Operations, supply chain

All concepts can be related to the supply chain planning matrix most of them are a re-branded description of short-term and operative supply chain planning problems. Concluding, SCM reached the highest level of crossfunctional and cross-company orientation of management concepts in the value chain with the emphasis on supply. 

Finally, all of the case chapters recognize customer centeredness as an imperative for successful organic growth. Each, to one degree or another, describes careful and detailed analysis of customer requirements as the primary consideration in the design of products, services, operations, supply chain dynamics, and customer support systems. 

Integrating strategic, tactical and operational supply chain decision levels in a model predictive control framework... 

We promote a risk-aware culture in all areas of the company s decision-making. Improving the sustainability of our own operations, supply chain management, and technology and plant safety management have been identified as important targets to meet the expectations of customers, employees and other stakeholders. ... 

Network design in supply chains deals with the selection of the best location for the facilities in the supply chain network, numbers and capacities of facilities, and optimal product flows through the selected set of facilities (Melo et al. 2009 Subramanian and Ravindran 2014). Due to increased globalization of the firms operations, supply chains have become more vulnerable to disruptions (Kungwalsong 2013 Subramanian and Ravindran 2014). Thus, supply chain disruption has become an important consideration while designing a supply chain network. 

Supply chain management requires a number of decisions to be determined at every time period. The main objectives of the supply chain network can be summarised as follows (i) maximise customer satisfaction, and, (ii) keep operating supply chain costs low. The first target is attained by the minimisation of back-orders for a period of time, while the second target is achieved by minimising transportation and inventory (storage) costs associated with the supply chain network. 

You now have your intra-operational supply chains under control in regard to timing and scheduling. You perform and deliver rapidly. You adapt flexibly to market fluctuations. Your productivity has definitely risen by 20%. You are raking in the money. 

Dick Conrad, Hewlett-Packard s Senior Vice President, Global Operations Supply Chain ... 

Operational excellence. Here, the strategy centres on superb operations and execution, often by providing a reasonable quality at low price. The focus is on efficiency, streamlining operations, supply chain management, everyday low price. Most large international corporations use this discipline. 

Ensure that operations/supply chain is seen to take action on old issues and communicates results to other functions (do not forget to tell others what has been done, there is no way that others know when you do not tell them)... 

The DuPont model (Figure 6.1) when created in a spreadsheet shows instantly how a change in any value affects ROA and ROE, among other financial and operational ratios. Inserting new values into the model provides immediate feedback about a company s operations, supply chain decisions, and policies. 

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