BUSINESS MARKETING & LOGISTICS 4380 ADVANCED LOGISTICS MANAGEMENT First Term AU 2015 Martha Cooper CLASS MEETS Monday &Wednesday 3:55PM - 5:15PM 209 Schoenbaum Hall (4651) COMMUNICATIONS Campus Phone: Home Phone: Mobile Phone: Campus Office: Campus Mailboxes: Email: Office Hours: Carmen: (614) 292-5761 (740) 335-4376 Long distance call from Columbus (614) 975-0102 Not a long distance call from Columbus 355 Fisher Hall 500 Fisher Hall - Marketing & Logistics Office or Lower level (S) cooper.7@osu.edu and cooperm@wwdb.org EMAIL BOTH!!! Monday & Wednesday 2:30-3:30 PM and by appointment or walk-in as available Check for latest syllabus, lecture slides, assignments, grades, news about the course, jobs, scholarships, and events. Welcome to ML 4380. You will find the Carmen Content area very helpful including the latest revised syllabus and all lecture slides. This way you can print the slides you want instead of paying for a full set of reprints. It is your responsibility to regularly check Carmen for changes. All lecture slides for any given class will be posted on average the day before. If you don’t see them, email or call the instructor. PREREQUISITES: ML 3380 (not taken concurrently), BUSMHR 2292 Namplates: It is important that I learn to match names and faces. I need your help. Some of our classrooms have provisions for 3 inch by 9 3/4 inch engraved nameplates. These can be obtained inexpensively at some bookstores. Because they are easy to lose, the most cost-effective way is to print your own on heavy card stock. The Carmen website includes a downloadable MSWord template that prints two 3 inch by 9 3/4 inch "nameplates" on any laser or ink-jet printer. Use the heaviest card stock your printer will handle. Note: I will expect you to use a nameplate every day we meet, especially exam days and speaker days. OFFICE HOURS Office visits can be used to talk about the course, job searches, resumes, or whatever else helps your studies or career planning. REQUIRED TEXT [Same text as ML 3380] Contemporary Logistics Management, 11th Edition, Murphy and Knemeyer, (Prentice Hall, 2015); ISBN13: 978-0-13-295346-7 or ISBN-10: 0-13-295346-3, Retail $103.99-$256.40 and many options in between (OSU Bookstore; www.ohiostate.bkstore.com); Retail $202.42 or rent $45.66 hard cover, Kindle $125.00 or rent $93.80 at Amazon (www.amazon.com). Other on line options are available, e.g., Textbooks.osu.edu. COURSE DESCRIPTION “Management of logistics activities of the firm from the viewpoint of both the provider and user of logistics system components." "This is a course in logistics management, a term which means a total system approach to the management of all of the activities involved in physically moving raw materials, finished goods, and in-process inventory from point of origin to point of use or consumption. Effective logistics management can improve a firm’s marketing effort by establishing consistent and dependable customer service levels. In mature markets, customer service represents the most efficient and effective method for a firm to gain a sustainable competitive advantage. Also, logistics costs can exceed 25% of the cost of doing business (or about 50% of marketing costs) and the assets employed by logistics can represent as much as 50% of a company’s total assets. Consequently, better management of logistics activities offers significant potential for improving corporate profitability and return on assets." - Douglas M. Lambert This course is a good deal more than just an introduction to logistics. It pulls together pieces of your earlier courses and what you know about mathematics, physics, chemistry, history, economics, accounting, finance, marketing, engineering, computers, and business law all under the umbrella of Business Logistics. This course is about thinking of the firm as both market and logistics driven. It is about the management of trade-offs. – Steven Robeano This course is intended as a complement to ML 3380, Introduction to Logistics. There may be some overlap and topics may not be covered in the same order as ML 3380. In general, ML 4380 will go more deeply into topics than ML 3380 to prepare future logisticians for follow-on courses, internships, and careers. 