NAME: MUHAMMAD JUNAID
CLASS: BBA8-A
ENROLLMENT NO: 02-111201-084
SUBMITTED TO: DR. MOBASHAR MUBARIK
Lecture 1 & 2 Evaluation
Sourcing And Logistics Management
Supply Chain Management (Definition) ✓
Importance Of Supply Chain Management ✓
Key Supply Chain Components
1. Supplier
*
2. Manufacturer /Producers ✓
3. Distributors And Wholesalers
*
4. Retailers
*
5. Customers/ End Users ✓
6. Transportation ✓
7. Warehousing And Storage
*
8. Inventory Management ×
9. Information System and Technology ×
10. Logistics And Distribution
*
11. Supply Chain Finance
*
12. Risk Management ×
13. Sustainability And Compliance
*
14. Supply Chain Professionals ×
Supply Chain Vs Logistics
*
Supply Chain Management (SCM)
*
Logistics ✓
Supply Chain Planning (SCP) ×
Supply Chain Process ✓
1-Planning
*
Demand Planning ✓
Supply Planning
*
Production Planning
*
Element And Activities of Supply Chain Planning
1. Demand Planning ✓
2. Supply Planning / Source and Sourcing
*
3. Production Planning ✓
4. Inventory Planning ✓
5. Distribution Planning
*
6. Network Design Mapping ×
7. Collaborative Planning Integration ✓
8. Sales And Operation Planning ✓
9. Risk Management /Resilience ×
10. Technology And Software Digital Transformation ✓
2-Sourcing In SCM
*
Definition
*
Sourcing Key Operations
1. Supplier Identification
*
2. Supplier Evaluation and Selection ×
3. Negotiation And contracting ✓
4. Supplier Relationship Management
*
5. Key Assessment and Mitigation
*
6. Performance Monitoring ×
7. Supplier Development ×
8. Cost Management ✓
9. Review And Optimization ✓
3-Manufacturing
*
Production ✓
Quality Control ×
Process Optimization ✓
SC Production/ Manufacturing /Making
*
Product Design and Development ✓
Materials Planning and Procurement ✓
Production Scheduling ×
Manufacturing Process
*
Quality Control and Assurance
*
Inventory Management ×
Maintenance And Repair ✓
Lean Manufacturing and Continuous Improvement ×
Capacity Planning
*
Environmental And Sustainability Practices ×
Logistic Management
*
Logistics Key Engagement
1. Transportation Management
*
2. Warehouse Management
*
3. Reverse Logistics ×
4. Information System and Technology
*
5. Risk Management ✓
6. Cost Optimization
*
7. Sustainability And Green Logistics ✓
Logistics Operational Activities
Transportation ✓
Mode Selection ✓
Routing And Scheduling
*
Carrier Management ✓
Warehouse Management
*
Storage
*
Order Picking and Packing
*
Inventory Tracking
*
Reverse Logistics
*
Information System and Technology
*
Risk Management
*
Cost Optimization ×
Sustainability And Green Logistics
*
Return /Feedback
*
Warranty And Service Management ✓
Customer Communication ✓
Analysis And Improvement
*
SCOR Model
*
Nike’s Supply Chain Model ×
Lecture 03
Sourcing And Logistics Management
Sourcing And Logistics Management ✓
Role In Supply Chain Management ✓
Trends And Challenges
Trends ✓
Challenges ✓
Sourcing Strategies
*
Make Vs Buy
Make Decisions ✓
Buy Decisions ✓
Factor To Consider
1. Cost Analysis ✓
2. Core Competencies ✓
3. Control
*
4. Quality ✓
5. Capacity And Scalability
*
Make And Buy Decision Real World Example
Make Decision Example ×
Buy Decision Example
*
Benefits Of Make and Buy Decision
Make Decision Benefit ✓
Buy Decision Benefit ✓
Challenges
Make Decision Challenge ✓
Buy Decision Challenge
*
Single Sourcing Vs Multiple Sourcing
Single Sourcing ✓
Multiple Sourcing
*
Single Sourcing Pros and Cons ✓
Multiple Sourcing Pros and Cons
*
Strategic Sourcing Vs Tactical Sourcing
✓
Strategic Sourcing
✓
Tactical Sourcing
✓
Modern Example of Sourcing Strategies
Lecture 4
Logistics Management
Logistics – Mission ✓
Logistics Embodies the Effort to Deliver:
The Right Product
*
In The Right Quantity ✓
In The Right Condition ×
To The Right Place
*
At The Right Time
*
For The Right Customer ✓
At The Right Cost
*
Logistics Management ✓
Key Component of Logistics In Supply Chain Stream
*
Inbound Logistic
*
Outbound Logistics
*
Key Operations in Logistics Management
