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Operations Management Reading: Supply Chain Management |
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8031
2014/08/01
Gaur, Vishal
Operations management
71p
2024/06/01
- 2015
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Core Curriculum in Operations Management is a series of Readings that cover fundamental course material in Operations Management. Readings include Interactive Illustrations which help readers master complex concepts quickly. This Reading is accompanied by a Teaching Note, exhibit slides, and review questions. The latest revision (June 2024) features updated cases and sample calculations, and new references to technological, geopolitical, and regulatory forces affecting operations, from internal process controls to global supply networks. Learn more: https://bit.ly/ops-mgmt-cc-guide What should a supply chain do well? After an introduction to key terms and concepts, the core reading moves on to the strategic and operational decisions behind a supply chain that matches the need for responsiveness and efficiency. Within this framwork, it presents the strategic and operational decisions behind improving efficiency, and introduces concepts such as sales and operations planning, the bullwhip effect (and steps for avoiding this phenomenon), and updating demand forecasts. Practical strategies for improving responsiveness focus on delayed differentiation and in-depth discussion of read-react capability. The reading concludes by shifting to the design stage of a supply chain, . A supplemental reading also explores sources of supply chain risk, building resilience, and future requirements for compliance, transparency, and traceability. The reading includes Interactive Illustrations which allow readers to experiment with parameters and master complex theories quickly. Interactive Illustrations include: Read-React Capability; Buyback Pricing; Holding Costs for Domestic vs. Foreign Production; When to Produce in a Foreign Location; Statistical Economies of Scale; and, Statistical Economies of Scale with Negative Correlation.
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Asset management;Environmental sustainability;Logistics;Operations strategy;Risk management;Supply chain management
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, (8033), 9p, by Vishal Gaur; , (8034), 0p, by Vishal Gaur; , (8035), 18p, by Vishal Gaur
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