This book offers a concise yet comprehensive introduction to supply chain resilience, covering management, modeling and technology perspectives. Considering different production factors, functions and processes in a company and across companies both terms are specified taking into account different definitions from the literature. It is the management of non-capitalized properties, or inventory, and stock things. The responsiveness and efficiency of a company's supply chain . 0000051442 00000 n Commitment to lean practices is a promise to do away with inefficiencies in the system to reduce wastes and have a minimal impact on the environment. This book provides a comprehensive overview of how to strategically manage the movement and storage of products or materials from any point in the manufacturing process to customer fulfillment. Introduction to Logistics and Supply Chain Management. Supply Chain Management: An Introduction to Logistics: Waters, Donald: 9780230200524: Books - Amazon.ca 0000006233 00000 n is widespread in the USA: Logistics is the process of planning, implementing, and. Supply chain management Vs. logistics management Outline Introduce yourself Who I am Course introduction Course description Learning objectives Textbooks Grading policy Schedules. Program title: BA in Logistics and Supply Chain Management Program duration (in years): Three for regular and Four for extension Study Language: English Credits and the equivalent ECTS: ECTS - 185 and 112 Cr.Hrs The terms Logistics and Supply Chain Management are used interchangeably these days, but there is a subtle difference that exists between the two. The book uses well-developed pedagogy and numerous case studies, guiding the reader through the subject by retaining a strong focus on the application of theory and practical situations. Nevertheless, discipline and practice have been in reality for centuries. This expanded edition gives details on SCM, APO, and EWM and offers coverage of SAP HANA, cloud, and mobility for logistics. Considering different production factors, functions and processes in a company and . The terms Logistics and Supply Chain Management are these days interchangeably, but there is a suitable difference that occurs between these two. University of Tennessee. The text remains engaging and brief while integrating all of the major concepts of both subjects in one cohesive source. Operating flows refer to the information generated (or required) to serve the orders to the customer. Fundamentals of Supply Chain Management 8 Introduction 1ntroduction I 1.1hy Supply Chain Management W A supply chain is basically a group of independent organisations connected together through the products and services that they separately and/or jointly add value on in order to deliver them to the end consumer. Supply chain management is used to describe a number of different approaches that are used to integrate the flow of materials, finances and information efficiently. – Operations Management While the materials flow from the supplier to consumer, the information flows the other way round. By whatever name, it is the sinuous, gritty, and cumbersome process by which companies move, materials, parts, and products to customers. In India, IIM Bangalore offers specialized courses for theoretical and applied research in the field. 0000028958 00000 n Truck consignments take more time for delivery as compared to air transport but demand conservation of higher inventory levels. The terms Logistics and Supply Chain Management are these days interchangeably, but there is a suitable . Logistics Management focuses on the management of daily operations concerning the final product of the organisation. If an individual aspires to be a worldwide inhabitant in a world that is becoming progressively smaller, it can give his or her occupation a big improvement. There are many different benefits of supply chain management. 0000093477 00000 n The Logistics, Materials, and Supply Chain Management AAS degree is designed for the student to develop the knowledge and skills that will prepare the graduate for employment in areas within the total supply chain. Found insideContaining the most influential papers from the International Symposium on Logistics, Developments in Logistics and Supply Chain Management demonstrates the evolution in logistics and supply chain management since the 1990s. This new edition puts more emphasis on the organizational context in which logistics systems operate and also covers several new models and techniques that have been developed over the past decade. This second edition will be available until June 2021.Looking at Logistics is a first look at logistics and supply chain management that can easily be used as a textbook in the college, community college, and high school setting. As you saw in the video, supply chain management is the process of managing the movement of the raw materials and parts from the beginning of production through delivery to the consumer. "This book explores the creation of integrated supply chains, the developments of virtual business, and the processes of re-engineering for business development"--Provided by publisher. The book breaks new ground, combining the expertise of leading authorities to analyze and navigate the funding components for these critical transportation functions. SCM as a career choice provides you with sufficient chances to tackle stimulating glitches while also giving you insights about the occupation that very few roles can afford. The traditional organizations used to think of them separately, but there is a definite value addition in integrating the two due to the interdependence and feedback channel between the two. It is done with the help of planning policies related to the quality and also implementing those policies and procedures in the operations of business, logistics and supply chain management. Advances in electronic data interchange (EDI), artificial intelligence and wireless communication is partly responsible for this intelligent shift. 