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Master’s Degree Programme in Supply Management (MSM) 2015-2016LUT School of Business
Hankintojen johtamisen maisteriohjelma
2.9.2015 Associate Professor, Katrina Lintukangas
Statistics from application process
− 178 eligible applicants− 42 interviews− 31 selected (31/178 = 17.4 %)− 26 accepted the study right in LUT MSM programme
3 2
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Country of origin
Russia Germany TurkeyU.K Vietnam Finland
Master of Supply Management (MSM)
The tasks of supply management professionals are to:
− Design− Manage− Execute− Control
activities related to incoming materials, products and services of a company.
For example: − supply market research, supplier selection and assessment, strategy formulation,
business negotiations, relationship management, analyses of risks and costs etc.
Supply management is dealing with people.
Welcome to study and
become an expert in strategic supply management!
Your future position?
Sourcing Analyst, Neste Oil
Supply Chain Management Analyst, Accenture
Development Manager, Skanska
Sourcing manager, Scandic Hotels
Procurement and logistics officer, Pelastusopisto
Specialist, Procurement, VTT
Category manager, Lemminkäinen
Researcher, Lappeenranta University of Technology
Project controller, Liikennevirasto
Procurement Manager, Chromaflo Technologies
Purchasing manager, Terveystalo
Country procurement manager, Scandic Hotels
Consultant of bidding, Hansel
Sourcing Manager, Digita Oy
…
Learning outcomes
Designed for future specialists and managers of supplier relationships, networks and strategic buying
Three focus areas: 1) supply strategy, 2) relationship management in supply networks and 3) supply chain management.
After completing the program students are able to:− understand the strategic role of supply management and purchasing in global business and value
creation− create ability to develop and evaluate supply management strategies in global context− create ability to develop and analyze purchasing and supply management processes as a part of
business strategy− know the main theories of managing supply, suppliers and value networks− recognize the global supply network risks and challenges− apply relevant methods and skills to manage supply chains and supplier relationships− utilize strong analytical skills and apply tools required for professional practices
Supply Management MSM / 120 ECTS
YEAR 1 CORE STUDIES
YEAR 2 SPECIALISATION STUDIES
MASTER’S TH
ESIS
SUPPLYSTRATEGY
SUPPLIER RELATIONSHIPS & NETWORKS
SUPPLY CHAINMANAGEMENT
Strategic supply managementProject on strategy and business modelsMajor electives
Global sourcing and sub-contracting Major electives
Cost management and risk assessment
Supply chain improvement and analysis methods
Languages 6 ECTS / Minor Subject 24-25 ECTS / International exchange
External resource management
Major electives
Supply strategy
Content: − Role of strategic supply management in global business− Organizational theories and sources of competitiveness of a firm− Long-term planning, supply strategy formation and strategy elements− Organizational alignment of supply management− Supply management’s impact on firm’s competitiveness
Objectives− Increase understanding the strategic role of supply management and
purchasing in global business and value creation− Create ability to develop and evaluate supply management strategies
in global context− Create ability to develop and analyze purchasing and supply
management processes as a part of business strategy
Elements of MSM 1/3
Elements of MSM 2/3
Supplier relationships and networks
Content − Supplier management & relationship management− Value creation through collaboration, motives and risk− Network strategies and positioning (power)− Relational capabilities.
Objectives− Know the main theories of managing supply, suppliers and value
networks− Recognize the global supply network risks and challenges− Follow the principles of responsible business and maintain high
business ethics and moral in work.
Elements of MSM 3/3
Supply chain management
Content− Cost management and decision making
process− Risk management in supply chains− Supply chain integration− Analysis of performance, tools and
methods of supply chain development (lean principles, six sigma etc.).
Objectives− Apply relevant methods and skills to
manage risks and improve performance in supply chains and supplier relationships
− Utilize strong analytical skills and apply tools required for professional practices
MSM Degree structure
Core Studies 48Specialization studies 42Minor studies 24Language studies (not English) 6Credits 120 (min.)
