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\cf0\par\pard\li2973\ri0\sl-360\slmult0 \fs20\cf0\f0\charscalex100 {IE 780N-Supp ly Chain Management-Fall 2001}\par\pard\li4013\ri0\sl-226\slmult0 \fs18\cf0\f0\c harscalex100 {IMfgE at Wichita state University}\par\pard\li3386\ri0\sl-240\slmu lt0 \fs18\cf0\f0\charscalex100 {Paper # 1- The Concepts of Supply Chain}\par\par d\li5520\ri0\sl-226\slmult0 \fs18\cf0\f0\charscalex100 {Chou, Keng-Li}\par\pard\ li0\ri0\sl-320\slmult0 \fs28\cf0\f0\charscalex100\b {THE CONCEPTS OF SUPPLY CHAI N}\b0 \par\pard\sect\sectd\sbknone\pard\li1133\ri0\sl-426\slmult0 \fs24\cf0\f0\c harscalex100\i {Supply chain management (SCM) is a hot topic today. Many compani es are implementing}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charsca lex100\i {SCM in an effort to increase profits and customer satisfaction. The fi rst article discusses}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\chars calex100\i {SCM as the strategy through which the integration of the various nod es along the supply}\i0 \par\pard\li1133\ri0\sl-266\slmult0 \fs22\cf0\f0\charsca lex100\i {chain can be achieved. The second article describes several guidelines that supply chain}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charscal ex100\i {managers should follow in order to achieve SCM success. The third artic le describes the}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex 100\i {types of information shared: inventory, sales, demand forecast, order sta tus, and}\i0 \par\pard\li1133\ri0\sl-266\slmult0 \fs22\cf0\f0\charscalex100\i {p roduction schedule. The article also discusses how and why this information is s hared}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100\i {usin g industry examples and relating them to academic research. This paper presents the}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100\i {result s of the analysis of three articles that describe SCM and its basic concepts as well}\i0 \par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100\i {as ad vances in information system technology for the evolution of supply chain}\i0 \p ar\pard\li1133\ri0\sl-266\slmult0 \fs24\cf0\f0\charscalex100\i {management.}\i0 \par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-2 80\slmult0 \fs28\cf0\f0\charscalex100\b {INTRODUCTION:}\b0 \par\pard\li1853\ri0\ sl-213\slmult0 \fs18\cf0\par\pard\li1853\ri0\sl-320\slmult0 \fs22\cf0\f0\charsca lex100 {Supply chain management is a complicated topic in modern industry today. Many}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {firms are implementing supply chain management in an effort to raise profits and}\par\pard \li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {customer satisfaction. Af ter I read these articles, I developed a more detailed}\par\pard\li1133\ri0\sl-4 13\slmult0 \fs22\cf0\f0\charscalex100 {understanding of what supply chain manage ment is and why it is needed. Also, from}\par\pard\li1133\ri0\sl-413\slmult0 \fs 22\cf0\f0\charscalex100 {glancing at the various section headings of these three articles, I developed some specific}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\c f0\f0\charscalex100 {expectations for each of the three articles.}\par\pard\li18 53\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {From the article, \uc1\u8220XA n Introduction to Supply Chain Management\uc1\u8221X[1], I expected}\par\pard\li 1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {to learn more about the deci sions involved in supply chain management and the models}\par\pard\li1133\ri0\sl -413\slmult0 \fs22\cf0\f0\charscalex100 {used to aid in making these decisions. From the article, \uc1\u8220XDefining Supply Chain}\par\pard\li1133\ri0\sl-413\s lmult0 \fs22\cf0\f0\charscalex100 {Management: A Historical Perspective and Prac tical Guidelines\uc1\u8221X[2], I expected to gain}\par\pard\li1133\ri0\sl-413\s lmult0 \fs22\cf0\f0\charscalex100 {knowledge on how supply chain management got started and how to effectively manage}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\ cf0\f0\charscalex100 {the supply chain. From the article, \uc1\u8220XInformation Sharing in a Supply Chain\uc1\u8221X [3], I}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {expected to learn how to study information sharing in the specific context of global}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\ f0\charscalex100 {supply chain management. Finally, from this paper I expected t o obtain more in-depth}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscal ex100 {knowledge of the supply chain management implement in the modern industry .}\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmul t0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl

-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-360\slmult0 \fs20\cf0\f0\charscale x100 {1}\par\pard\sect\sectd\sbknone\pard\sect\sectd\sbkpage\pgwsxn12240\pghsxn1 5840\marglsxn666\margrsxn133\margtsxn666\margbsxn173\pard\li1493\ri0\sl-213\slmu lt0 \fs18\cf0\par\pard\li1493\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1493\ri0\s l-213\slmult0 \fs18\cf0\par\pard\li1493\ri0\sl-400\slmult0 \fs24\cf0\f0\charscal ex100\b {Article 1}\b0 \fs24\cf0\f0\charscalex100 {, entitled \uc1\u8220XAn Intr oduction to Supply Chain Management\uc1\u8221X [1], describes}\par\pard\li1133\r i0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {SCM as the strategy through which the integration of the various nodes along the supply}\par\pard\li1133\ri0\sl-41 3\slmult0 \fs22\cf0\f0\charscalex100 {chain can be achieved. Examples of such no des include the marketing, distribution,}\par\pard\li1133\ri0\sl-413\slmult0 \fs 22\cf0\f0\charscalex100 {planning, manufacturing and purchasing departments of a firm, as well as those of the}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\ charscalex100 {firm\uc1\u8217Xs suppliers, their suppliers\uc1\u8217X providers, and the firm\uc1\u8217Xs customers, all the way to the}\par\pard\li1133\ri0\sl413\slmult0 \fs22\cf0\f0\charscalex100 {end user. Traditionally, each of these n odes would locally optimize their own processes,}\par\pard\li1133\ri0\sl-413\slm ult0 \fs22\cf0\f0\charscalex100 {usually at the expense of the entire chain due to conflicting objectives of each of these}\par\pard\li1133\ri0\sl-413\slmult0 \ fs24\cf0\f0\charscalex100 {nodes along the chain.}\par\pard\li1493\ri0\sl-413\sl mult0 \fs22\cf0\f0\charscalex100 {The article then describes the decisions invol ved in SCM. These decisions can be}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0 \f0\charscalex100 {classified as either strategic or operational, and can be gro uped into four major areas.}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\cha rscalex100 {These four areas include location decisions, production decisions, i nventory decisions,}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex1 00 {and transportation decisions. Location decisions involve deciding where to l ocate}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {facilities , and are primarily strategic.}\par\pard\li1560\ri0\sl-413\slmult0 \fs24\cf0\f0\ charscalex100 {Production decisions include scheduling and quality control, oper ations and strategic}\par\pard\li1133\ri0\sl-426\slmult0 \fs24\cf0\f0\charscalex 100 {plans for what to and where to produce, and the optimal flow of products. I nventory}\par\pard\li1133\ri0\sl-400\slmult0 \fs24\cf0\f0\charscalex100 {decisio ns are usually viewed as being at the operational level, and include whether to use}\par\pard\li1133\ri0\sl-426\slmult0 \fs24\cf0\f0\charscalex100 {a push or pu ll system, as well as determining the optimal inventory control policies for}\pa r\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {stocking location. These decisions involve the classical tradeoff between inventory}\par\pard\li113 3\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {carrying costs and service leve ls. Transportation decisions involve selecting the mode of}\par\pard\li1133\ri0\ sl-413\slmult0 \fs24\cf0\f0\charscalex100 {transport, and optimal shipment sizes and routes. Considering transportation made to be}\par\pard\li1133\ri0\sl-413\s lmult0 \fs24\cf0\f0\charscalex100 {uncertain.}\par\pard\li1493\ri0\sl-413\slmult 0 \fs24\cf0\f0\charscalex100 {Supply chain models can be grouped into three area s: \uc1\u8220XNetwork Design, \uc1\u8216XRough Cut\uc1\u8217X}\par\pard\li1133\r i0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {methods, and simulation based meth ods\uc1\u8221X [1]. Network design methods help in making}\par\pard\li1133\ri0\s l-413\slmult0 \fs24\cf0\f0\charscalex100 {strategic decisions, such as determini ng locations for the facilities along the chain, as well}\par\pard\li1133\ri0\sl -413\slmult0 \fs24\cf0\f0\charscalex100 {as the flow of products through the cha in, and are usually used at the outset, when the}\par\pard\li1133\ri0\sl-413\slm ult0 \fs24\cf0\f0\charscalex100 {supply chain is still being designed. Rough-cut methods are more general, and deal with}\par\pard\li1133\ri0\sl-413\slmult0 \fs 24\cf0\f0\charscalex100 {operational decisions, in particular inventory manageme nt.}\par\pard\li1493\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {The papers p resenting several such models are provided. A major limitation of studies}\par\p ard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {in these methods is th at they usually do not take the production view into consideration,}\par\pard\li 1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {and that they are not really representative of what actually goes on in industry.}\par\pard\li5400\ri0\sl-21

