REASONS FOR PROPOSED ACTION After a review of its curriculum, the faculty of the Logistics, Transportation & Supply Chain Management (LTSCM) program of the Robert H. Smith School of Business are proposing the changes listed below. Several course options are being removed because they are no longer offered or because their significance to the field of study has decreased. In addition, the major is proposing to reduce the number of upper level economics courses required from two to one for its LTSCM major. By reducing the number of required upper level economics courses, students will be able to take an additional elective instead. Therefore, they will have greater flexibility and increased opportunity to pursue other coursework in programs such as study abroad, minors, Smith School Fellows Programs, or 2nd majors. In addition, the Economics Dept at UM has faced a significant increase in the number of students in its major. As a result, business and economics students are having more difficulty accessing upper level ECON courses. By eliminating the 2nd economics course required for the LTSCM major, these students will have less difficulty completing degree requirements. Furthermore, the faculty of the LTSCM major has restructured the content of several of its upper level courses in the LTSCM major to include sophisticated software applications that enable managers to optimize their supply chain networks as well as their production planning and inventory operations. Each of these applications has underlying linear programming and optimization routines which are covered in the classes. In addition, LBPP is updating the titles and descriptions of its logistics/supply chain courses to match current terminology used in the field today. Finally, LBPP would like to convert a special topics course to a hard number and add it as a course option for the major. DESCRIPTION OF CURRICULUM CHANGE Under the new requirements the following courses have been removed as options because they are either no longer being offered or are being replaced by more relevant course options. The content of several LTSCM courses has been redesigned to feature network optimization software, which assesses the geographic locations of a firm’s sourcing location, production points, distribution centers, and customer locations and determines an optimal configuration, considering total supply chain costs. In these classes the students learn the underlying algorithms. This content is more directly relevant to the supply chain manager. BMGT 305 Survey of Business Information Systems & Technology (no longer offered by the Smith School) GEOG 373 Geographic Information Systems GEOG 430 Location Theory and Spatial Analysis The following options have been added to the major requirements. BMGT 302 Business Computer Application Programming BMGT 455 Sales Management Current LTSCM majors are required to complete 6 credits of upper level economics courses from two lists of options (see below for details). Under the new requirements, LTSCM majors must complete 3 credits of upper level economics from a list of relevant upper level ECON courses that are consistently offered by the department (see below for details). In addition, a note is being added to the Economics requirement listing indicating that ECON325 Intermediate Macroeconomic Analysis and ECON326 Intermediate Microeconomic Analysis can substitute for ECON305 and ECON306 respectively. ECON325 and ECON326 are new courses that Economics majors will complete in lieu of ECON305 and ECON306. In recent semesters, the Logistics, Business and Public Policy Department has offered an Executive Seminar in Logistics, Transportation, and Supply Chain Management under the special topics number of BMGT498L or BMGT488L. This course has been very successful and the department would like to give this course a permanent number (BMGT471) and formally add it as an option in the major (see details below). A request form has been submitted to VPAC for approval. Finally, titles and course descriptions for many courses in the major have been updated and forms have been submitted to VPAC for approval. See details on the next 2 pages. Old Requirements Major Requirements BMGT 370 Intro to Transportation in Supply Chain Management BMGT 372 Introduction to Logistics and Supply Chain Mgmt BMGT 476 Applied Computer Models in Supply Chain Mgmt 3 cr 3 cr 3 cr Two of the following: 6 cr BMGT 373 Logistics, Transportation, and Supply Chain Mgmt Internship BMGT 470 Advanced Transportation Management BMGT 472 Advanced Logistics Operations BMGT 475 Advanced Supply Chain Mgmt Strategy and Technologies BMGT 477 International Supply Chain Management One of the following: 