Approach to Supply Chain Strategy: Combining Lean and Agile Solutions Professor Martin Christopher Cranfield School of Management Cranfield University Cranfield Bedford MK43 0AL United Kingdom Tel : 44 (0)1234 751122 Fax : 44 (0)1234 751806 E-mail : m.g.christopher@cranfield.ac.uk Agenda • • • • • New competitive realities Lean and Agile – what’s the difference? Attacking complexity and waste Improving on-shelf availability Building a consumer-driven supply chain A
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management of the firm’s supply chain operations and the effects it can have on a produce-to-stock firm’s ability to respond to external market pressure and develop corrective strategies. The research methodology used is based on earlier Catastrophe Modeling that looked at inertia in organizational design‚ competitive pressure‚ and competitive response. The model demonstrates how latent variables‚ such as customer pressure and supply chain inertia can influence a finished goods supply chain management’s response
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Supply Chain Management 1 What is supply chain management? A Supply Chain is a collection of organizations involved in the supply of products or services. Supply chain management is the management of the interconnection of organizations that relate to each other through upstream and downstream linkages between the processes that produce value to the ultimate consumer in the form of products and services. It is a holistic approach to managing across company boundaries. 2 Supply chain planning and
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The nature of the supply chain Learning Points Understand what a supply chain is Gain an appreciation of the behaviour of supply chains Understand some of the issues with highly dispersed supply chains Supply Chain Management concerns… The relationships and flows between different operations Links between value-adding upstream and downstream processes All issues concerning product / service delivery from raw materials to end user Purchasing / Procurement Physical
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Supply-Chain Management Supply-chain management consists of developing a strategy to organize‚ control‚ and motivate the resources involved in the flow of services and materials within the supply chain. A supply chain strategy‚ an essential aspect of supply chain management‚ seeks to design a firm’s supply chain to meet the competitive priorities of the firm’s operations strategy. 1 Supply Chain Strategy Across the Organization Supply chains must be managed to coordinate the inputs
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Looking Good; LG Electronics India Discusses its Supply Chain Strategy By Jayashree Kini-Mendes Feature | 257 days ago | LG Electronics India believes in reaching products to people on-demand. Somebody impressed the market with a sense of enterprise‚ depth of vision‚ efficiency of service and the durability of products. Jayashree Mendes meets the Vice-President (Head – SCM) of LG Electronics India‚ KK Kaul‚ the man behind this movement. He has been working with the company since LG India set
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the primary purpose of Warehouse and transportation execution systems? ------------------------------------------------- Answer | | b. They address long-term strategic questions as facility location and sizing | | | a. They support tactical planning efforts by allocating "fixed" logistics capacity | | | d. They store goods and move them | | | c. They initiate and control the movement of materials between supply chain partners | 1.5 points Question 2 1. -------------------------------------------------
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A. Supply Chain Strategy To fully appreciate the recommendation for a supply chain strategy‚ it is necessary to know something about them. There are numerous strategies one can use for supply chain: Keiretsu‚ vertical integration‚ and virtual companies. These Three are by no means the only strategies‚ but ones which may be considered. First‚ the Keiretsu will be discussed. Keiretsu is a Japanese term to describe many companies that link together or around a central bank to do business. This link
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designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010‚ the chain has 313 stores in 38 countries‚ most of them in Europe‚ North America‚ Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and Elmtaryd‚ Agunnaryd--the name of his farm and the name of the village it was located
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SUPPLY CHAIN MANAGEMENT: IMPLICATIONS FOR SMALL AND RURAL SUPPLIERS AND MANUFACTURERS Christy Geiger Joel Honeyman Frank Dooley Upper Great Plains Transportation Institute North Dakota State University Fargo‚ ND 58105 March 1997 Disclaimer The contents of this report reflect the views of the authors‚ who are responsible for the facts and the accuracy of the information presented herein. This document is disseminated under the sponsorship of the Department of Transportation‚
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