The WORLD of Supply Chains By Vinodh SoundarajanFor Vignana Jyoti Institute of Management
Curious concepts• Automobile Painting assembly – Light to Dark• From Dipstick reading to Telemetry• Bin Packing• Travelling Salesperson, Milk run• Airline/Crew Scheduling• Revenue per Available Seat Mile (R/ASM)• … and many many more….
Strategic Supply Chain ManagementLong-term Decisions• Product life cycle management - new and existing products can be optimally integrated into the supply chain and capacity management activities.• Purchasing – Sourcing, SRM• Network - network optimization, including the number, location, and size of warehousing, distribution centers, and facilities.• Manufacturing– Lean, Inventory/JIT, Master Planning and Scheduling• Alliance/partnerships - with suppliers, distributors, and customers, Build vs Buy decisions• Logistics - cross docking, direct shipping, and third-party logistics.• Information technology operations.• Training
Tactical Supply Chain Planning & OptimizationMedium/Short-term Decisions• Product life cycle management – New Products in pipeline, Orders to be fulfillment, Demand Forecasting• Purchasing –Negotiations, Contracts, Rates• Network - Right amount of raw materials and finished goods at the right place at right time, Fulfillment• Manufacturing– Lean, Inventory/JIT, Monthly Production Planning and machine Scheduling• Logistics - Routes, Shipping modes, Carrier/Rate selection, Reverse Logistics• Information technology.• Training
Supply Chain Execution and Event ManagementDaily Decisions• Daily production and distribution planning, including all nodes in the supply chain.• Production scheduling for each manufacturing facility in the supply chain (minute by minute), including the consumption of materials and flow of finished goods.• Demand planning and forecasting, coordinating the demand forecast of all customers and sharing the forecast with all suppliers.• Sourcing planning, including current inventory and forecast demand, in collaboration with all suppliers.• Inbound operations, including transportation from suppliers and receiving inventory.• Outbound operations, including all fulfillment activities, warehousing and transportation to customers.• From production level to supply level accounting all transit damage cases & arrange to settlement at customer level by maintaining company loss through insurance company.