Industrial Excellence - M - Q4

Participation Prerequisites

An introductory course to Production and Service Operations Management as well as Statistics is recommended, but not required.

Course Content

PART I:          MANAGEMENT QUALITY FOR GLOBAL COMPETITIVENESS

Session 1:     Operations Strategy Formation and Deployment

Session 2:      Antecedents of Behavior Supporting Bottom-up Operations Strategy Formation

Session 3:      Fair Process Leadership and Corporate Digital Responsibility (CDR)

Session 4:      Case Study: Zahnen Technik – Because Everyone Has the Right to Have Clean Water!

PART II:         UNLIMITED PRODUCT INDIVIDUALIZATION

Session 5/6:       Mastering Variance in Individualized Mixed-Model Assemblies: Why the Variable Takt Outperforms the Fixed Takt

Case Study:  The Fendt VarioTakt – Revolutionizing Mixed-Model Assembly Line Production

Bespoke Takts for Individualized Products in Mixed-Model Assemblies

PART III:        SUPPLY MANAGEMENT

Session 7:      Supply Risk Hedging

Session 8:      Supply Options and Portfolios of Contracts

Case Study: Lufthansa Cargo AG – Capacity Reservation and Dynamic Pricing

The DESASTER Game (Distributed Ledger Technology-Enabled Sourcing and Strategic Trading Experience Research)

PART IV:        SUPPLY NETWORK MANAGEMENT

Session 9:      Scenario Planning and Monte-Carlo Simulation using @Risk

Session 10:   Global Supply Network Optimization

Session 11:   Case Study Applichem

PART V:         RESILIENCE AND SUSTAINABILITY

Session 12:   Bespoke Supply Chain Resilience

Session 13:   Geopolitical Risk Management

Session 14:   Supply Chain Resilience & Supply Chain Sustainability

Session 15:   Case Study: The Sahara Renaissance Project -- CO2 Removal Through the Deserts' Greening to Undo Global Warming Profitably!

Intended Learning Outcomes and Competencies

The goals of this course are to facilitate students' understanding of these process and product design foundations and to provide the concepts and research skills necessary for analyzing and managing key processes centered on operations and the global supply chain under various sources and types of risk as well as sustained disruptions. Moreover, software tools are provided for the analysis and the design of integrated supply chain networks and the evaluation of (compound real) options, i.e., the evaluation of the benefit of operational flexibility and the option value of managerial flexibility.

Instruction Type

Guest lectures, lectures, case discussions, e-learning

Form of Examination

Literature

Course package including case studies