33:799:301 Lecture 3: Supply Chain Planning
2 Feb 2017
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Special cause something different happening at a certain time or place. Common cause always present to some degree in the process. Ex) zig zag line in data: causal thinking. Goal is to scope all the xs, understand their relation, find the ones that really matter and determine what can be done with them: ford video. The shorter the term, the more specific it becomes. Long-term (2-10 yrs) enough plants and capacity, machinery. Short-term what are the materials and labors i need to produce the car. Intermediate-term (1-2 yrs) how many cars and trucks tomorrow. Ford has plants in ontario, michigan, illinois, indiana, and ohio: intro scp. Definition the element of scm responsible for determining how best to satisfy requirements created by the demand plan. Goal is to balance supply and demand in a way that realizes the financial and service objectives of the country. Combo of all the planning processes that are used across the sc.
