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Lernmaterialien für Strategic Supply Chain Management an der ETHZ - ETH Zurich

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Strategic Supply Chain Management Kurs an der ETHZ - ETH Zurich zu.

TESTE DEIN WISSEN

Name 2 types of Competitive Strategy.

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TESTE DEIN WISSEN

1. Cost Leadership: I compete on (lowest) cost on the market
2. Differentiation: I compete on superior customer value/quality/technological leadership

Lösung ausblenden
TESTE DEIN WISSEN

Characterize Industry 4.0

(2, 3)

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TESTE DEIN WISSEN

= Digital Technologies for advanced Automation & Optimization of manufacturing technologies.

- Technology bundle (several small technologies working together - share & communicate data)
- Cyber-physical systems

  • M2M communication -> autonomous decentralized decision-making
  • Software-supported products & systems: IoT & Smart factory (where M2M talking)
  • Interacting effects from social, cloud, mobile & big data
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TESTE DEIN WISSEN

How does Sourcing relate to the Competitive Strategy?

(3)

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TESTE DEIN WISSEN

Critical for total SC profitability! (often outsourced -> supplier performance influences firm's performance)

Trade-off: Responsiveness vs. Efficiency -> increase SC profits

  • Responsiveness: High quality, speed, flexibility (supplier integration), customer must pay for it
  • Efficiency: Sufficient quality & cost (supplier pooling, economies of scale), customer want low price
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TESTE DEIN WISSEN

Simplified, how can Strategic Fit be achieved?

(3)

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TESTE DEIN WISSEN

1. Understanding SDU (supply & demand uncertainty)
2. Understanding the Supply Chain
3. Achieve Strategic Fit

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TESTE DEIN WISSEN

What are some advantages (functions) of having intermediaries?

(11)

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TESTE DEIN WISSEN

= Entities in SC that help to distribute a manufacturer's products & may add value to it

  • Reduce #channel transactions (9->6)
  • Physical Distribution: store & move product from supplier -> customer, i.e. by presentation in store, taking inventoryy off company, ... (evaluated: Customer Service & Cost of Customer Service)
  • Information
  • Promotion (special discounts)
  • Managing contact with customers
  • Negotiation (with customer: price, delivery time, ...)
  • Matching (find interested customer & bring him in)
  • Financing (electronics, media markt offers financing for your PC, ...)
  • Risk Taking (selling risk off to retailer by selling certain #inventory -> new ownership of products)
Possibly faciliate online vs. in-store distribution channels!

Drawback: they take part of the margin (less profit)


Lösung ausblenden
TESTE DEIN WISSEN

What are the Assumptions of the EOQ model?

(6)

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TESTE DEIN WISSEN

= Economic Order Quantity: Find Q that minimizes TC(Q)!

  • Instant production (no capacity constraint)
  • Immediate delivery (no lag time)
  • Deterministic demand ( no uncertainty)
  • Constant demand over time
  • Production run / order -> constant setup cost (S)
  • Single analysis (& repair) of products possible

Lösung ausblenden
TESTE DEIN WISSEN

What is supply chain management?

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TESTE DEIN WISSEN

Processes & Activities that are involved in Purchasing, Conversion and all logistic & distribution activities (+ coordination with channel partners)

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TESTE DEIN WISSEN
Name some examples on how IT and SCM can be combined.

(7)
Lösung anzeigen
TESTE DEIN WISSEN

  • Platforms (split up job for dumb parts between suppliers -> less risks)
  • Sharing information
  • Communication with suppliers
  • Data Collection (knowing/optimizing financials) -> monetary monitoring
  • Data for predicting demand (demand planning/forecasting)
  • Blockchain
  • Automation
Lösung ausblenden
TESTE DEIN WISSEN

Explain the functions within the focal firm where SCM is involved.

(5)

Lösung anzeigen
TESTE DEIN WISSEN

Intra-organizational entities:

  • Operations (management): Processes to effectively produce/transform & deliver a product/service 
  • Marketing & Sales: Where should SC be? growing markets! (influence on internal SC - how much of a product is produced where)
  • Service: Important for profitability (spare part supply, after-sales support)
  • Finance: Cash-to-cash cycle, Inventory, Taxes, hedging (place more of my production line into country X to reduce exchange rate risks!)
  • R&D: Not directly a SC function, but important interfaces (purchasing of materials integrated into R&D, DESIGN influences downstream part of SC -> easier, low resource)
Lösung ausblenden
TESTE DEIN WISSEN

Why should companies invest into Digital Supply Chain Initiatives​? Go ahead and name some benefits of combining SC & IT investments.

​(2, 4)​​​

Lösung anzeigen
TESTE DEIN WISSEN
  • IT still growing heavily in all regions
  • SC has been neglected for a long time (lots of catching up to do!) -> fits well with IT!
Benefits:
  • Saving costs (labor & power through automation)
  • Increase revenues (i.e. higher customization)
  • Increase in quality (higher precision by robots)
  • Support new business models -> customer-centered
Lösung ausblenden
TESTE DEIN WISSEN

Characterize Big Data.

(5)

Lösung anzeigen
TESTE DEIN WISSEN

Everything we do leaves a digital trace -> can be stored & analyzed by modern technology!

  • Volume (huge data amounts)
  • Variety (various formats)
  • Velocity (frequently updated data)
  • Veracity (data quality)
Lösung ausblenden
TESTE DEIN WISSEN

How could Blockchain be extended?

