Study Guide

Objective

After completing the course, the student should be able to understand and describe the value chain and its importance for the company's efficiency, and understand the role of logistics as a competitive advantage - the value of good logistical systems.

In addition, the student should be able to:
-Evaluate their own work and that of others
-Critically study and give feedback to report works
-Crictically evaluate different technical methods
-Account for and discuss opinions
-Argument and reason around technical questions

Content

Basics of Logistics
Logistics Costs.
Supply Chain Management & the Bullwhip Effect.
Information and Communication Technology.
Localization Problems, Routing Problems.
Inventory Control and Forecasting.

Location and time

Time: See course calendar (in Peppi) for course schedule
Place: Novia-Vasa-Engineering or online (Moodle)

Materials

See Moodle
We do not actually use a textbook, instead we use resources from here and from there - but if you learn the best by reading a proper book from A to Z, I recommend:
* Krajewski, Lee J.; Malhotra, Manoj K.; Ritzman, Larry P. (2019). Operations Management: Processes and Supply Chains. Pearson. Twelfth edition. ISBN 978-1-292-25993-2
* Murphy, Paul Regis; Knemeyer, Michael A. (2015). Contemporary Logistics. Pearson. 11th ed. ISBN 978-1-292-00484-6
* Yossi Sheffi; Edgar Blanco (2018).Balancing Green: When to Embrace Sustainability in a Business (and When Not To) (The MIT Press).ISBN: 9780262037723

Teaching methods

Project-based learning, lectures (classroom and online), exercises, feedback-sessions and self-studies.

Exam schedules

The final grade is assessed by:
1. Performing project works (individual or group)
2.Participating in feedback sessions (with discussion) or self-development activities
3. Learning diary

Student workload

The student is expected to reach the European goals of 25-30 hours of work per credits obtained.

Content scheduling

Topics-
1 - Land Freight
2 - Sea and Air Freight
3 - Route Optimization Problems
4 -Warehousing
5 - Supply Chain Management
6 - Supply Chain Bullwhip Effect
7 - The Future of Logistics
5 - Conclusion

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Knows the importance of logistics and warehousing in the manufacturing process.
On request, can analyze an existing storage plan, route selection, or location selection
Knows the connection between inventory, profitability and tied capital
Knows some of the area's central concepts in a foreign language
Can participate in a discussion about logistics and inventory management

Assessment criteria, good (3)

Can make a plan for how logistics and inventory management are to be implemented
Can independently analyze and improve a premade plan
Understand how the distribution and storage processes affect profitability and cash flow
Can understand texts in a foreign language that deal with the current theme
Can hold a presentation about logistics and inventory management

Assessment criteria, excellent (5)

Can argue for and against different strategies and models for logistics and inventory management
Can evaluate and propose improvements for a plan
Can propose improvements in logistics that can affect the company's profitability and cash flow
Can learn from literature in a foreign language about logistics and warehousing
Describe and explain the role and impact of logistics and inventory management to third parties

Assessment methods and criteria

The overall course is assessed by a combination of the following:
1. project works (individual or group)
2. Feedback sessions (with discussion) or self-development activities
3. Learning diary

Assessment criteria, fail (0)

Insufficient knowledge and/or course effort to achieve a grade of 1

Assessment criteria, satisfactory (1-2)

Knows the importance of logistics and warehousing in the manufacturing process.
On request, can analyze an existing storage plan, route selection, or location selection
Knows the connection between inventory, profitability and tied capital
Knows some of the area's central concepts in a foreign language
Can participate in a discussion about logistics and inventory management

Assessment criteria, good (3-4)

Can make a plan for how logistics and inventory management are to be implemented
Can independently analyze and improve a premade plan
Understand how the distribution and storage processes affect profitability and cash flow
Can understand texts in a foreign language that deal with the current theme
Can hold a presentation about logistics and inventory management
Excellent (5)

Assessment criteria, excellent (5)

Can argue for and against different strategies and models for logistics and inventory management
Can evaluate and propose improvements for a plan
Can propose improvements in logistics that can affect the company's profitability and cash flow
Can learn from literature in a foreign language about logistics and warehousing
Describe and explain the role and impact of logistics and inventory management to third parties

Qualifications

-

Further information

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