Supply Chain Management.docx

7 Pages

Management and Organizational Studies
Course Code
Management and Organizational Studies 3330A/B
Kevin Thompson

This preview shows pages 1 and half of page 2. Sign up to view the full 7 pages of the document.
SCM 6/21/2012 4:17:00 PM Supply Chain Management  Supply chain – a network of facilities, functions and activities involved in producing and delivering products or services from suppliers to customers  Supply chain management o Coordination of the movement of goods through the supply chain o Control of information such as sales data, sales forecasts, promotions and inventory levels Traditional Views of Supply Chains  Supplier  Manufacturer  Wholesale distribution  Retailers  Customers Network Views of Supply Chains  Active ingredients o Formulation  Tier 1 suppliers – primary packaging, secondary packaging  Packaging  Distributor o Retail pharmacy  Customer E-Supply Chain  Suppliers – manufacturers – wholesale distributors – retailers o Supply data…. Supply chain subjects  Logistics (activities) o Shipping and delivery, transportation costs, mode, lead time and traffic management  Highway – flexible  Rail or water – low cost  Pipeline – high volume o Distribution management  Facility location – proximity to customers, business climate, quality of labour, infrastructure  Positioning of inventory o Third party logistics  Outsourcing freight consolidation and distributive activities  International business  Purchasing (acquisition) o Ordering and receiving materials  Correct quality and quantity  Good price  On time o Purchasing cycle o Interface with accounting, engineering, legal debt, etc. o Develop a supplier base – select, evaluate and maintain sourcing  Sourcing (acquisition) o Selecting suppliers  Price  Quality  Service  Location  Inventory policy  Flexibility o Supplier selection strategies  Single sourcing  Quantity discount  More responsive  Frequent deliveries  Multiple sourcing  Competitive pricing  Spreading risks  Low dependence  Bullwhip effect – outcome of not paying attention to SCM principles (poor ops planning) o Increasing distortion of information along the supply chain  Customer demand gets distorted as info reaches suppliers o Contributing factors  High ordering costs, batch ordering and free return policy  Promotions and pricing that leads to forwa
More Less
Unlock Document

Only pages 1 and half of page 2 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.