Definitions • Operations and supply chain management (OSCM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services • Concerned with the management of the entire system that produces a product or delivers a service • Operations refers to manufacturing and service processes that are used to transform the resources employed by a firm into products desired by customers • Supply chain refers to processes that move information
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Logistics and Supply Chain Management Groupe Sup de Co La Rochelle La Rochelle‚ October/November 2012 Prof. Dr. Thomas Liebetruth Learning Objectives Realizing some applications of logistics principles in the “real world” Understanding the necessity and the challenges of Supply Chain Management Know different approaches how to model a Supply Chain Structure and localize the problems of Supply Chain Management Master (some of) the basic management and planning techniques in a Supply Chain context
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highly competitive situation in order to survive; Supply Chain Management (SCM) becoming the main topic for improving efficiency and satisfy customer’s need. The supply chain of a company consists of different departments‚ ranging from procurement of materials to customer service. Supply chain management means transforming a company’s “supply chain” into an optimally efficient‚ customer-satisfying process‚ where the effectively of the whole supply chain is more important than the effectiveness of each
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Logistics Management Semester 7 Year 4 3 Semester 8 Minor Program Logistics Thesis Course organization Logistics Semester 1 Semester 2 MIRBSLM114OP Operations Block1 MIRBSLM114PL Planning MIRBSLM114SY Systems Analysis MIRBSLM214SC Supply Chain Mgt Block 2 MIRBSLM214DM Distribution Mgt MIRBSLM214DS Project Distribution Strategies 4 Thesis Roger G. Schroeder‚ Susan Meyer Goldstein & M. Johnny Rungtusanatham‚ Operations Management in the
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Winter Project Dec’ 2012 A Literature review on Risk in Supply Chain [pic] Under the Guidance of: Submitted by: Prof. P.K. Jha Sandeep Singh Dept. of Industrial Engineering & Management M.Tech 1st year IIT Kharagpur 12IM60R03 Risk in supply chain 1. What is Risk? Risk can be broadly defined as a chance of danger‚ damage‚ loss‚ injury or any other undesired consequences. A more scientific definition of risk was provided
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Operations Management‚ 11e (Heizer/Render) Chapter 11 Supply Chain Management Section 1 The Supply Chain’s Strategic Importance 1) Even though a firm may have a low cost strategy‚ supply-chain strategy can select suppliers primarily on response or differentiation. Answer: FALSE 2) The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans. Answer: FALSE 3) When using the low-cost strategy for supply chain
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format‚ explain how the need for firms to recognize supply chain management as a philosophy and a source of competitive advantage has led to significant changes in the purchasing role amongst public and private sector organisations. INTRODUCTION One of the fundamental questions facing modern organisations is how to achieve and sustain competitive advantage (Rumelt et al 1994) within an increasingly fast moving environment. Supply Chain Management (SCM) is critical element of model business strategy
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Introduction Supply chains have expanded rapidly over the decades‚ with the aim to increase productivity‚ lower costs and fulfill demands in emerging markets. The increasing complexity in a supply chain hinders visibility and consequently reduces one’s control over the process. Cases of disruption such as the ones faced by Ericsson and Enron‚ have shown that a risk event occurring at one point of the supply chain can greatly affect other members‚ when the disruption is not properly controlled. Supply chain
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Sir supply chain management | Burberry | supply chain management | Burberry | Burberry Supply Chain Burberry’s Supply Chain involves a complex network of retailers‚ distributors‚ transporters‚ storage facilities and suppliers that participate in the sale‚ delivery and production of the brand’s unique‚ luxury product. Instead of shipping merchandise from the central warehouse‚ Burberry delivers product from factories directly to consumers‚ thanks to a much more efficient supply chain
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3 on Supply Chain Management http://www.supplychainbrain.com/archives/10.02.TaylorMade.htm?adcode=5 Read the TaylorMade case study till “Enabled by IT” Identify challenges and pain points in the current process of TaylorMade 1) TaylorMade was struggling in an industry with near-zero growth. Any improvement in sales had to come at the expense of its competition‚ which was more agile and efficient. 2) TaylorMade‚ meanwhile‚ had one of the most sluggish supply chains around. Total supply-chain reaction
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