Study Guide

Objective

The student learns how to organize materials management in a company. The student will also get to know how to manage inventories and control the inventory related costs. The student will know which replenishment methods should be applied in different environments. He/she will learn how to calculate the inventory related costs and replenishment parameters.

Content

- Warehousing
- Advanced technologies both in warehouse material and information flow management
- Inventory related costs

- Different stocks and significance of those for customer service

- Material management and replenishment methods in different environments

- VMI concept

Materials

1.Arnold, Chapman, Clive: Textbook: Introduction to Materials Management, Chapter: Inroduction to Materials Management
2. Arjan J. van Weele: TextBook: Purchasing and supply chain Management: Chapter 1-4 (Section 1, pages 1-87)
3. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Material Requirements Planning
4. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Forecasting
5. Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Inventory Fundamentals
6.Arnold, Chapman, Clive: Introduction to Materials Management, Chapter: Independent Demand Ordering Systems

Teaching methods

6 Individual Assignments

Module Group Assignment

Presentation days 9.4 at 12.00-14.00 and 12.4.24 at 13.00-15.00
Groups can not choose presentation day or time.

Course exam 23.4.24 at 12.00-13.30

Exam schedules

A failed course grade CAN NOT be completed with an extra exam or extra assignments.
If a student receives a rejected course number, he or she must complete the course again.

Completion alternatives

no alternative ways to do this course
A failed course grade CAN NOT be completed with an extra exam or extra assignments.
If a student receives a rejected course number, he or she must complete the course again.

Student workload

5 student points, 130 hours of work
6 invidual Assignments:
33% of Course Evaluation
Student must get an average of  grade 1  in total assignments (all 6) to pass this course.
Evaluation will be calculated as follow: All return assignments together and divided in 6.  
Exam
33% of Course Evaluation
In exam student must get at least number 1 on the exam, to pass this course.
A passed exam number can not be do again.

Module Group Assignment
33% of Course Evaluation
In Group Assignment student must get at least number 1, to pass this course.

Content scheduling

The student learns how to organize materials management in a company.
The student will also get to know how to manage inventories and control the inventory related costs.
The student will know which replenishment methods should be applied in different environments.
He/she will learn how to calculate the inventory related costs and replenishment parameters.
 Warehousing- Advanced technologies both in warehouse material and information flow management- Inventory related costs- Different stocks and significance of those for customer service- Material management and replenishment methods in different environments- VMI concept

Further information

paula.kullanmaki@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

Assignments:
33% of Course Evaluation
Student must get an average of  grade 1  in total assignments (all 6) to pass this course.
Evaluation will be calculated as follow: All return assignments together and divided in 6.  
Exam
33% of Course Evaluation
In exam student must get at least number 1 on the exam, to pass this course.
A passed exam number can not be do again.

Module Group Assignment
33% of Course Evaluation
In Group Assignment student must get at least number 1, to pass this course.

Assessment criteria, fail (0)

the exam was not completed or failed

Module group assignment was not completed or failed
Module group review 0:
• • Presentation was not return on time to its tool on right time.
• Presentation was returned, but less than 6 questions were answered properly.
• Both written sources and oral sources, e.g., personal interviews, were NOT marked as a source in the text and in the reference list.
• Plagiarism check is NOT OK.

•

Assigment was not completed or failed

Student must get an average of  grade 1  in total assignments (all 6) to pass this course.
Evaluation will be calculated as follow: All return assignments together and divided in 6.  

Assessment criteria, satisfactory (1-2)

passed grade on the exam
Module group review 1:
• Presentation missing or very short presentation (less than 5 min)
• PowerPoint has less than 4 pages, within very little information
• Plagiarism check is OK.
• Both written sources and oral sources, e.g., personal interviews, are marked as a source in the text and in the reference list.
• Students does not offer own examples and comments at all.
• Grade 1: 7-8 questions were answered in good manner.
Assignment review 1:
Text contains only very few of required elements, and text is not written in right order.
Answers are mostly short. No Article / Thesis example. No own example, comments or ideas.
All sources are indicated in the text (Part 1&2) and in the list of sources according to Turku AMK instructions.
Assignment Plagiarism check result in OK

assignment review 2:
Text does not contain all required elements, and text is not written in right order. Some of answers are short. No own example or comments.
Article or Thesis example is having some relatively good information.
All sources are indicated in the text (Part 1&2) and in the list of sources according to Turku AMK instructions.
Plagiarism check result in OK.

Assessment criteria, good (3-4)

passed grade on the exam
Module group review 2-3:
• The PowerPoint demonstrates good creativity in the student's own writing style.
• Presentation was clearly articulated, well-structured, and easy to listen, easy to read and easily understandable.
• Students offers some own examples and comments.
• Uncertain performance, the presentation was pretty much straight from a PowerPoint.
• Presentation time is short, less than 14 min.
• Both written sources and oral sources, e.g. personal interviews, are marked as a source in the text and in the reference list.
• Plagiarism check is OK.
• Grade 3: 11-13 questions were answered. PowerPoint 6-7 pages, with good information.
• Grade 2: 9-10 questions were answered. PowerPoint 6-7 pages, with little information.
Assignment review 3:
• The Assignment contains most of the required things, in student's own words. Some own examples and comments. The English written article or thesis is a good example. Assignment Part 2: students' text in is containing good idea, but some accuracy is missing.
All sources are indicated in the text (Part 1&2) and in the list of sources according to Turku AMK instructions.
Assignment Plagiarism check result in OK.

Assessment criteria, excellent (5)

passed grade on the exam
Module Group assignment
Grade 5-4:
• The PowerPoint demonstrates excellent/ very good creativity in the student's own writing style.
• Presentation was clearly articulated, well-structured, and easy to listen, easy to read and easily understandable.
• Students provides a real depth information based on real interviews of the Company.
• Natural performance in the presentation, no straight reading from PowerPoint!
• Students offers multiple outstanding examples, identifies strengths, presenting significant excellent job.
• Plagiarism check is OK.
• Both written sources, and oral sources, e.g., personal interviews, are marked as a source in the text and in the reference list.
• Grade 5: 17 or more questions were answered. PowerPoint has more than 11 pages, with excellent information. Presentation time more than 15 min, no more than 20 min.
• Grade 4: 14-16 questions were answered. PowerPoint has more than 9 pages, with excellent information
Assignment:
Review 4:
Report is creatively written, in students’ own words.
Text is explained and organized. Text is easy to read.
Text has several good examples, good aspects and major development ideas, and those are explaining clearly own words.
Selected English written Article or Thesis text is great example for this task and students’ text of it is written accurately and insightfully.
Students have lot of own comments and several development ideas about Article or Thesis example and those are clearly explaining excellent ways.
All sources are indicated in the text (Part 1&2) and in the list of sources according to Turku AMK instructions.
Plagiarism check result in OK.
Self-review and peer review done objectively.
Review 5:
Report is creatively written, in students’ own words.
Text is clearly explained and highly organized. Text is easy to read.
Students have several excellent examples, great aspects and major development ideas, and those are explaining clearly own words.
Selected English written Article or Thesis text is excellent example for this task and students’ text of it is written accurately and insightfully.
Students have lot of own comments and several development ideas about Article or Thesis example and those are clearly explaining excellent ways.
All sources are indicated in the text (Part 1&2) and in the list of sources according to Turku AMK instructions.
Plagiarism check result in OK. Self-review and peer review done objectively.