Summary
Summary Procurement & Supply Chain (+ examples)
- Course
- Institution
Summary of the course Supply chain (Thomas More). Chapter 01-05 Including : - example of exercise made - videos with extra information - Definitions
[Show more]
Seller
Follow
sweet-jasvdb
Content preview
PROCUREMENT AND SUPPLY CHAIN 2020CHAPTER 01 : Supply-chain Basics
TERMS:
WIP = work in progress
DMAIC = Define, measure, analyze, implement , control
TEU = container 1950
RFID= radio frequency identification
EDI= electronic data interchange
E2ESCM = end to end supply chain management
Subsystem = a self-contained system within a larger system
BOM = bill of material (table of content) : telling u everything that contains a finished product (example ;
Ikea)
MHA : material handling equipment : all electrical stuff, even automated stuff , lift something to put in a
rack
SOP : standard operation planning / standard operating procedures
SLA : Service level agreement
Not important
1PL: everything by yourself (one party)
2PL: I produce but with a carrier, (outsource is second party)
3PL: you as company producing logistic and transportation activities + Sub-contractors ( most common)
4PL: no own activities but managing own supply chain
5PL: leveraging the supply chain for different customers under one umbrella
1
,SUPPLY CHAIN CIRCLE:
HISTORY:
1) The Pyramides in EGYPT : LOGISTICS
- Transport of limestone blocks, food, people, mules, equipment, ….
- Via the Nile River + Channel to port of Gizeh
2) ROMANS: Caesar conquered Gaul with 5 legions
- Supply group with 500-550 mules/guides
- Organised attacks + every soldier carried his own equipment
- Romans were first to consider logistics as a seperate division
Roman Roads
- Semi- paved roads
- Easily transport legions and supplies
- Were designed for people, but also carriages
- Optimize communication between different regions
- Network : easier to navigate
- Well protected and patrolled
3) WW2
- Logistics became a key factor in winning and losing a war
TRANSPORT & LOGISTICS & SCM :
Information FLOW
- Example: Flair subscription , you get back information flow (thank u, pay this much)
Cash FLOW
- Sending money to the company
Product FLOW
2
, - The guy that puts it in your mailbox
Retour FLOW
- Sending back a product
DEFINITION
SCM:
- Supply chain management contains the planning and management of all activities involved
in sourcing and procurement, conversion, and all logistics management activities.
- It, also includes coordination and collaboration with the internal/external partners, which
can be suppliers, third-party service providers and customers.
- Essence : SCM integrates supply and demand management within and across companies.
LOGISTICS:
- Logistic management is the part of SCM that plans, implements, and controls the efficient,
effective forward and reverse flow, storage of goods, services, and related information
between point of origin and point of consumption to meet customer’s requirement.
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller sweet-jasvdb. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.57. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now