Supply Chain Management

For everything you wanted to know on building leadership and management, refer Shyam Bhatawdekar’s website: http://shyam.bhatawdekar.com

(Refer our High Quality Management Encyclopedia “Management Universe” at: http://management-universe.blogspot.com/)

Definition of Supply Chain

Older version: From suppliers to your organization to the customers.

Newer version: From suppliers’ suppliers to your organization to the customers’ customers.

Differentiating Factor

Effectiveness and efficiency of the supply chain and its management are the latest differentiating factors in organizations. It is the ultimate in process-management.

Objectives of Supply Chain Management (SCM)

• Right product
• Right place
• Right time
• Right condition
• Right configuration
• Right solution
• At minimum cost and asset levels

Supply Chain Function Involves

• Marketing
• Planning
• Vendors
• Manufacturing
• Logistics
• Administration
• Transportation
• Retailer
• Consumer

Every organization today really is a “supply chain” and each link in it has to be as strong as the other links in the chain.

Global Supply Chain Model

• Pull system as against push system
• Find the most cost effective supply chain design
• Find fastest supply chain design
• Optimum number and location of vendors
• Test forecast demand volumes
• Find break even for fixed and variable costs
• Optimum inventories throughout the supply chain- JIT
• Perform capacity and production planning
• Compare alternative scenarios to optimum
• Spare parts network design and stocking strategy

Important Factors in Supply Chain

• Demand/customer driven: pull system
• Vendor selection, vendor development and vendor rating
• Material requirement planning: minimum inventories (JIT)
• Production planning and control
• Advanced planning and scheduling
• Quality
• Cycle time/lead time minimization
• Cost management
• TPM
• CRM

For More Guidance, Assistance, Training and Consultation

Contact: prodcons@prodcons.com

Training in "Supply Chain Management" is provided by Prodcons Group's Mr Shyam Bhatawdekar, eminent management consultant, management educationist and trainer- par excellence, with distinction of having trained over 150,000 people from around 250 organizations. Implementation of supply chain management systems is also facilitated by the team of Prodcons Group.

Also refer: (Prodcons Group) http://prodcons-group.blogspot.com/, (Training Programs by Prodcons Group) http://training-development-function.blogspot.com/, (Productivity Consultants) http://productivity-consultants.blogspot.com/

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