Synchronized supply chains

A similar solution but deriving from a business environment is offered by SAP, a leader in business software. The business software mySAP permits a transparent and synchronized supply chain with direct access of the production management to yield, personal costs, maintenance, raw material and energy consumption [105],... 

Anderson, D., and Lee, H. (1999), Synchronized Supply Chains The New Frontier, Achieving Supply Chain ExceUence Through Technology Project, www.ascet.com/ascet. Understanding the New Frontier. 

The synchronized supply chain has been tested repeatedly and it does address the more common problems of the traditional approach. The key is communication from the market. Material and information is released into the system based on the consumption at the primary control point. Every supplier of raw material as well as every producer along the supply chain is linked to that actual demand. Strategically sized and located buffers of inventory are designed to absorb the unpredictable variability, and sufficient protective capacity is planned to maximize the velocity of the product flow. As a result, the waves of demand are avoided and the productivity of the entire system is made much more predictable. As well, the properly synchronized system is more stable and easier to manage. 

Synchronized supply chain, bullwhip identification Information exchange Production fluctuations Top down 29, 31... 

Economic Order Quantity (EOQ) A fixed order quantity model that determines the amount of an item to be purchased or manufactured at one time. The model minimizes the combined costs of acquiring and carrying inventory. When production rates are closer to consumption rates, as in a synchronized supply chain, the production quantity approaches infinity, or continuous operation. 

Synchronized supply chain A general vision of having all links in the supply chain producing at the same rate as customer demand. Obstacles include coordination, batch size limitations in production, and inability to share information. However, synchronization is a useful goal as it is likely to provide high levels of customer service at low cost relative to unsynchronized supply chains. The term is somewhat synonymous with a lean supply chain. 

Supply chain simulation, global Supply chain software Supply chain system leader Supply chain, synchronized Supply chain, inter-corporate Supply chain, intra-corporate Supply chain vision Supply chain visualization Supply chain value analysis Synchronized processes... 

Manrodt, K., Moore, P. and Holcomb, M. 2005. Collaboration enabling synchronized supply chain. Report on Trends and Issues in Logistics and Transportation, New York. 

Figure 7.1 depicts the difference between the conventional supply chain with limited transfer of information and the synchronous supply chain with network-wide... 

One of the major advantages of moving to OR and synchronous supply chain strategies is that, by reducing lot quantities and increasing the rate of throughput in the logistics system, modulations in the level of activity in the pipeline can be reduced. 

Another approach that seeks to improve synchronous supply chain processes is that of vendor-managed inventory (VMl). Here, the supplier takes responsibility for planning and controlling the customer s inventory (see section 8.4). The advantage is that a large element of imcertainty in the supply chain is removed... 

Synchronizing Supply Chain and Product Development Decisions... 

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