Md MamunID:

Question: Why can the current movement toward the establishment of supply chains be characterized as a revolution?

Internet is integrating the supply chain activities

• Internet based collaborative system

- Value added

-Cost reduced

-Effective Information Flow

--Greater combination of technology

--Smooth flow of information

Core competence and specialization

Outsourcing non-core activities and emphasizing on main business

1. Nestle 2. Corn Flakes

Globalization

• Global trade, standardization puts pressure on SC & expands business, quality as well

Pronoto Das GunjanID: 104857

Question: Compare the concept of a modern supply chain with more traditional

distribution channels, be specific with similarities and de-similarities ?

Traditional Supply Chain

Considers the individual companies and elements within a firm as separate units that represent "functional" entities.

Modern Supply Chain

-Creation of value, not just money saving robot.- Integrating all sectors with companies main objective- Effective use of Information Technology

Traditional SCM

Single Entity

Functions

Production Orientation

Multilevel Distribution

Profit Collection

Modern SCM

• Logistics• Procurement

• Conversion

• Sourcing

Value Generation

Integration

Standardization

Information Value

Proposition

Summon AhmedID : 104871

Question: What are the important roles played by Supply Chain

Management ?

LogisticsLogistics is the process of planning, implementing and controlling the effective and flow of goods and service from the point of origin o the point of consumption.

The important role by lositics in SCM

To create value for customers and stockholders

To satisfy the customers

The important role by logistics in SCM

To run all activities effectively To reduce variance

The important role by logitics in SCM

To reduce the costs Quick response

Md. Abul AsadID: 104873

Question: Describe integrative management, Be specific concerning the relationship between function and process ?

Integrative Management

An integrated management system (IMS) is a management system which integrates all components of a business into one coherent system so as to enable the achievement of its purpose and mission.

BUSINESS FUNCTIONA process or operation that is performed routinely to carry out a part of the mission of an organization.

BUSINESS PROCESS A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers

Process and Functions

Similarities De- Similarities

Mohammad Azam MiahID no :

Question: In terms of enterprise extension, describe the importance of the information-sharing and process Specialization paradigms?

The information sharing paradigms the widespread belief that

• The information sharing paradigm

Achieving a high degree of cooperative behavior requires

Supply chain participants voluntarily share operating information and jointly plan strategies.

Willingness to share information about future strategic initiatives

Suppliers

Wholesalers

Distributors

Retailers

Customers

Agents

Information Sharing

The information sharing paradigms the widespread belief that

Collaboration should span beyond the sales history.

Emphasizes information sharing

Supply chain participants collectively do the things customer demand faster and efficiently.

• The information sharing paradigm

Suppliers

Wholesalers

Distributors

Retailers

Customers

Agents

Information Sharing

• PSP is commitment to focusing integrative arrangement on planning joint operation.

1. Goal is to non-productive or non- value adding redundancy in a supply chain.

2. Helps to design the overall supply chain process.

3. Sharing information and joint planning can reduce risk related to inventory.

4. Collaboration can eliminate duplicative or redundant work.

5. Introduces new challenges regarding risk sharing, trust,leadership and conflict resolution.

Process Specialization paradigm

Md. Helal UddinID:

Question: Describe and illustrate an integrated service provider. How does the concept of

integrated service provider differ from traditional service providers, such as for-hire

transportation and warehousing?

Integrated Service Providers (ISP)

• Also known as third-party logistics providers provide a range of logistics services that includes all work necessary to service customers.

Integrated service provider

• ISP is of two types, - Asset based &

- Non Asset based .

• In asset based firm own and operate transportation equipment & warehouse build.

• Non Asset based firms provide comprehensive information services.

Traditional service provider

• TSP is for- hire transportation and warehousing.

• Benefits

- Elimination of capital investments in warehousing buildings .

- Balancing small shipment for combined delivery.

Name: Md. Iqbal HossainID:

Question: Compare the third party and fourth party integrated logistics service providers

Logistics

• Third Party Logistics • Fourth Party Logistics

Third party service providers Fourth party service

providers

Known as asset based service

providers.

Known as non asset based

service providers.

Provide distribution channel

for the company.

Support consultancy service

for the manufacturer.

Support transportation service

for the company’s product

with other company’s product.

Work with companies to

product development.

Provides information for the

company in related matters.

Find the quality of the

company’s products and

suggest the company

maintain standard quality.

Name: Md. Rubel KhanID:

Question:

Name: Md. Suel PramanikID:

Questions: Compare and contrast manufacturing and geographic postponement?

Postponement is a business strategy that maximizes possible benefit and minimizes risk by delaying further investment into a product or service until the last possible moment.

Example of umbrella showing whitw colors to multi colors . By images

Manufacturing Postponement

Or Form postponement

• Until customer specification is known,

• Until purchase order is confirmed

• Product is produced one order at a time, with no preparatory work.

Geographic Postponementor Logistics Postponement

• Total opposite of Manufacturing Postponement .

• To build and stock a full-line inventory at one or strategic locations.

Name: Liza KhanamID:

Question: Define and illustrate cash-to-cash conversion, dwell-time minimization and cash spin. How does supply chain strategy and structure impact each?

Cash to Cash Conversion

Cash-to-cash conversion is the time required to convert raw material or inventory purchases into sales revenue.

Dwell time :

Is the ratio of the time that an asset sits idle Satisfy its designated supply chain mission

As an example dwell time would represent the ratio of the time inventory is in store to the time it is moving orcontributing to achieve supply chain objectives.

Image opf invenmtory in store and inventory moving out

Thank You for your kind attention and concentration.

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