1 Logistics, Operations and Supply Chain Management 1.0 Unit Overview & Description 1.1 Introduction 1.2 Logistics: A System Concept 1.3 Logistics Functions 1.4 Logistics Management - Objectives 1.5 Role of Logistics in the Supply Chain 1.6 Transport Corporation of India - Indian Road Freight Index 1.7 Catalysts for Outsourcing Trends The finest part is everyone charming such as organizations as well as consumers. Discuss ways in which logistics can be used to achieve a competitive . Supply chain management is typically viewed to lie between fully vertically integrated firms, where the entire material flow is owned by a single firm, and those where each channel member operates independently. o   The factors which determine the economies of transportation decisions include but are not limited to: distance between the starting and destination points, and density (higher density products take less space — space constraints outweigh weight constraints by a huge margin), stow ability (spherical packaging will lead to more empty spaces compared to cubical) and volume of the goods. Key 7 Advantages and Benefits of Supply Chain Management. 0000092819 00000 n An Introduction To Logistics And The Supply Chain In the Beginning In the Beginning The bottled water did not suddenly materialize in your hand. 0000036312 00000 n It is the back-end building for storing goods. Found insideThe book helps you learn about the areas of business that make up a supply chain, from procurement to operations to distribution. Abstract. Save my name, email, and website in this browser for the next time I comment. Logistics is misunderstood and often overlooked with the excitement surrounding supply chain management and all of the related technology that has been developed to support the supply chain. While being creative sounds exhilarating, you . 0000036251 00000 n The term "Supply Chain Management" was coined in 1982 by Keith Oliver of Booz, Allen and Hamilton Inc. In this chapter we provide a brief introduction into the concepts of logistics and supply chain management. 0000092915 00000 n A supply chain is the system of all the individuals, organizations, resources, activities and technology involved in the creation/sale of a product. The packaging will then depend on the end goal; form factor plays the lead role when packaging goods for the end consumers, while function plays the lead role in packaging for logistical operations. Detailed below are 10 excellent reasons to pursue a career in logistics and supply chain management. 0000002489 00000 n It will also be useful to all learners who are interested in developing a career in the area of supply chain management. Understand where logistics and supply chain management strategies can aid other areas of business organisation. Transportation helps the drive of not just product undertaking but storing as well. It is simply a term referring to the collection of businesses or individuals responsible for transforming raw materials into products and then getting those products into the hands of consumers. The Introduction To Supply Chain Management course will be of great interest to all professionals who work in the areas of operations management, logistics, procurement, and information technology. The plan for implementation will include development or configuration of an information system, introduction of new policies, and procedures and the development of a change management plan. SCM is a management concept that integrates the management of supply chain process. Topic 1 - Introduction & Overview of Logistics & Supply Chain Management 1. %%EOF In Austin surrounding area, there is a projection of nearly 35,000 . Truck shipments take more time for delivery compared to air transport (customers with relaxed turnaround times); is cheaper but necessitates maintenance of higher inventory levels. 0000093618 00000 n 0000003281 00000 n 0000002297 00000 n : A broad general introduction to all essential aspects of logistics and supply chain management, set within the wider business context. 0000092526 00000 n The book has been developed from courses taught to engineering, computer science and management science undergraduate and graduate students. The demand for logistics is currently at an all-time high, so if you hope to find steady, high-paying work, this might be the career for you. Includes bibliographical references and index. Found insideIn this book, we tried to compile a selection of papers focusing on a wide range of problems in the supply chain domain. This article focuses the role of Information technology (IT) in supply chain management. 0000005908 00000 n The kind of transportation hired by an association is a planned choice, founded on the obligatory level of danger experience, customer service outlines, the physical area enclosed etc. 0000003767 00000 n Fewer inventories with negligible stock-outs — the hallmark of an efficient logistical system. 0000005994 00000 n Found insideLatin America is a fast-growing market, but its poor infrastructure, explosive urbanization, expensive and inefficient logistics, and multiple social problems continue to pose major problems to logistics professionals and academics. Welcome to our online Introduction to Supply Chain Management! Industrial plants, granaries, stores are all services which form key components in the network design. -part of logistics supply chain evolution that is about the increase in merging of function into inbound and outbound categories 1970s-1980s -part of logistics supply chain management evolution that focuses on: In order to do this Effective logistics is required i.e. trailer Building upon the foundations of the first edition, Introduction to Supply Chain Management Technologies, Second Edition details the software toolsets and suites In this chapter we provide a brief introduction into the concepts of logistics and supply chain management. Introduction to Logistics and Supply Chain Management. . 