Course Outline
     • Highlight the importance of Production and 
       Operations Management (POM)
     • Define POM and its constituent elements
     • Link operations with strategy
     • Understand tools and techniques used to 
       solve business problems
     • Capture knowledge from actual cases
                                                   2
      Course Outline
      • Course organized along eight sessions
      • Content of each session:
         – Session 1 (17/5): Introduction – Processes / 
           Operations
         – Session 2 (24/5): Company Presentation – 
           Thenamaris
         – Session 3 (31/5): Company Visit – ALMI Tankers
         – Session 4 (7/6): Company Visit – COSCO (15:30)
         – Session 5 (14/6): Beer Game
                                                            3
      Course Outline
      • Content of each lecture (continued):
         – Session 6 (21/6): Supply Chain Management
         – Session 7 (31/6): Inventory Management
         – Session 8 (?): Company Presentation –  
           Capstone-Shipping Operations
      • Case studies and illustrative examples will be 
        discussed in class
      • Final exam will include both problem solving 
        and question answering
                                                          4
      Textbooks
      • The required textbook for the course is:
         – Operations Management: Processes and Supply Chains, 
           2015. 11th Edition, by Lee J. Krajewski, Manoj K. 
           Malhotra and Larry P. Ritzman
      • Additional textbook (not required) with emphasis 
         on Manufacturing Systems is:
         – Factory Physics, 2011. 3rd Edition, by Wallace J. Hopp 
           and Mark L. Spearman
      • Grading: 80% final exam and 20% assignment
                                                            5
      POM Definition
      • What is Production and 
         Operations Management?
         – Function that enables enterprises 
           to achieve their goals through 
           efficient acquisition and                 The Enterprise
           utilization of resources                  Puzzle Solved
         – Realize bottom-line results 
           (value-added to stakeholders) by 
           linking strategy and every-day 
           decisions
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