Logistics

Course Number
BUSN-0223

The interconnections between procurement, operations and transportation is explored in this course. Participants discuss how to balance the pressures for large order sizes to achieve low unit costs with the competing pressures to keep order sizes low to minimize warehouse space and inventory obsolescence. The options of few centralized warehouses versus multiple distributed warehouses are addressed. Among the topics covered are forecasting, uncertainty, safety stocks and customer service requirements. Computer systems, such as DRP, WMS and TMS are also be presented.