In-Company Short Training Courses in Freight Management.

Course Title: Strategic Supply Chain & Martime Management.

The course is designed to:

Examine the principles, theories and practice of strategic management and is designed to develop the knowledge of students concerning the significance and nature of policy affecting the supply chain, in particular the module will consider policy in the maritime sector, the dominant mode of international transport, including governance issues which are central to political relationships affecting international trade. It will also develops an awareness of the capital markets and sources of finance for the maritime industry.

Course aims:

To develop the student’s understanding and use of the principles, theories and practice of strategic management and to provide and identify a sound knowledge of the policy and corporate/multi-level governance issues which are central to the supply chain in general and maritime sector in particular. It also develops business policies and applies financial principles and theories to strategic and operational decisions in the maritime industry.

Learning outcomes – At the end of the course students will be expected to be able to:

  • Evaluate a supply chain strategically.
  • In particular evaluate a maritime business organisation strategically.
  • Assess the strength and weaknesses, opportunities and threats of an organisation in a strategic rather than tactical manner.
  • Demonstrate an understanding of how international policies set at governmental level influence maritime organisations and the flow of world trade and supply chains.
  • Critically assess the changing patterns of governance occurring within the maritime sector at government and corporate level.
  • Critically evaluate the sources of finance in the capital markets for the maritime sector.

Indicative Content:

The strategic supply chain & maritime framework:

  • Strategic management as a business process and discipline.
  • Governance of multi-level trans-border supply chain and maritime organisations.
  • Corporate governance of major international maritime organisations.
  • Strategic management elements in a supply chain and maritime context.
  • Developing corporate strategies, missions and objectives for maritime organisations.
  • The general business environment in the maritime sector:
    • Internal factors.
    • Generic strategy alternatives.
    • Strategy valuations.
    • Strategic choice, resources and structure.
    • Policies, plans and administration.
    • Evaluation and control.
  • Multi-level governance in the maritime sector:
    • The role of policy jurisdiction at national, supra-national and international levels.
    • Fordism, Post Fordism and the maritime sector.
    • Shipping policy in the UK, EU, UNCTAD, OECD, WTO and IMO/ILO.
  • Corporate governance in the maritime sector:
    • Application to maritime organisations at conceptual level.
    • International Maritime Organisations and Regulations and their applications to maritime companies.
  • Raising equity for shipping projects – capital market alternatives.
    • Accessing capital markets – debt and equity.
  • Risk management for shipping projects.
  • Future developments.

Further reading:

The course will identify and cover in full detailed learning outcomes required for assessment purposes. However, if you wish to read further in order to supplement your learning and cement your understanding of the course, content, aims, and purposes, we recommend the following book(s):

Exploring Strategy – Johnson, Scholes and Whittington.