0000040991 00000 n The forecast depends on the historical baseline for sales, seasonality (soft drinks have higher sales volume in May), recent trends (Samsung is losing out to competitors when it comes to phones, a declining trend), business cycles (economies go through expansion and contraction every few years), promotional offers (up to 50% off can drive the average fashionista mad) etc. ! The price and constancy required out of the transport network which controls the type and method of the undertaking of goods. Call it distribution or logistics or supply chain management. controlling the efficient, effective flow and stor age of goods, services, and related. For FREE Lecture to understand What is Supply Chain Management, and for more lectures on Supply Chain Management and Logistics, visit:http://www.aims.educati. 0000007307 00000 n Introduction. College/Institution: CBE. Paul Myerson introduces his book, Introduction to Supply Chain and Logistics Management Made Easy</a>, where he not only defines the supply chain but also offers insight into its various components, tools, and technology to help improve your understanding so that you can use it as a competitive tool in your business. Logistics and Distribution Systems: Dynamic Economic Lot Sizing Model . o   FlipKart has eKart for its logistical operations and warehousing, whereas smaller e-commerce players generally outsource their operations to specialized logistics players such BlueDart, DHL and now Delhivery. ISBN -333-96369-5 (paper) 1. Business logistics. A primer for newcomers to the field of logistics, offering clear and understandable explanations of the key concepts and methods. 2. 0000093748 00000 n Introduce Yourself Lets me know who you are. The basic and important terms that are related to logistics and SCM are described below along with their details.Inventory Planning. 0000001567 00000 n Issues in Supply Chain Strategy (Courtesy of Don Rosenfield. Introduction to Logistics and Supply chain Management. Found insideUnderstanding this, Principles of Global Supply Chain Management offers a comprehensive insight into the global supply chain sector—analyzing the strategic, operational and financial aspects of the industry, and addressing the key ... The best part is everybody winning — organizations, end consumers and Mother Nature. . 1-35 1.8 Book Objectives and Overview • Inventory management • Logistics network planning • Supply contracts for strategic as well as commodity components. Logistics Management, on the other hand, is the coordination and moving of resources, and forms part of the supply chain. supply chain, inventory management and optimization so that you may make better decisions or better understand the system you have or are about to implement. 0000093522 00000 n Track the theories and concepts that underpin supply chain management. Logistics is generally seen as a differentiator in terms of the final bottom line of a typical “hard and tangible goods” organization; enabling either a lower cost or providing higher value. Supply chain management can be defined as the management of relationships with all stakeholders, to deliver superior customer value at less cost to the supply chain as a whole. 0000004323 00000 n Introduction & Terms The Evolution of the Supply Chain Found inside – Page iHighlighting key concepts, emerging innovations, and future directions, this book is a pivotal reference source for professionals, managers, educators, and upper-level students. The first book to completely define the architecture of the merger of SCM and the Internet, Introduction to e-Supply Chain Management: Engaging Technology to Build Market-Winning Business Partnerships shows you how to exploit this merger ... NOTE: There is now a new, third edition of Looking at Logistics. This book provides an overview of important trends and developments in logistics and supply chain research, making them available to practitioners, while also serving as a point of reference for academicians. are all facilities which form key components in the network design. The Higher Certificate in Supply Chain Management offers a combination of theory and practice in the area of supply chain management. All rights reserved. COURSE TITLE: Logistics/Supply Chain Management TRA 6157 (3 Semester Hours) COURSE DESCRIPTION: There is a great deal of confusion regarding exactly what supply chain management (SCM) involves. 0000007541 00000 n Based on the needs of the organization, it can be in-house or outsourced. o   Yet overstocks lead to increase in working capital requirements, insurance costs and blocked resources which could have been productive someplace else. Some of the industries that are in perennial need of SCM professionals are: manufacturing, automotive, retail, construction and services (IT/Consulting). Time spent for delivery means saved time for warehousing, and many times the cost to offload and reload shipments can be greater than the cost of letting the goods stay in the transportation vehicles itself. o   That would have been awesome, but it is deep into the ideal world zone. And concepts that underpin supply chain management are used interchangeably these days interchangeably, introduction to logistics and supply chain management! The entire distribution set up to achieve a competitive Introduce yourself Who I am Course Course... Quickly by cost savings due to better operational efficiency and enhanced customer service movement and storage the purpose of just... As a connection between the industrial and advertising operations of a resource at the right amount of a are... Donald Waters 2002073544 Editing and origination by Aardvark Editorial, Mendham, Suffolk 10987654321 12 11 10.! Blend to make the last consignment effective Oliver of Booz, Allen and Hamilton Inc a subtle aspect inventory... Constant need of SCM professionals are industrial, automotive, trade, construction and services, Donald ] on.... Operations to distribution method of the organization, it can be in-house or outsourced 1-35 1.8 book and. Of SCM professionals are industrial, automotive, trade, construction and services as they are planned sourced. Role of information in the context of a warehouse are product undertaking but storing as well commodity... A Lot taught to engineering, computer science and management science undergraduate and graduate students deep into concepts... Up a supply chain management management 1 insideThe UK ’ s bestselling book on and... Efficiency of a warehouse are product undertaking but storing as well as components. 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