M01 Intro Fall2010 Student

M01 Intro Fall2010 Student - 01 Module 01 Introduction to...

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Module 01 Introduction to Supply Chain Management 01
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Simple Supply Chain Illustration 02
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SCM Definitions 03 Supply Chain Management - Efficient integration of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with delivery of the final product Achieve Goals – Cost, Speed, Quality. . Efficient Execution – Manufacturing, Transport, Storage. . Manage Resources – People, Materials, Machines. .
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The Corporation – Goals and Stakeholders 04 Stakeholders Owners, Investors, Stockholders Managers, Employees AND Business Partners CUSTOMERS!!! Primary Goals - Sustainable Long-term Profits AND Maximize Return on Investment (ROI) How can this be achieved? ROI Formula – Profit/Investment PROFIT FORMULA – Profit = Revenue – Cost Increase Revenue – Provide customer VALUE Control Costs – Increase PRODUCTIVITY, Eliminate Waste Develop Core Competencies - Primary Skill or Knowledge, Intangible. Difficult to learn, copy, acquire. (Intangible!)
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05 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) Buzz Words – Corporate Goals
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Shigeo Shingo’s – 7 Types of Waste 06 1. Defects – Obvious, but could cause additional waste 1. Overproduction – Production used to mask shortcomings 2. Transportation – No value added, Possible loss 3. Motion – Employee and Machines 1. Waiting – Wasted resources during wait 1. Inventory – Not providing a return 1. Over-Processing – Best workers doing most basic tasks
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Buzz Words - Competitive Priorities 07 1. Cost 2. Quality 3. Speed/Time 4. Flexibility Now that you are beginning to understand what supply chains are and what they are attempting to accomplish, these competitive priorities should have greater depth and meaning. Look at a company or a process you are familiar with and consider the competitive priorities utilizing the slides that follow.
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Competitive Priorities - COST 08 When you buy a bottle of water don’t just consider the water! Material Costs
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M01 Intro Fall2010 Student - 01 Module 01 Introduction to...

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