Operation Management -presentation-.ppsx
- 1. Supply Chain Management Prepared by; Marwa Abdel Rahman
- 2. What is Supply Chain? A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user.
- 3. Components of Supply Chain
- 4. How to sustain a competitive advantage? Through effective and efficient management of supply chains rather than individual organizations.
- 5. What’s supply chain management? Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
- 7. What’s Lean SCM? Lean supply chain management is about reducing costs and lowering waste as much as possible. “Doing more with less” Less time, inventory, space, labor and money.
- 8. Lean Supply Chain is suitable for: • Organizations with high volumes of purchase orders since waste and costs can accumulate quickly. • Companies with high volumes of low variability purchase orders, such as food items.
- 9. Example on Lean Supply Chain:
- 12. What’s Agile Supply Chain? • Agile Supply Chain is built to be highly flexible for the purpose of being able to quickly adapt to changing situations. • Implementing an agile supply chain allows organizations to quickly adjust their sourcing, logistics, and sales.
- 13. Agile Supply Chain is suitable for: Organizations that have less predictable environments like external economic changes, changes in technology, or changes to customer demand.
- 14. Example on Agile Supply Chain:
- 15. Comparison between Lean & Agile
- 16. What’s Leagile Supply Chain? It is using Lean and Agile in combination. It is having a hybrid supply chain strategy.
- 17. Leagile Supply Chain is suitable for: A company attempting to become a "mass customizer“, producing progressively smaller batch sizes (sometimes as little as one item) specific to customers' sometimes unique needs.
- 18. Example on Leagile Supply Chain:
- 19. Conclusion Whether to implement lean, agile or leagile supply chain depends on the demand, market conditions and field of industry.
- 20. Thank You