The traditional retail model. Most expensive for facility costs, but minimizes shipping costs. Optimization Models for Network Design
Cycle Inventory: Average inventory used to satisfy demand between receipts of supplier shipments. The traditional retail model
For professionals or educators creating or using complete, new presentations based on the 7th edition layout, follow this standard structural flow: Module / Chapter Presentation Core Topics Key Quantitative Formulas & Models For professionals or educators creating or using complete,
Maintain a constant workforce but vary utilization through overtime and flexible hours. (Low inventory, medium capacity costs). speculative)
| Part | Focus Area | Key Topics | | :--- | :--- | :--- | | | Building a Strategic Framework | Understanding the Supply Chain; Achieving Strategic Fit; Supply Chain Drivers and Metrics | | II | Designing the Supply Chain Network | Distribution Networks; Network Design; Global Supply Chains | | III | Planning and Coordinating Demand and Supply | Demand Forecasting; Aggregate Planning; S&OP; Coordination | | IV | Planning and Managing Inventories | Cycle Inventory (Economies of Scale); Safety Inventory (Managing Uncertainty); Product Availability | | V | Designing and Planning Transportation Networks | Transportation in a Supply Chain | | VI | Managing Cross-Functional Drivers | Sourcing Decisions; Pricing and Revenue Management; Sustainability | | VII | Online Chapter | Information Technology in a Supply Chain |
: Cycles (interfaces between stages) and Push/Pull (reactive vs. speculative). Chapter 2: Achieving Strategic Fit Strategic Fit
Deciding between in-house execution (insourcing) versus third-party vendors (outsourcing) based on core competencies and cost structures.