Engineering
E331 Supply Chain Management
It introduces fundamental cost management principles, with emphasis on cash flow analysis and the concept of the time value of money. Students learn to apply economic evaluation methods such as equivalence worth, rate of return, and payback analysis to assess project feasibility and support decision-making. The module also examines key financial factors including depreciation, taxation, risk, and replacement analysis to evaluate engineering projects and compare alternative solutions.
Students learn to address common supply chain challenges, design and optimise network structures, and apply digital tools to improve operational efficiency. The module introduces Enterprise Resource Planning (ERP) systems and examines how artificial intelligence (AI) technologies and sustainable practices can be leveraged to enhance supply chain performance and reduce environmental impact. By the end of the module, students are equipped to assume entry-level roles in SCM, contributing to technology-enabled and sustainable supply chain operations.