GMS 804 Study Guide - Midterm Guide: Remanufacturing, Commodity, Causal Model

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 804
• Professor: Hossein Zolfagharinia

Document Summary

Collaboration: plan, operate& execute decisions/ pulled supply chain: final customer drives the force. / service sc is shorter than manufacturing, hub and chain no buffer inventory more interaction. Logistics: part of scm manages the flow of product. B: business process: set of activity or steps with specific outcome / supply chain as a whole: collection of process, has resource constraints on output. For processes to be effective and efficient, organizational functions must work together and be well coordinated. Sc -use quantitative metric / relationship view managing relationship in sc / theory of constraint toc at least one constraint, prevent system to achieve goal: bottleneck, - ex: equipment, people, facility / steps: 1. Engage in improvement / system variation: consumes resources, adds complexity, managing it: 1. Design flexibility / capacity: max output in specific time design capacity: max output using temporary measures (overtime staff) can"t be sustained for long time effective capacity: max output under normal condition (regular schedule staff) /