Title
Operations Management - Supply Chain Management : Demonstration of Supply Chains Example 2 - Producing Units : Make or BuyCreator
Bonnie Simmons and Memorial University. Centre for Innovation in Teaching and Learning (CITL)Description
The supply chain is the sequence of organizations involved in the production and delivery of products and services. Supply chain management is about working together to manage all aspects of the chain, from the beginning of the chain (information movement) to the end of the chain (physical movement of material), so that market demand is met as efficiently and effectively as possible.
In this video an example is given to illustrate how supply chains work. In this example you are asked to determine the total annual cost of making and of buying from each of vendor A and B. With a estimated demand of 15,000 units a year, which alternative is best?
Learning Design
Demonstrate how to calculate the choice to make or buy a product for the most efficient supply chain choice.Date Created
2017Format
Video/mp4Duration
02:43 minutes/seconds