Supply chain management to maximize customer value and achieve sustainable. Lecture notes, lectures 18 supply chain management. The activities to be managed may include all or part of the following. This unit must be used in accompaniment with the supply chain management national occupational standards guidance notes on pages 14 supply chain management national occupational standards 5 summary this unit deals with the maintenance and improvement of relationships within the supply chain. Diploma in supply chain management learn about supply chain ecosystems, modern manufacturing services, ways to reduce risk, and more. This process can also minimize the rates by eradicating the unnecessary expenses, movements and handling. Studying c 720 operations and supply chain management at western governors university. Strategic supply chain management chapter 2 lecture notes supply chain performance.
Notes on supply chain management supply chain demand. Summaries, past exams, lecture notes and more to help you study faster. Ba7051 logistics and supply chain management syllabus. Lecture notes in logistics lnl is a book series that reports the latest research and developments in logistics, comprising. International purchasing this unit or subject is examined by knec on those taking the following courses. Supply chain management and purchasing principles notes. Nptel provides elearning through online web and video courses various streams. Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser.
The course is given as a minor course and as a premsc course for supply chain management and technology and operations management. Mention some prototypical supply chains we will use repeatedly in class walmart, 7eleven, dell and compaq, amazon and borders, supermarket and egrocer, w. Supply chain management spans all movement and storage of raw materials, workinprocess inventory, and finished goods from pointoforigin to pointofconsumption. Attend free supply chain management lectures and download study notes on several fundamental concepts on supply chain management and. Sc1x supply chain and logistics fundamentals lesson. Operations, logistics and supply chain management lecture notes. View notes procurement lecture from omgt 1082 at royal melbourne institute of technology. Supply chain management is concerned with the efficient integration of suppliers, factories, warehouses and stores so that merchandise is produced and distributed. This is a resource for all mba and management students. Apr 18, 20 he has broad and rich experience in complex, high dollar value, and high stakes negotiations, total cost analysis, supply chain management, purchasing contract law, purchasing operations. Procurement lecture introduction to logistics supply chain. Supply chain management plays a significant role in the development of civilization.
A supply chain is the management of a network, which is used to deliver products and services, from the rawmaterial to the customers, through physical distribution, flow of information, and cash. Here youll find an approach to supply chain management that doesnt treat it as a tactic. Therefore, the essence of logistics is the flow of material goods and services from their place of origin to the final. Summary includes extensive explanation and focus on topics covered in lectures as well as other important topics in the book. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Procurement training, purchasing training, supply chain. Total time for materials to travel through the entire supply chain can be 6 months to a year or more. Logistics and supply chain management mba marketing. Supply chain management lecture notes flashcards quizlet. This is a brief introductory tutorial that explains the methodologies applied in the rapidly. Effective supply chains not only help ensure commodity security, they also help determine the success or failure of any public health program. Lecture notes, lectures 12 ebp018a05 rug studeersnel. Procurement lecture introduction to logistics supply. Lecture notes massachusetts institute of technology.
Issues in supply chain strategy pdf courtesy of don rosenfield. Lectures in supplychain optimization stanford university. Each decision should be made to raise the supply chain. The master specialization in purchasing and supply management at.
Operations, logistics and supply chain management lecture. E ective supply chain management is considered to be the next step in increasing pro t and market share. Aims supply chain management certification is recognised globally, and it is designed to produce knowledge and skills in all functions of supply chain. Lecture notes logistics and supply chain management. Lecture notes chapter 2 strategic supply chain management.
Fundamentals of supply chain management kenyatta university. The lecture notes on supply chain management is also available. We recommend the definition of supply chain management developed and used by the global supply chain forum. The introduction to procurement and supply chain management course is an introductory level course jointly developed by undp and empower school of health. Supply chain management focuses on how firms utilize their suppliers processes, technology,capbiity to. Management science and engineering 361 department of management science and engineering stanford university stanford, california 94305. Why do we need supply chain management anywayi reducing cost is at its full potential already by using strategies such as jistintime, lean manufacturing, total quality management, and othersbefore 1990s. Logistics and supply chains what is logistics the total management of the.
Scm is commonly understood as the optimization of logistics processes, ensuring an optimal scheduling, transport and storage of supplies. Discover a field that touches every function of global commerce supply chain management at michigan ross. Maximise the overall value generated is the difference between what the final product is worth to the customer. That means that being the person who understands how a supply chain operates can make you a highly. Home courses sloan school of management supply chain planning sma 6305 lecture notes lecture notes a sample of the lecture notes from this class is presented here, aligned with the course schedule and the order of subject presentation. Issues in supply chain strategy courtesy of don rosenfield. Ba7 051 notes syllabus all 5 units notes are uploaded here.
