SCMT 309: EXAM 1
42 Cards in this Set
Front | Back |
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Logistics Management
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manufacturer -> consumer
&
consumer -> manufacturer
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Integrated Logistics Management
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Edward Delli
NAPDM -> CLM -> CSCMP
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ECR
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EFFECTIVE CONSUMER RESPONSE
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Generic Value Chain (Goal: Double Profits)
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Price up or down
Ads
Motivation
Sales Price
Upsell
***Warehouses INCREASE EFFICIENCY, TRANSPORTATION COSTS GO DOWN***
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VMI
|
Vendor Manage Inventory
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Bullwhip Effect
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A lot of starting/stopping in manufacturing
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Major Supply Chain Issues
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TRANSPORTATION
ORGANIZATION COMPLEXITY
INVENTORY DEPLOYMENTS\
COLLECTION AND STORAGE
COST/VALUE
TECHNOLOGY**
SUPPLY CHAIN SECURITY (9/11 change)
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C-TPAT
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CUSTOM TRADE PACT AGAINST TERRORISM
*Post 9/11 movement
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Logistics Origins
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***Military Logistics***
Oldest area of logistics
Battle of the Bulge
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Value Added Roles of Logistics*
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FORM UTILITY - Production*
TIME UTILITY
PLACE UTILITY - Logistics*
QUANTITY UTILITY
POSSESSION UTILITY - Marketing*
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Logistics Activities
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Transportation
Warehouse Storage
Packaging
Material Handling
Inventory Control
Order Fulfillment/Demand Forecasting
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Deregulation of Transportation
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BECAME A FREE FOR ALL ON OCEAN/LAND/AIR
19% up until the 1980's
fell to 10% by the 2000's
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order cycle
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from now until the time I receive it
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Nodes vs. Links
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Nodes - Fixed spacial points where goods stop for storage or processing
Links - Represent the transportation network and connect the nodes in the logistics system
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landed cost
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total cost of delivering a product
duties, fees, and taxes
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Top 5 Major Exporting Companies
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1. China (11%)
2. United States (8%)
3. Germany (7%)
4. Japan (4%)
5. Netherlands (3%)
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Top 5 Major Importing Countries
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1. United States (12%)
2. China (9%)
3. Germany (6%)
4. Japan (4%)
5. United Kingdom (3%)
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Top 3 U.S. Trading Partners
|
1. Canada
2. China
3. Mexico
***Changed due to NAFTA***
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Global Transportation
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Ocean (98%)
Air (2%)
Motor
Rail
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Major Categories of Ocean Transportation
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Liner Service
Charter Vessels
Private Carriers
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Ro-Ro
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Roll on - Roll off
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Bridge Between Germany and Japan?
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United States
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JIT Service
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Just in Time
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Cabotage
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Reserving U.S. ships/freights or U.S. carriers
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Bunkers
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Old way of carrying fuel
*Bunkers = coal*
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Small Mean Deviation
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The smaller the mean deviation, the closer or more accurate the forecast
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Inventory is also an ______?
|
asset
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Drayage
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Short distance on ground
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Inventory Costs
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If it doesn't hit hurdle rate, ten a company won't invest
Anything associated with storing inventory, you add to costs
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Push vs. Pull
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The "pull" approach relies on customer orders to move a product through the logistics system, while the "push" approach uses inventory replenishment techniques in anticipation of demand to move products
Pull (colors when customer orders) - customer service
Push (blank fabric) - cost eff…
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Independent vs dependent demand
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ie: the demand for refrigerators is independent of the demand for toaster ovens
However the demand for toaster oven components is dependent of the requirements of toaster ovens
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5 Driving Forces
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Globalization (NAFTA)
Technology (EDI)
Organization Consolidation/Power Shift in the Supply Chain (Wal-Mart & "Everyday Low Prices)
The Empowered Consumer (24/7 service)
Govt. Policy & Deregulation (changes in transportation)
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Types of Ocean Service
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Liner Service (A&M Transit) - REGULAR SCHEDULE
Tramp Service - DOES NOT OPERATE ON A REGULAR SCHEDULE
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Cost vs. Value
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Cost = efficiency
Value = effectiveness
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4 Sub-disciplines of Logistics
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Business
Military
Service
Event
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Three Eras of Globalization
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1400-1800 (natives wanting materials not on their lands)
1800-2000 (companies seeking goods and materials)
2000's-now (powered more by individuals)
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Basic Charter Types
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Time Charter
Voyage Charter
Bareboat (Demise Charter) - FINANCIAL REASONS
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Motor (Global Transportation)
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Use when shipping goods between US and Mexico or Canada
Very common in Europe
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Rail (Global Transportation)
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international railroad use is similar to domestic railroad use
Maritime Bridge concepts
Land Bridge
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Types of Cargo
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Wet Bulk
Dry Bulk (Grain)
Breakbulk (vehicles)
Containers
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The country in which a ship is registered determines:
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laws that are applicable on the ship (ship is an extension of the country's territory)
taxes the ship owner will pay
regulations followed on the ship and their corresponding costs
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Flags of Convenience
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Allows ship operator to avoid some taxes and regulations.
Panama and Liberia **
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