Industrial EconomicsLaajuus (4 cr)

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 and supply chain management
- 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. He/she understands the potentials of data processing in business operation with a view of development both to the internal operations of an enterprise and the demand/supply chain.

Content

Processes and process thinking
Supply chain management and business economy
Role of different supply chain elements for the competitiveness of the company
Purchasing, inventories and transportation as a part of logistics process
Basic Terminology and Aims of Operations management
Production and Production Control Forms and Methods of Production Production Scheduling
Basics of quality and environmental management