focus areas in supply chain management ppt

Sustainability Science and Management (UMTAS) 2012, Kuala Terengganu, These advanced digital control towers give supply chain managers an end-to-end view of the supply chain. Companies will have to consider these factors and look for other resources if necessary. The technology is intended to augment human efforts by speeding up simple, repetitive tasks. So reduce your burden to make the entire concept of the presentation. [60] The region includes the interchange between I-70 and I-75, one of the busiest in the nation, with 154,000 vehicles passing through per day, of which 30–35% are trucks hauling goods. develop production technology in manufacturing flow to manufacture and integrate into the best supply chain flow for the given combination of product and markets. With the complexity of SCM, it’s not surprising why many universities offer undergraduate and graduate degrees in SCM. 0000002538 00000 n [6] Current research in supply-chain management is concerned with topics related to sustainability and risk management,[7] among others. [114] In the 2016 Eduniversal Best Masters Ranking Supply Chain and Logistics the following universities rank high: Massachusetts Institute of Technology, KEDGE Business School, Purdue University, Rotterdam School of Management, Pontificia Universidad Catolica del Peru, Universidade Nova de Lisboa, Vienna University of Economics and Business and Copenhagen Business School.[115]. (2009), have tried to provide theoretical foundations for different areas related to supply chain by employing organizational theories, which may include the following: However, the unit of analysis of most of these theories is not the supply chain but rather another system, such as the firm or the supplier-buyer relationship. Supply-Chain Management draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach. 0000005766 00000 n Combined with SRM, the use of soft skills and EI, the development of technology, evaluating the market, identifying and managing stakeholders, ensuring ethical conduct, constantly pushing towards sustainable procurement, Category Management is an excellent method to increase productivity, reduce spend and add value to the supply chain function. The company has established four centralized points, including an office in Mexico City and Canada. This law requires SEC-regulated companies to conduct third party audits of their supply chains in order to determine whether any tin, tantalum, tungsten, or gold (together referred to as conflict minerals) is mined or sourced from the Democratic Republic of the Congo, and create a report (available to the general public and SEC) detailing the due diligence efforts taken and the results of the audit. For the best experience on our site, be sure to turn on Javascript in your browser. No spam. 0000000016 00000 n [32], Many researchers have recognized supply network structures as a new organisational form, using terms such as "Keiretsu", "Extended Enterprise", "Virtual Corporation", "Global Production Network", and "Next Generation Manufacturing System". However, none of these programs offer a single set of knowledge for SCM. [citation needed], Supply-chain event management (SCEM) considers all possible events and factors that can disrupt a supply chain. Supply Chain Management Review, Vol. Just a mere piloting test on combining the purchase of fresh apples across the United States, Mexico, and Canada led to the savings of about 10%. Organizations increasingly find that they must rely on effective supply chains, or networks, to compete in the global market and networked economy. Tax-efficient supply-chain management is a business model that considers the effect of tax in the design and implementation of supply-chain management. Integrations are particularly useful for shippers who often use a combination of sea and land transportation for their products. Demand planning and forecasting, coordinating the demand forecast of all customers and sharing the forecast with all suppliers. Technologies such as artificial intelligence allow supply chains to adjust as needed[11] with minimal disruptions. Halldorsson, A., Kotzab, H., Mikkola, J. H., Skjoett-Larsen, T. (2007). 0000001364 00000 n Literature on business process reengineering[76][77][78] buyer-supplier relationships,[79][80][81][82] and SCM[21][83][84] suggests various possible components that should receive managerial attention when managing supply relationships. Bowersox and Closs (1996) state that the emphasis on cooperation represents the synergism leading to the highest level of joint achievement. AGSF Occasional Paper 17 Rome. Tony Hines defines value as follows: "Ultimately it is the customer who pays the price for service delivered that confirms value and not the producer who simply adds cost until that point".[19]. The centroid near Dayton is particularly important because it is closest to the population center of the US and Canada. However, advancements in technology give business owners plenty of ways to optimize their supply chains to ensure everything runs as smoothly as possible. Aside from blockchain, more companies are implementing IoT devices[15] to enhance the visibility of their supply chains. e major development and the signi cant increases of publications in the areas of supply chain integration and supplier-buyer relationship came in 1990s when the concept as we know it today [64] Thus, Wal-Mart, through direct sourcing, manages to get the exact product quality as it expects, since it engages the suppliers in the producing of these products, hence quality consistency. To deal with the rising costs of raw materials and their volatile availability, many companies are opting to break down their products and turn them back into their raw material form. This template can be saved in either PDF or JPG format. The management of supply chains involve a number of specific challenges regarding the organization of relationships among the different partners along the value chain. The marketing department, responding to customer demand, communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand. AI also can identify patterns in the supply chain, and companies can leverage this technology to predict purchasing demands and manage inventory.

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