Paper has been designed such that it acquaints the students with the key features of International Logistics and Supply Chain Management and familiarizes the students with the components of logistics management.
International Logistics and Supply chain management: meaning and objectives, importance in global economy, Supply chain relationship to business performance, Key tasks of logistics and supply chain managers, Role of Government in controlling international trade and its impact on Logistics and supply chain.
Global Supply chain strategy, Structuring supply chain capabilities, Planning Global Supply Chain: Planning the global supply chain, Network design for global supply chain management, Risk management in the global context, Benchmarking the supply chain, Performance measurement and evaluation in global supply chains.
Importance of Coordination in Supply Chain, Bullwhip Effect, Obstacles to Coordination, Strategies to achieve coordination, Role and Importance of IT in Supply Chain Management
Strategic importance of transport in global logistics, types, characteristics and salient features, intermodal transportation in international operations, factors influencing mode and carrier selection decision, warehousing, Inventory Flow and Modeling; Inventory models, safety stock determination for service level, and lead time
Intermediaries and Alliances in Global Logistics, Meaning of 3 PL and 4 PL service providers, role in Global logistics, types of services, considerations for hiring 3PL and 4 PL service providers. Concept and need of outsourcing, determinants for outsourcing decisions, role of outsourcing in global supply chain management