ERP, RFID, Blockchain, and Advanced Analytics. 5. Sourcing
Chopra stresses that sourcing decisions must look beyond the purchase price. TCO includes acquisition costs, ownership costs (inventory, quality control), and post-ownership costs (warranty, environmental disposal).
The physical locations where product is stored, assembled, or fabricated. ERP, RFID, Blockchain, and Advanced Analytics
Chopra organizes the logistics and cross-functional framework of SCM around six key drivers. These drivers interact to determine the balance between responsiveness and efficiency. Logistical Drivers 1. Facilities
Evaluate the implied demand uncertainty. Innovative products (like high-end electronics) have high uncertainty, while functional products (like basic groceries) have low uncertainty. These drivers interact to determine the balance between
provides a comprehensive framework for understanding how to design, plan, and operate a supply chain to maximize profit and competitive advantage
How much a firm will charge for the goods and services it makes available. Pricing affects customer demand patterns. 3. Designing the Supply Chain Network and networks). Cross-Functional Drivers:
The isn’t just for students. Professionals use it for:
A full semester course covers 2-3 chapters per week. The 7th edition PPT condenses 40-page chapters into ~25 slides each, extracting only the learning objectives tested in CAPS (Certified Analytics Professional) or CSCP exams.
The moving of inventory from point to point (modes, routes, and networks). Cross-Functional Drivers: