Knowledge in Operations Management

Forecasting in SCM

Understand how forecasting is essential to supply chain planning Evaluate demand using quantitative forecasting models Apply qualitative techniques to forecast demand Apply collaborative techniques to forecast demand

Inventory Management in Managing Supply Chains

Types of Inventory – depending on specific purpose •Cyclic inventory – regular production or purchase in batches •Safety stock – safeguard against uncertainty of demand & supply •Decoupling stocks – manage mismatch or independent operations among departments, decision making units •Anticipation inventory – seasonal stock, speculation stock •Pipeline inventory – in-transit inventory ( inventory-on-order), work-in-process inventory •Dead stock – non-moving, obsolete items

7 Management and Planning Tool

1. Affinity Diagram 2. Relations Diagram 3. Matrix Diagram 4. Tree Diagram 5. PDPC 6. Arrow 7. Matrix Data Analysis

Card Based Control System

A card based control system is a production control system that co ordinates a set of business operations to synchronize transforming resources, transferred resources and resource requirements.

SELECT STRATEGIC ISSUES IN INBOUND LOGISTICS

—Understand the role and nature of inbound logistics in a supply chain context —Explain the different types of inbound systems in a supply chain —Discuss the major materials management activities —Understand the procurement process

Student Facilities Committee

Work done by Student Facilities Committee(SFC) in IIM Ranchi

Quiz Questions

A multiple choice questions quiz that was held with the students of IIM Ranchi to test their acumen of Operations Management knowledge.

Questions and Answers

The Questions and Answers, mostly numerical based were designed and shared with the students to help them prepare well for the Operations electives and also placement process.

Electives

The details of the MOM in which the faculty from the Operations Background and the Operations Club decide on the electives that will be offered for the students interested in Operations major.

Managing Inventory

A paper by Mr. Sumanta Basu, where he discusses about the merits and demerits of maintaining an optimum inventory. Also some numerical derivations to find the Economic Order Quantity etc, are a part of this attachment.

Introduction PPT

The introduction Presentation which is shown to the new students to give an overview about the Operations Club and Operations subject. It stretches from Supply Chain management to inventory management to Quality control and various other topics.