Content Chpt 5 - Information Technology in Logistics...

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05/08/09 SCM 345 - Systems 1 Information Technology in Logistics Overview
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05/08/09 SCM 345 - Systems 2 How It Fits FG INV Data Warehouse Sales/ AR Shpts MPS ERP: MRPDRP MFG: MES L O G IB Shpts Buys/ AP RM INV P U R
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05/08/09 SCM 345 - Systems 3 Figure 5-9 ERP Architecture
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05/08/09 SCM 345 - Systems 4 The Planning Systems
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05/08/09 SCM 345 - Systems 5 Inventory Cost and Control
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Inventory Costs: Why are they so important? What are they? First, inventory costs are a significant portion of total logistics costs for many firms. Second, inventory levels affect customer service levels. Third, inventory cost trade-off decisions affect inventory carrying costs. Four types: inventory carrying costs, order/setup costs, expected stockout costs, and in-transit inventory-carrying costs Why are inventory costs important? What are Inventory Costs?
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05/08/09 SCM 345 - Systems 7 Inventory Costs: Inventory Carrying Cost Component 1: Capital Cost Largest component of inventory carrying costs Interest or opportunity cost associated with investing in inventory, or any asset. What is the implicit value of having capital tied up in inventory, instead of some other worthwhile project?
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