This week’s topics
Core Elements of Logistics Operations
- Inventory management systems
- Warehousing and storage
- Transportation modes and routing
- Packaging and unitisation
- Inventory Management in Operations Management
- Lec 16- Inventory Planning and control
- What is EOQ vs EPQ + ABC Analysis, Vendor Managed Inventory, and JIT
What you will be able to do
- 1.2 Explain the major elements of logistics.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the major elements of logistics.
Study materials
Videos
- Inventory Management in Operations Management · YouTube · Dr. Haywood · 10 min · for registered students
- What is EOQ vs EPQ + ABC Analysis, Vendor Managed Inventory, and JIT · YouTube · Dr. Haywood · 15 min · for registered students
- Just-in-Time (JIT) | Supply Chain Management | From A Business Professor · YouTube · Business School 101 · 12 min · for registered students
- Inventory Control (part 1) The EOQ Formula- ACCA Management Accounting (MA) · YouTube · OpenTuition · 24 min · for registered students
- Inventory Control (part 3) - Economic Batch Quantity - ACCA Management Accounting (MA) · YouTube · OpenTuition · 15 min · for registered students
- Inventory Control (part 2) Quantity Discounts - ACCA Management Accounting (MA) · YouTube · OpenTuition · 12 min · for registered students
Further resources
- Introduction to Logistics, ch. 4: Modes of Transportation · Reading · Other, textbook chapter; PDF pp. 51–99 · for registered students
- Introduction to Logistics, ch. 5: Warehousing · Reading · Other, textbook chapter; PDF pp. 100–126 · for registered students
- Operations Management (Fanshawe), ch. 13: Inventory Management · Reading · Other, textbook chapter; PDF pp. 565–600 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
