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Logistics is the part of supply chain management and considered as one of the vital parts of any organisations. The course focuses on the models and techniques that are developed from a variety of problems arises in logistical planning of multi-echelon systems.

Throughout the course, you will learn how to plan for the production, inventory or distribution strategies in general multi-echelon multi-item systems.

The course also teaches about the vehicle routing problems, dynamic lot sizing inventory models, stochastic and deterministic multi-echelon inventory systems, the bullwhip effect, pricing models, and integration problems arising in supply chain management.

After completing the course, you will gain a clear perception of the logistics and supply-chain management system.

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.

Having an Official Edukite Certification is a great way to celebrate and share your success. You can:

  • Add the certificate to your CV or resume and brighten up your career
  • Show it to prove your success

 

 

Course Credit: MIT

Course Curriculum

Introduction to Supply Chain Management 00:30:00
Inventory and EOQ Models 00:30:00
Issues in Supply Chain Strategy 01:00:00
Logistics and Distribution Systems: Dynamic Economic Lot Sizing Model 01:00:00
Introduction to Stochastic Inventory Models and Supply Contracts 02:00:00
Newsboy Model with Pricing 00:20:00
Analysis of Inventory Models with Limited Demand Information 00:40:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

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