3 cr BMGT 305 Survey of Business Information Systems & Technology (option for DIS majors only) (deleting) BMGT 332 Operations Research for Management Decisions BMGT 385 Operations Management BMGT 482 Business and Government BMGT 484 Electronic Marketing GEOG 373 Geographic Information Systems (deleting) GEOG 430 Location Theory and Spatial Analysis (deleting) Or one of the following not selected above: BMGT 373, 470, 472, 475 or 477 Total Major Requirements Upper Level Economics Requirements One of the following courses: ECON 305 Intermediate Macroeconomic Theory & Policy ECON 306 Intermediate Microeconomic Theory ECON 330 Money and Banking ECON 340 International Economics 18 cr 3 cr One additional course from the following courses: 3 cr (deleting requirement) ECON 305 Intermediate Macroeconomic Theory & Policy ECON 306 Intermediate Microeconomic Theory ECON 311 American Economic History Before the Civil War ECON 315 Economic Development of Underdeveloped Areas ECON 316 Economic Development of Latin America ECON 317 No longer offered ECON 330 Money and Banking ECON 340 International Economics ECON 361 Economics of American Industries ECON 370 Labor Markets, Human Resources, and Trade Unions ECON 374 Sex Roles in Economic Life ECON 375 Economics of Poverty and Discrimination ECON 380 Comparative Economic Systems Any 400 Level ECON except 422, 423 or 425 Total Upper Level Economics Requirements 6 cr New Requirements Major Requirements BMGT 370 Introduction to Transportation (new title) BMGT 372 Introduction to Logistics and Supply Chain Mgmt BMGT 476 Technology Applications in Supply Chain Management (new title) 3 cr 3 cr 3 cr Two of the following: 6 cr BMGT 373 Supply Chain Management Internship (new title) BMGT471 Seminar in Supply Chain Management: An Executive Perspective (new course) BMGT 470 Carrier Management (new title) BMGT 472 Purchasing and Inbound Logistics (new title) BMGT 475 Supply Chain Strategy and Network Design (new title) BMGT 477 International Supply Chain Management One of the following: 3 cr BMGT 302 Business Computer Application Programming (new option) BMGT 332 Operations Research for Management Decisions BMGT 385 Operations Management BMGT 455 Sales Management (new option) BMGT 482 Business and Government BMGT 484 Electronic Marketing Or one of the following not selected above: BMGT 373, 470, 471 (new option), 472, 475 or 477 Total Major Requirements 18 cr Upper Level Economics Requirements One of the following courses: 3 cr ECON 305 Intermediate Macroeconomic Theory & Policy ECON 306 Intermediate Microeconomic Theory ECON 330 Money and Banking ECON 340 International Economics Total Upper Level Economics Requirements 3 cr Note: Students who have completed ECON 325 and ECON326 can substitute these courses for ECON305 and ECON306 respectively. Additional Degree Requirements of the Logistics, Transportation, & Supply Chain Management Major At the Smith School of Business, a minimum of 120 credit hours is required to complete a Bachelor of Science degree. Besides the major requirements listed above and the specific Smith School of Business requirements listed below, a student must complete the University's CORE General Education Requirements and sufficient lower and upper level elective credit to accumulate a total of 120 credit hours. A minimum of 58 credit hours of the required 120 hours must be in 300-400 (upper) level courses. A detailed explanation including additional Smith School of Business degree requirements are listed below. Freshmen/Sophomore Smith School Requirements MATH 220 or 140 - Elem.Calculus I or Calculus I BMGT 220 & 221 - Principles of Accounting I & II BMGT 230 or 231 - Business Statistics ECON 200 & 201 - Principles of Micro & Macro Economics COMM 100, 107 or 200 - Foundations of Speech Communications, Speech Communication, or Critical Thinking and Speaking Total Junior/Senior Smith School Requirements BMGT 301 - Introduction to Information Systems BMGT 340 - Business Finance BMGT 350 - Marketing Principles BMGT 364 - Management and Organization 3-4 cr 6 cr 3 cr 8 cr 3 cr 23-24 cr 3 cr 3 cr 3 cr 3 cr BMGT 367 - Career Search Strategies and Business BMGT 380 - Business Law BMGT 495 - Business Policies Total 1 cr 3 cr 3 cr 19 cr LTSCM Major Requirements (details listed previously) 18 cr Upper Level Economics Requirements (details listed previously) 3 cr University CORE General Education Requirements not fulfilled by Smith School requirements listed above. - Total Credits 28 cr Lower Level Electives Upper Level Electives Grand Total Required 16-17 cr 12 cr 120 cr Current Catalog Description The supply chain encompasses all organizations involved in production of a good or service and