Summary: Managing Operations Across The Supply Chain | 9780078024030 | Morgan Swink, et al
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Read the summary and the most important questions on Managing Operations Across the Supply Chain | 9780078024030 | Morgan Swink; Steven Melnyk; M. Bixby Cooper; Janet L. Hartley
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4 Process and Product innovation
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Stage Gate process
defines criteria for each project stage.
Used to manage costs and risk in product/process innovation projects -
Innovation Portfolio Planning
used for selecting and prioritizing projects consistent with the firm's strategy and capacity. -
Functional vs Integrated Product Development Projects GRAPH
Functional: functional groups little interaction
Concurrent (integrated): development activities overlap and functional teams collaborate together -
Methods for improving Processes
- FMEA
- Value Engineering/ Value Analysis -
Methods for improving Quality
- Deming Wheel (PDCA)
- Six Sigma (DMAIC, DFSS)
- ISO 9000 Standards -
7 Managing Inventories
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Integrated Supply Chain Management
3 initiatives:
- Supplier-Managed Inventory
- CPFR
- Blockchain -
Inventory Performance Measures
Inventory turnover
Days of Supply
Service Level -
Where to stock inventory?
Centralization
Localization
Hybrid -
Managing Safety stocks
- ABC Analysis
- Cycle Counting -
10 Sourcing and Supply Management
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Goals Supply Management
FRIETA
1) Foster Sustainability --- encourage PPP
2) Reduce TC --- TCO
3) Identify, mitigate SC risk --- SC Resilience
4) Enhance quality
5) Timely availability resources
6) Access technology and innovation -- suppliers = source innovation
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