Supply Chain Management (Ch 15) Team F Kristen, Scott, Danny and Maddie Pictures Found on Google Images
Definition of Supply Chain Management A set of approaches and techniques firms employ to efficiently and effectively integrate their suppliers, manufacturers, warehouses, stores, and transportation intermediaries into a seamless operation in which merchandise is produced and distributed in the right quantities, to the right locations, and at the right time, as well as to minimize system-wide costs while satisfying the service levels their customers require.
Wholesaler Marketing Channel Logistics Management Distribution Center Supply Chain, Marketing Channels and Logistics
i2 Supply Chain Management Company http://www.youtube.com/watch?v=O6Bm3BYjCd0
Strategic Relationships in Supply Chains We’ve seen two videos on the relationship between Payless Shoes and i2 Supply Chain company. Do you trust the information presented in these videos? Do you think this relationship is beneficial to both Payless and i2? Do you think Payless’ viewpoint on this relationship is different from the views in the videos?
Making Information Flow Supply Chains players: Manufacturers Buyers Distribution Centers Stores Customer Payless Shoes has over 4500 stores, thousands of SKU’s, tons of shoe manufacturers and a wide target market. What are some of the challenges of making information flow in such a complex system?
Methods for Information Flow Push and Pull Supply Chains Pull~ Orders generated at store level, and based on sales data Push~ Merchandise is allocated on basis of demand. Is McDonald’s a push supply chain, pull supply chain or some combination of both? How does the perishable aspect of food affect their system of supply chain? Found on McDonald's website
Making Merchandise Flow The Distribution Center Inbound Transportation Receiving and Checking Storing and Cross Docking Getting Merchandise Floor Ready Shipping to Stores Inventory Management using Just-In-Time Systems Discussion: Both Payless and McDonald’s have to depend on a Just-In-Time System, but for different reasons. Why is this system necessary for the food and apparel industries?
Managing the Supply Chain Types of Supply Chain Independent/Conventional Vertical Administered Contractual What type of Supply Chain does each firm utilize? What are the risks, what are the benefits?
Thank you for Listening! All Definitions are from the textbook and the following three websites were used for our examples: i2 example: http://www.youtube.com/watch?v=O6Bm3BYjCd0 Payless example: http://www.youtube.com/watch?v=IPl7RCd5G7s McDonald’s example: http://boyerverma.com/wordpress/?p=45