Logistics and transportation are critical components of supply chain management. Approximately ten percent of U.S. GDP is spent in logistics and transportation. The importance of logistics and transportation to the global economy will increase as firms work to become more sustainable and as the access to capital becomes more difficult. To address these and other issues, the core courses in the discipline emphasis four areas that are critical to their understanding and development as scholars.
- Transportation Management
Properly managing transportation is a critical and often ignored component of the supply chain. In excess of 55 percent of logistics spending is in this area. Students learn the basics of the mode, modal choice, and transportation quality, as well as current topics such as increased regulation and sustainability.
Inventory management is the process of efficiently and effectively managing the flow of goods in the supply chain. This process involves managing inventory to ensure that levels are neither too high nor too low. Competent inventory management controls the costs associated with the inventory, both from the perspective of the total value to the supply chain.
- Warehouse/Distribution Center Management
The modern distribution center (DC) is more concerned with movement than storage and plays a critical role in allocating, sorting, and accumulating goods in the supply chain. Studying this area teaches the basics of facility location and facility design.
- Logistics/Supply Chain Service to Cost Tradeoffs
No decision comes without considering alternatives. Students should be able to explain the consequences of real decisions that impact the supply chain including, but not limited to, cost, quality, customer service, globalization, outsourcing, and sustainability.
For these reasons Logistics and Intermodal Transportation faculty members have chosen the following Student Learning Objectives.
Outcome 1: Transportation Management
Logistics majors will be able to evaluate both domestic and international transportation problems and effectively develop and present actionable solutions.
Outcome 2: Inventory Management
Logistics majors will be able to apply inventory models and techniques to create and recommend appropriate stocking solutions in various business settings.
Outcome 3: Warehouse/Distribution Center Management
Logistics majors will evaluate and recommend warehouse and DC strategies, tactics, and systems to ensure companies efficiently and effectively manage their distribution processes at the regional, national, and international levels.
Outcome 4: Logistics/Supply Chain Service to Cost Tradeoffs
Logistics majors will be able to identify and assess tradeoffs between the three key areas of transportation, inventory, and warehouse/DC management and recommend actionable plans and strategies.
Each doctoral student completing his or her third year of study will be able to develop publishable academic research within Logistics and Supply Chain Management domains.
Last updated: 10/13/2016