Supply chain management systems

Supply chain management systems

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  Supply Chain ManagementSystems http://synchronized.in
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  WHAT IS SUPPLYCHAIN MANAGEMENT? A cross functional system using information technology to help manage some of a company’s key business processes such as those of its suppliers, customers, and other business partners.
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  PROCESS OF SCM: oSCM systems include the flow of Raw materials Producing products Providing service Delivering the product to the end consumer.
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  Speed Efficiency Reduce Cost Improve Supplychain cycle times (to get a company’s products from concept to market) GOALS OF AN SCM SYSTEM:
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  FIVE BASIC COMPONENTS: 1.Plan 2. Source 3. Make 4. Deliver 5. Return
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace. PLAN Develop strategies in order to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace.
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace. SOURCE Decide where your products will come from. Who will be your supplier? Helps the company know who they can rely on to deliver their products in a timely manner.
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace. MAKE Where the source is going to manufacture their product. Includes scheduling, testing, packaging, and preparing the product for distribution How much inventory should they produce?
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  DELIVER  Where thecompany decides what distribution carrier to use in order to successfully get their orders fulfilled.  How fast can they get their products to their consumers?  Involves how the company is going to receive their payments.
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace. RETURN Involves the products that the customers are not satisfied with that get sent back to the company. Are the customers satisfied with their service?
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace.  1960’s- First inventory software developed  1970’s- Material Requirements Planning was introduced.  1980’s- Market demand increased which led to managing material flow through SCM systems.  1990’s-NOW- SCM systems are more technologically enabled. HISTORY OF AN SCM SYSTEM:
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace. ORACLE SCM: o Forecasting o Innovating Logistics o Benefits Predictability Adapting and Innovating Alignment
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  Develop strategies inorder to meet customer’s needs and demands. Plan to develop high quality products with a lower cost at a fast pace.  Improving productivity  Reducing their costs  Decreasing processing time  Cutting errors  Increasing volume discounts ORACLE’S CUSTOMER RESULTS