The document discusses supply chain and logistics management information systems (LMIS). It defines an LMIS as a system used to aggregate, analyze, and display logistics data to make decisions and manage the supply chain. An LMIS tracks inventory levels, consumption, demand, shipments and other key metrics. It links different supply chain levels and shares needed information. Common challenges include poor recordkeeping, reporting, data sharing, and use of data for decision making. The document also discusses e-business applications in supply chain management like e-commerce, e-procurement, and e-collaboration.
In this presentation, we will discuss the concept of information and how it affects decision making in management, management information system. We will also talk about processing of orders and documents, logistic information system designs and various other aspects.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Supply Chain Management vs Logistics ManagementAnupam Kumar
This presentation explores the difference between logistics and supply chain management while tracking the development of the subject of distribution management, its progression to logistics management and its overall integration leading to the development of the subject of supply chain management. This presentation is aimed at explaining the transition of an organization from one stage of operations management to the next. It also explains the increase in the scope of operations management with the advent of the concept of supply chain management or simply SCM.
This presentation is suited for MBA, PGDM or BBA level students of business management and can be used for class lectures, class notes or class discussions. It will also give an idea to the budding entrepreneurs from taking their businesses from one stage of operations management to the next.
Logistics information systems is the combination of two disciplines: logistics and information systems. The manifestation can be two types as a course and a branch of logistics education.
In this presentation, we will discuss the concept of information and how it affects decision making in management, management information system. We will also talk about processing of orders and documents, logistic information system designs and various other aspects.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
Supply Chain Management vs Logistics ManagementAnupam Kumar
This presentation explores the difference between logistics and supply chain management while tracking the development of the subject of distribution management, its progression to logistics management and its overall integration leading to the development of the subject of supply chain management. This presentation is aimed at explaining the transition of an organization from one stage of operations management to the next. It also explains the increase in the scope of operations management with the advent of the concept of supply chain management or simply SCM.
This presentation is suited for MBA, PGDM or BBA level students of business management and can be used for class lectures, class notes or class discussions. It will also give an idea to the budding entrepreneurs from taking their businesses from one stage of operations management to the next.
Logistics information systems is the combination of two disciplines: logistics and information systems. The manifestation can be two types as a course and a branch of logistics education.
This presentation deals with the basics of Supply Chain Management.It gives short notes on what is it that makes a complete supply chain network and industrial terminologies are explained here.
Logistics and Supply Chain Management-OverviewThomas Tanel
This presentation is designed to take an overview of global supply chain logistics, both in terms of today's supply chain and in the demand flow management process, so you can know how to make the most of this powerful tool. You've probably heard something about these topics. You may even be vaguely familiar with them. But how much do you really know about their strategic importance and the specific benefits you can gain from having a solid understanding of them?
Here's the best way to investigate global supply chain logistics and the impact it can have on your organization. You will have the opportunity to explore a variety of logistics areas , extrapolate their meanings in ways that are appropriate for strategic planning, and apply the techniques needed to make it all work for your organization.
Your business needs and technology are in a constant state of rapid-fire change, but you can count on one thing remaining constant: the need to align logistics strategically with your market needs in order to gain a competitive advantage. This alignment requires building a supply and demand system that truly helps you respond to worldwide changes in sourcing and ever-shifting customer demand. What is the potential effect that global trade management will have on your supply chain? How do you convert digital value inputs into logistics value-added outputs? How can you harness the power of global supply chain logistics as a significant force in the execution of your corporate strategy? How can you gain the information you need to translate abstractions into concrete benefits through supply chain management and continuous flow distribution?
Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products.
This presentation deals with the basics of Supply Chain Management.It gives short notes on what is it that makes a complete supply chain network and industrial terminologies are explained here.
Logistics and Supply Chain Management-OverviewThomas Tanel
This presentation is designed to take an overview of global supply chain logistics, both in terms of today's supply chain and in the demand flow management process, so you can know how to make the most of this powerful tool. You've probably heard something about these topics. You may even be vaguely familiar with them. But how much do you really know about their strategic importance and the specific benefits you can gain from having a solid understanding of them?
Here's the best way to investigate global supply chain logistics and the impact it can have on your organization. You will have the opportunity to explore a variety of logistics areas , extrapolate their meanings in ways that are appropriate for strategic planning, and apply the techniques needed to make it all work for your organization.
Your business needs and technology are in a constant state of rapid-fire change, but you can count on one thing remaining constant: the need to align logistics strategically with your market needs in order to gain a competitive advantage. This alignment requires building a supply and demand system that truly helps you respond to worldwide changes in sourcing and ever-shifting customer demand. What is the potential effect that global trade management will have on your supply chain? How do you convert digital value inputs into logistics value-added outputs? How can you harness the power of global supply chain logistics as a significant force in the execution of your corporate strategy? How can you gain the information you need to translate abstractions into concrete benefits through supply chain management and continuous flow distribution?
Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products.
Global supply chains have been steadily growing in complexity for years – spurred by the proliferation of e-commerce and increasing consumer expectations (widely deemed the “Amazon Effect”). More recently, the COVID-19 pandemic accelerated those pre-existing dynamics and further highlighted the failings of a traditional, siloed, supply chain framework, as many companies found themselves underprepared and slow to respond to a shifting market environment. As a result, businesses have been motivated to re-evaluate their current technology and processes and are seeking solutions that emphasize visibility, adaptability, and automation across the supply chain.
At Catalyst Investors, we believe software and tech-enabled services enabling more efficient supply chain management are poised for outsized growth in the coming years. We are excited to meet and partner with growth stage companies that are driving forces behind more efficient supply chains.
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For these firms, even moderate supply chain management success can mean lower purchasing and inventory carrying costs, better product quality and higher levels of customer service—all leading to more sales.
