Logistics and supply chain management activities have always been vital to organizations of all kinds. This management area, which federates activities as diverse as production, transportation, inventory, warehousing, purchasing, material handling, sales and customer service; represents a synthesis of methods and techniques coming from traditional business areas of finance, accounting, management, and marketing, as well as business decision- making tools offered by operations research, statistics, and economics.
This course examines the role of logistics in the supply chain within a focal firm as well as between organisations linked within a given supply network. Topics cover issues such as introduction to the basic terms of logistics, distribution and transportation alternatives, the connection between logistics and marketing, the estimation of value and costs in logistics, sourcing and supply management, supply chain planning and control strategies, logistics future, challenges and opportunities. The course also surveys operations research models and techniques developed for a variety of problems arising in the logistical planning of production systems. Students will get a clear idea of the expanding role of logistics in business today. They will also be familiar with the principles and processes of logistics as a strategic choice in supply chain management.
| Date | Duration | |
|---|---|---|
| Face-to-Face | Starts February 26, 2024 | 3 days |
The focus will be on the design, planning, organization and control of the associated activities.
The course further examines logistics systems that support the physical supply of raw, semi-finished and finished materials to a firm, the planning and control of operations, and the delivery of the products or services up to the final customers, with the objective of achieving a sustainable competitive advantage and optimizing the value and the long-term performance of the firm and the supply chain as a whole.
The focus will be on the design, planning, organization and control of the associated activities. The following topics will be covered: supply chain structure, objectives and evaluation drivers and metrics, network design and facility location in a supply chain, demand and sales forecasting, aggregate planning, planning and managing inventory in a supply chain, transportation operations, sourcing and procurement, pricing, and information technologies in supply chain management.
