LG426 Logistics Management

for S1R 2005

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LG426 Logistics Management
Moore, Les W.

Course Symbol and Number: LG426
Course Title: Logistics Management

Course Description:
This course introduces the student to the dynamics of Logistics Management in the twenty-first century. Part One (Chapters 1 through 5), provides an overview of Supply Chain Management(SCM) and some of its important related components. Part Two (Chapters 6 through 10) examines the various processes associated with logistics and Supply Chain Management (SCM). Part Two also examines the role of warehousing in logistics and the Supply Chain System. Part Three (Chapters 11 through 15) focuses on key strategic issues for logistics and supply chains. The final chapter (16) discusses cutting edge strategies that leading edge companies are using to gain competitive advantages. The chapter also examines major macro trends that will impact the future of logistics and Supply Chain Management.

Course Objective:
The student will examine the major practices of Logistics Management. The student will learn about a variety of Logistics techniques associated with
Logistics Management. The student will explore case studies applied to, real-world, companies, people, and events. Student will begin or continue to develop their own personal theory of applying Logistics Management.

Course Content:
Proven techniques drawn from Logistics Management will be taught. Students will be prepared to meet the challenges associated with applying Logistics Management. The instructor’s educational philosophy will be taught based on lectures, readings, dialogues and examinations.

Term Course Being Taught: Spring 1, 2004
Name of Faculty Member: Mr. Les W. Moore
Title of Faculty Member Adjunct Faculty Member
Faculty Office Location: Scott AFB Ed Ctr
Faculty Office Telephone No. 314-705-2748
Faculty Park Email Address Lmoore@Park.edu
Other Faculty E-mail Address: Lester.w.moore@Boeing.com
Dates of Terms Jan 10, 2004 to March 6, 2004
Class Sessions Days: Tuesdays and Thursdays
Class Sessions Time: 1700 to 1930
Credit Hours: 3 hours

The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Park University will be a renowned international leader in providing innovative educational opportunities for leaders within the global society.

Faculty’s Educational Philosophy: The instructor’s educational philosophy is one of interactiveness based on lectures, readings, quizzes, dialogues, examinations, internet, and videos. The instructor will engage each learner in what is referred to as disputatious learning to encourage the lively exploration of ideas, issues, and contradictions.

Course Textbook(s)
The Management of Business Logistics, “A Supply Chain Perspective.” 7th Edition, Coyle, Bardi, & Langley

Supplemental Resources:
Various subject oriented journals and books

Academic Honesty: “Academic Honesty is required of all members of a learning community. Hence, Park University will not tolerate cheating or plagiarism on tests, examinations, papers or any other course assignments. Students who engage in such dishonesty may be given failing grades or expelled from Park University.”

Plagiarism: Plagiarism-the appropriation or imitation of language or ideas of another person and representing them as one’s original work-sometimes occurs through carelessness or ignorance. Students who are uncertain about proper documentation of sources should consult their instructors.”

Attendance Policy: Instructors are required to keep attendance records and report absences. The instructor may excuse absences for cogent reasons, but missed through unexcused absences must also be made up with the term of enrollment, but unexcused absences may carry further penalties. In the event of two consecutive weeks of unexcused absences in a term of enrollment, the student will be administratively withdrawn, resulting in a grade of “F”. An Incomplete will not be issued to a student who has unexcused or excessive absences recorded for a course. Students receiving Military Tuition Assistance (TA) or Veterans Administration (VA) educational benefits must not exceed three unexcused absences in the term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student. Reports of “F” grades (attendance or academic) resulting from excessive absence for students receiving financial assistance from agencies not mentioned above will be reported to the appropriate agency.

Late Submission Of Course Materials: There will be no make-up tests. However, In the event of active duty members that are required to deploy, a copy of military orders should be given to Scott AFB Resident Center.

Disability Guidelines: Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University’s policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities Act of 1990, regarding students with disabilities and, to the extent of any inconsistency between these guidelines and federal and/or state law, the provisions of the law apply. Additional information concerning Park University’s policies and procedures related to disability can be found on the Park University web page: www.park.edu/disability.

