Concepts of Supply Chain and Logistics Management

Question 1

Difference between Materials Management and Physical Distribution

Answer 1

Materials Management:
- Create derive demand for physical distribution
- Production of parts and finished goods

Physical Distribution:
- Create induce demand for materials management
- Making parts and finished goods available for consumption

Question 2

Definition of Logistics Management

Answer 2

The transportation and storage of raw materials to finished goods, or even, product service, returning and product recycling

Question 3

Benefits of Effective Logistics Management

Answer 3

• Intelligent route planning
• Increased delivery productivity and efficiency
• Better intermodel operation
• Optimized cost
• Boosting profitability
• Increased customer experience

Question 4

Logistics Trends

Answer 4

• Deregulation of transportation industry
• CSR and green logistics
• Advanced Technology
• Falling product price

Question 5

Supply Chain major issues

Answer 5

• Supply Chain security and disruption (custom regulation/ global pandemic)
• Complexity (transportation requirement, customer or supplier location, SKUs)
• Supply Chain Network

Question 6

Global Supply Chain Forum Model

Answer 6

1. Manufacturing Flow Management: improve manufacturing efficiency
2. Product Development and Commercialization: marketing, decide the right product
3. Demand Management: forecast demand, contingency plan
4. Order fulfillment: performance of fulfilling and meeting customer requirement
5. Supplier Relationship Management: close relationship
6. Customer Relationship Management: improve customer process
7. Customer Service Management: providing information for customer
8. Return Management: return and reverse logistics, identify productivity improvement