Facts about the course
- ECTS Credits:
- 7.5
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Artur Krzysztof Swierczek
- Lecture Semester:
- Spring
- Teaching language:
- English
- Duration:
- ½ year
SCM705 Cost Management in SCM (Spring 2024)
About the course
Cost management is one of the most paramount issues in supply chains and its substantial decrease is one of the major goals of SCM. In this course we will study the tradeoffs between the concept of total logistics cost and customer service level, try to identify the logistics cost in supply chains, calculate different types of logistics cost, and attempt to use the information on costs in supply chain management. The students will also conduct a project to estimate the environmental readiness to apply the concept of SCM in different regions of the world.
The course is connected to the following study programs
Recommended requirements
Same as the requirements for the MSc Logistics program.
The student's learning outcomes after completing the course
Knowledge
The successful candidate should by the end of the course:
Know the essence of costs in SCM
Know how to use identify the costs in SC
Know how to use the cost information in SCM
Skills
The successful candidate should by the end of the course:
Be able to recognize the costs in SC
Be able to estimate the costs in SC
Be able to execute the cost-related methods in decision-making process in SC
General competence
The successful candidate should by the end of the course:
Be familiar with the methods and techniques used for identification and estimation of costs in practice of SCM
Be aware of the potential value-added processes determining the supply chain performance
Forms of teaching and learning
Theoretical lectures and practical exercises
Coursework requirements - conditions for taking the exam
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Mandatory coursework: Assignment(s)
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Courseworks given: 3
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Courseworks required: 3
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Presence: Not required
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Comment:
Examination
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Form of assessment: School assessment
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Proportion: 100%
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Duration: 4 hours
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Grouping: Individual
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Grading scale: Letter (A - F)
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Support material: Calculator. General dictionary in mother tongue/Norwegian/English in paper version