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Unit of study_
ITLS5000: Foundations of Supply Chain Management
Logistics and supply chain management functions can account for as much as half of the total costs of running a business. The success of the logistic and supply chain management not only impacts on the profitability of a firm but also has a significant and growing impact on customer experience and satisfaction. Logistics and supply chain management plays a major role in implementing organisational strategy and in many industries has sole responsibility for managing customer service. An understanding of the role of this activity within an organisation and how improving logistics and supply chains can assist business managers to better respond to market opportunities is essential for business students. Students undertaking this unit are given a solid grounding in the language, concepts, techniques and principles that underlie the field of logistics and supply chain management, and how knowledge of these concepts contributes towards a strategically effective and operationally efficient organisation or network of organisations.
| Code | ITLS5000 |
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| Academic unit | Transport and Logistics Studies |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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None |
| Prohibitions:
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TPTM6155 or TPTM5001 |
At the completion of this unit, you should be able to:
- LO1. evaluate supply chain management concepts at the strategic, tactical, and operational levels and explore their impact, individually and collectively, on business performance
- LO2. analyse the strategic, tactical, and operational challenges faced by business in the design and long-term planning of complex supply chains
- LO3. apply a range of qualitative and quantitative techniques for effective supply chain performance analysis and decision making
- LO4. articulate ideas and opinions on supply chain management principles and practices in a clear and concise manner
- LO5. synthesise a variety of ideas and opinions on a real-world business problem into an optimal supply chain solutions
- LO6. identify and evaluate emerging corporate and social responsibility initiatives and their impact on supply chain strategies.
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