FOREIGN OPERATIONS METHODS Course code GRAV011 Course title Foreign Operations Methods Type of course Compulsory Stage of study Graduate Department in charge Graduate school Year of study 2nd Semester 3rd Number of Credits 6 ECTS; 36 hours of class work, 124 hours of self-study, 2 hours of consultations (distant or direct form Lecturer Associate Professor Bruce Ferrin, PhD Prerequisites Email of the lecturer Date of the course Form of studies None bruce.ferrin@wmich.edu, brufer@faculty.ism.lt December 02 – December 18, 2014 Consecutive (evening) Teaching language English Course Description and Aim The success of every organization depends upon its ability to attract and retain customers in the most productive manner. Constantly increasing competition in today’s global markets creates continuously increasing customer expectations for cost, quality, and availability. To gain and sustain competitive advantage, organizations must continuously improve process performance by developing better methods for satisfying current and future customer needs, wants and expectations. This course is an overview of logistics management. The course has three objectives: 1. Introduce logistics management. 2. Develop basic understanding of the role of logistics in the business enterprise. 3. Explore the contribution of effective logistics processes to organizational success. Course Learning Outcomes Course learning outcomes (CLO) CLO1 Introduce logistics management. Study methods Lectures, discussions, video, self-study, case analysis, group work CLO2 Develop basic understanding of role of logistics in the business enterprise. Lectures, discussions, video, self-study, case analysis, group work CLO3 Explore the contribution of effective logistics processes to organizational success. Lectures, discussions, video, self-study, case analysis, group work CLO4 Demonstrate the importance of Lectures, discussions, video, Fall 2014 Assessment methods Case analyses, problems and group tasks, article review and final exam Case analyses, problems and group tasks, article review and final exam Case analyses, problems and group tasks, article review and final exam Case analyses, 1 information systems in managing global supply chains. self-study, case analysis, group work CLO5 Illustrate impacts of use of proper transportation services in both domestic and global supply chains. Lectures, discussions, video, self-study, case analysis, group work CLO6 Familiarize students with practitioner periodicals available in the fields of logistics and SCM. Lectures, discussions, video, self-study, case analysis, group work problems and group tasks, article review and final exam Case analyses, problems and group tasks, article review and final exam Case analyses, problems and group tasks, article review and final exam Quality Assurance Measures We will explore a variety of logistics/supply chain management topics by using a combination of lectures, class discussions and analyses of case studies and problem sets. We will also make use of videos to illustrate the pragmatic significance of logistics processes in the global context and for individual businesses. Cheating Prevention Academic ethical behavior will be the norm in the class. No forms of cheating or plagiarism will be acceptable in the course. All ISM regulations on academic ethics will apply. (see: ISM regulations) Course Content CLASS DATE TOPIC CLASS HOURS Chapter 1 2 Dec 14 3 Dec 14 4 Dec 14 9 Dec 14 10 Dec 14 11 Dec 14 15 Dec 14 Fall 2014 Chapter 2 Video: RFID: The Next Big Little Thing Chapter 3 Chapter 4 Chapter 5 Video: Aligning Supply & Demand: Creating the Right Supply Chain Chapter 6 Video: Negotiating for Business Results Video: Winners Don't Take All Chapter 7 Chapter 8 Chapter 8 4 4 4 4 4 Chapter 9 Chapter 10 Video: Loading Docks Chapter 11 Chapter 12 Video: The Secret World of Air Freight 4 4 ASSIGNMENT In-class mini-case: KiddieLand and the Super Gym Homework mini-case: Just-in-Time in Kalamazoo Homework mini-case: Brant Freezer Company In-class mini-case: Red Spot Markets Company None Homework mini-case: Tempo Ltd. In-class mini-case: Handy Andy None Homework mini-case: Handout In-class mini-case: Aero Marine Logistics In-class mini-case: Minnetonka Warehouse Homework mini-case: Let There be Light Lamp Shade Company Homework mini-case: HDT Truck Company 2 CLASS DATE 16 Dec 14 17 Dec 14 18 Dec 14 CLASS HOURS TOPIC Chapter 13 4 Chapter 14 Video: Panama Canal Unlocked Video: Suez Canal Video: Return of the Pirates Video: Emma Maersk Video: Port of Rotterdam Video: USCBP Vessel & Shipment Searches Video: USCBP Container Searches Final Exam Total ASSIGNMENT In-class mini-case: Chippy Potato Chip Company None 4 TBD 36 Assessment Methods Task Type Discussion of in-class mini-cases Homework mini-cases Final Exam Total: Selfstudy hours -64 60 124 % of final grade 18 42 40 100 Course requirements Individual Class Participation [18%] Active contributions to class discussions include preparation for cases and problems, willingness to express solutions and opinions in class and to show respect for the opinions of others. Case Analyses, problems and group tasks. [42%] To prepare case analyses and problems which will be handed in at the beginning of class according to the Course Content Assignment Schedule. Please prepare a case analyses or problem set to hand in then. Also have a second copy of the case or problem set to use during the class discussion of the case or problems. I expect your case analyses to address the questions raised at the end of each case. No late work will be accepted. Final Exam [40%] The final exam is cumulative will cover all materials from the course sessions. There will be essay and short answer questions as well as problems. There will be no multiple choice or true/false questions. Retake Exam If a student’s cumulative score for the course is not passing, such students will have the possibility to retake the final exam according to ISM rules. This applies only to the 40% weight for the final exam. Teaching methods 1. The course will consist of 4-hour blocks (see detailed timetable) taken up by lectures, discussion, and exercises. Fall 2014 3 2. The course is designed to achieve its aims through a combination of lectures and interactive case-study sessions. The lectures are designed to encourage active participation, collaborative and creative work, interactive communication and critical thinking. 