Strategic Supply Chain Management Lecture Notes

Both methods deal with the supply, transfer, and handling of goods and people and contribute to an increase in effectiveness. MIT provides students with the opportunity to gain an education in this area of study at no cost. Category management is a strategic process-based approach that "focuses on the vast majority of an organisation's spend on goods and services with third-party suppliers" (O'Brien, 2009:2). Cost analysis. Below are five keys to supply chain management success in the age of the internet of things. The degree prepares students for challenging careers in supply chain management in areas such as transportation, inventory management, strategic sourcing, distribution, customer service, and demand management. Plan — This is the strategic portion of SCM. Admission into the supply. Why do we need supply chain management anyway?!I Reducing cost is at its full potential already by using strategies such as jist-in-time, lean manufacturing, total quality management, and others|before 1990's. Strategic information systems are information systems that are developed in response to corporate business initiative. A more extensive definition is provided by Ross explaining how the e-SCM is a concept that can be described as a network of independent partners who are not only distributers of. If your business is your body, then the supply chain is the bloodstream. Supply Chain Management (3 rd Edition). 5—dc21 2002073544 Editing and origination by Aardvark Editorial, Mendham, Suffolk 10987654321 12 11 10 09. We define a supply chain as a network including the procurement of raw materials, processing of intermediate and finished products, customization of the product for local market needs, and distribution of the product to customers. profit on sale done & give the marketing edge to the product mix. here BA7 051 LSCM Syllabus notes download link is provided and students can download the BA7 051 Syllabus and Lecture Notes and can make use of it. Industrial management. Lecture Notes and Videos Assignments Team Projects Download Course Materials; A selection of lecture notes and class videos are provided as follows: Lecture 1: Introduction to Green Supply Chain Management (PDF - 1. Supply Chain Management (SCM) is an important part of every organization, whether small or large. The supply chain is at the heart of every successful business organization's decision-making process. Supply Chain Mangement is consists of all parties (Including Manufacturer, Marketer, Suppliers, transporters, Warehouses, Retailers and even customers) directly or indirectly involved in fullfilment of a customer. How they are managed greatly affects an organization‘s competitiveness and profitability. With the growing importance of supply-chain management, purchasing has assumed an increasingly pivotal strategic role, evolving from an obscure buying function into a strategic business partner (Ellram and Carr, 1994, Cooper and Ellram, 1993). In addition to a focus on business strategies, collaborative teamwork, strategic leadership, and a curriculum that integrates all functional areas of business, the program offers several concentration opportunities, including supply chain management. Program content will be delivered through lecture, readings, class discussion and interactive simulations conducted by full-time Broad College faculty. Free Logistics and Distribution Courses. Day One: Setting the Strategic Direction. It can be seen from the figure that, in any location in the supply chain, the strategy is vertically integrated, and at the same time the strategies in two adjacent locations are integrated in series. Supply Chain Strategy for a Competitive Advantage. Global Supply Chain Management --- Supply chain is the central nervous system of the global economy. Top management commitment Information must be shared Power and responsibility within an organization might change (for example, contact with customers switches from sales and marketing to logistics) Mutual trust Information sharing Management of the entire supply chain Initial loss of revenues Donglei Du (UNB) SCM 19 / 47. This module will provide you with an in-depth insight into supply chain theory, design and best practice, taking into account issues such as ethics,. with the concept of supply chain management found in the literature analysed. With a multitude of business models, a supply chain solutions provider can offer a tailored menu of services, such as distribution, or a comprehensive solution for enterprise logistics that includes international freight forwarding, domestic logistics, audit services, freight payment, business intelligence, transportation management system technology, and warehouse sourcing. The course is designed to cater for the needs of those employed in all sectors of business including private, public and not-for-profit and who seek advanced knowledge of supply chain networks, procurement. The Purchasing and Supply Chain Management course will show you the integrated approach to planning, acquisition, flow, and distribution, from raw materials to finished products. Such interventions majorly take a form of; collaborative business management, supplier development and market analysis (Online) forecasting in order to promote visibility and accuracy in supply chain management, hence effective service delivery and organization performance (Pay Stream Advisors, 2013). Its strategic importance has not been recognised, and