INTERNATIONAL FINANCE | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
LOG3711 | Logistics Operations Management | Spring Fall |
3 | 0 | 3 | 5 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Prof. Dr. YAVUZ GÜNALAY |
Course Lecturer(s): |
Dr. Öğr. Üyesi LEVENT AKSOY |
Recommended Optional Program Components: | none |
Course Objectives: | Students are exposed to different processes seen in logistics operations, and their importance both at the strategic and operational levels. Differences as well as similarities among manufacturing and service operations are discussed. Basic management tools used at the operational level of logistics institutions are presented. Moreover, students are asked to prepare a team project on one of the course topics of their choice. |
The students who have succeeded in this course; I. Be familiar with the basic Operations Management terminology, and describe the similarities and differences of goods and service operations II. Define Mission-Strategy relationship and describe operations/production strategies. III. Define logistics operations. IV. Identify different location and distribution models and compare them. V. Identify logistics and supply chain networks VI. Define supply chain and why bullwhip effect occurs. VII. Define capacity and aware of different capacity management models. VIII. Be familiar of benefits and risks of inventory and inventory management techniques. IX. Define waste and lean production. X. Describe quality and different quality management tools. |
Description of Operations Management and Operations Strategy. Discussion of basic topics in logistics operations, such as design of supply networks, location and layout, capacity management, inventory management, lean management, and quality. |
Week | Subject | Related Preparation |
1) | What is operations? Importance of Operation Management. | |
2) | Mission-Goal-Strategy. Operations strategy. | Pre-reading |
3) | Performance of operations. | Pre-reading |
4) | Design of services and goods. | pre-reading |
5) | Process design. | Pre-reading |
6) | Decision of location and layout | Pre-reading |
7) | Supply chain management. | Pre-reading |
8) | Capacity management. | Pre-reading |
9) | Review | |
10) | Inventory management. | Pre-reading |
11) | Planning, scheduling and ERP | pre-reading |
12) | Lean management. | Pre-reading |
13) | Quality management. | Pre-reading |
14) | Operations improvement and review |
Course Notes / Textbooks: | Russell and Taylor, Operations Management,: Creating Value along the Supply Chain, 7th Ed., Wiley, 2011. (ISBN:9780470646236) |
References: | Stevenson W. L., Operations Management, 9th Ed., McGraw Hill, 2007. Heizer, J, and B. Render, Operations Management, 10h Ed., Pearson Education, 2011. (ISBN:0-13-607366-2) |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 10 | % 10 |
Quizzes | 7 | % 10 |
Project | 1 | % 25 |
Midterms | 1 | % 25 |
Final | 1 | % 30 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 45 | |
PERCENTAGE OF FINAL WORK | % 55 | |
Total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 14 | 42 |
Study Hours Out of Class | 14 | 64 |
Presentations / Seminar | 4 | 12 |
Midterms | 1 | 2 |
Final | 1 | 2 |
Total Workload | 122 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | To correctly identify the problems and to be able to ask the correct questions | 2 |
2) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance | 1 |
3) | To understand and grasp the full details of theoretical arguments and counter arguments | 2 |
4) | To be fully prepared for a graduate study in finance and to have lifelong learning awareness | 2 |
5) | To be able to apply theoretical principles of finance to the realities of practical business life | 1 |
6) | To develop solutions for managerial problems by understanding the requirements of international financial markets | 2 |
7) | To think innovatively and creatively in complex situations | 3 |
8) | To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life | 2 |
9) | To have the competencies of the digital age and to use the necessary financial applications | 2 |
10) | To be able to use at least one foreign language both for communication and academic purposes | 1 |
11) | To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life | 2 |
12) | To develop an objective criticism in business and academic life and having a perspective to self-criticize | 2 |