Supply Chain ManagementGroup 8

Amanda Williams

Chris Lemley

Ian Carr

Clay Garrison

Alvaro Suarez

DefinitionIs the process of planning, implementing, and controlling the

operations of the supply chain with the intention of satisfying the

customers need as efficient as possible.

A supply chain, is a coordinated system of entities, activities,

information and resources involved in moving a product or

service from supplier to customer.

Supply Chain Management (SCM) spans all movement and storage of

raw materials, work-in-process inventory, and finished goods from point

of origin to point-of-consumption.

BenefitsAs consumers demand more and better quality products, the supply

chain management must continue to perform cost reductions, quicker

deliveries, and better performance of their products. Cost-reducing Profit maximizing Powerful manufacturing improvements Product efficiency and quality efficiency facilitate higher product

demand Production improvement management is made more efficient

Payment MethodsTo achieve faster deliveries and cost reductions, businesses use:

Electronic cash Electronic representation of cash

Electronic check Mechanism for sending money from a bank account to another

person or organization

Payment Methods Cont.

Electronic Data Interchange Direct computer-to-computer transfer of transaction

information contained in standard business documents, such as invoices and purchase orders, in a standard format.

Activities/Functions Strategic

Strategic network optimization, including the number, location, and size of warehouses, distribution centers and

facilities. Strategic partnership with suppliers, distributors, and

customers, creating communication channels for critical information and operational improvements such as cross docking, direct shipping, and third-party logistics.

Information Technology infrastructure, to support supply chain operations.

Activities/Functions Cont. Tactical

Production decisions, including contracting, locations, scheduling,

and planning process definition. Inventory decisions, including quantity, location, and quality of

inventory. Transportation strategy, including frequency, routes, and

contracting.

Activities/Functions Cont. Operational

Daily production (minute by minute) and distribution planning, including all nodes in the supply chain.

Demand planning and forecasting, coordinating the demand forecast of all customers and sharing the forecast with all suppliers.

Production operations, including the consumption of materials and flow of finished goods.

Order promising, accounting for all constraints in the supply chain, including all suppliers, manufacturing facilities, distribution centers, and other customers.

Supply Chain Management demonstration

 

                                                                                    

            

Effects of SCM: Without SCM, businesses risk product

shortages or overstocked warehouses. Allows businesses to encompass the needs of

the consumer, while providing up-to-date supply and demand information to suppliers and manufacturers.

Logility Voyager Solutions Voyager Manufacturing Planning

Helps locate capacity exceptions, find alternate routes to avoid problems, and reduce cost to consumers.

Voyager Replenishment Planning Quicker response to demand – Faster Delivery

Voyager Supply Planning Creates and displays optimal supply plan;

comprehensive look at revenue and cost.

Supply Chain Management Changing economic environment

Customer demands – better, quicker, faster E-Commerce / Improving technology

Necessity of efficiency Maximizing resources + higher profit Implementation of SCM

Conclusion Businesses are only as good as their information

at hand. Supply and demand govern business operations. Companies must be ready to adapt to an ever-

changing economic and technological business environment.

The Answer : Supply Chain Management