Description
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- Title Page
- Copyright Page
- About the Authors
- Brief Contents
- Contents
- Preface
- Acknowledgments
- Part I: Creating Value through Operations and Supply Chains
- 1. Introduction to Operations and Supply Chain Management
- Introduction
- 1.1. Why Study Operations and Supply Chain Management?
- Operations Management
- Supply Chain Management
- 1.2. Important Trends
- Agility
- Information Technologies
- People
- 1.3. Operations and Supply Chain Management and You
- Professional Organizations
- Cross-Functional and Interorganizational Linkages
- 1.4. Employability Skills
- Critical Thinking
- Collaboration
- Knowledge Application and Analysis
- Information Technology Application and Computing Skills
- 1.5. Purpose and Organization of This Book
- Chapter Summary
- Key Terms
- Discussion Questions
- Problems
- Case Study
- References
- 2. Operations and Supply Chain Strategies
- Introduction
- 2.1. Elements of the Business
- 2.2. Strategy
- 2.3. Operations and Supply Chain Strategies
- Customer Value
- Four Performance Dimensions
- Trade-Offs among Performance Dimensions
- Order Winners and Order Qualifiers
- Stages of Alignment with the Business Strategy
- Core Competencies in Operations and Supply Chains
- Chapter Summary
- Key Formula
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- Part II: Establishing the Operations Environment
- 3. Process Choice and Layout Decisions in Manufacturing and Services
- Introduction
- 3.1. Manufacturing Processes
- Production Lines and Continuous Flow Manufacturing
- Job Shops
- Batch Manufacturing
- Fixed-Position Layout
- Hybrid Manufacturing Processes
- 3D Printing
- Linking Manufacturing Processes across the Supply Chain
- Selecting a Manufacturing Process
- The Product-Process Matrix
- 3.2. Product Customization within the Supply Chain
- Four Levels of Customization
- The Customization Point
- 3.3. Service Processes
- Service Packages
- Service Customization
- Customer Contact
- Service Positioning
- Services within the Supply Chain
- 3.4. Layout Decision Models
- Line Balancing
- Assigning Department Locations in Functional Layouts
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 4. Business Processes
- Introduction
- 4.1. Business Processes
- Improving Business Processes
- 4.2. Mapping Business Processes
- Process Maps
- Swim Lane Process Maps
- 4.3. Managing and Improving Business Processes
- Measuring Business Process Performance
- Productivity
- Efficiency
- Cycle Time
- Benchmarking
- The Six Sigma Methodology
- Continuous Improvement Tools
- 4.4. Business Process Challenges and the SCOR Model
- How Standardized Should Processes Be?
- Business Process Reengineering (BPR)
- Coordinating Process Management Efforts across the Supply Chain
- The SCOR Model
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 5. Managing Quality
- Introduction
- 5.1. Quality Defined
- 5.2. Total Cost of Quality
- 5.3. Total Quality Management
- TQM and the Six Sigma Methodology
- 5.4. Statistical Quality Control
- Process Capability
- Six Sigma Quality
- Control Charts
- Acceptance Sampling
- Taguchi’s Quality Loss Function
- 5.5. Managing Quality across the Supply Chain
- ISO 9000 Family
- External Failures in the Supply Chain
- Chapter Summary
- Key Formulas
- Key Terms
- Using Excel in Quality Management
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 6. Managing Capacity
- Introduction
- 6.1. Capacity
- Measures of Capacity
- Factors That Affect Capacity
- Supply Chain Considerations
- 6.2. Three Common Capacity Strategies
- 6.3. Methods of Evaluating Capacity Alternatives
- Cost
- Demand Considerations
- Expected Value
- Decision Trees
- Break-Even Analysis
- Learning Curves
- Other Considerations
- 6.4. Understanding and Analyzing Process Capacity
- The Theory of Constraints
- Waiting Line Theory
- Little’s Law
- Chapter Summary
- Key Formulas
- Key Terms
- Using Excel in Capacity Management
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 6S. Advanced Waiting Line Theory and Simulation Modeling
- Introduction
- 6S.1. Alternative Waiting Lines
- Assumptions behind Waiting Line Theory
- Waiting Line Formulas for Three Different Environments
- 6S.2. Simulation Modeling
- Monte Carlo Simulation
- Building and Evaluating Simulation Models with SimQuick
- Supplement Summary
- Discussion Questions
- Problems
- References
- Part III: Establishing Supply Chain Linkages
- 7. Supply Management
- Introduction
- 7.1. Why Supply Management Is Critical
- Global Sourcing
- Financial Impact
- Performance Impact
- 7.2. The Strategic Sourcing Process
- Step 1: Assess Opportunities
- Step 2: Profile Internally and Externally
- Step 3: Develop the Sourcing Strategy
- Step 4: Screen Suppliers and Create Selection Criteria
- Step 5: Conduct Supplier Selection
- Step 6: Negotiate and Implement Agreements
- 7.3. The Procure-to-Pay Cycle
- Ordering
- Follow-Up and Expediting
- Receipt and Inspection
- Settlement and Payment
- Records Maintenance
- 7.4. Trends in Supply Management
- Sustainable Supply
- Supply Chain Disruptions
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 8. Logistics
- Introduction
- 8.1. Why Logistics Is Critical
- 8.2. Logistics Decision Areas
- Transportation
- Selecting a Transportation Mode
- Multimodal Solutions
- Warehousing
- Logistics Information Systems
- Material Handling and Packaging
- Inventory Management
- 8.3. Logistics Strategy
- Owning versus Outsourcing
- Measuring Logistics Performance
- Landed Costs
