Week 11

Supply Chain Management (SCM)

SCM includes all the stakeholders involved in the movement of raw materials and product
Information flow among each stage in the stage
SCM makes business effective in the way that a raw product goes from the distributor and upstream to the suppliers’ supplier via the manufacturer, or in the other way, from the manufacturer to the customer’s customer via a retailer.

Supply Chain Components needs to monitor:
Plan – Source – Manufacture – Deliver – Returns

IT in Supply Chain Management
Integrates the processes using networking, hardware and software

Group Assignments
Hot Chocolate: Strategic plan for flexible SCM
Alpha 222: Levi Strauss and SCM. Wal-Mart is the pioneer to SCM system and they have a very strict SCM. A cross-functional team of key managers transformed Levi Strauss system to meet the Wal-Mart requirements.
Lucky #7: Finding Shelf Space at Wal-Mart. Again, this group mentions how good Wal-Mart’s SCM is. It is the world’s largest retailer and they use IT as a tool to create highly-sophisticated SC. They also talked about the seven principles of SCM.
The Bugs: Reinvent a new product using SCM. This was a difficult task since almost everything is going online. However we came up with fresh organic fruit to the customers.

After the group presentations we saw a video that Sabrina found on YouTube about Supply Chain Management. This video aimed to show how effective SCM can be and make business more efficient. The video was posted by The Supply Chain Company.

The groups went together to find positive and negative outcomes about SCM

Positive effects of SCM
Decrease of Cost
Loss of Jobs
Decrease of Pollution and Good for the Environment
Negative effects of SCM
Too much information sharing. Ex: Wal-Mart have too much information about the supplier
Effective and Efficiency (focus on the right things)
Technology might be too expencive