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Supply Chain Networks - Part 6

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    MOHAMED A.
    SO
    MOHAMED A.

    Hi My name is Mohamed is there other materials like text book an so on

    Sam G.
    PG
    Sam G.

    Good course presenting the supply chain eco system to holistically model all factors that interact with the supply chain and visualize all operational,strategic,management & execution issues and risk mitigation strategies

    Sam G.
    PG
    Sam G.

    Interesting case study

    Olalekan Samuel A.
    NG
    Olalekan Samuel A.

    Globalization has created a scenario in which factors that affects the global supply chain process are out of the control of the players of the supply chain but in most cases dependent on socio-economic and political factors of the countries involved in the trade.

    Frank S.
    AE
    Frank S.

    very interesting and eye opening

    Paul Romeo K.
    BD
    Paul Romeo K.

    Nice Presentation

    Md. Abdullah Al A.
    BD
    Md. Abdullah Al A.

    Is there any Software which can help us to design a better SC Ecosystem framework and to forecast the impact by changing various factors that can affect SC performance?

    Samuel B T.
    ZA
    Samuel B T.

    Environmental effect, political and financial crisis plays a pivotal role in the supply chain net work, how can this be avoided? how can forecast be applied to predict the future and reduce the cost associated with the supply chain?

    Abel C.
    GB
    Abel C.

    Agreements are made between Human beings whom are subject to Cultural, Social and Personal differentials. Good communication and trust will should be now considered an asset in Global Trade. What is your thought on that? I understand that it is not quantifiable however, this illustrates it Quality in terms of Importance.

    Ahmed Adekunle A.
    QA
    Ahmed Adekunle A.

    Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM. 1. Plan—This is the strategic portion of SCM. Companies need a strategy for managing all the resources that go toward meeting customer demand for their product or service. A big piece of SCM planning is developing a set of metrics to monitor the supply chain so that it is efficient, costs less and delivers high quality and value to customers. 2. Source—Next, companies must choose suppliers to deliver the goods and services they need to create their product. Therefore, supply chain managers must develop a set of pricing, delivery and payment processes with suppliers and create metrics for monitoring and improving the relationships. And then, SCM managers can put together processes for managing their goods and services inventory, including receiving and verifying shipments, transferring them to the manufacturing facilities and authorizing supplier payments. 3. Make—This is the manufacturing step. Supply chain managers schedule the activities necessary for production, testing, packaging and preparation for delivery. This is the most metric-intensive portion of the supply chain—one where companies are able to measure quality levels, production output and worker productivity. 4. Deliver—This is the part that many SCM insiders refer to as logistics, where companies coordinate the receipt of orders from customers, develop a network of warehouses, pick carriers to get products to customers and set up an invoicing system to receive payments. 5. Return—This can be a problematic part of the supply chain for many companies. Supply chain planners have to create a responsive and flexible network for receiving defective and excess products back from their customers and supporting customers who have problems with delivered products..

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