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Discover the essentials of logistics and transportation management in this course, key components of a robust global supply chain strategy. Understand how transportation serves as the "glue" binding supply chains together. Master the art and science of Logistics Management by learning to engineer and coordinate systems and processes that enable transportation, distribution, and storage networks to function seamlessly and efficiently. Explore the four primary modes of transportation—road, rail, marine, and air—examining the unique features, benefits, and limitations of each, and how they integrate through "inter-modalism." Gain insights into transportation security and the new risks facing modern supply chains. Appreciate the economic impact of transportation on businesses and firms, and explore the strategic role of Logistics Managers in corporate strategy development. Assess how applying standard terms of trade for international commercial transactions (Incoterms 2020) within contracts for the sale of goods influences costs, risk, mode of transport, and the relationship between traders.
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