SCM DRIVERS AND PARTICIPANTS

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30 Terms

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Supply chain administration

is the transfer of various practices and

procedures of products from one location to another.

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PRODUCTION

refers the ability and storage capability of a supply chain. In this

operation, master planning of plant resources, workload balance, quality

control, and maintenance are developed.

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inventory

This is one of the leading forces in supply chain management

which would enable potential inventory demand for more output to be

predicted and, thus, raw material requirements be managed

Serves as a security buffer to manage supply chain uncertainties.


main objective is to serve as an insecurity shield in the

supply chain.

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location/facility

are the location of the

stock, the fabrication, or the assembly. This

enables plants to be classified into

processing plants and warehouse

installations.

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LOCATION/FACILITY

When we speak of processing

plants, all the production processes occur

like producing a specific product, and no

further supply chain operation can be

continued without a production supply chain

because when there is a product, it is often

necessary to store the whole product where

the whole inventory remains.

Determines where stock, production, and assembly take place

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TRANSPORTATION

The goods cannot be transported to the correct location at the right time

without providing an appropriate transport system. Efficient and

successful transport system is important to increase movement of a good

commodity from output to the consumer.

Moves goods from production to consumers efficiently. - A reliable transportation system ensures timely and cost-effective deliveries.

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INFORMATION

The decision-making and future plans play an important role not just in

the supply chain, but also in other market intelligence functions.

??????? may be used specifically to improve other drivers'

efficiency. The knowledge flow in the supply chain management

process has a significant effect on the judgment of the organization.


Affects decision-making and supply chain efficiency. - Helps in planning production, inventory, and transportation strategies.

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PRODUCTION

HOW AND WHEN TO PRODUCE WHAT?

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INVENTORY

HOW MUCH TO MAKE AND HOW MUCH TO SAVE

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LOCATION/FACILITY

WHERE IS IT BETTER TO DO WHAT ACTIVITY?

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TRASNPORTATION

HOW AND WHEN TO MOVE A PRODUCT

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INFORMATION

– Affects decision-making and supply chain efficiency. - Helps in planning production, inventory, and transportation strategies.

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  1. PRODUCTION

  2. INVENTORY

  3. LOCATION

  4. TRANSPORTATION

  5. INFORMATION

SUPPLY CHAIN DRIVERS

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  1. PRODUCERS

  2. DISTRIBUTORS

  3. RETAILERS

  4. CUSTOMERS

  5. SERVICE PROVIDERS

PARTICIPANTS IN SUPPLY CHAIN

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SUPPLY CHAIN

in its most basic sense, is made up of a company

and its suppliers and consumers. This is the basic collection of

participants that make up a simple ????? .

At an outset of an expanded _____ there is the source's supplier or the final supplier. Then, there is the buyer's customer or final customer at the end of a long supply chain.

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producers

Manufacturers or _________ are companies

producing a commodity. Companies that

manufacture raw materials, as well as companies

that produce finished products, are included.

Companies that manufacture raw materials or finished product

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distributors

are companies that take stock of

producers in bulk and provide customers with a

package of related product lines. The ???????

provide the "time and place" role for the consumer,

they supply goods when and where they are wanted

by the customer.

Buy products in bulk and supply them to customers. - Ensure goods are available when and where needed

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"time and place"

Distributors are companies that take stock of

producers in bulk and provide customers with a

package of related product lines. The distributors

provide the ????????? ? role for the consumer,

they supply goods when and where they are wanted

by the customer.

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retailers

store products and distribute them in

limited amounts to the general public. This company

often actively monitors the needs and demands of

the consumers to which it offers. It advertises to its

consumers and often uses a mix of price, product

range, service, and comfort as the primary appeal to

gain customers for the goods it offers.

– Sell products directly to the public in smaller quantities. -Monitor consumer demand and adjust inventory accordingly

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customers

– End users who purchase and consume goods. - Can be businesses (for resale or manufacturing) or individual consumers.

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Service Providers

Some companies provide services to manufacturers,

dealers, suppliers, and consumers.

Companies that offer specialized services (e.g., logistics, marketing, and quality control). - Help manufacturers, distributors, and retailers operate efficiently.

manufacturers, dealers, suppliers, and consumers.

have

established advanced experience and capabilities that

are based on a specific task requested by a supply chain.

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align incentives end to end

Internal performance reviews and bonus systems

must be consistent with the metrics that have been

developed. Supplier demand monitoring and market

mode is should balance the incentives of suppliers

with the needs of the business. Do not ignore that the

channel and market control are also elements of the

supply chain

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  1. RAW SUBSTANCES

  2. PROCESS INVENTORY

  3. INVENTORY OF FINISHED PRODUCTS

TYPES OF INVENTORIES:

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  1. PROCESSING PLANTS

  2. WAREHOUSES

CLASSIFICATIONS OF FACILITIES:

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PROCESSING PLANTS

Where production occurs.

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WAREHOUSES

– Where products are stored before distribution

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Aligning the supply chain with business strategy

The supply chain of an organization is an essential component of its

approach to the markets it represents. The supply chain must adapt to

industry demands while still supporting the company's corporate plan. An

organization's corporate plan begins with the wishes of the clients whom

the company represents or may service. A company's supply chain must

have the optimal balance of responsiveness and efficiency based on the

demands of its consumers

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  1. Align incentives end to end

  2. STRUCTURE YOUR SUPPLY CHAIN TO OPTIMIZE THE STRATEGIC GOALS

  3. Keep refreshing the strategy and alignment process

Enumerate Align Supply Chain with Business Dtrategy

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Structure your supply chain to optimize the strategic goals

This is the stage at which the company addresses

the following supply chain design elements: supply

chain network, location, supplier range and business

jargon, inventory and preparation strategy, and

operational structure.

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SUPPLY CHAIN MANAGEMENT

is an evolving market area and plays an important role in every enterprise's growth.

ensures the timely and cost efficient delivery of products and services

today focuses on using smart technology to improve efficiency and decision-making.