Based on the gasoline supply chain case study, how much money are the Local Retail Stores paying each year to store the extra fuel? Assume Q is the average daily consumption (55.9 million gallons). Approximately $140,000 Approximately $140 million Approximately $14 million Approximately $1.4 million Supply Chain Management Every day. HP delivers 13 million inkjet cartridges, 110.000 printers, 75.000 personal computer systems, and 3.500 servers. The company spend almost $50 billion, or 6 of its revenue on supply chain activities (Collier & Evans 2015) Optome the supply chain has a direct effect on which a cts to stock price and overall profitability Sotty four percent of revenue is a very large amount So, where does this money po? s Alth t There above shows all of the steps ved Supply Chain Mannhis proces way there is work in process and finished that the web por half of the proces On the side of the day s the order information and in there will also be material returns ce damaged phones) that must flow back to the ma r Key Supply Chain Concepts s e s the d ay reaches the the flow back the pla b le sens de c e l a available to customer reasonable cost Distribution Centers - available to customers Warehouses that act as intermedianes between factories and customers, shipping directly to customers or to retail stores were products are made Efficient supply chains - are designed for efficiency and low cost by minimiring inventory and maximiring efficiencies in process flow. Inventory-refers to raw materials, work in process, or finished goods that are maintained to support production or satisfy customer demands Postponement - is the process of delaying product customization until the product is closer to the customer at the end of the supply chain Pull system produces only what is needed at upstream ages in the supply chain in response to customer demand signals from downstream stages Puth - produces poods in advance of customer demand using a forecast of sales and moves them through the supply chain to points of sale, where they are stored as finished goods inventory Responsive supply chain focus on flexibility and responsive service and are able to react quickly to change market demand and requirement Reverse logistics - refers to managing the flow of finished proods, materials or components that may be able or discarded through the supply chain from customers toward either suppliers, distributors, or manufacturers for the purpose of use or dispoul Third Party Logistics (PL) providers-integrate rvices that matt include pa t warehousing i ntory manament, and transportation Vendor Marged forventory (VMD is where the vendet mo d mai ory for the The MCOR Model The Supply Chain Operations Reference (SCOR) Models framework for understanding the scope of supply chain management (SCM that is based on five base functions involved in managing supply chain Plan source, make deliver and return plans for the pain This inclu d es and they can w ww.diveries that The SCOR Model The Supply Chain Operations Reference (SCOR) Model is a framework for understanding the scope of supply chain management (SCM) that is based on five basic functions involved in managing supply chain Plan, source, make deliver and return Develop plans for the e r atace resources with regrets and tables and communicates wpply chai This includes marament policies and the wply chain Source Procesos vices to meet and actual demand This includes identified lecting suppliers, chandeliers with paymen t o To beds d ete work in pri to meet dead. The des productie pada de mettre at distribution centers and in the This includes the a k APCS SCOM Ref Oude 12 and the level of detail that must be As franceses be allowed He followed to successful manage Supply Cha Supply Chains in Action The United States con 391 w on alles in each day. We will that people in the car This means that approximately 559 million als we canned each day during normal conditions. A simple ce per week and that could hapes a of the opply chain ny day of the week shown in the Based on the gasoline supply chain case study, how much money are the Local Retail Stores paying each year to store the extra fuel? Assume Q is the average daily consumption (55.9 million gallons). Approximately $140,000 Approximately $140 million Approximately $14 million Approximately $1.4 million Supply Chain Management Every day. HP delivers 13 million inkjet cartridges, 110.000 printers, 75.000 personal computer systems, and 3.500 servers. The company spend almost $50 billion, or 6 of its revenue on supply chain activities (Collier & Evans 2015) Optome the supply chain has a direct effect on which a cts to stock price and overall profitability Sotty four percent of revenue is a very large amount So, where does this money po? s Alth t There above shows all of the steps ved Supply Chain Mannhis proces way there is work in process and finished that the web por half of the proces On the side of the day s the order information and in there will also be material returns ce damaged phones) that must flow back to the ma r Key Supply Chain Concepts s e s the d ay reaches the the flow back the pla b le sens de c e l a available to customer reasonable cost Distribution Centers - available to customers Warehouses that act as intermedianes between factories and customers, shipping directly to customers or to retail stores were products are made Efficient supply chains - are designed for efficiency and low cost by minimiring inventory and maximiring efficiencies in process flow. Inventory-refers to raw materials, work in process, or finished goods that are maintained to support production or satisfy customer demands Postponement - is the process of delaying product customization until the product is closer to the customer at the end of the supply chain Pull system produces only what is needed at upstream ages in the supply chain in response to customer demand signals from downstream stages Puth - produces poods in advance of customer demand using a forecast of sales and moves them through the supply chain to points of sale, where they are stored as finished goods inventory Responsive supply chain focus on flexibility and responsive service and are able to react quickly to change market demand and requirement Reverse logistics - refers to managing the flow of finished proods, materials or components that may be able or discarded through the supply chain from customers toward either suppliers, distributors, or manufacturers for the purpose of use or dispoul Third Party Logistics (PL) providers-integrate rvices that matt include pa t warehousing i ntory manament, and transportation Vendor Marged forventory (VMD is where the vendet mo d mai ory for the The MCOR Model The Supply Chain Operations Reference (SCOR) Models framework for understanding the scope of supply chain management (SCM that is based on five base functions involved in managing supply chain Plan source, make deliver and return plans for the pain This inclu d es and they can w ww.diveries that The SCOR Model The Supply Chain Operations Reference (SCOR) Model is a framework for understanding the scope of supply chain management (SCM) that is based on five basic functions involved in managing supply chain Plan, source, make deliver and return Develop plans for the e r atace resources with regrets and tables and communicates wpply chai This includes marament policies and the wply chain Source Procesos vices to meet and actual demand This includes identified lecting suppliers, chandeliers with paymen t o To beds d ete work in pri to meet dead. The des productie pada de mettre at distribution centers and in the This includes the a k APCS SCOM Ref Oude 12 and the level of detail that must be As franceses be allowed He followed to successful manage Supply Cha Supply Chains in Action The United States con 391 w on alles in each day. We will that people in the car This means that approximately 559 million als we canned each day during normal conditions. A simple ce per week and that could hapes a of the opply chain ny day of the week shown in the