Essay About Development Of Supply Chain Management And Global Supply

Another Earth Notes
The exam will cover chapters 1, 2, 4, 7, 8, 9, and 13.AN OVERVIEWLearning  ObjectivesExplain the external change drivers in the global economy and their impact on global supply chains.Discuss the development of supply chain management in leading organizations and understand its contributions to their financial viability.AppreCiate the significance and role of supply chain management among private as well as public or nonprofit organizations.Understand the contributions of supply chain management to organizational efficiency and effectiveness for competing successfully in the global marketplace.Explain the benefits that can be achieved from implementing supply chain best practices.Understand the major challenges and issues facing organizations currently and in the future.NotesForces Driving the Rate of ChangeGlobalizationTechnologyOrganizational consolidation & power shiftThe empowered consumerGovernment policy and regulationEach chapter lists the objectives for the chapter, a summary of the chapter, and a list of possible questions for the chapter.We discussed two mini-cases—-which covered some of the most important concepts for those chapters.The only math for this exam is the EOQ model.The exam will be multiple choice and essay questions as well as the EOQ problem—please bring a calculator.Some other thoughts—Why is logistics growing?What is logistics?What are the tradeoffs to consider?How does logistics work?What are the relationships?How is demand determined?What are the different channels of distribution?What is management and customer service?How is inventory managed?How is EOQ calculated?How are suppliers and customers determined?