BUSINESS MARKETING & LOGISTICS 780 LOGISTICS MANAGEMENT Spring 2012 Martha Cooper CLASS MEETS COMMUNICATIONS Campus Phone: Home Phone: Mobile Phone: Campus Office: Campus Mailboxes: Email: Office Hours: Carmen: 7:30 AM – 9:18 PM, Monday & Wednesday in Schoenbaum Hall, Room 230 (614) 292-5761 (740) 335-4376 Long distance call from Columbus (614) 975-0102 Not a long distance call from Columbus 514 Fisher Hall 500 Fisher Hall - Marketing & Logistics Office cooper.7@osu.edu and cooperm@wwdb.org EMAIL BOTH!!! Monday & Wednesday, 9:30 - 11:15 AM and by appointment or walk-in as available Check for lectures, student presentations, grades, news about the course, emails regarding the course, jobs, scholarships, and events. Carmen contains a Content area that you will find very helpful including the latest revised syllabus, latest student presentation schedule 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. Namplates: It is important that I learn to match names and faces. I need your help, especially with the large class size. Some of our classrooms have provisions for 3 inch by 9 3/4 inch engraved nameplates. Ours does. 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 MS-Word 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. 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 Strategic Logistics Management, James R. Stock and Douglas M. Lambert, 4th Edition, ISBN 978-0071181228, Burr Ridge, Illinois; Irwin/McGraw-Hill 2001. New list price $195.30 at OSU BN Bookstore ($150.13 at BarnesandNoble.com); used copies are available ($146.50 at OSU BN Bookstore and varying prices at BarnesandNoble.com. Note that this is probably the last time we will use this text at OSU. COURSE DESCRIPTION “Management of logistics activities of the firm from the viewpoint of both the provider and user of logistics system components." - OSU Bulletin "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 Now, my take on the course: This course is a good deal more than 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. TEACHING METHOD The teaching method will be a combination of lecture, class discussions on assigned topics, guest speakers, a tour, and some case analysis/problems. Areas covered include: the role of logistics in the economy and organization; customer service; logistics information systems; materials handling, computerization, and packaging issues; purchasing; global logistics; organizing for effective logistics; methods to control logistics performance; supply chain management; and implementing logistics strategy. For most of you, the hardest aspect of this course is its breadth. 2 In short, I am going to be asking 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 depend heavily on the text. To this we will add some outside speakers and a tour. I like a lot of discussion. How much of this we actually have is entirely up to you. It takes two or more of us to have a discussion. If everything is one way, then it is a lecture. I am going to challenge your thinking and I expect you to challenge mine. We'll both learn. Our text is worth reading. If you do so carefully, I can almost assure you of two things. First, every other logistics course you ever take is going to be a great deal easier. Second, you will know more in general about logistics than many, if not most, of the people who manage it for a living every day. The preface to one of Ron Ballou's (OSU grad) books has a quote by Thomas Carlyle that made me chuckle: “No book that will not improve by repeated readings deserves to be read at all.” Well, this book deserves to be read. 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 the individual components of logistics and their interrelationships within individual companies and within the supply chain. An understanding of a variety 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. The only exceptions will be those authorized in writing and then only when recommended 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 I 100 Midterm II 100 Final Exam 100 Information Assignment 4 Inventory problems 2 Strategic Profit model 1 Resume 1 Total % of Total 31% 31% 30% 4% 2% 1% _1%__ 100% 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 Extra Credit: TLA Attending 2 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 quarter. 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% Guest Speakers/Tours 1/4% each 1% (max) 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. 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. The exams will do that for me. 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. There are a few exceptions when attendance will be taken: During the first two weeks or until the class roster stabilizes. On days that we have scheduled guests or take off-campus tours. 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”. 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. THE INFORMATION ASSIGNMENT It is important that you start to read logistics publications and familiarize yourself with your future career. Even if you are a double major, it is important that you understand logistics as you will be dealing with logistics professionals in whatever position you obtain within an organization. Having a cross-functional perspective will serve you well in your career. A two-person team will choose an article from a recent publication and report details of the major issues/findings to the class. The first team to report on an article will exclude others from doing so. The team will email me with their selection (this means the topic and the articles) using both my home AND OSU emails and the Carmen Drop Box so it is first come, first served. I will let you know if you have selected an “appropriate” topic for the report. If I haven’t heard from you after the first week of class, you will be assigned a team and a topic starting from the third week on. The assignment can also be done individually. There is no grade compensation for fewer people in a team. All articles should be published December 1, 2011, or later and be at least the equivalent of ten (10) full pages of a small journal or magazine, excluding advertising, large pictures to show the title on the first page, or other extraneous material on the pages. Figures and tables do count in the 10 pages. Avoid company reports as the only source. You may need to use multiple articles to meet the 10-page requirement. Multiple articles should all be on the same topic. When using web sites, the article must be dated, not just the date you get it from the web. To check the length of a web article, copy it into Word and look at the page count. Presentation dates will be selected to match the topic for discussion as closely as possible. If you wait too long, there may not be room for your presentation. Provide an evaluation in the following format and content. The evaluation paper will be no more than four pages in length (double-spaced, 12-point Times (New) Roman font, and 1” margins on all sides) and should not be shorter than 3.5 pages either. Text over 4.5 pages will not be read/graded. 