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