Logistics

This course examines the role of logistics in the supply chain within a focal firm as well as between organisations linked within a given supply network. Topics cover issues such as introduction to the basic terms of logistics, distribution and transportation alternatives, the connection between logistics and marketing, the estimation of value and costs in logistics, sourcing and supply management, supply chain planning and control strategies and logistics future challenges and opportunities. This course also surveys operations research models and techniques developed for a variety of problems arising in logistical planning of production systems. Students will get a clear idea of the expanding role of logistics in business today. The will also be familiar with the principles and processes of logistics as a strategic choice in supply chain management.

Objectives

Upon successful completion of this course the student will be able to: • Understand the structure of supply chains and the different ways through which supply chains can become competitive in the market • Explain how to use the levers of the logistics strategy to redefine the points necessary to make this harmonization • Προσδιορίζει τη σημασία του όρου ‘δημιουργία αξίας’ και το πώς μπορεί το μάνατζμεντ του κόστους των logistics να ενισχύσει τη δημιουργία αξίας • Define the importance of the term 'value creation' and how can the management cost of logistics enhance value creation • Distinguish the forces shaping international logistics • Explain how the balancing of international logistics organization is affected through analysis of issues of risk and sustainability • Produce and combine the options available for managing inventory and orders per case • Develop the process of organizing and conducting the proceedings relating to the transport and distribution.

Prerequisites

Specialization Course

Syllabus

Introduction and overview of the course contents Logistics and the Supply Chain Material flow and information flow Competitive advantage through logistics Logistics strategy The marketing perspective Market segmentation and demand profiling Quality of customer service Setting priorities for logistics strategy Where does the value in the context of logistics come from How can logistics costs be represented Activity Based Costing (ABC) Supply chain operations reference model (SCOR) Drivers and logistics implications of internationalization on The tendency towards internationalization The challenges of international logistics and installation location Organising for international logistics Reverse logistics Managing for risk readiness Corporate social responsibility in the supply chain Analysis of the transportation and products distribution system The transport system: organization, institutional framework, liberalization of the transport market and impact on logistics processes Transport and transportation mean selection criteria Distribution and transportation systems standards Methods for solving transportation and distribution problems Methods for solving production scheduling and resource allocation problems Supply chain planning and control Coordination in supply chains Future challenges and opportunities in Logistics Supply management and Logistics Rationalising and segmenting the supply base Procurement technologies