Transportation Management ✓
Fleet Management ×
Warehousing ✓
Material Handling
*
Order Fulfillment
*
Logistic Network Design ✓
Inventory Control
*
Supply /Demand Planning
*
Management Of Third-Party Logistics Service ×
Provider
Logistics Planning
*
Management Action
*
Lecture 05
Supply Chain Logistics Planning
Supply Chain Logistics
*
Five Business System ✓
Logistics Mission
*
The Right Product
*
The Right Quantity ×
In The Right Condition ✓
To The Right Place
*
At The Right Time
*
For The Right Customer ✓
At The Right Cost ×
Logistics Planning
*
Objective And Goals of Logistics Planning
Cost Efficiency
*
Service Quality
*
Inventory Optimization
*
Resource Utilization ✓
Sustainability
*
Adaptability
*
Global Expansion ×
Logistics Planning ✓
Demand Forecasting
*
The Significance of Demand Forecasting
Inventory Management ✓
Production Complaining ✓
Resource Allocation
*
Cost Reduction ×
Customer Satisfaction
*
Methods For Demand Forecasting
*
Qualitative Method
*
Time Series Analysis
*
Causal Models ×
Machine Learning and AI
*
Qualitative Method for Demand Forecasting
*
Delphi Method ✓
Process Of the Delphi Method
1. Select Group of Experts: ✓
2. Round 1
*
3. Compile And Analyze Forecasts ×
4. Feedback And Discussion
*
5. Repeat Rounds ✓
6. Final Forecast
*
Example: (Delphi Method of Demand Forecasting ✓
Analysis)
Market Research Method of Demand Forecasting ✓
Example ✓
Process Of the Market Research Method
1. Data Collection
*
2. Customer Preferences ×
3. Competitive Analysis ✓
4. Market Trends
*
5. Forecasting ×
6. Marketing And Product Development
Expert Panels Method of Demand Forecasting ✓
Example ✓
Process Of the Expert Panel Method In Demand
Forecasting Analysis
1. Assemble A Panel ×
2. Information Gathering:
*
3. Discussion And Deliberation
*
4. Consensus Forecast ✓
5. Documentation ×
Advantages And Considerations
Flexibility
*
Diverse Insights ×
Qualitative Factors ✓
Subjectivity ×
Documentation ✓
Lecture 06
Demand Forecasting
Naive Approach/Analysis in Demand Forecasting ✓
Simple Moving Average ✓
Weighted Moving Average ×
Exponential Smoothing ✓
Decomposition In Time Series Analysis
*
Components Of Time Series Decomposition
1. Trend Component: ×
2. Seasonal Component
*
3. Residual Component ✓
Additive Decomposition
*
Multiplicative Decomposition ×
Causal Models Analysis in Demand Forecasting
*
Causal Models ✓
Price
*
Promotion
*
Economic Indicator ✓
Causal Model Analysis
*
Example ✓
Price Reduction and Promotion
*
Economic Indicator and Pricing ×
Economic Indicator and Promotion
*
Demand Forecasting Process
Historical Data ✓
Variables
*
Data Analysis ✓
Forecasting Method ×
Forecasting
*
Adjustments ×
Machine Learning and Artificial Intelligence Based ✓
Analysis For Demand Forecasting
Example: Spam Email Filter
*
Historical Data ×
Training ×
Pattern Identification
*
Making Forecast ✓
Transportation And Distribution ✓
Transportation
*
The Importance of Transportation In Logistics ×
Timely Delivery ✓
Cost Efficiency
*
Supply Chain Integration
*
Transportation Modes
Road Transportation
*
Rail Transportation
*
Sea Transportation ✓
Air Transportation ✓
Pipeline Transportation
*
Intermodal Transportation ×
Transportation Planning and Optimization ✓
Route Optimization Software ✓
Fleet Management System ×
Just In Time JIT Logistics
*
Transportation Examples in Logistics Planning
Grocery Supply Chain ✓
Ecommerce Fulfillment ×
Distribution ✓
The Role of Distribution
Inventory Management
*
Cost Optimization ✓
Customer Satisfaction ✓
Supply Chain Integration
*
Distribution In Practice
*
Scenario
*
Distribution Process
Order Processing
*
Product Pickup ✓
Transportation
*
Distribution Center ✓
Last Mile Delivery ×
Tracking And Communication
*
Distribution Strategies
Direct Distribution
*
Indirect Distribution ×
Omni Channel Distribution ✓
Cross Docking
*
Hub And Spoke Distribution
*
Vendor Managed Inventory VMI ×
Drop Shipping ✓
Just In Time Delivery
*
Third Party Logistics ×
Reverse Logistics ✓