its ultimate delivery to the end customer. Supply chain managers oversee many varied but inter-related processes including the flow of materials, information, and transactions. Logistics deals primarily with the materials flow component of the supply chain, and logistics managers are responsible for fulfilling customer orders while simultaneously controlling distribution costs. While transportation is the heart of logistics; inventory control, warehousing, order processing, materials handling, packaging, and customer service are important logistics activities. These logistics activities comprise up to 30 percent of total costs for many businesses. The cost of freight transportation alone is about 8 percent of the nation's annual domestic product. Updated Catalog Description No change. Typical 4 Year Plan Year 1, First Term Courses ENGL101 (if not exempt) or elective MATH 220 (or as placed) ECON200 CORE class Lower level elective Year 1, Second Term Credits 3 3 4 3 3 16 Year 2, First Term Courses BMGT220 BMGT230 (if still needed) or elective Lower level elective Lower level elective CORE (Lab Science) Credits 3 3 2 3 4 15 3 3 3 3 16 Courses BMGT221 CORE Remaining electives CORE Credits 3 3 6 3 15 Year 3, Second Term Credits 3 3 3 3 3 1 16 Year 4, First Term Courses Professional Writing Major requirement (4 of 6) from options Major requirement (5 of 6) from options College Core Upper level elective (2 of 4) MATH220 (if still needed) or BMGT230 COMM107 CORE CORE Credits 4 Year 2, Second Term Year 3, First Term Courses College Core BMGT370 (Major requirement 1 of 6) BMGT372 (Major requirement 2 of 6) College Core Upper level ECON (from list) BMGT367 (College Core) Courses ECON201 Courses College Core Major requirement (3 of 6) from options College Core Advanced Studies Core Upper Level Elective (1 of 4) BMGT367 (if still needed) Credits 3 3 3 3 3 1 15-16 Year 4, Second Term Credits 3 Courses BMGT495 (College Core) (340/350/364 prereqs) Credits 3 3 Major requirement (6 of 6) from options 3 3 3 3 15 Upper level elective (3 of 4) Upper level elective (4 of 4) 3 3 12 Prerequisite/Course Sequencing Structure BMGT 302 (prereq: proficiency in Microsoft Office, BMGT201, CMSC102, or CMSC103; or permission of department) BMGT 332 (prereq: BMGT230) BMGT 370 BMGT 372 BMGT 373 (prereq: BMGT370 or BMGT372) BMGT 385 BMGT 455 (prereq: BMGT350) BMGT 470 (prereq: BMGT370) BMGT 471 (prereq: BMGT372) BMGT 472 (prereq: BMGT372) BMGT 475 (prereq: BMGT372) BMGT 476 (prereq: BMGT372) BMGT 477 BMGT 482 (prereq: ECON 200 or 205) BMGT 484 (prereq: BMGT350) Upper Level ECON (prereq: ECON200 & 201, some options also require MATH 220/140) Course Descriptions BMGT302 Business Computer Application Programming; (3 credits) Prerequisite: Proficiency in Microsoft Office, BMGT201, CMSC102, or CMSC103; or permission of department. Computer Science majors will not receive credit. For BMGT majors only. Considers characteristics of business data programming and common software development processes and practices. Covers the designing, writing, documenting and testing of an efficient, structured program in Visual Basic. BMGT332 Operations Research For Management Decisions; (3 credits) Prerequisite: BMGT230 or BMGT231; or equivalent. Surveys the philosophy, techniques and applications of operations research to managerial decision-making. Techniques covered include: linear programming, transportation and assignment models, Markov processes and inventory and queuing models. Emphasis is placed on formulating and solving decision problems in the functional areas of management. BMGT 370 Introduction to Transportation (3) An overview of the transportation field with an emphasis on freight movements from the perspective of both providers of capacity and users of freight services. Examines the characteristics of the freight modes and the role of each mode as a major component of logistics and supply chain management. Explores the economics, energy use, and finances of each mode as well as the impact of government policies on each mode’s future. Discussion of infrastructure and capacity needs of the transportation system and its ability to support the economy. BMGT 372 Introduction to Logistics and Supply Chain Management (3) Supply chain management involves the coordination of suppliers, manufacturers, distributors, and retailers to ensure that products and services are available to the final consumer in a timely and cost-effective fashion. Logistics management is the subset of supply chain management dealing with the physical flows of product and includes such activities as transportation management, warehousing, materials handling, inventory management, and order fulfillment. Attention