CHAPTER 11 Supply Chain Management McGraw-Hill/Irwin Operations Management, Eighth Edition, by William J. Stevenson Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved. Supply Chain Management Supply Chain: the sequence of organizations - their facilities, functions, and activities - that are involved in producing and delivering a product or service. Sometimes referred to as value chains Facilities Warehouses Factories Processing centers Distribution centers Retail outlets Offices Functions and Activities Forecasting Purchasing Inventory management Information management Quality assurance Scheduling Production and delivery Customer service Typical Supply Chains Production Distribution Purchasing Receiving Storage Operations Storage Typical Supply Chain for a Manufacturer Supplier Supplier Supplier } Storage Mfg. Storage Dist. Retailer Customer Typical Supply Chain for a Service Supplier Supplier } Storage Service Customer Need for Supply Chain Management 1. 2. 3. 4. 5. 6. 7. 8. Improve operations Increasing levels of outsourcing Increasing transportation costs Competitive pressures Increasing globalization Increasing importance of e-commerce Complexity of supply chains Manage inventories Bullwhip Effect Amount of = inventory Tier 2 Suppliers Tier 1 Suppliers Producer Distributor Retailer Final Customer Benefits of Supply Chain Management Organization Benefit Campbell Soup Doubled inventory turnover rate Hewlett-Packard Cut supply costs 75% Sport Obermeyer Doubled profits and increased sales 60% National Bicycle Increased market share from 5% to 29% Wal-Mart Largest and most profitable retailer in the world Benefits of Supply Chain Management Lower inventories Higher productivity Greater agility Shorter lead times Higher profits Greater customer loyalty Elements of Supply Chain Management Element Typical Issues Customers Determining what customers want Forecasting Predicting quantity and timing of demand Design Incorporating customer wants, mfg., and time Processing Controlling quality, scheduling work Inventory Meeting demand while managing inventory costs Purchasing Evaluating suppliers and supporting operations Suppliers Monitoring supplier quality, delivery, and relations Location Determining location of facilities Logistics Deciding how to best move and store materials Logistics Logistics Refers to the movement of materials and information within a facility and to incoming and outgoing shipments of goods and materials in a supply chain Logistics • Movement within the facility • Incoming and outgoing shipments • Bar coding • EDI • Distribution • JIT Deliveries 0 214800 232087768 Materials Movement Work center Work center Work center Storage Work center Storage RECEIVING Storage Shipping Distribution Requirements Planning Distribution requirements planning (DRP) is a system for inventory management and distribution planning Extends the concepts of MRPII Uses of DRP Management uses DRP to plan and coordinate: Transportation Warehousing Workers Equipment Financial flows Electronic Data Interchange EDI – the direct transmission of interorganizational transactions, computerto-computer, including purchase orders, shipping notices, and debit or credit memos. Electronic Data Interchange Increased productivity Reduction of paperwork Lead time and inventory reduction Facilitation of just-in-time systems Electronic transfer of funds Improved control of operations Reduction in clerical labor Increased accuracy Efficient Consumer Response Efficient consumer response (ECR) is a supply chain management initiative specific to the food industry Reflects companies’ efforts to achieve quick response using EDI and bar codes E-Commerce E-Commerce: the use of electronic technology to facilitate business transactions Applications include Internet buying and selling E-mail Order and shipment tracking Electronic data interchange Advantages E-Commerce Companies can: Have a global presence Improve competitiveness and quality Analyze customer interests Collect detailed information Shorten supply chain response times Realize substantial cost savings Create virtual companies Level the playing field for small companies Disadvantages of E-Commerce Customer expectations Order fulfillment Order quickly -> fast delivery Order rate often exceeds ability to fulfill it Inventory holding Outsourcing loss of control Internal holding costs Successful Supply Chain Trust among trading partners Effective communications Supply chain visibility Event-management capability The ability to detect and respond to unplanned events Performance metrics SCOR Metrics Perspective Metrics Reliability On-time delivery Order fulfillment lead time Fill rate (fraction of demand met from stock) Perfect order fulfillment Flexibility Supply chain response time Upside production flexibility Expenses Supply chain management costs Warranty cost as a percent of revenue Value added per employee Assets/utilization Total inventory days of supply Cash-to-cash cycle time Net asset turns CPFR Collaborative Planning, Forecasting, and Replenishment Focuses on information sharing among trading partners Forecasts can be frozen and then converted into a shipping plan Eliminates typical order processing CPFR Process Step 1 – Front-end agreement Step 2 – Joint business plan Steps 3-5 – Sales forecast Steps 6-8 – Order forecast collaboration Step 9 – Order generation/delivery execution CPFR Results Nabisco and Wegmans 50% increase in category sales Wal-mart and Sara Lee 14% reduction in store-level inventory 32% increase in sales Kimberly-Clark and Kmart Increased category sales that exceeded market growth Creating an Effective Supply Chain 1. 