SCM300 - Module 1

SCM300 - Module 1 - SCM 300 MODULE 01 Study Packet Module...

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SCM 300 – MODULE 01 Study Packet Module 01: Intro to SCM, Operations, and Processes This module provides descriptions of some of the key concepts that will be covered in SCM 300. The course will cover Supply Chain Management, Operations, and Process Management. Supply Chain Management includes purchasing, operations, and logistics. A few traditional Operations Management topics will be studied in detail. This module is also intended to illustrate SCM 300’s framework and introduce the key terms that will be used throughout the semester. Reading Assignments Text: YOGA Cover Pages: 1-8, 10-18, 250-257 Key SCM 300 Terminology – Slides 02-03, 11-18, and 21-27 Why must organizations understand what they have/need? Resources, Skills, Core Competencies , etc. o They need to know their tangible assets (can touch) such as human resources, materials facilities, capital equipment, capital (cash, stock, bonds), and infrastructure o They also need to know intangible assets such as brand, image, skills, capabilities, relationships and core competencies (primary skill or knowledge, intangible, difficult to learn, copy, acquire, what are we primarily good or better at?) o They must know everything that they have so that they can determine what exactly they will be producing, and once this is decided they will need to know what is needed to produce this product. o Definitely need to know core competencies so they do not try to do something that is beyond what they are capable of What is a Business Model ? What are some basic business models? Why is it important to understand a business model before making supply chain decisions? Be able to describe companies using terms on Slide 11. o Is business model is the mechanism by which a business intends to generate revenue and profits. It is a summary of how a company plans to serve its customer at the strategic level o Some basic business models are: Business to consumer (B2C)- ex: Amazon, Best Buy, Burger King, Dillard’s Business to business (B2B)- ex: DHL cargo, Boeing, Consulting/ Marketing agencies Both B2B and B2C- ex: IBM, Ford, Dell, Sprint PCS Brick and Mortar- land based commerce only (out of a store) ex: Burger King, Circle K Internet only retailers- net commerce only (online) ex: Amazon.com, Overstock.com Click and Mortar- land and net commerce (both) ex: Barnes and Noble, Best Buy o It is important to understand what model you will be so you know what you are up against (what your competitors are doing) and how do what they are doing, but better and cheaper Do you understand the Plan, Execute, Measure, and Improve model? o Plan- what needs to get done? Goals? How, when, and why?
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This note was uploaded on 04/10/2008 for the course SCM 300 taught by Professor D during the Fall '07 term at ASU.

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SCM300 - Module 1 - SCM 300 MODULE 01 Study Packet Module...

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