GMS 401 Lecture Notes - Lecture 9: Radio-Frequency Identification, Electronic Data Interchange, Management Information System

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: Wally Whistance- Smith

Document Summary

Supply chain for service providers: more difficult than manufacturing, does not focus on the flow of physical goods, focuses on human resources and support services, more compact and less extended. Supply chain management (scm: managing flow of information through supply chain in order to attain the level of synchronization that will make it more responsive to customer needs while lowering costs, keys to effective scm: Supply chain uncertainty and inventory: a major objective of scm: Respond to uncertainty in customer demand without creating costly excess inventory: negative effects of uncertainty: Insurance against supply chain uncertainty: factors that contribute to uncertainty: Need for supply chain management: increasing competition (using lean or jit, increasing levels of outsourcing, increasing globalization, increasing e-commerce, manage orders & inventories (bullwhip effect) Warehousing: consolidating shipments, deconsolidating shipments, cross docking, cross-docking: Goods arri(cid:448)i(cid:374)g at a (cid:449)arehouse fro(cid:373) a supplier are u(cid:374)loaded fro(cid:373) the supplier"s truck and loaded onto outbound trucks.