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Definition
positively or negatively affect the performance
of a supply chain.
Frameworks:
1) to be more competitive
2) efficient or responsive.
Responsive - how quickly or in a timely fashion
a company can satisfy consumer demand,
Efficient- how much a company is competent
enough to manage its resources in such a way
that they are able to minimize cost.
Facilities
Inventory
Efficient -reducing the cost of keeping inventory for a longer time period
Transportation
Information
Pull of information:
several sales boy who are given one
outlet and for 365 days
understand the trends, behaviors and
demand pattern of end consumers.
Responsive - estimate that for every
event, demand increase by 30% from
regular stock
10,000-12,000 item for large retail
stores and 1000-4000 for small retail
stores.
SAP- which integrates all business
areas
maintains purchasing, good receiving,
material storage, consumption
planning and inventory level record
for the facilities and warehouse
together
Sourcing
Pricing
Distribution Network
Retail storage with customer pickup
in this option- inventory is stored
locally at retail stores
B2B and B2C
Customers walk into the retail store
and pick it up retail store shelf
3 Steps
Step 1