| Course Unit Title | LOGISTICS AND SUPPLY CHAIN MANAGEMENT |
| Course Unit Code | ITSM503 |
| Course Unit Details | MSc Marine Engineering and Management (Elective Module ) - MSc International Trade and Shipping Management (Required Modules) - |
| Number of ECTS credits allocated | 8 |
| | Learning Outcomes of the course unit | By the end of the course, the students should be able to:- Offer critical discourse on the levels of inventory at any stage of the supply chain.
- Appraise different modes of transportation as regards the specific needs of the cargo and trade in question.
- Understand the significance of Forecasting, and evaluate some basic methods.
- Explain the relationship between the Logistics Department in a company with that of Sales, Marketing, Finance, Personnel, and IT.
- Formulate a Customer Service policy, implement it and measure its effectiveness.
- Understand the need and reality of pursuing a Sustainable Logistics and Supply Chain Strategy.
- Critically appraise data, isolate issues pertaining to Logistics, and evaluate those.
|
| Mode of Delivery | Face-to-face |
| Prerequisites | NONE | Co-requisites | NONE |
| Recommended optional program components | NONE |
| Course Contents |
- Historical overview of the retail market.
- Technical advancements and changes in the world of global finance, international transportation, and international trade laws, and how these changed the way we think about Logistics issues today.
- Logistics and the wider supply chain.
- Inventory costs.
- The Economic Order Quantity and other inventory models.
- Inbound, Manufacturing, and Outbound logistics.
- Procurement, Sourcing and Outsourcing.
- Lean logistics and supply chains.
- Agile and responsive supply chains.
- Warehousing and Distribution issues.
- International Transportation.
- Customer Service and KPI’s.
- Sustainable Logistics and Supply Chain strategy
- Total Logistics Cost concept
|
| Recommended and/or required reading: |
| Textbooks | - D. B. Grant, Logistics Management, Pearson, 2012
|
| References | - A. Rushton, P. Croucher, P. Baker, The Handbook of Logistics and Distribution Management, Kogan Page Ltd, 3rd Eddition, 2006
- J. Mangan et al, Global Logistics and Supply Chain Management, Wiley, 2008
- P. Murphy & D.F. Wood, Contemporary Logistics, 9th Edition, Pearson, 2008
- D. Waters, Supply Chain Management, 2nd Edition, Ralgrave Macmillan, 2009
- D.J. Bowersox, D. J. Closs, M. Brixby Cooper, Supply Chain Logistics Management, 3rd Edition, Mc Graw Hill, 2010
- S. Emmett, Excellence in Warehouse Management, John Wiley & Sons Ltd, 2005
- A. Harrison and R. Van Hoek, Logistics Management and Strategy, Prentice Hall, 3rd Edition, 2008.
- K. N. Gourdin, Global Logistics Management, Blackwell, 2nd Edition, 2006
- Journal of Business Logistics, International Journal of Logistics, International Journal of Physical Distribution and Logistics Management, International Journal of Logistics Management, Lloyds List, International Transport Journal, Maritime Policy and Management, Maritime Economics and Logistics
|
| Planned learning activities and teaching methods |
The course will be delivered through lectures, discussions, and case studies. |
| Assessment methods and criteria | | Case Studies | 25% | | Midterm examination | 25% | | Final Exam | 50% |
|
| Language of instruction | English |
| Work placement(s) | NO |
