Course overview
This module will see students investigate the key building blocks of the global wine business, analysing the entire supply chain from vine to consumer. There will be a focus on comparing different business structures, major global organisations, stakeholders and global drinks trends.
This module will include:
History of the international wine trade
Wine business structures; principal functions and roles
Principal actors in the wine supply chain
Review of key organisations in both the domestic and global wine trade
Key aspects of day-to-day operations management for wine businesses
The economics of wine; supply and demand, pricing, payment, shipping options and importation methods
Contemporary trends in the global wine market
The outcomes of this module:
Critically analyse the types of companies operating in the global wine trade and describe their impact on the dynamics of the world of wine business.
Describe the impact that companies have on the dynamic of the world of wine business.
Demonstrate knowledge of the factors affecting current trends in the global wine industry.
Evaluate and apply underlying concepts and principles of operations management in an organisational context
Analyse the key factors that impact the price and justify the range of products offered by a wine business