5 Title of article/item 2 pages: Brief synopsis of the key points of the article, including details of main points or findings. What did you learn from the article? 2 pages: Indicate how what you learned could help you in a specific logistics position/title from a logistics standpoint. This is an important section. It is at least as important as the synopsis. Please spend time on this. Give detail on how you could use this information in a specific logistics job. Use headings to separate the two sections. Notes: The full citation(s) should be in the class presentation and at the end of the evaluation (not part of the page count). The evaluation should have page numbers. The presentation should contain numbers, charts, graphs, and/or pictures to show detail and make the presentations more interesting and substantive. Do more than just words on all slides. Short videos are encouraged. Look for articles from/about other parts of the world, as well as from the US. Watch the grammar and spelling. Points will be deducted if there are too many errors. Use spell check and have someone else read your paper who is a native English speaker if possible. We will strive for two or three presentations per class period. We will begin the class with the presentations. Each presentation should be five to seven minutes in length. Incorporate the efforts of both team members, and convey a professional tone and appearance. THERE SHOULD BE NO DIRECT READING FROM THE REPORT. Both team members should be prepared to present and answer questions. The report will be due on the date of the scheduled team presentation. The presentation and paper will be graded on a check+, check, and check – basis. A check gets full points. Grading will be based mostly on content of the evaluation, but also on slide quality and communication skills exhibited. The assignments will not be returned until everyone has presented; this usually means after the last day of class. It is important that we learn new information and not repeat what is the text, the notes, or what the instructor says unless as a short introduction in either the paper or the presentation. On the day of the presentation, deposit on Carmen AND turn in hard copies of: 1) your presentation materials, 2) a copy of the article/item discussed, and 3) an evaluation in the format below. Each hard copy item and electronic file submitted must have both members’ names on it. Each file name should begin with your last names in alphabetical order followed by a short topic description. End with “evaluation” or “eval” for the evaluation paper. For any web articles, copy the text, and graphics if possible, into a Word or PDF document for printing and submission to Carmen and cite the web links. Simply indicating a web site will not be sufficient. The information assignment power point slides will be posted on Carmen and WILL BE considered part of the respective exam. 6 DATE TOPIC ASSIGNMENTS M Mar 26 Introduction to the Course & the Work of Logistics Chapter 1 Guest speaker: Dick Dowd, trustaff W Mar 28 Logistics and Supply Chain Management Chapter 2 M Apr 2 Customer Service Chapter 3 W Apr 4 Order Processing Chapter 4 Guest Speaker: Alan Weeth A&F DUE: Resume M Apr 9 Inventory Management Chapters 5 & 6 W Apr 11 Inventory Management (cont.) Chapters 5 & 6 M Apr 16 Managing Materials Flows Chapter 7 DUE: Inventory Problems W Apr 18 Transportation: Chapter 8 Tour JBHunt/Norfolk Southern RR - Must be on bus by 7:10. M Apr 23 Transportation Chapter 9 T Apr 24 Review Session 5:30-8:00 pm Scott Lab E0040 (basement) 201 W 19th Ave W Apr 25 Midterm I (Chapters 1-6, inventory problems, student presentations) M Apr 30 Warehousing Chapter 10 W May 2 Materials Handling Tour A&F departs ~ 7:10 am Chapter 11 See Carmen for directions (if not on bus). M May 7 Procurement and Logistics Outsourcing Chapter 12 DUE: Strategic Profit Model W May 9 Global Logistics Chapters 13 & 14 Guest Speaker: Tom Kimball (OSU TLA), DHL M May 14 Global Logistics (cont.) Chapters 13 & 14 T May 15 Review Session 5:30-8:00 pm Scott Lab E0040 (basement) 201 W 19th Ave 7 DATE TOPIC ASSIGNMENTS W May 16 Midterm II (Ch 7-12, student presentations since last exam, tours, strategic profit model) M May 21 Guest Speaker: JP Wiggins (OSU TLA), SAP Organizing for Effective Chapter 15 Logistics W May 23 Performance Measurement Chapter 16 M May 28 Selling the Value of Logistics Chapter 17 W May 30 The Strategic Logistics Plan Final Exam Review Chapter 18 R Jun 7 Final Exam (Chapter 13-18, student presentations since last exam 7:30-9:18 AM and guest lectures) Thanks for being in the class. 8 Industry reading materials and websites of general interest (possible sources of presentation material) Source Website American Society of Transportation and Logistics (AST&L) Bureau of Transportation Statistics www.astl.org Council of Supply Chain Management Professionals (CSCMP) DC Velocity magazine http://www.cscmp.org Global Logistics & Supply Chain Strategies magazine Inbound Logistics magazine http://www.glscs.com Journal of Commerce http://www.joc.com Logistics Management magazine http://www.logisticsmgmt.com/ Logistics Today magazine http://www.logisticstoday.com Logistics Management and Distribution Report magazine Material Handling Industry of America www.manufacturing.net/magazine/logistic Purchasing magazine http://www.purchasing.com/ Retailing Today magazine http://www.retailingtoday.com Seaport Press Review www.bts.gov http://www.dcvelocity.com www.inboundlogistics.com http://www.mhia.org http://www.seaportspr.com/ Supply Chain Digest (SCTV) http://www.scdigest.com/ Three PL Logistics – Armstrong & Assoc. http://www.3plogistics.com Traffic World magazine www.trafficworld.com Transport Topics magazine Transportation & Distribution magazine www.transporttopics.com www.ttnews.com www.tdmagazine.com U.S. Department of Transportation www.dot.gov World Bank Logistics Performance Index www.worldbank.org/lpi 9