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Supply chain administration
is the transfer of various practices and
procedures of products from one location to another.
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.
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.
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.
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
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.
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.
PRODUCTION
HOW AND WHEN TO PRODUCE WHAT?
INVENTORY
HOW MUCH TO MAKE AND HOW MUCH TO SAVE
LOCATION/FACILITY
WHERE IS IT BETTER TO DO WHAT ACTIVITY?
TRASNPORTATION
HOW AND WHEN TO MOVE A PRODUCT
INFORMATION
– Affects decision-making and supply chain efficiency. - Helps in planning production, inventory, and transportation strategies.
PRODUCTION
INVENTORY
LOCATION
TRANSPORTATION
INFORMATION
SUPPLY CHAIN DRIVERS
PRODUCERS
DISTRIBUTORS
RETAILERS
CUSTOMERS
SERVICE PROVIDERS
PARTICIPANTS IN SUPPLY CHAIN
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.
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
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
"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.
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
customers
– End users who purchase and consume goods. - Can be businesses (for resale or manufacturing) or individual consumers.
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.
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
RAW SUBSTANCES
PROCESS INVENTORY
INVENTORY OF FINISHED PRODUCTS
TYPES OF INVENTORIES:
PROCESSING PLANTS
WAREHOUSES
CLASSIFICATIONS OF FACILITIES:
PROCESSING PLANTS
Where production occurs.
WAREHOUSES
– Where products are stored before distribution
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
Align incentives end to end
STRUCTURE YOUR SUPPLY CHAIN TO OPTIMIZE THE STRATEGIC GOALS
Keep refreshing the strategy and alignment process
Enumerate Align Supply Chain with Business Dtrategy
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.
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.