ECTS - Warehousing and Inventory Management
Warehousing and Inventory Management (LOG306) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Warehousing and Inventory Management | LOG306 | 3 | 0 | 0 | 3 | 7 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | N/A |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | Aim is to give students the nature, importance and role of warehousing and inventory management in the logistics system and international supply chain. Warehousing provides time and place utility for raw materials, industrial goods, and finished products, allowing firms to use customer service as a dynamic value-adding competitive tool. Also the main purpose of inventory is simply to meet customer demand. Therefore to give student the basic warehousing and inventory decisions, operations issues and reasons for holding inventory. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Materials handling, packaging, bar-coding, cross docking, inventory control system, ABC classification, economic order quantity models. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | The Principles, Nature and Importance of Warehousing, The Role of the Warehouse in the Logistics System | Part 4 (15): Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker |
| 2 | Objectives of Materials Handling | Part 4 (16): Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker |
| 3 | The Role of Packaging, Bar Coding | Part 4 (21): Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker |
| 4 | Functions of Warehousing and Cross Docking | Part 4 (19): Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker |
| 5 | Strategic Warehousing | Part 4: Logistics & Distribution Management, by Alan Rushton, Part 2: Warehousing in The Global Supply Chain, by Riccardo Manzini |
| 6 | Global Warehousing Strategies International Logistics in Warehousing vs. Warehousing in International Logistics | Part 4: Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker Part 2: Warehousing in The Global Supply Chain, by Riccardo Manzini |
| 7 | Midterm exam | Midterm exam |
| 8 | Warehousing & Distribution Warehouse Activities | Part 1: Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker Part 1: Warehousing in The Global Supply Chain, by Riccardo Manzini |
| 9 | Types of Inventory, Inventory Control System and Reasons for Holding Inventory | Chapter 1: Essentials of Inventory Management, by Max Muller |
| 10 | Inventory Positions and Cost in the Supply Chain | Chapter 2: Essentials of Inventory Management, by Max Muller |
| 11 | Objective of Inventory Management | Chapter 5: Essentials of Inventory Management, by Max Muller |
| 12 | Aggregate Planning And Inventory Management | Chapter 6: Essentials of Inventory Management, by Max Muller |
| 13 | ABC Classification | Chapter 6: Essentials of Inventory Management, by Max Muller |
| 14 | Inventory Related Costs and Inventory Models | Chapter 6: Essentials of Inventory Management, by Max Muller |
| 15 | Economic Order Quantity Models and Pareto Analysis | Chapter 5: Essentials of Inventory Management, by Max Muller |
| 16 | Final Exam | Final Exam |
Sources
| Course Book | 1. Logistics & Distribution Management, by Alan Rushton, Phil Croucher, Peter Baker, Kogan Page Limited, 2006 |
|---|---|
| 2. Warehousing in The Global Supply Chain, Riccardo Manzini, Springer, 2011 | |
| 3. Essentials of Inventory Management, Max Muller, 2nd Edition, AMACOM, 2011 |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | - | - |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | 1 | 15 |
| Presentation | 1 | 20 |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 25 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 4 | 100 |
| Percentage of Semester Work | 60 |
|---|---|
| Percentage of Final Work | 40 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | The ability to have and use theoretical and practical information in international trade and logistics | X | ||||
| 2 | The ability to define problems, as well as to collect, evaluate, analyze, and interpret data, and to devise solutions, making use of the information, skills, and competencies in the field | X | ||||
| 3 | The ability to perform numerical analyses and research through accessing different resources of information in the field | X | ||||
| 4 | The ability to take part in intra- and interdisciplinary, or multi-cultural working groups, as well as work individually | X | ||||
| 5 | The ability to communicate verbally and in writing in English, and to make use of at least 1 foreign language | X | ||||
| 6 | The ability to act responsibly, and with the awareness in the issues of environmental sensitivity, sustainability, transparency, social responsibility, and ethical values | X | ||||
| 7 | The ability to read, understand, and interpret the relevant legislation in the field of international trade and logistics, and to see the global, and social effects of practices | X | ||||
| 8 | The ability to question and interpret the acquired interdisciplinary pieces of information within the framework of the current economic, social, and environmental conjuncture | X | ||||
| 9 | The ability to stay up to date regarding the local, regional, and global changes in the international trade and logistics, and the supply chain sector; and relevant through improvements on professional competencies and backgrounds, and to devise quick and effective solutions to possible problems through an innovative approach | X | ||||
| 10 | The ability to track national and international regulations in international trade and logistics, to learn logistic procedures and risk management, to use current instruments of technology and informatics, to analyze and improve processes, to devise new ideas and suggestions, to manage activities for change, and to report and document these processes | |||||
| 11 | - | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | |||
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | |||
| Presentation/Seminar Prepration | 1 | 6 | 6 |
| Project | |||
| Report | |||
| Homework Assignments | 1 | 4 | 4 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 35 | 35 |
| Prepration of Final Exams/Final Jury | 1 | 45 | 45 |
| Total Workload | 90 | ||