Logistics Business Development, Innovation and Value CreationLaajuus (5 ECTS)

Objective

The student is familiar with concept of value creation and is able to evaluate it in a chosen perspective (in either logistics or SCM related operations and functions) in an independent assignment, on the example of his/her company or a selected case company. The student understands innovation and development opportunities in logistics and SCM, and is able to apply the value creation perspective to business processes of the suppliers, customers and logistics providers. He/she can analyze logistics and SCM business models and strategies and relate his/her findings to business development.

The student also understands the significance of information systems and technologies for effective logistics and supply chain development. Furthermore, the student is able to compare different logistics and SCM options and new trends.

Content

01. Introduction to Logistics and SCM.
02. Value and value creation in Logistics and SCM.
03. Development opportunities, new demands and innovative trends in SCM and Logistics (green supply chain, value adding services, 3PL/4PL logistics, omnichannel retail, etc)

Assessment criteria, satisfactory (1)

The coursework meets with many of the six criteria below. The assignment shows satisfactory performance in more than three of the criteria.

The following criteria are used for assessing the IM Master’s coursework (lecture involvement, discussion, written assignments and discussion leaders).
•The student shows an understanding of the relevant course content in relation to the contents of the articles, lectures and discussion.
•Student texts/presentations demonstrate an understanding of the article/lecture content and an ability to select, interpret and justify key messages in a grounded manner.
•The student shows interconnections between the proposed concepts and current business practice, showing abilities of reflection, evaluation and discussion.
•The student shows professional initiative, active participation and responsibility in both individual and team work.
• The student shows the ability to collect valid knowledge for his/her topic from outside the course sources by using scholarly search tools, by questioning current business practice and by practicing source critique.
•Student assignment is written in line with academic writing practice and instructions for Master’s Thesis, using the Harvard Referencing system, with references both in the text as well as reference list. The texts are written in coherent, fluent English.

Assessment criteria, good (3)

The coursework meets with most of the above criteria.
Additionally the assignment shows good quality performance in three or more of the criteria or otherwise good interpretation.

Assessment criteria, excellent (5)

The coursework meets with many of the six criteria below. The assignment shows satisfactory performance in more than three of the criteria.

The following criteria are used for assessing the IM Master’s coursework (lecture involvement, discussion, written assignments and discussion leaders).
•The student shows an understanding of the relevant course content in relation to the contents of the articles, lectures and discussion.
•Student texts/presentations demonstrate an understanding of the article/lecture content and an ability to select, interpret and justify key messages in a grounded manner.
•The student shows interconnections between the proposed concepts and current business practice, showing abilities of reflection, evaluation and discussion.
•The student shows professional initiative, active participation and responsibility in both individual and team work.
• The student shows the ability to collect valid knowledge for his/her topic from outside the course sources by using scholarly search tools, by questioning current business practice and by practicing source critique.
•Student assignment is written in line with academic writing practice and instructions for Master’s Thesis, using the Harvard Referencing system, with references both in the text as well as reference list. The texts are written in coherent, fluent English.

Assessment criteria, approved/failed

The coursework meets with many of the six criteria below. The assignment shows satisfactory performance in more than three of the criteria.

The following criteria are used for assessing the IM Master’s coursework (lecture involvement, discussion, written assignments and discussion leaders).
•The student shows an understanding of the relevant course content in relation to the contents of the articles, lectures and discussion.
•Student texts/presentations demonstrate an understanding of the article/lecture content and an ability to select, interpret and justify key messages in a grounded manner.
•The student shows interconnections between the proposed concepts and current business practice, showing abilities of reflection, evaluation and discussion.
•The student shows professional initiative, active participation and responsibility in both individual and team work.
• The student shows the ability to collect valid knowledge for his/her topic from outside the course sources by using scholarly search tools, by questioning current business practice and by practicing source critique.
•Student assignment is written in line with academic writing practice and instructions for Master’s Thesis, using the Harvard Referencing system, with references both in the text as well as reference list. The texts are written in coherent, fluent English.