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The progress reports will be approximately 1500 to 2000 words long (each) and the
Final Report will be between 6000 and 7500 words. The group should also be prepared
to do a presentation to their mentor and selected peers, and answer questions from the
group.
SD01 – Strategic Analysis & Decision Making
Strategic analysis is concerned with understanding the strategic position of the
organisation. From a business perspective, competition refers to rivalry among firms
operating in a market to fill the same customer's needs. Competition is a basic essential
in the free enterprise system. The term competition defies true definition because the
view of competition held by different groups varies.
The central purpose of information is for planning. Management requires information
about customers, markets, competition and other environmental variables in order to
plan effectively. Information is the medium of control. Management seeks relevant
information such as sales, market share and expenses to monitor performance.
Information gathered either on an ad hoc or continuous basis can be used as a guide to
predicting future trends.
OBJECTIVES
This subject aims to apprise participants of the industry's newest
technological development in products and technology. To help
participants achieve a high degree of effectiveness within the
logistics industry by providing an understanding of this range of
relevant skills and talents to complement their experience.
SYLLABUS
Includes key topics like:
• Analysing corporate strategy concepts and decision making process
• Understanding the environments in which organisations operate
Identifying strategic implications and methods that lead to decision-making and action
taking
* Elective Modules
IT01 – International Transportation
Almost every international shipment travels on more than one mode form its origin to its
destination. Recent efforts have attempted to reduce transit times and costs by
increasing the various modes compatibility and by trying new mode communications.
Shipping air/sea has two advantages. One, the cost of the combined modes is less than
that of an all-air movement. Two, it is much faster than any of the available all-surface
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modes. Modern container ships can make Pacific crossing from Japan to Seattle in ten
days. When we combine this with the air leg from Seattle to Europe, total transit time
will range from ten to fourteen days. This is approximately one-third of the all-ocean
transit time and one-half of the land bridge time. The in-transit inventory savings will
outweigh the increased cost of the premium modes. The ability to evaluate and
effectively decide on such issues will separate the true logistician from the 'practitioner'.
OBJECTIVES
This module will prepare students to develop an understanding of shipping
documentation from the time orders are processed to the time letters of credit are sent
to the bank for negotiation until the ultimate arrival of goods.
SYLLABUS
Includes key topics like:
• Economics of shipping
• Freight earnings
• Freight rates
• Government regulations and shipping security
• Law of shipping
• Practice of shipping
• Freight transport management of vessel
• Port facilities
• Shipboard handling equipment and operations
• Insurance and damages claims
• FTZ concept and export processing zones
CD01 – Channels of Distribution
Channel decisions are among the most critical decisions facing management. The
company's chosen channels intimately affect other marketing decisions. The company's
pricing depends on whether it uses mass merchandisers or high-quality boutiques. The
firm's sales force and advertising decisions depend on how much training and motivation
the channel partner requires. In addition, the company's channel decisions involve
relatively long-term commitments to other firms. When an automobile manufacturer
signs up independent dealers sell its automobiles, the manufacturer cannot buy them
out the next day and replace them with company-owned outlets.
Thus, there is a powerful initial tendency in channel arrangements. Therefore
management must choose channels with an eye on tomorrow's likely selling
environment as well as today's. This is an important area in Supply Chain Management
as it determines the level of integration within the logistics pipeline.
OBJECTIVES
This subject aims to apprise participants of the industry's newest developments in
products and technology. To help participants achieve a high degree of effectiveness
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within the logistics industry by providing a command of a range of relevant skills and
talents to complement their experience in the field.
SYLLABUS
Includes key topics like:
• Nature and scope of retailing
• Retain methods of operation
• Consumer behaviour
• Merchandise management
• Planning and control
• Functions of wholesalers
• Wholesaling-supplies, relationships and strategies
• Physical distribution systems
• Nature & User of elements of physical distribution systems
• Organisation and planning
LT01 – Logistics Technology
The Supply Chain is a complex network of links and feedback loops, particularly in term
of its communication and information flow - shaped at each step by advances in
engineering and information technology. With producers and markets global in scope,
this presents an unprecedented challenge to engineers and computer scientists. The
sheer magnitude of product variety and volume makes complex analysis, the use of
information and logistics technology, and the strategic management of the Supply Chain
essential.
Includes use of logistics information technology systems, such as enterprise resource
planning (ERP) and advanced planning software, to support logistics decisions,
application of e-commerce in logistics/supply chain management, use of logistics
simulation software, use of currently available business application software such as
databases, spreadsheets, project management, and presentations, and other
technological areas such as WMS/SCM systems implementation, bar coding and
scanning.
OBJECTIVES
This course will provide a detailed overview of the Supply Chain and will introduce state-
of-the-art technologies, as well as to the business concepts and terminology involved in
retailing and in supply chain management, that make very large and complex supply
chains possible. Students will learn how to analyse operations, logistics, retailing,
marketing, channel management and allied issues.
