TAILIEUCHUNG - Lecture Advances in supply chain management - Chapter 6

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. | Advances in Supply Chain Management Chapter 3: Types of Supply Chains Lec 6 : Learning Objectives 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, this lecture will defines a “supply chain typology”, supporting the SCOR-model at level 2. The second level deals with the configuration of the supply chain. At this level typical redundancies of established businesses, such as overlapping planning processes and duplicated purchasing, can be identified. Delayed customer orders indicate a need for integration of suppliers and customers. SUMMARY of Last Lecture The present lecture has further analyzed the concepts and models related to inventory management. It included basic types of inventories, distinguished between independent and dependent demand, cost of inventories and their turnover. Explanation of ABC classification was also included. How RFID can be used in inventory management, EOQ model and its underlying assumption, the relationship of quantity discount and EMQ models with EOQ model. Further distinguished among various statistical ROP models and described the continuous and periodic review system of inventory management. The purpose is the optimization of inventory: to balance the costs arising from holding inventories and the benefits of it. In the coming lectures, we will show how APS can support this critical task of inventory management. So far the previous lectures has given the detailed analysis of the operations and processes constituting the supply chain has given the clear picture of the structure of existing supply chain and the way it works. Key performance measures and inventory analysis and management has aslo been explained in detail to achieve supply chain excellence. The SCOR-model already discussed in lecture 3 is an excellent tool to analyze, visualize, and discuss the structure of the supply chain,

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