IoSCM Level 7 Award in Logistics and Transport

Unit Content:

• Strategic Management Principles - Concepts of strategic management; influences of strategy formation; Porter’s Five Forces; Business and corporate level strategy; feasibility and acceptability; statements, values and objectives; stakeholder analysis and engagement; communication.
• Business Research - Types of research; validity and relevance; research paradigms; research philosophy; literature reviews; research process; structure of report.
• Logistics and Transport Management - Flexible Manufacturing Systems (FMS); Flexible Manufacturing Cells (FMC); special manufacturing processes; CAM layouts; how AMT improves manufacturing; ERP software.

Optional units:

• Ports and Shipping - Evaluating methods of maritime trade; benefits of maritime trade to an organisation; benefits of planning maritime operations; usage and life-span of resources; types of contracts used in the transport of goods; legal issues associated with time charter parties and voyage charter parties.
• Global Procurement in the Supply Chain - Strategic procurement; collaborative procurement; supplier relationship management; procurement principles; supply chain mapping; contract documents; long term strategic sourcing documents; evaluating supplier performance; cost effectiveness; achieving results; risk.
• Manufacturing Production - Components of the production function; design services and organising product development; facilities location; facilities layout; economic order quantity model planning and controlling projects; MRP I; MRP II; the purchasing function; expediting; a standard purchasing system.
• Corporate Finance - Links to business objectives; mergers and acquisitions; appraisal techniques; main methods for valuing; factors of determination; concept of business capital.
• Leadership and Enterprise - What is leadership; what is management; the relationship between leadership style and leadership behaviour; the impact of leadership in an organisation based on leadership theories; Advising on Management and Leadership Skills; evaluations of recommended leadership skills required for a given role in an organisation; the concept of entrepreneurship and its effect upon the business.
• Principles of Marketing - Marketing principles; marketing concepts, marketing mix; marketing planning concepts; analytical marketing tools; the competitive environment.
• Change Management - The use of change management in organisation; actors affecting change management; presenting a proposal; best practice.
• Entrepreneurship in Business - Encouraging entrepreneurship in organisation; how entrepreneurs develop business ideas; detailed business plans; legal, ethical and financial implications; eentrepreneurial skills and characteristics.
• Quality Management - What is quality; the concept of quality management in a business; quality management tools and techniques; embedding quality management into the culture of an organisation; monitoring quality management; controlling quality management; evaluating quality standards that support quality management.
• Import and Export - Characteristics of exporters including role, justification and reasons for export; characteristics of importers, including role, freight forwarders; 3rd Party Role.