Course Overview
This course introduces the student to the fundamentals of supply chain management and the interface between the end consumer and the flow of inventory through the supply chain. The materials are broken into two main sections, one dealing with inventory and one dealing with the logistics of the flow of materials from warehouses to consumers. Core inventory management concepts include reasons for having inventory, inventory management principles, selecting order quantities, timing of orders to minimize costs while optimizing customer service, practical tools to control inventory stock levels, and physical inventory management and control techniques. Core logistics concepts include diagraming the supply chain from end consumer upstream through to the warehouse and distribution level, the processes required to fulfill customer orders, the flow of physical products in the supply chain, product packaging and loading to protect inventory during transport, the impact of international logistics to the BC economy, the standard documents required in the international supply chain.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
5.5
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
Inventory Related Course Outcomes:
- Identify inventory fundamentals and assess their impact on financial statements.
- Apply appropriate techniques to analyze inventory performance.
- Select appropriate inventory order quantities.
- Determine inventory reorder points, service levels and safety stocks.
- Analyze physical inventory storage methods.
- Apply inventory accuracy controls and audit processes.
Logistics Related Course Outcomes:
- Describe the Supply Chain Concept and its impact on local and global economies.
- Evaluate customer order fulfillment methodologies and their impact on customer service levels.
- Analyze the flow of Distribution Inventory and its effect on the Supply Chain.
- Assess supply chain costs and their relationship to inventory stock levels.
- Evaluate the role of product packaging in the supply chain and on the environment.
- Assess how inventory should be transported.
- Describe additional considerations necessary for International Logistics.
Effective as of Winter 2017
Related Programs
Supply Chain Management - Demand (OPMT 2350) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Business + Media
- Operations & Management Engineering
Diploma Full-time
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