Lecture Notes || SNS Courseware

Lecture Notes

UNIT 1:

Inventory in SCM

Cash to cash cycle time

Inventory turnover ratio and its relationship with working capital,

Review of models,

Q-models and P-models Aggregation of Inventory,

Cycle stock concepts

Ordering multiple items in a single order to reduce cycle stock

Inventory in SCM

Cash to cash cycle time

Ordering multiple items in a single order to reduce cycle stock

Review of models,

Inventory in SCM

UNIT 2:

Safety stock issues Safety stock with lead time and demand uncertainty (for Q-models),

Periodic review models with safety stock,

Short term discounting

UNIT 3:

Single period models

Risk pooling in different forms-Substitution,

ZARA and Sport Obermeyor Risk Pooling

Lecture Notes