SCM 301 Final Exam Review Review homework 4 and 5 Know how to do the problems On Angel there are solutions to class exercises 38 are multiple choice and 2 Matching 4 questions on project management should be able to pick out 5 questions on sourcing 5 questions on purchasing 4 questions that deal with the lecture on customer fulfillment 4 questions on logistics 8 questions on warehousing 3 questions on transportation 3 questions on the return process 4 questions on information technologies 7 math questions 4 chart table questions Gantt Chart Example p 112 Be able to interpret what it tells you Applying Network Techniques p 116 What does a network tell you Critical path The longest path through the network Tells you the shortest time you can be done Interpret a simple network chart and know what it s telling you Finding the critical path you should be able to know which things you can crash Crash question on homework 4 Know the definitions Make Buy Considerations Lowest total cost drives us in the first place Once you figure out what that is that s the starting point Looked at that at both a long term view Know the make buy decisions based on where the lines fall Short term static view all of those costs which is the best option Add all the costs together and multiply by how many you need to make Lowest total cost will tell you which is the best one shows all the costs for the options Figure out given Sourcing Strategies What is the difference between single source and multiple source Know why we would do each one Knowing why we would chose to go with either one Multiple Suppliers Choosing more than one company to give us supply Cross Sourcing Dual Sourcing Both enhance competition Purchasing Process Understand how this process flows What starts the process What is that process Starts with an idea or need and ends with someone paying the bill and then reevaluating how it went Up in the top portion we talked about a lot of detail that goes into that The difference between want and a need Portfolio Analysis Leverage competitive bidding Critical leverage routine and bottleneck Each with have different tactics Critical you negotiate Bottleneck combination of both Routine make it as simple as possible They drive you to do different tactics and strategies Supplier Selection Process Difference between competitive bidding and negotiation When we do each one of those things If we re going to make a contract is it price based or cost based What drives the contract process one way or another at one level or another In terms of doing competitive bidding how to evaluate bids from other companies Weighted point system found in homework Deliver Process Broken down into 4 main processes Demand management customer service order management and logistics Logistics can be broken down further to 4 different types or ways to evaluate it Channel analysis can we take an item and follow it through the supply chain and add cost and come up with the total landed cost Don t want to sell a product for less than it s total landed cost Idea of perfect order a customer metric It s a dynamic or moveable metric Homework problem on how to figure this out Warehousing Decisions What is warehousing Both movement and storage Should we have a warehouse in the first place A lot of that is just the total cost analysis Is it worth it to put a warehouse in our supply chain Landed cost is important here Ownership what is the difference between public private and contract warehouses Which one you use in different circumstances Should be able to tell if a given quantity favors public private or another type of warehouse Deciding whether to go with one warehouse or a decentralized warehouse Cost of lost sales transportation costs Drew that out graphically This is the question that he said a lot of people would miss At what point do we decide how many warehouses we have Size and Design how big should a warehouse be How do we figure that out homework question on that What kind of processes occur what are the things we look for We build up and not necessarily out We flow in one direction minimize aisles use cross docking Know what cross docking is and how it s applied Location Where we re physically going to put a building on the ground Weighted Center of Gravity Method Knowing where you re going to put your warehouse Where there s land electricity power etc Evaluation Selection of Transport Alternatives What value it brings to the supply chain Different modes and the criteria how we assess Question 15 from the homework Know the criteria s Supply Chain Return Processes What are we interested in Return reuse recycle repair remanufacture Know what all of those things are Closed loop vs open loop system Given a scenario could you pick out which process you should recommend using Design for the Environment How to design the process to sustain for the environment Know the steps that we go through for the products and packaging Major Barriers to Green Supply Chains Why don t we do as good of a job as we could do What is inhibiting us from being super green Know some of the problems Supply Chain Information Systems Being able to rank systems from very tactical or systems that record history all the way down to the systems that are strategically focused that allow us to modeling optimization and project where we should build our supply chain and who we should use What is ERP EDI E Business Know those And why they are important Be able to pick out which one they each are