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a:5:{s:8:"template";s:3561:"<!DOCTYPE html> <html lang="en"> <head> <meta content="width=device-width, initial-scale=1.0" name="viewport"> <meta charset="utf-8"> <title>{{ keyword }}</title> <style rel="stylesheet" type="text/css">body,div,footer,header,html,p,span{border:0;outline:0;font-size:100%;vertical-align:baseline;background:0 0;margin:0;padding:0}a{text-decoration:none;font-size:100%;vertical-align:baseline;background:0 0;margin:0;padding:0}footer,header{display:block} .left{float:left}.clear{clear:both}a{text-decoration:none}.wrp{margin:0 auto;width:1080px} html{font-size:100%;height:100%;min-height:100%}body{background:#fbfbfb;font-family:Lato,arial;font-size:16px;margin:0;overflow-x:hidden}.flex-cnt{overflow:hidden}body,html{overflow-x:hidden}.spr{height:25px}p{line-height:1.35em;word-wrap:break-word}#floating_menu{width:100%;z-index:101;-webkit-transition:all,.2s,linear;-moz-transition:all,.2s,linear;transition:all,.2s,linear}#floating_menu header{-webkit-transition:all,.2s,ease-out;-moz-transition:all,.2s,ease-out;transition:all,.2s,ease-out;padding:9px 0}#floating_menu[data-float=float-fixed]{-webkit-transition:all,.2s,linear;-moz-transition:all,.2s,linear;transition:all,.2s,linear}#floating_menu[data-float=float-fixed] #text_logo{-webkit-transition:all,.2s,linear;-moz-transition:all,.2s,linear;transition:all,.2s,linear}header{box-shadow:0 1px 4px #dfdddd;background:#fff;padding:9px 0}header .hmn{border-radius:5px;background:#7bc143;display:none;height:26px;width:26px}header{display:block;text-align:center}header:before{content:'';display:inline-block;height:100%;margin-right:-.25em;vertical-align:bottom}header #head_wrp{display:inline-block;vertical-align:bottom}header .side_logo .h-i{display:table;width:100%}header .side_logo #text_logo{text-align:left}header .side_logo #text_logo{display:table-cell;float:none}header .side_logo #text_logo{vertical-align:middle}#text_logo{font-size:32px;line-height:50px}#text_logo.green a{color:#7bc143}footer{color:#efefef;background:#2a2a2c;margin-top:50px;padding:45px 0 20px 0}footer .credits{font-size:.7692307692em;color:#c5c5c5!important;margin-top:10px;text-align:center}@media only screen and (max-width:1080px){.wrp{width:900px}}@media only screen and (max-width:940px){.wrp{width:700px}}@media only screen and (min-width:0px) and (max-width:768px){header{position:relative}header .hmn{cursor:pointer;clear:right;display:block;float:right;margin-top:10px}header #head_wrp{display:block}header .side_logo #text_logo{display:block;float:left}}@media only screen and (max-width:768px){.wrp{width:490px}}@media only screen and (max-width:540px){.wrp{width:340px}}@media only screen and (max-width:380px){.wrp{width:300px}footer{color:#fff;background:#2a2a2c;margin-top:50px;padding:45px 0 20px 0}}@media only screen and (max-width:768px){header .hmn{bottom:0;float:none;margin:auto;position:absolute;right:10px;top:0}header #head_wrp{min-height:30px}}</style> </head> <body class="custom-background"> <div class="flex-cnt"> <div data-float="float-fixed" id="floating_menu"> <header class="" style=""> <div class="wrp side_logo" id="head_wrp"> <div class="h-i"> <div class="green " id="text_logo"> <a href="{{ KEYWORDBYINDEX-ANCHOR 0 }}">{{ KEYWORDBYINDEX 0 }}</a> </div> <span class="hmn left"></span> <div class="clear"></div> </div> </div> </header> </div> <div class="wrp cnt"> <div class="spr"></div> {{ text }} </div> </div> <div class="clear"></div> <footer> <div class="wrp cnt"> {{ links }} <div class="clear"></div> <p class="credits"> {{ keyword }} 2022</p> </div> </footer> </body> </html>";s:4:"text";s:20766:"we'd like to possess a decent understanding concerni View the full answer Explain which ofthe six has the highest potential to increase both efficiency andresponsiveness. It's TrueSAP Thrives in Managing Multi-Source Environments. Inventory Devise a distribution strategy. Students will be able to develop a supply chain strategy to conform to the corporate competitive strategy, supply chain logistical drivers, facilities, inventory and transportation, cross functional drivers, information, sourcing and pricing. How does the order uncertainty change from Customer Order Cycle to Procurement Cycle? About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . The supply chain is . Information sharing & co-ordination. Comments (0) Answer & Explanation. c) List two differences between responsive and efficient supply chain. Pricing & managing revenue. % An effective supply-chain risk-management governance mechanism is a cross-functional risk board with participants representing every node of the value chain. It typically includes line managers who double-hat as risk owners for their function, giving them ownership of risk identification