Summary
Exam summary Logistics&SCM
- Course
- Institution
PDF where the essence of the class is captured.
[Show more]
Seller
Follow
lenamaes
Content preview
Chapter 1 : Introductionevolution
of logistics
1. 1 .
The and SCM
reduced transport intensity of freight ( value / volume 1
falling product prices + P competition =
reduced costs
6
key developments deregulation of transport positive cheaper ) ; public private c →
productivity improvements containerization { technology
emphasis inventory reduction JIT deliveries
on
company structure specialization { outsourcing
in
changes
↳
less
vertically
1. 2 .
What is
logistics
getting the
right -
product Logistics management
flow within
-
way
=
optimizing company
quantity 4
quality b
-
-
peace & time
serving customers in the
customer 4 most efficient
cost
way
-
1.3 . What is SCM
↳
supply chain management
supplier → customer
↳
end -
to -
end perspective
to
push us pull
b
|
supplier
customer
decides
decides
↳
customer → supplier
1. 4 .
distinguishing logistics & SCM
↳
oroaaen than 1
company
within a
company ; part of SCM
1. 5 .
application to
manufacturing 4 services
used to
generate cost savings
service enhancements
chapter 2 :
globalization & international trade
2. 1 in international trade
.
growth
reduction in trade barriers increased demand
for international
trade
agreements transport
WTO , IMF , world bank , OECD
product tourism → & balance between
free trade a protectionism
technology advancements
, trade concentrated in countries
global
→
few
industrialized countries
often western
trade
defeat → bot = -
? growing importance of China ?
trade surplus → bot =
+
2. 2 . containers : the humble hero
driver
g globalization quicker
→
[
b. sager
more cost -
efficient
2.3 .
Measuring logistics performance
customs
infrastructure
international shipments
LPI dimensions logistics
global 6 key competence
→
tracking 4 tracing
timeliness
2. 4 .
Globalization
=
transformation of
national economies into an interdependent integrated global
,
economic
system
different stages : ① countries begin to trade w/ each other
② establishment of
presence in overseas markets
f. MNCs →
operations in countries other than home
country
/ truly
TNCS trade across borders
many
→
operations in countries
many global
ethnocentricity →
only
in terms
of home
country
adaptation ? poeycentricity →
adopts country
host perspective
geocentrically →
global perspective w/ local adaptations
2. 5 .
Directional imbalances
mismatches in
=
volume a
type of freight moving in opposite directions in a
freight market
& to prevent containers travelling empty repositioned
f. shared
chapter 3 chain relationships
:
supply
3.1 .
Globalization of supply chains
f outsourcing
→
global competition ,
sourcing , 4 Offshoring
Asia
high of levels customer awareness [ ,
India ,
China I
4 expectations , . _ .
, 3.2 .
Outsourcing
=
transferring a process party to a third
→
good supplier relationship management
→
SLA
suppliers organization :
① OEM ;
final producer
who carries the brand
② first-tier suppliers
③ second-tier suppliers
3.3 .
Offshoring
=
transferring process to a lower cost country while still having ownership
4 control
3. 4 .
failures in outsourcing
near
snoring =
neighbouring country
re snoring =
going back
right snoring =
right combination
3.5 .
evaluating 4 selecting
outsources
order
qualifiers reliability , quality ,
delivery lead time .
discounts .
CSR ,
. --
Est → used to assess level of differences between working environments
higher value =
higher differences % can change
& price is not the
only criteria
3. 6 .
Outsources & outsource relationship development
① Master
stage outsources sets expectations low driver cost
servant
-
,
② Consultative stage outsources consults outsource
quality reliability 4 respons ,
③ Peer to Peer relationship stage ideal intense collaboration win win
- -
, ,
-
⑥ Competitive outsource takes lead competes outsources
stage ,
w/
global
3.7 .
supply chain integration
integration =
alignment 4 interlinking of business processes
collaboration =
relationship between supply chain partners
internal integration vs .
external integration
within within chain
an
organization whole
supply
EDI & Keiretsu structure
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 lenamaes. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.63. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now