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The document discusses supply chain management. It outlines the key components of a supply chain including procurement, manufacturing, logistics, and transportation. The goals of supply chain management are to generate profit, cut costs, and create great products by getting the right products to customers at the right time. An effective supply chain manager aims to be efficient, effective, and adaptable. The document also discusses supplier relationships, manufacturing and operations, logistics, transportation methods, sustainability, and concludes that supply chains are essential to business success.
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The document provides an overview of supply chain management. It discusses key concepts like the components of a supply chain including suppliers, facilities, functions, and activities. It also covers topics such as supply chain management, global supply chains, procurement, inventory management, logistics, and challenges in creating an effective supply chain. The overall goal of supply chain management is to match supply and demand as effectively and efficiently as possible.
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This document provides an overview of supply chain management. It defines supply chain management as coordinating the purchasing of materials, manufacturing and operations, logistics and transportation, with the ultimate goal of satisfying customers. Effective supply chain management requires balancing costs, quality, and speed across procurement, manufacturing, logistics, and ensuring integration and communication between all parts of the supply chain. Common challenges include managing global supply chains with employees, partnerships, and customers in different countries and cultures.
Final Project finished
The document provides evaluation criteria for rating suppliers on various metrics such as delivery performance, financial stability, customer satisfaction, and pricing. It summarizes evaluations of two pencil suppliers: a domestic US supplier scoring 66.6 and an international Chinese supplier scoring 98. Both suppliers are rated on a 100-point scale across multiple categories.
Supply chain management
The document discusses supply chain management. It defines supply chain management as strategically managing all activities involved in acquiring raw materials, converting them into finished goods, and delivering products to customers. It describes elements of effective supply chains like minimizing cycle times, demand forecast collaboration, and delaying product differentiation. It also provides examples of companies with efficient supply chains like Dell and Li & Fung that tightly coordinate activities across their virtual networks.
Introduction to Merchandising
The document discusses the importance of merchandising in the textile industry, outlining key merchandising concepts like the fashion cycle, forecasting, costing, and planning tools. It also covers international marketing strategies and documentation for exports. Several factors that affect business success are explained, including proper planning, sourcing, purchasing, sampling, production, packaging, and timely delivery.
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Lynda #1 presentation
- 1. Supply Chain Foundations BY RYAN V. KING
- 2. Supply Chain Management Right thing to the right place at the right time Supply chains are the muscles and bones of a business
- 3. Parts of Supply Chain Procurement- Acquire materials Manufacturing & Operations- Making the product Logistics and Transportation- Transporting goods to customers
- 4. Supply Chain Goals Generate profit Cut costs Create great products
- 5. Supply Chain Goals Cont’d Dual contributors to profit 1. Make great products that arrive on time 2. Cut costs by eliminating waste Know what the customer desires 1. Cost 2. Quality 3. Speed 4. Flexibility Provide customer value and eliminate waste
- 6. Supply Chain Manager Goals Be Effective Be Efficient Be Adaptable
- 7. Choosing Suppliers CONSISTENT HIGH-QUALITY PRODUCTS AVAILABLE AT ANY MOMENT
- 8. Good Buyer and Supplier relationships Both share needs Observe each other Discuss levels of happiness 1. Scorecards Work together to innovate
- 9. Manufacturing & Operations Design & Marketing Supply Chain 1. Labor 2. Materials 3. Manufacturing process 4. Quality 5. Consistency Communication
- 10. Business Logistics Laws Documentation Transportation Insurance Packaging Security Personnel Crisis & Backup plans
- 11. Packaging Must plan for efficient transportation Understand desired shelving space Planogram 1. Map where each and every item is placed on the shelves.
- 12. Containerization Safe & Efficient travel 1. Easy loading and unloading 2. Products pass through fewer hands 3. Increase perishable product travel
- 13. Modes of Transportation Trucks Trains Airplanes Ships Pipelines Digital Distribution
- 14. Delivering Products Distribution Center 1. Acts as a hub 2. Holds products for 48 hours or less 3. Cost efficient 4. Decreases amount of transportation Warehouses 1. Pick & Pack 2. Label 3. Returning 4. Repairing
- 15. Logistic Stages SUPPLIER TO MANUFACTURER, TO DISTRIBUTION CENTER DISTRIBUTION CENTER TO RETAIL/RESIDENTIAL
- 16. Integration Each part of the supply chain affects the entire chain Bullwhip Effect 1. Uncertainty of customers demand so more products are ordered Communication is key 1. Share data 2. Truthful dialogue 3. Keep customers informed 4. Good relationships
- 17. Supply Chain Strategies Push 1. Knows what the customer wants 2. Allows for economics of scale Pull 1. Custom made ordering 2. Higher quality Postponement 1. Combination of push and pull
- 18. Benefits of Globalization Lower costs Better employees & technology Closer to customer or suppliers Lower taxes & fees
- 19. Global Knowledge Marketing Finance Trade agreements Language Culture Purchasing Logistics
- 20. Unethical Operations Unsafe environment Low wages Child labor Long hours Dangerous materials Emissions & waste
- 21. Promote Ethical Suppliers Code of ethics Auditor visits Employee Surveys Motivate with weight 1. Stop payments 2. Cut orders 3. End bussiness
- 22. Sustainability No difference between good and sustainable supply chain management Makes supply chain stronger and lowers cost Decreases intervention by the government
- 23. Being Green Lower Inventory levels Recycle Reuse boxes and palates Decrease packaging Fill trucks to capacity Use renewable energy
- 24. Conclusion Supply chains are the muscles and bones of a business Main Components 1. Purchasing & Supplier relationships 2. Manufacturing & Operations 3. Logistics 4. Integration 5. Preventing & Resolving issues
- 25. References Davila, Eddie. “Wrap Up.” Lynda.com - from LinkedIn, Lynda.com, 24 Dec. 2014, www.lynda.com/Business-Skills-tutorials/Wrap-up/181730/364974-4.html