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Exam summary Logistics&SCM
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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
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