University:
MacEwan University
Course:
SCMT 200 | Introduction To Global Supply Chain Management
Academic year:

2023
Views:

449

Pages:

2
Author:

Arthur M.

SUPPLY CHAIN RESPONSIVENESS: • respond to wide ranges of quantities demanded • meet Short lead times • build highly innovative products • meet a high service level • handle supply uncertainty SUPPLY CHAIN EFFICIENCY: inverse of the cost of making (cost) & delivering mer a product to COST-RESPONSIVENESS EFFICIENT FRONTIER: cost Low shows lowest possible cost for a given level of responsiveness High Low High Responsiveness Responsiveness spectrum highly efficient somewnat efficient somewhat responsive highly responsive + Integrated Steel mills: Production Hanes apparel: A traditional make- to-Stock manufacturer w/ production lead time of several weeks most automotive production: Deli- vering a large variety of prod- ucts in a few weeks 7/11 Japan: Changing merch mix by location d time of day scheduled weeks/ months in adv. M little variety or flexibility FINDING 2ONE OF STRATEGIC FIT: Responsive Supply Chain ↑ Responsiveness Spectrum zone of Strategic fit Efficient Supply Chain Certain Implied demand uncertainty - uncertain demand Tailor Supply chain for Strategic fit Supplier absorbs the least implied uncertainty and must be very efficient. Manufacturer absorbs less implied uncertainty and must be somewhat efficient. Retailer absorbes most of the implied uncertainty and must be very responsive. Supplier Manufacturer Retailer Supply Chain 1 Extent of Implied Uncertainty for the Supply Chain Supplier Manufacturer Retailer Supply Chain II Supplier absorbs less implied uncertainty and must be somewhat efficient Manufacturer absorbs most of the implied uncertainty and must be very responsive Retailer absorbs the least implied uncertainty and must be very efficient