SCM 372 – SYLLABUS MANUFACTURING PLANNING AND CONTROL – Section 4 SPRING SEMESTER 2015 Course Instructor: Office: Office Telephone: Office Hours: Email: Professor Sriram (Sri) Narayanan – Call me Dr. Sri. N357 Business College Complex (BCC) (517) 432-6432 Tuesday 3.00 PM – 5.00 PM and by appointment Replacement office hours will be announced in class if there are any cancellations narayanan@broad.msu.edu Course Times and Place: Tuesday and Thursday 5:00 PM - 6:20 PM (N124 BCC) Course Material:
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Exam 3 Outline SCM 303 Chapter 12 Demand Planning: Forecasting and demand management Demand Planning- the combined process of forecasting and managing customer demands to create a planned pattern of demand that meets the firm’s operational and financial goals. Fluctuating customer demand cause operational inefficiencies‚ such as: Need for extra capacity resources‚ backlog‚ customer dissatisfaction‚ system buffering (safety stock‚ safety lead time‚ capacity cushions‚ etc.) 3 basics tactics
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Bibliography: Reference books and magazines: G Raghuram‚ N. Rangaraj. (2000). Logistics and Supply Chain Management. Macmillan Publishers India. Websites: HP Timeline‚ HP Website: Dell < http://en.wikipedia.org/wiki/Dell> HP < http://en.wikipedia.org/wiki/HP> Supply Chain Management
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1. Define supply chain integration process and need for creating an effective supply chain organization structure. Explain with an illustration. Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain. Supply chain management spans all movement and storage of raw materials‚ work-in-process inventory‚ and finished goods
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Logistic Management Assignment 1 1- Did it surprise you that logistics can be such an important component in a country’s economic system? Why or why not No‚ it does not surprise me ‚ especially after having deep understanding about the Logistics role on controlling the flow of the product in any economic system‚ and helps all the functional areas in any Supply chain to synergize together to reach the goal (effective ) and reach the maximum utilization (efficient) to decrease waste and cost‚ thus
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product is transferred to individual stores by the chain’s private fleet. The new system would entail each store ordering separately and BKI processing and delivering each order to the store within five business days. Joe Rutner‚ the direct of logistics‚ has determined that the new system would result in higher order processing and freight costs. Norek wasn’t happy with this news and feared that other retailers might make similar requests in the future‚ so he asked Rutner to develop a plan to satisfy
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[pic] Influence to Hong Kong as an international logistics hub - under the “Framework Agreement on Hong Kong and Guangdong Co-operation” | | | | | | | | | | | | | | |
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like Eddie Bauer and Target. These traits have given Amazon an economy of scale that surpass its competitors. Amazon can ship about 10 million products compared to the 500‚000 that Walmart ships. Amazon launch in July 1995 as an online vendor. Logistics‚ shipping and great supply chain management have combined to make Amazon a leading merchandiser of everything from gourmet food to apparel to electronics. The company has also built a reputation for books and music. Amazon has one of the best customer
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Executive Summary The development of information technology has caused the nature of logistics and supply chain management changing dramatically. Furthermore‚ the relationship between retailer and supplier changed as well due to the changing of retail exchanges. As retailers are going to gain much more business opportunities and reduce cost on supply chain‚ it has affected the supplier in somehow. According to the change‚ there are some issues cannot be ignored because of the importance of the
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Logistics process Definition of logistics Logistics is a function that is flexible and changes according to the various constraints and demands imposed upon it. Logistics is - Supply + Materials Management + Distribution and logistics is basically the overall management of distributions and supply. There are many different transport methods including- * Air- This is used to deliver goods fast and also internationally. * Water- This can be used to transport goods slower. Sometimes unreliable
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