SYLLABUS
Includes key topics like:
• The Bullwhip Effect
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• The Order processing cycle
• EDI/XML
• MRP/MRP II/ERP/DRP
• Design of the Logistics Information System
OM01 – Operations Management
Affording an opportunity for continuing education, this course covers pertinent topics for
executives in any industry. This module also gives the student a chance to profit form
the collective expertise and experience of peers in the industry.
OBJECTIVES
There is always a better way of doing a given task. Operations Management trains a
person to think critically and question existing methods, systems and standards with a
view of finding more efficient and cost effective methods of completing that task.
This program trains participants on the techniques of observation and questioning,
imparting the science of work measurement and method study. This aims to help
students realise the existence of various components of tasks, and thus help them to
carry out work improvement programmes. The use of systems concepts stresses
coordination, optimisation and control materials, equipment and people to the
management of all types of organisations.
SYLLABUS
Includes key topics like:
• Systems concepts
• Systems organisation
• Location analysis
• Layout analysis
• Optimisation models and methods in production
planning
• PERT
• Queuing
• Integration of operations functions with:
o Procurement
o Inventory control
o Quality control
• Work methods and measurement
WM01 – Warehouse Management
The Warehouse or Distribution Centre is as critical, if not more so, as any other
department in an organisation. Its contents alone can account for as much as 90% of
the total operating capital of the company.
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Traditionally regarded as a place of temporary convenience, incurring costs and
generating no returns, the course focuses on modern management techniques to views
this differently. Today, the store is considered the most critical cost and revenue-
generating centre with the quality of its service having a direct influence on the overall
efficiency of the organisation. It is therefore important to ensure that this department is
always functioning efficiently and effectively.
Affording an opportunity for continuing education, this module covers pertinent topics
for executives in any industry or those pursuing such careers. This course also gives you
a chance to profit from the collective and experience of industry peers.
OBJECTIVES
To help participants have a better understanding or contribute more towards the
efficiency and productivity of this crucial are by explaining its importance in respect to
the total organisation and upgrading by the technical skills of the participants.
SYLLABUS
Includes key topics like:
• Overview of store and its role within its organisation
• Six store functions
• Effective layout of stores
• Storage Systems - manual, semi-automated and automated
• Store management and control techniques
• Material audit methods
• ABC Analysis
• Inventory management
• Purchasing
TCM01 – Transportation Carrier Management
Designed for students interested in the transportation of goods and services and the
application of modern methods to solve operational problems in this area of increasing
importance in the world economy. Employment opportunities include distribution or
delivery scheduling, international freight forwarding and shipping.
OBJECTIVES
To help participants achieve a better understanding of the transport carrier control
function, the uses and application of various planning and control techniques and
upgrade the theoretical competence of participants.
SYLLABUS
Includes key topics like:
• Importance of inexpensive transportation system
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• Transportation systems
• Service choices and performance characteristics
• Single service choices
• Coordinated services
• Agencies and small shipment services
• Company controlled transportation
• International transportation
• Documentation
• Transport cost characteristics
• Rate profiles
• Line-haul rates
PI01 – Purchasing and Inventory Management
Adequate inventory is critical in ensuring the continuity of operations within any
industry. However, inventory investment can be a very expensive affair. The direct costs
of carrying inventory depress profits and ties up much needed finance. Only through
effective inventory management can we provide this support without over-committing
the organisation's funds. Purchasing & Inventory Management (PIM) is past gaining
prominence as a key area in ensuring competitiveness and is considered more and more
to be a professional area where relevant skills and expertise are important.
COURSE OBJECTIVES
• To understand fundamental concepts with regards to satisfaction of needs and wants,
the concept of exchange, utility, value, and the role that purchasing plays in these
concepts.
• To understand the roles, procedures and documents used in the purchase process, the
evolution of the purchasing department, and the purchasing profession as a whole.
• To recognise that the understanding of corporate strategy is important in determining
purchasing/inventory strategy and policy.
SCM01 – Supply Chain Management
The supply chain runs from your vendors through to your
customer's doors. There are no quick fixes, but the financial
rewards of increased sales and lower costs are there for the
taking. Implementation of supply chain management could be
key to making you a 'best-of-class' supplier.
OBJECTIVES
This subject aims to train participants in selecting and setting
up distribution sites, in production planning, scheduling,
estimating, and quantitative analysis. It also allows for a
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broad overview of what operations management is about.
It also provides a firm foundation of understanding from which to proceed with more
advanced studies.
SYLLABUS
Includes key topics like:
• Logistics capabilities
• Organisation silos
• Tailored versus standard practice
• International impact
• Vendor cooperation