chap 6 Flashcards
management of supply chain work on 3 level
strategic
tactical
operational
supply chain management strategy
product development
customers
manufacturing
suppliers
logistic
when product cycle mature or product sales drop, management may make business choices to produce and launch
product development
an organization must recognize clients for its goods and services at the strategic stage
customers
determine the appropriate manufacturing facilities and technologies. business managers must make rational choices on how goods can be made
manufacturing
the company management must settle on strategic supply chain plans for vendors . reducing a company buying spend will directly lead to a rise in earnings
suppliers
vital to the supply chain performance, order delivery is a vital aspect of the supply chain
logistics
development of supply chain strategy
customer requirements
internal capabilities
supply chain trends
competitive analysis
supply chain technology
risk assessment in supply chain
new supply chain capabilities
supply chain organization, people and performance indicators
business care and buy in
supply chain strategy execution
a demand-driven and customer-focused supply chain is productive and reliable
customer requirements
identify the differences between the current success f an organization and the existing and potential customers
internal capabilities
crucial for organization, through its coordinated supply chain approach, to identify the key supply chain patterns and how to solve them
supply chain trends
consider what the market is and most certainly would do and make the best strategic decisions on what to do and not do.
competitive analysis
technology allows an enterprise to incorporate the supply chain strategy in order to allow and sustain innovative processes and capacities
supply chain technology
robust risk identification, prority setting, management and mitigation mechanics. a company decides to participate or extend supply chain to other countries
risk assessment in supply chain
generally look at the future of the company for 3 years. company should build an inter-functional planning committee, with sales
new supply chain capabilities