SUBJECT

GROUP MEMBERS

CHAPTER NO 10

CONTENTS SUPPLY CHAIN SUPPLY CHAIN MANAGEMENT AN ASPECT OF SUPPLY CHAIN MANAGEMENT SUPPLY CHAIN MANAGERS TRENDS IN SUPPLY CHAIN MANAGEMENT GLOBAL SUPPLY CHAINS MANAGEMENT RESPONSIBILITIES INVENTORY MANAGEMENT LOGISTICS ORDER FULFILLMENT APPROCHES OF FULFILLMENT CREATING AN EFFECTING SUPPLY CHAIN

SUPPLY CHAIN A SEQUENCE OF ORGANIZATION—THEIR FACILITIES, FUNCTIONS AND ACTIVITES- THAT ARE INVOLVED IN PRODUCING AND DELIVERING A PRODUCT OR SERVICES.

SUPPLY CHAIN MANAGERS  SUPPLY CHAIN MANAGERS ARE PEOPLE AT VARIOUS LEVELS OF THE ORGANIZATION WHO ARE RESPONSIBLE FOR MANAGING SUPPLY AND DEMAND BOTH WITHIN AND ACROSS BUSINESS ORGANIZATIONS.

SUPPLY CHAIN MANAGEMENT THE STRATEGIC COORDINATION OF THE SUPPLY CHAIN FOR THE PURPOSE OF INTEGRATING SUPPLY AND DEMAND MANAGEMENT.

AN ASPECT OF SUPPLY CHAIN MANAGEMENT AN IMPORTANT ASPECT OF SUPPLY CHAIN MANAGEMENT IS FLOW MANAGEMENT.THE THREE TYPES OF FLOW THAT NEED TO BE MANAGED ARE PRODUCT AND SERVICE FLOW, INFORMATION FLOW AND FINANCIAL FLOW.

TRENDS OF SUPPLY CHAIN MANAGEMENT SEVERAL TRENDS ARE HAVING AN IMPACT ON THE WAY SUPPLY CHAINS ARE DESIGNED AND MANAGED.  REEVALUATION OF OUT SOURCING: COMPANIES ARE TAKING A SECOND LOOK AT OUTSOURCING, ESPECIALLY GLOBAL SUPPLIERS.  LEAN SUPPLY CHAINS: MANY BUSINESSES ARE TURNING TO LEAN PRINCIPLES TO IMPROVE THE PERFORMANCE OF THEIR SUPPLY CHAINS.  SUSTAINABILITY: ENVIRONMENT ISSUES ARE NOT A PRIMARY CONCERN AT THIS POINT, ALTHOUGH ENVIROMENTAL GROUPS MAY SUPPLY PRESSURE IN THE NEAR FUTURE AS GLOBAL WARMING AND THE CARBON FOOTPRINT OF SUPPLY CHAINS COMES INTO PLAY.

GLOBAL SUPPLY CHAINS AS BUSINESS INCRESINGLY MAKE USE OF OUTSOURCING AND PURSUE OPPORTUNITIES BEYOND THEIR DOMESTIC MARKETS, THEIR SUPPLY CHAINS ARE BECOMING INCREASINGLY GLOBAL

MANAGEMENT RESPONSBILITIES GENERALLY SPEAKING, CORPORATE MANAGEMENT RESPONSIBILITIES HAVE LEGAL, ECONOMIC, AND ETHICAL ASPECTS.  LEGAL RESPONSIBILTIES: INCLUDE BEING KNOWLEDGEABLE ABOUT LAWS AND REGULATION OF THE COUNTRIES WHERE SUPPLY CHAINS EXIST, OBEYING THE LAWS, AND OPERATING TO CONFORM TO REGULATIONS.  ECONOMIC RESPONSIBILTIES: INCLUDE SUPPLING PRODUCTS AND SERVICES TO MEET DEMAND AS EFFICIENTLY AS POSSIBLE.  ETHICAL RESPONSIBILTIES:INCLUDE CONDUCTING BUSINESS IN WAYS THAT ARE CONSISTENT WITH THE MORAL STANDARDS OF SOCIETY.

INVENTORY MANAMGEMENT INVENTORIES ARE KEY COMPONENT OF SUPPLY CHAINS. INVENTORY MANAGEMENT ARE PARTICULARLY IMPORTANT FOR SUPPLY CHAIN MANAGEMENT. THEY RELATE TO THE LOCATION OF INVENTORIES IN THE SUPPLY CHAIN, THE SPEED AT WHICH INVENTORY MOVES THROUGH THE SUPPLY CHAIN, AND DEALING WITH THE EFFECT OF DEMAND VARIABILITY ON INVENTORIES.

 THE MOVEMENT OF MATERIALS, SERVICES, CASH, AND INFORMATION IN A SUPPLY CHAIN.  LOGISTICS INCLUDES MOVEMENT WITHIN A FACILITY AND OVERSEEING INCOMING AND OUTGOING SHIPMENTS OF GOODS AND MATERIALS THROUGH THE SUPPLY CHAIN.

ORDER FULFILLMENT ORDER FULFILLMENT REFERS TO THE PROCESS INVOLVED IN RESPONDING TO CUSTOMER ORDERS.

APPROCHES OF FULFILLMENT  ENGINEER-TO-ORDER (ETO)  MAKE-TO-ORDER (MTO)  ASSEMBLE-TO-ORDER (ATO)  MAKE-TO-STOCK (MTS)

CREATING AN EFFECTING SUPPLY CHAIN ACHIEVING AN EFFECTING SUPPLY CHAIN REQUIRES INTEGRATION OF ALL ASPECTS OF THE SUPPLY CHAIN. TO ACCOMPLISH THIS, THERE MUST BE  TRUST  EFFECTIVE COMMUNICTION  INFORMATION VELOCITY  SUPPLY CHAIN VISIBILTY  EVENT MANAGEMENT CAPABILITY  PERFORMANCE METRICS