Managing uncertainty in supply chain safety inventory

Supply Chain Project

This assignment is a project for supply chain methods. The subject for this project is WALMART company. The project needed to have an introduction about Walmart and what is the supply chain method that they are using such as, Walmart strategic Planning, Warehouses, Transportation, Pull/ push method, Suppliers, Online services, Customer satisfaction, Forecasting, inventory, Revenue, etc. Please see the course chapters to know what is important factors that you need to writer it about it (it is in the page 2). Also, you have to write a conclusion in the end. The project need to have minimum 10 pages with Times 12 and Line space 1.5. Every point that you need to talk about should be in general no need for details. The project should have a references if you have got an information for any website. The reference page is not part should be not count from the 10 pages. I would prefer that the one who is going to do the homework be knowledge about supply chain. The due date is November 12, 20,17, if you submitted before this date it would perfect. Please don’t offer to have this project unless you know how to do it.

Chapter 1 UNDERSTANDING THE SUPPLY CHAIN 1

1.1 What Is a Supply Chain? 1

1.2 The Objective of a Supply Chain 3

1.3 The Importance of Supply Chain Decisions 5

1.4 Decision Phases in a Supply Chain

1.5 Process Views of a Supply Chain

1.6 Examples of Supply Chains 13

1.7 Summary of Learning Objectives

Chapter 2 SUPPLY CHAIN PERFORMANCE: ACHIEVING STRATEGIC FIT AND SCOPE 19

2.1 Competitive and Supply Chain Strategies 19

2.2 Achieving Strategic Fit 21

2.3 Expanding Strategic Scope 31

2.4 Challenges to Achieving and Maintaining Strategic Fit 34

2.5 Summary of Learning Objectives 35 Discussion Questions 36 36

Chapter 3 SUPPLY CHAIN DRIVERS AND METRICS 40

3.1 Financial Measures of Performance 40

3.2 Drivers of Supply Chain Performance 44

3.3 Framework for Structuring Drivers 46

3.4 Facilities 47

3.5 Inventory 49

3.6 Transportation 52

3.7 Information 53

3.8 Sourcing 56 3.9 Pricing 57 3.10 Summary of Learning Objectives 59

Chapter 4 DESIGNING DISTRIBUTION NETWORKS AND APPLICATIONS TO ONLINE SALES 69

4.1 The Role of Distribution in the Supply Chain 69

4.2 Factors Influencing Distribution Network Design 71

4.3 Design Options for a Distribution Network 74

4.4 Online Sales and the Distribution Network 87

4.5 Distribution Networks in Practice 100

4.6 Summary of Learning Objectives 101

Chapter 5 NETWORK DESIGN IN THE SUPPLY CHAIN 108

5.1 The Role of Network Design in the Supply Chain 108

5.2 Factors Influencing Network Design Decisions 109

5.3 Framework for Network Design Decisions 114

5.4 Models for Facility Location and Capacity Allocation 116

5.5 Making Network Design Decisions in Practice 132

Chapter 6 DESIGNING GLOBAL SUPPLY CHAIN NETWORKS

6.1 The Impact of Globalization on Supply Chain Networks 142

6.2 The Offshoring Decision: Total Cost 144

6.3 Risk Management in Global Supply Chains 147

6.4 Discounted Cash Flows 151

6.5 Evaluating Network Design Decisions Using Decision Trees 153

6.6 To Onshore or Offshore: Evaluation of Global Supply Chain Design Decisions Under Uncertainty 160

6.7 Making Global Supply Chain Design Decisions Under Uncertainty in Practice 168

6.8 Summary of Learning Objectives 169

Planning and Coordinating Demand and Supply in a Supply Chain

Chapter 7 DEMAND FORECASTING IN A SUPPLY CHAIN 7.1 The Role of Forecasting in a Supply Chain 177 7.2 Characteristics of Forecasts 178

