100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary of Supply Chain Management UVT $8.57   Add to cart

Class notes

Summary of Supply Chain Management UVT

2 reviews
 163 views  10 purchases
  • Course
  • Institution
  • Book

This is a summary about all the lectures taught in the course Supply Chain Management. Not only the lecture slides, but also additional notes of self-study are included. This is all you need to know about the lectures from the course Supply Chain Management. Good luck on your exam! Course is taught...

[Show more]

Preview 4 out of 79  pages

  • November 24, 2020
  • 79
  • 2020/2021
  • Class notes
  • Unknown
  • All classes

2  reviews

review-writer-avatar

By: maxwj • 2 year ago

review-writer-avatar

By: joostschuerman • 3 year ago

avatar-seller
SUPPLY CHAIN MANAGEMENT
HOORCOLLEGE 1: INTRODUCTION




All parties involved so that the final product is produced and collected end of life. Until the customer.

What is Supply Chain Management?

Supply chain management is a set of approaches utilized…
to efficiently integrate suppliers, manufacturers, warehouses, and stores….
so that merchandise is produced and distributed at the right quantities, to the right locations, and at
the right time…
in order to minimize system wide costs while satisfying service level requirements.

Other Definitions

• The design and management of seamless, value-added process across organizational
boundaries to meet the real needs of the end customer (Institute for Supply Management)
• Managing supply and demand, sourcing raw materials and parts, manufacturing and
assembly, warehousing and inventory tracking, order entry and order management,
distribution across all channels, and delivery to the customer (The Supply Chain Council)

Challenge: (a) Coordination among partners to (b) match supply with demand

The SCM Network

,The Goods – Services Continuum

Many firms offer a combination of goods and services

• Products are supported by services such as warranties and training
• Services are enhanced through the inclusion of products




Key Observations

• Every facility that impacts costs need to be considered
- Suppliers’ suppliers
- Customers’ customers
• Efficiency and cost-effectiveness throughout the system is required
- Increased pressure for sustainability
- Increased risks/disruptions require agility and resilience
• Multiple levels of activities
- Strategic – Tactical – Operational

What type of questions does SCM address?




What activities constitute SCM?

Supply Chain Management – Strategic

,Supply Chain Management: Tactical & Operational




Agenda:

1. Supply Chains: an evolutionary perspective
2. Matching Supply and Demand
3. Trends and developments

In the beginning




• Fewer channel intermediaries
• Sole suppliers
• Limited interactions and transactions

Henry Ford & Fully Integrated Supply Chains




• Vertical Integration
• Firm boundary was drawn to cover as many activities
• Ford Rouge plant

, Disintegrated with Geographical Proximity Emergence of the Toyota City concept




• Component and material suppliers are different firms
• Located in the same geographical area
• Toyota city

Early Supply Chains

• Geographical proximity
• Integrated ownership structures

Why?

• Transportation slow and costly
• Communication and information exchange challenges

Today’s Supply Chains




• Fragmented supply chains
• SKU proliferation

In contrast to FORD concept

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 vand1407200. 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

Start selling
$8.57  10x  sold
  • (2)
  Add to cart