logistics related issues and solutions of some core questions of scm
TRANSCRIPT
Md MamunID:
Question: Why can the current movement toward the establishment of supply chains be characterized as a revolution?
Internet is integrating the supply chain activities
• Internet based collaborative system
- Value added
-Cost reduced
-Effective Information Flow
--Greater combination of technology
--Smooth flow of information
Core competence and specialization
Outsourcing non-core activities and emphasizing on main business
1. Nestle 2. Corn Flakes
Globalization
• Global trade, standardization puts pressure on SC & expands business, quality as well
Pronoto Das GunjanID: 104857
Question: Compare the concept of a modern supply chain with more traditional
distribution channels, be specific with similarities and de-similarities ?
Traditional Supply Chain
Considers the individual companies and elements within a firm as separate units that represent "functional" entities.
Modern Supply Chain
-Creation of value, not just money saving robot.- Integrating all sectors with companies main objective- Effective use of Information Technology
Traditional SCM
Single Entity
Functions
Production Orientation
Multilevel Distribution
Profit Collection
Modern SCM
• Logistics• Procurement
• Conversion
• Sourcing
Value Generation
Integration
Standardization
Information Value
Proposition
LogisticsLogistics is the process of planning, implementing and controlling the effective and flow of goods and service from the point of origin o the point of consumption.
The important role by lositics in SCM
To create value for customers and stockholders
To satisfy the customers
Md. Abul AsadID: 104873
Question: Describe integrative management, Be specific concerning the relationship between function and process ?
Integrative Management
An integrated management system (IMS) is a management system which integrates all components of a business into one coherent system so as to enable the achievement of its purpose and mission.
BUSINESS FUNCTIONA process or operation that is performed routinely to carry out a part of the mission of an organization.
BUSINESS PROCESS A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers
Mohammad Azam MiahID no :
Question: In terms of enterprise extension, describe the importance of the information-sharing and process Specialization paradigms?
The information sharing paradigms the widespread belief that
• The information sharing paradigm
Achieving a high degree of cooperative behavior requires
Supply chain participants voluntarily share operating information and jointly plan strategies.
Willingness to share information about future strategic initiatives
Suppliers
Wholesalers
Distributors
Retailers
Customers
Agents
Information Sharing
The information sharing paradigms the widespread belief that
Collaboration should span beyond the sales history.
Emphasizes information sharing
Supply chain participants collectively do the things customer demand faster and efficiently.
• The information sharing paradigm
Suppliers
Wholesalers
Distributors
Retailers
Customers
Agents
Information Sharing
• PSP is commitment to focusing integrative arrangement on planning joint operation.
1. Goal is to non-productive or non- value adding redundancy in a supply chain.
2. Helps to design the overall supply chain process.
3. Sharing information and joint planning can reduce risk related to inventory.
4. Collaboration can eliminate duplicative or redundant work.
5. Introduces new challenges regarding risk sharing, trust,leadership and conflict resolution.
Process Specialization paradigm
Md. Helal UddinID:
Question: Describe and illustrate an integrated service provider. How does the concept of
integrated service provider differ from traditional service providers, such as for-hire
transportation and warehousing?
Integrated Service Providers (ISP)
• Also known as third-party logistics providers provide a range of logistics services that includes all work necessary to service customers.
Integrated service provider
• ISP is of two types, - Asset based &
- Non Asset based .
• In asset based firm own and operate transportation equipment & warehouse build.
• Non Asset based firms provide comprehensive information services.
Traditional service provider
• TSP is for- hire transportation and warehousing.
• Benefits
- Elimination of capital investments in warehousing buildings .
- Balancing small shipment for combined delivery.
Name: Md. Iqbal HossainID:
Question: Compare the third party and fourth party integrated logistics service providers
Third party service providers Fourth party service
providers
Known as asset based service
providers.
Known as non asset based
service providers.
Provide distribution channel
for the company.
Support consultancy service
for the manufacturer.
Support transportation service
for the company’s product
with other company’s product.
Work with companies to
product development.
Provides information for the
company in related matters.
Find the quality of the
company’s products and
suggest the company
maintain standard quality.
Name: Md. Suel PramanikID:
Questions: Compare and contrast manufacturing and geographic postponement?
Postponement is a business strategy that maximizes possible benefit and minimizes risk by delaying further investment into a product or service until the last possible moment.
Example of umbrella showing whitw colors to multi colors . By images
Manufacturing Postponement
Or Form postponement
• Until customer specification is known,
• Until purchase order is confirmed
• Product is produced one order at a time, with no preparatory work.
Geographic Postponementor Logistics Postponement
• Total opposite of Manufacturing Postponement .
• To build and stock a full-line inventory at one or strategic locations.
Name: Liza KhanamID:
Question: Define and illustrate cash-to-cash conversion, dwell-time minimization and cash spin. How does supply chain strategy and structure impact each?
Cash to Cash Conversion
Cash-to-cash conversion is the time required to convert raw material or inventory purchases into sales revenue.
Dwell time :
Is the ratio of the time that an asset sits idle Satisfy its designated supply chain mission
As an example dwell time would represent the ratio of the time inventory is in store to the time it is moving orcontributing to achieve supply chain objectives.
Image opf invenmtory in store and inventory moving out