7.0 Learning Outcomes
Learning Outcomes
At the end of this chapter, students will be able to:
- Explain the fundamental concepts of supply chain management and its significance in fulfilling customer demands efficiently.
- Explain the material/goods flow, cash flow, and information flow within a supply chain and discuss their significance in maintaining efficient operations.
- Identify and explain the four key elements of supply chain management: supply management, internal operations management, distribution management, and integration management.
- Analyze different supply chain design strategies and assess how companies balance efficiency and responsiveness based on customer needs.
- Evaluate various inventory management practices and justify the reasons for maintaining different types of inventory within a supply chain.
- Compare different modes of transportation and discuss how companies choose the most appropriate mode for various types of shipments.
- Explain the role of technologies such as EDI, barcodes, QR systems, and RFID in enhancing supply chain operations and improving data capture and inventory management.
- Discuss collaborative practices like Vendor Managed Inventory (VMI) and Collaborative Planning Forecasting and Replenishment (CPFR) and their benefits for optimizing supply chain performance.
- Identify and explain the elements of socially responsible supply chain management by embracing ethically, socially, and environmentally sustainable practices along with economic gain.
“7.0 Learning Outcomes” from Fundamentals of Operations Management by Azim Abbas and Seyed Goosheh is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.
