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LOG420

Lesson 3

Global Logistics and Supply Chain Management 

Mangan, J., Lalwani, C. C., & Calatayud, A. (2020). Global Logistics and Supply Chain Management (4th ed.). Wiley Global Education US.

  • Read Chapter 2 (Globalization and International Trade): Focus on areas which over the last number of decades have been closely associated with the evolution and growth of LSCM, namely the growth of international trade and increased globalization. We will study these trends and their impact on and relationship to LSCM. We will also explore related topics such as regional differences in trade and directional imbalances: differences in freight volumes in opposite directions are a characteristic of many freight markets, how this arises and its consequences will also be discussed.
  • Read Chapter 13 (Data Flows and Digitization):  We will understand and leverage the data that flows through supply chains. A key issue to address is data visibility in the supply chain and barriers to it. We will also discuss how new technologies that are emerging in the context of the Fourth Industrial Revolution are radically increasing information sharing and visibility across the supply chain, and thus improving SCM.
  • Read Chapter 14 (Management Science Applications): Management science (MS), traditionally known as ‘operations research’ (OR), can be described as a discipline that attempts to aid managerial decision‐making by applying a scientific approach to managerial problems that involve quantitative factors. It is a highly developed field of study with many wide‐ranging applications to everyday life, especially in the area of transport and, more recently, in LSCM as well.