IBUS7316 Seminar 1 2s - Lecture notes 22 PDF

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IBUS7316 International Supply Chains Welcome

Feb., 2021 Henry Xu UQ Business School

The Teaching Team

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Dr Henry Xu (Course Coordinator) 

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Office: Room 424, Joyce Ackroyd Building (#37) Email: [email protected]

Mr Buddhika Gamage (Facilitator) 

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Office: Room 115, Colin Clark Building (#39) Email: [email protected]

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Consultation and Contact

 Room 424 – Joyce Ackroyd building  Phone contact: (07) 33468135  Consultation  Mondays 3–5pm @ St Lucia, or online  Make an appointment beforehand  Course webpage @ Blackboard  Check regularly for learning materials and important announcements

Global Logistics and Supply Chain Management, 3e

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John Mangan Chandra Lalwani

ISBN: 978-1-119-11782-7

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Where is the Prescribed Textbook Referred in Readings for Each Topic?

Global Logistics and Supply Chain Management, 2e / 1e

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Supply Chains Management – A Logistics Perspective, 10e    

John Coyle John Langley Robert Novack Brian Gibson

ISBN: 1305859979

Teaching and Learning Approach  The teaching and learning process is dynamic and 

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is based on students’ needs and feedback. This semester, we will incorporate the flipped class mode and learning through case study method into our teaching and learning process. You are required to read content-related materials or view lecture recordings before each seminar. Seminars focus on understanding key concepts/ theories and discussing selected business cases.

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My Expectations

 Have a positive attitude towards learning  Treat everyone in the class with respect  Use seminars to develop understanding  Be prepared for each class  Read weekly assigned book chapters and cases and/or listen to lecture recordings  Share your knowledge and experiences  Start your assignments early

Seminar Outline

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Course Outline  

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Course objectives Seminar organisation

Introduction to the Subject – Supply Chain Management Assessments in the Course

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Course Objectives

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Build your knowledge on supply chain management and understand major supply chain processes and issues. Learn key research skills through an assessment called semester paper. Develop your ability in applying your knowledge to real business scenarios.

Seminar Topics

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Key Concepts in Supply Chain Management Global Logistics and Supply Chain Performance Supply Chain Strategies Demand Management and Forecasting Strategic Sourcing and Supply Management Inventory Management Logistics and Supply Chain Information Systems Supply Chain Integration and Collaboration Warehousing and Transportation Supply Network Risks

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Mind Map of IBUS7316 SC Strategies L3 Risk L10

Risk L10

Integration L8

SC Planning L7

Order Management L9

Supply L5

Input

Feedback

Demand L4

Inventory L6

Integration L8

Order Fulfilment L9

SC Performance L2

Seminar Organisation

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Online seminars Group activities Guest seminars Case study discussions Workshops on assessments

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Case Study Fundamentals  Generally, there are three types of cases: (1) problem-solving, (2) practice, and (3) a ‘hybrid’ case – a combination of type 1 and type 2.  For problem-solving cases, you need to identify the key problem(s) the case company was facing and assess (for solved problems) and/or recommend (for unsolved problems) solutions.  For practice cases, you need to assess the practices adopted by the case company and think about what lessons can be learned.

Case Study Discussion

 All the major cases were selected from the database of Harvard Business Publishing (HBP).  All the cases can be downloaded from our course Blackboard site.  A range of problems in real companies, so desk research may be needed.  The focus of a case study is the discussion of real-life business issues/ problems.

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Case Study Discussion

 Case study discussion takes place in Teaching Weeks 5–11 following each seminar.  We discuss one case study each week during Teaching Weeks 5–11 as per the schedule for case study discussion.  Students read the case before seminar and think about the set questions for discussion.  The schedule and the questions for each case study discussion will be available on Blackboard.

Case Study Discussion

 The benefits of case study discussion are twofold: (1) help you better understand each case, and (2) prepare you for the final exam with respect to knowledge and a critical mind.  Each student prepares his/her own answer to the case study questions (okay in dot points).  Students discuss their answers in class under the guidance of their facilitator.  Then, the facilitator provides his verbal feedback to individual responses from students.

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IBUS7316 International Supply Chains

Lecture 1

Introduction to Supply Chain Management

Learning Objectives

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Appreciate the importance of supply chain management in industries.

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Know the changing business landscape that drives international supply chains.

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Understand some key concepts in relation to supply chain management.

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Employment in the Supply Chain Sector – A Canadian Case The Canadian supply chain sector employs an estimated 767,000 workers. 1. 2. 3. 4. 5. 6. 7.

Senior Management

1.2%

Logistics Information Systems Warehousing Transportation Inventory/Material Control

5.5% 45.2% 22.1% 14.1%

Purchasing Marketing and Sales

10.6% 0.5%

Canadian Supply Chain Sector Council – 2012 Labour Market Study

The Importance of SCM for Manufacturing and Services 

Robust supply chain strategies enable the entire chain to compete  e.g. Dell 

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relatively cheap PCs, plus online sales, fast delivery and good service

Logistics and SCM can be used to generate cost savings and service enhancement  e.g. Wal-Mart 

keeps adopting the newest IT for sharing information in the supply chain 22

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The Changing Business Landscape: Major Driving Forces 

Power Shift in the Supply Chain 

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Informed consumers have low tolerance for poor quality in products and services. Large retailers become more demanding and commanding. Large retailers focus on reducing distribution costs, resulting in changing supply chain strategies (e.g. just-in-time delivery).

