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    GSCM520 - W6 - Inventory Management Study D40562330

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    FrankPapa
    This document outlines 9 course objectives for a foundations in global supply chain management course. The objectives cover topics like operational excellence, designing flexible work processes, the importance of technology, inventory management, forecasting techniques, quality management, improving operations synergies, production scheduling, and facility location selection. Each objective provides a brief description of the topic and sometimes learning outcomes.

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    GSCM520 - W6 - Inventory Management Study D40562330

    Uploaded by

    FrankPapa
    55 views11 pages
    This document outlines 9 course objectives for a foundations in global supply chain management course. The objectives cover topics like operational excellence, designing flexible work processes, the importance of technology, inventory management, forecasting techniques, quality management, improving operations synergies, production scheduling, and facility location selection. Each objective provides a brief description of the topic and sometimes learning outcomes.

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    This is a Project Assignement for Global Supply Management Class

    Original Title

    GSCM520_W6_Inventory Management Study D40562330

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    This document outlines 9 course objectives for a foundations in global supply chain management course. The objectives cover topics like operational excellence, designing flexible work processes, the importance of technology, inventory management, forecasting techniques, quality management, improving operations synergies, production scheduling, and facility location selection. Each objective provides a brief description of the topic and sometimes learning outcomes.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    55 views11 pages

    GSCM520 - W6 - Inventory Management Study D40562330

    Uploaded by

    FrankPapa
    This document outlines 9 course objectives for a foundations in global supply chain management course. The objectives cover topics like operational excellence, designing flexible work processes, the importance of technology, inventory management, forecasting techniques, quality management, improving operations synergies, production scheduling, and facility location selection. Each objective provides a brief description of the topic and sometimes learning outcomes.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    Foundations in Global

    Supply Chain Management


    Michael Nicholas Rosalinda Popoca
    Anthony Owens Gerelsuren Zorigt
    Dritan Papazisi
    Course Objectives

     Course Objective 1 - Zappos


     Couse Objective 2 - Unilever
     Couse Objective 3 - UPS
     Couse Objective 4 – John Deere
     Couse Objective 5 – Nike Inc.
     Couse Objective 6 – 3M
     Couse Objective 7- Walmart
     Couse Objective 8 – Elkay Manufacturing
     Couse Objective 9 – Coca-Cola
    Course Objective 1 Gerelsuren Zorigt
     Given the importance of operations and supply chain management, substantiate the importance of the

    operational excellence in managing service and product production, recognizing that organization

    structures are now much flatter and are transitioning from functional to customer and product focused.

    (Week 1)

     “The Triple Bottom Line”: People, Planet and Profit

     Social: “Treat everyone with fairness”

     Economic: “Produce or provide an excellent product and services to customers

     Environmental: “Been environmentally responsible and sustainable”


    Course Objective 2 Anthony Owens

     Given a requirement to globally synchronize the movement of material, information and funds, design structural approaches to capture and

    analyze information, develop flexible and sustainable work processes, and ensure organized decisions, changes and improvements.

     What I learned from the course?

     How to work under pressure when your back is against the wall and everything is not going in your favor. I learned that no matter what is going on

    you have to just keep pushing through adversity at all times no matter what issues you face.

     I also learned how many companies conduct their businesses behind closed doors. The research and looking for different ways on how they

    applied the supply chain concepts learned from this class has brought a lot of insight.
    Course Objectives 3 and 4 Michael Nicholas

    Given the global importance of technology across all sectors of the economy, describe the

    importance of electronic commerce with respect to operations and supply chain management,

    and formulate a plan for how lean supply chains and global sourcing can combine to increase

    the revenue of a given firm.

    Given a requirement to determine optimal inventory investment in both manufacturing and

    service environments, justify the role of inventory, analyze its costs and benefits, and develop a

    process to maximize inventory velocity.


    What I Learned and Applications Michael Nicholas
    What did I learn? How would I apply this lesson to my life?

    Importance of keeping up-to-date with • For businesses (competitive, CS, build


    technology relationships, operate smoothly, etc.)
    • My life/career (remain needed, be
    informed, improve knowledge, look
    outside school)
    • Teaching (prepare students, develop
    curriculum)
    A new look at business from an operations • Teaching (better questioning skills, broader
    standpoint knowledge base)
    • Knowledge (possible career opportunities)
    • Entrepreneur (new considerations)
    Examples from Project • Deere - Production line development
    (batch vs. variety)- inventory implications
    • UPS – constantly changing to remain
    relevant; technology improvements yet
    what’s up with Amazon????
    Course Objective 5 Gerelsuren Zorigt

     Given multiple tools and techniques for analyzing and controlling


    the flow of resources—forecasting, capacity planning, queuing
    theory, scheduling, optimization, decision trees, select the
    appropriate technique and apply it to a given problem. (Week 2)

     “Decision Tree”: is a layout to find solution and an understanding


    the problem.
     Applicable for both work and life decisions
    Course Objective 6- Rosa

     Given the relationship between work structures and designing efficient process flows

    recommend how the concepts of capacity analysis, quality management, and Six

    Sigma improve productivity and supply chain efficiency.

     Total quality Management (TQM) – Public Transportation

     Putting the customer first

     Manage and Improve Processes

     Use facts and Data


    Course Objective 7 Anthony owens

     Given the relationship of sharing customer service processes,

    purchasing, manufacturing and distribution systems, recommend

    how operations and supply chain managers can directly contribute

    to improving operations synergies.


    COURSE OBJECTIVE 8 TANI PAPAZISI

    Given approaches for ensuring predictability and repeatability

    in operations and supply chains, discuss the capabilities of

    Master Production Scheduling (MPS) and Material

    Requirements Planning (MRP)

    In Business world planning and teamwork is key for success


    Course Objective 9 - Rosa
     Given and understanding of Logistics and Distribution in supply chains, consider the

    major issues in locating plant and warehouse facilities, use a factor rating systems to

    narrow your selections, and review transportation models to analyze models.

     Selecting a new facility


    1. Identify the important location factors.
    2. Rate each factor according to its relative importance, i.e., higher the ratings is
    indicative of prominent factor.
    3. Assign each location according to the merits of the location for each factor.
    4. Calculate the rating for each location by multiplying factor assigned to each
    location with basic factors considered.
    5. Find the sum of product calculated for each factor and select best location
    having highest total score.

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