Supply Chains are made up of a network of companies from the initial raw materials to the ultimate consumer of the finished product. Within this network of companies, there are three ongoing flows: products, information, and finances. To properly understand and manage the supply chain, you need to understand all the flows. If you do not consider all of the flows, you will miss opportunities or sub-optimize parts of the supply chain.
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The fourth of five courses in this specialization will focus on Logistics Excellence. You will learn how the outbound flow of products, information, and finances into the company facilitates the supply chain. It will consist of four modules, which will cover the following topics: core logistics elements; logistics information systems; logistics finance; and finally the capstone case study.
You will have lectures, readings, and discussions with your peers for each topic, as well as a practice quiz in each lesson. At the end of each module, you can put your knowledge to the test and take a graded quiz. The Capstone Analysis module contains a real-life case analysis, as well as a supply chain management project that will enable you to be an expert on a company of your choosing.
This course is part of the Supply Chain Excellence Specialization.
Syllabus
Module 1: Core Logistics Elements
Logistics is the movement and storage of goods from the point of origin to the customer. You will learn about the different options that firms can use to move their products to their destinations. Most companies have to balance different delivery options for different situations and you will learn how to make those decisions. The module is made up of the following lessons: 1. Balancing Delivery Options, 2. Designing a Logistics Network, 3. Managing Logistics Relationships, and lastly, 4. the Core Logistics Elements Quiz
Module 2: Logistics Information Systems
In this module, we will cover information flow related to logistics. Specifically, we will focus on warehouse management systems and transportation management systems as the key pieces to delivering products to customers.
Module 3: Logistics Finance
In this module, we will cover the flow of funds coming into the company from the customer. What are one company's payables is another's receivables. We are looking at the perspective of the customer now. Specifically, we will cover customer financing and look at the other side of DPO extension.
Module 4: Logistics Excellence Analysis
Now that we have reached the end of this course, it is time to put all of your new knowledge to the test. Not only will you be able to analyze the logistics network of a company but you will also analyze a real-life business case and suggest improvements.
