49680 Value Chain Engineering Systems
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Subject handbook information prior to 2024 is available in the Archives.
Credit points: 6 cp
Subject level:
Postgraduate
Result type: Grade and marksThere are course requisites for this subject. See access conditions.
Description
Value chains have become the central feature of operations management in applying engineering systems to commercial and industrial processes in the modern economy. The emphasis in this subject is on the action 'to engineer' through holistically drawing upon the full range of sciences from engineering, information technology and service sciences, management and operations strategy. The goal is to engineer value chains for productivity, quality, performance, compliance, growth, risk-sharing and learning improvement.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
| 1. | Identify key value chain drivers for Australian and global economies to provide clear pathways for continuous improvements in their teams. (B.1) |
|---|---|
| 2. | Use operational and supply chain management tools to analyse distribution centres, transport, procurement and other components in the value chain. (D.1) |
| 3. | Apply value chain tools to solve value chain problems and add value to an organisation. (C.1) |
Course intended learning outcomes (CILOs)
This subject also contributes specifically to the development of the following Course Intended Learning Outcomes (CILOs):
- Socially Responsible: FEIT graduates identify, engage, and influence stakeholders, and apply expert judgment establishing and managing constraints, conflicts and uncertainties within a hazards and risk framework to define system requirements and interactivity. (B.1)
- Design Oriented: FEIT graduates apply problem solving, design thinking and decision-making methodologies in new contexts or to novel problems, to explore, test, analyse and synthesise complex ideas, theories or concepts. (C.1)
- Technically Proficient: FEIT graduates apply theoretical, conceptual, software and physical tools and advanced discipline knowledge to research, evaluate and predict future performance of systems characterised by complexity. (D.1)
Contribution to the development of graduate attributes
Engineers Australia Stage 1 Competencies
Students enrolled in the Master of Professional Engineering should note that this subject contributes to the development of the following Engineers Australia Stage 1 competencies:
- 1.5. Knowledge of engineering design practice and contextual factors impacting the engineering discipline.
- 1.6. Understanding of the scope, principles, norms, accountabilities and bounds of sustainable engineering practice in the specific discipline.
- 2.2. Fluent application of engineering techniques, tools and resources.
- 2.3. Application of systematic engineering synthesis and design processes.
- 3.4. Professional use and management of information.
Teaching and learning strategies
Teaching strategies for this subject include both (i) face-to-face in-class lectures; and (ii) online learning activities including practice examples/problems, reading material and study notes. Weekly 3-hour session comprising lecture, discussion and exercises.
Some class time will be dedicated to progressing group work and supporting students in the completion of the second assessment task. Students are encouraged to attend and actively participate in the in-class activities to improve their theoretical as well as practical understanding of the key concepts discussed in the class.
Students will be able to complete regular online quizzes to assess their progress in developing required knowledge and concepts. The quizzes do not attract grades but rather offer an opportunity for important formative feedback.
Content (topics)
- New Value Chain Engineering
- Supply Chain
- Forecasting and Demand Management
- Warehousing, Storage and Distribution
- Strategic Operations/Operations Management
- Global Supply, Demand and Operations
- Transportation in a Supply Chain
- Modelling and Decision Making
- Sourcing Materials and Services - Procurement
- Real Options exercise
- Value Chain Risk Management
- Value Chain Case Studies
Assessment
Assessment task 1: Supply Chain Analytics
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 2 and 3 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): C.1 and D.1 |
|---|---|
| Type: | Report |
| Groupwork: | Individual |
| Weight: | 20% |
| Length: | 1500 words and Data Analysis with Excel |
Assessment task 2: Engineering the Value Chain
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 1, 2 and 3 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): B.1, C.1 and D.1 |
|---|---|
| Type: | Report |
| Groupwork: | Group, group assessed |
| Weight: | 50% |
| Length: | It is expected that your group report shall be about 12 to 15 pages, although this will vary depending upon your apporach to the problem and issues. Video - duration of video-clip must be between 4 to 6 minutes |
Assessment task 3: Online quiz (Canvas based)
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 2 and 3 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): C.1 and D.1 |
|---|---|
| Type: | Quiz/test |
| Groupwork: | Individual |
| Weight: | 30% |
Minimum requirements
In order to pass the subject, a student must achieve an overall mark of 50% or more.
Required texts
Supply Chain Management, Chopra and Meindl, 6th Edition, 2015, Pearson.
Recommended texts
Strategic Operations Management: a value chain approach, Walters, David and Rainbird, Mark, 2007, Palgrave Macmillan
Introduction to Management Science, Bernard W Taylor III, , Eleventh Edition, 2013, Pearson
Operations Management, Processes and Supply Chains, Lee. J. Krajewski, Tenth Edition, 2013, Pearson
Supply Chain Management: A Logistics Perspective, Coyle, Langley, Gibson & Novack, 9th Edition, 2012, Cengage
Transportation: A supply chain perspective, Coyle, Novack, Gibson & Bardi, 9th Edition, 2011, Cengage
Supply Chain Logistics Management, Bowersox, Closs and Cooper, 4th Edition, 2013, McGraw Hill
Supplementary Class Notes are available on Canvas. Other readings will be advised in lectures.
References
Additional references will be advised in class and on Canvas.