Curricula

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials related to the course can be found in the course learning enviroment. Relevant open-source online material can also be used.

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

Course includes lectures (1-2 days at the campus), self learning and returnable learning assignments.

Assignments are done during the lectures and as independent work. The assignments are described in the course workspace. All assignments are either individual assignments or group assignments (described in course workspace) and their due dates will be confirmed as the course progresses.

Practical training and working life connections

Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

The possible date and method of the exam will be announced during the course.

Alternative completion methods

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

Contac learning 8-16 lessons.
Independent studying about 120 hours.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials in Moodle

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

This course includes lectures, learning assignments and exam. Some of the assignment are done as independent work, some during contact teaching (around 40 hours or contact teaching). The assignments are described in the course learning environment. All assignments are either independent or group work (as described in course workspace) and due dates are confirmed as the course progresses.

Practical training and working life connections

Company visits are included to course if possible. Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

Exam schedule will be informed during the course.

Student workload

Lectures and other contact studies approximately 40 lessons.
Independent studying approximately 95 hours.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials in Moodle

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

This course includes lectures, learning assignments and exam. Some of the assignment are done as independent work, some during contact teaching (around 40 hours or contact teaching). The assignments are described in the course workspace. All assignments are either independent or group work (as described in course workspace) and due dates are confirmed as the course progresses.

Practical training and working life connections

Company visits are included to course if possible. Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

Exam schedule will be informed during the course.

Student workload

Lectures and other contact studies approximately 40 lessons.
Independent studying approximately 95 hours

Further information for students

Course assessment is based on assessment criteria from learning objectives.
Exchange students:

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials related to the course can be found in the course learning environment. Relevant open-source online material can also be used.

Teaching methods

The implementation is intended for students of Material Flow Management at the Open University of Applied Sciences. It includes 2 lectures (online) and online learning assignments.

Practical training and working life connections

The learning assignments of the course can be applied to working life and development of working life.

Exam dates and retake possibilities

Final exam is not included to this course.

Alternative completion methods

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

One credit corresponds to an average of 27 hours of work, which means that the load of five credits is approximately 135 hours.

This course contains 2 x 4 hours of online lectures, rest is individual learning.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials related to the course can be found in the course learning enviroment. Relevant open-source online material can also be used.

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

Course includes lectures (1-2 days at the campus), self learning and returnable learning assignments.

Assignments are done as independent work. The assignments are described in the course workspace. All assignments are either individual assignments or group assignments (described in course workspace) and their due dates will be confirmed as the course progresses.

Practical training and working life connections

Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

The possible date and method of the exam will be announced during the course.

Alternative completion methods

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

Contac learning 8-16 lessons.
Independent studying about 120 hours.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Moodle material

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd

Teaching methods

This is a virtual nonstop course. Student may enroll to the course during 1.8.-31.5. There are three (3) different time periods inside the nonstop course:

- Course studied by 10.12.

- Course studied by 31.5.

- Course studied by 31.7.

Student chooses the time period in the virtual study environment. Time period should be selected based on students enrollment and study right time. Student can create own time schedule for the assignments and tasks within the selected time period.

If the virtual study environment has not opened for you within 2 weeks after enrollment, please contact the course teacher.

The calculated workload is the number of credits times 27 hours.
In the 5 credit course, the workload is 135h.

Exam dates and retake possibilities

The course has several exams that will be done individually.

Student workload

Self study and assignments, in total 135h (27h/ECTS)

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials in Moodle

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

This course includes lectures, learning assignments and exam. Some of the assignment are done as independent work, some during contact teaching (around 40 hours or contact teaching). The assignments are described in the course learning environment. All assignments are either independent or group work (as described in course workspace) and due dates are confirmed as the course progresses.

Practical training and working life connections

Company visits are included to course if possible. Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

Exam schedule will be informed during the course.

Student workload

Lectures and other contact studies approximately 40 lessons.
Independent studying approximately 95 hours.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials in Moodle

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

This course includes lectures, learning assignments and exam. Some of the assignment are done as independent work, some during contact teaching (around 40 hours or contact teaching). The assignments are described in the course workspace. All assignments are either independent or group work (as described in course workspace) and due dates are confirmed as the course progresses.

Practical training and working life connections

Company visits are included to course if possible. Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

Exam schedule will be informed during the course.

Student workload

Lectures and other contact studies approximately 40 lessons.
Independent studying approximately 95 hours

Further information for students

Course assessment is based on assessment criteria from learning objectives.
Exchange students:

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Moodle opintomateriaali

Suositeltava kirjallisuus:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

Opintojakso on verkkototeutus, joten oppiminen tapahtuu kirjallisuuden ja verkossa olevan opetusmateriaalin avulla.

Kurssilla tehdään jokaiseen aihealueeseen liittyvä oppimistehtävä (1 tai useampi)

Exam dates and retake possibilities

Kurssin aikana suoritetaan useampi omatoiminen tentti

Student workload

Itseopiskelu ja oppimistehtävät yhteensä 135h (27h/1op)

Further information for students

Opintojakson arviointi pohjautuu oppimistavoitteista johdettuihin arviointikriteereihin.

Avoin AMK 10

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Learning materials related to the course can be found in the course learning enviroment. Relevant open-source online material can also be used.

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd.

Teaching methods

Course includes lectures and returnable learning assignments.

Assignments are done as independent work. The assignments are described in the course workspace. All assignments are either individual assignments or group assignments (described in course workspace) and their due dates will be confirmed as the course progresses.

Practical training and working life connections

Trade fairs, seminars, webinars, etc. that take place during the course can be included in the course. This will be discussed in more detail during the course.

Exam dates and retake possibilities

The possible date and method of the exam will be announced in the course opening information.

Alternative completion methods

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

Contac learning 8-16 lessons.
Independent studying about 120 hours.

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

Objectives

Purpose:
Materials management can have a significant impact on a company's profit, logistics efficiency and customer service. In global supply chains and e-commerce, the importance of material management components, such as demand forecasting, inventory level management, selecting production strategy and planning capacity, is becoming increasingly important. In this course you will learn how to plan and manage material flows. After completing this course, you will understand the basic principles, key concepts and theories of material management and their implications for business.

Competencies:
- Investigations and information retrieval
- Knowledge and understanding
- Purchasing
- Intralogistics
- Business

Learning outcomes:
- You will understand the importance of demand forecasting in business and the most common methods of forecasting.
- You will understand how material flows and inventory levels can be managed and controlled. You understand how to minimize costs of material flow and inventory can be minimize.
- You will understand the basic principles of production control management as well as the different production strategies and their importance for business.
- You will understand how machine, space and personnel capacity is can be determined and understand the basic principles of capacity management.

Content

- Demand forecasting
- Inventory management
- Material requirements planning
- Production control management
- Capacity management

Learning materials and recommended literature

Moodle material

Preferred literature:
Introduction to materials management. 2017. Chapman, Stephen N. Harlow : Pearson Education Ltd

Teaching methods

This is a virtual course. The learning will happen through the literature and the material in Moodle/Optima.

There will be an assignment for every course topic (6)

Exam dates and retake possibilities

The course has several exams that are done individually

Student workload

Self study and assignments, in total 135h (27h/ECTS)

Further information for students

Course assessment is based on assessment criteria from learning objectives.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

1: You have gained knowledge at all the subjects described in the learning outcomes.
2: You have gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.

Evaluation criteria, good (3-4)

3: You understand all the subjects described in the learning outcomes and is able to apply the skills one has learned.
4: You have attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.

Evaluation criteria, excellent (5)

5: You have attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.