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The [course_title] course covers everything related to the Logistic system including the common logistic analysis tools and software, approaches, and techniques for designing and operating logistics systems and integrated supply chains.

Logistics Systems is one of the part of supply chain management that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption to meet customer’s requirements. The knowledge of logistics system and supply chain management is a huge plus point for your career in the business organisation. Business logistics is the amalgamation of three main activities: order processing, inventory management, and freight transportation. The course explains all these essential things and teaches you the software and tools for analysing logistics system. You will know where and how specific tools can be used to improve the overall performance of the business. You will also learn what steps you should take for reducing the total cost of a supply chain.

In short, the course illustrated both intra and inter-company logistics operations.

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

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Course Credit: MIT

Course Curriculum

Module 01
Supply chain fundamentals and segmentation analysis 00:45:00
Demand forecasting I: Time series analysis 00:30:00
Demand forecasting II: Causal analysis 00:30:00
Demand forecasting III: New product forecasting 00:45:00
Demand forecasting IV: Connections to planning and management 01:00:00
Inventory management I: Level demand, EOQ, sensitivity 00:45:00
Inventory management II: EOQ extensions, discounts, exchange curves, etc. 00:40:00
Inventory management III: Time-varying demand 00:45:00
Inventory management IV: Probabilistic demand, safety stock 00:45:00
Inventory management V: Backorder costs, implied costs, extensions, A and C items 00:15:00
Problem solving session: Probabilistic demand 00:20:00
Inventory management VI: Special products fashion, style, and perishable goods (PDF) 00:45:00
Module 02
Inventory management VII: MRP and DRP systems 00:40:00
Inventory management VIII: Inventory management and optimization in practice 00:45:00
Supply chain network design 00:45:00
Supply chain contracts 01:00:00
Auctions in supply chain management 00:45:00
Transportation I: Fundamental concepts, strategic networks, connection to inventory planning 01:00:00
Transportation II: Operational network analysis 00:45:00
Transportation IV: Shipper perspective -strategies and approaches for design and management 00:45:00
Transportation VI: Carrier operations and yield management 00:45:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

Course Reviews

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