Strategic procurement management is the process of planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities of the purchasing function toward opportunities consistent with the. Nov 14, 2002 access all areas of the cips knowledge online library including tools and templates and supply management stories. Summaries, past exams, lecture notes and more to help you study faster. Issues in supply chain strategy courtesy of don rosenfield. For example, as customers power increases, there is increased pressure placed on manufacturers and suppliers to produce. Stay in touch and up to date through member only events and branch meetings. Logistics and supply chains what is logistics the total management of the key operational functions in the supply chain procurement, production and distribution. This unit or subject is examined by knec on those taking the following courses. Definition, nature and objectives of supply chain management. Purchasing and supply notes pdf ent 324 principles of purchasing and supply is a one semester, two credit unit. Strategic procurement management is the process of planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities of the purchasing function. Lecture notes, lectures 12 ebp018a05 rug studeersnel. This is a brief introductory tutorial that explains the methodologies applied in the rapidly.
Supply chain management objective maximise the overall value generated is the difference between what the final product is worth to the customer and the effort the supply chains expends in filling the request of the customer supply chain profitability is the difference between the revenue generated from the. Mbmm 3004 paper xiv logistics and supply chain management objectives to introduce process and functions of physical distribution system to introduce major building blocks, functions, business process, performance metrics and decision making in supply chain network, and. Here we need to note that supply chain management and supply chain event. Enhance your network and get connected to a global community of 120,000 in 150 countries. Graphically, the demand curve shifts up to the right. The analysis of overall supply chain is called the value system. Distribution systems, identifying financial resources for procurement and supply chain.
Introduction to supply chain optimization 1 overview supply chains. Global supply chain management lecture notes stuvia. Fundamentals of supply chain management kenyatta university. This process can also minimize the rates by eradicating the unnecessary expenses, movements and handling. Home courses sloan school of management supply chain planning sma 6305 lecture notes lecture notes a sample of the lecture notes from this class is presented here, aligned with the course. Supply chain management and purchasing principles notes. Scmlectures lecture notes 110 supply chain management. Todays supply chain challenges global supply chain with long lead times rising and shifting customer expectations increase in labor costs in developing countriesincrease in labor costs in developing countries increase in logistics costs importance of sustainability unprecedented volatility 11 unprecedented volatility.
Supply chain management objective maximise the overall value generated is the difference between what the final product is worth to the customer and the effort the supply chains expends in filling the request of the customer supply chain. Lecture notes, lectures 18 supply chain management studeersnel. At chalmers university of technology purchasing is part of research and education in the wider. Supply chain management problems supply chain management scm is the process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Lecture notes massachusetts institute of technology. Procurement notes 6 the various methods of procurement are discussed in the bank procurement guidelines. Management science and engineering 361 department of management science and engineering stanford university stanford, california 94305. This is a resource for all mba and management students. Attend free supply chain management lectures and download study notes on several fundamental concepts on supply chain management and logistics. Supply chain management can be defined as the management of flow of products and. S ramaiah school of advanced studies bangalore 3 session outline. This could be used by groups of organizationfirms, who get together, work on. Issues in supply chain strategy pdf courtesy of don rosenfield. View notes procurement lecture from omgt 1082 at royal melbourne institute of technology.
In the context of this guide, supply chain management is concerned with the co ordination. The supply chain is a dynamic system that evolves over time. This section provides the schedule of lecture optics along with the lecture presentations used in the course. This unit must be used in accompaniment with the supply chain management national occupational standards guidance notes on pages 14 supply chain management national occupational standards 5 summary this unit deals with the maintenance and improvement of relationships within the supply chain. With the study guides and notes written by fellow students, you are guaranteed to be properly prepared for your exams. Attend free supply chain management lectures and download study notes on several fundamental concepts on supply chain management and.
This is a brief introductory tutorial that explains the methodologies applied in the rapidly growing area of supply chain. Practitioners and educators need a common definition of supply chain management, and a shared understanding of the processes. Logistics is the art of managing the supply chain and science of managing and controlling the flow of goods, information and other resources like energy and people. Purchasing is the function in a firm responsible for the professional management of a firms interface with the supply market, to ensure its supply with the necessary goods and services provided. Mbmm 3004 paper xiv logistics and supply chain management objectives to introduce process and functions of physical distribution system to introduce major building blocks, functions, business process, performance metrics and decision making in supply chain. Tools and techniques 423 chapter negotiation 459 chapter 14 contract management 496 chapter 15 purchasing law and ethics 538 part 5 critical supply chain elements 583 chapter 16 lean supply chain management 584 chapter 17 purchasing services 621 chapter 18 supply chain.
