ity University of Hong Kong Information on a ourse offered by Department of Management Sciences with effect from Semester in 2014/2015 Part I ourse Title: Fundamentals of usiness Logistics Management ourse ode: MS3121 ourse Duration: One Semester No. of redit Units: 3 Level: 3 Medium of Instruction: English Prerequisites: Nil Precursors: Nil Exclusive ourses: MS3122 Logistics and Supply hain nalysis Equivalent ourses: Nil Part II 1. ourse ims: I. provide students with a basic understanding of business logistics and supply hain management; II. expose students to the best practices and key trends and challenges of reallife logistics and supply chain operations. III. equip students with the fundamental approaches and tools to support practical logistics and supply chain decision-making; 2. ourse Intended Learning Outcomes (ILOs) No. ILOs Weighting 1. nalyze the basic factors and trade-off in key logistic and supply chain functions, including demand management, facilities, inventory, sourcing, transportation, information, etc. DErelated dimension 40% bility
2. Exploit management issues, key challenges and best practices in real-life supply chain operations and evaluate alternative solutions (bility) 3. pply analytical tools to analyze and support practical logistics and supply chain decisionmaking problems (bility) 30% bility 30% bility 3. Teaching and learning ctivities (TLs) Indicative of likely activities and tasks students will undertake to learn in this course. Final details will be provided to students in their first week of attendance in this course. 1) Lectures: Lectures are used to introduce concepts and analytical techniques. In class discussion is an integral part of lecture to encourage active learning and peer-peer interaction. 2) Videos: Videos are shown to highlight real-life business scenarios. Followup discussions provide students with the opportunity to discuss and evaluate the key opportunities, challenges and alternative solutions in today s logistics and supply chain management. 3) Group project/presentation: Students work in groups to research the reallife supply chain management practices of local and global firms and to discuss possible opportunities for improvement. 4) Peer Learning: Students work both individually and in groups to participate in various activities (e.g., group discussions, in-class exercises). onstructive lignment of ILOs and TLs TL 1 TL 2 TL 3 TL 4 ILO 1 ILO 2 ILO 3 Hours/week (if applicable) 4. ssessment Tasks/ctivities (These are indicative of likely tasks designed to assess how well the students achieve the ILOs. Final details will be provided to students in their first week of attendance in this course.) ILO No. Types of ssessment Tasks (Ts) 1, 2, 3 T1. Group Project/ Presentation ssessment Details Students deliver in-class presentations based on their research into the real-life local and global firms. nalyze the current practices of supply chain management and exploit opportunity for improvement. 1, 2, 3 T2. ssignments/ These are used to gauge Weighting (if applicable) 15%
Quizzes/In-class discussion participation/other activities 1, 2, 3 T3. Written Examination (2 hours) students understanding of the basic concepts and tools and their ability to analyze complex reallife situations Written exam 15% 70% onstructive lignment of ILOs and ssessment Tasks T 1 T 2 T 3 ILO 1 ILO 2 ILO 3 5. Grading of Student chievement: T1: Group Project/ Presentation - Point Strong evidence of knowing how to apply the key concepts by using the taught models and + - Evidence of knowing how to apply the key concepts by using the taught models and + dequate: Some evidence of knowing how to apply the key concepts by using the taught models and D 1.0 Marginal: Sufficient familiarity with the subject matter to enable the student to progress without repeating the assessment. Low participation and engagement in the assigned activities and fair presentation skills. F 0.0 Failure: Little or no evidence of familiarity with the subject matter. T2: ssignments/ Quiz/In-class participation - Point Strong evidence of showing familiarity with key concepts and definitions. learly and correctly states most critical points and makes important contributions to the assigned questions or problems. ritically discusses issues and demonstrates awareness of most relevant implications to apply to daily life examples of service experiences. High participation and excellent presentation skills.
+ - Evidence of showing familiarity with key concepts and definitions. learly and correctly states some critical points and makes contributions to the assigned questions or problems. ritically discusses issues and demonstrates awareness of some relevant implications to apply to daily life examples of service experiences. High participation and good presentation skills. + dequate: Evidence of showing adequate review of literature and key concepts. Understanding of the subject, ability to develop solutions to simple and basic problems in the assigned questions and problems. D 1.0 Marginal: States a few critical points and marginal contributions of the assigned questions and problems. F 0.0 Failure: Little or no evidence of contributions for the discussion of assigned questions and problems. T3: Written Examination - Point Strong evidence of original thinking; good organization, capacity to analyse and synthesize; superior grasp of subject matter; evidence of extensive knowledge base. + - Evidence of grasp of subject, some evidence of critical capacity and analytic ability; reasonable understanding of issues; evidence of familiarity with literature. + dequate: Student who is profiting from the university experience; understanding of the subject; ability to develop solutions to simple problems in the material. D 1.0 Marginal: Sufficient familiarity with the subject matter to enable the student to progress without repeating the course. F 0.0 Failure: Little evidence of familiarity with the subject matter; weakness in critical and analytic skills; limited or irrelevant use of literature. I Incomplete grade of incomplete may be granted (1) where there are extenuating circumstances that have prevented a student from completing required work, or attending the examination; (2) at the discretion of the ssessment Panel. Where an "I" grade is assigned, the ssessment Panel will approve a schedule for the completion of work, or a supplementary examination. n "I" grade will be converted into a "F" grade four weeks after the "I" grade is first reported to the cademic Regulations and Records Office, unless an alternative grade has been assigned. Part III Keyword Syllabus: 1. Introduction to usiness Logistics and Supply hain Management
Definition of logistics and supply chain management. Real-life examples of supply chains and the primary flows and key decision drivers. 2. Demand management asic quantitative models for demand forecasting. ommon approaches for demand management. Practical examples of revenue management. 3. Inventory Decisions Types of inventories. Primary reasons for holding inventory objectives. Inventoryrelated costs. asic analytical models for optimal inventory decision. 4. Network Design and Facility Location Decisions Process of facility location and network design. Key factors in warehousing and transportation decisions. Trade-off between private vs. Public warehouses and centralized vs. Decentralized warehouses. 5. Transportation Role of transportation in supply chain management. Major modes of transportation and their characteristics. Real-life examples of different transportation carriers and their competitive strategies. 6. Supply hain Globalization The opportunities and challenges of supply chain globalization. Recommended Reading: Text(s): oyle J J, ardi E J and Langley J, The Management of usiness Logistics, 7/e, West Publishing ompany, 2003 hopra, Sunil and Peer Meindl, Supply hain Management, 5/e, Prentice Hall, 2012 Simchi-Levi, David, Philip Kaminsky and Edith Simchi-Levi, Designing & Managing the Supply hain, 3/e, McGraw-Hill, 2007 Electronic Logistics News and Resources Supply hain Digest: www.scdigest.com/ Global Supply hain ouncil http://www.supplychains.com/ Logistics World: http://www.logisticsworld.com/