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33:799:301 Study Guide - Spring 2019, Comprehensive Midterm Notes - Supply Chain, Supply Chain Management, Master Production Schedule


Department
Supply Chain Management
Course Code
33:799:301
Professor
A Taitt
Study Guide
Midterm

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33:799:301

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What is Supply Chain?
Any organization offering a product or service has a supply chain
Product created from materials, equipment, labor, time, money, etc
Requires suppliers, manufactures, and customers
Can be simple or complex
Exist in any size, public or private, for-profit or non-profit organizations
Supply chain process designed to expedite process and provide product more
effectively and efficiently
Joins together Suppliers->Manufacturers->Consumers
Suppliers deal with raw materials, intermediate goods, and finished goods
Manufacturers finish product
Consumers use product
Facilitated through the use of logistics
Consists of flow of materials and products
Your Connection to Supply Chain?
You may work for supplier, manufacturer, or service provider
You are certainly a consumer
Candy Bar Supply Chain
Suppliers
Sugarcane
Sugar
Milk
Cocoa Beans
Chocolate
Cocoa Butter
Lecithin
Paper
Packaging
Manufacturer
Candy Bar Manufacturer
Customers
Wholesalers and Distributors to:
Retailers to:
Consumers
If there is a shortage in cocoa beans or a disruption in the supply chain, then prices
will increase
If you have too much or too little inventory, you will lose value in opportunity to
meet demand or by not being able to sell all of the product
find more resources at oneclass.com
find more resources at oneclass.com

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Supply Chain Management
1. Starts with understanding the flow
2. Integrates all partners within the end-to-end supply chain
3. Is conducted through defined processes
Amazon is so great as a supply chain facilitator because they
have streamlined the process
General Supply Chain Flow Diagram
← Information Flow →
Integrated through information and planning
Product and Service Flow →
Connected by transportation and storage activities
← Payment Flow
Suppliers ← Manufacturer ← Customers
← Returns Flow
Supply Chain Tiers
Suppliers Tier
Tier 1 = Direct Supplier
More expertise, fortunate position
Tier 2 = Indirect Supplier
Secondary supplier, contractor, subcontractor
Tier 3 = Indirect Supplier
Secondary supplier, contractor, subcontractor
Tier n = Indirect Supplier
Customer Tierx
Tier 1 = Direct Customer
Tier 2 = Indirect Customer
Tier 3 = Indirect Customer
Tier n = Indirect Customers
Ex: Fresh Produce Supply Chain
Inspection at least 4 independent times
Check for contamination during different transportation
processes
Different health standards in different countries
The Supplier
Raw Materials
Essentials
Extra Ingredients
The differentiation and customization adds to
the appeal. Ex: Craft Beer vs. Cheap Beer
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Production - The Brewery
Research and development
Very costly
Done to improve product or make new product and stay in
front of competition
Brewing Equipment
Expensive, requires a lot of capital
Labor
20 hours of work = 1 batch of beer
Barrel-aging
Most beers aren’t aged, but higher end beer is aged for up to
6 months before bottling
Packaging - The Brewery
Can/Bottle + Label
Has to be appealing
Case (24 Bottles)
Pallet (80 Cases)
Truck (18 Pallets)
Shipment
Transportation costs if company is located far from some of the
selling/drop off locations
More warehouses costs more
Distribution
Typical Distributor Responsibilities
Market beers to restaurants and retailers
Teach retailers how to serve the beverages
Set Up transport from distribution center to restaurant or
retailer
Check for freshness: Draft Quality Audit
Account for product loss (shrink) along the way
Concerns
Broken bottles, theft, etc.
Resale and Consumption (Restaurants and Retailers)
Craft beers represent 1 out of every 10 beers sold in the U.S.
The craft beer market is up to $19.6 billion
The typical amount of time a beer stays fresh is 4 months
Concerned about shelf life
Companies keep track of process time frame to keep
supplying retailers beer so that it can be sold to the public
find more resources at oneclass.com
find more resources at oneclass.com
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