3\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400 \ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\p ard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-346\slmult0 \fs20 \cf0\f0\charscalex100 {2}\par\pard\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\ma rglsxn666\margrsxn133\margtsxn666\margbsxn173\pard\li1493\ri0\sl-213\slmult0 \fs 18\cf0\par\pard\li1493\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1493\ri0\sl-213\s lmult0 \fs18\cf0\par\pard\li1493\ri0\sl-400\slmult0 \fs24\cf0\f0\charscalex100 { The last area, simulation based methods, can be used for both strategic and}\par \pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {operational decision s. The article provides an overview of the fundamental concepts of}\par\pard\li1 133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {SCM, and it has done a good j ob in this regard. I somewhat recommend this paper to}\par\pard\li1133\ri0\sl-41 3\slmult0 \fs24\cf0\f0\charscalex100 {anyone wanting a basic introduction to sup ply chain management.}\par\pard\li1493\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1 493\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1493\ri0\sl-400\slmult0 \fs22\cf0\f0 \charscalex100\b {Article 2}\b0 \fs22\cf0\f0\charscalex100 {, entitled \uc1\u822 0XDefining Supply Chain Management: A Historical Perspective}\par\pard\li1133\ri 0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {and Practical Guidelines\uc1\u8221X [2], describes that SCM is the streamlining of supply chain}\par\pard\li1133\ri 0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {activities, providing links between internal and external partners. Management of each}\par\pard\li1133\ri0\sl-413\ slmult0 \fs22\cf0\f0\charscalex100 {node within the chain is not enough. In orde r for SCM to be effective, the entire chain}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {must be viewed as a system, with managers of compani es and departments along the}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\ch arscalex100 {chain working together for the good of the entire chain.}\par\pard\ li1493\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {There are several reasons behind the increased interest in the management of supply}\par\pard\li1133\ri0\s l-413\slmult0 \fs24\cf0\f0\charscalex100 {chains in the 1990s. Firstly, companie s have been moving away from vertical integration,}\par\pard\li1133\ri0\sl-413\s lmult0 \fs24\cf0\f0\charscalex100 {and moving towards specialization, thus havin g the need to deal with, and rely on, more}\par\pard\li1133\ri0\sl-426\slmult0 \ fs24\cf0\f0\charscalex100 {outside sources. Secondly, increased competition, bot h nationally and internationally, has}\par\pard\li1133\ri0\sl-400\slmult0 \fs24\ cf0\f0\charscalex100 {resulted in customers having more choices, so it is impera tive that a firm is able to deliver}\par\pard\li1133\ri0\sl-426\slmult0 \fs24\cf 0\f0\charscalex100 {high customer service at low costs. Lastly, companies have r ealized that self-optimization}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\ charscalex100 {of each node along the supply chain can lead to less than optimal performance by the}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex1 00 {chain as a whole.}\par\pard\li1493\ri0\sl-413\slmult0 \fs24\cf0\f0\charscale x100 {Early supply chain initiatives include the development of the quick respon se strategy}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {in t he textile and apparel industry, the creation of the efficient consumer response group}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {in the gr ocery industry, as well as the usage of continuous replenishment concepts by}\pa r\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {companies such as P roctor & Gamble. More recently, collaborative supply chain research}\par\pard\li 1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {groups have been established . The Supply Chain Council, consists of some of the world\uc1\u8217Xs}\par\pard\ li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {largest manufacturers, and was established to develop guidelines for effective supply}\par\pard\li1133\ri0 \sl-413\slmult0 \fs24\cf0\f0\charscalex100 {chain management.}\par\pard\li1493\r i0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {The article describes misconceptio ns about what is involved in supply chain. Such}\par\pard\li1133\ri0\sl-413\slmu lt0 \fs24\cf0\f0\charscalex100 {one failure is the failure to realize that suppl y chain management is not a standalone}\par\pard\li1133\ri0\sl-413\slmult0 \fs24 \cf0\f0\charscalex100 {process. Also, good guidelines for successful supply chai n management are introduced.}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\ch arscalex100 {Put into use, these guidelines can help a company achieve competiti

