• Materials Management (TLLY6500-3016),
         03.04.2023 – 31.07.2023,  5 cr  (ZJA23KTMJ) — Online learning +-
    Learning outcomes of the course
    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 the basics and importance of product data management and bill of materials in business point of view.
    - 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.
    Course contents
    - Demand forecasting
    - Inventory management and material requirements planning
    - Product data management
    - Production control management
    - Capacity management
    Assessment criteria
    Assessment criteria - grade 1 and 2
    1: Student has gained knowledge at all the subjects described in the learning outcomes.
    2: Student has gained knowledge at all the subjects described in the learning outcomes and is able to can utilize this knowledge.
    Assessment criteria - grade 3 and 4
    3: Student understands all the subjects described in the learning outcomes and is able to apply the skills one has learned.
    4: Student has attained an excellent level in almost all the subjects described in the learning outcomes and is able to apply the skills one has learned.
    Assessment criteria - grade 5
    5: The student has attained an excellent level in all subjects described in the learning outcomes and is able to apply the skills one has learned.

    Language of instruction

    Finnish

    Planned learning activities, teaching methods and guidance

    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.

    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.

    Lecturer(s)

    Ville Karjalainen

    Working life cooperation

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

    Campus

    Main Campus

    Exam dates and re-exam possibilities

    Final exam is not included to this course.

    Timing

    03.04.2023 - 31.07.2023

    Learning assignments and 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.

    Groups
    • ZJA23KTMJ
    Alternative learning 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.

    Assessment methods

    Course assessment is based on assessment criteria from learning objectives.

    Degree Programme

    Bachelor's Degree Programme in Logistics, Bachelor's Degree Programme in Purchasing and Logistics Engineering

    Mode of delivery

    Online learning

    Share of virtual studies

    5 cr

    Credits
    • 5 cr
    Unit

    School of Technology