and mitigation. a) List cross functional drivers of supply chain performance b) There are four cycles in the cycle view of supply chain process. . Planning and managing procurement in a supply chain; Managing cross-functional drivers in a supply chain; Requirements Earn a minimum of 120 Academic Credits Including 15 Academic . Facilities are key drivers of supply chain performance in terms of responsiveness and efficiency (Chopra and Meindl, 2007, p49). Videos on Logistical Drivers can be found here:Facilities Driver: https://www.youtube.com/watch?v=t8BVaWL0nZ0&t=147s=====. % New - The link between supply chain decisions and the financial performance of a firm has been developed in detail in Chapter 3. Job detailsSalary from $80,000 a year job type fulltimeQualificationsUs work authorization (preferred)Full job descriptionSummary:We are looking for a selfstarting, detailoriented, communicative and strategically minded senior financial analyst to support our cfo (and interim coo) as well as the company's growing finance needsThe senior financial analyst`s responsibilities include assisting . This assumes that a corporate HR function manages career paths for supply-chain talent, with cross-functional job rotations and mentorship programs that allow professionals to develop . Comprehensively discuss each of the cross functional drivers of the supply chain There square measure some offer chain drivers that square measure accountable for the performance of an offer chain. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . c) List two differences between responsive and efficient supply chain. Mahmud Atta. The . Integrated: in this phase the parties of supply . Hence, the importance of maintaining an efficient supply chain is very important. But recently people are more interest about blockchain technology due to popularity of "bitcoin" and "cryptocurrency". With an increasing number of risks to the Supply Chain, there is a need to rethink the process fundamentals and cross-functional communication needed to enhance . Presentation Transcript. "Sustainable Fashion Supply Chain: Lessons from H&M". It reduces product decay while improving the customer service. IKEA has a clear vision supported by complementary cross-functional logic. Although supply chain management is a diverse topic, here in this article we compiled the 5 most effective ways to improve supply chain efficiency. These components are as follows, Push versus pull. List the three main supply chain logistical drivers and thethree main supply chain cross-functional drivers. Inventory Cost of holding Availability 2. constitute strategic fit: (1) the customer's expectation, which is the main building block of. Answer to Solved QUESTION 2 [20] Comprehensively discuss each of the. How a supply chain design is developed based on a competitive business strategy; The relationships between global supply chain cross functional and logistic drivers that include information systems, strategic sourcing, inventory management and warehousing. All these are now done in a coordinated manner to improve efficiency, reduce costs and improve customer experience. This problem has been solved! Production The performance of the supply chain is very much dependent on a production like, what is produced, how it is produced (the manufacturing process used), and when it has to be produced. Cross-functional drivers have become increasingly important in raising the supply chain surplus in recent years. The cross-functional and cross-enterprise collaboration will become easy when all stakeholders are looking at the same . Sourcing 6. Those who are interested in logistics and supply chain management in its broadest sense. Cross-functional integration and modularity are two major improvements that can be implemented to address these issues; Cross-functional integration will be required to improve the efficiency of an organization's supply chain. Reaching Across Functional Boundaries. Facilities Consolidation / Dedicated Proximity / Flexibility . The factors that affect the decision to outsource a supply chain function. Drivers of Supply Chain Performance To understand how company can improve supply chain performance in terms of responsiveness and efficiency, it must examine the logistical and cross functional drivers of the SC. Oracle Fusion Analytics is designed with a common cross- functional framework to empower managers, decision-makers, and front-line workers to connect the dots with their colleagues in other functions and eliminate siloed visibility and sub-optimal decision-making. Transportation Consolidation Speed 3. How a supply chain design is developed based on a competitive business strategy; The relationships between global supply chain cross functional and logistic