Chapter 14 - Day 22 Student

Chapter 14 - Day 22 Student - CHAPTER 14 Supply Chain...

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CHAPTER 14 Supply Chain Management © iStockphoto.com/Robert Byron
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LO 1 Define the terms  supply chain  and  supply chain  management,  and discuss the benefits of supply  chain management  LO 2 Discuss the concept of supply chain integration and  explain why each of the six types of integration is  important LO 3 Identify the eight key processes of excellent supply  chain management and discuss how each of these  processes impacts the end customer  Learning Outcomes
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LO 4 Discuss the key strategic decisions  supply chain managers must make  when designing their companies’  supply chains LO 5 Discuss new technology and emerging  trends in supply chain management Learning Outcomes
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Supply Chains Supply Chain The connected chain of all of the  business entities, both internal and  external to the company, that perform  or support the logistics function Supply Chain  Management A management system that  coordinates and integrates all of the  activities performed by supply chain  members into a seamless process, from  the source to the point of  consumption, resulting in enhanced  customer and economic value
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Supply Chain Managers The philosophy behind supply chain  management is that by visualizing the entire  supply chain, supply chain managers can  maximize strengths and efficiencies at each  level of the process to create a highly  competitive, customer-driven supply system  that is able to respond immediately to  changes in supply and demand.
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Supply Chain Managers 6 Supply chain managers are responsible for : § Making strategic decisions § Management of information through  supply chain § Coordinating relationships between  company and external partners
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The Supply Chain Process Communicator of customer demand from point of sale to supplier Physical flow that engineers the process movement of goods Role of Supply Chain  Management http://www.youtube.com/watch?v=6rmV__Yrk7Q 
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Benefits of Supply  Chain Management Supply chain oriented companies  commonly report: Lower inventory, transportation,  warehousing, and packaging costs Greater supply chain flexibility Improved customer service Higher revenues Increased performance and profitability 
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Supply Chain Integration Material and Service Supplier Integration Internal Operations Integration Customer Integration Relationship Integration Measurement Integration Technology and Planning Integration Firm-to-Firm Social Interactions Operational Planning and Control Customer Value Integration Ford - http://www.youtube.com/watch?v=qyO9QSo0FjU  http://azimuth-interactive.com/ESS9_Videos/pdfcases/Chapter09_Case2.pdf 
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Supply Chain Integration Relationship 
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Chapter 14 - Day 22 Student - CHAPTER 14 Supply Chain...

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