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Ch 12: Global Supply Chain Procurement & Distribution

About This Chapter

Use these engaging video lessons to learn about different types of supply chain management and strategies to effectively obtain and distribute resources. Take the corresponding quizzes to check your understanding of global supply chain procurement and distribution.

Global Supply Chain Procurement & Distribution - Chapter Summary and Learning Objectives

Supply chains are the steps required to deliver a product to a customer. They span everything from physical acquirement of resources to the final packaging. In an increasingly connected global economy, businesses have the ability to expand their search for cost effective suppliers. This chapter examines the different aspects of a global supply chain, including procurement and final distribution. You'll learn the criteria to select a good supplier, the method to calculate total cost, the strengths and weaknesses of different types of transport, and more. At the end of this chapter, you'll have mastered:

  • Reverse auctions
  • Types of procurement
  • Global supply chain challenges
  • Customers of Internet transportation exchanges

Video Objective
How Procurement, Transportation & Distribution Affect the Supply Chain Assess the ways that procurement, transportation and distribution affect the goals of supply chain management.
Procurement: Principles, Process & Strategy Explore effective procurement, the 7-step procurement process, and how to create a procurement strategy.
Procurement & Supplier Selection Process Examine the different criteria for selecting a supplier and methods of assessing a supplier. Study the relationship between procurement objectives and the supplier.
Globalization, Outsourcing & Insourcing: Impact of Technology on Careers Compare and contrast different procurement types, including outsourcing and insourcing.
Total Cost in Economics: Definition & Formula Explain the meaning of total cost. Demonstrate methods used in a total cost analysis.
What Are E-Procurement & E-Marketplaces? Examine the types of suppliers and producers that are connected through an e-marketplace.
What is a Reverse Auction? - Purpose & Goals Understand how a reverse auction works and determine its goals.
Logistic Postponement: Definition & Purpose Identify the purpose for logistic postponement.
Warehouse Management Systems: Types & Benefits Examine the various warehouse management system types.
Vendor-Managed Inventory: Benefits & Drawbacks Explore the strengths and weaknesses of vendor-managed inventory.
Distribution Outsourcing: Advantages & Disadvantages Determine distribution outsourcing's benefits and drawbacks.
Supply Chain Modes of Transportation: Strengths & Weaknesses Explore the many modes of transport and their pros and cons. Examine multimodal solutions.
Internet Transportation Exchanges: Services & Customers Learn the services an Internet transportation exchange provides and identify the customers that use it.
Reverse Logistics Systems: Definition & Challenges Examine reverse logistic systems and the issues that result from them.
Challenges in Global Supply Chain Discover some global supply chain concerns that firms face.

14 Lessons in Chapter 12: Global Supply Chain Procurement & Distribution
Test your knowledge with a 30-question chapter practice test
How Procurement, Transportation & Distribution Affect the Supply Chain

1. How Procurement, Transportation & Distribution Affect the Supply Chain

Even the best-planned supply chains are vulnerable to changes in procurement, transportation, and distribution. In this lesson, we look at how each of those can wreak havoc on your supply chain.

Procurement: Principles, Process & Strategy

2. Procurement: Principles, Process & Strategy

Ever wonder how companies get what they need to make their products? In this lesson, we look at procurement, or the process by which companies buy what they need to do business.

Procurement & Supplier Selection Process

3. Procurement & Supplier Selection Process

Deciding from whom to purchase goods is one of the most important decisions that a business owner will make. In this lesson, we go over many basic guidelines for the procurement and supplier selection process.

Globalization, Outsourcing & Insourcing: Impact of Technology on Careers

4. Globalization, Outsourcing & Insourcing: Impact of Technology on Careers

This lesson discusses the impact information technology has on careers. Globalization has been driven by advances in technology and has impacted job security and wages. We will specifically look at downsizing, insourcing and outsourcing.

What Are E-Procurement & E-Marketplaces?

5. What Are E-Procurement & E-Marketplaces?

Procurement is part of the traditional business process, but procurement options have changed. This lesson examines two fundamental concepts found in the area of electronic business: e-procurement and e-marketplace.

What is a Reverse Auction? - Purpose & Goals

6. What is a Reverse Auction? - Purpose & Goals

While the highest bidder wins in a regular auction, the lowest bidder usually wins in a reverse auction. Confused? In this lesson, you'll learn about reverse auctions and how some buyers use them to get a great deal.

Logistic Postponement: Definition & Purpose

7. Logistic Postponement: Definition & Purpose

Looking for a way to keep your costs down while still offering a custom product to your clients? In that case, logistic postponement may be just the tool you're looking for.

Warehouse Management Systems: Types & Benefits

8. Warehouse Management Systems: Types & Benefits

For many companies, goods sit in warehouses before they are sold. In this lesson, we'll look at how companies keep track of their inventory in warehouses using warehouse management systems.

Vendor-Managed Inventory: Benefits & Drawbacks

9. Vendor-Managed Inventory: Benefits & Drawbacks

Some businesses keep their shelves stocked with a vendor-managed inventory. Both businesses and vendors benefit from this arrangement, but things can go wrong. Learn more about the benefits and drawbacks of vendor-managed inventory.

Distribution Outsourcing: Advantages & Disadvantages

10. Distribution Outsourcing: Advantages & Disadvantages

More and more, companies are realizing that outsourcing non-core practices, like accounting or distribution, has many advantages. However, as this lesson shows, there are also potential disadvantages to consider when outsourcing distribution.

Supply Chain Modes of Transportation: Strengths & Weaknesses

11. Supply Chain Modes of Transportation: Strengths & Weaknesses

Supply chain managers are spoiled for choice when it comes to moving goods around. However, not all modes are created equal. In this lesson, you'll learn about some of the most common forms of transportation and their strengths and weaknesses.

Internet Transportation Exchanges: Services & Customers

12. Internet Transportation Exchanges: Services & Customers

In this lesson we will look at the services and benefits offered to customers of internet transportation exchanges, also known in the logistics industry as freight exchanges.

Reverse Logistics Systems: Definition & Challenges

13. Reverse Logistics Systems: Definition & Challenges

Companies have largely designed their supply chains to move goods in only one direction. However, when there are returns or recalls, goods have to move both ways. In this lesson, we look at the reverse logistics that makes such movement possible.

Challenges in Global Supply Chain

14. Challenges in Global Supply Chain

Once a business goes global in its supply chain, a whole new set of challenges and concerns arise. A business will encounter not only increased paperwork but also other challenges, including language barriers.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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