Operations Management

Introduction

In the evolving field of operations management and logistics, a deep understanding of optimization strategies is essential for minimizing costs, enhancing service levels, and maximizing efficient resource use. This course equips students with the skills to make strategic operational decisions in logistics, focusing on predictive and prescriptive models. Emphasizing sustainability, students learn to plan resource use effectively within the constraints of resource scarcity, aligning with significant sustainability goals and the principles of the circular economy.

Course content

• Introduction to operations management and the principles of optimization.
• Evaluating supply process capacity and optimizing supply chain flow.
• Techniques for demand forecasting
• Aggregate production planning models.
• Strategies for cycle and safety inventory management, including discount and optimal service level considerations.
• Approaches to pricing and revenue management.