drivers that include information systems, strategic sourcing, inventory management and warehousing. However, the company, which is the largest Coca-Cola bottler in the United States, has found that taking a holistic approach to supply chain decision making has helped it weather the storm. Leading firms now see the supply chain functional leader as the executive to coordinate the end-to end supply chain process - even though this individual does not control it all. SCM is complex, and S&OP . Supply chain. . See the answer . Boobalan 2 June 2011 at 10:46 . Learning outcomes. The fundamental Issues of sales and operations planning - S&OP. Oracle Fusion SCM Analytics (Supply Chain Management) is a prebuilt cloud-native . It begins with a customer order; it is followed by procedures depending on the organisation and finishing with a final product. The supply chain strategy determines how the supply chain should perform with respect to efficiency and responsiveness. Teaming leverages organisational resources while utilising the expertise of team members. See answer below. Drivers of supply chain performance management are as facilities, logistic management, transportation, inventory management, information distribution, pricing and sourcing. we'd like to possess a decent understanding concerni hi in the logistics drivers the facilities, inventory, and transportation these all are related to logistics activities and which are driving the entire supply chain, so these are grouped under teh logistics drivers. 3. Supply chains connect companies and cut across the silos within a company. Adapts the supply chain configuration to align with the key business drivers (how do we win) for each key business area and hence optimize costs, service and working capital for each commercial strategy element. Inventory Convenience: Cycle inventory No customer buys eggs one by one Unstable demand: Seasonal inventory Bathing suits Xmas toys and computer sales . Although many organizations have somewhat improved their cross-functional communications and operations within the Supply Chain, many activities still exist in functional silos. Coordinate and close out all quarter end activities by cob on last day of the quarter. Healthcare Supply Chain Management. Oct 28, 2020 - Explore Muhammad Sayeed's board "About Cross functional drivers in a supply chain" on Pinterest. Driven by the promise of low material, manufacturing and labor costs, and advanced by the desire to penetrate emerging markets, companies have been testing the waters of offshore supply since the 1980's. . Cross-functional buying teams are essentially teams of specialists from user departments and buyers who are put together to develop specific sourcing strategies and plans, which improvement efforts are focused on integration and harmonisation of the purchasing processes across different business units (Van Weele, 2010). Supply Chain Management: Strategy, Planning, and Operation introduces high-level strategy and concepts while giving students the practical tools necessary to solve supply chain problems. How does the order uncertainty change from Customer Order Cycle to Procurement Cycle? Talent availability is a main driver for the location of supply-chain roles, but talent needs nurturing. In addition cross functional drivers such as sourcing decision and pricing. We offer tips, tools and supply chain industry information. The broader field of supply chain management can help an organization plant seeds for long-term financial stability. Tags: Management of Cross-Functional Drivers in a Supply Chain. Invest in Quality Human Resources. Cross-functional integration (CFI) is central to supply chain theory and practice. Information is data about facilities, inventory, transportation, costs, prices and customers throughout the supply chain, also gives shipping option to managers. This text uses case studies to illustrate how companies are successfully using the key drivers of a supply chain, providing students with practical managerial levels and concepts that may be used to improve supply chain performance. . The movement and integration . Because of that added dimension of cross-functional, cross-company coordination, senior supply chain executives must possess a number of unique characteristics and . Explain which ofthe six has the highest potential to increase both efficiency andresponsiveness. Reference : Chopra, S., Meindl, P., & Kalra, D. V. (2013). (2014). . . Managing cross-functional supply chain projects . A supply chain project team might include people from business development, customer services, shipping, receiving, manufacturing, information technology, accounting, and human resources. The supply chain must then use the three logistical and three crossfunctional drivers to reach the performance level the supply chain strategy dictates and maximize the supply chain profits. Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, China. The goal of digital transformation in supply chain planning is to create a Digital Twin that is the digital replica of the supply chain, . Expert Answer 100% (1 rating) Comprehensively discuss each of the cross functional drivers of the supply chain There square measure some offer chain drivers that square measure accountable for the performance of an offer chain. As a result, supply chain projects commonly involve team members from many functions. Cross-Functional: Information, Sourcing, Pricing For example, a product development team with industry, market research, user interface design, visual design, engineering, marketing, finance, manufacturing and supply chain related . List the three main supply chain logistical drivers and thethree main supply chain cross-functional drivers. Decisions made about how each driver operates will determine the blend of responsiveness and efficiency a supply chain is capable of achieving. A good distribution strategy is integral to the supplier management framework. A strategic framework identifies the key drivers of supply chain performance, including facilities, inventory, transportation, information, sourcing, and pricing. When users contact purchasing with a specific need, we say that purchasing is operating in a reactive manner. As a result, supply chain projects commonly involve team members from many functions. POSITION SUMMARY The Director of Continuous Improvement Supply Chain is responsible for Continuous Improvement activities within the supply chain group ESSENTIAL DUTIES AND RESPONSIBILITIES Develop and execute a continuous improvement plan aimed at improving supply chain efficiency In conjunction with the team create a management operating . International Procurement: Highlights on some essential FOB incoterms. the "competitive strategy" of a SC and (2) the SC's . Post navigation. Responsive supply chain of French wine and the essential colour lipstick . COGS reduction. The key components of information as a driver of supply chain, which have to be analysed by managers thoroughly before taking any decision. 2. This means changing supply chain functions from order-taking cost centers into drivers of profit and competitive differentiation. Mohamed Effat. Coca-Cola Bottling Co. Consolidated has faced a whole host of unforeseen challenges during the past 18 months as the pandemic wreaked havoc with the national economy. Create A Cross-Functional Team. SCM consists of the materials information and funds that will flow within the process in order to provide a lower cost and high degree final product to the customer/consumer. The Supply Chain Index is a composite metric, measuring a company's improvement on balance, strength and resiliency factors within a peer group for a given time period across a portfolio of . Best practices for driving shareholder value through supply chain optimization can be easily implemented in any company for concrete results. Drivers of Supply Chain The major drivers of Supply chain performance consists of three logistical drivers & three cross-functional drivers. The supply chain operations reference (SCOR) model is designed to evaluate your supply chain for effectiveness and efficiency of sales and operational planning (S&OP). This may be delivered by various routes including procurement, portfolio rationalization or . The joint program will include all facets of the supply chain management enterprise as well as those from business. There are two main elements that. Technology. 7 comments Anonymous 31 May 2011 at 08:08 very good. Solved by verified expert. Drivers of Supply Chain How to achieve Efficiency Responsiveness Supply chain structure Logistical Drivers 1. Using a strategic framework, students are guided through all of the key drivers of supply chain performance, including facilities . How can the full set of logistical and cross-functional drivers be used to create strategic fit for a cell phone manufacturer targeting both time-sensitive and price-conscious customers? Supply chains connect companies and cut across the silos within a company. Supply chain management. Considerations for Supply Chain Drivers Driver Efficiency Responsiveness 1. 