2. 3. 4. 5. Develop strategic objectives and tactics Integrate and coordinate activities in the internal supply chain Coordinate activities with suppliers with customers Coordinate planning and execution across the supply chain Form strategic partnerships Supply Chain Performance Drivers 1. Quality 2. Cost 3. Flexibility 4. Velocity 5. Customer service Velocity Inventory velocity The rate at which inventory(material) goes through the supply chain Information velocity The rate at which information is communicated in a supply chain Challenges Barriers to integration of organizations Getting top management on board Dealing with trade-offs Small businesses Variability and uncertainty Long lead times Trade-offs 1. Lot-size-inventory 2. Bullwhip effect Inventory-transportation costs Cross-docking 3. Lead time-transportation costs 4. Product variety-inventory 5. Delayed differentiation Cost-customer service Disintermediation Trade-offs Bullwhip effect Inventories are progressively larger moving backward through the supply chain Cross-docking Goods arriving at a warehouse from a supplier are unloaded from the supplier’s truck and loaded onto outbound trucks Avoids warehouse storage Trade-offs Delayed differentiation Production of standard components and subassemblies, which are held until late in the process to add differentiating features Disintermediation Reducing one or more steps in a supply chain by cutting out one or more intermediaries Supply Chain Issues Strategic Issues Design of the supply chain, partnering Tactical Issues Inventory policies Purchasing policies Production policies Transportation policies Quality policies Operating Issues Quality control Production planning and control Supply Chain Benefits and Drawbacks Problem Potential Improvement Benefits Possible Drawbacks Large inventories Smaller, more frequent deliveries Reduced holding costs Traffic congestion Increased costs Long lead times Delayed differentiation Disintermediation Quick response May not be feasible May need absorb functions Large number of parts Modular Fewer parts Simpler ordering Less variety Cost Quality Outsourcing Reduced cost, higher quality Loss of control Variability Shorter lead times, better forecasts Able to match supply and demand Less variety Purchasing Purchasing is responsible for obtaining the materials, parts, and supplies and services needed to produce a product or provide a service. Goal of Purchasing Develop and implement purchasing plans for products and services that support operations strategies Duties of Purchasing Identifying sources of supply Negotiating contracts Maintaining a database of suppliers Obtaining goods and services Managing supplies Purchasing Interfaces Legal Operations Accounting Purchasing Data processing Design Receiving Suppliers Purchasing Cycle Legal 1. Requisition received 2. Supplier selected 3. Order is placed 4. Monitor orders 5. Receive orders Operations Accounting Purchasing Design Receiving Suppliers Data processing Value Analysis vs. Outsourcing Value analysis Examination of the function of purchased parts and materials in an effort to reduce cost and/or improve performance Centralized vs Decentralized Purchasing Centralized purchasing Purchasing is handled by one special department Decentralized purchasing Individual departments or separate locations handle their own purchasing requirements Suppliers Choosing suppliers Evaluating sources of supply Supplier audits Supplier certification Supplier relationships Supplier partnerships Factors in Choosing a Supplier Quality and quality assurance Flexibility Location Price Factors in Choosing a Supplier (cont’d) Product or service changes Reputation and financial stability Lead times and on-time delivery Other accounts Evaluating Sources of Supply Vendor analysis: Evaluating the sources of supply in terms of price, quality, reputation, and service Evaluating Sources of Supply Vendor analysis - evaluating the sources of supply in terms of Price Quality Services Location Inventory policy Flexibility Supplier Partnerships Ideas from suppliers could lead to improved competitiveness Reduce cost of making the purchase 2. Reduce transportation costs 3. Reduce production costs 4. Improve product quality 5. Improve product design 6. Reduce time to market 7. Improve customer satisfaction 8. Reduce inventory costs 9. Introduce new products or services 1. Critical Issues Strategic importance Cost Quality Agility Customer service Competitive advantage Technology management Benefits Risks Critical Issues Purchasing function Increased outsourcing Increased conversion to lean production Just-in-time deliveries Globalization