Coyle_Chapter_6_PowerPoint_Slides

Coyle_Chapter_6_PowerPoint_Slides - Chapter 6 Supply Chain...

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Chapter 6 Supply Chain Technology—Managing Information Flows Learning Objectives After reading this chapter, you should be able to do the following: ¨ Appreciate the overall importance of information to supply chain management. ¨ Understand the role of information technology in the supply chain. ¨ Explain the key components of an integrated supply chain information system. ¨ Describe and differentiate between the primary types of supply chain solutions and their capabilities. ¨ Discuss the critical issues in technology selection and implementation processes. ¨ Recognize the role of emerging technologies for improving supply chain information management.
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Information Technology and Supply Chains ¨ Information, along with materials and money, must readily flow across the supply chain to enable the planning, execution, and evaluation of key functions. ¨ Each participant in the supply chain needs relevant information to make effective forecasts and operational decisions. ¨ Existing supply chain information technologies support timely, cost-efficient sharing of information between suppliers, manufacturers, intermediaries, logistics services providers, and customers.
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The Need for Information ¨ information is the lifeline of business, driving effective decisions and actions. It is especially critical to supply chain managers because their direct line of sight to supply chain processes is very limited. ¨ A wide variety of information is needed for a supply chain to perform as anticipated. ¨ The seven R’s ¨ information must be accessible, relevant, accurate, timely, and transferable
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n Information must be: ¨ Accessible ¨ Relevant ¨ Accurate ¨ Timely ¨ Transferable
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Figure 6-2 Six Drivers of Supply Chain Excellence Linked geographically via the internet, extranets etc. to facilitate seamless info sharing All SC has access to info Decisions made about process standardization and strategy development. Analyze all possible options to find best solution to solve problem Manage key activities on an hourly an daily basis to achieve best operation results Rapid response to customer’s requirements for faster, consistent flow of info and materials
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What is common thread running through barriers?
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10 Golden Rules for Success n Secure the commitment of senior management. n
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Coyle_Chapter_6_PowerPoint_Slides - Chapter 6 Supply Chain...

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