ITE319 Fundamentals of Business Logistics

Code ITE319
Name Fundamentals of Business Logistics
Status Compulsory/Courses of Limited Choice; Courses of Free Choice
Level and type Undergraduate Studies, Professional
Field of study Logistics
Faculty Department of International Business, Transport Economics and Logistics
Academic staff Alla Starčenko, Jānis Kuškins, Sandra Brokāne
Credit points 3.0 (4.5 ECTS)
Parts 1
Annotation The main components of the study course "Fundamentals of Business Logistics” are supply, production and distribution, i.e. how to ensure the flow of materials, semi-finished or finished products from the supplier to the end user that involves a physical flow of orders, information and goods. .
The subject is based on the knowledge acquired during the first study year, i.e. in microeconomics, marketing, entrepreneurship economics, and is a separate business sphere for the subjects to be acquired additionally in the second study year. .
The subject consists of lectures and practical classes, the topics of which include the most important spheres of logistics. The teaching staff act as mediators helping students acquire the theory and conducting practical classes. Students independently acquire the theoretical material independently using textbooks and special literature. Students independently analyse and evaluate case studies, make decisions and substantiate their choice and take part in discussions..
Goals and objectives
of the course in terms
of competences and skills
The aim of the study course is to introduce students with the basic principles of business logistics. Tasks: - to acquire different logistics approaches and concepts. - to inform students about the logic of logistics processes, which can be implemented with the help of material flow analysis; - to be able to understand basic features of logistics functions management and organization.
Learning outcomes
and assessment
Students have the ability to define business logistics goals and objectives, can analyse logistics costs, manage the basic principles of choice of transport modes - Test on the acquired material. Exam
Students have the ability to assess critical transport volumes, have the ability to use ABC analysis in stock grouping, can use logistics methods managing the inventory volumes - Case studies in practical classes. Group works. Home tasks. Test on the acquired material. Exam
Students understand the basic principles of product placement in the warehouse, can evaluate warehouse management options - Case studies in practical classes. Group works. Test on the acquired material. Exam
Students can evaluate the service level in the logistics centre, understand the role of intermediary logistics in transport - Test on the acquired material. Exam
Students have the ability to define business logistics goals and objectives, can analyse logistics costs, manage the basic principles of choice of transport modes - Test on the acquired material. Exam
Course prerequisites Microeconomics, higher mathematics.

[Extended course information PDF]