Module Overview

Module Description:

Logistics can be defined as getting the right product, at the right price, to the right place, in the right quantity, in the right condition, to the right customer at the right time. The changing nature of markets and the globalization of business has sharpened the focus on the need for better logistics capabilities and supply chain management. Supply chains need to be developed which can deliver the required levels of service at minimum cost. Logistics and supply chain management deals with managing the flow of goods from a business firm's suppliers, through its facilities, and on to its customers. It is of critical importance in establishing a competitive advantage. Proper performance of the logistics functions can contribute to both lower costs and enhanced customer service. While transportation is the heart of logistics, inventory management, warehousing, order processing, materials handling, packaging, plant and warehouse location, and customer service are also important logistics activities. This module examines all aspects of logistics, including some of the techniques and strategies for planning, organizing and managing the overall logistics process including the functional areas of forecasting, inventory management and customer service.

Module Aim:

The aim of the module is to give students a good overview of the key areas of logistics and supply chain management and upon completion of the module students should have a good understanding of the basic principles of logistics and supply chain management. This module provides an overview of the importance of logistics and the supply chain process in determining the competitive success of an organization. Students will be introduced to the various components of the supply chain and their logistical requirements. The module also aims to introduce students to the range of module areas to be examined in the logistics and supply chain management specialism of the overall degree programme.