Logistics management is the art of moving and storing materials from one point to another on the globe. In this course for people interested in building supply chain expertise, we study various transporting modes for products through road, rail, water, and air. Students will gain an understanding of transportation models and inventory localization which are focal points in network planning strategies.

We will review the supply chain operations reference (SCOR) model with its focus on improving supply chain processes. Finally, we will discuss the increased costs of logistics resulting from the worldwide lockdown due to the COVID pandemic, and lessons learned.

Learning Outcomes

At the conclusion of the course, you should be able to

• Describe key elements of trade facilitation
• Recognize international shipping terms used in the International Commercial Terms (INCOTERMS)
• Analyze how global supply chains coordinate the flow of goods and services
• Learn methods for network planning and transportation models
• Examine the role logistics function in coordinated new product introduction
• Describe risk pooling as a methodology for mitigating uncertainties in demand and lead-time

Topics include

• History and evolution of logistics
• Modes of transportation
• Costs of transportation
• Class and commodity rates
• Transportation law and deregulation
• Internal logistics and global supply chains
• Leading technology and trends in logistics
• Network design
• Warehousing management
• Risk pooling

Note

Course SCMT.X402 Logistics and Transportation Management and BUSM.X420 Logistics and Transportation Management is the same course.