chapter 15.docx - chapter 15 Lecture on chapter 15 Global...

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chapter 15 Lecture on chapter 15 Global Production in Supply Chain management as trade barriers fall in global markets development firms increasingly confronts a set of interrelated issues first where in the world should production activities be located should they be concentrated in a single country or should they be dispersed around the globe matching the type of activity was country differences in factors of cost trade barriers political risk and the like to minimize costs and maximize added value second what should be the long-term strategic role as a foreign production site third should the firm owned the foreign production activities or is it better to Outsource those activities to Independent then vendors 4th house globally dispersed supply chain be managed and what is the role of Information Technology in the management of global logistics purchasing and operations fifth similar to issues of production company manage Global Supply change itself or should it Outsource the management the Enterprises that specialize in this activity Global supply chain and Technology to cost efficiency what will it do to for us to reach the customers on page 407 all right we take a look at some value creation activities production in Supply Chain management and attempts to clarify how they might be performed International E21 lower the cost of value creation and to add value by better serving customer needs now the textbook uses production to denote both service and Manufacturing activities because either a service or physical product can be produced firms Outsource the production of certain service activities developing nations or labor cost of course are lower and Supply Chain management is the integration and coordination of logistics purchasing operations and Market Channel activities from raw materials to the End customer Logistics are critical functions purchasing represents the part of the supply chain that involves worldwide buying of raw materials component parts and products used in Manufacturing Company products and services Logistics is part of the supply chain the plans implements and controls the effective Lowe's and inventory of raw material component parts and products used in manufacturing and we moved from raw materials to finish good as a low as possible for Value to predict to the End customer cost can also be cut by May supply chain effectively to better match supply and demand and this involves both coordination and integration the supply chain functions inside a global company here are two terms upstream and downstream the Upstream supply chain includes all the organization such as suppliers and resources that are involved in the portion of the supply chain from raw materials production facility also called inbound supply chain the downstream supply chain includes all the organizations wholesalers and retailers that are involved in the portion of the supply chain from the production facility to the end consumer this is sometimes

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