Mar 3023 Lecture Notes - Lecture 7: Dish Network, Materials Management, Lead Time
Document Summary
Chapter 9 class notes: supply chain- flows through marketing channels. Distribution channels or marketing channels: supply chain network- a network of companies made up of many suppliers, selling to many immediate customers, containers play a key role in supply chains. Have been a driving factor in the globalization of supply chains because they allow a large amount of goods to be shipped inexpensively and can be quickly and easily loaded and removed ships: starbucks supply chain video. From the farm to the time you buy it in the store: supply chain orientation- a management philosophy, supply chain management- coordinates flows within the supply chain; the actions the firm takes often involve tradeoffs. Inventory carrying costs: costs required to make or buy a product. Includes taxes, insurance, warehousing space to store goods: supply chain integration. Relationship-based strategies: push strategy- starts with forecast sales. Relies on projections and forecast of what you think will happen.
