BUSI 2301 Chapter Notes - Chapter 11-14: Supply Chain, Cross-Docking, Event Management
14 Feb 2018
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Document Summary
The benefits of buying: lower cost, gain expertise and knowledge, gain flexibility, increase capacity. Supply chain management: collaboration and coordination of the facilities and activities: reduction in control and expertise within and outside of the organization. Supply chain activities: strategic activities, operations (quality vs. cost vs. time vs. flexibility, supply chain design (number, location, process, type of facilities, tactical activities. Inventory policies: logistics policies, purchasing policies, production policies, transportation policies, quality policies, operating activities, quality control, production planning and control. Logistics: the movement of materials and information: within the facility, incoming and outgoing deliveries, modes of transportation, warehousing, delivery methods. Where to hold inventory: risk pooling: holding safety stocks in one central location rather than in multiple locations differentiating features later in the process suppliers truck and loaded into outbound trucks (avoids warehouse storage) Delayed differentiation: production of standard components and products and adding. Cross docking: goods arriving at a warehouse from a supplier are unloaded from the.
