How can AI-driven manufacturing processes be designed to minimize environmental impact, optimize resource usage, and align with ESG objectives for sustainable production?
How can AI-driven manufacturing processes be designed to minimize environmental impact, optimize resource usage, and align with ESG objectives for sustainable production?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Transcribed Image Text:Strategol Supply Chain Management Canvas
Plan
Efficiency
(Eliminate or Reduce)
Design
Supply Chain Design
- How many warehouse
and factories should you
have?
- Where should they be located?
-How big should they be?
Supply Chain Analytics
How is your organization
performing?
What did it happen?
What will happen?
How can we make it happen?
Fixed
Assets
- What is your assets turnover?
- What are your bottleneck
operations?
- Outsourcing strategy?
Capital budgeting?
-Should you make a facility
expansion?
Supply Chain Planning
DEMAND PLAN
What is the market plan?
- Product/brand plan?
- Sales plan?
- Sales forecast?
CE
Promotion plan?
Master scheduling plan?
- Capacity plan?
- Purchasing plan?
- Production plan?
-Resource plan?
Inventory plan?
Distribution plan?
-Warehouse plan?
- Transportation plan?
SERP/IT
Material Requirements
Planning (MRP)?
Warehouse Management Sustem
(WMS)?
- Labor Management System (LMS)?
Transportation Management System
(TMS)?
- Supply Chain Optimization
Software?
-Supply Chain Analytics Software?
Inventory
- What to stock
Is your investment too high?
-In what quantities to stock?
- Where to stock?
Credit icons author: https://www.flaticon.com
P
Lean approach vs. stock?
- Reliable & responsive supply chain?
- Are your fill rates too low?
-Safety stock vs. raise service?
- Risk pooling?
Balance Sheet
G
Source & Make
Procurement & Sourcing
- How do you optimize the
purchasing price?
-How do you optimize the
operational costs?
- How do you optimize the
transaction costs?
IBC
What is the classification of your
purchasing materials requirements?
What is the strategic positioning and
action plan?
Manufacturing
- What is the production
environment (MTS, MTO,
etc.) for our products?
What is our production strategy?
Account Payable
What money is owed this
period? What percentage
is past due?
- How quickly is the organization
paying?
- What percentage of accounts is not
meeting terms? What is the value
of overdue accounts?
- Which vendors are problematic?
- What is the average/weighted
average days past due?
Deliver
Warehousing
- What storage systems?
What material handling?
- What putaway strategy?
Which order types?
- What removal strategy?
What picking strategy?
- How do you control inventory?
Transportation
What is the modal mix?
- What is the right packing?
What is the right number of
carriers?
-Should we have our own fleet?
- What is the right fleet size,
equipment mix, and location?
How many routes should we have?
Cost Improvements
-Procurement savings?
- What is the inventory
carrying costs?
-Total fulfilment cost?
- Total supply chain costs?
- Lean waste costs?
- Reverse logistics costs?
- Cost Of Poor Quality (COPQ)?
- What is the cost-to serve?
- What is the supply chain carbon
footprint & GHG emissions?
CUSTOMER
Supply Chain Segmentation
- What is your product or/and
market segmentation?
- What are the segmentation
attributes?
-Efficiency vs. Responsiveness?
Quality & Returns
- What are our differentiated
quality process?
-How are we managing
complaints?
-How do we manage supply chain
risks?
- How do we minimize returns impact?
Service Level Improvement
- How responsive is the
company?
- How flexible?
- How adaptable?
Profit & Loss Account
-
#²
(Create or Raise)
Value
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.