it has been under-capacitated. Black Director, Corporate Administrative Services Expense Management Solutions, Inc. This logistics course particularly suits participants in a line management function where supply chain initiatives are imperative for delivering organisational objectives and competitive advantage. pooling servers; simulating service system; quality management using control charts. Commercial versus Humanitarian Supply Chains Table: Characteristics of Commercial versus Humanitarian Supply Chains Commercial Supply Chain Humanitarian Supply Chain Strategic Goals Usually, to produce high quality Minimize the loss of life and alleviate products at low cost in order suffering. Supply market analysis should be carried out in respect of the purchase. Feb 9 Supply chain strategy: achieving strategic fit (Zara, Dell); dual sourcing; network design; 2 Feb 23 3 Mar 2 4 Mar 9 Supply chain risk sharing contracts 5 Mar 23 6 Mar 30 Supply chain risk pooling: centralization, postponement, Omni channel 7 Apr 6 Supply chain risk hedging 8 Apr 13 Guest Lecture (Date may change). the flexibility with which it can handle changes in these requirements and expectations. STRATEGIC MANAGEMENT COURSE NOTES STRATEGIC ANALYSIS LECTURE 2 – CHAPTER 1 – BUSINESS MODELS – VISION, MISSION, VALUES Learning Objectives: 1. Global SCM: Nov 17, 2009. Supply Chain Management: Review Notes Based on Chopra and Meindl's Book Chopra and Meindl's book, Supply Chain Management: Strategy, Planning, and Operation, is a comprehensive introduction on supply chain management. Hult, G 2008, 'Strategic supply chain management: an emerging concept', in The sage handbook of new approaches in management and organization, SAGE Publications Ltd, London, pp. Supply chain management is an extension of logistic management, in addition to logistic management SCM involves delivering the right product at the right time to the right place and at the right price. profit on sale done & give the marketing edge to the product mix. sales and production department) in a firm. The SC&IS program integrates source (strategic procurement and supply management), make (manufacturing and service operations), deliver (demand fulfillment), and return (reverse logistics, recycle, and remanufacture) processes, along with information systems as the critical enabler of supply chain efficiencies and responsiveness. Driving a successful supply. It can be easily understood in association with traditional production cycles in which some firms are providing raw materials to other firms. In a content analysis, modeling and SCM characteristics as well as sustainability and SSCM constructs are elaborated. Most companies have strategic planning cycles of one to three years, but we have seen companies that literally go decades without re-aligning their supply chain strategy. (CILT) Strategic Supply Chain Management Course Outline Successful competition in a global market requires leading companies to effectively and efficiently manage their supply chains. The activities to be managed may include all or part of the following: Transportation Inventory maintenance Order processing Purchasing Warehousing Materials handling. the author, the discussed concepts could be viewed concerning supply chain risk management. If your business is your body, then the supply chain is the bloodstream. Introduction and context. The supply chain management is developing a set of metric to monitor the supply chain so that it can deliver high qualities and values to customers. field requests for support in building and maintaining sustainable health supply chain management systems in resourcelimited settings in Africa, Latin America and the - Caribbean. Its strategic importance has not been recognised, and it has been under-capacitated. Lecture 1 - Supply Chain Lecture 3 - Value of Information Lecture 4 - Inventory Management Lecture 5 - Configuring Logistics Network Lecture 6 - Procurement & Sourcing Lecture 7 - Strategic Alliances Lecture 8 - Global Logistics and Risk Management Lecture 9 - Supply Chain & Sustainability Lecture 10 - Technology Lecture 11 - Technology. Supply Chain Management (SCM) is the end-to-end management of goods and services on their path from origin to consumer. Oft times I have found that students come into a course that assumes they have knowledge of logistics and the supply chain, but, in. Part A deals with The Role of Procurement and Supply Chain Management organisationally, as well as its strategic and tactical competencies. Value chain analysis is a strategy tool used to analyze internal firm activities. The results mirrored the national Institute for Supply Management’s manufacturing index, which fell to its lowest level since 2009 last month. Supply Chain Management and Logistics, 7-11-14, Page 1 of 4 Indiana Department of Education Academic Standards Course Framework SUPPLY CHAIN MANAGEMENT AND LOGISTICS Supply Chain Management and Logistics is the study of the basic concepts included in the field of logistics and supply chain management. in 422 Quentin Burdick Building. Get an answer for 'Write an essay on the main functions of supply chain management (SCM) and its processes and components. Department: Marketing Description: Analysis and development of integrated physical distribution systems: applications of quantitative methods for regarding movement and storage of raw materials and finished goods. Buy Strategic Supply Chain Management in Process Industries: An Application to Specialty