Which company initiates the integration of various firms' activities in a supply chain?
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The Channel Master
What functions does the master production schedule perform in the manufacturing
planning system?
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It forms the link between production planning and what the manufacturing
will actually build.
- breaks down the production plan into requirements for individual end
items by date and quantity
,What are the four major factors affecting firms' operations?
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Economy:
- Recession & customer spending, Supply shortage & surplus, Populations
Government:
- Environment & safety, Product Liability, Taxation
Global Competition:
- Reduced trade barriers, reduced transportation cost, reduced
communication barriers
Demanding Customers:
- Cheaper prices, Better Quality, More Innovation, Faster delivery,
Improved pre/post - sale services
What are the pros and cons of using a chase strategy?
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Pros:
- inventory can be kept to a minimum, avoiding carrying costs (only option
for certain businesses)
Cons:
-costs of changing production levels can be high
Define mass customization and explain three strategies to implement it.
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, Mass Customization:
- firms processes generate a wide variety of customized services of
products at reasonably low-cost
1. Postponement:
Some of the final activities in the provision of a service or product are
delayed until orders are received (dying of shirts)
2. Modular Design:
separating a product that has an integrated design into multiple
independent standardized modules that can be assembled into the finished
products (build-a-bear).
3. Channel Assembly:
using members of the distribution channel as if they were assembly stations
in the factory. (Printers)
[Quantitative] Measuring ATP along with MPS and projected available balance
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Question 4-6 - problem set 3
Make-to-stock, MPS focal points
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- Limited End Products
- Manty raw materials - MPS is done on the end products
Slushy Zone
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Give this one a try later!
The Channel Master
What functions does the master production schedule perform in the manufacturing
planning system?
Give this one a try later!
It forms the link between production planning and what the manufacturing
will actually build.
- breaks down the production plan into requirements for individual end
items by date and quantity
,What are the four major factors affecting firms' operations?
Give this one a try later!
Economy:
- Recession & customer spending, Supply shortage & surplus, Populations
Government:
- Environment & safety, Product Liability, Taxation
Global Competition:
- Reduced trade barriers, reduced transportation cost, reduced
communication barriers
Demanding Customers:
- Cheaper prices, Better Quality, More Innovation, Faster delivery,
Improved pre/post - sale services
What are the pros and cons of using a chase strategy?
Give this one a try later!
Pros:
- inventory can be kept to a minimum, avoiding carrying costs (only option
for certain businesses)
Cons:
-costs of changing production levels can be high
Define mass customization and explain three strategies to implement it.
Give this one a try later!
, Mass Customization:
- firms processes generate a wide variety of customized services of
products at reasonably low-cost
1. Postponement:
Some of the final activities in the provision of a service or product are
delayed until orders are received (dying of shirts)
2. Modular Design:
separating a product that has an integrated design into multiple
independent standardized modules that can be assembled into the finished
products (build-a-bear).
3. Channel Assembly:
using members of the distribution channel as if they were assembly stations
in the factory. (Printers)
[Quantitative] Measuring ATP along with MPS and projected available balance
Give this one a try later!
Question 4-6 - problem set 3
Make-to-stock, MPS focal points
Give this one a try later!
- Limited End Products
- Manty raw materials - MPS is done on the end products
Slushy Zone
Give this one a try later!