OPM500 - Supply Chain Management
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|Last revision date||Jul 14, 2014 8:23:23 AM|
|Last review date||Jul 14, 2014 8:23:23 AM|
Supply Chain Management
This subject is an introduction to the study of Supply Chain Management which encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities. It spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. Logistics refers to the procurement, transporatation, production planning, inventory management, materials handling, warehousing and distribution functions associated with the movement, production and storage of goods. The logistics area encompasses a number of rapidly changing functional areas. The application of communication and information technologies has altered the basic goals with respect to the movement of goods. The emphasis has switched from the efficient transportation of goods to the planning of the entire goods handling cycle, so that the least handling, storage and movement occurs. Today's business firms recognize the important role that logistics play in determining profitability and survival.
OPM 500 is a required subject for the 5th semester Operations Management specialization program, as well as a professional option in the other BAD specialization.
Upon successful completion of this subject the student will be able to:
1. Explain the role of logistics in organizations.
2. Discuss the development, evolution and objectives of effective supply chain management.
3. Understand the relationship between supply chain management and logistics and other functional areas in a company, including production, marketing and finance.
4. Understand the basic elements of customer service that are important to logistics managers.
5. Discuss the strategic role warehousing plays in the logistics system.
6. Explain the effect of materials handling and packaging on logistics.
7. Discuss the economic and service characteristics of the basic modes of transportation.
8. Determine the most appropriate price determination strategy for alternative transportation modes.
9. Discuss currently used and innovative supply chain and logistics information technologies.
10. Discuss the current trends in the development of supply chain management.
Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.
Respond to written, spoken, or visual messages in a manner that ensures effective communication.
Use a variety of thinking skills to anticipate and solve problems.
Locate, select, organize, and document information using appropriate technology and information systems.
Analyze, evaluate, and apply relevant information from a variety of sources.
Manage the use of time and other resources to complete projects.
Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.
To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at firstname.lastname@example.org.
Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.