Podcast
Questions and Answers
In the five-stage model of supply chain management evolution, which stage is characterized by 'multiple dysfunction'?
In the five-stage model of supply chain management evolution, which stage is characterized by 'multiple dysfunction'?
According to the text, how many stages are typically recognized in the development of a supply chain?
According to the text, how many stages are typically recognized in the development of a supply chain?
What might cause some small and midsize organizations to be at a lower level of supply chain management evolution than their larger peers?
What might cause some small and midsize organizations to be at a lower level of supply chain management evolution than their larger peers?
According to the text, why might an organization believe it is in the highest stage of supply chain management evolution when it has actually slipped down a notch?
According to the text, why might an organization believe it is in the highest stage of supply chain management evolution when it has actually slipped down a notch?
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What behavior is likely to be exhibited by some enterprises early in the evolution of the supply chain, according to the text?
What behavior is likely to be exhibited by some enterprises early in the evolution of the supply chain, according to the text?
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'Stable supply chain' is characterized by which of the following according to the text?
'Stable supply chain' is characterized by which of the following according to the text?
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What is another term used in the text for Stage 5 in the five-stage model of supply chain management evolution?
What is another term used in the text for Stage 5 in the five-stage model of supply chain management evolution?
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What is the core model of the orchestrated supply chain emphasizing?
What is the core model of the orchestrated supply chain emphasizing?
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What is required for Orchestrated Supply Chain (Stage 5)?
What is required for Orchestrated Supply Chain (Stage 5)?
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What does digital transformation involve?
What does digital transformation involve?
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What do evolved supply chains in higher stages focus on?
What do evolved supply chains in higher stages focus on?
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What is involved in Stage 4 of supply chain maturity?
What is involved in Stage 4 of supply chain maturity?
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What does global competition now involve?
What does global competition now involve?
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What replaces traditional production planning in Stage 4 companies?
What replaces traditional production planning in Stage 4 companies?
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What is crucial for digital transformation?
What is crucial for digital transformation?
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What does the Orchestrated Supply Chain require?
What does the Orchestrated Supply Chain require?
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What characterizes Stage 1 of supply chain evolution?
What characterizes Stage 1 of supply chain evolution?
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What is a characteristic of Stage 2 of supply chain evolution?
What is a characteristic of Stage 2 of supply chain evolution?
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What is emphasized in Stage 3 of supply chain evolution?
What is emphasized in Stage 3 of supply chain evolution?
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What is basic in Stage 1 of supply chain evolution?
What is basic in Stage 1 of supply chain evolution?
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What is a characteristic of Stage 2 in terms of automation?
What is a characteristic of Stage 2 in terms of automation?
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What drives the evolution of supply chains according to the text?
What drives the evolution of supply chains according to the text?
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What is true about internal activities in Stage 1?
What is true about internal activities in Stage 1?
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What is the focus of the third stage of supply chain evolution?
What is the focus of the third stage of supply chain evolution?
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What does Stage 4, the extended enterprise, involve?
What does Stage 4, the extended enterprise, involve?
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What facilitates the focus on business processes in supply chain evolution?
What facilitates the focus on business processes in supply chain evolution?
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How does MRP II and ERP initiatives impact order processing in supply chain evolution?
How does MRP II and ERP initiatives impact order processing in supply chain evolution?
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How does product design change in supply chain evolution?
How does product design change in supply chain evolution?
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How does customer service improve in supply chain evolution?
How does customer service improve in supply chain evolution?
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Study Notes
Stages of Supply Chain Evolution
- The third stage of supply chain evolution is characterized by increased cross-functional communication and training, centrally located databases, and periodic sales and operations planning meetings.
- Proactive efficient supply chain proposes new raw materials or product designs to lower complexity and costs and invests in integrated information systems.
- Exhibit 1-6 visually represents a linked internal supply chain with collaboration and sharing of information through enterprise resources planning software (ERP).
- The focus on business processes is facilitated by electronic communications, file transfers, powerful databases, and enterprisewide software applications.
- MRP II and ERP initiatives reduce the time it takes to get an order from a supplier, create the product, and deliver it to the customer.
- Product design is now a team effort, resulting in products ready for manufacturing without costly modifications.
- Customer service improves due to market segmentation and efficient replenishment policies.
- Inventory is managed strategically with Just-in-Time procedures, accurate demand planning, and improved logistics.
- Warehouse management benefits from more advanced equipment and automation.
- The nucleus company may begin to integrate with external supply chain members by contracting with a logistics supplier.
- Stage 4, the extended enterprise, involves collaborating on planning, design, replenishment, or logistics with suppliers or customers, integrating internal networks for efficiency and quality.
- The extended enterprise involves initial exploratory collaboration between a channel master and one or several partners in the supply chain, often leading to more fully networked relationships and multicompany collaborations.
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Description
Test your knowledge about proactive efficient supply chain strategies, including milestones, software introduction, cross-functional communication, databases, and sales and operations planning meetings.