procurement and supply chain management lecture notes

... synchronize the flow of material between supply chain partners. 3. Describe how characteristics of supply and demand have an impact on structuring supply chains. 4. Know the reason for outsourcing ... Risk-Hedging Supply Chain Telecom, High-end computers, semiconductor Agile Supply Chain Trang 9Supply Chain StrategiesTrang 10 Outsourcing - moving some of a firm’s internal activities and decision ... FrameworkDemand Uncertainty Low (Functional Low (Stable Process) Grocery, basic apparel, food, oil and gas Efficient Supply Chain Fashion apparel, computers, popular music Responsive Supply Chain

Ngày tải lên: 05/11/2020, 03:36

... performance, and full, honest, and frequent communications. Trang 4Supply Chainsavailable to buyers requires building relationships with “upstream” and “downstream” partners. – Upstream: firms that supply ... Trang 1Chapter 10Marketing Channels and Supply Chain Management Trang 2Roadmap: Previewing the Concepts1 Explain why companies use distribution channels and discuss the functions these channels ... likely sales, costs, and profitability of different channel alternatives. Trang 20Channel Management Decisionsmembers – Partner relationship management Trang 21Public Policy and Distribution DecisionsTrang

Ngày tải lên: 18/01/2020, 22:27

... Operations and Supply Chain Management chapter nineteen Trang 3Learning Objectives• Understand the concept of supply chain management • Recognize the relationship between design and supply chain management ... Outsourcing and decision making in a company’s value chain, rather than having the company and its employees continue to perform those activities – Combination of above Trang 7Global Supply Chain Management• ... procedures, and identify impediments to standardization efforts  Know the two general classes of activities in Trang 5Supply Chain Management• Process of coordinating and integrating the flow of materials,

Ngày tải lên: 04/02/2020, 17:26

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 1: Purchasing and supply chain management Purchasing and Supply Chain Management, 3rd edition, Copyright © 2013,  ... Materials­related costs Trang 5Integrated Purchasing and Supply Management (ISM) 5 ISM Fundamentals of  Purchasing and  Supply  Management Purchasing  Administration Materials  Management Price/Cost  Analysis Special  ... Labor­intensive manufacturers • Large standardized batches • Neglect materials and parts  management Present • Technology driven manufacturers • New technologies • More profit contribution by supply  management   • But operated just like the Old 

Ngày tải lên: 02/03/2020, 13:54

... A strategic sourcing plan requires: • A complete understanding of corporate strategies and marketing  plans  • An extensive evaluation/study of current suppliers, how  performance is measured, and the expectation of suppliers  ... the environment • Purchasing strategy must consider  • competitive priorities • organization’s strengths and weaknesses • competitive environment Trang 4ExampleTrang 5• Must reflect firms’ competitive priorities ... Increased just­in­time (JIT) manufacturing Trang 8Supplier Partnerships • Companies participate in a variety of supplier  relationships and roles • A supplier • A customer • An end­user of products • Supplier partnerships can be categorized using five 

Ngày tải lên: 02/03/2020, 13:55

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 4: Materials Management Purchasting and Supply Chain Management, 3rd edition, Copyright 2013 W.  Trang 2Materials Management • The purpose of materials management ... Purchasting and Supply Chain Management, 3rd edition, Copyright 2013 W.  Trang 2Materials Management • The purpose of materials management • To support the transformation of raw materials and component  parts into shipped or finished goods 2 Trang 31. Pipeline inventories  ... A link or pipeline that facilitates the flow of  information and materials moved • The Trade­off  • Speed, reliability, inventory, and cost 4 Trang 5• Activities • Order preparation by Customer

Ngày tải lên: 02/03/2020, 13:55

... Trang 13rd edition Chapter 5: Inventory Management Trang 2• Independent demand  • Dependent demand Trang 3Decoupling stocks Trang 4ABC ClassificationTrang 5ABC Analysis CurveTrang ... 8Reorder Point (ROP)Trang 91 Demand is continuous at a constant rate 2 Constant lead time 3 Constant unit price Fixed­order cost per order Trang 106 Instantaneous replenishment 7 No shortages allowed 8 No demand uncertainty ... Relaxation  • A probability distribution of demands Trang 12(cont.) • Safety stock • Extra inventory carried to protect against stocking out because of  demand uncertainty • What is the appropriate level of safety stock to carry?

