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Unit of Study

Foundations of Supply Chain Management
UoS Code ITLS5000
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites None
Prohibitions TPTM6155 or TPTM5001
Assumed Knowledge
Additional Information This is the foundation unit for all logistics and supply chain management programs and should be completed in the first period of study. Students demonstrating extensive practical experience in the logistics industry may apply to substitute an alternative unit of study; students should send their resume with a covering email outlining their experience to:
Lectures 8 x 3.5 hr lectures, 5 x 3.5 hr tutorials, 1 x 3.5hr field study
Assessment Individual report (35%), group report (15%), quiz (10%), group presentation (10%), exam (30%)
Description Managing an organisation\\\'s logistics and supply chain management was for many years a neglected management activity. As a result of an article in Fortune in 1962 written by Peter Drucker, businesses became aware that 50 percent of each dollar consumers spent on goods financed activities that occur after the goods leave the factory, thus focusing attention on the potential efficiency savings that managing these activities could achieve. In the 50 years that has passed, business has seen massive changes; a complete management discipline has been built resulting in the integration and coordination of materials flows into, through, and out of, manufacturing facilities achieving exceptionally high levels of productivity. Logistics and supply chain management now 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 an understanding of logistics and supply chains can assist business managers to better respond to market opportunities is essential for business students. Students undertaking this unit will be 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 can contribute towards a strategically effective and operationally efficient organisation or network of organisations.