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Supply Chain and Logistics Information System
1. SUPPLY CHAIN AND
LOGISTICS INFORMATION
SYSTEM
By:
Anusuya Nandi (1627538)
Ashwin Kumar R S (1627504)
Sidharth S (1627528)
Adaikappan L (1627502)
2. WHAT IS A LMIS?
A logistics management information system (LMIS) is a system of
records and reports – whether paper-based or electronic – used to
aggregate, analyze, validate and display data that can be used to
make logistics decisions and manage the supply chain.
LMIS data elements include stock on hand, losses and adjustments,
consumption, demand, issues, shipment status, and information
about the cost of commodities managed in the system.
3.
4.
5. LMIS IN THE SUPPLY CHAIN
Links the different levels in the system through information.
Provides information each needs to perform their supply chain role.
LIS is designed to provide professionals working within the logistics
and operations management area with the skills to manage the flow
of materials and information within and between organizations and
their business environment.
6. COMMON CHALLENGES IN LMIS
Poor recordkeeping: incomplete or not updated stock and
consumption records.
Poor reporting: late, incomplete and poor quality reports.
Data not moving up or down the system: facilities not submitting to
districts, districts not sending reports to central, central not providing
feedback to districts and facilities.
Data not used for decision making.
7. E-BUSINESS IN SCM
The term ‘e-business’ was
introduced by IBM in 1997. In its
origins it is defined as “the
transformation of key business
processes through the use of
Internet technologies”
Three major categories:
e-Commerce
e- Procurement
e- Collaboration (SRM,CRM and CPFR)
8. E-COMMERCE AND ITS BENEFITS
E-commerce is a commercial
transaction of buying or selling
online.
The Benefits of same are:
It reduces the middle men and
number of layers to connect to
customers
Keeping track of all the flows
Better flexibility in meeting the
demand
No geographic limitation, wide
product variety, customer base and
market place
9. E- PROCUREMENT
e-Procurement allows companies to use the Internet for procuring
direct or indirect materials, as well as handling value-added services
like transportation, warehousing, customs clearing, payment, quality
validation, and documentation.
11. E- COLLABORATION
Information sharing and integration to process and resource sharing.
The tools used are structured and targeted to optimize the flow of
information in the company.
EDI - Electronic Data Interchange
Extranet
Web 2.0
12. E-COLLABORATION
SRM - Supplier Relationship Management
Focuses on collaborative planning goals and processes between customers and
their suppliers
CRM - Customer Relationship Management
Understanding the customer and supports the communication stream between
customer and the organization
CPFR - Collabrative Planning, Forecasting and Replenishment
CPFR seeks cooperative management of inventory through joint visibility and
replenishment of products throughout the supply chain. Information shared
between suppliers and retailers aids in planning and satisfying customer
demands through a supportive system of shared information
13. INFORMATION FLOW IN SCM
Information flow as one of the three major flow components of the
supply chain .
Information serves as the connection between the supply chain’s
various stages, allowing them to coordinate their actions.
Example:
Request for quotation, purchase order, monthly schedules,
engineering change requests.
16. SUPPLY CHAIN COORDINATION
SCC aims at improving supply chain performance by aligning
the plans and the objectives of each level of SC. It usually
focuses on inventory management and ordering decisions in
distributed inter-company settings.
Supply chain coordination improves if all stages of the chain
take actions that together increase total supply chain profits.
A lack of coordination occurs either because :
1. Different stages of the supply chain have objectives that conflict or;
2. Information moving between stages is delayed and distorted.
17. EFFECTS OF LACK OF
COORDINATION
1. Increased manufacturing cost: As a result of the Bullwhip effect,
manufacturer must satisfy a stream of orders that is much more
variable than customer demand.
2. Increased Inventory cost: To handle the increased variability in
demand, manufacturer has to carry a higher level of inventory.
3. Increased Replenishment Times: Increased variability makes
scheduling at manufacturers much more difficult and the available
capacity and inventory cannot supply the orders coming in.
4. Increased Transportation cost: Transportation requirements
fluctuate significantly over time and thus surplus transportation
capacity needs to be maintained to cover high demand periods.
18. 6. Increased Labor cost for shipping and receiving: Labor
requirements fluctuate with orders and thus manufacturers have
the option of either carrying excess labor capacity or varying labor
capacity, both of which increases total labor cost.
7. Level of product availability: Hurts the level of product availability
and result in more stock-outs in the supply chain
8. Relationships across the Supply Chain: Has a negative effect on
performance at every stage and thus hurts the relationships
between different stages of the supply chain.
19. OBSTACLES TO SC
1. Incentive Obstacles
Local optimization within functions or
stages of a supply chain
Sales Force Incentives
2. Information Processing
Obstacles
Forecasting based on Orders and not
Customer Demand
Lack of Information sharing
3. Operational Obstacles
• Ordering in Large Lots
• Large Replenishment Lead times
4. Pricing Obstacles
• Lot-size based quantity discounts
• Price fluctuations due to demand
5. Behavioral Obstacles
• Each stage of the supply chain views
its actions locally and is unable to
see the impact of its actions on
other stages.
• A lack of trust among supply chain
partners causes them to be
opportunistic at the SC performance
20. 1. Aligning of goals and incentives.
2. Improving Information Accuracy
3. Improving operational performance
4. Designing pricing strategies to stabilize
orders
5. Building partnerships and trust
HOW TO OVERCOME?
Editor's Notes
A logistics management information system (LMIS) is a system of records and reports – whether paper-based or electronic – used to aggregate, analyze, validate and display data (from all levels of the logistics system) that can be used to make logistics decisions and manage the supply chain.
LMIS data elements include stock on hand, losses and adjustments, consumption, demand, issues, shipment status, and information about the cost of commodities managed in the system.