![]() In the 18th century, the United East India Company (in Dutch: Vereenigde Oost-Indische Compagnie) already conducted make-or-buy analyses. This is also the core difference with logistics or supply chain management, which focus on planning and controlling the amounts, routes and timing of flows of goods and services and associated information.Īs a management activity, purchasing and supply has a quite rich history. As such, the economic transactions between actors are at the heart of purchasing and supply management. We define PSM as “The design, initiation, control and evaluation of activities within and between organisations aimed at securing inputs from suppliers at the most favourable conditions.” (Van Raaij, 2016 Wynstra, 2006).Ĭentral in any definition of purchasing and supply management is the process (at least as final objective) of acquiring inputs. In broad strokes, one could depict the development of definitions over time as moving from more operational, to tactical, to more strategic. But what is the more substantive definition of this business process, particularly from a management point of view? Over the years, numerous definitions have been provided for Purchasing and Supply Management (PSM). In its very essence, purchasing involves everything one receives an invoice for. We will address such questions as: what is the impact of a company’s physical distribution network on the intra logistics system, and vice versa? What storage systems should be used under which circumstances, what handling systems, what is the best layout, which information systems are appropriate, to which extent should processes be automated and robotized, and what is the resulting performance? Besides matters of system choice, operational storage and order picking strategies are also discussed. External and intralogistics are strongly related and interdependent. While most other courses in the SCM master focus primarily on external logistics and strategic issues, this course focuses on intra logistics (or facility logistics): process design and execution operations, particularly those within facilities. Warehousing and distribution are core businesses for many large and smaller firms. ![]() The logistics sector has a big impact on the Dutch economy. Many American and Asian multinational companies have established their European logistics centre in the Netherlands, and it is the home base of many logistics service providers and operations. You can find them all on The Netherlands is well known for its expertise in distribution operations. The MSc Supply Chain Management organises its own industry-specific career fair every November, and there are many other career events and services available at RSM throughout the year. International graduates may find it slightly harder to find a job in logistics or shipping in Rotterdam itself, but your studies in this international port city give you a good view of international opportunities. The largest numbers of them work in large corporations, SMEs and large consultancy firms, but many students take other roles throughout the industry, perhaps starting their careers in supply chain or procurement. Many of them take their first career steps in logistics, consumer goods or consulting, as trainees, consultants and demand planners. ![]() Two-thirds of graduates from this programme said it was relatively easy to find a job for their first career move, according to our MSc Graduate Employment Report in 2019. ![]() On average it takes only a month and a half to find a job after graduating from this programme that’s faster than any of our other master graduates. You can launch your career almost immediately. ![]()
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