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Level 7 Diploma in Logistics and Supply Chain Management

Modal Selection and Transport Optimization

LSC701 · Logistics Management — Week 4 of 16

CourseLSC701
Week4 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Modal Selection and Transport Optimization

  1. Total cost of logistics analysis
  2. Transit time vs inventory holding trade-offs
  3. Cargo criticality, perishability, and security requirements
  4. Multimodal and synchromodal freight strategies
  5. MITx MicroMasters SC1x - Live Event 1A - Total Cost Equation
  6. Supply chain network design and inventory management for cost-efficient, in-time, perfect deliveries

What you will be able to do

  • 2.1 Evaluate the advantages and disadvantages of the different modes of transportation.
  • 2.3 Discuss factors affecting the selection of specified modes/s of transport in an organisation.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: evaluate the advantages and disadvantages of the different modes of transportation.

Study materials

Videos

  • MITx MicroMasters SC1x - Live Event 1A - Total Cost Equation · YouTube · MIT Center for Transportation & Logistics · 20 min · for registered students
  • Supply chain network design and inventory management for cost-efficient, in-time, perfect deliveries · YouTube · MIT Center for Transportation & Logistics · 50 min · for registered students

Further resources

  • MIT OCW ESD.260J Logistics Systems (Fall 2006), Transportation I: fundamentals and strategic networks · PDF · MIT OpenCourseWare, slides · 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.
Course chat

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.

Open this week in the portal
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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