COMMERCE 2OC3 Lecture Notes - Lecture 19: Pampers, Keiretsu, Vendor-Managed Inventory
16 Apr 2018
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Document Summary
Supply chain is a coordinated network of people, organizations, and resources that move a product from the suppliers to the customers. Hp makes laptops and desktop computers, printers, ink cartridges, monitors, and computer accessories. They have thousands of suppliers (first-, second-, and third-tier), distribution centers and warehouses. They sell to distributors, retailers, and directly to customers by phone or through their website. If you order a computer from their website for example, they can make, test, and deliver your customized computer to your desktop within 24 hours. Supply chain analytics is a set of quantitative tools for managing supply chains. Understanding the patterns of a supply chain (data analysis) Optimizing the performance of a supply chain (optimization) Respond quickly to changing requirements and demand to minimize stockouts. Share market research; jointly develop products and options. Prioritize options that provide speed, capacity, and flexibility. Assess the impact of disruption events to decide the number of suppliers.
