LEARNING OUTCOMES
List and describe the components of a typical supply chain.
Supplier, manufacturer, distributor, retailer, customer, customer's customer.
Define the relationship between decision making and supply chain management.
SCM enhances decision making by collecting, analyzing, and distributing transcriptional information to all relevant parties, SCM systems help all different entities in the supply chain work together more effectively. SCM systems provide dinamic holostic views of organizations, users can drill down into detailed analyses of supply chain activities in a process analogous to DSS. without SCM systems, organizations would be unable to make accurate and timely decisions regarding their supply chain.
Describe the four changes resulting from advances in IT that are driving supply chain.
Although people have been talking about the integrated supply chain for a long time, it has only been recently that advances in information technology have made it possible to bring the idea to life and truly integrate the supply chain. visibility, consumer behavior competition, and spreed are a few of the changes resulting from advances in information technology that are driving supply chain.
Summarize the best practices for implementing a successful supply chain management system.
The following are the SCM industry practises:
make the sale to supplier- a large part of any SCM system extends beyond the organization to the supplier. Since the organization has very little control over anything external to itself, these pieces that the SCM system will provide to ease SCM implementation difficulties.
When employees off traditional business practices- if the organization cannot convince people that using the SCM system software is worthwhile, the employees probably find a way around using the software.
Ensure the SCM system support the organization the organizational goals- be sure to select SCM software that supports organizational goals and strategies.
Deploy in incremental phases and measure and communicate success- designing the deployment of the SCM system in incremental phases is the most successful deployment method. the BIG BANG approach is implementing everything once and fail 90 percent of the time. be future oriented