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Learn the ins and outs of logistics: a critical component of supply chain management.
Logistics play a critical role in a company's success. In this course, professor Steven Brown explains the role (and importance) of logistics, from factory to customer and supplier to factory. He also covers some key decisions, processes, and strategies: Do you make products or buy them? What kind of transportation do you use? Where are your warehouses? How do you manage inventory? And what information system do you use?
These lessons will help you understand the importance of logistics and help your company prepare for efficient delivery, distribution, and inventory. Plus, get insights on the latest logistics trends.
Overview
Syllabus
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Introduction
- Welcome
- Understanding order fulfillment
- Managing the order
- Why logistics is important
- Defining logistics
- Understanding outbound logistics
- Understanding inbound logistics
- The growing importance of reverse logistics
- Make or buy?
- Selecting among transportation choices
- Storing your products
- Distributing your products
- Managing information flows
- Controlling inventory
- Integrating logistics into the supply chain
- Explaining the bullwhip effect
- Impacting company performance
- Obstacles to coordination
- Managing returns
- Shifting to regional supply chains
- Managing customer requirements
- Differentiating your company
- Next steps