Upon successful completion of this course, the student will be able to understand the role of the logistics process in national and multi-national businesses and government activity; understand the characteristics of logistics elements and their interrelationships within the supply chain; develop analytic and problem solving skills necessary to develop and analyze solutions for a variety of logistical problems; and to learn to recognize areas in which logistics process can be improved to gain competitive advantage in the marketplace.
- To describe the increasing significance of Logistics and it's impact on both costs and service in Business and Commerce.
- To incorporate and learn the critical elements of Logistics and Supply-Chain management processes based on the most relevant application in forward - thinking companies.
- To develop criteria and standards to achieve improved business performance by integrating and optimizing the total logistics and supply-chain process.
- To describe the ways to shift the business culture from functional work to overall process-driven results.
- To explain the rationale for statistical process control in minimizing or eliminating non-value-added elements of the overall logistics process such as the cost of excess inventory driven by inaccurate forecasting.
- To summarize the value of focusing on Information Business Logistics Systems which drives improved accuracy and decision-making at all levels of management.
- To incorporate a meaningful focus on the Rate of Change occurring in Business today in general,.....and more specifically, in Business Logistics.
- To work through end-of chapter exercises and "real world" Case Studies which reflect the challenges faced on-the-job, while learning new thinking and logistical approaches for improved business results.
- To enable the Student to apply this knowledge on the job in a skillful and pragmatic manner based on the core teachings of Professors Coyle, Langley and Bardi who are pre-eminent in the field of Business Logistics.
Major topics covered in the course are the logistics system, supply chain management, inbound logistics, outbound logistics, customer service, inventory management, warehousing, materials handling, order processing, packaging, optimization, and the role of Transportation in Logistics.