M1 Study Guide

M1 Study Guide - SCM 300 MODULE 01 Study Packet Module 01:...

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SCM 300 – MODULE 01 Study Packet Module 01: Intro to Supply Chain Management This module provides descriptions of some of the key concepts that will be covered in SCM 300. The course will cover Supply Chain Management, Operations, and Process Management. Supply Chain Management includes purchasing, operations, and logistics. A few traditional Operations Management topics will be studied in detail. This module is also intended to illustrate SCM 300’s framework and introduce the key terms that will be used throughout the semester. Reading Assignment Puzzle Textbook 4-27         Concepts   Terms and Lists       Supply Chain and SCM 6-12 Vertically integrated firm 5 Inventory visibility 18 Figure 1.1 7 Reverse logistics activities 7 Demand management 18 Supplier management 17 Supply chain integration 8, 23 JIT or lean production 19 Distribution decision trade-offs 19- 20 1st tier suppliers/customers 9 Four Trends in SCM 24-27 2nd tier suppliers/customers 9 Examples   Business Process Reengineering 13 4-5 3PLs 14 Grebson example 10- 11 Supplier evaluation 17 Wal-Mart Example 15- 16 Supplier certification 17 Global Perspective 21- 23 MRP 18 Vertically integrated firm Supply Chain Management - What is SCM? - Slides 02, 03, 13-18, 21-22 Define Supply Chain Management. What are the keys to successful SCM? Efficient integration of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with delivery of the final product. 1) Achieve goals 2) Efficient Execution 3) Manage Resources Operations Management, Logistics, and Procurement? Can you provide examples of the responsibilities of each? 1) Operations Management – Design, operations and improvement of production system that efficiently transforms outputs. Ex: Process management, scheduling, planning 2) Logistics – The Coordinated planning of: Distribution, preparation, movement, storage Ex: Distributing/warehousing, transporting, packaging, 3 rd party management and communication 3) Procurement – Process of obtaining services, supplies, and equipment. Ex: Supplier Selection, purchasing negotiations, supplier relationship management, materials/inventory management
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M1 Study Guide - SCM 300 MODULE 01 Study Packet Module 01:...

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