What is Logistics and Supply Chain Management? Our programme leader explores…

What is Logistics and Supply Chain Management and why does it matter?
A broad definition for Logistics and Supply Chain Management would be “Management of product, finance and information flow between the supply chain network”. The supply chain network comprises of suppliers, manufacturers, distributors, retailers and end-customers, so basically, it’s all about meeting demand with supply.

It matters now more than ever because businesses are going global and face increasing competition, so it has become vital to provide the best service to customers at minimum costs. Logistics and Supply chain is critical to achieving this and therefore to a business’s performance.

How does it affect everyday life?

Every product we use and service we consume is in some way associated with Logistics and Supply Chain Management. It looks at design, production, transport, storage and distribution activities which are all aspects of products and services that we experience on a day to day basis.

What are future trends in Logistics and Supply Chain Management?

Right now the field is being revolutionised by the use of disruptive innovations and brand new technologies such as autonomous vehicles, additive manufacturing, Internet of Things, Industry 4.0, etc. These disruptive innovations are expected to have a significant influence on tomorrow’s businesses and all of our lives.

Finally, why should someone study Logistics and Supply Chain Management and why should they choose Heriot Watt University?

As I’ve said, every product and service depends on Logistics and Supply Chain in some way, and because of a current skills shortage, most of our graduates join tactical and managerial roles in Logistics and Supply chain management within 3 months of completing the MSc programme at Heriot Watt University.

Heriot-Watt has close to 20 years of experience in running our flagship programme in Logistics and Supply Chain management and it’s exclusively run by members of our world-renowned Logistics Research Centre. The studies are research-led but practice-driven and this means our students are ready for the ever-evolving needs of today’s supply chains when they graduate.

Penguins, beer and economic development…

Professor Paul Hare from our Accountancy, Economics & Finance Department spent two weeks in July in the Falkland Islands, working on a project for the EU concerned with evaluating the last two aid programmes in the Falklands funded by the EU. He writes for us below about his time there.

Continue reading Penguins, beer and economic development…

Our very own Bloomberg Trading room

We are thrilled to announce that our Accountancy, Finance and Economics programmes are soon to have their learning experience enhanced with the opening of our very own Bloomberg Trading Simulation room. Championed by the department’s Deputy Head, Associate Professor of Finance Dr. Mo Sherif, the Trading Room will allow our students to put theory into practice in a real-time environment.

Bloomberg is widely acknowledged as the largest interactive trading platform available in the market and is used by the majority of prominent global finance companies. SoSS Students using our platform will, therefore, replicate the Bloomberg trading rooms of financiers worldwide. Working with a simulated market environment using actual, real-time data, and a variety of functions simulating both trading and non-trading workflows. With these state-of-the-art tools, our students will enrich their research and classwork, with hands-on knowledge of analysing financial markets, assessing economic scenarios and interpreting key news developments that impact the global economy.

Introducing the Trading Room has immense potential for the School and its students.

“Our Bloomberg Trading room is going to be brilliant, we will be able to show and not just tell; it will give us as lecturers the opportunity to bring our textbook theory to life! Moreover, we will be able to provide our excellent students a safe environment to take risks and grow their confidence, and this experience will give them a competitive edge for a career in the financial services.” Dr Mo Sherif

Continue reading Our very own Bloomberg Trading room

How Can We Help?: a marketing podcast, by Karen Sinclair

Karen Sinclair who studies International Business Management with Consumer Psychology

The Marketing team participated in a podcast this month. A part-time MSc student – Karen Sinclair approached us last month as part of her International Marketing Management assignments. Karen created a Podcast featuring the many ways Heriot-Watt University makes studying more accessible to all. Karen is herself a disabled student with carer responsibilities too and wanted to complete an MSc to enhance her prospects and futureproof her career. She studies International Marketing management with Consumer Psychology and in this podcast interviews Claire-Jayne Seller of the SoSS Marketing Team, Dr Kathryn Waite the Programme Director for International Marketing Management and one of her fellow cohort Carla John also a parent student with carer responsibilities on how the University provides for students who are not part of the mould.

We hope that you enjoy listening and that if you are thinking of studying any of our MSc’s in the School of Social Sciences and have any additional needs (such as a parent/carer, or have a disabilities) this podcast provides you with the enhanced knowledge on the facilities and structures in place in SoSS and the University as a whole and encourages you to apply to study with us!

Meet Jessica Doyle

Jessica DoyleSince joining us in August 2016 as a Recruitment, Admissions and Marketing Assistant, Jessica’s found her interest, curiosity and of course knowledge of the variety of different things that spark an applicants interest to studying here at Heriot-Watt University fascinating.

As an alumnus of the School of Social Sciences – studying both an MA (Hons) in International Business Management and an MSc International Marketing Management with Digital Marketing, Jessica has brought a wealth of knowledge on the student journey within the University to the team. As well as assisting as a student ambassador, Jess gained further marketing experience through internships and writing blog posts, one of which was about her trip to China with the Confucius Institute of Business and Communications (SCIBC).

Going forward, Jess will be focusing more of her role on assisting with the marketing of the School of Social Sciences and the communications within the School’s research expertise. You can also find Jessica outside of the office in a park with her pet pug puppy – Sir Arthur!
Arthur and Jessica