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ISQA 479. Information Supply Chain Integration. Key Concepts. Clockspeed Influences on Supply Chain Strategy of Demand Uncertainty NPI Frequency Postponement Standardization Push/Pull Boundaries Supplier Involvement in NPI Batch Ordering. On the Value of Information.
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ISQA 479 Information Supply Chain Integration
Key Concepts • Clockspeed • Influences on Supply Chain Strategy of • Demand Uncertainty • NPI Frequency • Postponement • Standardization • Push/Pull Boundaries • Supplier Involvement in NPI • Batch Ordering
On the Value of Information • Better Forecasting • Information Replaces Inventory • Lead Times • Price Fluctuations • Perceptions of Scarcity • Bullwhip Effect • Panic Buying
Methods for Coping with the Bullwhip Effect • Reducing Uncertainty • Reducing Variability • Lead Time Reduction • Strategic Partnerships
Forecasting and Inventory Management • Min/Max • ROP • Order-up-to Level • Moving Averages of Demand • VMI and Other Strategic Partnerships • Push/Pull Boundaries
Supply Chain Trade-offs • Economies of Scale/ICC • Transportation Economies/ICC • Transportation Velocity Tradeoffs • Variety/ICC • Customer Service • ICC • Transportation • DC Locations
Risks and Benefits of Information Sharing • Benefits • Risks
Square Root Rule New Inventory Level = Old Inventory Level X Square Root of Number of New Warehouses/Number of Old Warehouses • This Maintains the Same Service Level