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1、Chapter1:1.WhycanthecurrentmovementtowardestablishingsupplychainsbeacterizedasarevolutionBecausethecurrentmovementtowardestablishingsupplychainshasreshapedcontemparystrategicthinking.Twomassiveshiftssupplychainrevolution
2、arelatedlogisticalrenaissanceinexpectationpracticeconcerningtheperfmanceofbusinessoperationsarehighlyinterrelatedbuttheyaresignificantlydifferentaspectsofcontemparystrategicthinking.2.Comparetheconceptofamodernsupplychai
3、nwithmetraditionaldistributionchannels.Bespecificregardingsimilaritiesdifferences.Traditionaldistributionchannelstypicallyhadanderfulfillmenttimeof1530days.Butifsomethingwentwrongthistimewouldincreasedramatically.Itwasac
4、ommonpracticetomaintaininventyateverystageofthesupplychainlikeretailerswholesalersmanufacturers.Themarketwasacterizedbyscarcitytotheprimarygoaloftraditionalmodelwastoensureavailabilityofproducts.Howevertodaycustomerswant
5、meoptionsinproductofferings.Modernsupplychainisgearedtowardsmeetingthechangingconsumerneeds.Transptationcapacityoperationalperfmancehasbecomemereliableeconomical.Logisticalsystemsarecapableofcapableofdeliveringproductsat
6、exacttimes.Socustomerderscanbefulfilledfaster.Withmassivedevelopmentininfmationtechnologytheneedtomaintaininventyhasreduceddramatically.Theoccurrenceoffailuresacteristicoftraditionalsupplychainhasbeenreplacedbyacommitmen
7、ttowardszerodefectofsixsigmaperfmance.Inessenceahighlevelofperfmanceisachievedatalowertotalcostwithcommitmentoffewerfinancialresourcesthanthatinthepast.3.WhatspecificroledoeslogisticsplayinsupplychainoperationsLogisticsi
8、stheprimaryconduitofproductserviceflowwithinasupplychainarrangement.Itisthewkrequiredtomovetopositioninventythroughoutasupplychain.Itisacombinationofdermanagementinventytransptationwarehousingmaterialhlingpackagingasinte
9、gratedthroughoutafacilitywk.Logisticsisessentialfeffectivesupplychainconnectivity.4.Describe“integrativemanagement”.Bespecificconcerningtherelationshipbetweenfunctionalityprocess.Thechallengetoachievingintegratedmanageme
10、ntresultsfromthelongstingtraditionofperfmingmeasuringwkonafunctionalbasis.Sincetheindustrialrevolutionachievingbestpracticehasfocusedmanagerialattentiononfunctionalspecialization.Theprevailingbeliefwasthebettertheperfman
11、ceofaspecificfunctionthegreatertheefficiencyoftheoverallprocess.industryconsistsofcarrierswhospecializeinmovingproductsbetweengeographiclocations.Thecompaniesofferingwarehouseservicesaretraditionallycalledpublicwarehouse
12、stheyprovidestagesupplementedbyspecializedservices.7.Comparecontrastanticipatyresponsebasedbusinessmodels.WhyhasresponsivenessbecomepopularinsupplychaincollabationsAnticipatyresponsebasedbusinessmodelsarethetwowaysusedby
13、firmstofulfillcustomerrequirements.HoweverthefundamentaldifferenceinthetwomodelsistimingAnticipatymodelhasbeenthetraditionalbusinesspracticewhichwasmainlyfecastdriven.Sinceinfmationaboutpurchasingbehaviwasnotreadilyavail
14、ablethechannelpartnerswerelooselycollabatingbusinessesweredrivenbyfecasts.Howeverthefecastsusedbythemanufacturerswholesalesdistributsretailerswereoftendifferentthatledtoalotofexcessinventyinthesystem.Allthewkwasperfmedin
15、anticipationoffutureprojectionssothelikelihoodofmisgaugingcustomerrequirementswasveryhigh.Inadditioneachfirminthechainduplicatedtheanticipatyprocess.Responsebasedmodelaimstoreduceeliminatefecastreliancebyjointplanningrap
16、idexchangeofinfmationbetweensupplychainpartners.Thismodelhasbeenmadepossiblebecausemanagerscannowobtainshareaccuratesalesinfmationfaster.Consequentlycustomerscanbeprovidedwiththeirdesireditemsfaster.Thismodelrequiresfewe
17、rstepstherefelesscosttocompleteafulfillmentprocesscomparedtotheanticipatymodel.Responsebasedmodelissimilartoabuildtodermodelhoweverthefmerhasafasterresponsetimeallowshigherdegreeofcustomization.Responsivenesspropelledbyi
18、nfmationtechnologydevelopmenthasbecomethecnerstoneoftoday’ssupplychaincollabation.Higherresponsivenesscannotonlyincreasethelevelofcustomersatisfactionbutcanalsoreducetheoverallcostofdoingthat.8.Comparecontrastmanufacturi
19、nggeographicpostponement.Manufacturinggeographicpostponementarestrategiespracticesthatreducestheanticipatyrisksofsupplychainperfmance.Thefactsfavingoneprtheotherfmdependsonthevolumevaluecompetitiveinitiativesdesiredcusto
20、merservicelevels.Manufacturingfmpostponementaimsatmanufacturingtheproductsonederatatimewithnopreparatywkcomponentprocurementuntilthecustomerspecificationsarefullyknowncustomercommitmentisreceived.Thegoalofthispostponemen
21、tstrategyistomaintainproductsinaneutralnoncommittedstatusaslongaspossible.Inanidealsituationastardbaseproductismanufacturedinlargequantitiestoobtaineconomyofscalewhiledeferringthefinalizationuntilthecustomercommitment.In
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