311_session_27_supply_chain_coordination

311_session_27_supply_chain_coordination - Supply Chain...

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1 Supply Chain Coordination BUAD311 Session 27
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Upcoming Thursday Quiz 3 on Inventory Management (EOQ from class 4/5, Newsvendor from class 4/7, Multi-period models with uncertain demand from class 4/12) The Goal: Preparation questions are posted under Thursday’s lecture, 4/14. I will not collect; we will use those as guidelines for discussion. 2
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3 Objectives How information and incentives impact the performance of a supply chain? Supply Chain Coordination Vertical Integration
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4 Manufacturers Wholesale  Distributors Suppliers Customers  Information Flow Goods  Flow Retailers A Simplified Supply Chain Revenue Flow
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5 Supply Chain Management (SCM) Supply Chain Management (SCM) concerns the coordination and optimization of all supply, manufacturing, distribution and logistics activities from raw materials to finished goods to the customer. SCM strives to use the supply chain as a mutually beneficial competitive tool.
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6 Multiple Perspectives Raw Materials Suppliers Component Manufacturer Systems Integrator Assembler Integrated Manufacturer Logistics Provider Distributor Customer
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7 SCM Goals Maximize profits of all supply chain partners How to do it? Get the right product, in the right quantity, to the right customer at the right time with minimum cost, proper documentation and financial reconciliation Difficulty: Each partner has its own goal
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Channel Coordination What is channel coordination? Why are channels not coordinated?
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311_session_27_supply_chain_coordination - Supply Chain...

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