Industrial EconomicsLaajuus (5 cr)
Code: TE00CN94
Credits
5 op
Objective
After completing this study unit, the student will be able to:
- tell the basic processes of an enterprise
- discuss the processes by applying process thinking
- explain what is meant by value chain
- discuss the main elements of operations management
- describe the success factors of a supply chain and the influence of those factors to the customer service level, profitability and competitiveness of a company
- explain the influence of eg purchasing, inventories and transportation on business economy and competitiveness
- discuss the main principles and terminology of production planning and control
- explain the role of production planning
- combine the business processes and information systems to all the operations in a company.
Content
- Processes and process thinking
- Role of different supply chain elements for the competitiveness of the company: purchasing, inventories and transportation as a part of logistics process
- Measures of Profitability, Economy and Service Level
- Basic Terminology and Aims of Operations management, Production and Production Control
- Forms and Methods of Production
- Production Scheduling
- Principles of Production Control
- Information Flows in Business Process
- Basics of quality and environmental management
Enrollment
14.12.2024 - 12.01.2025
Timing
13.01.2025 - 01.05.2025
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Engineering and Business
Campus
Kupittaa Campus
Teaching languages
- English
Degree programmes
- Degree Programme in Industrial Management and Engineering
Teachers
- Veli-Matti Suominen
Groups
-
PIMES24
-
PIMEK25Industrial Management and Engineering K2024
-
PIMEK24
Objective
After completing this study unit, the student will be able to:
- tell the basic processes of an enterprise
- discuss the processes by applying process thinking
- explain what is meant by value chain
- discuss the main elements of operations management
- describe the success factors of a supply chain and the influence of those factors to the customer service level, profitability and competitiveness of a company
- explain the influence of eg purchasing, inventories and transportation on business economy and competitiveness
- discuss the main principles and terminology of production planning and control
- explain the role of production planning
- combine the business processes and information systems to all the operations in a company.
Content
- Processes and process thinking
- Role of different supply chain elements for the competitiveness of the company: purchasing, inventories and transportation as a part of logistics process
- Measures of Profitability, Economy and Service Level
- Basic Terminology and Aims of Operations management, Production and Production Control
- Forms and Methods of Production
- Production Scheduling
- Principles of Production Control
- Information Flows in Business Process
- Basics of quality and environmental management
Materials
Slack, Nigel, Alistair Brandon-Jones, ja Nicola Burgess. Operations Management. Tenth edition. Harlow, England ; New York: Pearson, 2022.
+ course material in Itslearning
Teaching methods
In-person teaching, doing assignments, and studying materials
Group work, independent work
Exam schedules
Exam date will be determined
International connections
Work-life orientation, team learning, applying knowledge through diverse methods and current tasks.
Completion alternatives
No alternative ways to complete the course
Student workload
5 ects
In-person lectures
Independent assignments
Group assignments
Exam preparation and exam
Content scheduling
Spring 2025
Further information
Lectures are primary channel for questions and comments
Other communication through itslearning.
Email/phone in urgent cases.
Evaluation scale
H-5
Assessment methods and criteria
80% Exam (Two re-examinations. Failed grade can be re-examined max twice, a passed grade once)
20% Assignments, Presentations
Course consists of obligatory assignments/presentations.
Enrollment
05.12.2023 - 31.01.2024
Timing
04.01.2024 - 29.05.2024
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Engineering and Business
Campus
Kupittaa Campus
Teaching languages
- English
Degree programmes
- Degree Programme in Industrial Management and Engineering
Teachers
- Veli-Matti Suominen
Groups
-
PIMEK24
-
PIMES23Industrial Management and Engineering S2023
Objective
After completing this study unit, the student will be able to:
- tell the basic processes of an enterprise
- discuss the processes by applying process thinking
- explain what is meant by value chain
- discuss the main elements of operations management
- describe the success factors of a supply chain and the influence of those factors to the customer service level, profitability and competitiveness of a company
- explain the influence of eg purchasing, inventories and transportation on business economy and competitiveness
- discuss the main principles and terminology of production planning and control
- explain the role of production planning
- combine the business processes and information systems to all the operations in a company.
Content
- Processes and process thinking
- Role of different supply chain elements for the competitiveness of the company: purchasing, inventories and transportation as a part of logistics process
- Measures of Profitability, Economy and Service Level
- Basic Terminology and Aims of Operations management, Production and Production Control
- Forms and Methods of Production
- Production Scheduling
- Principles of Production Control
- Information Flows in Business Process
- Basics of quality and environmental management
Evaluation scale
H-5