2 TEACHING METHOD The teaching method will be a combination of lecture, class discussions on assigned topics, guest speakers, some analysis/problems, and possibly additional readings. Areas covered include: a refresher on the role of logistics in the economy and organizations, customer service, logistics information systems, transportation, methods to control logistics performance, supply chain management, postponement and speculations, forming partnerships, and implementing logistics strategy. I am going to ask you to think like a manager. Initially, most of you will find it difficult to get your arms around so many varied business issues at the same time. We will utilize parts of the text. We will challenge each other’s thinking and we will all learn. COURSE OBJECTIVES The objectives of this course are to provide the student with: An understanding of the role of logistics in national and multinational business and government activity. An understanding of some of the individual components of logistics and their interrelationships within individual companies and within the supply chain. An understanding of analytical tools and techniques useful in solving logistics problems. The analytical and problem-solving skills necessary to develop solutions for a variety of logistics problems. Knowledge about the professional opportunities in the field of logistics management. DISABILITIES If you feel that you need an accommodation based on the impact of a disability, please contact me privately to discuss your needs. Also, contact the Office for Disability Services (ODS) at (614) 292-3307 or visit them at 150 Pomerene Hall. ODS will coordinate all accommodations for students with documented disabilities. RECORDING Audio, video, or still photograph recording of lectures on any media, permanent or temporary, is not permitted without permission. The only exceptions will be those authorized in writing by the Office for Disability Services (see above). The presence, or even suggestion, of recording in a classroom discourages openness and spontaneity in students, guest speakers, and the instructor. 3 TESTS & GRADING Components Points Midterm 100 Final Exam 100 Inventory problems 2 Customer Profitability 2 Resume 1 Total Final Grade Scale 93.0 – 100% ……….. A 90.0 – 92.9…………. A87.0 – 89.9…………. B+ 83.0 – 86.9…………. B 80.0 – 82.9…………. B77.0 – 79.9.………… C+ 73.0 – 76.9…………. C 70.0 – 72.9…………. C67.0 – 69.9…………. D+ 60.0 – 66.9…………..D Below 60.0…………E % of Total 45% 44% 5% 5% _1%__ 100% Extra Credit: TLA Attending TLA meetings 1/4% each Consult the TLA website at: www.osutla.com Note: I don’t get the attendance sheets until the end of the term. Read from reading/video list & discuss what you learned with me for 15 minutes. See book list for how much to read. 1/4 - 1/2% each Guest Speakers/Tours (Attend all, deduction for non-attendance) +/-1/4% each 1% (max) Possible Reductions: not displaying large print name plates, spelling/grammar on cases. RETENTION OF TESTS Materials submitted by students to satisfy course requirements will be graded and returned at the earliest possible date. Failure of students to claim or otherwise make arrangements for return of their exams or papers in a reasonable time will be interpreted as abandonment and the exams or papers will be destroyed in accordance with university rules. This includes final exams. If you want your final exam back, please provide me with a self addressed, stamped 4.25 inch X 9.50 inch #10 envelope. ATTENDANCE Normally, attendance is not taken. Experience shows that this course has a strong correlation between attendance and grades. People who miss class generally do not do as well as those who attend class. Attendance will be taken: During the first two weeks or until the class roster stabilizes. On days that we have scheduled guests. 4 ACADEMIC MISCONDUCT As defined in Faculty Rule 3335-23-04(A), academic misconduct is “any activity that tends to compromise the academic integrity of the university, or subvert the educational process”. Academic misconduct involves the giving or receiving of assistance during an examination, handing in written assignments that are in fact not the product of your own work, or failing to acknowledge the source of material incorporated into written assignments. You will be given written or verbal instructions from time to time in regards to exams, etc. These instructions are to help simplify the process of deciding what is and what is not misconduct. They do not replace the process of deciding what misconduct is and what it is not. The ultimate responsibility for what you do or do not do rests with you. Academic misconduct (cheating) in any form will not be tolerated. I have served on the Committee on Academic Misconduct. EXAMS All examinations will be closed book/closed notes, with no electronic items used. This includes language translation. Examinations will be a combination of short answer, setting up computations, and vocabulary