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Logistics & Supply Chain Management short only questions

only questions he asked and review of prep questions he prepared

only questions he asked and review of prep questions he prepared


Kartei Details

Karten 296
Sprache English
Kategorie BWL
Stufe Universität
Erstellt / Aktualisiert 07.01.2021 / 11.01.2024
Lizenzierung Keine Angabe
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What is a supply chain and which current developments change the supply chain processes?

Supply Chain is a complex system of people, processes, and technologies engineered to deliver value to a customer for the lowest total cost.

There are multiple new items changing the supply chain process due to new technology.

  • 3D printing
  • Robotics automation
  • Industry 4.0, complete networking between machines, manufactured services or offer and the environment to people.
  • Working and fighting machines. E.g. drones used for transport

Which influencing factors also affect the business processes and the results of a company?

 

Goods and services, payment and data

Customer requirements, costs and supplier network, stock levels, manufacturing, transport cpacities.

 

Different technologies can influence.

Robots in warehousing or home for elderly, industry 4.0 flexible and networked manufacturing, fully-networked railway infrastructure, drones

How can the success of a company be measured?

 

By the efficiency and effectiveness of their work.

What are the elements of a supply chain?

Typical elements are

  • Supply chain strategies
  • Supply chain processes with plan of source make deliver.
  • Information systems
  • Organisation
  • Performance indicators of customer service, cost , flexibility, assets

What are the approaches for looking at a supply chain?`

 

  • Supplier-centric approach: supply chain as a network of suppliers producing goods
  • Customer-centric approach: a supply chain consists of all the levels required (direct or indirect) to fulfil a customer request
  • Systematic coordination between all required parties: combine supplier-centric & customer-centric
  • Demand-side approach: demand chain focuses on market demand towards supplier
  • Organization-related consideration of the supply chain: supply chain as a series of organizational units both within a company as well in other companies.
  • Single-stage supply chain: reflects only direct relationships between suppliers and customers
  • Multi-stage supply chain: in extreme cases, it maps all stages, from raw material through the disposal or recycling of end-of-life- products. Complexity increases, no chance to monitor all stages, limit themself on two levels
  • Market-driven supply chain: market decisions determine the nature of the supply chain. Investment, strategies, cooperation, market decisions
  • Functional supply chain: analysis according to the main activity of the operational functional areas. Purchasing, manufacturing, movement, warehousing, sales

According to which strategies can a company align itself with regard to the supply chain?

  • Product or target group
  • Strategy resp. Requirement
  • Flow perspective

 executed by definition, concepts and strategies

What are the typical categories of supply chains?

Product or target group

  • Product-centric, focus on individual products (volume)
  • Customer centric, focus on special target groups

Strategy resp. Requirement category

  • Direct, open competition, competitive offers and tenders
  • Trade of bulk goods, focus on independent trade
  • Lean supply chains and system integration
  • Competing constellations of interlinked companies
  • Interlinked network supply between competitors
  • Capital goods control the offering, market leadership is the goal
  • Partnerships to the benefit of the customer
  • Virtual offering- no production only customer (man. Outsourced)

Flow perspective category

  • Distribution, physical progression of a product
  • Material flow, organization that purchase, convert and sell materials
  • Workflow, pre-defined sequence of activities within an organization
  • Information flow, flow of information between integrated partners.

What connects and distinguishes supply chain management from a business model?

The business model is how the company makes money. Are you a B2B company or a B2C? Is your product digital or physical? All these needs to be answered and many more before moving onto SCM

 

The supply chain model is there to make the product available to your customer and ensure profitability on a landed or delivered cost perspective