Logistics Management

5/5

COURSE OVERVIEW

This module delves into the principles, strategies, and practices involved in logistics management. It covers key logistics functions, including transportation, warehousing, inventory management, and distribution. Students will learn how to optimize logistics operations to reduce costs, improve efficiency, and enhance customer satisfaction. The module also explores the role of technology in modern logistics and the importance of sustainability in logistics practices.

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CURRICULUM

  • Definition and Scope of Logistics
    • What is logistics?
    • The role of logistics in supply chain management.
    • Key components of logistics: transportation, warehousing, inventory, and information flow.
  • Historical Evolution of Logistics
    • The development of logistics from military origins to modern business practices.
    • The transition from traditional to integrated logistics.
  • Importance of Logistics in Business
    • How logistics contributes to competitive advantage.
  • Modes of Transportation
    • Overview of transportation modes: road, rail, air, sea, and pipeline.
    • Advantages and disadvantages of each mode.
    • Factors influencing the choice of transportation mode.
  • Transportation Strategies
    • Carrier selection and negotiation.
    • Route planning and optimization.
    • The role of third-party logistics (3PL) providers.
  • Freight and Shipping Management
    • Understanding freight rates and shipping costs.
    • International shipping considerations: customs, tariffs, and regulations.
    • The role of Incoterms in international trade.
  • The Role of Warehousing in Logistics
    • Types of warehouses: public, private, bonded, and automated.
    • Functions of a warehouse: storage, consolidation, break-bulk, and cross-docking.
  • Warehouse Design and Layout
    • Key considerations in warehouse design: space utilization, flow, and accessibility.
    • Technology in warehousing: Warehouse Management Systems (WMS), automation, and robotics.
  • Inventory Storage Strategies
    • FIFO (First-In-First-Out) vs. LIFO (Last-In-First-Out) strategies.
    • Just-in-Time (JIT) inventory storage.
    • Inventory accuracy and cycle counting.
  • Importance of Inventory Management
    • The role of inventory in logistics and supply chain management.
    • Balancing inventory costs with service levels.
  • Inventory Control Techniques
    • Economic Order Quantity (EOQ), Reorder Point (ROP), and ABC analysis.
    • Safety stock calculation and its importance.
    • Inventory turnover and its impact on logistics efficiency.
  • Demand Forecasting
    • Techniques for accurate demand forecasting.
    • The impact of forecasting on inventory and logistics.
    • Managing demand variability and its effect on logistics operations.
  • Distribution Channels and Networks
    • Types of distribution channels: direct, indirect, multi-channel, and omnichannel.
    • Designing an effective distribution network.
    • Centralized vs. decentralized distribution systems.
  • Order Fulfillment
    • The order fulfillment process: order processing, picking, packing, and shipping.
    • The role of technology in order fulfillment (e.g., automated picking systems, RFID).
    • Strategies for improving order accuracy and speed.
  • Reverse Logistics
    • Handling returns, recalls, and recycling.
    • The challenges and opportunities in reverse logistics.
    • The impact of reverse logistics on customer satisfaction and sustainability.
  • Information Systems in Logistics
    • The role of IT in logistics management.
    • Overview of key logistics information systems: TMS (Transportation Management System), WMS (Warehouse Management System), and ERP (Enterprise Resource Planning).
  • Emerging Technologies
    • The impact of IoT (Internet of Things), AI (Artificial Intelligence), and Blockchain on logistics.
    • Autonomous vehicles and drones in logistics.
    • The future of digital logistics.
  • Data Analytics in Logistics
    • The use of big data and analytics to optimize logistics operations.
    • Predictive analytics for demand forecasting and route optimization.
    • The role of KPIs (Key Performance Indicators) in monitoring logistics performance.
  • Challenges in Global Logistics
    • Managing logistics across borders: cultural, legal, and political considerations.
    • Global transportation and distribution strategies.
    • The impact of global trade agreements and regulations on logistics.
  • International Shipping and Freight Management
    • Key considerations in international logistics: customs, duties, and tariffs.
    • Managing global supply chain risks.
    • Case studies: Successful global logistics strategies.
  • Global Sourcing and Procurement
    • The role of logistics in global sourcing.
    • Managing global supplier relationships and logistics.
    • The impact of global logistics on cost and service levels.
  • The Importance of Sustainability in Logistics
    • Environmental impact of logistics operations.
    • The triple bottom line approach: people, planet, profit.
  • Green Logistics Practices
    • Strategies for reducing carbon emissions in transportation and warehousing.
    • Sustainable packaging and waste reduction.
    • The role of renewable energy in logistics operations.
  • Regulations and Standards
    • Understanding environmental regulations affecting logistics.
    • Certifications and standards in sustainable logistics (e.g., ISO 14001).
    • Case studies: Companies leading in sustainable logistics.
  • Logistics KPIs
    • Key metrics for measuring logistics performance: delivery time, cost per unit shipped, inventory accuracy, etc.
    • Benchmarking logistics performance against industry standards.
  • Continuous Improvement in Logistics
    • The role of Lean and Six Sigma in logistics.
    • Implementing continuous improvement processes in logistics operations.
    • Case studies of logistics process improvements.
  • Logistics Audits
    • Conducting logistics audits to identify inefficiencies.
    • Ensuring compliance with logistics policies and regulations.
    • Developing action plans for logistics improvement.
Course Price: $74.00
  • Instructor : Eleanor Fant
  • Lectures :14
  • Enrolled :20 students
  • Duration :6 weeks
  • Language :English
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