Chemicals Production Network Design (Lecture Notes in Economics and Mathematical Systems) on Amazon. National Director of Client Service Resources Global Professionals - SCM Practice 713-403-1979: Bob. Two journals have an impact factor larger than 7: Journal of Operations Management (7. Course Introduction. As you can imagine, all of the processes and programs that are touched by people are part of the HR Management kingdom. Martin Christopher co-founded the International Journal of Logistics Management and was its joint editor for 18 years. Purchasing and Supply Scheduling Decisions. The main purpose of the healthcare supply chain is to. research within the field of purchasing and supply management PSM. We define a supply chain as a network including the procurement of raw materials, processing of intermediate and finished products, customization of the product for local market needs, and distribution of the product to customers. Logistics Lecture notes Maria Grazia Scutellà Dipartimento di Informatica Università di Pisa September 2015 These notes are related to the course of Logistics held by the author at the University of Pisa. Strategic Supply Chain Management (7102IBA) This course considers the challenges facing the managers of supply networks as they attempt to balance the need for efficiency, effectiveness, sustainability, resilience, security and innovation. COM – Elements of Logistics Management (Additional Notes) SC’OrEBMS. procurement and supply chain management pdf Procurement, and inventory strategies are used to minimize uncertainty, and to build. In case an organization should not have an S&OP process, this may be a good time to develop and implement one as part of their integrated supply chain strategy. Find Articles and Other Documents to Delineate Your Selection, In Relation To Lecture Notes on Procurement and Supply Management. Commercial versus Humanitarian Supply Chains Table: Characteristics of Commercial versus Humanitarian Supply Chains Commercial Supply Chain Humanitarian Supply Chain Strategic Goals Usually, to produce high quality Minimize the loss of life and alleviate products at low cost in order suffering. People who work in Logistics focus on improving the overall performance of the supply chain, to ensure the fastest possible delivery. Strategic information management is a salient feature in the world of information technology. 2 The elements of SCM are summarized below and an explanation of the detailed application of each is contained in subsequent chapters of this Guide. Editor’s Note: This article sets out a simple, elegant, and ultimately tough-minded way to build profitability in a service business. The Specialist Diploma in Supply Chain Management aims to equip participants with current and relevant Supply Chain Management (SCM) knowledge and skills to help them upgrade and advance in their career. Good luck aligning your supply chain with your corporate strategy! I welcome your feedback. Schools offering Global Operations & Supply Chain Management degrees can also be found in these popular choices. SUPPLY CHAIN MANAGEMENT MODEL Elements of supply chain management 1. Inventory-2-S: Nov 12, 2009. Importance of Supply Chain Management In 2000, the US companies spent $1 trillion (10% of GNP) on supply-related activities (movement, storage, and control of products across supply chains). the author, the discussed concepts could be viewed concerning supply chain risk management. Highways England has been set an unprecedented challenge through the first ever Road Investment Strategy (RIS) in terms of investment and performance improvement in operation of the strategic road network, and transforming the experience for road users. Supply Chain Management (SCM) is the management of a network of businesses and organizations to provide products and services based on customer requirements with regard to value, cost and time. Below are five keys to supply chain management success in the age of the internet of things. Supply chain management is a crucial process because an optimized supply chain results in lower costs and a faster production cycle. Category management is a strategic process-based approach that "focuses on the vast majority of an organisation's spend on goods and services with third-party suppliers" (O'Brien, 2009:2). Lankford notes how e-SCM is a combination between the Internet and the supply chain management and the true balance between them [8]. Course notes. The supply chain refers to all of the moving parts from the time a product leaves the manufacturer to when it arrives on a customer’s doorstep. supply chain management for the academia [1] [10]-[12]. Logistics Lecture notes Maria Grazia Scutellà Dipartimento di Informatica Università di Pisa September 2015 These notes are related to the course of Logistics held by the author at the University of Pisa. Another model is the Supply Chain Management floated by the Global Supply Chain Forum (GSCF). Past exam paper are always helpful in preparing of exam. com, rapidgator. These include product development, customers, manufacturing, vendors, and logistics. A number of issues currently facing the. Several case studies were included to support the presented considerations. First, we define and describe the pulp and paper supply chain in Section 2, and then we present a supply chain planning matrix and different specific pulp and paper planning tasks in Section 3. build relationships with their suppliers and practice effective