- Reverse Logistics Systems
- 8.4. Logistics Decision Models
- Weighted Center of Gravity Method
- Optimization Models
- The Assignment Problem
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- Part IV: Planning and Controlling Operations and Supply Chains
- 9. Forecasting
- Introduction
- 9.1. Forecast Types
- Demand Forecasts
- Supply Forecasts
- Price Forecasts
- 9.2. Laws of Forecasting
- Law 1: Forecasts Are Almost Always Wrong (But They Are Still Useful)
- Law 2: Forecasts for the Near Term Tend to Be More Accurate
- Law 3: Forecasts for Groups of Products or Services Tend to Be More Accurate
- Law 4: Forecasts Are No Substitute for Calculated Values
- 9.3. Selecting a Forecasting Method
- 9.4. Qualitative Forecasting Methods
- 9.5. Time Series Forecasting Models
- Last Period
- Moving Average
- Weighted Moving Average
- Exponential Smoothing
- Adjusted Exponential Smoothing
- Linear Regression
- Seasonal Adjustments
- 9.6. Causal Forecasting Models
- Linear Regression
- Multiple Regression
- 9.7. Measures of Forecast Accuracy
- 9.8. Computer-Based Forecasting Packages
- 9.9. Collaborative Planning, Forecasting, and Replenishment (CPFR)
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 10. Sales and Operations Planning (Aggregate Planning)
- Introduction
- 10.1. S&OP in the Planning Cycle
- 10.2. Major Approaches to S&OP
- Top-Down Planning
- Level, Chase, and Mixed Production Plans
- Bottom-Up Planning
- Cash Flow Analysis
- 10.3. Organizing for and Implementing S&OP
- Choosing between Alternative Plans
- Rolling Planning Horizons
- Implementing S&OP in an Organization
- 10.4. Services Considerations
- Making Sales Match Capacity
- Making Capacity Match Sales
- 10.5. Linking S&OP throughout the Supply Chain
- 10.6. Applying Optimization Modeling to S&OP
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 11. Managing Inventory throughout the Supply Chain
- Introduction
- 11.1. The Role of Inventory
- Inventory Types
- Inventory Drivers
- Independent versus Dependent Demand Inventory
- 11.2. Periodic Review Systems
- Restocking Levels
- 11.3. Continuous Review Systems
- The Economic Order Quantity (EOQ)
- Reorder Points and Safety Stock
- Quantity Discounts
- 11.4. Single-Period Inventory Systems
- Target Service Level
- Target Stocking Point
- 11.5. Inventory in the Supply Chain
- The Bullwhip Effect
- Inventory Positioning
- Transportation, Packaging, and Material Handling Considerations
- Chapter Summary
- Key Formulas
- Key Terms
- Using Excel in Inventory Management
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 12. Managing Production across the Supply Chain
- Introduction
- 12.1. Master Scheduling
- The Master Schedule Record
- Using the Master Schedule
- 12.2. Material Requirements Planning
- The MRP Record
- The Advantages of MRP
- Special Considerations in MRP
- 12.3. Production Activity Control and Vendor Order Management Systems
- Job Sequencing
- Monitoring and Tracking Technologies
- 12.4. Synchronizing Planning and Control across the Supply Chain
- Distribution Requirements Planning
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 12S. Supply Chain Information Systems
- Introduction
- 12S.1. Understanding Supply Chain Information Needs
- Differences across Organizational Levels
- Direction of Linkages
- 12S.2. Supply Chain Information Systems
- 12S.3. Trends to Watch
- BPM Tools
- Cloud Computing
- Internet of Things (IoT)
- Supplement Summary
- Key Terms
- Discussion Questions
- References
- 13. JIT/Lean Production
- Introduction
- 13.1. The Lean Perspective on Waste
- 13.2. The Lean Perspective on Inventory
- 13.3. Recent Developments in Lean Thinking
- 13.4. Kanban Systems
- Controlling Inventory Levels Using Kanbans
- Synchronizing the Supply Chain Using Kanbans
- Using MRP and Kanban Together
- Chapter Summary
- Key Formula
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- Part V: Project Management and Product/Service Development
- 14. Managing Projects
- Introduction
- 14.1. The Growing Importance of Project Management
- 14.2. Project Phases
- Concept Phase
- Project Definition Phase
- Planning Phase
- Performance Phase
- Postcompletion Phase
- 14.3. Project Management Tools
- Gantt Charts
- Network Diagrams
- Constructing a Network Diagram
- Crashing a Project
- 14.4. Project Management Software
- 14.5. PMI and the Project Management Body of Knowledge (PMBOK®)
- Chapter Summary
- Key Formulas
- Key Terms
- Solved Problem
- Discussion Questions
- Problems
- Case Study
- References
- 15. Developing Products and Services
- Introduction
- Product Design and the Development Process
- Four Reasons for Developing New Products and Services
- 15.1. Operations and Supply Chain Perspectives on Design
- Repeatability, Testability, and Serviceability
- Production Volumes
- Product Costs
- Match with Existing Capabilities
- 15.2. The Development Process
- A Model of the Development Process
- Sequential Development versus Concurrent Engineering
- 15.3. Organizational Roles in Product and Service Development
- Engineering
- Marketing
- Accounting
- Finance
- Designers
- Purchasing
- Suppliers
- Who Leads?
- 15.4. Approaches to Improving Product and Service Designs
- DMADV (Define–Measure–Analyze–Design– Verify)
- Quality Function Deployment (QFD)
- Computer-Aided Design (CAD) and Computer-Aided Design/Computer-Aided Manufacturing (CAD/CAM)
- The “Design for . . . ” Approaches
- Target Costing and Value Analysis
- Chapter Summary
- Key Terms
- Discussion Questions
- Case Study
- References
- Appendices
- Glossary
- Index