is paid to the logistics cost trade-offs within the firm and between members of the supply chain. BMGT 373 Supply Chain Management Internship (3) Prerequisite: Either BMGT 370 or BMGT 372. Involves supervised work experience in supply chain management, logistics and/or transportation. Students will be expected to relate course material to work experience in an analysis of a firm's operations. BMGT385 Operations Management; (3 credits) Credit will be granted for only one of the following: BMGT385 or ENME426. Studies the design, management and improvement of a firm's processes and systems for creation and delivery of products and services. Includes strategic and operational views of supply chain, product development, and capacity analysis, highlighting the competitive advantages that operations management can provide the firm. BMGT455 Sales Management; (3 credits) Prerequisite: BMGT350. The roles of the sales executive as a planner, manager of resources and marketing functions and recruiter, trainer, motivator and leader of field sales personnel. Techniques and sequence of problem analysis for selling and sales management decisions and to the practical framework in which these decisions take place. Teaching vehicles feature strong classroom interactions, cases, journal articles, research findings, guest sales managers, debates, and modern company practices. BMGT 470 Carrier Management (3) Prerequisite: BMGT 370. The study of the wide range of issues facing managers in transportation. This includes decisions on market entry, pricing, competitive responses, service levels, marketing strategies, capital structure, and growth objectives. Specific management decisions and overall strategies pursued by management are examined. BMGT 471 Seminar in Supply Chain Management: An Executive Perspective (3) Prerequisite: BMGT 372. Designed to provide students intensive interaction with senior supply chain executives from a cross-section of industries. Executives will share their insights about leading competitive supply chains in the global marketplace and assist students in understanding how to develop supply chain career strategies. Students will research the competitive supply chain dynamics of the each executive's industry and review/analyze their findings with the executive. BMGT 472 Purchasing and Inbound Logistics (3) Prerequisite: BMGT 372. Analysis of the resupply activities of logistics management, including purchasing policies, transportation planning, and inventory control. Attention is directed toward total cost minimization and the establishment of a sustainable competitive advantage based on procurement. BMGT 475 Supply Chain Strategy and Network Design (3) Prerequisite: BMGT372. Analysis of the strategic aspects of supply chain management. Emphasis on the creation of end-user value through supply chain cost reductions, service improvements or both. Attention is directed toward the enabling role of technology in support of strategy evaluation and implementation. BMGT 476 Technology Applications in Supply Chain Management (3) Prerequisites: BMGT372. An understanding of the role of technology in managing the supply chain. This course provides students with hands-on experience in advanced software systems that build on top of enterprise resource planning systems. Major emphasis is placed on demonstrating that these systems result in supply chain cost reductions and service improvements. BMGT 477 International Supply Chain Management (3) The study of the importance of supply chain management within a global context. Topics covered include: the structure, service, pricing and competitive relationships among international carriers and transport intermediaries as well as documentation, location decisions, international sourcing/distribution and management of inventory throughout the international supply chain. BMGT482 Business and Government; (3 credits) Prerequisite: ECON200; or ECON205. Focus is on the complex interrelationships between business and government. Explores areas in which business and government are allies (cooperative research and financing program) and adversaries (regulation). Emphasizes a strategic management approach by business to government involvement in economic affairs. BMGT484 Electronic Marketing; (3 credits) Prerequisite: BMGT350. For BMGT majors only. Examines the process of developing, implementing and analyzing strategies for successfully marketing a variety of existing and potential products and services on the Internet. Special attention devoted to the tools and techniques unique to the electronic media. This course is restricted to BMGT majors with 60 credit hours completed. Assessment Plan