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Supply Chain Management (SCM) is the coordination of a business' entire production flow, from sourcing raw materials to delivering a finished item. Also involves the coordination of external partners and both internal resources and operations management.
Operations and Supply Chain Management
OSCM Is defined as the design, operation, and improvement of the systems that create and deliver the firm’s primary products and services.
Strategy
Strategy should describe how a firm intends to create and sustain value for its current shareholders.
Design of Products and Services
Product design is integral to the success of many companies and differs significantly depending on the industry.
Strategic Capacity Management
While many industries measure and report their capacity in terms of outputs, those whose product mix is very uncertain often express capacity in terms of inputs.
Learning Curves
A learning curve is a line displaying the relationship between unit production time and the cumulative number of units produced.
Manufacturing Processes
Production / Manufacturing processes are used to make everything that we buy, from the apartment building in which we live to the ink pens with which we write.
Facility Layout
Layout decisions entail determining the placement of departments, work groups, workstations, machines and stock-holding points within a production facility.
Service Processes
The customer is (or should be) the focal point of all decisions and actions of the service organization.
Waiting Line Analysis and Simulation
A central problem in many service settings is the management of waiting time.
Process Design and Analysis
Understanding how processes work is essential to ensuring the competitiveness of a company.
Lean Supply Chains
Lean production refers to a focus on eliminating as much waste as possible.
Logistics, distribution, and transportation
Logistics is defined as the art science of obtaining, producing and distributing material and product in the proper place and in proper quantities.
Global Sourcing and Procurement
Strategic sourcing is the development and management of supplier relationships to acquire goods and services in a way that aids in achieving the immediate needs of the business.
Material Requirements Planning (MRP)
MRP is based on dependent demand, it is, the demand caused by the demand for a higher-level item.
Inventory Management
For many businesses, inventory is the largest asset on the balance sheet at any given time.
Enterprise Resource Planning
The Enterprise Resource Planning systems are now commonly used by large companies to support supply and demand planning and control.
Forecasting
Forecast are vital to every business organization and for every significant management decision.
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