It Final

•Volume Changes

•Service and Product Mix Changes

•Late Deliveries

•Underfilled shipments

•Internally Generated Shortages

•Engineering Changes

•Order Batching

•New Service or Production Introductions

•Service or Product Promotions

•Information Errors

The effective coordination ofs upply chain processes through the seamless flow of information up and down the supply chain.

A framwork that focuses on a basic supply chain of plan, source, make, deliver, and return process, repeated again and again along the supply cahin

The practice of managing the risk of any factor or event that can materially disturb a supply chain, whether withen a single firmor across multiple firms

The phenomenon in supply chains whereby ordering patterns experience increasing variance as you proceed upstream in the chain

1) Design- it links the cration of new servies or products to the corporate strategy of the firm and defines the requirements for the firm's supply chain

2) Analysis- involves a critical review of the new offering and how it will be produced to make sure that it fits the corporate strategy, is compatible with regulatory standards, presents an acceptable market risk and stisfies the needs of the intended customers

3) development- The required competitive prioriteies are used as inputs to the design (or redesign) of the processes that will be involved in delivering the new offering

5) Full Launch- promotions for the new offering must be initiated, slaes personnel briefed, distribution processes activated, and old services or products that the new offering is to replace withdrawn

A concept that brings product engineers, process engineers, marketers, buyers, information specialists, quality specialists, and suppliers together to design a product and the processses that will meet customer expectations

focuses on the ineraction of the firm with upstream suppliers, includes five major nested processes

1) sourcing

2) design collaboration

3) negotiation

4) buying

5) information exchange

The activity that decides the suppliers to use, negotiates contracts, maintains information flows and determine whether to buy locally

The sourcing process is involved in the selection, certification and evaluation of suppliers and, in general, the management of supply contracts

Supplier selection: preform a total cost analysis, there are four key costs to consider

1) material costs

The process of identifying, assessing, and managing the flow of environmental wast and finding ways to reduce it and minimize its impact on the enviorment

This process focuses on jointly designing new services or products with key suppliers; tifacilitates concurrent engineering by drawing key suppliers into the new service/ product development process, particularly in the design and development stages

A program that includes suppliers in the design phase of a service or product. Suppliers provide suggestions for desgin changes and materials choices that willl result in more efficient operations and higher quality

Whereby suppliers are selected early in a product's concept developemnt stage and are given significant, if not total, responsibility for the design of certain components or systems of the product. presourced suppliers also take resonsibility for the cost, quality and on-time delivery of the items they produce

which is a systematic effort to reduce the cost or improve the performance of servies or products either purchaed or produced

A supplier relation that views negotiations between buyer and seller as a zero-sum game: Whatever one side loses, the other side gains, and short-term advatages are prized over long term commitments

A supplier relation in which the buyer and seller are partners, each helping the other as much as possible

The awarding of a contract for a service or item to only one supplier

A technology that enables the transmission of routine business document having a standard format from computer to computer over telephone or direct leased lines

A system whereby suppliers post their catalog of items on the internet and buyers select what they need and purchase them electronically

An electronic marketplace where buying firms and selling firms come together to do business

A marketplace where firms place competitive bids to buy something

Advantages: increases purchasing power by creating a situation where suppliers are economically dependent on the buyer. significant savings. Increased buyer power

Disadvantages: loss of control at the local level. longer lead times

Advatage when the firm has major facilites in foregin countries becasue the managers there, often foreign nations, have a much better understanding of the local culture than staff members at the home offices

A method for identifying items through the use of ratio signals

A system in which the supplier has access to the customer's inventory data and is responsible for maintaining th inventory on the customer's site

For them to suceed you need: Collaborative effort, Cost savings, Customer service, Written agreement

1) Customer demad planning

2) supply planning

3) production

4) logistics

1) degree of ownership

2) facility location

3) mode selection

4) capacity level

5) amount of cross-docking

The packing of products on incoming shipment so that they can be easily sorted at intermediate warehouses for outgoing shipments based on their final destinations

1) Cost Reduction

2) Revenue Flow Increase

3) Global Access

4) Pricing Flexibility

1) Stratiegic alignment

2) Upstream/downstream supply chain interagration

3) Visibility

4) Flexibibilty and redundancy

5) Short replenishment lead times

6) Small order lot sizes

7) Rationing short suppplies

8) Everyday low pricing

9) Cooperation and trustworthiness

A supply chain risk management strategy used in limiting or offsetting the probability of loss from fluctions in the prices of commodities or currenies

A contractual agreement, generally made on the trading floor of a futures exchange, to buy or sell a particular commodity or financial instrument at a pre-determined price in the future

1) Access control

2) Physical security

3) Shipping and receiving

4) Trasportaion service provider

A set of requirements for a supply cain security management system that includes aspects of financing, manufacturing, information systems and the facilities for packing, storing and transferring goods between modes of transportation and locations

1) Envioronmental protection

2) Productivity Improvement

3) Risk minimization

4) Innovation

1) Financial responsibility

2) Environmental responsibility

3) Social responsibility

The process of planning, implementing and controlling the efficient, cost-effective flow and storage of goos and materials, as well as related information, from the point of orgin to the point of consumpiton for the the purpouse of alleiating the suffering of vulnrable people

The process of planning, implementing and controlling the efficient, cost-effective flow of products, materials, and information from the point of consupetion back the point of origin for returns, repair, reamanufacture or recycling

A supply chain that integrates formad logistics with reverse logistics, therby focusing on the complete cahin of operations from the birth to the death of a product

The total amount of greehouse gasses produced to support operations, usually expressed in equivalent tons of carbon dioxide

An activity that seeks to find the shortest route to deliver a service or product

A problem whose objective is to find the shortest distance between two cities in a network or map

A problem whose objective is to find the shortest possible route that visits each city exactly once and returns to the starting city

1) The freight density

2) The sipment's weight

3) The distance the shipment is moving

4) The commodity's susceptibility to damage

5) The value of the commodity

6) The commodity's loadability and handling characteristics

Mixing the modes of transportation for a given shipment, such as moving shipping containers or truck trailers on rail cars.

A list of tandards vovering nine dimensions of ethical workforce management

Take Back

remuneration

Carbon footprint

increases in the dependencies between supply chain entities

-.includes its suppliers earlier into the design of new services or products.

-strives to work with its customers and suppliers

-ensures that everyone benefits from improved flows of​ services, materials, and information.

concurrent engineering

Suppliers and customers eliminate the need for excess inventory through better operational planning.

customer relationship

discouraging customers from buying excess stock.

Inputs and Outputs

logistics

Stratigic

Ken had always been fascinated by shiny​ objects, so he plucked the​ chrome-plated thermos from the shelf and raced to the nearest checkout line.

expected supply chain demand

1 tier

Mass customization

the purchase of a controlling interest in the​ firm's supplier.

access to new markets.

-the firm with a technology advantage may be setting up the other firm to be a future competitor

-deciding to outsource a process before making a​ good-faith effort to fix the existing one

-it is difficult to fully integrate outsourced processes with the​ firm's other processes.

an extreme case of forward inventory placement.