Quantitative Models for Logistics and Transportation Management (Electives POM)

Paper Code: 
MBP- 521
Credits: 
4.0
Contact Hours: 
40.00
Max. Marks: 
100.00
Objective: 
  • To develop an understanding about the complex problems and issues in the field of logistics management
  • To study Quantitative models to arrive at an appropriate of action in problems related to Logistics and Transportation Management
Unit I: 
Logistics Management

Introduction, Nature and Concepts, Evolution; Supply Chain Management, Logistical Mission and Objectives; Components and Functions of Logistics Management; Integrated Logistics Management, Key Distribution-Related issues and Challenges and Strategic Logistics Management; Total Cost Analysis and Trade-off.

7.00
Unit II: 
Customer Service

Introduction, Nature, Concept and Components. Customer Service Cost, Strategic Customer Service Management and Measurement, Impediments to an effective Customer Service Strategy.

10.00
Unit III: 
Inventory Management

Introduction- Inventory, types, Functions, Elements of Inventory Costs, Inventory Management under certainty, Managing Finished goods Inventory under Uncertainty, Strategic Inventory Management Tools and Techniques.

9.00
Unit IV: 
Transportation

Functions, Elements of Transportation Cost, Modes of Transport, Multi-Model Transport, Containerization, Transport Mode choice decisions.

7.00
Unit V: 
Warehousing, Cross-docking decisions and concept of 3PL

Routing decisions, Warehousing decisions, Transportation warehousing and cross-docking decisions, Third Party logistics and issues, Managing partnerships in Logistics, Managing logistics in services

Essential Readings: 
  • Strategic Logistic Management by Stock J R and Lambert, Mc-graw Hill
  •  Designing and Managing the supply chain by  Simchi-Levi, D, Kaminsky, P, Simchi-Levi, E and Shankar, Tata Mc-graw Hill
References: 
  • Supply Chain Management: Strategy, Planning & Operation  by Sunil Chopra, Peter Meindl and Kalra, D.V, Pear
  • Supply Chain Management- Text and Cases, Janat Shah, Pearson Education