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Supply Chain Management

Supply Chain Management. Gordon Tews. Overview. Video clip What is Supply Chain Management Supply Chain Management Areas Importance of Supply Chain Management How to Implement into WLC Benefits UWM Enrollment Example. What is Supply Chain Management.

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Supply Chain Management

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  1. Supply Chain Management Gordon Tews

  2. Overview • Video clip • What is Supply Chain Management • Supply Chain Management Areas • Importance of Supply Chain Management • How to Implement into WLC • Benefits • UWM Enrollment Example

  3. What is Supply Chain Management • A method for designing, implementing, and evaluating the flow of materials, products, and information among contributors. • Suppliers • Manufacturers • Wholesalers • Retailers • Supply Chain Management is a challenging task and requires attention to detail.

  4. Supply chain activities cover everything from product development, sourcing, production, and logistics. • The organizations that make up a supply chain are connected together through physical flows and information flows. • Physical flows include the movement and storage of goods and materials. • Information flows allow the supply chain contributors to plan their long-term and short-term plans to control the day to day flow of goods and material up and down the supply chain.

  5. Supply Chain Management is all about having higher volumes and service levels without having to raise expenses. • “Supply Chain Management is an active management of supply chain activities to maximize customer value.”

  6. Procurement • Also known as Purchasing. • Plans are made up with suppliers to support the manufacturing flow management process and the development of new products. • Purchasing function makes quick communication systems, like electronic data transactions to send inventory to their warehouses more quickly.

  7. Other activities Procurement deals with is planning, negotiation, order placement, inbound transportation, storage, handling and quality assurance. • They coordinate with suppliers with scheduling and research into new sources or programs.

  8. Warehouse Management • Warehouse Management deals with reducing company cost and expenses. • Handles the storing of the material. • Warehouse Management needs to be on time, limit damage to materials, and pick up or drop off material to the right location.

  9. Manufacturing Management • Manufacturing produces and supplies products to the distribution stations. • Manufacturing need to be flexible to respond to market changes. • Changes in the Manufacturing lead to shorter cycle times, meaning improved responsiveness and efficiency in meeting customer demand.

  10. Subcontract Process • A contract under the supply of materials, services, or labor is let out to someone other than a party to the main contract. • This is not just outsourcing of materials and components, but also outsourcing of services that have been provided in house. • Decisions need to be taken centrally, with the monitoring and control of supplier performance and day to day contract with logistics partners being best managed at a local level.

  11. Aftermarket Customer Service • Aftermarket Customer Service is the managing the return of goods. • Manages orders from customers for replacement parts. • Manage repair and warranty services. • Ensuring customer satisfaction. • Managing product lifecycle.

  12. Importance of Supply Chain Management • The last 15 years the world has taught us that the personal relationships and communication are here to stay. • Social scientists thought the technological devises and the internet would separate people from one another but the opposite has happened. • Word travels at the speed of light and if you are not ready for it, your competition will be.

  13. The increased communication has given us the need for Supply Chain Management systems more than ever before. • “Increase market competition and globalization has made Supply Chain Management an essential important concern for every company.” • Before technology supply chains focused on predicting consumer demand and lowering production costs.

  14. Supply Chain Management systems have been established to increase a company’s visibility across their supply chain network, helping upper management decision makers come to more knowledgeable choices and react much more quickly to changes in the market. • Supply Chain Management aims at the overall movement of services and material from one end of the chain to the other through different stages in order to improve the profitability, productivity and efficiency of the whole process.

  15. Implement into WLC • WLC will need to hire a professor who have experience in Supply Chain Management. • Add courses to the business department. • Procurement • Planning • Manufacturing (Operations) • Subcontract • Aftermarket

  16. Benefits having Supply Chain Management • Enrolment will increase. • WLC will have an opportunity to compete against other colleges around the area. • Milwaukee has many opportunities for internships for Supply Chain Management backgrounds. • Caterpillar • Faulk • Joy Global • Kohl’s

  17. UWM Enrollment • The number of students majoring in Supply Chain Management in Fall 2011 represents a 10% increase over last fall and a 46% increase over Fall 2007. • 202 Students • 77% men • 23% women • 14% minority

  18. Questions

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