supply chain management to maintain the supply of essential materials. Shortly after your alarm clock goes off and the coffee maker kicks on, the aroma of your favorite coffee fills the air. Concise, easy to reference and topical. the flexibility with which it can handle changes in these requirements and expectations. Know more about logistics and supply chain courses, syllabus and scope. org - You will get FREE world-class procurement training, purchasing training and supply chain management training in this. Includes bibliographical references and index. A supply chain is the network of manufacturers, suppliers and logistics providers needed to get a specific product to your business and, subsequently, your customers. While, it is strongly recommended that you take all courses in this specialization, you do not have to if you believe you already have those skills. 3 % Other** - 2. Strategic sourcing b. Supply chain managers must be able to communicate, collaborate, and coordinate with customers and suppliers. Strategic fit between competitive strategy and supply chain strategy refers to the consistency between the customer needs that the competitive strategy aims to satisfy and the supply chain capabilities that the supply chain strategy aims to build. In some sectors supply chain management is a key activity whilst in others it is somewhat less important. Lecture 1 - Supply Chain Lecture 3 - Value of Information Lecture 4 - Inventory Management Lecture 5 - Configuring Logistics Network Lecture 6 - Procurement & Sourcing Lecture 7 - Strategic Alliances Lecture 8 - Global Logistics and Risk Management Lecture 9 - Supply Chain & Sustainability Lecture 10 - Technology Lecture 11 - Technology. Matching Supply with Demand: Newsvendor model; quantifying value of centralization, postponement, revenue management. We surveyed more than 400 executives in manufacturing and retail across the globe and found that organizations with superior supply chain capabilities demonstrate significantly above average performance on both revenue growth and EBIT measures when compared to industry average: 79 percent of. Long renowned for its supply chain management processes, Walmart incorporates state-of-the-art technology and network systems to predict demand, track inventory levels and plan efficient transportation routes. You will engage with industry and apply your expertise in areas such as logistics management, operations management and global supply chain management. Mattel, Inc. Importantly, it also includes coordination and with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. SCM2220: Transportation Strategy and Policy 1 Course Outline, T01, Fall 2013 Department of Supply Chain Management I. Epp Lecture Notes Systems Analysis and Design in a Changing World, 6th Edition John W. Supply chain management (procurement/sourcing) is more comprehensive (wider in scope), considers value-adding benefits and has strategic focus (competitive advantage) Purchasers: buy goods and services for sue by their business organization. Course Summary Business 315: Logistics & Supply Chain Management has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. Outline the philosophy of supply chain management; Establish a competitive supply. In 2003 agriculture accounted for half of the country’s GDP, provided 51 percent of foreign exchange and employed 80 percent of the labour force (Agricultural Marketing Policy 2005). Special Note: There is a dearth of lecture notes in this course because I felt no real need to supplement the text. looks in much more detail at the management of the supply chain within a manufacturing organisation. Operations Management Course description: This operations management course is intended to be a survey of the operating practices and procedures found in both manufacturing and service delivery firms. Cecil’s consulting experi-ence cuts across a wide range of industries, including such companies as BlueCross BlueShield of North Carolina, Daimler-Benz, John Deere, Duke Energy, Eisai, Ford. the detailed coordination of complex operations involving people, facilities and supplies. The supply chain itself is a system of organizations, people, activities, information, and resources involved in the planning, moving, or storage of a product or service from supplier to customer. Regulatory and competitive pressures are making it inevitable for companies to adopt a green supply chain management framework. End-to-end supply chain management emphasizes communication, collaboration and coordination between a company's supply chain functions and those of its suppliers, customers and service providers. Importance of Supply Chain Management In 2000, the US companies spent $1 trillion (10% of GNP) on supply-related activities (movement, storage, and control of products across supply chains). Supply chain management Supply chain management managing complex and dynamic supply and demand networks. Supply chains comprise the flow of prod- ucts, information, and money. We work in a fast-growing marketplace that has unique demands on the supply chain due to the shelf life of the product and our distributed operation. The execution of an organization’s supply chain strategy is best managed as part of the Sales & Operations Planning (S&OP) process and meetings. Chopra and Meindl stated an important point: no one function can ensure the chain's success. Feb 9 Supply chain strategy: achieving strategic fit (Zara, Dell); dual sourcing; network design; 