GSCM206 Discussions Week 5

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GSCM206 Discussions Week 5
Identify the critical role of effective and efficient supply chains and how operations personnel need…

 

 

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GSCM206 Discussions Week 5

GSCM206 Discussions Week 5

All Students Posts 73 Pages 

Supply Chain Management – 38 Pages 

Identify the critical role of effective and efficient supply chains and how operations personnel need to plan, organize, and develop the right strategies and processes. Within your organization, how many suppliers do you have? As you can see, it takes a lot of work to keep a continuous flow of money, information and goods. Having fewer suppliers is not a concern of the supply chain. Why is this?…

Enclosed is a great definition of a supply chain from APICS.

From the APICS Dictionary, A SUPPLY CHAIN is the global network used to deliver products and services from raw materials to end customers through engineered flows of information, physical distribution and cash.

I separated the words in specific sections so you can better understand the definition. When we look at supply chains we need to expand our understanding beyond our 4 walls of our legal organization. In other words, we have to look at all our partners in our supply chain. Three things are always moving in these networks; money, information and goods. We no longer compete against other companies but rather compete against other networks. Can you see how the supply chain starts to form a partnership with each other. Within your organization, how many suppliers do you have? As you can see, it takes a lot of work to keep a continuous flow of money, information and goods.

When you find a supplier; what would you do to qualify the supplier, or would you just place an order?  What are the special requirements of supply-chain systems in global environments?…

Outsourcing – 35 Pages 

When considering a company’s ability to make or buy products or services, what are the risks and benefits of each strategy? The term outsourcing brings a lot of emotion out of people. What is your personal opinion about outsourcing globally? Do you think it’s necessary in this global environment? Why or why not? Lots of organizations have tried and failed in attempting to outsource product and services to other counties. What they did not realize was it take a considerable amount of time and resources to resolve many problems that can occur. The larger firms have experience with more success, because they have the additional funding and resources to solve these issues but many times the smaller firms cannot absorbed the additional funding. What types of problems do you see an organization running into when outsourcing?

When we talk about outsourcing, I hear a lot about China.  Do you believe we can obtain high quality goods when outsourcing overseas to China? Why or Why Not?  Do you think it’s better to have many outsourced suppliers or less outsourced suppliers? Why?

Cost used to be the only factor for outsourcing, but now it’s an entirely different game. Let’s list some more of the reasons to outsource. Can you add to this list of factors to outsource?

  • Gain local presents in area markets.
  • Obtain skill resources
  • Focus on core capabilities