International Supply Chain Management
Global economic integration and global business competition require firms to design products for international markets, and rationalise their purchasing, production and distribution options accordingly. To facilitate such business activities, logistics is taking an increasing important place in the international strategies that firms pursue. The course explores the main issues in international logistics (IL) and supply chain management (SCM) to underline their strategic importance to firms. It first places IL and SCM in the context of international business. It then discusses the core concepts of IL and SCM, supply chain strategies, and international logistics operations. When introducing the operational aspects of international logistics, the course highlights the roles of inventory management, international transportation, international payment, and information systems in a firm’s international operation. The later part of the course focuses on the designing of global supply chain to counter risks, enhance efficiency, annd promote sustainability.
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Upon successful completion of the requirements for this course, students will be able to:
- define, explain and illustrate the key operational issues involved in international logistics;
- explain and illustrate the significance of logistics and supply chain management in international business;
- explain and illustrate the composition of global supply chain;
- apply this knowledge of managing logistics in international trade operations in analysis, discussion and argument;
- analyse the supply chain strategies of firms;
- examine the levels of risk, efficiency, and sustainability of a supply chain; and,
- communicate effectively in oral and written forms about international supply chain management using appropriate concepts, logic and rhetorical conventions.
International Supply Chain Management
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