Supply Chain Management

Supply Chain Management

1. Sourcing Issues

   • Make-or-Buy Decisions
     • Manufacturers
     • Restaurants
     • assemblers of products
   • Outsourcing
     • Transfers
       • Internal activities
         • outside vendors
       • Resources

2. Sourcing Strategies

   • Many Suppliers
     • Suppliers vs Suppliers
       • wins the
         • Best Quality
         • Low cost
         • Fast delivery
   • Few Suppliers
     • Suppliers
       • long-term relationship
         • design innovations
         • technological expertise
       • change the cost
   • Vertical Integration
     • ability to produce
       • Goods
       • Services
     • integration
       • forward
         • Realize the components
       • backward
         • purchase its suppliers
     • Advantage
       • Cost reduction
       • higher quality
       • timely delivery
       • inventory reduction
   • Joint Ventures
     • They improve
       • new product prowess
       • technological skills
       • Costs
   • Keiretsu Networks
   • Keiretsu Networks
     • part collaboration
       • manufacturers
       • suppliers
   • Virtual Companies
     • It depends
       • stable supplier relationships
     • Adventage
       • low capital investment
       • flexibility
       • speed

3. Supply Chain Risk

   • increase in delivery time
     • Careful selection of suppliers
   • high costs
   • Outsourcing
     • perform the service yourself

4. Manage the chain

   • Issues
     • local optimization
     • incentives
     • large lots
   • Opportunities
     • Accurate “Pull” Data
       • point-of-sales
       • computer-assisted ordering
     • Lot Size Reduction
     • Single-Stage Control of Replenishment
     • Vendor-Managed Inventory
     • Collaborative Planning, Forecasting, and Replenishment (CPFR)
     • Blanket Orders
     • Standardization
     • Postponement
     • Electronic Ordering and Funds Transfer
     • Drop Shipping and Special Packaging

5. Building the Supply Base

   • Supplier Evaluation
     • potential
     • quality
   • Supplier Development
     • quality requirements
     • delivery
     • procurement policies
   • Negotiations
     • Cost-Based Price Model
     • Market-Based Price Model
     • Competitive Bidding
   • Contracting
     • share
       • risks
       • benefits
       • Create incentive structures
   • Centralized Purchasing
     • benefits
       • better pricing
       • Develop specialized
       • Develop specialized
       • Reduce the duplication of tasks
       • Promote standardization
   • E-Procurement
     • Online Catalogs and Exchanges
     • Online Auctions

6. Logistics Management

   • Shipping Systems
     • Trucking
     • Railroads
     • Airfreight
     • Waterways
     • Pipelines
     • Multimodal
   • Warehousing
     • warehouse is to store goods
     • shipments from multiple
   • Third-Party Logistics
     • added innovation
     • expertise to the logistics system

7. Ethics

   • Personal Ethics
     • Avoid perceived impropriety
     • Promote and uphold responsibilities to one’s employer
   • Ethics Within the Supply Chain
   • Ethical Behavior Regarding the Environment

8. Measuring Supply Chain Performance

   • Assets Committed to Inventory
     • money invested in inventory,
     • inventory turnover
   • Benchmarking the Supply Chain
   • The SCOR Model
     • Supply chain reliability
     • Supply chain responsiveness
     • Supply chain agility
     • Supply chain costs
     • Supply chain asset management