ITM 102 Lecture Notes - Lecture 5: Canadian Tire, Transportation Planning, Cost Leadership
Document Summary
Supply chain management inc. is one of canada"s largest retail logistics service. Helps to get the right product to the right place in the right quantity at the right companies that has helped to serve walmart time to satisfy customer demand. Staple stock receiving, distribution assembly receiving dock, casepack modules, put to light department, pick to light, voice, merge, shipping lanes, trailer loading, the billing department, the dispatch department. Production- the creation of goods and services using the factors of production: land, labour, capital, entrepreneurship, and knowledge. Production management- describes all the activities managers perform to help companies create goods. Operations management (om)- the management of systems or processes that convert to transform resources (including human) into goods and services: responsible for managing the core processes used to manufacture goods and product services. Om must forecast, capacity plan, schedule, manage inventory, assure quality, motivate employees, decide where to locate facilities.