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Logistics and Supply Chain Management

Logistics and Supply Chain Management

College: Graduate Studies Program Institute

This specialization provides a comprehensive understanding of the principles and practices of logistics and supply chain management, focusing on the efficient flow of goods, services, and information from origin to consumption. Students will explore key areas such as procurement, inventory management, transportation, and global supply chain strategies. The program emphasizes analytical skills, problem-solving, and the use of technology to prepare students for careers in logistics, operations, and supply chain management across various industries.

Learning Objectives:

  • Understand the fundamentals of logistics and supply chain management and their roles in global trade.
  • Develop skills in planning, executing, and improving supply chain operations.
  • Learn procurement techniques, inventory control, and demand forecasting.
  • Explore transportation, storage, and distribution strategies.
  • Understand the impact of technology and data analytics on supply chain efficiency.
  • Analyze challenges and opportunities in global supply chain networks.
  • Develop leadership and collaboration skills to manage cross-functional teams.

Main Course Outline:

  1. Introduction to Logistics and Supply Chain Management - An overview of supply chain concepts, history, and importance in business.
  2. Supply Chain Strategy and Design - Principles of designing effective and responsive supply chain networks. - Techniques for aligning supply chain strategies with business goals.
  3. Purchasing and Supplier Management - The basics of sourcing, supplier selection, and contract negotiation. - Techniques for managing supplier relationships and ensuring quality.
  4. Inventory Management and Demand Forecasting - Study methods of inventory control, including just-in-time and economic order quantity. - Techniques for accurate demand forecasting and inventory optimization.
  5. Transportation and Distribution Management - Principles of transport modes, routing, and cost management. - Techniques for optimizing distribution networks and last-mile delivery.
  6. Warehousing and Materials Handling - Basics of warehouse design, planning, and operations. - Techniques to improve efficiency in materials handling and storage.
  7. Global Supply Chain Management - Study international trade, customs regulations, and global logistics. - Techniques for managing risks and complexities in global supply chains.
  8. Technology and Data Analytics in Supply Chain - Utilizing ERP systems, IoT, and blockchain in supply chain management. - Leveraging data analytics techniques to improve decision-making.
  9. Sustainability and Ethical Practices in Supply Chain - Principles of green logistics and sustainable supply chain practices. - Techniques for ensuring ethical sourcing and corporate social responsibility.
  10. Capstone Project - Real-world supply chain project to apply acquired skills. - Techniques for providing comprehensive supply chain solutions.

Assessment Methods:

  • Case studies and presentations on supply chain challenges.
  • Written assignments on procurement, inventory management, and logistics.
  • Group projects and supply chain simulations.
  • Participation in internships or fieldwork with logistics organizations.

Recommended Textbooks:

  • "Supply Chain Management: Strategy, Planning, and Operation" by Sunil Chopra and Peter Meindl.
  • "Essentials of Supply Chain Management" by Michael H. Hugos.
  • "Logistics and Supply Chain Management" by Martin Christopher.
  • "Global Supply Chain and Operations Management" by Dmitry Ivanov and Alexander Tsipoulanidis.

Prerequisites:

No prior experience required, but an interest in business, operations, and analytics is recommended. Suitable for students in business, engineering, and related fields.

Program Duration:

Typically ranges from 3 to 4 years, including internships, fieldwork, and capstone projects.

Certification:

Graduates may receive a degree in logistics and supply chain management or a related field, depending on the program and institution.

Target Audience:

Aspiring logistics professionals, supply chain managers, and operations specialists seeking to improve the flow of goods and services in a globalized economy. This specialization equips students with the analytical, technical, and strategic skills necessary to excel in logistics and supply chain management, driving efficiency and innovation in the movement of goods and services worldwide.