Role of IT: Enables visibility, coordination, and analytics. Key Systems:
Based on the 7th Edition by Sunil Chopra & Peter Meindl
Objective: Balance ordering/holding costs. Key Formula: EOQ = √(2DS / hC)
You searched for the 7th edition on purpose. Here is why that might be smart or stupid.
| Feature | 7th Edition (Pre-2020) | 8th Edition (Post-COVID/Modern) | | :--- | :--- | :--- | | Risk Management | Covered in a basic chapter. | Integrated throughout; heavy on disruption. | | Digital Supply Chains | Focuses on RFID and basic ERP. | Covers Blockchain, AI, and Control Towers. | | Slide Quality | Text-heavy; great for theory. | Visual-heavy; less text (bad for studying). | | Excel Models | Included on a CD/Download. | Moved to a paid online portal. | | Search Frequency | High (Students want clarity). | Medium (Professors want relevance). |
Verdict: If your exam covers cost optimization and EOQ, stick to the 7th edition slides. If your exam covers resilience and nearshoring, you need the 8th edition.