BUAD446 Lecture Notes - Lecture 1: Supply Chain, Swot Analysis, Order Fulfillment

• School: University of Delaware
• Department: Business Administration
• Course: BUAD446
• Professor: Davis Darwin

Document Summary

Corporate strategy: coordinates company goals with its core processes, swot analysis, strengths, weakenesses, opportunities, threats, strengths. What resources do they have: core processes, ideally based on core competencies. Supplier relationship: global strategies, global perspective. How to differentiate yourself from competitors: guides the operations strategy. Possible competitive priorities for ops: low cost operations, low price for customers, top quality (performance, product or service features. Operations strategy: links om decision to corporate strategy, process design. Front, hybrid, back office: inventory strategy. Make-to stock: supply chain design, develops needed capabilities. Overall product volume (demand: important role in design of the planning and control system, usually an erp system (enterprise research planning, supports the corporate strategy. Planning & control: sales and operations, having good customer service at a lower cost, master schedule helps inventory and scheduling. Resource planning: detailed capacity planning, detailed material planning, material & capacity plans.