CSCP Module 1_Foundations of Supply chain Topic 1: Basic Supply Chain Supply Chain:Global network used to deliver products

and services from raw materials to end customer through an engineer Supply chain cost can be upto 50% of the revenue According to the research done by A.T.kearney , inefficiencies in the supply chain can total 25% of firms operating cost There are 3 main types of supply chain strategy Stable , Reactive and Efficient Reactive Four basic Flows connect the supplier chain entities togther 1)Flow of physcial goods and services 2)Flow of cash 3)Flow of information 4)reverse flow of products returned

Topic 2:SCOR Model SCOR Model is "a process reference model developed and endorsed by a non profit organisation (SCC) as a cross -industry dia It reflects the collective wisdom of years of field-based practices and provides a unique framework that links business process

Topic 4: Supply chain management Objective Supply chain management : the design, planning, execution and monitoring and controlling of supply chain activities with the objective of creating net value , building a competitive infrastructure,leveraging world wide Value Chain:The functions within a company that add values to good and services that the organization sells to The intent of value chain is to increase the value of the product or the service as it passes through the stages of development and distribution before it reaches the customer. The departments that includes are Value Stream:The process of creating , producing and delivering a good or service to market.For a good, the value stream encompasses the raw material supplier,the manufacturer, the assembly of goods and distribution network.For a service,the value stream consists of suppliers, support personnel and technology, the service Value Stream Mapping:Drawing the current production process/flow and then attempting to draw most Key objectives: 1)Add value to customers and stakeholders 2) Improve customer service 3)Effectively use system wide resources4) Efficiently use system wide resources5) Leverage partner strength

Tripple Bottom line by John Elkington, Corporate success should be measured in three dimensions- Financial Topic 5: Supply chain management Benefits 1)Improved market knowledge2)Three Vs- Improved velocity, Increase visibility and reduce variablity3)Integrated operations Bullwhip effect :It is the extreme change in the supply position upstream that is generated by the small change in the deman

er through an engineered flow of information, physical distribution and cash

ms operating cost

as a cross -industry diagnostic tool for supply chain mangement" at links business process,metrics , best practises and teachnology featured in unified structure.

)Integrated operations 4)improved management of Risk5) Increased sustainability ll change in the demand downstream in the Supply chain