This course equips you with the ability to connect economic forces to the real-world costing, pricing, and operation of logistics within a business. You’ll develop a strong grasp of macroeconomic trends, government intervention, and the microeconomic levers that shape day–to–day decisions. You will learn how to turn external, seemingly uncontrollable pressures on supply chain profitability into factors they can anticipate, interpret, and strategically manage.
The course will enable you to understand, forecast, and adapt to the economic conditions affecting your organization, helping you stay competitive and profitable even in challenging market, regulatory, or competitive environments. It is ideal for buyers and suppliers of transportation services, as well as anyone involved in pricing, supply and demand planning, or supply chain capacity management.
This micro-credential is a component of the Professional Certificate Logistics and Supply Chain Management and can be used towards earning CCLP designation.
Program Information
What you’ll learn studying ECONOMIC INFLUENCES ON LOGISTICS:
- Adapt operations to the unique influences of Canadian infrastructure, transportation, trade agreements and logistics technology, and learn how they affect Canada’s ability to compete globally, identifying all costs (direct, indirect, internal and external).
- Adjust logistics strategies to changes in the health of the Canadian economy and economic cycles, and governmental regulations.
- Capitalize on economic concepts such as supply and demand, diminishing returns and economies of scale.
- Decide between modes of transportation based on economic characteristics and internal and external factors.
- Develop pricing strategies considering inputs such as marginal and average costing, front haul/back haul pricing, price discrimination, and congestion cost pricing.
- Adjust to early signs of changes in supply and demand across modes and adjust modes to avoid cost increases and delays.
ECONOMIC INFLUENCES ON LOGISTICS for:
- Logistics Coordinators and Managers
- Trade Development Managers
- Market Development Managers
- Warehouse Managers
- Supply Chain Analysts
- Purchasing Managers
- Transportation Planners
- Freight Forwarders
- Customs Brokers
- Operations Managers
- Business Development Managers
- Trade Compliance Specialists
- Inventory Specialists
- Supply Chain Public Affairs
Module 1:
Logistics and Technology
Module 2:
Trade and Transportation
Module 3:
Transportation Costs and Efficiencies
Module 4:
Supply and Demand of Transportation
Module 5:
Transportation Pricing: Road and Rail
Module 6:
Transportation Pricing: Ocean and Air
Module 7:
Location and Transportation
Module 8:
Government Policy’s Influence on the Transportation Industry
Module 9:
Transportation and Environmental Economics
How to Access the CITT eBook
To purchase the course text: Economic Influences on Logistics Study Guide, visit Textbooks – CITT
Once you have added your course materials to your basket, follow the checkout process to complete the purchase. Once done, you will receive an email with instructions on how to access your materials.
A fully asynchronous online course does not require real-time communications. Asynchronous online courses do not have the required on-campus components, including assessments. The course will have a set start and finish date and set due dates for assignments and assessments. Please see the registration page for more details.
Prerequisites
- No prerequisites are required to take this course.
Technology Requirements
For in-person and online studies:
- Laptop: Minimum Windows 10 or equivalent operating system. Recommended 8GB of RAM and at least 16 GB of free hard disk space and Wi-Fi capabilities.
Online studies only:
- Access to reliable high-speed broadband internet access (Cable, DSL, LTE) with a minimum bandwidth of 15 Mbps is recommended.
- Laptop must include integrated webcam and microphone.
To earn the Professional Certificate in Logistics and Supply Chain management you will need to successfully complete all required components. Your progress will be continuously evaluated using a variety of formative and/or summative assessments to receive a final mark. Information about these assessment methods will be provided in the Learning Management System on the first day of the program.
IMPORTANT: For those who are pursuing the CCLP® (CITT-Certified Logistics Professional) designation, upon successful completion of your Brock course, you will be required to complete an exam through CITT Canada’s Logistics Association. Details about the exam will be provided at the end of the course.
Accredited by Canada’s Logistic Association.
| Course Detail | Course Info |
|---|---|
| Code | PCSL 9N577 |
| Price | $800 |
| OSAP Eligible | Yes |
| Delivery Mode(s) | ASY - Asynchronous Online |
| Duration | 8 weeks |
| Intake Details | More Info |