The objective of this course is to provide students the fundamental principles, basic definitions, and quantitative techniques for planning, analysis, and control of logistics systems. The particular emphasis is on managing economies of scales and environmental uncertainties with the objective to improve the overall performance and reduce the total cost in logistics systems. The course will focus on three main topics: demand forecasting, inventory management and control, and transportation planning. Additionally, the course will teach students to understand concepts, benefits, and limitations in applying logistics technologies in various logistics areas.
Students will be taught what they need to know for effective project planning, organization and management. They will learn about approaches and tools required to achieve project targets with due regard for quality, time and budget. The course provides an introduction to a software package such as Microsoft Project that provides significant support for project management tasks. After completing this course students will be able to understand the importance of time schedules and a good time management.
The basic concept of this course is “Learning by Doing”. The course provides students the opportunity to learn and practice managing the complexity of global supply chains by putting them in the shoes of supply chain managers. The objective is to deliver course theory by interactive logistics games and to understand decision-making in more complex (thus more realistic) business environments.
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