BSc Logistics and Supply Chain Management SCHOOL OF BUSINESS BSC LOGISTICS AND SUPPLY CHAIN MANAGEMENT Programme Overview The BSc Logistics and Supply Chain Management programme offered by the School of Business at SIM University (UniSIM) aims to develop human capital and talent to meet the needs of the industry. This is the first undergraduate programme dedicated to the study of logistics and supply chain management to be offered by a Singapore university. Partnering with the Singapore
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Supply Chain Management in the Pulp and Paper Industry Dick Carlsson Södra Cell International AB‚ SE-351 89 Växjö‚ Sweden Sophie D’Amours FOR@C‚ CIRRELT‚ Université Laval‚ G1K 7P4‚ Québec‚ Canada Alain Martel FOR@C‚ CIRRELT‚ Université Laval‚ G1K 7P4‚ Québec‚ Canada Mikael Rönnqvist The Norwegian School of Economics and Business Administration‚ NO-5045 Bergen‚ Norway October 2006 Working Paper DT-2006-AM-3 Interuniversity Research Center on Enterprise Networks‚ Logistics and Transportation
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Faster response to changing business needs through end-to-end visibility into supply chain operations This implementation won the award for innovation by the US Supply Chain Council (SCC) SCC‚ a renowned global nonprofit organization‚ has established the supply chain world’s most widely accepted framework for evaluating and comparing supply chain activities and their performance - the Supply Chain Operations Reference (SCOR®) model. SITUATION Lack of consistent metrics‚ & reporting rules
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NEWSVENDOR MODEL Too Much/Too Little Problem Maximize Expected Profit STEP 1: overage/underage costs Co = overage cost per unit Co = Variable Cost – Salvage value Cu = underage cost per unit Cu = Price – Cost (+ Future Cost) STEP 2: Find Critical Ratio F(Q*) = Probability demand < Q. Cu /Cu+ C0 = critical ratio/srvc level STEP 3: Calculate z from table. φ(Ζ) = Critical ratio STEP 4: Calculate Q* = optimal order quantity Ζ= from above (table) μ = mean σ = standard
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Supply Chain Assignment Maria Blum Supply Chain Management refers to the stages that involves the directly and indirectly processes that delivers a final product. It begins with a customer order; it is followed by procedures depending on the organisation and finishing with a final product. SCM consists of the materials‚ information and funds that will flow within the process in order to provide a lower cost and high degree final product to the customer/consumer. Supply Chain Management
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product shortage may result if actual demand exceeds the forecast demand. 2. Lead times serve to magnify the increase in variability due to demand forecasting. Therefore‚ lead time reduction can significantly reduce the bullwhip effect throughout a supply chain. Lead times typically include two components: order lead times‚ information lead times. Order lead times can be reduced through the use of cross-docking‚ but information lead time can be reduced through the use of electronic data interchange
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INTRODUCTION SUPPLY CHAIN MANAGEMENT Supply Chain Management (SCM) is an essential part of every business. The supply chain of a company is its network consisting of all the companies’ suppliers‚ itself‚ and its customers. Without a successful SCM system‚ no matter how small a company might seem‚ a business cannot successfully operate. The supply chain encompasses every aspect of a business’s operations. It begins with raw materials‚ continues through production phases‚ creating finished goods
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Dirt bikes cause stress reliever‚ freedom‚ and finding new friends you should start being happy. Dirt bikes relieve stress it’s a fact. You feel freedom when you ride because you have no worries at the time. You could meet new people and potentially your love you never know. Riding dirt bikes is a stress reliever‚ a reset button‚ and a tool I use to keep function sharp in your life.While on a bike even the most pressing issues have no way of getting into my head and by the time you get off
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January 2006 The 11 Greatest Supply Chain Disasters Introduction Many of us rightly take pride in the growing recognition role of supply chain both within companies and in the public markets. An increasing number of companies cite supply chain initiatives and prowess in annual reports and meetings with financial analysts. But of course the opposite effect must then also occur – supply chain snafus are increasingly cited by CEOs and CFOs to explain poor financial performance. Which
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Note: Solve ANY THREE case studies. CASE I A CASE OF ALPHA TELENET LIMITED Alpha Telecom Ltd.‚ a part of Alpha Group was established in 1976 by its visionary Chairman and Managing Director‚ A. S. Verma. The company started with manufacturing of Electronic Push Button Telephones (EPBT) and Cordless phones in 1985 in Allahabad. On July 7‚ 1995 Alpha Tele-Ventures Limited was incorporated. A mobile service called ’Web-Tel’
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