SCM Module1-8 recap.docx

SCM Module1-8 recap.docx - Module 1 Supply Chain Management...

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Module 1 Supply Chain Management – The efficient integration of 1 Suppliers and Manufacturers 2 Transporters, Distribution Centers, Warehouses 3 Retailers and all other parties associated tasked with the successful delivery of the final product and/or service 4 Ways Companies Compete 1 Cost a Material b Production c Package, transportation, storage d Quality e Customer Service f Other, marketing/technology/disposal 2 Quality a Design Quality b Material and Production Quality c Quality level delivered d Consistent quality e Service quality 3 Speed / Time a Delivery Time b On-Time delivery 4 Flexibility a Product or customization b Volume c Mass customization d Design e Materials / Part f Facility g Tools / Machinery h Employee i Service Value – Customer perspective What do I get (quantity, quality, size) / What is the price (money, waiting time, warranty)? Productivity – Organizational perspective What did I make (outputs) / What was the cost (inputs) Operations – Design, operation, and improvement of the production systems. Efficiently transform INPUTS into Finished Goods & Services, maximizing productivity. (Process management, plant management, capacity planning, scheduling jobs/people, waiting line management, process improvement objects.)
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Procurement – The processing of obtaining services, supplies, and equipment in the conformance and corporate regulations. (Supplier selection, Purchasing negotiations, Manager supplier relationships, materials/inventory management. Logistics – the coordinated planning and executing of preparation of packaged product, movement itinerary, product distribution throughout the supply chain. (Distribution/warehousing, infrastructure, packaging, containerization, transportation, documentation, third party management and communication) Reverse Logistics / Upstream – Waste from retail sales that gets pushed back into the supply chain. Such as damages or defects, overproduction, transportation, motion, waiting, inventory, over- processing. Decreasing one of the seven wastes may increase in another. Downstream – Direction that points toward the customers Module 2 Safety stock Inventory – protects against uncertainty in demand, lead time, supply. Not intended for use. This is based on your risk. If your purchasing suppliers are reliable, then they do not require a lot of safety stock. Pipeline inventory – orders that have been placed but not yet received nor paid for by customer. Like water. Vertical integration (Backward OR Forward) – Backward: taking over the role of your supplier. I make my own bread now. Moving in the direction to your supplier. Forward: taking over the role of companies’ closer to the customer. I ship to the customers now.
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