Supply Chain giugno-25 Flashcards

(47 cards)

1
Q

What is a Supply Chain?

A

Network of organizations that transform raw materials into finished goods and deliver them to the final customer.

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2
Q

Define Supply Chain Management.

A

Planning coordination and control of material information and financial flows across the supply-chain network.

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3
Q

What are the three SC flows?

A
  • Material flow
  • Information flow
  • Money flow
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4
Q

What is the typical range of SC logistics cost as a percentage of national GDP?

A

Usually ranges from eight to fifteen percent.

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5
Q

What does SCOR stand for?

A

Supply Chain Operations Reference model.

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6
Q

What are the five components of the SCOR model?

A
  • Plan
  • Source
  • Make
  • Deliver
  • Return
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7
Q

What are the four planning questions in supply chain management?

A
  • What to make
  • How much
  • Where
  • When
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8
Q

Why is supply chain planning critical?

A

Because of uncertainty, constraints, complexity, and the need for optimisation.

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9
Q

Give examples of external demand uncertainty.

A
  • Volatile customer orders
  • Late supplier deliveries
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10
Q

What does the U-C matrix proxy represent?

A

Number of constraints such as suppliers, products, or BOM depth.

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11
Q

What is the focus of the low U-C quadrant?

A

Emphasis on mathematical optimisation of cost and service.

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12
Q

What are the two Fisher product categories?

A
  • Functional products
  • Innovative products
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13
Q

What are the traits of functional products?

A
  • Predictable demand
  • Long life-cycle
  • Low margins
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14
Q

What is the functional strategy in supply chain management?

A

Lean physically efficient supply chain.

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15
Q

What are the traits of innovative products?

A
  • Unpredictable demand
  • Short life-cycle
  • High margins
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16
Q

What is the innovative strategy in supply chain management?

A

Responsive agile supply chain.

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17
Q

What are innovative design choices in supply chain?

A
  • Hold excess capacity
  • Keep inventory near markets
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18
Q

What do the Hau Lee axes represent?

A

Process stability versus demand variability.

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19
Q

List the types of supply chains according to Hau Lee.

A
  • Lean
  • Responsive
  • Risk-Hedging
  • Agile
20
Q

What characterizes a Responsive SC?

A

High demand variability with stable processes.

21
Q

What characterizes an Agile SC?

A

High variability both upstream and downstream requiring flexibility and risk sharing.

22
Q

What are the implications of global versus local supply chains?

A
  • Longer lead times and multimodal transport
  • Added customs and regulatory complexity
23
Q

Define offshoring.

A

Relocating production or sourcing to low-cost foreign countries.

24
Q

Define reshoring.

A

Bringing previously offshored production back home.

25
What are the GSCM archetypes?
Seven canonical global supply chain templates.
26
What is the focus of a Low-Cost SC?
Focus on cost minimisation via low-cost country production.
27
What is a Clone SC?
Replicates small local chains each serving its regional market.
28
What is a Focused Factory SC?
Specialised world-scale plants serving one or few product families.
29
What is the Octopus SC model?
Central innovation hub with global tentacles for sourcing and distribution.
30
What is the low-cost challenge in supply chains?
Maintaining service levels despite long lead times.
31
What percentage of manufacturing revenues do purchases typically equal?
Roughly sixty to eighty percent.
32
What is procurement leverage?
One percent saving in purchase cost boosts profit more than one percent extra sales.
33
What are the drivers for outsourcing?
* Flexibility * Access to innovation * Broader variety * Lower non-core investment
34
What happened to Indesit in China in 2005?
Example of Low-Cost supply chain.
35
What led to the closure of Indesit in 2009?
Could not meet EU service levels and underestimated total landed cost.
36
What is the Candy model in China?
Clone model joint venture for China plus outsourcing to Europe.
37
What type of supply chain does Zara represent?
Responsive moving toward Agile for innovative lines.
38
What issue did Luxottica face?
Synchronising global production and distribution to fast fashion demand.
39
What complexity did Mediamarket encounter?
Wide range and very long supplier lead times.
40
What is the bullwhip effect?
Amplification of demand variability upstream.
41
What is the first fix for the bullwhip effect?
Share point-of-sale data for transparency.
42
What is the second fix for the bullwhip effect?
Reduce physical and information lead times.
43
What does Total Cost of Ownership evaluate?
All costs production transport duties risks in sourcing decisions.
44
What is a Lean KPI?
Unit cost per product.
45
What is an Agile KPI?
Order to delivery lead time or OTIF within twenty-four hours.
46
What is the goal of Risk-Hedging?
Mitigate supply interruption or variability risks.
47
What is the Scale economies archetype?
Focused Factory Supply Chain best exploits scale and experience on limited product families.