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Logistics and Supply Chain Management
The Master of Science degree program in Logistics Management, with concentration in Supply Chain Management, is designed to provide students with graduate education that will enhance their leadership careers in the fields of logistics and supply chain management.
The program aims to enable students to craft technology-rich supply chain architectures, instill rapid innovation into supply chain design, efficiently manage the supply base, align partners through trust and common values, and create the right metrics for supply chain networks.
1. Applicants should have three years of work experience in the field of logistics, supply chain management, operations management, information technology, or a related field.
2. Those who currently hold or are on track to assume senior professional responsibility in the field of logistics and supply chain management will be given preference.
3. Applicants must have a bachelor's degree and satisfy the minimum requirements to obtain graduate status (see: http://www.wright.edu/academics/gradcatalog/admissions/).
4. Three professional references are required.
The MS program is a one-year, 48-credit hour, lockstep, cohort-based program. The program blends five intensive weekends in-residence with four e-learning segments. The in-residence modules are scheduled between e-learning segments and include case studies, leadership lectures, breakout sessions, and simulation assignments. E-learning segments add learning activities such as interactive cases, pedagogical discussions, and proprietary teaching material built by global subject matter experts.
Course of Study
The program consists of ten courses (4 credit hours each) and one capstone project (eight credit hours). The course descriptions are given below.
|Course Descriptions|| Credits|
|MS 787: SUPPLY CHAIN PROJECT MANAGEMENT|| 4|
|Planning, organizing and control or transformation projects in supply chains. Strategic role of supply chain projects, types and appropriate planning methods for supply chain projects, risk management, value considerations, project scheduling and resource management.|
|MS 788: BASICS OF SUPPLY CHAIN MANAGEMENT|| 4|
|This course explores the fundamentals of supply chain management with a special emphasis on the strategic role of the supply chain, key drivers of supply chain performance, and analytical tools and techniques for supply chain analysis. The course describes supply chain methodologies and discusses levers and strategies to improve supply chain performance.|
|MS 790: DEMAND MANAGEMENT AND FORECASTING|| 4|
|This course addresses current issues of demand management and forecasting as they relate to the supply chain environment. It begins with specific forecasting methodologies, their appropriateness for use with different types of data and environments, and methods for measuring accuracy. It then discusses special event forecasting and ways to integrate managerial knowledge with statistical forecasting methods in order to increase responsiveness and improve accuracy. Specific software issues in forecasting and demand management, and sales and production planning are also reviewed. Current topics such as CPFR, accurate response, and the role of data mining, POS and CRM data in improving forecast accuracy are discussed.|
|MS 791: BENCHMARKING & PERFORMANCE METRICS|| 4|
|This course focuses on the selection, use, and evaluation of appropriate metrics for supply chain performance, the benchmarking process, and the Baldrige Criteria for organization assessment. Sample topics include how to select appropriate performance metrics for an organization, how to develop and implement a scorecard to monitor organizational performance, how to link the scorecard to other systems within the organization, how to develop actions and initiatives to reach performance targets, how to identify "best practices," and how to apply the Baldrige Award criteria to internal operations.|
|MS 792: SUPPLY CHAIN NETWORK DESIGN|| 4|
|This course studies models that explore the key issues associated with the design and management of supply networks. Special attention will be given to the integration of supply chain decisions and consequential difficulties. A considerable portion of the course is devoted to models that treat uncertainty explicitly. Topics include supply network design, inventory centralization, multistage production systems, the value of information, and contracts.|
|MS 793: INVENTORY MANAGEMENT|| 4|
|This course explores the fundamentals of inventory management, including continuous replenishment, ordering policies, measuring global and chain inventory, inventory positioning within the chain, and risk pooling. The objectives of the course are to understand strategies for reducing inventories, factors that lead to an increase in cycle inventory, the role of safety inventory to counter supply or demand uncertainty, and factors that influence the level of safety inventory. |
|MS 794: LEAN SUPPLY CHAIN MANAGEMENT|| 4|
|This course focuses on the development of lean supply chains within organizations. Topics covered will include value stream mapping of processes for efficient material and information flow, the Kaizen approach to continuous improvement, and the use of quality tools for process evaluation and improvement.|
|MS 795: INFORMATION TECHNOLOGY AND SUPPLY CHAINS|| 4|
|This course focuses on managing material and information including product design collaboration, demand planning and forecasting, inventory deployment, distribution system design, channel management, procurement, and logistics. It explores order fulfillment strategies and the impact of IT on distribution and back-end supply chain processes. It also examines strategies for enterprise and extraprise integration.|
|MS 796: STRATEGIC SOURCING|| 4|
|This course explores current issues of strategic sourcing within organizations. It underscores the differences between tactical and strategic sourcing. Key issues of strategic sourcing will be addressed, including how to make sourcing decisions to support corporate strategy, outsourcing versus insourcing, supplier and vendor selection, managing a worldwide sourcing network, and negotiating and managing contracts.|
|MS 797: GLOBAL SUPPLY CHAIN MANAGEMENT STRATEGIES|| 4|
|This course covers issues relating to global supply chain management and coordinating production plans across the world. Key issues of global operations and SCM will be addressed, including how to develop and manage an efficient and effective global supply chain. The course also discusses the development of a comprehensive global SCM strategy, including strategic planning for individual global operations. Also addressed are issues relating to cost/benefit analysis, transportation and physical distribution, global facility location, labor productivity differentials, tariffs and quotas, and cultural differences.|
|MS 799: SUPPLY CHAIN PROJECT|| 8|
|Students will complete a comprehensive company-based supply chain project with documented results. Each student will have an individualized project. This is the hallmark of the program. The project may be assigned by the student's employer or may be created in coordination with a faculty member.|
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