The Changing Business Landscape: Major Driving Forces 

Globalization 

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Global marketplace, sourcing, manufacturing and distribution Global alternatives have blossomed No geography – access available to the world Supply chain challenges E.g., Wal-Mart’s challenges

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The Milk Supply Chain

External Distributors

Packaging O peration

Internal functions External Suppliers T ier 1

T ier 2

T ier 3

Supply Chain Networks

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Global Apparel Value Chain Tracing back the dress you are wearing

Question: what are the major challenges in managing an international supply chain like the one below?

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Group Discussion

https://padletuq.padlet.org/b_gamage/e1jvevlmtn6seury

What is a Supply Chain?

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The supply chain is the network of organizations that are involved in the different processes and activities that produce value in the form of products and services for the end consumer.

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What is SCM?

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Supply chain management (SCM) is the management across a network of organizations in relation to material, information and resource flows that lead to the creation of value in the form of products and/or services.

Three Flows in a Supply Chain Information Material Cash

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Question: what is the essence of SCM?

What is Logistics?

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Logistics involves getting, in the right way, the right product, to the right customer, in the right quantity, in the right quality/ condition, to the right place, at the right time, and at the right cost (called the “8 Rs” of the logistics). It’s not just ‘trucks and sheds’.

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Porter’s Value Chain Model

Distinguishing Logistics and SCM

Source:Larson, P. & Halldorsson, A. (2004)

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Assessment

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Semester Paper 

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Individual assessment

Take Home Assessment 

40% 60%

Essay questions

IBUS7316 Semester Paper (Semester 1, 2021) You are required to write a scholarly article suitable for consideration by an academic journal. Keep in mind that writing a literature review (LR) paper is a learning process. If you do not have much experience in this type of academic writing, an efficient way to improve required writing skills is to read good LR papers. Therefore, you should try to read well-written LR papers and learn how to critique and synthesise relevant papers on a specific topic. Each semester paper should NOT exceed 2,000 words (excluding tables and references). Submission time and date: 2:00pm 24 May. Each student submits one copy of his/her semester paper through both Turnitin and the course Blackboard. Papers must have a completed title page (a template to be provided).

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Semester Paper  A semester paper is basically a critical review of the key literature (i.e., selected journal papers) on a narrowly-defined research topic.  In this course, a literature review is defined as “critically analysing selected articles through summary, classification and evaluation of prior research studies and synthesizing the results of such analyses into a coherent piece of work”.  The main purpose of your semester paper is to provide a sound understanding of what has been done on a research topic of your choice.

Choose and Refine Any of the Ten Topics: 1. 2. 3. 4.

The impact of Covid-19 on global supply chains Green purchasing (or manufacturing or logistics) The impact of online shopping on retail supply chains Traceability in global food supply chains: challenges and solutions 5. Strategies (or methods or applications) for managing supply chain risks (or disruptions) 6. How to build a responsive agri-product supply chain 7. The impact of technologies (e.g. big data, blockchain the Internet of Things) on SCM 8. Strategies (and/or practices) for waste management in food supply chains 9. Current research on service supply chains (e.g. hotel) 10. Current development of e-logistics (or e-supply chain)

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The Structure of Your Semester Paper  A semester paper usually has three parts: an introduction, a body and a conclusion.  Introduction: identify a narrowly defined topic, explain why it is chosen and indicate 1–2 major themes/ issues to be discussed in the body.  Body: organise your literature review around the major themes/ issues (as indicated in the introduction) and sub-themes/sub-issues, if any.  Conclusion: highlight the major findings of your literature review and discuss their implications (e.g., unanswered research questions).

The Structure of Your Semester Paper  Overall, your semester paper (max. 2,000 words, excluding tables and references) should include the following sections:  Title page  Abstract  Introduction  Body of the paper  Conclusion  A minimum of 20 references

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The Formatting of Your Semester Paper  Your semester paper should use the following formatting styles:  Use headings/ subheadings (if any)  12 font (Times New Roman/ Arial)  Single line space  Page numbering  In-text citations  Referencing style – SCM: IJ or AoM

(Some) Journals               

Management Science Journal of Operations Management Journal of Decision Sciences European Journal of Operational Research International Journal of Production Economics International Journal of Operations and Production Management International Journal of Production Research Production and Operations Management Supply Chain Management: An International Journal Journal of Supply Chain Management International Journal of Logistics management Journal of Business Logistics International Journal of Physical Distribution and Logistics Management Industrial Management and Data Systems International Journal of Logistics: Research and Applications

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Take Home Assessment  Centrally-scheduled; 24 hours allowed; answer 2 out of 4 questions  Questions cover the following content:  Lecture recordings and seminars  Guest lectures  Small and large case studies

 Your essay style response to a question is about 600-800 words in length  Further details to be provided in the last seminar

Criterion-based Assessment

 Marking criteria and rubrics for your semester paper are included in the “IBUS7316 Guidelines for Semester Paper” document.  The document will be made accessible under the “Assessment” menu on the Blackboard.  Read marking criteria and rubrics before you embark on your semester paper.  Marking criteria for the take-home assessment will be provided in the last seminar.

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The Overall Grade

 Your final result in this course is the weighted average of all assessment items, including the final take-home assessment.  The take-home assessment (60%) is important.

Next Seminar

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Before attending the next seminar, please 

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Read the small case – “What does it take to compete?” (in the “Week One” folder) Refer to ML Chapters 2 & 12 or view the lecture recording (to be available on Blackboard)

Next seminar: “Global Logistics and Supply Chain Performance”

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