2 Feb 23 3 Mar 2 4 Mar 9 Supply chain risk sharing contracts 5 Mar 23 6 Mar 30 Supply chain risk pooling: centralization, postponement, Omni channel 7 Apr 6 Supply chain risk hedging 8 Apr 13 Guest Lecture (Date may change). Supply chain management covers the application of procurement, purchasing and supply, logistics, transport, and operations management, within and between international boundaries. The role of information systems in e-business and the impacts of e-business on supply chain management of companies. Searchable replicas of each magazine issue. The class meets every Saturday at 9:00 am. Start studying Supply Chain Management Lecture Notes. Outline the philosophy of supply chain management; Establish a competitive supply. It could facilitate the choice of a supply chain strategy based on the risk analysis. The student will be exposed to leading edge thinking on supply chain strategy as well as practical tools and methods for its implementation. This highly regarded textbook provides in-depth coverage of the principles of operations and supply chain management and explains how to design, implement, and. Importance of Supply Chain Management In 2000, the US companies spent $1 trillion (10% of GNP) on supply-related activities (movement, storage, and control of products across supply chains). Imran khan LECTURE # 1 1 What is Supply Chain. A framework of Supply Chain Management is presented first to create a foundation for in-depth study of the five logistical operations components. Course Summary Business 315: Logistics & Supply Chain Management has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. Strategic Supply Chain Management: Business Strategy: Typically a business strategy among supply chain strategies will outline how to grow the business, how to distinguish the business from the competition and outperform them, how to achieve superior levels of financial and market performance, and how to create or maintain a sustainable competitive edge. The supply chain includes everything involved in the flow of goods from a. End-to-end supply chain management emphasizes communication, collaboration and coordination between a company's supply chain functions and those of its suppliers, customers and service providers. Major economic trends which fundamental influenced the supply chain processes are: ongoing advances in IT-management, increasing cost pressure, underlining the role of quality management and customer satisfaction. [2] Supply. Supply Chain Management Strategy is the indispensable direction for managing a successful supply chain. As part of your journey to complete the Wisconsin MBA Program specialization in supply chain management, we encourage you to research the program specifics below. Learn vocabulary, terms, and more with flashcards, games, and other study tools. practice of supply chain management are discussed, including the global expansion of supply chains; expanding the supply chain's. stored in the supply chain. org UK based international education and qualification body representing purchasing and supply chain professionals. Lankford notes how e-SCM is a combination between the Internet and the supply chain management and the true balance between them [8]. Supply Chain Strategy or Strategic Supply Chain Management is defined as: "A strategy for how the supply chain will function in its environment to meet the goals of the organization's business and organization strategies". Selecting suppliers 3. 1 Green Supply Chain. than the ultimate strategy would be to opt for agile supply chain. SBLM 6020: Global Supply Chain Management. com for the Center for Transportation and Logistics (CTL). Meindl (C&M). 10 Points to Know About Logistics Management and Supply Chain Management - The Supply Chain Management and Logistics Management is an essential factor in the Construction World as there are many things to order, transport, manage and execute. First, we define and describe the pulp and paper supply chain in Section 2, and then we present a supply chain planning matrix and different specific pulp and paper planning tasks in Section 3. pptx from MBA 641 at University of Karachi Dubai. Supplier relationship management (SRM) is the discipline of strategically planning for, and managing, all interactions with third party organizations that supply goods and/or services to an organization in order to maximize the value of those interactions. MIT OpenCourseWare is a free & open publication of material from thousands of MIT courses,. 1 Green Supply Chain. Value chain analysis is a strategy tool used to analyze internal firm activities. NDSU alumnus Marc Scott, assistant professor of logistics in the Department of Supply Chain Management at the University of Arkansas' Sam M. 8 Value chains 98 3. Zara's vertically integrated supply chain system enabled the company to place the latest designs in any store across the world within a period of two to. Supply Chain Management and Logistics, 7-11-14, Page 1 of 4 Indiana Department of Education Academic Standards Course Framework SUPPLY CHAIN MANAGEMENT AND LOGISTICS Supply Chain Management and Logistics is the study of the basic concepts included in the field of logistics and supply chain management. Supply Chain Management i About the Tutorial Supply Chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the product's consumption at the end-user. Vanany et al. In fact, most people using the name supply chain management treat it as a synonym for logistics or as logistics that includes customers and suppliers. Students can learn the necessary skills to work in supply chain management through Alison's free, online supply chain management courses. Strategic Sourcing is the Cornerstone of Supply Chain Management. Admission into the supply. 