COURSE INFORMATION
Course Title: STRATEGIC LOGISTIC MANAGEMENT
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BUS 356 B 6 3 0 0 3 6
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Main Course Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Assoc.Prof.Dr. Osman Metalla ometalla@epoka.edu.al , 08:45 - 11:30
Second Course Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Study program: (the study for which this course is offered) Bachelor in Banking and Finance (3 years)
Classroom and Meeting Time: E214 from 08:45 - 11:30
Code of Ethics: Code of Ethics of EPOKA University
Regulation of EPOKA University "On Student Discipline"
Attendance Requirement:
Course Description: The objective is to give students a managerial knowledge of basic concepts and principles. These include the management of core logistics functions, cost integration, supply chain management. It also includes relationships with suppliers, customers and other firm functions such as manufacturing and finance.
Course Objectives: Understand modern concepts and applications of logistics management in supply chain and global business environment. Develop skills in analyzing and solving logistics problems and making decisions in logistics planning and scheduling. Acquire skills in utilizing quantitative and qualitative methods and software applications in managing logistics function and logistics information systems.
BASIC CONCEPTS OF THE COURSE
1 to identify how the logistics affects the economy and profitability for corparations
2 to show the central role that customer service plays in an organisation's marketing and logistics efforts
3 to understand how logistics contributes to value creation
4 to understand the issues of transportation costs and performance measurement
5 to understand new strategic challenges in logistics and supply chain management
COURSE OUTLINE
Week Topics
1 The Role of Logistics in the Economy and Organisation. Introduction to logistics, the definition of logistics. The role of Logistics in the economy, and organization. Key logistics activities and the relationship of logistics activities and logistics costs. Future challenges of logistics. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 2-48
2 Customer Service. Definition of customer service. Elements of customer service and importance for gaining strategic advantage. How to establish a CS strategy. Developing and reporting CS standards. Improving customer service performance. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 49-74
3 Export-Import Procedures, INCOTERMS. Export-import trade. Documentation framework - aligned document system. International business contracts. Uniform customs & practice for documentary credits. Foreign Exchange Regulations and Formalities. Customs clearance Export/Import of cargo. Processing an export order. Containerisation. G Rama Gopal. Export-Import Procedures documentation and logistics. pp. 12-103
4 Logistics and Supply chain management. What is channel distribution? The evolution of channels of distribution. The discrepancy of assortment and sorting. The control of its distribution channel. The manufacturer's perspective. Channel performance measurement. Potential qualitative measures. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 504-515
5 Sustainable warehousing. The environmental impact if warehouses. The roles and functions of warehouses. Warehouse’s location. Handling equipment. Assessing the impact. Social dimensions of sustainability. David B. Grant, Alexander Trautrims, Chee Yew Wong. Sustainable Logistics and supply chain. pp. 92-115
6 Sustainable purchasing and procurement. The role of procurement in the supply chain. What is sustainable procurement? Drivers and barriers to sustainable procurement. Sustainability labels and certifications. Comparing purchasing options. David B. Grant, Alexander Trautrims, Chee Yew Wong. Sustainable Logistics and supply chain. pp. 155-176
7 Reverse Logistics and recycling. Circular economy and regulations. Product recovery options. Reverse logistics. Recycling. David B. Grant, Alexander Trautrims, Chee Yew Wong. Sustainable Logistics and supply chain. pp. 179-207
8 Transportation and Global Logistics Time and place utility. Factors influencing transportations costs and pricing. Carrier characteristics and services. global issues. Carrier pricing and related issues. Logistics and traffic management. . Inbound and outbound transportation. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 215-263
9 Ports and their role in Logistics. Dry ports in concept and practice. Intramodality and seaport inland access. benefits of dry ports. Port-centric logistics in concept and practice. Contemporary business environment of ports. Port-centric logistics in practice. Container hub ports. Logistics hub in perspective. Application of logistics hubs to container ports. Dong Wook Song, Photis M Pnayides Maritime Logistics pp. 227 - 287
10 Inventory Concepts and Inventory Management. Financial aspects of inventory strategy. Inventory corporate profitability. Calculating inventory carrying costs. Improving inventory management. ABC Analyses. Forecasting. Order processing/inventory systems. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 147-180
11 Logistics Information Systems. How do customer orders enter the firms order processing function? Advanced order processing systems. EDI (electronic data Interchange). Integrating order processing and the company’s' logistics management information system. Basic need for information. Designing the information system.Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 76-110
12 Sustainable logistics and supply chain management strategy. Concepts of corporate strategy. Theoretical motivations underlying corporate and sustainable strategy. Sustainable logistics and supply chain performance measurement. Environmental management systems. Assessing sustainable choices and initiatives. David B. Grant, Alexander Trautrims, Chee Yew Wong. Sustainable Logistics and supply chain. pp. 251-276
13 Implementing Logistics Strategy. What is strategy and strategy planning? Why strategy is important to logistics. Mission statements. The hierarchy planning. Linking strategy with corporate strategy. The organizational planning process. Future challenges and critical issues in the strategic planning process. Douglas Lambert, James R. Stock, Lisa M. Ellram. Fundamentals of Logistics, pp. 547-580
14 Guest speaker
Prerequisite(s):
Textbook(s): Sustainable logistics and supply chain management 2nd edition By David Grant , Alexander Trautrims and Chee Yew Wong (2017)
Additional Literature: Fundamentals of Logistics Management; Douglas M Lambert, James R Stock, Lisa M Ellram
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Where Can Operations Reduce Business Costs and Improve Service Effectiveness? Understand the “state-of-the-art” in logistics management and its implications for all levels of organisation.
2 Learn to better manage your transportation, distribution and inventory functions Identify key elements of customer service and design the most profitable network
3 Collaborate with other managers in: supply chain and materials management, transportation and distribution, purchasing and inventory management
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Banking and Finance (3 years) Program
1 The students gain the ability to look at the problems of daily life from a broader perspective with an increased awareness of the importance of moral/ethical considerations and professional integrity in the workplace. 5
2 They develop their knowledge and understanding of banking and finance including concepts, theories, and analytical tools that serve both in national and international markets. 4
3 They gain an understanding of the role of financial management in business firms and the essentials of corporate finance and further develop their knowledge in the field. 3
4 They are able to apply valuation models to estimate the price of different financial assets, measure risk and describe the risk-return tradeoff. 3
5 They are provided with the knowledge and understanding of the regulatory framework and functioning of banking system and central banking as well as international banking system. 3
6 They are able to understand and use fundamental economic theories and tools to solve economic problems in banking and financial services industry. 3
7 They have the ability to develop and utilize accounting, financial and economic data as well as other information to solve different business problems by making use of basic mathematical and statistical models. 4
8 They are expected to develop their numerical and IT skills as well as knowledge of databases in order to address the significant development in the delivery and use of financial services known as FinTech. 4
9 They develop their ability to think critically, do research, analyze, interpret, draw independent conclusions, and communicate effectively, both individually and as part of a team. 4
10 They are provided with opportunities to acquire the necessary skills and competencies to develop professionalism in the banking and financial services industry or to move on to further study within the discipline. 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
15
Presentation
1
30
Quiz
1
15
Final Exam
1
30
Attendance
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 1 11 11
Assignments 2 11 22
Final examination 1 11 11
Other 1 10 10
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
6
CONCLUDING REMARKS BY THE COURSE LECTURER

Students must prepare a presentation presenting a case from Albanian regional or global business in logistics.