Lecture Fundamentals of operations management (4/e): Chapter 13 - Davis, Aquilano, Chase

Chapter 13 "Supply chain management", after studying this chapter you will be able to: Introduce the concept of a firm’s supply chain and show how it has evolved over time to its present status, identify current trends that are affecting the characteristics of a supply chain, present the requirements necessary for a successful supply chain,. | F O U R T H E D I T I O N Supply Chain Management © The McGraw-Hill Companies, Inc., 2003 chapter 13 DAVIS AQUILANO CHASE PowerPoint Presentation by Charlie Cook Chapter Objectives Introduce the concept of a firm’s supply chain and show how it has evolved over time to its present status. Identify current trends that are affecting the characteristics of a supply chain. Present the requirements necessary for a successful supply chain. Discuss the impact of technology on a firm’s supply chain. Define in-transit inventory costs and show how they impact the purchasing decision. © The McGraw-Hill Companies, Inc., 2003 13– Managerial Issues Concentration of resources on the firm’s core competencies such as supply chain management. Increasing proportion of purchased goods and services as inputs into products. Increased pressure to reduce inventories. Applying advances in information technology to strategically manage supplier relationships and the supply chain itself. © The McGraw-Hill Companies, Inc., 2003 13– Definition of Supply Chain Management Supply Chain The steps and the firms that perform these steps in the transformation of raw inputs into finished products bought by customers. Inbound Logistics The delivery of goods and services that are purchased from suppliers and/or their distributors. Outbound Logistics The delivery of goods and services that are sold to a firm’s customers and/or distributors. © The McGraw-Hill Companies, Inc., 2003 13– A Company’s Supply Chain Exhibit © The McGraw-Hill Companies, Inc., 2003 13– The Evolution of Supply Chain Management Exhibit © The McGraw-Hill Companies, Inc., 2003 13– The Evolution of Supply Chain Management Exhibit © The McGraw-Hill Companies, Inc., 2003 13– The Trend Toward Reducing the Number of Suppliers Exhibit © The McGraw-Hill Companies, Inc., 2003 13– Key Terms Supplier-Managed Inventories Inventories in a firm’s facility that are the responsibility of the supplier | F O U R T H E D I T I O N Supply Chain Management © The McGraw-Hill Companies, Inc., 2003 chapter 13 DAVIS AQUILANO CHASE PowerPoint Presentation by Charlie Cook Chapter Objectives Introduce the concept of a firm’s supply chain and show how it has evolved over time to its present status. Identify current trends that are affecting the characteristics of a supply chain. Present the requirements necessary for a successful supply chain. Discuss the impact of technology on a firm’s supply chain. Define in-transit inventory costs and show how they impact the purchasing decision. © The McGraw-Hill Companies, Inc., 2003 13– Managerial Issues Concentration of resources on the firm’s core competencies such as supply chain management. Increasing proportion of purchased goods and services as inputs into products. Increased pressure to reduce inventories. Applying advances in information technology to strategically manage supplier relationships and the supply chain itself. © The .

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