Group 4 Supply Chain Synchronisation For Effective Operations Planning (Rev)

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CONTENTS Introduction of Supply Chain Management Eight Dimensions of Supply Chain Synchronisation Operation Planning

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Group 4 Supply Chain Synchronisation For Effective Operations Planning (Rev)

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The Supply Chain Management has the potential to improve Company’s competitiveness. Supply chain capability is as important to a company's overall strategy as overall product strategy. It encourages management of processes across departments. By linking supply chain objectives to company strategy, decisions can be made between competing demands on the supply chain. The impact of managing overall product demand and the supply of product will impact the profitability of the company.

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Supply At the most fundamental level, supply chain management (SCM) is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination managementThe Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and ReturnINTEGRATION. Integration starts at your strategic planning phase and is critical throughout your communications and information sharing and data analysis and storage. ... OPERATIONS. ... PURCHASING. ... DISTRIBUTIONHere are six types of supply chain models that can drive supply chain management for a business: Continuous Flow. This is one of the most traditional models on the list. ... Fast chain. The fast chain model is one of the new names in supply chain strategies. ... Efficient Chain. ... Agile. ... Custom-configured. ... FlexibleThere are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The Product Flow – The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needsSupply chain management is the process of delivering a product from raw material to the consumer. It includes supply planning, product planning, demand planning, sales and operations planning, and supply management.Adapt Supply Chain to Customer's Needs. ... Customize Logistics Network. ... Align Demand Planning Across Supply Chain. ... Differentiate Products Close to Customer. ... Outsource Strategically. ... Develop IT that Support Multi-Level Decision Making. ... Adopt Both Service and Financial MetricsIntegration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive. Communicating and collaborating with all parties is a business strategy that eliminates errors and saves money.Buying products or services. Purchasing is a key component of any procurement role. ... Managing procurement processes. ... Supplier relations. ... Understand business goals and objectives. ... Policy management. ... Sustainability & Ethics. ... Manufacturing. ... Merchandising.Four major steps of manufacturing are: Protect raw materials, components, and finished goods during storage, handling, and transportation by using appropriate packaging. Assemble raw materials and components into a final product. Test and improve the final product. Remove disposable components and waste.The best way to understand the various stages of supply chain management and their influence on one another is to take a look at the three levels of supply chain management: the strategic level, the tactical level, and the operational levelShippers' Top 5 Supply Chain Challenges: Keeping transportation costs down. Keeping up with customer/i

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Enhanced Order and Demand Management Systems1 Enhanced Order and Demand Management Systems7 Enhanced Order and Demand Management Systems Prateek Gupto Harrisburg University Abstract Order and demand management is by far one of the prime aptitudes of supply chain and businesses. At present, maintaining a consistency in order management and fulfillment is more important for smooth functioning of a firm. At the same time, it has become tougher than ever. The reasons are familiar to any company operating in the global arena. This is mainly because rise in the complexity of order and delivery management process networks, the complexity of global supply chains and the increase in the awareness and outlook of customers and consumers. (Pearcy, 2013) Every Retail Operations order management division in supply chain system would want to have an optimal way to capture and fulfil retail sales orders so that all the orders get processed, exceptions are flagged and resolved in time to meet the customer’s RDD (Requirement Delivery Date). Currently the most widely used systems by top tier companies are SAP EMW, NetOps, Oracle and others. But, these prove to cost companies a lot for contracting their services and becomes a big challenge specially when there’s an upgrade (e.g. Oracle 11g to 12 migration), ultimately costing companies. So, to overcome these challenges we can develop and introduce an independent in-house Order and Inventory management ERP system in Supply Chain Management division to capture all the B2B orders. The system will schedule a process which will run every half hour to sync all the retail orders inside the Order Management system to master database of supply chain. This in-house built system will act as the source of truth to view the information that is related to the whole lifecycle of B2B orders Keywords: Order Management, Order Fulfilment, Demand Management, Inventory Management, Logistics, Logistic System, Warehouse, B2B orders, Warehouse Management Table of Contents Abstract2 Enhanced Order and Demand Management Systems4 Relation to CPT4 What HCL does?4 Overview of CPT Assignment.5 Relation to ISEM.5 Introduction6 Why do we need such system in SC Engineering?7 Key terms and Definitions8 Problem Statement and Justification9 Literature Review10 Proposed Solution Approach and Work Plan12 Conclusion13 References14 Enhanced Order and Demand Management Systems Relation to CPT My current CPT assignment is with the Global IT consulting firm, HCL Americas Inc. HCL America was established in 1989, headquartered in Sunnyvale, California. Based on a in depth assessment of the market and customer insights, HCL follows comprehensive services and portfolio that establishes it as one of the most reliable IT companies in the US.What HCL does? “HCL uses its Integrated Infrastructure and Operations Management (IOMC) model to improve the supply chain and logistics for its customers which significantly reduces the vendor management overhea ...

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