1 Transport Economics VAK-07-B37-4-15-05 1. Skills to be acquired The course provides the students with the required skills and competences requited for managing the international logistics activities of the firm. On completion of this subject the students will be able to understand and implement the basic concepts in transportation and logistics economics and management. 2. Educational methods Lectures on theoretical concepts, and exercises. It is expected that students participate and have prepared the literature for each course session. Preparation for group assignments involves reading the material. Exercises and quizzes will also be done in class. 3. Mandatory literature The literature for this course refers to: • Mangan, J.; Lalwani, C. L. (2016): Global Logistics and Supply Chain Management (GLSCM), Wiley. 4. Evaluation 1-hour closed book written exam. The written exam will contain a set of questions that the students need to resolve within a period of 60 minutes. 5. Schedule DATE DURATION ROOM 15.10.19 10:00 – 12:00 WiWi1 A1100 22.10.19 10:00 – 14:00 WiWi1 A1100 05.11.19 10:00 – 14:00 WiWi1 A1100 19.11.19 10:00 – 16:00 WiWi1 A1100 03.12.19 10:00 – 14:00 WiWi1 A1100 17.12.19 10:00 – 16:00 WiWi1 A1100 28.01.20 12:00 – 14:00 WiWi1 A1100 Faculty 07 Business Studies & Economics Prof. Dr. Aseem Kinra Chair of Global Supply Chain Management https://www.uni- bremen.de/gscm/ BIBA Hochschulring 20, 28359 Bremen Sekretariat: Martina Titze sekkinra@uni- bremen.de 2 Nr DESCRIPTION INDICATIVE CONCEPTS LITERATURE REFERENCE 1 Introduction to Transport Economics and the course • The origins of Logistics and Supply Chain Management and relation to Transport Economics • Definitions and distinctions of key concepts Transportation Logistics Supply Chain Management GLSCM Chapter 1 2 Globalization and International Trade • International trade and Globalization • Global freight movements • The global transport chain MNC FDI Globalization Freight Global transport chains GLSCM Chapter 2 3 Transport in Supply Chains • Key transport modes • Key transportation terms • Main transportation operations • Value of transportation • Transportation Infrastructure appraisal Road, Rail, Air, Water Factory gate pricing Transportation model Cost-Benefit Analysis GLSCM Chapter 5 4 Transport Security • The need for transport security • Security threats in transport • Contemporary transport security initiatives • Security technology Terrorism Pilfrage Piracy ISPS, C-TPAT, CSI, AEO, ISO 28000 CCTV GLSCM Chapter 6 5 Logistics Service Providers • The concept of Generalised costs • Various types of logistics companies • International transportation and carrier responsibilities • The role of logistics service providers • Most pertinent concepts employed in logistics systems LSPs NVOCCs INCOTERMS Hub & Spoke GLSCM Chapter 7 6 Inventory Management • The significance of inventory in logistics & SCM • Inventory management costs • Inventory control and strategies Inventory turnover EOQ ROP Safety stock JIT Inventory GLSCM Chapter 9 7 Warehousing & Materials Handling • The role of warehousing in global supply chains • The transportation-warehousing link • Warehousing layout and design • Warehousing operations Cross-docking ‘U’ Flow, ‘L’ Flow, Straight Flow LIFO, FIFO Pallets GLSCM Chapter 10 3 8 Information Flows and Technology • The role of information in global supply chains • Information technologies for logistics and transportation Standards Bar Codes RFID WMS Blockchain GLSCM Chapter 11/12 9 Logistics and Financial Management • Accounting and financial information for transportation and logistics companies • Currency risks in international transportation • Taxation implications for international transport • Transport and logistics costs and information Cash flow Transfer pricing Transportation costs Logistics costs Lifecycle costing ABC BSC GLSCM Chapter 9/12 10 Measuring and Managing Logistics Performance • Performance measurement and management • Key performance indicators • Benchmarking logistics performance Tacographs KPIs OTD Total Landed Costs FTE SCOR GLSCM Chapter 12 11 Sustainable Logistics and Supply Chain Systems • Sustainability in the context of transportation and logistics • Negative externalities • Key concepts in sustainable transportation systems Environmental impacts Triple Bottom Line Carbon footprints CO2 emissions Food miles Green Supply Chains GLSCM Chapter 14 12 Reverse Logistics • The role of transportation and logistics and the reverse supply chain • Different recovery options • Reverse logistics systems WEEE Reuse, Remanufacturing, Recycling ISO14001 GLSCM Chapter 15 13 Wrap up and application • “What’s in it for me?” - salient features of the course, key learning points, managerial implications GLSCM All chapters FINAL EXAM
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