33:799:330 Study Guide - Final Guide: Electronic Data Interchange, Enterprise Integration, Total Quality Management

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Supply chain management: firms collaboraing to leverage strategic posiioning and to improve operaing eiciency. Supply chain strategy: a channel and business organizaional arrangement based on acknowledge dependency and collaboraion. Logisics: the work require to move and geographically posiion inventory. Total integraion creates value in: economic value procurement/mfg strategy, market value market/distribuion strategy, relevancy value supply chain strategy. Value creaion process is end to end from materials, supply network, integrated enterprise, market distribuion network, and customers. Informaion funcionality the more opportuniies the higher the level: strategic planning. Transform data to assist strategy evaluaion: decision analysis. Sotware tools to assist managers: management control. Supply chain informaion systems: enterprise integraion and administraion, enterprise supply chain operaions, enterprise planning and monitoring, communicaion technology, consumer connecivity. Modern corporaions: global context, corporate context, logisics and supply chain, brands/products/divisions. Concepts necessary for achieving integrated management: lowest total process cost, collaboraion, enterprise extension, integrated service providers. Forces driving supply chain strategies: it, integraive management, responsiveness, financial sophisicaion, globalizaion.

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