BUSI 2301 Chapter 11: Chapter 11 Supply Chain management
9 Sep 2015
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Document Summary
Lo1 explain what a supply chain is, discuss the need to manage a supply chain including outsourcing, and identify strategic and tactical/operational supply chain activities. The need to manage a supply: the need to improve operations (jti (just in time) Increasing level of outsourcing (to the right locations) ate the righ time. Strategic activities (long term impacts on a supply chain) Operations strategy: quality vs cost vs time vs flexibility. Supply chain design: number, location, process type of facilities. Lo2 describe what logistics is, know how to select a transportation mode, and discuss some fast delivery methods, third-party logistics, reverse logistics, and global supply chains. Traffic management overseeing the delivery of incoming goods. Modes of transportation the equipment used for delivery, including ships, trains, trucks, and airplanes. Some companies are outsourcing their logistics requirements, using companies that specialize in warehousing & deliveries (ups, fedex) Reverse logistics- backward flow of goods returned to the supply chain.
