This summary/self-made coursebook covers a range of topics including the introduction to supply chain management, strategic supply chain management, global trends, digital supply chains, eCommerce, and outsourcing. The content is well-organized, starting with basic concepts of supply chain manageme...
, Table of Contents
Table of Contents ......................................................................................................................... 1
Module 1: Intro to GSC & Strategic Supply Chain Management ...................................................... 5
1. Supply Chain Management Introduction ........................................................................ 5
What is Supply Chain Management? ................................................................................. 5
What is a disruption of a Supply Chain? ............................................................................ 5
The different entities within the Supply Chain .................................................................. 5
The four flows .................................................................................................................... 6
The top-5 world’s best supply chains ................................................................................. 6
The 5 objectives of SCM..................................................................................................... 6
The 5 benefits of SCM ........................................................................................................ 8
2. What is a warehouse? .................................................................................................. 11
What is a Warehouse? ..................................................................................................... 11
What is a Distribution Center? ......................................................................................... 11
Today’s Warehouses ........................................................................................................ 11
Warehousing Objectives .................................................................................................. 11
Warehousing Functions ................................................................................................... 13
3. Strategy ........................................................................................................................ 17
Business Strategy ............................................................................................................. 17
Organizational Strategy ................................................................................................... 17
Supply Chain Strategy ...................................................................................................... 18
4. Central vs. Decentral .................................................................................................... 18
5. The Right Number......................................................................................................... 19
6. What do we store? ....................................................................................................... 19
Types of Inventory ........................................................................................................... 19
Basics of Inventory ........................................................................................................... 20
Functions of Inventory ..................................................................................................... 22
Safety Stock ..................................................................................................................... 22
Not every item is the same .............................................................................................. 23
7. About variability in the Supply Chain ............................................................................ 24
8. Conflicts of interest ...................................................................................................... 25
Module 2: Global Trends ............................................................................................................ 26
1. Reshaping the Supply Chain.......................................................................................... 26
Vertical vs. Horizontal (& Keiretsu) .................................................................................. 26
Push/Pull & Chain Inversion............................................................................................. 27
1|Page
, 2. Reverse & Circular Logistics .......................................................................................... 31
Circular Logistics .............................................................................................................. 31
Reverse Logistics .............................................................................................................. 31
3. Mass Customization...................................................................................................... 32
4. Nearsourcing, Crowd Sourced Delivery & Q-Commerce ............................................... 33
Nearsourcing ................................................................................................................... 33
Crowd Sourced Delivery................................................................................................... 34
q-Commerce .................................................................................................................... 34
5. Grow Broader ............................................................................................................... 34
6. Containerization ........................................................................................................... 35
7. Relations ....................................................................................................................... 35
8. Continuous Process Improvement ................................................................................ 36
9. City Distribution ............................................................................................................ 37
10. Self-Driving Logistics ..................................................................................................... 37
11. Hyperloop/Cargoloop ................................................................................................... 38
Chapter 3: Digital Supply Chain ................................................................................................... 39
1. A brief history ............................................................................................................... 39
2. Technology Overview ................................................................................................... 40
Whole Technology Framework ........................................................................................ 40
eCommerce Platform ....................................................................................................... 41
ERP – Enterprise Resource Planning Systems .................................................................. 41
APS – Advanced Planning Systems ................................................................................... 42
SCEM – Supply Chain Event Management ....................................................................... 42
WMS – Warehouse Management System ....................................................................... 43
TMS – Transport Management System ............................................................................ 44
T&T – Track & Trace System ............................................................................................ 44
3. AIDT .............................................................................................................................. 45
Introduction ..................................................................................................................... 45
RFID ................................................................................................................................. 45
Voice Picking .................................................................................................................... 46
Smart Glasses................................................................................................................... 46
4. Building a Digital Supply Chain...................................................................................... 46
What & Why .................................................................................................................... 46
8 Key Elements of a DSC .................................................................................................. 47
Technologic Building Blocks ............................................................................................. 48
Chapter 4: eCommerce ............................................................................................................... 51
2|Page
, 1. Facts & Figures.............................................................................................................. 51
2. eCommerce Mechanisms ............................................................................................. 54
eCommerce Value Chain .................................................................................................. 54
The Influence of Social Media .......................................................................................... 55
Long Tail........................................................................................................................... 55
Multi-Channel vs. Cross-Channel ..................................................................................... 56
Customer Service ............................................................................................................. 57
3. Amazon Case ................................................................................................................ 57
4. Zoom on Asia ................................................................................................................ 58
The Great Firewall............................................................................................................ 58
Why Asia, not America? ................................................................................................... 58
The power of WeChat ...................................................................................................... 59
Focus on defining your online future ............................................................................... 59
Alibaba’s global expansion............................................................................................... 59
Focus on India .................................................................................................................. 60
5. Top 10 Trends ............................................................................................................... 60
The fast dominate the slow ............................................................................................. 60
V-Commerce .................................................................................................................... 61
Augmented and Virtual Reality ........................................................................................ 61
Online and Offline hand in hand ...................................................................................... 61
AI & Personalization......................................................................................................... 62
Social Commerce & Photo Shopping ............................................................................... 62
The rise of Ethical eCommerce ........................................................................................ 63
Luxury, Furniture & spare parts ....................................................................................... 63
In-Car-Commerce............................................................................................................. 64
The battle for your payment transaction ......................................................................... 64
6. Supply Chain ................................................................................................................. 64
Chapter 5: Outsourcing ............................................................................................................... 67
1. Introduction .................................................................................................................. 67
2. Definitions .................................................................................................................... 67
Core Competence ............................................................................................................ 67
Outsourcing ..................................................................................................................... 68
Insourcing ........................................................................................................................ 68
Offshoring ........................................................................................................................ 68
3PL vs. 4PL ....................................................................................................................... 68
Virtual Organization ......................................................................................................... 69
3|Page
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 birtheweckx55. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.38. You're not tied to anything after your purchase.