1. On which supply chain drivers should a firm trying to shrink its cash-to-cash cycle focus? A 'cross-functional team' refers to a group of individuals "from various organisational functions who are brought together to achieve clear, worthwhile, and compelling goals that could not be reached without a team. These strategies have made IKEA the world's most successful furniture retailer with low operating costs and high product demand. Create and keep weekly supply matrix to sales published demand numbers. All these functions together form the supply chain. In addition, researchers have only recently begun to explore the impact of workplace behaviors on CFI and supply . Facilities Cross- Functional Drivers 4. As dedicated SAP supply chain experts we are happy to share our insights and perspectives. The focus here may be on depth and diversity of talent. Procurement, storing, and delivery is the functions of supply chain management. OUTLINE Drivers of supply chain performance A framework for structuring drivers Facilities Inventory Transportation Information Sourcing Pricing Obstacles to achieving fit DRIVERS OF SUPPLY CHAIN Facilities places where inventory is stored, assembled, or fabricated production sites and storage sites Inventory raw materials, WIP, finished goods within a supply chain . In any businesses, the human factor is the most common denominator. so what are cross functional drivers? The management of these functions is called supply chain management, and it is critical for every . Posted on 05/05/2021 by HKT. Managing cross-functional supply chain projects . Moreover, with many companies eliminating the COO position, the door is open for operations executives to play a larger role in shaping corporate strategy. IllinoisJobLink.com is a web-based job-matching and labor market information system. Bitcoin and cryptocurrency works with the avail of blockchain technology. This allows the company to stay competitive in the industry as it continually seeks more advanced methods to streamline supply chain management. To get context the organization requires cross-functional execution, information and financial visibility . Cross-Functional Sourcing Teams. What are the Drivers of Supply Chain Management These drivers of the supply chain are discussed in the following paragraphs: 1. Supply Chain Management Akshay Mehta. LEARN more. Supply Chain Drivers. A supply chain's performance in terms of responsiveness and efficiency is based on the interaction between the following logistical and cross-functional drivers of supply chain performance: facilities, inventory, transportation, information, sourcing, and pricing. These driver interact with each other to determine the SC performance in terms of responsiveness and . Information is a cross-functional driver and consists of data and analysis concerning facilities, inventory, transportation, costs, prices, and customers throughout the supply chain. LEARN more. experience; developing solutions for strategic, cross-functional problems/issues that must be solved to scale the business and offer a compelling customer experience with new or existing tools; and partnering cross-functionally with Product Management, Engineering, Merchandising, and other groups. Inventory 2. The Supply Chain Management major is designed to provide its graduates with knowledge of SCM and the ability to apply this knowledge to real-world problems. Part VIManaging Cross-Functional Drivers in a Supply Chain . Functional areas such as sales, marketing, finance, and operations traditionally specialize in portions of the planning activities, which results in conflicts over expectations, preferences, and priorities. Engineering & Technology Industrial Engineering Supply Chain Management. 2. Forecasting & proper planning. Lead cross functional teams to understand the key drivers of demand and replenishment, promotions, new product introduction launches, existing product extensions, and seasonality. Pricing. However, researchers have yet to settled on a consistent definition or measure of CFI, creating confusion over its conceptual content and making it difficult to validate given operationalizations. Location of each product production facility is very different. pricing is the primary determinant of selling services and goods after they are manufactured in the supply chain. Rev up Your Warehouse Throughput With Master Data Alignment. Cross-functional teams for research & development, product development and other innovation functions. 1. The dimensions of supplier performance that affect total cost. In most organizations, supply chain planning is a cross-functional effort. The cross-functional drivers include pricing, sourcing, and information and are the critical determinants of the supply chain performance (Glgeci et al., 2019). The five drivers are illustrated in the diagram below: 1. A supply chain project team might include people from business development, customer services, shipping, receiving, manufacturing, information technology, accounting, and human resources. Explain cross functional drivers and how each plays a role for Imtiaz Super Store to be efficient. 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