GMS 804 Study Guide - Final Guide: Fixed Investment, Special Order 191, Facility Location Problem

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

Document Summary

Downstream: customers (distributor/retailer/customer) 1. coordination: movement of good, service, & funds 2. 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. Logistics: part of scm manages the flow of product /// week 2: network system: business process: set of activity/steps with specific outcome / sc as a whole: collection of process, has resource constraints on output. Organizational functions must work together & be well coordinated. Engage in improvement / system variation: consumes resources, adds complexity, managing it: 1. Functional independence: max production (silo) 2. internal functional cooperation not all sc, 3. True integration / erp-enterprise resource planning: enables sharing of info, data across all sc, computer based, manage resources, ex: epicor, sap, infor, oracle // three characteristic of competitive. Responsiveness (move quickly to meet demand: agility short sc) 2. Reliability: improved visibility increases reliability (uncertainty reason to carry safety stock) 3.