CORE STUDIES 48 ECTS cr Supply Strategy 12 ECTS crObligatory year per. ECTS crA310A0101 Strategic supply management M.Sc.(Econ. & Bus. Adm.) 1 1 6 And at least 6 ECTS cr of the following courses: year per. ECTS crA210A0200 Empirical strategy research M.Sc.(Econ. & Bus. Adm.) 1-2 3-INT 17 6A365A0100 Organization theory M.Sc.(Econ. & Bus. Adm.) 1 1 6A350A0601 Contemporary issues in strategic management and innovation
M.Sc.(Econ. & Bus.Adm.) 1 3 6
Supplier Relationships & Networks 12 ECTS crObligatory year per. ECTS crA310A0500 Global sourcing and sub-contracting M.Sc.(Econ. & Bus. Adm.) 1 4 6 And at least 6 ECTS cr of the following courses: year per. ECTS crA310A0601 Reading course of supplier relationship management M.Sc.(Econ. & Bus. Adm.) 1-2 4 3A310A0750 Logistics outsourcing and innovation M.Sc. (Econ & Bus. Adm.) 1 1-INT 43 3A330A0050 Customer relationship management M.Sc. (Econ & Bus. Adm.) 1-2 4 6CS10A0151 Business relationships and networks M.Sc.(Econ. & Bus. Adm.) 1-2 3-4 5
Supply Chain Management 18 ECTS crObligatory year per. ECTS crA310A0301 Supply chain improvement M.Sc.(Econ. & bus. Adm.) 1 3-4 6A310A0650 Cost and risk management in supply chain M.Sc.(Econ. & bus. Adm.) 1 4 6 And at least 6 ECTS cr of the following courses: year per. ECTS crA210A0350 Real options and managerial decision making M.Sc.(Econ. & Bus. Adm.) 2 3 6
A210A0601 Information systems in corporate management and decision-making
M.Sc. (Econ. & Bus.Adm.) 1 2 6
A310A0401 Public procurement M.Sc.(Econ. & Bus. Adm.) 1 3-INT 9 6
Academic skills and specialisation studies
ACADEMIC SKILLS 6 ECTS CR
Obligatory (6 ECTS cr) year per. ECTS cr
A365A0551 Master’s transferable skills M.Sc.(Econ. & Bus. Adm.) 1 42036 3
A310A8500 Master’s Thesis, seminar M.Sc.(Econ. & Bus. Adm.) 2 1-2/3-4 3
SPECIALISATION STUDIES 42 ECTS CR
Obligatory (42 ECTS cr) year per. ECTS cr
A310A0201 External resource management M.Sc.(Econ. & Bus. Adm.) 2 2 6
A350A0110 Project Course on Strategy and Business ModelsM.Sc.(Econ. & Bus. Adm.)1-2
1-2/3-4 6
A310A9000 Master’s Thesis, Supply management M.Sc. (Econ. & Bus. Adm.) 2 1-2/3-4 30
In addition:
MOOC (Massive open online courses)
− Send informal application to katrina.lintukangas@lut.fi incl. course details, amount of credits and justification of
suitability before starting the course.
− Only elective courses can be replaced− Max 12 ECTS of MOOCs can be included to MSM degree− For example: https://www.coursera.org/
HARE Internship for MSM programme
− You can benefit your work experience during your studies.
− Discuss beforehand with Katrina about the suitability of the work experience and how it support your studies in MSM
− Two weeks = 1 ECTS, max 6 ECTS can be included as internship to MSM degree
− Only elective courses can be replaced
Minor studies, 24 ECTS
− Knowledge and innovation management− Sustainability− International Marketing− Business Analytics− Entrepreneurship− Business and technology in Russia
Suomenkieliset opiskelijat voivat suorittaa myös suomenkielisiä sivuopintokokonaisuuksia
• Laskentatoimi• Kansantaloustiede ja rahoitus• Yritysjuridiikka• Johtaminen• Yrittäjyys• Energiatalous• Tuotantotalous
Studies
• Case-assignments• Teamwork• Individual assignments• Simulations• Literature reviews• Term papers / essays• Lectures
• Guests from companies• Professors from other universities• Consultants
Close co-operation with the companies – e.g. Most of the Master’s thesis are made on assignment of companies
MSM Double Degree with University of Twente (UT), Netherlands
− Get a dual qualification – a Master degree from both Lappeenranta and Twente!
http://www.utwente.nl/en/education/master/programmes/business-administration/profiles/purchasing-supply-management/
− Timing: − 2nd year autumn semester
− Course examples:− Purchasing Strategy & Systems− Global Sourcing & Organisation− Supply Chain Management and Innovation− Public Procurement and Contracting− Industrial Marketing
− Joined Master’s thesis (LUT & UT)− More information about the application process and time will be informed later.
Faculty
Core Faculty− Hallikas Jukka, Professor, D. Sc. (Tech.)− Lintukangas Katrina, Associate Professor, D. Sc. (Econ. & Bus. Adm.)− Virolainen Veli Matti, Professor, D. Sc. (Tech.)− Henna Järvi, Doctoral Student, M.Sc. (Tech.)− Kähkönen Anni-Kaisa, Post-Doctoral Researcher, D. Sc. (Econ. & Bus.
Adm.) (on maturnity leave until 31.12.2015)
Visiting Faculty− Kivistö Timo, Director, Kivistö Consulting Oy (Public procurement)− Evangelista Pietro, Senior Lecturer, Ph.D. IRAT-CNR and Department of
Industrial Engineering, University of Naples, Docent (Logistics outsourcing and innovation)
− Michael Henke, Professor, Fraunhofer, Docent (Cost and risk management in supply chain)
− Guest lecturers from companies
Support for MSM studies
− Kaija Huotari – study counselor, room 2324, tel. 050 322 6436• study and personal study plan (PSP) guidance• study guidance for outgoing exchange students• applications for extended right to study
− Merilin Juronen – student adviser, room 2313, tel. 040 138 0363• general study counselling for degree students• personal study plan (PSP) guidance• practical matters involving studies (e.g. questions related to timetables,
course registrations and examinations)• student events and orientation at the beginning of studies
− Mervi Lensu – study secretary, room 2324, tel. 050 3226464• Graduation
• Application for Approval of Master's Thesis Topic (1A)• Application for Assessment of Master's Thesis (1 B)• Application for Master's Degree Certificate (1 C)• Degree Certificates
MSM Get Together PartyFor all MSM students
29th of September
15.00 – 17.00 o’clock
Skinnarilan Hovi
Create your own network, make friends with your fellow students!
http://www.lut.fi/documents/10633/29855/lut-ajo-ohje.pdf/e56785b7-3993-4021-b422-fef73e7f8338
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