Chapter11-part_1 - MSB 354 11 Supply Chain Management 11-1...

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MSB 354 11 Supply Chain Management 11-1
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Operation and Control (tactical decision area) Management of Quality, Quality Control Supply Chain Management Inventory Management Aggregate Planning MRP and ERP JIT and Lean Operations Scheduling Project Management 11-2
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11-3 Learning Objectives Explain what a supply chain is. Explain the need to manage a supply chain and the potential benefits of doing so. Explain the increasing importance of outsourcing . State the objective of supply chain management. List the elements of supply chain management. Identify the strategic, tactical, and operations issues in supply chain management. Describe the bullwhip effect and the reasons why it occurs.
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11-4 Learning Objectives (con.) Explain the value of strategic partnering . Discuss the critical importance of information exchange across a supply chain. Outline the key steps and potential challenges in creating an effective supply chain. Explain the importance of the purchasing function in business organizations. Describe the responsibilities of purchasing. Explain the term value analysis . Identify several guidelines for ethical behavior in purchasing.
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Introduction Most people - not all- who work in any business organizations are somehow involved with supply chain. The Wegmans supermarket chain – the best –run supermarket in U.S. employs about 37,000. E-Mart is the oldest and largest discount store chain in Korea with total sales volume exceeding US$ 9.4 billion in 2009. The value of inventories in supply chain of U.S. companies is over a trillion dollars. 11-5
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11-6 Supply Chain(SC)* A sequence of organizations — their facilities*, functions, and activities**— that are involved in producing and delivering a product or service. The sequence begins with basic suppliers of raw materials and extends all the way to the final customer . * SC involves 3 kinds of movement: material, cash, and information * Supply chain sometimes referred to as value chains
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11-7 Warehouses Factories Processing centers Distribution centers Retail outlets Offices Facilities*
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11-8 Functions and Activities** Forecasting Purchasing Inventory management Information management Quality assurance Scheduling Production and delivery Customer service
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11-9 Typical Supply Chains Purchasing Receiving Storage Operations Storage Production Distribution Every business organization is part of at least one supply chain. Actually, many organizations are part of multiple supply chains. Organizations in a supply chain are both customers and suppliers
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Typical Supply Chain for a Manufacturer Supplier Supplier Supplier Storage } Mfg. Storage
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This note was uploaded on 12/06/2011 for the course MSB 354 taught by Professor Nam during the Fall '11 term at Korea Advanced Institute of Science and Technology.

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Chapter11-part_1 - MSB 354 11 Supply Chain Management 11-1...

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