. (5 points);
Partial logistics topics solution during seminars (5 points).
Semester work evaluation is based on weight of following factors i. e. theoretical knowledge understanding and application (20 %); solution approach and quality (40 %); scope, formal form, graphic form, correct references usage (20 %); team presentation (20 %).
Case study evaluation is based on weight of following factors i. e. theoretical knowledge understanding and application (40%); solution approach and quality (40 %); meeting with formal conditions (20%).
Course credit is given under successful fulfilling the conditions of min. 25 points. At least 15 points have to be from semester work and 5 points have to be from case study solution. Late submission of the topic of the semester work is penalized by 5 points. Late submission of the semester work is penalized by 5 points.
Course exam (maximum 50 points):
The written exam contains example, set of opened and closed questions.
The final evaluation (maximum 100 points) is classified according to ECTS: 100-90 points (A); 89-80 points (B); 79-70 points (C); 69-60 points (D); 59-50 points (E); 49-0 points (F).
Course credit (maximum 50 points):
Solution, presentation and discussion of semester work (30 points);
Case study solution (10 points);
Additional course activities e. g. Excursion, external lectures etc. (5 points);
Partial logistics topics solution during seminars (5 points).
Semester work evaluation is based on weight of following factors i. e. theoretical knowledge understanding and application (20 %); solution approach and quality (40 %); scope, formal form, graphic form, correct references usage (20 %); team presentation (20 %).
Case study evaluation is based on weight of following factors i. e. theoretical knowledge understanding and application (40%); solution approach and quality (40 %); meeting with formal conditions (20%).
Course credit is given under successful fulfilling the conditions of min. 25 points. At least 15 points have to be from semester work and 5 points have to be from case study solution. Late submission of the topic of the semester work is penalized by 5 points. Late submission of the semester work is penalized by 5 points.
Course exam (maximum 50 points):
The written exam contains example, set of opened and closed questions.
The final evaluation (maximum 100 points) is classified according to ECTS: 100-90 points (A); 89-80 points (B); 79-70 points (C); 69-60 points (D); 59-50 points (E); 49-0 points (F).
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 recommeded 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
Nejsou určeny.
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)
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)
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
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
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., optionally
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
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