100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Samenvatting Supply chain management

Rating
3.0
(1)
Sold
2
Pages
40
Uploaded on
02-12-2021
Written in
2021/2022

Tew kuleuven, supply chain management

Institution
Module











Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Study
Module

Document information

Summarized whole book?
Yes
Uploaded on
December 2, 2021
Number of pages
40
Written in
2021/2022
Type
Summary

Subjects

Content preview

1. Understanding the supply chain
What is a supply chain?
All the stages involved, directly or indirectly, in fulfilling a customer request
è As weak as the weakest link
è Depends on product
è Integration of suppliers, factories, warehouses and stores
è Minimize total system cost
è Supply network would be a better name
è The customer is an integral part of the supply chain
è The movement of products is essential, but it also includes movement of information
and funds in both directions.
è Not all stages are present in every supply chain

Objective of a supply chain
è Maximize overall value created
è Measured with supply chain profitability
è SC success à measured by total SC profitability (not sum of individual profits)

A. SUPPLY CHAIN MANAGEMENT

Supply Chain Management is concerned with the efficient integration of suppliers, factories,
warehouses and stores so that merchandise is produced and distributed in the right
quantities, to the right locations and the right time, and so as to minimize total system cost
subject to satisfying service requirements.

Supply chain management looks at the problem of managing the flow of goods in an
integrated manner (maximize overall value).

• One source of revenue: the final customers
• Multiple sources of cost: all the different flows

4 trade-off, 4 different parts of a company

Purchasing Warehousing
• Stable volume requirements • Low inventory
• Flexible delivery time • Low transportation costs
• Little variation in mix • Quick replenishment
• Large quantities

Manufacturing Sales
• Long run production • Short order lead time
• High quality • Large inventories
• Low production costs • Enormous variety of products
• Low prices

,As a decision-maker, you need to deal with:
• A sales department who wants cheap, and infinite, inventory of products available
immediately from the warehouse.
• The warehouse, who wants as little inventory as possible, replenished almost
immediately by manufacturing.
• Manufacturing, who wants to produce in long runs (long LT), altering designs and
materials to achieve lower costs and higher quality.
• Procurement, who want stability from a manufacturing and require fast lead times
from the suppliers.

,Decision phase of a supply chain




Supply chain strategy or design
• Long-term, expensive, and difficult to reverse
• Must take uncertainty into account
• Decisions about the structure of the supply chain
• What processes will each stage perform?
- Inhouse vs. outsourcing
- Facility location and capacity
- Where to produce and store
- Transportation modes
- IT systems

Supply chain tactical planning
• Constrained by the strategic decisions
• Input: medium-term demand forecast
• Goal: exploit flexibility to optimize performance
• Policies for mid-term operations
- Which markets from which location?
- Subcontracting part of our manufacturing?
- Inventory policy? Planned buildup?
- Marketing promotions?

Supply chain operations
• Constrained by the tactical decisions
• Input: actual customer orders
• Goal: implement the policies as effectively as you can
• Policies for short-term operations
- Almost no uncertainty
- Allocate orders
- Set due dates
- Generate picking lists, etc.

, B. PROCESS VIEWS OF A SUPPLY CHAIN

2 Ways of visualizing the processes

1. Cycle view Divide the SC in cycles at the interface of each successive pair of
stages
2. 1. Push/pull Processes are divided into 2 categories, depending on whether
view. (most Ø they are a response to a customer order (pull)
useful) Ø or in anticipation of a customer order (push)

1. Cycle view of a supply chain




à Clearly defines the processes and their owner
à useful when considering operational decisions (dit type beslissingen bekijken we niet)
£7.09
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
hir_student
3.0
(1)

Reviews from verified buyers

Showing all reviews
3 year ago

3.0

1 reviews

5
0
4
0
3
1
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
hir_student Katholieke Universiteit Leuven
Follow You need to be logged in order to follow users or courses
Sold
9
Member since
6 year
Number of followers
8
Documents
3
Last sold
2 year ago

3.0

1 reviews

5
0
4
0
3
1
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Frequently asked questions