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Level 7 Diploma in Logistics and Supply Chain Management

Transport Economics and Operational Cost Structures

LSC701 · Logistics Management — Week 3 of 16

CourseLSC701
Week3 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Transport Economics and Operational Cost Structures

  1. Fixed vs variable cost dynamics across modes
  2. Volume, distance, and density economies
  3. Fleet scheduling, backhauls, and routing algorithms
  4. Fuel volatility and carbon taxation impacts on operating costs

What you will be able to do

  • 2.2 Critically analyse the underlying operations and cost of the different modes of transportation.

Activity

Seminar, guided reading and a short written task: critically analyse the underlying operations and cost of the different modes of transportation.

Study materials

Further resources

  • Introduction to Logistics, ch. 3: The Cost of Logistics · Reading · Other, textbook chapter; PDF pp. 42–50 · for registered students
  • Introduction to Logistics, ch. 4: Modes of Transportation · Reading · Other, textbook chapter; PDF pp. 51–99 · for registered students
  • Future of freight: a long-term plan (DfT, 2022) · PDF · GOV.UK, report; 134 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 2Week 4
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Strategic Logistics Management and Contemporary Challenges
  • Week 2: Transport Modes and Freight Infrastructure
  • Week 3: Transport Economics and Operational Cost Structures
  • Week 4: Modal Selection and Transport Optimization
  • Week 5: International Customs Procedures and Regulatory Compliance
  • Week 6: Tariff Structures, Duties, and Landed Cost Analysis
  • Week 7: Strategic Warehouse Network Design and Infrastructure
  • Midterm: Midterm evaluation
  • Week 9: Warehouse Mechanisation and Automated Handling Systems
  • Week 10: Inbound and Outbound Warehouse Operations
  • Week 11: Packaging Architecture and Integrated Logistics Value
  • Week 12: Applying Logistics Management in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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