GMS 804 Lecture Notes - Lecture 1: Outsourcing, Single Source Publishing, Supply Chain
10 Nov 2016
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Starbucks experience: from time you get in to the time you leave. Easy process to make coffee, many sources to transfer beans (e. g guatemala, sumatra, brazil, Many locations across the world (e. g more than 50 stores in dt toronto) Must have extensive global network of trading partners. Deliver hq and consistency in other stores. From coffee growers to roasting plants to distributors. Must manage relationships w/ partners, guarantee product availability, operate efficiently to keep costs low. Scm is the fastest-growing area of business today (core success of businesses such as apple, These companies achieved world-class status due to strong focus in scm. Compete on dimensions: quality, time cost, customization, must be rapid innovators. Supply chain is network of all entities involved in producing, delivering finished product to final customer (includes raw materials, parts, manufacture, assembling, storing, tracking order/distribution/delivery) Scm design and management of flows of products, info, funds thru supply chain.
