MSOM 306 Lecture Notes - Lecture 8: Inventory Turnover, Information Transfer, Fiduciary

• School: George Mason University
• Department: Business, Minor in
• Course: MSOM 306
• Professor: Porter

Document Summary

Largest publicly traded casual dining company in the world. Serves over 400 million meals annually in more than 1900 restaurants in the us and canada. Annual sales of flagship brands totals billion. Sources food from five continents and thousands of suppliers. Over billion spent annually in supply chains. Competitive advantage achieved through superior supply chain. Objective: coordinate activities within the supply chain to maximize the supply chain"s competitive advantage and benefits to the ultimate customer. Coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. Includes suppliers, manufacturers, and/or service providers, distributors, wholesalers, retailers, and final customer. Commodity products (i. e. - sourcing issues: make-or-buy vs. outsourcing. Make-or-buy vs. outsourcing choosing between obtaining products and services externally as opposed to producing them internally. Outsourcing - transfer traditional internal activities and resources to outside vendors. Supplier is responsible for technology, expertise, forecasting, gasoline, corn, services- software development) cost, quality, and delivery.