Knowledge

The student...

has knowledge about central logistic topics
has knowledge about the company`s goals and the logistic means to improve the financial results and the logistical place in a company¿s organization
has knowledge about different methods to calculate optimal order quantity, order cost and holding cost as well as optimal choice between different means of transportation.
Has knowledge to organize national and international supplychains.
Has knowledge about different Commercial Terms regarding transport (INCOTERMS)
Has the ability to identify items/bottlenecks which is the driver regarding a company`s holding cost.
Has basic knowledge about environmental challenges connected to a company`s logistical operations.

Skills

The student...

can explain central logistical terms and utilize different tools to perform an analysis of logistical challenges connected to optimal order quantity as well as level of inventory
can ask critical questions regarding central logistic terms and their application to the logistic system.
can distribute costs connected to ordering, receival, storing and dispatching of items from/to warehouse
can be able to present the general limitations connected to different types of calculation
can explain the theory behind organisation and operation of a supply chain.
can perform a simple calculation to identify optimal inventory level and combination of stock keeping units (SKU)
can identify cost/income drivers and solve different optimalization challenges
can develop models in spreadsheets to solve different logistical problems

General knowledge

The student....

can utilize his knowledge in analysis of logistical problems as well as participate in discussions regarding possible logistical solution. The student shall be able to segregate between relevant and irrelevant information.
can resent written reports connected to analysis of logistical challenges in an informative way as well as a presentation of the suggested solution

Subject description 6078

Logistics