1 What is the Supply Chain Management purchasing, transportation, and Donovan proudly notes that this radical change was achieved with technologies the Related searches for strategic purchasing and supply m…. There's some truth to this definition, but supply chain strategy really is broader; it defines how the supply chain should operate in order to compete. 0 Elements of Supply Chain Management A simple supply chain is the integration of business process from the end customers through original suppliers that provide products, services and information, and the function of supply chain management is to plan, guide and coordinate all the supply chain’s activities. Wieland/Wallenburg, 2011) Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain. ̥ Most people do not perceive a difference between supply chain strategy and supply chain management (58 percent) ̥ Managers often fail to explain major changes to the supply chain in terms of either supply chain strategy or tactics (30 percent responded sometimes, 23 percent said rarely, and 7. on StudyBlue. The aim of GBAT9102 and this course on supply chain management is to bring together related, but traditionally separate sub-disciplines, so that together the two courses form a complete course in operations management. 6 Supply chain vulnerability 97 3. His work in the field of logistics and supply chain management has gained international recognition. The course explores the major elements of the supply chain, and exposes students to leading edge thinking on supply chain strategy as well as practical tools and methods for its implementation. Introduction to Supply Chain Management. Epp Lecture Notes Systems Analysis and Design in a Changing World, 6th Edition John W. Business Insider logo The words "Business Insider". 3 describes the main ingredients of a sustainable supply chain strategy identified in the course of the bestLog project research. Supply Chain activities can be grouped into strategic, tactical and operational level of activities. Also supporting Fletcher’s belief in PE is the fact that it’s private ownership. Such interventions majorly take a form of; collaborative business management, supplier development and market analysis (Online) forecasting in order to promote visibility and accuracy in supply chain management, hence effective service delivery and organization performance (Pay Stream Advisors, 2013). MBA Elective: Supply Chain Management 4 Reading and Lecture Notes I will roughly follow this text: 1 Chopra, S. Other Notes. An overview of supply chain concepts and examples from Supply Chain Management encompasses a number of key activities - Low cost alone is not a competitive. As one example, one auto manufacturer has 12 thousand suppliers, 70 plants,. Free Logistics and Distribution Courses. Select the business process map (BPM) diagram that you want to view. Wisner, Keah-Choon Tan, G. Its strategic importance has not been recognised, and it has been under-capacitated. The global supply chain journey has four stages: supplier, manufacturer, distributor and customer. 0 in consumer goods. It has both master plan and operations importance and impact. Supply Chain Management (SCM) is the management of a network of businesses and organizations to provide products and services based on customer requirements with regard to value, cost and time. While, it is strongly recommended that you take all courses in this specialization, you do not have to if you believe you already have those skills. , concepts and principles at a basic (undergraduate, BS) level, more advanced topics at a graduate level (MS), and finally recent (state-of-the-art. The supply chain is going through a period of unprecedented transformation. Inventory-2-S: Nov 12, 2009. been selected and how these processes have incorporated flexibility in supply chain management. Stevens, who was a senior managing consultant at Peat Marwick McLintock in London published the. ISBN 0–333–96369–5 (paper) 1. On 8 October during university devotional, BYU Marriott School of Business dean Brigitte Madrian helped students to see the value in finding gospel connections from cherished childhood stories. 1 What is the Supply Chain Management purchasing, transportation, and Donovan proudly notes that this radical change was achieved with technologies the Related searches for strategic purchasing and supply m…. 00pm Inventory Management & Bullwhip Effect. The results mirrored the national Institute for Supply Management’s manufacturing index, which fell to its lowest level since 2009 last month. Supply Chain Management Supply Chain Management: Optimized Chain = Greater Customer Value. Strategic Value Creation in a Supply Chain HI, with more interaction among the supply chain partners, appears to be a more appr opriate choice for business due to its collaboration-fr iendly setting. procurement and supply chain management pdf Procurement, and inventory strategies are used to minimize uncertainty, and to build. SES # Summary Lecture on Facilities Strategy and might add value or support the business strategy? 