Rationale

This course provides a study of International Logistics and more specifically the processes and logistical arrangements of the exchange of goods and services between partners within the global trade. It introduces different theoretical frameworks and methodologies for the understanding and monitoring of logistical strategies which shape global trade and consequently impact economic growth and development. In addition, the students will have the opportunity to receive in-depth understanding of the various types of logistics companies and their processes in moving goods around the world, as well as, the innovations, trends and risks that make international logistics both more efficient and complex. The course also focuses on the increasing importance of international transport and the changing nature of the industry to meet supply chain needs and understand current logistics in emerging markets and developing countries. Emphasis will be also placed on the ethical and environmental factors that are critical for the development of sustainable global supply chains and logistics.

Learning Outcomes

At the end of the course students will be expected to:
(i)    Define the importance of International Logistics in the global supply chain management context.
(ii)   Explain theories and techniques applied to the study of logistics.
(iii)  List the different key worldwide logistics companies and their key processes.
(iv)  Discuss innovations, trends and challenges that currently take place in the International Logistics industry.
(v)   Assess the consequences of recent economic developments and the impact of other crises on cross-border logistics.
(vi)  Identify the reasons behind production outsourcing to remote locations and their benefits in terms of manufacturing, consumption and the local population.
(vii) Describe the ways multinational enterprises deal with risks caused by the relocation of production to developing countries and they make decisions regarding sourcing and production plans.
(viii) Discuss the ethical and environmental complexities that influence global supply chains.
(ix)  Evaluate international logistical processes and the value of intermediaries.
(x)   Propose further actions to facilitate beneficial changes to the logistics infrastructure of emerging markets.
(xi)  Use of project management software to develop sustainable global supply chains and logistics.