7.3 Components of a Forecast and Forecasting Methods 179

7.5 Time-Series Forecasting Methods 182

7.6 Measures of Forecast Error 192

7.8 Forecasting Demand at Tahoe Salt 197

7.9 The Role of IT in Forecasting 202

7.10 Forecasting in Practice 203

7.11 Summary of Learning Objectives 204

Chapter 8 AGGREGATE PLANNING IN A SUPPLY CHAIN 209

8.1 The Role of Aggregate Planning in a Supply Chain 209

8.2 The Aggregate Planning Problem 211

8.3 Aggregate Planning Strategies 213

8.4 Aggregate Planning at Red Tomato Tools 214

8.5 Aggregate Planning Using Linear Programming 215

8.6 Aggregate Planning in Excel 220

8.8 The Role of IT in Aggregate Planning 225

8.9 Implementing Aggregate Planning in Practice 225

8.10 Summary of Learning Objectives 226

Chapter 9 SALES AND OPERATIONS PLANNING: PLANNING SUPPLY

AND DEMAND IN A SUPPLY CHAIN

9.1 Responding to Predictable Variability in the Supply Chain 231

9.2 Managing Supply 232

9.3 Managing Demand 234

9.4 Sales and Operations Planning at Red Tomato 235

9.5 Implementing Sales and Operations Planning in Practice 241

9.6 Summary of Learning Objectives 242

Chapter 10 COORDINATION IN A SUPPLY CHAIN 248

10.2 The Effect on Performance of Lack of Coordination 250 10.3 Obstacles to Coordination in a Supply Chain 252 10.4 Managerial Levers to Achieve Coordination 256 10.5 Continuous Replenishment and Vendor-Managed Inventories 261

10.6 Collaborative Planning, Forecasting, and Replenishment 261

10.7 Achieving Coordination in Practice 265

10.8 Summary of Learning Objectives 266

Discussion Questions 267 267

Planning and Managing Inventories in a Supply Chain

Chapter 11 MANAGING ECONOMIES OF SCALE IN A SUPPLY CHAIN: CYCLE INVENTORY 268

11.1 The Role of Cycle Inventory in a Supply Chain 268

11.2 Estimating Cycle Inventory-Related Costs in Practice 271

11.3 Economies of Scale to Exploit Fixed Costs 273

11.4 Aggregating Multiple Products in a Single Order 278

11.5 Economies of Scale to Exploit Quantity Discounts 286

11.6 Short-Term Discounting: Trade Promotions 297

11.7 Managing Multiechelon Cycle Inventory 302

11.8 Summary of Learning Objectives 305 Discussion Questions 306

Chapter 12 MANAGING UNCERTAINTY IN A SUPPLY CHAIN: SAFETY INVENTORY 314

12.1 The Role of Safety Inventory in a Supply Chain 314

12.2 Factors Affecting the Level of Safety Inventory 316

12.3 Determining the Appropriate Level of Safety Inventory 318

12.4 Impact of Supply Uncertainty on Safety Inventory 327

12.5 Impact of Aggregation on Safety Inventory 330

12.6 Impact of Replenishment Policies on Safety Inventory 342

12.7 Managing Safety Inventory in a Multiechelon Supply Chain 346

12.8 The Role of IT in Inventory Management 346

12.9 Estimating and Managing Safety Inventory in Practice 347

12.10 Summary of Learning Objectives 348

Discussion Questions 349 349 353

The Normal Distribution 357 358

Expected Shortage per Replenishment Cycle 358 Evaluating Safety Inventory for Slow-Moving Items 359

Chapter 13 DETERMINING THE OPTIMAL LEVEL OF PRODUCT AVAILABILITY 361

13.1 The Importance of the Level of Product Availability 361 13.2 Factors Affecting Optimal Level of Product Availability 362 Designing and Planning Transportation Networks

13.3 Managerial Levers to Improve Supply Chain Profitability 372

13.4 Setting Product Availability for Multiple Products Under Capacity Constraints 386

13.5 Setting Optimal Levels of Product Availability in Practice 389

13.6 Summary of Learning Objectives 389

Discussion Questions 390 390 392

Chapter 14 TRANSPORTATION IN A SUPPLY CHAIN 400

14.1 The Role of Transportation in a Supply Chain 400

14.2 Modes of Transportation and Their Performance Characteristics 402

14.3 Transportation Infrastructure and Policies 406

14.4 Design Options for a Transportation Network 409

14.5 Mumbai Dabbawalas: A Highly Responsive Distribution Network 415

14.6 Trade-Offs in Transportation Design 416

14.7 Tailored Transportation 425

14.8 The Role of IT in Transportation 427

14.9 Making Transportation Decisions in Practice 427

14.10 Summary of Learning Objectives 428

Selecting Transportation Modes for China Imports 432

Managing Cross-Functional Drivers in a Supply Chain

Chapter 15 SOURCING DECISIONS IN A SUPPLY CHAIN 433

15.1 The Role of Sourcing in a Supply Chain 433

15.2 In-House or Outsource? 435

15.3 Examples of Successful Third-Party Suppliers 441 15.4 Total Cost of Ownership 443 15.5 Supplier Selection—Auctions and Negotiations 446 15.6 Sharing Risk and Reward in the Supply Chain 15.7 The Impact of Incentives When Outsourcing 459

15.8 Designing a Sourcing Portfolio: Tailored Sourcing 461

15.9 Making Sourcing Decisions in Practice 463

15.10 Summary of Learning Objectives 464

Chapter 16 PRICING AND REVENUE MANAGEMENT IN A SUPPLY CHAIN

Chapter 17 Sustainability and the Supply Chain