Achieving Effective Strategic Supply Chain Management Flashcards
what is network optimisation modelling?
is computer software to accurately assess risk and rewards for a range of scenarios base on different levels of demand, cost and capacity within the SC
what can effect SC design?
type of customers, categories being purchased, products & services involved, suppliers of those categories
what are the main categories can you segment SC strategies into?
customer (importance, profitability, location, size, volume, PADI) range of products or services (innovation, uniqueness) supplier's attitudes (supplier preferencing) category market (kraljic matrix: leverage, bottleneck, routine, strategic)
where are 2 main options to achieve improved SC efficiency and effectiveness?
co-operative organisational relationships (collaborative relationships, integrated SC network, outsourcing, off-shoring, low cost sourcing)
effective business processes (process re-engineering, reduce cycle times, lean, agile, ICT automation)
what are some of the options available to encourage collaboration?
network sourcing, strategic alliances, outsourcing, in-sourcing, internationalisation, supplier relationship management
define supplier relationship management
process of analysing, planning, and controlling the organisation’s relationships.
in order to leverage those as more important to the org’s long term benefit, in line with strategies
effective business processes - what are the 5 steps to improve demand accuracy?
1- statistical forecasting 2- causal event management 3- promotions management 4- demand plan integration 5- reduce variability
what is the purpose of Porter’s value chain?
to analyse and understand the costs and value adding activists
what is leaving thinking?
belief in quality, waste elimination, and employee involvement
ESI, transparency, price reductions based on joint programmes
what is agile supply?
streamlining the physical flow of parts from suppliers
streamlining & synchronising the flow of info
being adaptable & responding to Channing requirements
what are the 7 Ohno wastes?
over production, waiting, transport, inappropriate processing, unnecessary inventory, unnecessary movements, defects
what are the 4 key elements of a distribution system?
channel design, (best to deliver the value, optimise value & resources- customer loyalty & sales)
logistics flow path, (physical flow)
physical network configuration, (modelling analysis, optimise network variables, Inc transport, dist centres costs, facility costs, inventory cost, customer service)
integration and collaboration strategy (data integration, SC capability development, supplier & customer collaboration)
what are the key elements of a strategic plan?
1- background/current position 2- vision and mission 3- proposed structure for the function 4- resources need 5- business case (ROI) 6- change management plan
what’s the purpose of a business case and what will it need to consider?
summary of strategic options, cost and benefits
highlight SC continuously evolve and need for change, how effective SCM can be achieved, justification, how performance will be measured
what are the objectives and purpose of the business case?
comp advantage, reduce product cost, respond to Inc customer demands, shorter product life cycle, leverage IPR, outsource non-core activities
when, why, which way