Ngày tải lên: 02/03/2020, 13:56

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 7: Purchasing Procedures, E­Procurement, and Systems Contracting Purchasing and Supply Chain Management, 3rd edition, Copyright 2013, W.  ... A negotiated agreement between buyers and sellers including: Trang 7Purchasing Tools 7 Trang 8• Inventory and purchase costs • Total cost of implementing these systems • Lack of savings during development and deployment phases  ... in the right quantities • at the right time and price • from the right source. confidence among all parties. Trang 3General Definitions • Buying goods and services for use by the buying organization

Ngày tải lên: 02/03/2020, 13:57

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 9: Strategic Outsourcing Purchasing and Supply Chain Management, 3rd edition, Copyright  © 2013,  ... governmental laws, regulations, and even local  business customs • Includes: • Legal expenses incurred to learn about a foreign  location’s laws and regulations • Lobbying efforts and travel Trang 137. Supply Chain Risk Management ... Trang 82. Supplier Vendor  Relationship Management • The high cost of relationship building and coordination • External sourcing of strategic products and services • Costs of relationship  •

Ngày tải lên: 02/03/2020, 13:58

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 11: Supply Partnerships and Supply Chain Power Purchasing and Supply Chain Management, 3rd edition, Copyright 2013, All  ... 2The Win­Win Partnership Dyad • Buyer and supplier share goals and risks through: • Joint planning and control • A supply chain with increased information flow and enhanced  loyalty • The result for both firms:  ... Non­mediated power: Compliance and Cooperation • A true supply chain partnership requires cooperation  rather than compliance 10 Trang 11Power and Conflict • Conflict • When one supply chain member hinders goal attainment and 

Ngày tải lên: 02/03/2020, 13:58

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 12: Total Quality Management (TQM) and Purchasing Purchasing and Supply Chain Management, 3rd edition, Copyright 2013, W.  ... Field failure and reliability requirements • Warranty agreement • Urgency to solve problems Trang 8Manufacturing Process Control • Reactive and expensive • Select production samples and examine for defectives ... Include suppliers in the new product development process Trang 6TQM Implementation Failures • Lack of a quality focus throughout the supply chain • Lack of a sense of urgency for change throughout the buying  organization • Lack of a strategic plan for change

Ngày tải lên: 02/03/2020, 13:59

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 14: Bargaining and Negotiations Purchasing and Supply Chain Management, 3rd edition, Copyright 2013, W.  ... Examines the effect of the contingency compensation on  both buyers and sellers • Situation • An agreement has to be reached on the specifications of the  product to be bought and the money to be paid • Both the seller and the buyer can make concessions ... is reached or the bargaining is terminated 3 Trang 4Negotiation • The preliminary discussion to bargaining • The terms bargaining and negotiation have been used  interchangeably. 4 Trang 5Two­party Bargaining • Bilateral monopoly system or two­party bargaining

Ngày tải lên: 02/03/2020, 14:00

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 15: Purchasing Transportation Services Purchasing and Supply Chain Management 3rd edition,  Copyright 2013 W.  ... Inter­modal transportation (ocean, rail, truck) 4 2012 Trang 5Transportation and Purchasing Management • Purchasing’s role in transportation: • Facilitates the movements of raw materials and component parts  from suppliers through the firm’s manufacturing process to the  ... Each of the modes has specific operating and cost  characteristics • e.g., cost, reliability, and speed • The buying professional must evaluate the trade off  between characteristics and select the most appropriate 

