- MAD 1214
- 7.5 Credits
Logistics studies the physical and administrative processes that surround the acquisition, handling, storage and transportation of products and materials and discusses how these services are made available to the end customer.
Logistical processes often take place across the traditional internal business infrastructures and they affect both the customer and the deliverer. The way that these processes are carried out has a strong impact on both competition and profitability. As a subject, logistics is currently going through a process of development where the main focus of attention was on cost savings in parts of the value chain. Now a more holistic approach is taking place whereby savings can be made as a result of internal integration within a company as well as by cooperation between the deliverer and customer.
Logistics involves maintaining a broad overview over how an industry chain functions, whilst also maintaining an understanding of how the costs incurred by each component in the chain can lead to different consequences. For example, a strong focus on the costs incurred by storage can contribute to a rise in transportation costs and vice versa.
This course overlaps with course ELE 3715 Logistics and Marketing Channels (7.5 study points) and with course MRK 3520 Marketing Channels and Logistics (7.5 study points). It is therefore not possible to combine this course with any of these above mentioned courses towards a bachelor degree.
- Introduction to what logistics is about, what it encompasses and its development
- Delivery service and its significance to the customer
- How do we quantify delivery service?
- Prognoses and storage management
- Production management
- Purchase and delivery cooperation
- Distribution and transport place in the company and the significance of this for the value chain.
- Principles for creating effective logistic processer
- Logistics as a competitive strategy
- The meaning of logistics for the environment.
- The impact of information technology on logistics
- What do the leading logistics companies do?
- Optimalization models for transport and storage
This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.