Course Topics/Date/Assignments:
Week Date Topics/Assignments”
1 01/11/2005Supply Chain Management (SCM) Chp. 1
01/13/2005 Dimensions of Logistic Chp. 2

2 01/18/2005 Demand Management/Customer Service Chp. 3
01/20/2005 Procurement & Supply Management Chp. 4

3 01/25/2005 Global Logistic Chp. 5
01/27/2005 Managing Inv Flow in The Supply Chain Chp. 6

4 02/01/2005 Inventory Decision Making Chp. 7
02/03/2005 WarehousingDecisions Chp. 8

5 02/08/2005 The Transportation Decision Chp. 9
02/10/2005 Transportation Management Chp.10

6 02/15/2005 Logistics Relationship & 3rd Party LG Chp.11
02/17/2005 Logistics & Supply Chain Info Sys Chp. 12

7 02/22/2005 Supply Chain Performance Measurement Chp. 13
02/24/2005 Supply Chain Finance Chp. 14

8 03/02/2005 Logistics & Supply Chain Challenges Chp. 15
Overview for Final Exam Chp. 16
03/03/2005 (Final/Oral Presentation)

Course Requirements: % of grade
Term Paper to follow APA guidelines (8 to 10 pages) 33.3%
Examination Mid-Term 33.3% Final 33.3% 66.7%
Class Participation
Class Presentation Week 8 10 to 15 minutes

The mid-term and final exam will be inclusive of the topics in the chapters listed in the class schedule. The examination will be multiple choice, true and false, and short essay type questions. Grades will be determined in the following manner.
§ A 90 to 100
§ B 80 to 89
§ C 70 to 79
§ D 60 to 69
§ F Below 60

Students Learning Objectives/Outcomes:

Chapter 1: Supply Chain Management (SCM).
Analyze the benefits that can accrue from implementing effective supply chain practices.
Discuss the major change drivers in our economy and in the global marketplace.
Discuss the major challenges and issues facing organizations developing and implementing supply chain strategies.

Chapter 2: Dimensions of Logistics.
Discuss the impact of logistics on the economy and how effective logistics management contributes to the vitality of the economy.
Explain logistics systems from several perspectives.

Chapter 3: Demand Management & Customer Service.
Know the types of forecasts that may be needed, and explain how collaboration among trading partners will help the overall forecasting and demand management process.
Identify the steps in the order-fulfillment process, and explain how effective order management can create value for a firm and its customers.

Chapter 4: Procurement & Supply Management.
Know the different types of inbound systems.
Explain the risk/value technique for determining purchased item importance.

Chapter 5: Global Logistics.
Define a global company.
Describe the major similarities and differences between domestic and global logistics.
Discuss the reasons for the increase in global business activities.
Describe the critical changes affecting global logistics
Explain the effect of the changing legal and political environment in Europe, Asia, North America, and South America.

Chapter 6. Managing Inventory Flows in The Supply Chain.
Know the major types of inventory-related costs and explain their relationships to inventory decisions.
Explain the major reasons for carrying inventory.

Chapter 7: Inventory Decisions.
Know how inventory will vary as the number of stocking point decreases or increases.
Define MRP, JIT and DRP approach to managing inventory.

Chapter 8: Warehousing Decisions.
Discuss the major principles of warehouse layout design
Discuss the strategic value-adding role warehousing plays in a logistics system.
Compare the use of private verses public warehousing.

Chapter 9: The Transportation System.
Compare the advantages and disadvantages of using common, regulated, contract, exempt, and private carriers.

Chapter 10: Transportation System.
Distinguish among the transportation documents: Bill of Lading, freight bill, and freight claim.
Compare the domestic terms of sale with international Incoterms.

Chapter 11: Logistics Relationship & 3rd Party Logistics.
Define what is meant by 3rd party (3PL) and know what types of firm provide 3PL providers are used.

Chapter 12: Logistics & Supply Chain Information Systems.
Explain the overall importance of information systems to logistics and supply chain management.

Chapter 13: Supply Chain Performance Measurement.
Discuss cost and service performance measurement and qualification.

Chapter 14: Network Design & Facility Location.
Identify factors that may suggest a need to redesign a logistics network.

Chapter 15: Supply Chain Finance.
Analyze the financial impact of supply chain service failures.

Chapter 16: Logistics & Supply Chain Challenges for The Future.
Trace the stages in the evolution of strategic planning and its application to logistics and supply chain management.
Be able to explain the relevance and importance of several types of logistics and supply chain strategies.
Identify and explain a number of macro trends that will impact the future of logistics and supply chain management.

This syllabus can be changed at the discretion of the instructor.