12: The Supply Chain (cont. The advantages of supply chain management are numerous, like the reduction of product losses, increase in sales, reduction of transaction costs, a better control of product quality and safety and the dissemination of technology, capital and knowledge among the chain partners. Strategic information systems are information systems that are developed in response to corporate business initiative. Globalization is defined as “the interdependence of economies globally that results from the growing volume and variety of international transactions in goods, services, and capital, and also. purchasing and supplies lecture. Driving Strategic Innovation: Achieving High Performance Throughout the Value Chain Dates: Feb 23-28, 2020 | Sep 20-25, 2020 This joint program with IMD helps business leaders successfully manage innovation from concept to commercialization. The Difference between Logistics and Supply Chain Management. Logistics and Supply Chain Management are often used to describe the same business operations practices, which can be argued as technically accurate. with the concept of supply chain management found in the literature analysed. On 8 October during university devotional, BYU Marriott School of Business dean Brigitte Madrian helped students to see the value in finding gospel connections from cherished childhood stories. Strategic Supply Chain Management (7102IBA) This course considers the challenges facing the managers of supply networks as they attempt to balance the need for efficiency, effectiveness, sustainability, resilience, security and innovation. a supply chain strategic planning framework Matthew J. While firms generally do not plan an inventory management strategy of lost sales, many do plan a strategy of allowing backorders. HR Management is the key function within an organization that focuses on the recruitment, management and providing direction for the people who work in an organization. decided to study in Supply Chain Management field abroad and chose Sweden. Center for Supply Chain Research™. 4 percent said never). Management 5. STRATEGIC MANAGEMENT COURSE NOTES STRATEGIC ANALYSIS LECTURE 2 – CHAPTER 1 – BUSINESS MODELS – VISION, MISSION, VALUES Learning Objectives: 1. Examination Question of SUPPLY CHAIN MANAGEMENT - BPUT - 2018, Engineering Class handwritten notes, exam notes, previous year questions, PDF free download LectureNotes. 8 Value chains 98 3. com FREE SHIPPING on qualified orders. The trouble is that all too often the real meaning is lost. It can be easily understood in association with traditional production cycles in which some firms are providing raw materials to other firms. His work focuses on operations strategy, restructuring, and supply chain management. Classes include lecture notes or readings to assist students with their online learning. Operations Management Course description: This operations management course is intended to be a survey of the operating practices and procedures found in both manufacturing and service delivery firms. Summary: Strategic Supply Chain Management Notes Lecture articles for week 4 Notes from lecture and papers. sales and production department) in a firm. build relationships with their suppliers and practice effective supply chain management to maintain the supply of essential materials. hp-Supply Chain: Nov 17, 2009. SCOR is a supply chain management model promoted by the supply chain council. Supply chain managers put leadership skills to use by overseeing the process of moving a product from the supplier to the customer. Download it once and read it on your Kindle device, PC, phones or tablets. Strategic Supply Chain Management Chapter – 2 Lecture Notes Supply Chain Performance: Achieving Strategic Fit and Scope Chapter # 2 Outline 1) Competitive and supply chain strategies 2) Achieving strategic fit 3) Expanding strategic scope Competitive and Supply Chain Strategies Competitive strategy: A company’s competitive strategy defines, relative to its competitors, the set of customer. Inventory and EOQ Models. End-to-end supply chain management emphasizes communication, collaboration and coordination between a company's supply chain functions and those of its suppliers, customers and service providers. US mine to battery to EV supply chain. The differences between channels of distribution, such as specific customer or product needs, can have a major impact on supply chain solutions. Course Procedures: 1. Supply Chain Strategy for a Competitive Advantage. This certificate is designed to qualify the learners to compete in the emerging job market of procurement management. To unlock this lesson you must be a Study. Supply Chain Management Notes & Video Lectures What is Supply Chain Management? A supply chain is a “global network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical. The ultimate goal of an effective and comprehensive supply chain risk management strategy is to embed risk awareness into all the core elements of the organization, from the C-suite through supervisors and department heads across the various supply chain functions. Proper alignment with the business strategy is essential to ensure strong overall perfor - mance. Order systems 6. FAVRE -- 4/1/1997 To balance customers' demands with the need for profitable growth, many companies have moved aggressively to improve supply chain management. Broad’s online Master of Science in Management, Strategy and Leadership empowers students to combine various professional experiences with management theory and real-world applications. Free logistics and distribution courses are available