Week 3 SC relationships Flashcards
- disruptions
- yield uncertainty
- lead time
supply forecasting examples
- technology
- seasonality
- customer prefs.
- # competitors
demand forecasting examples
assumes demand in next period is the same as demand in most recent period
last period demand
Ŷ =Yꜜt-1
Ŷ = forecast demand for period 1
Y ꜜt-1 = actual demand in previous period
the extreme opposite of last period demand
simple average of all past demand
arithmetic average
Ŷ = Y1 + Y2 + … + Yn /
n
somewhere in between last period demand and arithmetic average
moving average
Ŷ = Yꜜt-1 + Yꜜt-2 + … + Yꜜt-n /
n
uses a weighted average of past data to predict future values
exponential smoothing
when a person or company storing their goods themselves and transporting them to teh end user
1PL
asset based carrier that is responsible for the method of transportation
2PL
an external supplier that perfomrs or manages the performance of all or part of a companys logistics function
3PL
manages the clients entire supply chain and takes the initiative in designing and optimising the supply cahin
4PL
little or no integration or collaboration, short term
which relationship is this ?
transactional relationship (vendor)
a working arrangement where people or groups work together to achieve a common goal
which realtionship is this ?
collaborative relationship
(vendor)
more strategic and highly relational, long term
which realtionship is this ?
strategic relationship
(alliance)
- perform strategic assessment-identify core competencies (make or buy decision)
- decision to form relationship (
compelling reasons to partner
drivers
