LOG510 Value Chain Analysis (Autumn 2026)
- ECTS Credits:
- 7.5
- Responsible faculty:
- Avdeling for logistikk
- Campus:
- Kristiansund
- Course Leader:
- Morten Svindland
- Teaching language:
- Norwegian
- Study level:
- {code=LN, name=Foundation courses, level I}
- Duration:
- ½ year
Table of contents
Contents
There are several explanations for why some companies perform better than others, or why some companies succeed while others fail. One of these explanations is that successful companies do an excellent job of creating unique value chains. Such firms develop and coordinate unique activities to create, deliver and capture more value than their competitors.
A high-performance value chain requires collaboration across departments, and coordination with partners outside the organization. But tearing down "silos" in a company to create a proper cross-functional way of thinking is difficult. Therefore, it is not enough to tell someone how a value chain works - you have to experience it yourself. For this purpose, we have business simulation games that allow us to experience challenges companies face, where we can make decisions and see the impact of each decision we make, not just in our own "silo", but across the business. LOG510 provides a unique opportunity to learn using a business simulation game that allows students to put complex theories into practice.
In addition to short lectures, participants in this course will engage in an innovative online business simulation game, "The Fresh Connection". Playing in teams, participants will represent the functional roles of "Vice President Purchasing", "Vice President Operations", "Vice President Supply Chain" and "Vice President Sales". The teams will be confronted with various real-world dilemmas, and cross-functional understanding and collaboration will be essential to improve performance.
The course is connected to the following study programs
- Bachelor in Logistics and Supply Chain Management
- Bachelor in Economics and Business Administration
- Individual Study Courses/Part- time studies
- Bachelor in Petroleum Logistics and Economics
- Bachelor in Marine Logistics and Economics
Reduction of Credits
This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:
| Course | Reduction of Credits |
|---|---|
| LOG510N – Value Chain Analysis (online). | 7.5 |
The student's learning outcomes after passing the exam
Knowledge:
After passing the course, the student will have knowledge about:
- Key theories that explain differences in firm performance
- Trade-offs involved in value chain management and the need for value chain adaptation
- The impact of individual functions/departments of a value chain on firm performance
- Volatility, uncertainty and complexity affecting value chains and how they could be managed
Skills:
After passing the course, the student should be able to:
- Identify problems in value chains
- Solve problems in value chains
- Coordinate with others in a value chain setting
General competence:
After passing the course, the student should have the following competencies:
- Ability to develop strategies and execute plans
- Ability to reflect on own practice and develop strategies for improvement
- Teamwork and ability to solve problems in cooperation with others