| Course Description: |
Global economic integration and global business competition require firms to design products for international markets, and rationalise their purchasing, production and distribution options accordingly. To facilitate such business activities, logistics is taking an increasing important place in the international strategies that firms pursue. The course explores the main issues in international logistics (IL) and supply chain management (SCM) to underline their strategic importance to firms. It first places IL and SCM in the context of international business. It then discusses the core concepts of IL and SCM, supply chain strategies, and international logistics operations. When introducing the operational aspects of international logistics, the course highlights the roles of inventory management, international transportation, international payment, and information systems in a firm's international operation. The later part of the course focuses on the designing of global supply chain to counter risks, enhance efficiency, promote sustainability. |
| Learning Outcomes: |
By the end of the course students should be able to: - understand the significance of logistics and supply chain management in international business;
- understand the composition of global supply chain;
- analyse the supply chain strategies of firms;
- understand the key operational issues involved in international logistics;
- have the knowledge of managing logistics in international trade operations;
- examine the levels of risk, efficiency, and sustainability of a supply chain;
- communicate their understanding in a clear and concise way through exam, assignments, and seminar participation.
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