Check out all supply chain management study documents. Pdf strategic procurement management lecture notes by. A supply chain is a global network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical. Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. Any asset that loses its value in due course of time is considered as a. About the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. Similarities and differences between a supply chain and a value chain supply chain management scm emerged in the 1980s as a new, integrative philosophy to manage the total flow of goods from suppliers to the ultimate user 4, 5, and evolved to consider a broad integration of business processes along the chain of supply. Supply chain management is the integration of key business processes from end user through. All the challenges in the three dimensions are, of course, interrelated and even. With a consortium chain the ability to read and write could be extended to a certain number of partiesnodes. The introduction to procurement and supply chain management course is an introductory level course jointly developed by undp and empower school of health.
Supply chains encompass the companies and the business activities needed to design, make, deliver, and use a product or service. Procurement lecture introduction to logistics supply chain. And supply management the conceptual framework professional storyboarding rules of thumb pdf purchasing and supply. This is a brief introductory tutorial that explains the methodologies applied in the rapidly growing area of supply chain management in. Todays supply chain challenges global supply chain with long lead times rising and shifting customer expectations increase in labor costs in developing countriesincrease in labor costs in developing countries increase in logistics costs importance of sustainability unprecedented volatility 11 unprecedented volatility number of days the price. We recommend the definition of supply chain management developed and used by the global supply chain forum.
Lecture notes operations management sloan school of. Lecture notes, lectures 6 supply chain and customer relationship management system. Supply chain management plays a significant role in the development of civilization. Supply chain management notes, summaries and exams studocu. By whatever name it is the sinuous, gritty, and cumbersome process by. Logistics is defined as a part of the supply chain process. Lecture notes, lectures 18 supply chain management. Lectures in supplychain optimization stanford university. The activities to be managed may include all or part of the following. The supply chains of large corporations involve hundreds of facilities retailers, distributors, plants and suppliers that are globally distributed and involve thousands of parts and products. Lecture notes assignments download course materials. However a brief note detailing the salient points on methods of procurement is enclosed.
Supply chain management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers. Effective supply chains not only help ensure commodity security, they also help determine the success or failure of any public health program. Home courses sloan school of management supply chain planning sma 6305 lecture notes lecture notes a sample of the lecture notes from this class is presented here, aligned with the course schedule and the order of subject presentation. Therefore, the essence of logistics is the flow of material goods and services from their place of origin to the final. This is a brief introductory tutorial that explains the methodologies applied in the rapidly growing area of. Licensed under creative commons attributionshare alike 2. Maximise the overall value generated is the difference between what the final product is worth to the customer. Our free supply chain management notes and video lectures. An area of management that has been observed to absorb more than 30% of the sales dollar for some firms, that is an essential element in meeting customer goals, and that can. Lecture notes in logistics lnl is a book series that reports the latest research and developments in logistics, comprising. An increase in demand means that consumers wish to purchase more of the good at every price than before.
Get supply chain management pdf,ebook, lecture notes download for mba students in mba operations notes, ebooks download section at. Supply chain and customer relationship management system. Relationships within the government procurement environment. Supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. Logistics in supply chain management is defined as the art and science of obtaining, producing, and.
Nagurney department of electrical and computer engineering university of hartford june 29, 20. Schedulehomework business logistics supply chain a vital subject. Supply chain management pdf,ebook,lecture notes download for. Stanford supply chain forum call it distribution or logistics or supply chain management. Supply chain analytics for perishable products, springer 20 slides from principles of supply chain management. Todays supply chain challenges global supply chain with long lead times rising and shifting customer expectations increase in labor costs in developing countriesincrease in labor costs in. Procurement lecture introduction to logistics supply. As one example, one auto manufacturer has 12 thousand suppliers, 70 plants. Our free supply chain management notes and video lectures what is supply chain management. This could be used by groups of organizationfirms, who get together, work on developing different models by collaborating with each other.
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