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    Istvan K.
    GB
    Istvan K.

    What are Supply Chain Networks? Behind every product there is a supply chain Earlier, the network was fully owned by one company Today,it is a network of companies,located in different countries,involved in product design,manufacture and delivery to customers Components may be sourced from several countries,assembled in another country and distributed to customers all over the world>>Network coordination is important

    Istvan K.
    GB
    Istvan K.

    Horizontal and vertical globalisation In horizontal FDI, MNCs duplicate same activities in multiple countries In vertical FDI, firms locate different stages of production in different countries The basic difference between the two is: Horizontal integration always occurs at the same stage in the supply chain Vertical integration always occurs at different stages of the supply chain

    Istvan K.
    GB
    Istvan K.

    WHAT ARE THE THREE MAIN FLOWS? Material Information Financial Logistics networks provide a streamlined material flow among all partners, reducing lead time and cost Communication networks provide integration of information among companies of the supply chain network Financial networks connect all institutions providing funds, letters of credit and insurance

    Istvan K.
    GB
    Istvan K.

    WHAT ARE THE 3 SUB NETWORKS? 1. Demand Sub Network: Consists of manufacturing, distribution, retailing, logistics and finance. Perfect delivery is important. 2. Supply Sub Network: B2B network consisting of suppliers, manufacturers, inbound logistics, financial institutions and freight forwarders. 3. Service Sub Network: connects consumers with suppliers and manufacturers after sales service centres

    Istvan K.
    GB
    Istvan K.

    WHAT ARE THE 3 BUSINESS PROCESSES? 1. Procurement:Sourcing raw materials and components from the suppliers:Vendor and logistics provider selection, delivery scheduling and inventory management. 2. Manufacturing: could be a single location or geographically distributed 3. Distribution and Retail: consists of Packaging, Transportation and Warehousing. Options include direct shipping or outsourcing to third parties

    Istvan K.
    GB
    Istvan K.

    WHAT ARE THE 6 DOMINANT PLAYERS? 1. Suppliers 2.Logistics players: B2B 3.Logistics players: B2C 4. Contract manufacturers 5.Distributors 6.Retailers They are independent companies globally distributed and highly connected

    Istvan K.
    GB
    Istvan K.

    WHAT IS LIFE CYCLE BASED LOGISTICS? Logistics depends on the life cycle of the product MANUFACTURING LOGISTICS: movement of semi-finished items from one machine shop to another OUTBOUND LOGISTICS: movement of finished products from one end of the production line to the consumers INBOUND LOGISTICS: movement of raw materials from one source of supply to the beginning of the production line SPARE PART LOGISTICS:movement of spare parts from manufacturers via dealers to customers REVERSE LOGISTICS: movement of used goods from consumers to manufacturers

    Istvan K.
    GB
    Istvan K.

    WHAT ARE 1PL, 2PL AND 3PL ? 1PL Most manufacturers handle all logistics functions including trucking and warehousing 2PL They are basic transportation and storage providers such as truckers, warehouses and container lines having high level of asset intensity 3PL They provide end to end total value added logistic solution

    Istvan K.
    GB
    Istvan K.

    WHAT ARE LEAD LOGISTICS PROVIDERS (LLP)? LLPs follow the leveraged growth model that mobilizes the needed assets and capabilities existing within other companies to deliver to its customers Global Supply Chain Networks Global Manufacturing Supply Chain Networks have proliferated as a result of convergence of several technologies and co-evolution of several global players. Institutions and Supply Chains Global Supply Chains pass through several countries and have to be managed effectively to minimize lead time and inventory

    Neville S.
    ZA
    Neville S.

    i cant complete the learning nad outcome and lesson summary help please

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