UH SCM 3301 - Chapter 13~Supply Chain Process Integration (2 pages)

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Chapter 13~Supply Chain Process Integration



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Chapter 13~Supply Chain Process Integration

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During this lecture we finished the contents of chapter 13 needed for the final exam


Lecture number:
19
Pages:
2
Type:
Lecture Note
School:
University of Houston
Course:
Scm 3301 - Service and Manufacturing Operations
Edition:
1

Unformatted text preview:

SCM 3301 1st Edition Current Lecture Lecture 19 CHAPTER 13 Obstacles to Supply Chain Integration The Silo Mentality o Acting only in regard to a single department within the firm or a single firm with the supply chain local optimization Lack of Supply Chain Visibility o The inability to easily share or retrieve trading partner information Lack of Trust o Unwilling to work together or share information Lack of Knowledge o Lack of process or information system skills The Bullwhip Effect Indication Symptoms o Poor Capacity Planning Supply Demand Integration Balance o Excess Inventory High inventory Carry Costs Low Turnover o Stock outs Low Customer Service Levels o Excess Supply Chain Costs Demand Forecast Updating o Order variability creates variability in forecasts o Solutions CPFR Vendor Managed Inventory VMI Order Batching o Artificial batching of orders creates additional variation end ofquarter Price Fluctuations o Sales create artificial demand variability Rationing and Shortage Gaming o Rationing of product inflates subsequent orders Managing Supply Chain Risk Managing Supply Chain Risk SCM 3301 1st Edition o o o o o Increase safety stocks and forward buying stockpiling Identify backup suppliers and logistics services Diversify the supply base supply redundancy Utilize a supply chain IT system across supply chain i e ERP Develop a formal risk management program



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