3. The course is interactive and requires a high level of involvement from the students during the class sessions. Students are expected to come to class well prepared. Unless otherwise noted, please read the articles and /or cases before coming to class. Required Readings Paul R. Murphy,Jr & Donald Wood Contemporary Logistics, 10/E, ISBN-10: 0136110770 Recommended Readings Fisher, Marshall L., “What is the Right Supply Chain for Your Product,” Harvard Business Review, March – April 1997, pp. 105 – 116, Reprint 97205. Zondag, Marcel M. and Bruce Ferrin, “Finding the True Voice of the Customer in CPG Supply Chains: Customer-Centric Supply Chain Management,” Journal of Business Logistics, Vol. 35, Issue 3, pp. 268 – 274. Lunnsford, J. Lynn, “Ugly in the Air,” Wall Street Journal, January 8, 2007, page A1. Wright, Robert, “Europe’s Shipyards Sinking under Weight of Competition,” Financial Times, November 24, 2009, page 9. Lavigne, Grace M., “Supply-Chain Interference: Cargo Theft, Piracy and Disruption in 2013,” Journal of Commerce, May 2, 2014. Kovacs, G. K. Spens and D. Vellenga, “Transportation and Logistics Networks in the Baltic States: Keys for Successful Economic Development and Integration into the E.U.,” Economika, Vol. 68, Vilnius University Publishing House, 2004, pp. 121 - 134. The textbook readings and cases are delineated in the course content section above. In addition other readings/hand-outs may be provided to you. Role of the subject in reaching learning outcomes of International Marketing and Management programme Required Readings In the schedule presented above, I have indicated the class meetings for which case problems will be discussed and for which we will review the background necessary for you to analyze the assigned case homework problems. In addition to the assigned cases, other readings may be assigned for some classes. I will post any such additional assigned readings on the e-learning system for the course. Role of the subject in International Marketing and Management programme Special learning outcomes S1. Demonstrate knowledge and understanding of contemporary theories and their applications in the research field of international marketing and management that provides an opportunity for originality in developing, applying and implementing ideas in the areas of international management and international marketing CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 S2. Analyse and assess internal and external international business environment and derive managerial decisions on company’s governance and international expansion and based on a set of environmental factors in particular business situation, having particular regard to the importance of cultural aspects in international business. CLO3, CLO4, CLO5 Fall 2014 4 S3. Analyse and assess the peculiarities of global business environment and shifts in geo-economic situation, putting a particular emphasis on emerging economies and their role in international business environment. CLO5 S4. Have the ability to formulate judgments and take socially and ethically responsible decisions in global business environment. CLO5 S5. Analyse and critically evaluate various real-life business examples, situations and experiences in dealing with multiple international management functions (international human resource management, international consumer behaviour issues, international marketing and negotiation strategies, advanced corporate finance issues, innovation management and marketing communication matters); be able to analyse mentioned functions both separately and in integrative manner. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 S6. Conceptualize, research and write a state of the art review of a chosen area of investigation and generate empirical data on the phenomenon under investigation; be able to evaluate the appropriateness of the use of qualitative and quantitative research methods in particular context; be able to use advanced qualitative techniques and quantitative data analysis methods. CLO6 General learning outcomes G1. To apply modern information technologies in data gathering, analysis and communication. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 G2. To apply systematic, critical and constructive thinking in problem identification and solving. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 G3. Able to communicate knowledge to specialist and non-specialist audiences clearly and unambiguously. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 G3. Develop a range of personal skills including argumentation, evaluation, problem identification and solving, interactive and group skills, self-appraisal, cross-cultural teamwork. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 G4. Prepare research papers using to proper language, writing style and general bibliographic citation requirements. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 G5. Develop independent learning skills necessary to continue advanced studies. CLO1, CLO2, CLO3, CLO4, CLO5, CLO6 Fall 2014 5