COURSE TITLE: Business Logistics
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UNIVERSITY OF NATIONAL AND WORLD ECONOMY
COURSE TITLE: BUSINESS LOGISTICS SEMESTER: SUMMER
TEACHER’S NAME: Miroslava Rakovska, Ph.D., Associate Professor
OFFICE: Department of Business Logistics at UNWE E-MAIL: [email protected]
1. ANNOTATION The course "Business Logistics" aims at acquainting the students with the place and role of logistics in the firm’s economics, the basic approaches and methods for its management, as well as with the world trends, the experience and best practices of leading firms in its application. The essence and scope of business logistics on a firm, national and international scale are profoundly explained. The elements of the logistics system are considered in detail – warehouses, inventory, transportation and information systems. The problems of strategic, tactical and operational management of the logistics activities are consecutively revealed. An emphasis is made on the characteristics of logistics issues in the different spheres and sectors of the economy. The concept of Just-in-time and the management of the logistics activities under this concept are clarified. Based on a lot of facts the world and national trends in logistics are illustrated.
2. LANGUAGE OF TEACHING ENGLISH
3. COURSE CONTENT (TOPICS) Part 1: Basics of logistics 1. Nature and evolution of the logistics concept 2. Logistics in the economy and the firm 3. Nature and evolution of the logistics concept 4. Logistics in the different spheres and sectors of the economy. Logistics sector 5. Logistics costs 6. Corporate strategy and logistics 7. Logistics characteristics of the products 8. Logistics customer service Part 2: Organization and management of logistics 9. Inventory management 10. Just-in-time as a concept and method for managing inventory 11. Transportation systems and technologies 12. Warehousing systems and technologies 13. Information systems and technologies in logistics 14. Logistics development trends
4. METHODS OF TEACHING The course is taught through lectures combined with seminars, discussions, cases, problems solving and the fulfillment of individual assignments. PPT presentations, on-line sources, students’ papers and concrete cases are used.
UNIVERSITY OF NATIONAL AND WORLD ECONOMY 5. LEARNING OUTCOMES After completing the course “Business Logistics” the students will gain knowledge that will enable them to: understand and explain the logistics concept, reveal the importance of logistics and its links with the other functional areas of firm’s management; appreciate the role of inventory, transportation, warehousing, materials handling and packaging in logistics systems; understand the concept of Just-in-time, as well as the trends in logistics development.
During the educational process the students will acquire skills as a result of which they will be able successfully to: analyze and reveal logistics problems in the firms from different spheres and sectors of the economy and evaluate alternative logistics decisions; participate competently in solving company’s problems in relation to the elements of the logistics system – inventory, warehousing, transportation and information systems; solve logistics problems regarding the integrated management of the logistical activities.
6. ASSESTMENT METHODS The assessment method is based on a complex final mark, including the results from: Semester exam – 60 % Individual written assignment – 30% Participation, attendance – 10%
The final mark is based on the six scale system. The minimal mark for the successful completion of the training is “Fair /3/”. The correspondence of the marks in relation to the European credit transfer system is as follows:
Excellent /6/ Very good /5/ Good /4/ Fair /3/ Poor /2/ A B C D E FX F 80% 75% 70% 60% No credits awarded Credits are awarded as provided for in the plan 50%
7. REFERENCES (MANDATORY AND RECOMMENDED) MANDATORY 1. Coyle, J., Langley, C. J., Novack, R. and Gibson, B. (2013) Supply Chain Management: a Logistics Perspective, South-Western College Pub. RECOMMENDED 2. Bowersox, D., Gloss, D. and Cooper, M. (2012) Supply Chain Logistics Management, McGraw- Hill/Irwin. 3. Christopher, M. (2011) Logistics and Supply Chain Management, FT Press. 4. Harrison, A. and Van Hoek, R. (2011) Logistics Management and Strategy: Competing through the Supply Chain, Prentice Hall. 5. Jonsson, P. (2008) Logistics and Supply Chain Management, McGraw-Hill. 6. Murphy Jr., P. R., Wood, D. (2010) Contemporary Logistics, Prentice Hall. 7. Rushton, A., Croucher, P. and Baker, P. (2012) The Handbook of Logistics and Distribution Management, Kogan Page.
UNIVERSITY OF NATIONAL AND WORLD ECONOMY