SCM 300 Lecture Notes - Lecture 1: Complement Component 1R, Flatcar, Commercial Invoice

• School: ASU
• Department: Supply Chain Management
• Course: SCM 300
• Professor: Eddie Davila

Document Summary

Thus, the series of companies that eventually make products and services available to consumers, including all of the functions enabling the production, delivery, and recycling of materials, components, end products, and services, is called a supply chain. Primary goals of scm- sustainable long term profits and maximize roi. Shigeo shingo"s-7 types of waste: defects, overproduction- production used to mask shortcomings, transportation- no added value, motion- movement of employees and machines, waiting- wasted resources during waiting. Inventory (not providing a return)- excess inventory is not providing a return: over processing- more work than required is done in creating a service/good. Business models- a mechanism by which a business intends to generate revenue and profits. Summary of how a company plans to serve its customers at a strategic level. B2b- business to business- dhl, boeing, consulting/marketing agencies. Click and mortar- both land based and internet (best buy, barnes and noble) 3 priorities= reliable service, agile, demand driven supply, and affordable differentiation.