definitions. Vocabulary words are found at the beginning of the chapters. Focus on questions at the ends of chapters and ends of lectures. The rule of 2-3-5 applies to short answers. This concept will be more fully explained in the Exam Emphasis instructions. Material presented in the book, lectures, guest lectures, and assignments may be included. Bring pencils and/or pens to all examinations. No calculators, cell phones, or PDAs may be used. No food or drink in the room. The examinations will cover only material since the previous examination. You may request review of the grade that you receive on any assignment or exam. Any review request presented more than one week from the date that the assignment is returned may not be considered. Also note that the review policy works both ways; that is, you may gain OR lose points. Be sure of yourself. The whole exam or assignment will be subject to review. 5 4380 ASSIGNMENT SCHEDULE DATE TOPIC ASSIGNMENTS W Aug 26 Introduction L01 Fill out cards, pick partners Guest Speaker: Dick Dowd trustaff Senior Account Executive Jobs and Resumes M Aug 31 Overview of Logistics Postponement and Speculation L02, Chapter 1 Due: Resume W Sep 2 Inventory Concepts Inventory SS calculations L03 Chapter 8 Notes M Sep 7 Labor Day – no class W Sep 9 Inventory SS calculations L03 cont’d, Chapter 8 Inventory Centralization L04, Chapter 7 Demand Management/Forecasting Order Management, Customer Service Bull Whip and CPFR Both the same day: 9/9 Fisher Fall Fair Ohio Union 11:30-4:30 PM 9/9 TLA Job Fair The Blackwell 7-9 PM M Sep 14 Supplier Scorecards Logistics Outsourcing L05, Chapter 6 W Sep 16 Supply Chain Management 3PLs, Partnerships, and Integrating the supply chain L06, Chapter 5 (on next exam) DUE: Inventory problems M Sep 21 The Strategic Logistics Plan The Strategic Profit Model L07, Ch 1 & 3 (on next exam) T Sep 22 Review Session 6:30-8:00 pm Scott Lab N048 W Sep 23 Midterm I (Relevant parts of Chapters 1, 6, 7, 8, vocabulary, inventory problems, questions at ends of chapters and lectures. No guest presentation. No SC/SCM/Partnerships or strategic logistics plan/strategic profit model, i.e., last two lectures/readings.) 6 DATE TOPIC ASSIGNMENTS M Sep 28 No Class CSCMP Work on Strategic Profit Model W Sep 30 Technology and Logistics L08, Chapter 2 Guest speaker: Ben Pack (OSU MBA) CFO and General Manager Portable Solutions Group M Oct 5 Transportation L09, Chapter 13 Guest speaker: Tom Kimball (OSU TLA) VP of Business Development - Consumer DHL/Exel Logistics Global Logistics DUE: The Strategic Profit Model W Oct 7 Performance Measurement Selling the Value of Logistics L10, Chapter 3 M Oct 12 Review Session in class W Oct 14 Final Exam (Ch 2, 3, 5, 13, vocabulary, guest lectures since last exam, questions at ends of chapters and lectures, strategic profit model and EVA) Regular class time, location, and duration Thanks for being in the class. 7 Industry reading materials and websites of general interest (not required) Source Type Website Bureau of Transportation Statistics Governmental Agency www.bts.gov U.S. Department of Transportation Governmental Agency www.dot.gov American Society of Transportation and Logistics (AST&L) APICS The Association for Operations Management Council of Supply Chain Management Professionals (CSCMP) Institute of Supply Management Professional Organization www.astl.org Professional Organization http://www.apics.org/default.htm Professional Organization http://www.cscmp.org Professional Organization http://www.ism.ws Reverse Logistics Association Professional Organization http://www.rltinc.com American Shipper Trade Journal http://www.americanshipper.com/asdaily Canadian Transportation & Logistics Trade Journal http://www.ctl.ca DC Velocity Trade Journal http://www.dcvelocity.com Inbound Logistics Trade Journal www.inboundlogistics.com Industry Week Trade Journal http://industryweek.com Internet Retailer Trade Journal http://www.internetretailer.com/home Journal of Commerce Sailings Trade Journal www.jocsailings.com Logistics Management Trade Journal http://www.logisticsmgmt.com Logistics Today Trade Journal http://www.logisticstoday.com Retailing Today Trade Journal http://www.retailingtoday.com Reverse Logistics Magazine Trade Journal www.rlmagazine.com Seaport Press Trade Journal www.seaportsinfo.com Supply Chain Brain Trade Journal Supply Chain Management Review Trade Journal http://www.supplychainbrain.com/conten t/index.php http://www.scmr.com Supply Chain Digest Trade Journal http://www.scdigest.com/index.php Transport Topics Trade Journal www.transporttopics.com 8