[33:799:301] - Final Exam Guide - Comprehensive Notes fot the exam (80 pages long!)

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Intro to supply chain lecture 1: boiling an egg exxon video, supply chain aspects delivery (logistics), manufacturing, operations (gas for the egg) Inputs egg, gas, water, pan, packaging of egg carton, stove: sipoc: Foxcomm and qualcomm to assemble the phone: goal of scm. Physical movement of things within your own organization. Connecting with network of suppliers, from the beginning to the end customer: what is a supply chain, consists of the flow of products from, raw material suppliers to. Large purchasing budgets/expenditures: this doesn"t mean that smaller companies don"t benefit from scm as well, current trends in scm, globalization, demand volatility and forecast inaccuracy, sc cost optimization, risk management, sustainability and greening the sc. An increasing emphasis on domestic sourcing due to the longer lead times and higher levels of pipeline inventories associated with global sourcing. Essentially, all models are wrong but some are useful george fox. Assume similar buying behavior, consumption trends, competitive dynamics.