(5)

Lösung anzeigen
TESTE DEIN WISSEN

Smart contracts!
-> Computer code running on top of a blockchain containing a set of rules under which the parties agreed to interact. If the rules are met, the agreement is automatically enforced.

- Faciliates, verifies & enforces execution of transaction
- Trusted & Tamperproof
- Decentralized automation (simplest form) -> pricing is also built into the blockchain

Lösung ausblenden
  • 101222 Karteikarten
  • 1803 Studierende
  • 88 Lernmaterialien

Beispielhafte Karteikarten für deinen Strategic Supply Chain Management Kurs an der ETHZ - ETH Zurich - von Kommilitonen auf StudySmarter erstellt!

Q:

Name 2 types of Competitive Strategy.

A:

1. Cost Leadership: I compete on (lowest) cost on the market
2. Differentiation: I compete on superior customer value/quality/technological leadership

Q:

Characterize Industry 4.0

(2, 3)

A:

= Digital Technologies for advanced Automation & Optimization of manufacturing technologies.

- Technology bundle (several small technologies working together - share & communicate data)
- Cyber-physical systems

  • M2M communication -> autonomous decentralized decision-making
  • Software-supported products & systems: IoT & Smart factory (where M2M talking)
  • Interacting effects from social, cloud, mobile & big data
Q:

How does Sourcing relate to the Competitive Strategy?

(3)

A:

Critical for total SC profitability! (often outsourced -> supplier performance influences firm's performance)

Trade-off: Responsiveness vs. Efficiency -> increase SC profits

  • Responsiveness: High quality, speed, flexibility (supplier integration), customer must pay for it
  • Efficiency: Sufficient quality & cost (supplier pooling, economies of scale), customer want low price
Q:

Simplified, how can Strategic Fit be achieved?

(3)

A:

1. Understanding SDU (supply & demand uncertainty)
2. Understanding the Supply Chain
3. Achieve Strategic Fit

Q:

What are some advantages (functions) of having intermediaries?

(11)

A:

= Entities in SC that help to distribute a manufacturer's products & may add value to it

  • Reduce #channel transactions (9->6)
  • Physical Distribution: store & move product from supplier -> customer, i.e. by presentation in store, taking inventoryy off company, ... (evaluated: Customer Service & Cost of Customer Service)
  • Information
  • Promotion (special discounts)
  • Managing contact with customers
  • Negotiation (with customer: price, delivery time, ...)
  • Matching (find interested customer & bring him in)
  • Financing (electronics, media markt offers financing for your PC, ...)
  • Risk Taking (selling risk off to retailer by selling certain #inventory -> new ownership of products)
Possibly faciliate online vs. in-store distribution channels!

Drawback: they take part of the margin (less profit)


Mehr Karteikarten anzeigen
Q:

What are the Assumptions of the EOQ model?

(6)

A:

= Economic Order Quantity: Find Q that minimizes TC(Q)!

  • Instant production (no capacity constraint)
  • Immediate delivery (no lag time)
  • Deterministic demand ( no uncertainty)
  • Constant demand over time
  • Production run / order -> constant setup cost (S)
  • Single analysis (& repair) of products possible

Q:

What is supply chain management?

A:

Processes & Activities that are involved in Purchasing, Conversion and all logistic & distribution activities (+ coordination with channel partners)

Q:
Name some examples on how IT and SCM can be combined.

(7)
A:

  • Platforms (split up job for dumb parts between suppliers -> less risks)
  • Sharing information
  • Communication with suppliers
  • Data Collection (knowing/optimizing financials) -> monetary monitoring
  • Data for predicting demand (demand planning/forecasting)
  • Blockchain
  • Automation
Q:

Explain the functions within the focal firm where SCM is involved.

(5)

A:

Intra-organizational entities:

  • Operations (management): Processes to effectively produce/transform & deliver a product/service 
  • Marketing & Sales: Where should SC be? growing markets! (influence on internal SC - how much of a product is produced where)
  • Service: Important for profitability (spare part supply, after-sales support)
  • Finance: Cash-to-cash cycle, Inventory, Taxes, hedging (place more of my production line into country X to reduce exchange rate risks!)
  • R&D: Not directly a SC function, but important interfaces (purchasing of materials integrated into R&D, DESIGN influences downstream part of SC -> easier, low resource)
Q:

Why should companies invest into Digital Supply Chain Initiatives​? Go ahead and name some benefits of combining SC & IT investments.

​(2, 4)​​​

A:
  • IT still growing heavily in all regions
  • SC has been neglected for a long time (lots of catching up to do!) -> fits well with IT!
Benefits:
  • Saving costs (labor & power through automation)
  • Increase revenues (i.e. higher customization)
  • Increase in quality (higher precision by robots)
  • Support new business models -> customer-centered
Q:

Characterize Big Data.

(5)

A:

Everything we do leaves a digital trace -> can be stored & analyzed by modern technology!

  • Volume (huge data amounts)
  • Variety (various formats)
  • Velocity (frequently updated data)
  • Veracity (data quality)
Q:

How could Blockchain be extended?

(5)

A:

Smart contracts!
-> Computer code running on top of a blockchain containing a set of rules under which the parties agreed to interact. If the rules are met, the agreement is automatically enforced.

- Faciliates, verifies & enforces execution of transaction
- Trusted & Tamperproof
- Decentralized automation (simplest form) -> pricing is also built into the blockchain

Strategic Supply Chain Management

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