Logistics, Transportation and Supply Chain MGT (PROGRAM OF STUDY / MAJOR / DEGREE LEVEL, ETC.) Program Contact: Martin Dresner Date submitted to Academic Unit Head: Phone: 5-2204 E-mail: mdresner@rhsmith.umd.edu September 2, 2005 Program Goals: Provide students with the required business management skills, the general business knowledge, and the specific knowledge of the fields of logistics, transportation, and supply chain management, to be future leaders in the knowledge-based “digital” economy. Relevance of goals to the mission statements and/or strategic plans of the University, College, or Program as applicable: Important business management skills required to succeed in the knowledge-based economy include critical reasoning, and oral and written communication. These are skills outlined in the University’s learning goals and objectives. The R.H. Smith School’s Vision Statement stresses the importance of training students to be future leaders in the knowledge and information-based, “digital” economy. Student Learning Outcomes Assessment Measures and Criteria Assessment Schedule (list the three-to-five most important) (describe one or more measures for each outcome and criteria for success) (initial year, and subsequent cycle) 1. Students will be able to demonstrate a clear understanding of important concepts in the core business disciplines and in the specific fields of logistics, transportation, and supply chain management. All Logistics, Transportation, and Supply Chain Management (LTSCM) students registered in BMGT 495, Business Policies (the capstone course for business students) during the semester in which assessments occur, are required to take a two-part test. Part 1 tests their knowledge of core business disciplines while Part 2 tests their knowledge of logistics, transportation, and supply chain management. Eighty percent of students should answer, correctly, 70 percent of the questions in Part1 of the exam, and 80% of the students should answer, correctly, 70% of the questions in Part 2 of the exam. Pilot in the Spring semester of 2006, run during school year 2006- 2007 and then every third school year subsequently. All LTSCM students are required to analyze a business case for BMGT 495 and prepare a written analysis of the case. Eighty percent of students should meet expectations (21 out of 30 available points) in an assessment of their critical reasoning and written communication skills. See attached Critical Reasoning and Written Communication Pilot in the Spring semester of 2006, run in academic year 2006- 2007 and then every third school year subsequently. 2. Students will demonstrate critical reasoning and written communication skills through the individual analysis and write-up of a business case. MBA and Ph.D. students will be assessed in the two other years of the three year cycle. grading rubric. 3. Students will demonstrate their oral communication skills by presenting an analysis of a business case to their class. All LTSCM students are required to make a presentation in BMGT 495 on a business case. Eighty percent of students should meet expectations in an assessment of their oral presentation skills (18 out of 24 available points). See attached Oral Communications grading rubric. Pilot in the Spring semester of 2006, run in academic year 2006- 2007 and then every third school year subsequently. 4. Students will demonstrate their leadership skills by leading a class discussion on a business case. After first making a class presentation on a business case, all LTSCM students are required to lead a class discussion based on the case and the presentation. Eighty percent of students should meet expectations (12 of 18 available points) in an assessment of their skills in leading the class discussion. See attached Leadership grading rubric. Pilot in the Spring semester of 2006, run in academic year 2006- 2007 and then every third school year subsequently. 5. Students will demonstrate their abilities to work effectively with other members of a team in the preparation of a group project. All LTSCM majors are required to participate in a the completion of a group project as part of the requirements for BMGT 495. The group generally consists of 4-6 students. The group is required to analyze a business case, a major industry or a market segment. Eighty percent of students should meet expectations (10 of 15 points) in an assessment of their teamwork skills. The assessment will be made by the instructor but will, in part, be based on student evaluation of other team members. See attached Teamwork grading rubric. Pilot in the Spring semester of 2006, run in academic year 2006- 2007 and then every third school year subsequently.