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MGT613 - Production / Operations Management - Lecture Handout 40

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Related Content: MGT613 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Production & Operations Management

SUPPLY CHAIN MANAGEMENT-I

Learning Objective

In this lecture we will focus on certain important parameters of Supply Chain Management. We will discuss the Supply Chain Operational Reference Metrics and Collaborative Planning Forecasting and Replenishment Process, which would help us analyze the Supply chains. This would also help us an operation manager to design effective supply chains. We will try to understand the concepts of Velocity and Bullwhip effect and how they pose a serious challenge to the effectiveness of the Supply Chain.

Supply Chain Operational Reference (SCOR) Metrics

Perspective Metrics
Reliability On-time delivery
Order fulfillment lead time
Fill rate (fraction of demand met from
stock)
Perfect order fulfillment
Flexibility Supply chain response time
Upside production flexibility
Agility to obtain competitiveness
Expenses Supply chain management costs
Warranty cost as a percent of revenue
Value added per employee
Assets/utilization Total inventory days of supply
Cash-to-cash cycle time
Net asset turns

Supply chain response time often makes or breaks a supply chain.

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CS605 - Software Engineering II - Lecture Handout 31

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Software Safety

Software Safety is a software SQA activity that focuses on identification of potential hazards that may affect software negatively and cause an entire system to fail. Modeling and analysis process is conducted as part of software safety and hazards are identified and categorized by criticality and risk.

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