Logistics & Supply Chain(2)

Logistics & Supply Chain(2) - 11-1Logistics and...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 11-1Logistics and Logistics and Supply ChainSupply Chain11-2LogisticsLogisticsThe study and practice of the business, science and art of SupplyMaintenanceTransportationProcurementFUNCTIONS11-3Logistics Pipeline11-4Planning, organizing, directing, & controlling flows of materials Begins with raw materialsContinues through internal operations Ends with distribution of finished goodsInvolves everyone in supply-chainObjective: Maximize value & lower wasteSupply Chain ManagementSupply Chain ManagementYOUDistributorCustomerSupplierSuppliers Supplier11-5Supply Chain Factors Supply Chain Factors in Support of Strategyin Support of StrategyCostResponse times / lead timesMinimize inventoryDifferentiationProduct flexibility / customizationDesign / modernization objectives11-6Global Supply Chain IssuesGlobal Supply Chain IssuesSupply chains in a global environment must:BE INTENSELY MANAGEDEXPLOIT INFORMATION TECHNOLOGY CLOSELY COORDINATE ALL ACTIVITIES OPERATE IN MULTIPLE LOCATIONS11-7Make/Buy ConsiderationsMake/Buy ConsiderationsLower production costUnsuitable suppliersAvoid extra shipping & handlingAssure adequate supplyUtilize in-house laborObtain desired quantityRemove supplier collusionObtain a unique item that would over commit the supplierMaintain organizational talentProtect proprietary design Better control over qualityCONTROLCost savingsGain outside expertise or technologyObtain technical or management abilityInadequate capacityReduce inventory costsEnsure flexibility and alternate source of supplyReciprocitySupplier must protect patent or trade secretsFrees management to focus on core competenciesReasons for MakingReasons for Outsourcing11-8Raw Material(Suppliers)BackwardBackwardIntegrationIntegrationTransformationTransformationForwardForwardIntegrationIntegrationFinished GoodsFinished Goods(Customers)(Customers)Ability to produce goods previously purchasedSetup operationsBuy supplierMake-buy issueMajor financial commitmentHard to do all things well...
View Full Document

This note was uploaded on 02/27/2012 for the course MSOM 301 taught by Professor Bugge during the Spring '12 term at Temple.

Page1 / 24

Logistics & Supply Chain(2) - 11-1Logistics and...

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online