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CSCP Module 1_Foundations of Supply chain

Topic 1: Basic Supply Chain

Supply Chain:Global network used to deliver products and services from raw materials to end customer through a

Supply chain cost can be upto 50% of the revenue

According to the research done by A.T.kearney , inefficiencies in the supply chain can total 25% of firms operating

There are 3 main types of supply chain strategy Stable , Reactive and Efficient Reactiveour asic ows connect t e supp ier c ain entities togt er

1)Flow of physcial goods and services

2)Flow of cash

3)Flow of information 4)reverse flow of products returned

Topic 2:SCOR Model

SCOR Model is "a process reference model developed and endorsed by a non profit organisation (SCC) as a cross -

It reflects the collective wisdom of years of field-based practices and provides a unique framework that links busi

Topic 4: Supply chain management Objective

Supply chain management : the design, planning, execution and monitoring and controlling of supply chain

activities with the objective of creating net value , building a competitive infrastructure,leveraging world wide

Value Chain:The functions within a company that add values to good and services that the organization sells to

The intent of value chain is to increase the value of the product or the service as it passes through the stages of

development and distribution before it reaches the customer. The departments that includes are

Value Stream:The process of creating , producing and delivering a good or service to market.For a good, the

value stream encompasses the raw material supplier,the manufacturer, the assembly of goods and distribution

network.For a service,the value stream consists of suppliers, support personnel and technology, the service

Value Stream Mapping:Drawing the current production process/flow and then attempting to draw most

Key objectives: 1)Add value to customers and stakeholders 2) Improve customer service 3)Effectively use system

wide resources4) Efficiently use system wide resources5) Leverage partner strength

Tripple Bottom line by John Elkington, Corporate success should be measured in three dimensions- Financial

Topic 5: Supply chain management Benefits

1)Improved market knowledge2)Three Vs- Improved velocity, Increase visibility and reduce variablity3)Integrated

Bullwhip effect :It is the extreme change in the supply position upstream that is generated by the small change in

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n engineered flow of information, physical distribution and cash

cost

industry diagnostic tool for supply chain mangement"

ess process,metrics , best practises and teachnology featured in unified structure.

operations 4)improved management of Risk5) Increased sustainability

the demand downstream in the Supply chain