Preview

Supply Chain Management

Powerful Essays
Open Document
Open Document
2159 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Supply Chain Management
Supply Chain Management
Topic 1 * What is it? * All parties and functions involved, directly or indirectly in fulfilling a customer request. * Manufacturers, suppliers, forwarders, warehouse operators, wholesalers and retailers. * Movement of information and funds. * Goal * Maximize the value of the product. * Reduce time * Make more profit. * Value * The difference between the turnover (price) and the cost of the product. * Its called supply chain efficiency. * Types of decision * Supply chain strategy or design (several years) * About the structure as well as about the processes and functions. * Long term and high costs. * Location and capacities (near to customer, supplier or competitor). * Modes of transportation. * Strategic goals. * Supply chain planning (1/4 to 1 year) * Which markets are supplied by which site. * Planning of the inventory structure. * Outsourcing and backup sites. * Frequency and dimension of product promotions. * Consider demand uncertainties, exchange rate, and competitions. * Supply chain operation (weekly to daily) * Regarding individual customer order. * Goal is to fulfill an incoming customer order. * Allocation of orders to stocks and sites, assigning orders to replenish the warehouse. * Reduction of uncertainties and increase the efficiency. * Cycle view * * Clear process visualization. * Visualize inputs and outputs. * Push and Pull *

Topic 2 * Competitive strategies * Defines the set of customer needs that the company seeks to satisfy. * Could be costs, delivery time, variance and quality. * Value chain * Product development: specification of product that the company will produce. * Marketing: positioning

You May Also Find These Documents Helpful

  • Powerful Essays

    Suppliers The suppliers of the business would want that the products they have want to sell to the business is being bought at a profitable rate.…

    • 3737 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Buss1001 Notes

    • 753 Words
    • 4 Pages

    The value chain offers a view of the organization as a cumulative build-up of added value for the customer through the interaction between key operational activities. The key element of the value chain is not just the added…

    • 753 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Supply Chain Management

    • 1645 Words
    • 7 Pages

    In the San Diego distribution center (DC) information flow example, dealers not being notified automatically of order status would be classified as which of the following information flow dimensions:…

    • 1645 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Supply Chain Management

    • 29886 Words
    • 120 Pages

    Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ............................................................................... 9 Chapter 5: Manufacturing Decisions........................................................................... 17 Chapter 6: Distribution Decisions ............................................................................... 25 Chapter 7: Transportation Decisions .......................................................................... 29 Chapter 8: Service Decisions ...................................................................................... 37 Chapter 9: Generate Demand Decisions..................................................................... 38 Chapter 10: Forecasting Decisions............................................................................. 44 Chapter 11: Information Technology Decisions ......................................................... 48 Chapter 12: Other Decisions ....................................................................................... 53 Chapter 13: Financial and Operating Reports............................................................. 55 Chapter 14: Research Studies..................................................................................... 73 Chapter 15: Performance Evaluation .......................................................................... 83 Chapter 16: Firm Management and Advice................................................................. 85 Appendix: Web-Based LINKS Access......................................................................... 87 Index…

    • 29886 Words
    • 120 Pages
    Powerful Essays
  • Good Essays

    Supply Chain Management

    • 7320 Words
    • 30 Pages

    A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted.…

    • 7320 Words
    • 30 Pages
    Good Essays
  • Powerful Essays

    Supply Chain Management

    • 1599 Words
    • 7 Pages

    How does a raw material’s status as pure, weight-losing, or weight-gaining influence the facility location decision? A pure raw material is one that loses no weight in manufacturing and, because of this, the processing point can be anywhere, near the raw material source and the market. Weight-losing products lose weight during processing; the processing point should be near their source in order to avoid payment of unnecessary transportation charges. Weight-gaining products gain weight during processing; the processing point should be close to the market.…

    • 1599 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Management

    • 1921 Words
    • 8 Pages

    In 1990’s, Hewlett-Packard faced several problems with inventory levels for the Deskjet Printer product line. This printer was produced in Vancouver’s facility and from there was shipped to a distribution center. HP has three distribution centers (DC), in North America, Asia Pacific and Europe that at the moment were filled of Deskjet stock.…

    • 1921 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Management

    • 1956 Words
    • 8 Pages

    This paper identifies an existing supply chain management process within an organization. It describes the flow of materials to the organization, the organization 's function, and the customer base that organization serves. The supply chain practice will be compared with other supply chain process. An analysis will be provided based on research and cost-benefit and the recommended changes. The paper has taken a supply chain process exists in the Minneapolis based retail giant Target. Target has 1500 stores, 25 regional distribution centers and 3 import warehouses.…

    • 1956 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Supply Chain Management

    • 911 Words
    • 4 Pages

    The supply chain differs for a company that sells a physical product such as furniture, from that of a company that sells a service such as cellular services. Though both supply chains differ, with powerful strategies both companies were able to achieve the same result, profits within the organization. Ultimately for any organization, the main goal is to increase profits. Improving the supply chain is one way to reach this goal. According to Schneider, "When companies integrate their supply management and logistics activities across multiple participants in a particular product 's supply chain, the job of managing that integration is called supply chain management. The ultimate goal is to achieve a higher-quality or lower-cost product at the end of the chain" (Schneider, 2004, p. 228). Lets attempt to show how Direct Buy, a furniture company, and Verizon Wireless, a cellular service company has achieved that goal.…

    • 911 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Key Marketing Concepts

    • 1365 Words
    • 6 Pages

    Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.…

    • 1365 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Supply Chain Management

    • 541 Words
    • 3 Pages

    Each local distributor forwards finished goods to an average of thirty five (35) retailers: (120 x 35= 4200).…

    • 541 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Supply Chain Management

    • 5532 Words
    • 23 Pages

    Supply chain management is a topic that has been widely studied; more so since the 1980’s when companies realized that they needed to create competitive advantage, create value and stay ahead of the competition. In using and utilizing supply chain management not only were companies able to sustain competitive advantage by being responsive to customers’ needs, they also streamlined their processes, and were able to drastically cut cost and increase efficiency in areas such as collaboration using just-in–time systems to deliver products when they are needed instead of holding inventory on hand, and paying the cost of doing so. Although the just-in-time system of inventory management…

    • 5532 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    4) Customers want to have all what they need available at any time, near of them, clean place, reasonable price, well organized in different levels. If the customer found what they want near of their location at any time, this is the most important which makes them satisfied. If the customer found that the store is closed or out of service at the time they got there, the seller is not presented or busy on something else, they will get abuse and dissatisfied. If the customer do not find what they need or the location is faraway, may they will not go to buy. Another level of importance is the price and the quality of the product which comes in a lower level.…

    • 331 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Supply Chain Management includes all the activities that must take place to get the right product into the right consumer’s hands in the right quantity and at the right time – from raw materials extraction to consumer purchase. SCM focuses on planning and forecasting, purchasing, product assembly, moving, storage, distribution, sales and customer service (Texas A&M University, 2013). Global Supply Chain Management involves a business or a company’s worldwide interests and suppliers rather than simply a…

    • 2829 Words
    • 81 Pages
    Best Essays
  • Satisfactory Essays

    Feasibility Study

    • 264 Words
    • 2 Pages

    Eastern Visayas has 84 public and private resorts combined, among these resorts only 10 are classified as tertiary resorts.…

    • 264 Words
    • 2 Pages
    Satisfactory Essays

Related Topics