1、Lecture 1 Supply Chain Management 1.Compare the concept of a modern supply chain with more traditional distribution channels.Be specific regarding similarities and difference.请将现代的供应链理念与传统的分销渠道概念进行比较,详细分析它们有哪些相似点和区别?Similarity:(1)Acknowledge dependence between business firms 相似点:承认企业之间是互相依靠的 To over
2、come challenges of commercial trading,firms developed business relationships with other product and service companies to jointly perform essential activities.Such acknowledged dependency was necessary to achieve benefits of specialization.Managers began to strategically plan core competency,speciali
3、zation,and economy of scale.The result was realization that working closely with other businesses was essential for continued success.This understanding that no firm could be totally self-sufficient contrasted to some earlier notions of vertical owner-ship integration.为了克服商业贸易中出现的挑战,企业提出与其他产品或服务的企业建
4、立业务关系,共同合作。这种相互依存的关系非常必要,有助于企业将更多的经历放在自己的专业领域。在经历了早期工业革命后,管理者们开始站在战略的高度考虑去他的核心竞争力、专业化以及规模经济等问题。这使他们意识到只有与其他企业进行紧密合作才能不断获得成功。与早期的垂直所有者一体化的观念相反,现在管理者们明白任何企业都不能完全做到自给自足。Differences:(1)distribution channel was characterized by classification based on specific roles performed during the distributive proc
5、ess.Primarily due to a lack of high quality information,the overall channel structure was postured on an adversarial foundation.Modern supply chain stressed the cooperation among all channel members.Lecture 2 Logistics 5.Describe the logistics value proposition.Be specific regarding specific custome
6、r accommodation and cost.Commitment to key customer expectations and requirements in an exacting cost framework is the logistics value proposition.Customers are different and services provided must be matched to accommodate unique requirements and purchase potential at realistic total cost expenditu
7、re.Lecture 3 Outbound Logistics(Customer Accommodation)1.Why are the four primary service outputs of spatial convenience,lot size,waiting time,and product variety important to logistics management?Provide examples of competing firms that differ in the level of each service output provided to custome
8、rs.Spatial convenience refers to the amount of shopping time and effort that will be required on the part of the customer.Higher levels of spatial convenience are achieved in a supply chain by providing customers with access to its products in a larger number of places.Lot size refers to the number
9、of units to be purchased in each transaction.Waiting time refers to the amount of time the customer must wait between ordering and receiving products.Products variety and assortment refers to the different levels of variety and assortment that supply chains offer to their customers and end users.The
10、 four service outputs can overcome three discrepancies:discrepancy in space,discrepancy in time,and discrepancy in quantity and assortment to accommodate the customers need.There is no such thing as a homogeneous market where all consumers desire the same services presented in the same way.They may
11、differ in terms of which services are most important and in terms of the level of each of the services desired to accommodate their needs.Additionally,customers differ in terms of how much they are willing to pay for services.The four primary service outputs have important implications for how suppl
12、y chains are ultimately configured,what types of participating companies may be included to satisfy service requirement,and the costs that are incurred in the process.So the four primary service outputs are important to logistics management.Lecture4 Inbound Logistics(Procurement and manufacturing)4.
13、Explain the rational underlying volume consolidation.What are the risks associated with using a single supplier for an item.Volume consolidation refers to an effective procurement strategy that consolidates volumes with a limited number of suppliers through reduction in the number of suppliers.Using
14、 a single supplier increases the buyers dependence on one supplier.The risks associated with using a single supplier is that the buyer will depend on one supplier that increasing the risk of supply disruptions such as strike,a fire,or internal quality problems.Lecture 4 Inventory management 2.Discus
15、s the relationship between service level,uncertainty,safety stock,and order quantity.How can trade-offs between these elements be made?Service level defines inventory performance objectives.Order quantity is the amount ordered for replenishment.It determined the average cycle inventory.Safety stock
16、is maintained in a logistical system to protect against demand and performance cycle uncertainty.Safety stock is used only near the end of replenishment cycles when uncertainty has caused higher-than-expected demand or longer-than expected performance cycle times.To achieve a high service level we c
17、an increase inventory(increase the order quantity and safety stock).An alternative approach may be the use of faster or more reliable transportation and collaboration with customers and service providers to reduce uncertainty.Therefore higher service level can either be achieved by increasing safety
18、 stock and order quantity or by reducing uncertainty.6.Discuss the differences between reactive and planning inventory logics.What are the advantages of each?What are the major implications of each?The reactive inventory method uses customer demand to pull product through the distribution channel.Th
19、e reactive inventory method responds to a channel members inventory needs by drawing the product through the distribution channel.Replenishment shipments are initiated when available warehouse stock levels fall below a predetermined minimum or order point.The reactive inventory method can be used wh
20、en all customers,market areas,and products contribute equally to profits and customer demand patterns are relatively stable and consistent.Inventory planning method proactively allocates inventory on the basis of forecasted demand and product availability.Inventory planning method uses a shared data
21、base to coordinate inventory requirements across multiple locations or stages in the supply chain.Inventory planning method requires accurate and coordinated forecasts for each warehouse as well as consistent and reliable product movement between warehouse facilities.10.Customer based inventory mana
22、gement strategies allow the use of different availability levels for specific customers.Discuss the rationale for such a strategy.Are such strategies discriminatory?Justify your position.The rationale of customer-based inventory management strategies is presented on the basis of the full-line classi
23、fication.Such strategies are not discriminatory.Different product segments have different degrees of importance with respect to achieving the enterprise mission.Important differences in inventory responsiveness should be designed into the policies and procedures used for inventory management.Lecture
24、 5 Transportation 1.Describe the five modes of transportation,identifying the most significant characteristics of each.The five basic transportation modes are rail,highway,water,pipeline,and air.2.Compare and contrast variable,fixed,and joint costs.Costs that change in a predictable,direct manner in
25、 relation to some level of activity are labeled variable costs.Expenses that do not change in the short run and must be paid even when a company is not operating are fixed costs.Expenses created by the decision to provide a particular service are called joint costs.3.Compare and contrast cost-of-ser
26、vice with value of service as alternative rate-making strategies.Cost-of-service strategy is a buildup approach where the carrier establishes a rate based on the cost of providing the service plus a profit margin.The value-of-service strategy charges a price based on value as perceived by the shippe
27、r rather than the carrier cost of actually providing the service.Carriers tend to utilize value-of-service pricing for high-value goods or when limited competition exists.Lecture 6 Warehousing and Material Handling 1.Discuss and illustrate the economic justification for establishing a warehouse.When
28、 total logistics cost are reduced,the warehouse is economically justified.Four basic economic benefits are:(1)Consolidation and break bulk The economic benefits of consolidation and break-bulk are to reduce transportation cost by using warehouse capability to group shipments.(2)Sorting The benefit o
29、f sorting is to reconfigure freight as is flows from origin to destination.(3)Seasonal storage Warehouse accommodates seasonal production or demand to support marketing efforts.Storage provides an inventory buffer,which allows production efficiencies within the constraints imposed by material source
30、s and consumers.(4)Reverse logistics A great deal of the physical work related to reverse logistics is performed at warehouses.Relationship Development and Management 1.What is the functional aggregation paradigm and why is it important?There are many different types and levels of functional integra
31、tion.The highest level of functional aggregation in logistics organization is depicted in figure(P362).This organization structure seeks to unify all logistical functions and operations into a single organization that functions would begin to work as a single group focused on total system performance and the firm would begin to manage trade-offs among purchasing,manufacturing support,and customer accommodation.






