MGCR 472 Chapter Notes - Chapter 16: Xilinx, Random Variable, Air Canada
5 Dec 2017
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Supply chain management (scm): scm: mgmt of materials, info & financial flows in a network consisting of suppliers, Used to be viewed as a standard operational issue. Now viewed as 1 of the most impo. Strategic issues: supply chain: network of suppliers, warehouse, operations, & retail outlets, goal: link all the components so that demand is matched w/ supply as effectively as. Traditional supply chain flows: successful scm requires coordination& info sharing among all the partners. Upstream (info flow, financial flow): retailer wholesaler distributor manufacturer. Downstream (material flow): manufacturer distributor wholesaler retailer. Examples of supply chains: dell / compaq, toyota / gm / ford, amazon / borders / barnes and noble, zara / gap, red cross / oxfam, muhc / mgh, air canada / southwest. Need for supply chain management: ing levels of outsourcing, ing transportation costs, competitive pressures, ing globalization, ing importance of e-commerce, complexity of supply chains, manage inventories.
