Course detail
Supply Management
FP-BmzPAcad. year: 2018/2019
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
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
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 course assessment is based on semester project solution, case study solution, selected topics solution in seminars/lectures, excursions or external lectures attending and written exam. Scoring of each component is following: semester projects solution (maximum 30 points/project); semester project defence (maximum 10 points); case study solution (maximum 10 points/case study); selected topics solution in seminars/lectures (maximum 5 points); attending additional activities maximum 2 (additional activities will be included during the semester, additional acitivites are expecially external lectures or excursion 5 points/lecture or excursion, which can be used for obtaining additional points to pass minimum points requirements.); written exam (maximum 50 points).
Chosen topic of semester project should be sent via e-learning by the end of 2nd week of the semester. Students team have to hand over a written semestral project solution via e-learning by the end of 6th week of the semester in the form "teamleadersurname.docx" (or "teamleadersurname.doc"). Semester project(s) evaluation is based on weight of following factors i. e. scope and difficulty (20 %); selected solution approach, quality and content (40 %); formal form, graphic form, correct references usage inc. compliance with the requried scope (20 %) and critical perspective and thinking (20 %). On the other side late project submission is penalized by -20 %. Final semestral project defence is planned for two last weeks of semester. The semester project defence evaluate both practical knowledge (40 %) of solved problem (40 %) and knowledge of theoretical background (20 %). Whole team is evaluated.
Case study evaluation is based on weight of following factors i. e. theoretical knowledge and understanding (40 %); solution approach and quality (40 %); formal and graphic form, (20 %). On the other side late case study submission is penalized by -20 %.
Conditions for awarding the course – unit credit: fulfilling the assignments and submitting solution(s) in required time, content and form including presentation of results. Course-unit credit is given under successful fulfilling the conditions of min. 25 points. At least 15 points have to be from semester project(s) solution and case studie solution has to be evaluated also 5 points.
The exam has a written form. The written form of exam contains example and tests student's ability to understand of knowledge of inventory management. The written exam contains also set of open and close questions, which focus on practical understanding and application of inventory management.
The total classification is based on Consolidated versionof the study and examination rules of BUT, Article 14 Grading scale: Grade A (excellent) 100 to 90 points; B (very good) 89 to 80 points; C (good) 79 to 70 points; D (satifactory) 69 to 60 points; E (sufficient) 59 to 50 points; F (failed) 49 to 0 points.
Course curriculum
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
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
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
Teacher / Lecturer
Syllabus
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
Teacher / Lecturer
Syllabus
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