This contains a detailed summary for the second supply chain management course which is taught in period 3 of the second year of IB. It covers chapters 6, 9, 8, and 10 of the book "supply chain management: a logistics perspective" by Coyle, Langley, Novack, and Gibson. It can be used to prepare for...
Test Bank for Supply Chain Management Logistics Perspective 10th Edition Coyle 9781305859975
COYLE SUPPLY CHAIN MANAGEMENT: A LOGISTICS PERSPECTIVE, 9TH EDITION CHAPTER 1 TEST BANK
COYLE SUPPLY CHAIN MANAGEMENT: A LOGISTICS PERSPECTIVE, 9TH EDITION CHAPTER 1 TEST BANK
All for this textbook (11)
Written for
Hanzehogeschool Groningen (Hanze)
International Business and Management Studies
Supply Chain Management
All documents for this subject (5)
2
reviews
By: liekevanderveer • 2 year ago
By: markijzerman • 4 year ago
Seller
Follow
cxxnxx
Reviews received
Content preview
2020
Supply Chain
Management 2
IB YEAR 2 PERIOD 3
,PRODUCING GOODS AND
SERVICES
THE ROLE OF PRODUCTION OPERATIONS IN SCM
- Form Utility: transformation of a good or service
- Effective Production Operation: design and execute effective processes, make
supply chain tradeoffs, achieve economies of scale, address competition challenges
and other problems
- Process Functionality: ability to perform different processes from those of
competitors to create unique products or services, or to perform the same processes
but better than the competition
- Make-to-stock (MTS)
- Make-to-order MTO)
- Assemble-to-order (ATO)
- Build-to-order (BTO)
- Engineer-to-order (ETO)
- Production Tradeoffs:
- Volume vs. Variety:
- Economies of Scale: higher-volume production with lower cost per
unit of output; suitable in situations where production processes have
high fixed costs and equipment
- Economies of Scope: low-volume production with flexible capabilities
of producing a wide variety of products; important in markets
characterized by changing customer demand
- Responsiveness vs. Efficiency:
- Centralized vs. Regional: centralized production facilities provide
operating cost and inventory efficiencies; regional production facilities
allow companies to be closer to customers and more responsive
- Large vs. Small: larger facilities with excess capacity provide the
flexibility to respond to demand spikes; smaller facilities that are better
utilized are more cost efficient
- Product-focused vs. Process-focused: product-focused facilities
performing many processes on a single product type are more
responsive; process-focused facilities concentrating on a few functions
across multiple product types are more efficient at its limited scope of
activities
- Production Costs vs. Supply Chain Costs: consider different
production/purchasing costs, transportation costs, or inventory/warehouse
costs when deciding between ATO, MTS, and BTO
- In-house (Make) vs. Outsource (Buy): internal production processes are
more directly visible, and quality is easier to control; outsourcing comes with
, lower production costs and frees up resources for other strategic needs but
are more difficult to control over quality, intellectual property rights, and
customer relationships
- Production Challenges:
- Comply with increased regulation and traceability requirements
- Keep up the pace of product innovation
- Overcome a shortage of skilled labor
- Control capital, pay, and benefit costs
- Manage environmental concerns
- Balance productivity throughput with maintenance requirements
- Manage competitive pressure driven by globalization
- Synchronize activities with the supply chain
- Competitive pressure
- Customer’s demand for choice and rapidly changing tastes
- Labor productivity
OPERATIONS STRATEGY AND PLANNING
Production Strategies:
- Mass Production:
- Market differentiator: cost & inventory protection
- Process option: make-to-stock
- Materials release: push
Performance focus: production throughput
- Limitation on producer’s responsive-ness
- Potential for the bullwhip effect
- Lean Manufacturing:
- Market differentiator: quality & waste reduction
- Process option: assemble-to-order
- Materials release: pull
- Performance focus: cost management
- Difficult to achieve economies of scale
- Require technological capabilities to achieve the supply chain visibility and
synchronization
- Increased risk of disruption
- Flexible Manufacturing:
- Market differentiator: availability & leverage resources
- Process option: build-to-order & engineer-to-order
- Materials release: pull
- Performance focus: segment market share
- High capital investment
- System complexity
- Require skilled technician
- Require disciplined & high level of planning
- Reactive Capability: machine flexibility, routing flexibility
- Adaptive Manufacturing:
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 cxxnxx. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.00. You're not tied to anything after your purchase.
