TAILIEUCHUNG - Lecture Logistics management: Lecture 26 - Dr. Khurrum S. Mughal

At the end of this lecture, students should be able to define quality and total quality management, understand why manufacturers care about quality, understand the six basic concepts TQM. | 1-1 Logistics Management LSM 730 Dr. Khurrum S. Mughal Lecture 26 1 9-2 CR (2004) Prentice Hall, Inc. Pull Draws inventory into the stocking location Each stocking location is considered independent Maximizes local control of inventories Push Allocates production to stocking locations based on overall demand Encourages economies of scale in production Just-in-time Attempts to synchronize stock flows so as to just meet demand as it occurs Minimizes the need for inventory Inventory Management Philosophies 9-3 CR (2004) Prentice Hall, Inc. Supply-Driven Extensive Forecasting needed All supply must be accepted and processed Inventories are controlled through demand Aggregate Control Classification of items: Groups items according to their sales level based on the 80-20 principle Allows different control policies for 3 or more broad product groups Inventory Management Philosophies (Cont’d) 9-4 CR (2004) Prentice Hall, Inc. Costs Relevant to Inventory Management Procurement Costs Carrying costs Out-of-stock costs 9-5 CR (2004) Prentice Hall, Inc. Relevant Costs (Cont’d) Procurement costs (A significant economic force that determines the reorder quantities) Cost of preparing the order Cost of order transmission Cost of production setup if appropriate Cost of materials handling or processing at the receiving dock Price of the goods 9-6 CR (2004) Prentice Hall, Inc. Costs Relevant to Inventory Management Carrying costs Cost for holding the inventory over time The primary cost is the cost of money tied up in inventory, but also includes obsolescence, insurance, personal property taxes, risk costs, space costs, and storage costs 9-7 CR (2004) Prentice Hall, Inc. Relevant Costs (Cont’d) Out-of-stock costs Lost sales cost Profit immediately foregone Future profits foregone through loss of goodwill Backorder cost When order not lost but delayed Costs of extra order handling Additional transportation and handling costs Possibly additional setup costs 9-8 Inventory Management Objectives Good inventory management is a careful balancing act between stock availability and the cost of holding inventory. Customer Service , ., Stock Availability Inventory Holding costs Service objectives Setting stocking levels so that there is only a specified probability of running out of stock Cost objectives Balancing conflicting costs to find the most economical replenishment quantities and timing CR (2004) Prentice Hall, Inc. Inventory’s Conflicting Cost Patterns Cost Replenishment quantity Stockout cost Procurement cost Carrying cost Total cost Minimum cost reorder quantity CR (2004) Prentice Hall, Inc. 9-16

• Quản trị kinh doanh
• Logistics management
• Lecture Logistics management
• Quản trị logistics
• Logistical packaging
• Transport decisions
• Inventory strategy
• Quản trị logistics kinh doanh
• Bài giảng Quản trị logistics kinh doanh
• Business logistics management
• Chiến lược logistics
• Mục tiêu quản trị logistics
• Vai trò của logistics kinh doanh
• Mạng lưới tài sản logistics
• Hệ thống thông tin logistics
• Lập kế hoạch chương trình logistics
• Tổ chức logistics
• Thuê ngoài logistics
• Kiểm soát logistics
• Lecturte Logistics management
• History of logistics
• Logistics flows
• Corner store processes
• International logistics
• Global logostics
• Global logistics plans
• International supply chain
• Reverse logistics
• Operational factors reverse logistics
• Strategic reasons
• Concepts Logistics operations
• Logistics operations and management
• Models Logistics operations
• Logistics philosophies
• Logistics parties
• Logistics future trends
• Quản lý kho hàng
• Quản lý bao bì hàng hóa
• Quản lý logistics ngược
• Mạng lưới tài sản
• Kiểm soát hoạt động logistics
• Quá trình cung ứng hàng hóa
• Transport in the logistics chain
• Logistics chain
• Strategic factors impacting
• Warehouse management
• Logistics system
• Design consideration
• Logistics theory
• Lecture Logistics theory
• Lý thuyết logistics
• Logistics systems
• Inventory management
• Inventory management policy
• Direct shipment
• Dịch vụ khách hàng
• Quá trình cung ứng hàng hóa cho khách hàng
• Quá trình logistics trực tiếp trong bán lẻ
• Quản trị vận chuyển
• Hệ thống logistics
• Vận chuyển hàng hóa
• Quản lý hoạt động vận chuyển
• Total quality management
• Quality management
• Quality improvement
• Supply chain
• Value added
• Lead time
• Just in time
• Communication technology
• Satellite communication
• Electronic data interchange
• Role of packaging
• Purposes of packaging
• Logistics/SC in Diverse Areas
• Logistics Strategy Formulation
• Mixed strategy
• Supply chain strategy
• Managing facilitating goods
• Inventory cost
• Material management
• Manufacturing planning
• Production planning
• Supply chain management
• Bullwhip effect
• Control for supply chain management
• Supply chain logistics
• Management of supply chain logistics
• Supply chain logistics framework
• Warehouse replenishment systems