online. Operations Management Course description: This operations management course is intended to be a survey of the operating practices and procedures found in both manufacturing and service delivery firms. Accountable owner and operator. The definition of "supply chain" seems to be more common across authors than the definition of "supply chain management" (Cooper and Ellram 1993; La Londe and Masters 1994; Lambert, Stock, and Ellram 1998). These include the concepts of inventory, purchasing, and physical distribution. Receive email updates on Supply Chain Strategy and Management Save Program Led by world experts, this practice-oriented supply chain management course investigates a robust MIT framework for better managing supply chains in today's rapidly changing markets. Supply chain management is the management of upstream and downstream relationship with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. Prerequisites: None In this course, students are presented with a conceptual framework for understanding Supply Chain Management (SCM). Production and Operations Management Notes for MBA Pdf. Order Processing and Information Systems. The duration of each lecture will be two hours (24 total contact hours). Supply Chain Strategy Execution. Epp Lecture Notes Systems Analysis and Design in a Changing World, 6th Edition John W. Category management is a strategic process-based approach that "focuses on the vast majority of an organisation's spend on goods and services with third-party suppliers" (O'Brien, 2009:2). Technology. Define strategic management and its four key attributes Define: strategic management - 'consisting of the analyses, decisions and actions an organisation undertakes to create and sustain. Looking to the future of supply chain. His research interests include strategic management, entrepreneurship, research methods, and strategic supply-chain management. Introduction and context. David Lascelles, Supply Chain Planning UK Limited High Impact Supply Chains Supply chain excellence has a real impact on business strategy. They both are the study material from the exam. In a content analysis, modeling and SCM characteristics as well as sustainability and SSCM constructs are elaborated. Center for Supply Chain Research™. Lecture Notes Course notes. Supply chain management activities are all efforts made to improve efficiency and effectiveness across all stages along the way. supply chain management. Looking to the future of supply chain. a supply chain strategic planning framework Matthew J. A number of issues currently facing the. 4 Supply chains 89 3. Most of us probably have at some point or another. Top management commitment Information must be shared Power and responsibility within an organization might change (for example, contact with customers switches from sales and marketing to logistics) Mutual trust Information sharing Management of the entire supply chain Initial loss of revenues Donglei Du (UNB) SCM 19 / 47. Strategy 5: Embed sustainability into supply chain operations. To familiarize the students. al; 2007) in research on barriers to supply chain information integration explored that adoption of E-business into supply chain function is slower than expected These barriers are poor strategic alignment of information strategies, lack of awareness of potential benefits of IT adoption, lack of managerial leadership and thrift in. often confused with supply chain management, where supply chain operations are controlled to reduce costs. Global SCM: Nov 17, 2009. Supply chain consists of all activities involved in fulfilling a customer request. Tier 1 Supplier. Strategic Supply Chain Management Chapter – 2 Lecture Notes Supply Chain Performance: Achieving Strategic Fit and Scope Chapter # 2 Outline 1) Competitive and supply chain strategies 2) Achieving strategic fit 3) Expanding strategic scope Competitive and Supply Chain Strategies Competitive strategy: A company’s competitive strategy defines, relative to its competitors, the set of customer. pooling servers; simulating service system; quality management using control charts. Admission into the supply. MBA Elective: Supply Chain Management 4 Reading and Lecture Notes I will roughly follow this text: 1 Chopra, S. The Supply Chain Management project is intended to conceptualise a comprehensive programme to address these key challenges, by proposing strategic priorities in respect of the designated work stream and interrelated interventions that will produce the desired outcome for the province. As part of your journey to complete the Wisconsin MBA Program specialization in supply chain management, we encourage you to research the program specifics below. Logistics : an introduction to supply chain management / Donald Waters. Achieving Purchasing and Supply Chain Benefits 15 The Supply Chain Umbrella 15 Management Activities 15 Four Enablers of Purchasing and Supply Chain Management 17 Capable Human Resources 19 Proper Organizational Design 19 Real-Time and Shared Information Technology Capabilities 20 Right Measures and Measurement Systems 21 The Evolution of. Supply chain management (SCM) encompasses not only the design and planning of supply chain activities, but also the execution, control, and monitoring that help companies to build a competitive infrastructure and create net value. Northeast Supply Chain Conference Effective Supplier Relationship Management Joseph C. SUPPLY CHAIN MANAGEMENT LECTURE SUMMARY. He is now working on his master thesis.