Operations, logistics and supply chain management lecture notes in logistics henk zijm, matthias klumpp, alberto regattieri, sunderesh heragu on. Licensed under creative commons attributionshare alike 2. Table of contentsi 1 introduction 2 the theory behind risk pooling 3 a case study 4 observations from the case. This unit or subject is examined by knec on those taking the following courses. In the right quantities to the right locations at the right time in order to minimize total system cost. Its said that in todays market, firms dont compete, supply chains do. Home courses sloan school of management supply chain planning sma 6305 lecture notes. This is a brief introductory tutorial that explains the methodologies applied in the rapidly growing area of. Supply chain management represents a great opportunity to reduce the total supply chain cycle time leading to a reduction in inventory, increased flexibility, reduced costs, and. Scmlectures lecture notes 110 supply chain management. C 720 operations and supply chain management wgu studocu. Supply chain management notes, summaries and exams studocu. Check out all supply chain management study documents. Supply chain management pdf,ebook,lecture notes download.
A supply chain is a global network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical. Start studying supply chain management lecture notes. On studocu you find all the study guides, past exams and lecture notes for this course. All lectures are courtesy of the faculty or individuals named, and used with permission. Csce is best suited for parttime and fulltime studies, and delivered 100% online.
Supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. Definition, nature and objectives of supply chain management. Introduction to supply chains what is supply chain management. Operations, logistics and supply chain management lecture notes in logistics zijm, henk, klumpp, matthias, regattieri, alberto, heragu, sunderesh on. Lecture notes a sample of the lecture notes from this class is presented here, aligned with the course schedule and the order of subject presentation. It is much about managing suppliers as about managing customers must consider both sides. Purchasing is the function in a firm responsible for the professional management of a firms interface with the supply market, to ensure its supply. Purchasing is the function in a firm responsible for the professional management of a firms interface with the supply market, to ensure its supply with the necessary goods and services provided. Economic order quantity models recorder point models multichannel inventory systems supply chain facilities layout capacity planning inventory optimization dynamic routing and scheduling.
Supply chain management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers. Mar, 2020 purchasing and supply management involves the procurement, storage, and monitoring of goods sold in a retail store, machinery, supplies, or other raw goods. Supply chain management is primarily 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 at the right time, and so as to minimize total system cost subject to satisfying. This book provides an overview of important trends and developments in logistics and supply chain research. Practitioners and educators need a common definition of supply chain management, and a shared understanding of the processes. Also traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management. Supply chain management pdf,ebook,lecture notes download for. Meaning and definition of supplychain a supply chain is a network of supplier, manufacturing, assembly, distribution and logistics facilities that perform the functions of procurement of materials, transformation of these material into interme. Lecture notes, lectures 6 supply chain and customer relationship management system. Newsvendor model pres notes for the coming class oct 05, 2009. Download supply chain management tutorial tutorialspoint.
Supply chainmanagement prepared by, sagar gadekar 2. Supply chain management objective maximise the overall value generated is the difference between what the final product is worth to the customer and the effort the supply chains expends in filling the request of the customer supply chain profitability is the difference between the revenue generated from the. These notes give basics of supply chain management. The purchasing and supply manager is the person in charge of this division of this job, as well as in managing the other employees working in this section. To understand what is supply chain management, first understand its simple definition. Transportation inventory maintenance order processing purchasing warehousing materials handling packaging customer service standards, and product scheduling a dictionary definition of logistics is. Our free supply chain management notes and video lectures what is supply chain management. Supply chain management certification online aims uk. Logistics in supply chain management is defined as the art and science of obtaining, producing, and distributing material. Diploma in supply chain management free online course. Introductions names, prior work experience including summer, what do students hope to get from class. We see it as a strategic business function the people, processes, and technology that propel products through the global economy.
Lecture notes, lectures 18 supply chain management studeersnel. Grainger and mcmaster carr our goal is to identify factors that drive supply chain success. Anna university ba7051 logistics and supply chain management syllabus notes 2 marks with answer is provided below. Supply chain management problems supply chain management scm is the process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Diploma in supply chain management module iii introduction this module unit is intended to equip the trainee with necessary knowledge, skills and attitudes that will enable himher to handle purchasing operations effectively in international markets. Management science and engineering 361 department of management science and engineering. Lecture notes, lectures 127 scm 301 penn state studocu. Notes on supply chain management free download as pdf file. Vv 30 business english vocabulary for supply chain management 1 duration. Supply chain management is the integration of key business processes from end user through.
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