Topics 8
Introduction to Global Logistics
An overview of the concept of global logistics, its importance in international trade, key...
Modes of Transportation in Global Logistics
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Global Supply Chain Management
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International Trade Regulations and Compliance
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Warehousing and Inventory Management in Global Logistics
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Global Logistics Network Design
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Risk Management in Global Logistics
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Sustainable Practices in Global Logistics
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Unit Outline 40h
Learning Objectives
5 objectives- Understand the fundamental concepts and importance of global logistics in international trade.
- Analyze different modes of transportation and their influence on global logistics decisions.
- Examine the complexities and components of global supply chain management.
- Interpret international trade regulations and compliance requirements impacting logistics.
- Evaluate strategies for risk management and sustainable practices within global logistics operations.
Content Outline
PreviewUnit 1043: Global Logistics and Supply Chain Management
1. Introduction to Global Logistics
- Definition and scope of global logistics
- Importance in international trade and economic development
- Key players: manufacturers, suppliers, logistics providers, carriers, customs authorities
- Impact of globalization on supply chains
- Increased complexity
- Expanded geographic reach
- Technological advancements
2. Modes of Transportation in Global Logistics
- Overview of transportation modes:
- Air transport
- Sea transport
- Road transport
- Rail transport
- Advantages and disadvantages of each mode
- Speed, cost, capacity, reliability, environmental impact
- Factors influencing mode choice
- Nature of goods
- Distance and geography
- Cost considerations
- Time sensitivity
- Infrastructure availability
3. Global Supply Chain Management
- Components of global supply chains
- Sourcing and procurement
- Production and manufacturing
- Distribution and delivery
- Integration of information systems
- Enterprise Resource Planning (ERP)
- Warehouse Management Systems (WMS)
- Transportation Management Systems (TMS)
- Coordination and collaboration among global partners
- Challenges in managing global supply chains
- Cultural differences
- Currency fluctuations
- Lead times and delays
4. International Trade Regulations and Compliance
- Regulatory environment overview
- Customs regulations and procedures
- Trade agreements and their impact (e.g., WTO, NAFTA, EU trade policies)
- Tariffs, duties, and taxes
- Compliance requirements
- Documentation
- Import/export controls
- Sanctions and embargoes
- Role of compliance in risk mitigation
5. Warehousing and Inventory Management in Global Logistics
- Role and functions of warehouses
- Types of warehousing (e.g., bonded, distribution centers, cross-docking)
- Inventory management techniques
- Just-In-Time (JIT)
- Economic Order Quantity (EOQ)
- Safety stock and reorder points
- Warehouse operations and storage systems
- Layout planning
- Material handling equipment
- Technology in warehousing
- Automation and robotics
- Barcode and RFID systems
6. Global Logistics Network Design
- Principles of network design
- Network optimization techniques
- Location analysis and site selection
- Facility layout planning
- Strategies to improve efficiency and reduce costs
- Consolidation centers
- Hub-and-spoke models
- Outsourcing and third-party logistics (3PL)
7. Risk Management in Global Logistics
- Types of risks in global logistics
- Supply chain disruptions
- Natural disasters
- Geopolitical risks
- Security threats and theft
- Risk identification and assessment methods
- Risk mitigation strategies
- Diversification of suppliers
- Contingency planning
- Insurance and security measures
- Business continuity and resilience planning
8. Sustainable Practices in Global Logistics
- Importance of sustainability in logistics
- Green logistics initiatives
- Carbon footprint reduction
- Use of alternative energy sources (e.g., electric vehicles, biofuels)
- Waste management and recycling
- Environmental regulations and standards
- Corporate social responsibility and environmental stewardship
- Case studies of sustainable logistics practices
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