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Lecture Advances in supply chain management - Chapter 7

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After reading the material in this chapter, you should be able to: To answer such questions as .What is planning? And its role in the management of supply chain. Role of APS, advances in SCM and planning task along the supply chain help in the successful execution of supply chains. | 1 Advances in Supply Chain Management Chapter 4 : Advanced Planning 2 3 Lec 7 : Learning Objectives To answer such questions as .What is planning? And its role in the management of supply chain. Role of APS, advances in SCM and planning task along the supply chain help in the successful execution of supply chains. 4 SUMMARY of Last Lecture Advanced planning in supply chain management is crucial in today’s competitive environment. The SCOR-model is an excellent tool to analyze, visualize, and discuss the structure of the supply chain, and to reveal redundancies and weaknesses. It enables the formulation of structural changes and strategies to improve the performance of the supply chain as a whole. However, when it comes to advance planning, the SCOR-model needs to be supplemented. To be able to identify the type of decision problems facing the supply chain and guide the selection of standard or specialized modules, models and algorithms for decision making, last lecture has defined a “supply chain typology”, supporting the SCOR-model at level 2. Two examples were illustrated before, the use of the typology and will be resumed in lectures in order to design planning concepts fitting the particular requirements of these two types of supply chains. 5 LAYOUT What is Planning? Role of Advanced Planning System Planning Tasks Along the Supply Chain Supply Chain Planning Matrix Long-Term Planning Tasks Mid-Term Planning Tasks Short-Term Planning Tasks Coordination and Integration 6 What is Planning? Why planning? Along a supply chain hundreds and thousands of individual decisions have to be made and coordinated every minute. These decisions are of different importance. They comprise the rather simple question “Which job has to be scheduled next on a respective machine?” as well as the very serious task whether to open or close a factory. The more important a decision is, the better it has to be prepared. This preparation is the job of planning. Planning supports . | 1 Advances in Supply Chain Management Chapter 4 : Advanced Planning 2 3 Lec 7 : Learning Objectives To answer such questions as .What is planning? And its role in the management of supply chain. Role of APS, advances in SCM and planning task along the supply chain help in the successful execution of supply chains. 4 SUMMARY of Last Lecture Advanced planning in supply chain management is crucial in today’s competitive environment. The SCOR-model is an excellent tool to analyze, visualize, and discuss the structure of the supply chain, and to reveal redundancies and weaknesses. It enables the formulation of structural changes and strategies to improve the performance of the supply chain as a whole. However, when it comes to advance planning, the SCOR-model needs to be supplemented. To be able to identify the type of decision problems facing the supply chain and guide the selection of standard or specialized modules, models and algorithms for decision making, last lecture has defined a

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