veness by increasing}\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li54 00\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par \pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs 18\cf0\par\pard\li5400\ri0\sl-346\slmult0 \fs20\cf0\f0\charscalex100 {3}\par\par d\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\marglsxn666\margrsxn133\margtsxn666 \margbsxn173\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213 \slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ ri0\sl-400\slmult0 \fs24\cf0\f0\charscalex100 {productivity and customer service levels, while reducing inventory, cycle times, and}\par\pard\li1133\ri0\sl-413\ slmult0 \fs24\cf0\f0\charscalex100 {costs. I give it a good recommendation.}\par \pard\li1560\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1560\ri0\sl-213\slmult0 \fs 18\cf0\par\pard\li1560\ri0\sl-400\slmult0 \fs22\cf0\f0\charscalex100\b {Article 3}\b0 \fs22\cf0\f0\charscalex100 {, entitled \uc1\u8220XInformation Sharing in a Supply Chain\uc1\u8221X [3], explains that}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {promotion in information system technology have had a great impact on the evolution of}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0 \f0\charscalex100 {SCM. Technology advances give supply chain partners new tools to coordinate and}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex10 0 {optimize chain-wide performance, and enhance information sharing. There are s everal}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {types of information shared: inventory, sales, demand forecast, order status, and}\par\pa rd\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {production schedule.}\p ar\pard\li1853\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {In inventory level , if the retailer and the manufacturer independently manage their}\par\pard\li11 33\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {respective inventories without sharing inventory status information, they may end up}\par\pard\li1133\ri0\sl-4 13\slmult0 \fs22\cf0\f0\charscalex100 {having duplicate safety inventories at bo th locations. A solution to this inefficiency is to}\par\pard\li1133\ri0\sl-413\ slmult0 \fs24\cf0\f0\charscalex100 {coordination the management of inventories a t the two sites such as echelon inventory}\par\pard\li1133\ri0\sl-413\slmult0 \f s24\cf0\f0\charscalex100 {control. In sales information sharing by the retailer enables the supplier to be better}\par\pard\li1133\ri0\sl-426\slmult0 \fs24\cf0\ f0\charscalex100 {prepared for volatile market demand.}\par\pard\li1853\ri0\sl-4 00\slmult0 \fs24\cf0\f0\charscalex100 {Supply chain members started sharing thei r order status information, so that a}\par\pard\li1133\ri0\sl-426\slmult0 \fs24\ cf0\f0\charscalex100 {high rate of first-call problem resolution could be achiev ed. For example, partners in the}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f 0\charscalex100 {supply chain may allow access to each other\uc1\u8217Xs order d atabases. In demand forecast, the}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\ f0\charscalex100 {members of a supply chain can remove the bullwhip effect and i ts related inefficiencies}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\chars calex100 {by avoiding independent multiple forecasts. For example, forecast shar ing involves a}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {d ownstream site sharing the information with the supplier, as it is closer to the market}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {and is t hus better positioned to forecast future market demand.}\par\pard\li1920\ri0\sl413\slmult0 \fs24\cf0\f0\charscalex100 {In a production schedule, a manufacturer can improve its own production}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0 \charscalex100 {schedule. For example, US auto firms have access to the producti on schedule for their}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscale x100 {orders at steel suppliers, as well as a Taiwanese semiconductor manufactur er allows her}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {gl obal customers access to her production schedule.}\par\pard\li1853\ri0\sl-413\sl mult0 \fs24\cf0\f0\charscalex100 {The authors also describe the models of inform ation sharing such as the}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\chars calex100 {Information Model, the Third-Party Model and the Information Hub Model . As a result,}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {t hese models can be used to their advantage by a manufacturer to reference or}\pa r\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {incorporate. This r esearch papers has done excellent work for information sharing in}\par\pard\li11

