Foundations of Supply Chain Management (ITLS5000)
UNIT OF STUDY
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.
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Further unit of study information
12 x 3.5 hour lectures, 6 x 3 hour workshops. Refer to timetable for full details.
Individual report (35%), group report (15%), quiz (10%), group presentation (10%), exam (30%)
Pienaar WJ and Vogt JJ (2009) Business logistics management: A supply chain perspective
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