Describe the logistical components of the supply chain

Assignment Help Supply Chain Management

Reference no: EM131267009

Describe the logistical components of the supply chain. The logistics supply chain consists of several interrelated and integrated logistical components:

(1) sourcing and procurement of raw materials and supplies,

(2) production scheduling,

(3) order processing,

(4) inventory control,

(5) warehousing and materials-handling, and

(6) transportation.

The logistics information system is the link connecting all of the logistics components of the supply chain. Information technology connects the various components and partners of the supply chain into an integrated whole. The supply chain team, in concert with the logistics information system, orchestrates the movement of goods, services, and information from the source to the consumer. Supply chain teams typically cut across organizational boundaries, embracing all parties who participate in moving product to market.

Procurement deals with the purchase of raw materials, supplies, and components according to production scheduling. Order processing monitors the flow of goods and information (order entry and order handling). Inventory control systems regulate when and how much to buy (order timing and order quantity). Warehousing provides storage of goods until needed by the customer while the materials-handling system moves inventory into, within, and out of the warehouse. Finally, the major modes of transportation are railroads, motor carriers, pipelines, waterways, and airways.

1. Assume that you are the supply chain manager for a producer of expensive, high-tech computer components. Identify the most suitable method(s) of transporting your product in terms of cost, transit time, reliability, capability, accessibility, and traceability. Now, assume you are the supply chain manager for a producer of milk. How does this change your choice of transportation?

Reference no: EM131267009

Questions Cloud

What are the key processes in supply chain management : Identify the eight key processes of excellent supply chain management and discuss how each of these processes impacts the end customer.

Expected benefits that may come from supply chain mapping : Discuss the key strategic decisions supply chain managers must make when designing their companies' supply chains.

Jaeho and lawrence scores on the exam : Does Jaeho have a dominant strategy with regard to concealing or revealing his answers? Explain your answer. Does Lawrence have a dominant strategy with regard to concealing or revealing his answers? Explain your answer. What do you predict will be J..

Analyze your client companys suppliers in terms of abilities : Analyze your client company's suppliers in terms of their abilities to meet the demand of customers during steady-state and peak operations.

Describe the logistical components of the supply chain : Describe the logistical components of the supply chain.- Identify the most suitable method(s) of transporting your product in terms of cost, transit time, reliability, capability, accessibility, and traceability.

Describing the characteristics of the building : A multivariate linear regression model has been built to predict the heating load in a residential building based on a set of descriptive features describing the characteristics of the building.

Identify expectations for each stakeholder : Stakeholder analysis: Identify key stakeholders, Identify expectations for each stakeholder. Identify any issues related to unmet stakeholder expectations

Why is supply chain performance measurement necessary : Explain why supply chain performance measurement is necessary and important.- Why is supply chain performance measurement necessary and important?

Tax incidence split between workers and firms : Suppose that after the tax is imposed, the wage rate rises to $12.00 an hour and that only 8,000 workers are employed. How is the tax incidence split between workers and firms?

User Account

All Pages