33\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {supply chain. I strongly recom mend it to every student of supply chain management.}\par\pard\li5400\ri0\sl-213 \slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-360\slmult0 \fs20\cf0\f0\cha rscalex100 {4}\par\pard\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\marglsxn666\m argrsxn133\margtsxn666\margbsxn173\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\ pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213\slmult0 \fs1 8\cf0\par\pard\li1133\ri0\sl-453\slmult0 \fs28\cf0\f0\charscalex100\b {INCORPORA TION:}\b0 \par\pard\li1493\ri0\sl-426\slmult0 \fs24\cf0\f0\charscalex100 {Articl e 1, will not be useful for my future work except as a reference for the second} \par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {paper in this co urse. Article 2 does not have much practical application for my future}\par\pard \li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {work other than as a chec klist of guidelines. The authors did not discuss how to achieve}\par\pard\li1133 \ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {the guidelines.}\par\pard\li1493 \ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {In article 3, I learned about th e bullwhip effect, which explains the multiplication}\par\pard\li1133\ri0\sl-413 \slmult0 \fs22\cf0\f0\charscalex100 {effect in a supply chain wherein a simple i nefficiency is magnified from one level to}\par\pard\li1133\ri0\sl-413\slmult0 \ fs22\cf0\f0\charscalex100 {another, understanding this concept impressed the imp ortance of information sharing in}\par\pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\ f0\charscalex100 {the supply chain. Therefore, this article is in sync with my i nner wisdom and self.}\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1 133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\pa r\pard\li1133\ri0\sl-320\slmult0 \fs28\cf0\f0\charscalex100\b {SUMMARY:}\b0 \par \pard\li1853\ri0\sl-426\slmult0 \fs22\cf0\f0\charscalex100 {\uc1\u8220XAn Introd uction to Supply Chain Management\uc1\u8221X provided new information to me}\par \pard\li1133\ri0\sl-413\slmult0 \*\tx1906\*\tx3733\*\tx4653\*\tx5160\*\tx5906\*\ tx7106\*\tx8293\*\tx9200\fs22\cf0\f0\charscalex100 {about}\tab \fs22\cf0\f0\char scalex100 {decision-making}\tab \fs22\cf0\f0\charscalex100 {models}\tab \fs22\cf 0\f0\charscalex100 {for}\tab \fs22\cf0\f0\charscalex100 {SCM}\tab \fs22\cf0\f0\c harscalex100 {processes.}\tab \fs22\cf0\f0\charscalex100 {\uc1\u8220XDefining}\t ab \fs22\cf0\f0\charscalex100 {Supply}\tab \fs22\cf0\f0\charscalex100 {Chain}\pa r\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {management\uc1\u822 1X gave historical background and lists of guidelines to better organize my}\par \pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {approach to SCM prob lems. \uc1\u8220XInformation sharing in a Supply Chain\uc1\u8221X taught me how} \par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {useful and impor tant good information sharing is to a lean successful supply chain}\par\pard\li1 133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {system.}\par\pard\li1853\ri0\ sl-413\slmult0 \fs22\cf0\f0\charscalex100 {The articles helped clarify my unders tanding of the concepts of fundamental}\par\pard\li1133\ri0\sl-413\slmult0 \fs22 \cf0\f0\charscalex100 {SCM. I have more knowledge of SCM methods, and better und erstanding of how to}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex 100 {effectively manage the SCM. Also, I know how important information sharing is for}\par\pard\li1133\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100 {supply ch ain management. Finally, reading the articles has enhanced my knowledge of}\par\ pard\li1133\ri0\sl-413\slmult0 \fs24\cf0\f0\charscalex100 {general SCM concepts in this course.}\par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri 0\sl-213\slmult0 \fs18\cf0\par\pard\li1133\ri0\sl-453\slmult0 \fs28\cf0\f0\chars calex100\b {BIBLIOGRAPHY:}\b0 \par\pard\li1133\ri0\sl-213\slmult0 \fs18\cf0\par\ pard\li1133\ri0\sl-386\slmult0 \fs22\cf0\f0\charscalex100 {[1] Ganeshan, R., & H arrison, T. P. (1995) \uc1\u8220XAn Introduction to Supply Chain}\par\pard\li149 3\ri0\sl-266\slmult0 \fs24\cf0\f0\charscalex100 {Management.\uc1\u8221X}{ }\fs24 \cf0\f0\charscalex100\i {Supply Chain Management.}\i0 { }\fs24\cf0\f0\charscalex 100 {http://silmaril.smeal.psu.edu/misc/supply}\par\pard\li1493\ri0\sl-280\slmul t0 \fs24\cf0\f0\charscalex100 {chain_intro.html}\par\pard\li1133\ri0\sl-280\slmu lt0 \fs22\cf0\f0\charscalex100 {[2] Lummus, R. R., & Vokurka, R. J. (1999) \uc1\ u8220XDefining Supply Chain Management: A}\par\pard\li1493\ri0\sl-266\slmult0 \f s22\cf0\f0\charscalex100 {Historical Perspective and Practical Guidelines.\uc1\u

8221X}\fs22\cf0\f0\charscalex100\i {Industrial Management & Data}\i0 \par\pard\l i1493\ri0\sl-280\slmult0 \fs24\cf0\f0\charscalex100\i {Systems}\i0 \fs24\cf0\f0\ charscalex100 {, 99, pp. 11-17.}\par\pard\li1133\ri0\sl-280\slmult0 \fs22\cf0\f0 \charscalex100 {[3] Lee, H. L., & Whang, S. (1998). \uc1\u8220XInformation Shari ng in a Supply Chain\uc1\u8221X. Research}\par\pard\li1560\ri0\sl-266\slmult0 \f s24\cf0\f0\charscalex100 {paper No 1549, Stanford University, CA}\par\pard\li540 0\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\ pard\li5400\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5400\ri0\sl-213\slmult0 \fs1 8\cf0\par\pard\li5400\ri0\sl-266\slmult0 \fs20\cf0\f0\charscalex100 {5}\par}