Ngày tải lên: 02/03/2020, 14:00

... Trang 1Purchasing and Supply Chain Management 3rd edition 1 Chapter 16: Equipment Acquisition and Disposal Purchasing and Supply Chain Management 3rd edition, Copyright 2013 W.  ... A department requests equipment replacements and expansions • Involves the plant manager or the executive in charge of the  department 2 Company Goals And Objectives  • To compare the acquisition request with the overall long­run  ... Capital projects categories: • Replacements • Increase quality, reduce operating expense, and provide more  efficiency • Expansion (new products) • Expand into a newly introduced product line • Expansion (existing products)

Ngày tải lên: 02/03/2020, 14:00

... 11Money Flows Related to GPOsTrang 12Management (cont.) • Areas of opportunity in supply management: • Supply chain planning • Product management • Sourcing and contracting • Distribution and inventory management • ... Health Care Purchasing and Supply Management Trang 2• Inventory control  • The DRG System and Operating Cost  • Health Care Supply Chain   • Group Purchasing Organization (GPO)  • Opportunities in Health Care Supply Management  ... To maximize supply service consistent with maximum  efficiency and optimum inventory investment  2. To provide a cushion between the forecasted and actual  demand Trang 5• Inaccurate demand estimations 

Ngày tải lên: 02/03/2020, 14:01

... Trang 1Operations and Supply Chain Management Chapter 01 Trang 2Learning Objectives1. Understand operations and supply chain processes and why it is important to study them. ...  Inventory turnover Trang 11Careers in Operations and Supply Chain Management Trang 12Historical Development of Operations and Supply Chain Management Late 1970’s Early 1980’s Mid 1980’s Early ... systems that create and delivery the firm’s primary products and services  Operations and Supply Chain Management (OSCM) is  A functional field of business  Concerned with the management of the

Ngày tải lên: 05/11/2020, 03:32

... dimensions of operations and supply chain strategy. 3 Identify order winners and order qualifiers. 4 See how strategy is implemented through operations and supply chain activities. 5 Introduce ... Trang 1Strategy and Sustainability Chapter 02 Trang 2Learning Objectives1 Understand the parameters of a sustainable operations and supply chain strategy. 2 Understand the competitive dimensions ... strategies  Supply chain risk is the likelihood of a disruption that would impact the ability of a company to continuously supply products or services the day-to-day management of the supply chain

Ngày tải lên: 05/11/2020, 03:32

... Purchasing and Supply Chain Management Initiatives? 29 vii viii The F100 Engine Purchasing and Supply Chain Management Demonstration Which Companies Might Help with Purchasing and Supply Chain Management ... manufacturer Project AIR FORCE Product and Service Code Purchasing and Supply Chain Management Purchasing and Supply Management Pratt & Whitney research, development, and technical evaluation U.S Air ... purchasing and supply management of jet engines would lead to noticeable improvements in equipment cost and performance throughout the service xiii xiv The F100 Engine Purchasing and Supply Chain Management...

Ngày tải lên: 17/02/2014, 22:20

... related RAND publications: iii iv Implementing Purchasing and Supply Chain Management: Best Practices in Market Research • Air Force Service Procurement: Approaches for Measurement and Management, ... entitled “Best Practices for Purchasing and Supply Chain Management: Developing Effective Market Research Methods and Proactive Supply Strategies for Low Demand Items,” sponsored by the U.S Air Force ... research and its relevance to commercial and Air Force purchasing activities The monograph assumes some basic understanding of purchasing and supply management practices, but it also defines terms and...

Ngày tải lên: 17/02/2014, 22:20

... the chain Part b) Fine-tune the supply chain using processes such as: • test of supply chain fit • start to end focus of the chain • Simplicity test on the chain • Integrity test on the chain ... appropriate supply chain to achieve the supply chain objective, aims and mission Identify GAP requirements for product, information and monetary flows, product quality assurance, infrastructure and skills ... effective logistics and distribution, effective information and communication, and effective relationships and where GAP can be introduced and improved Step Develop new supply chains Part a) Define...

Ngày tải lên: 21/06/2014, 05:20