Posted: April 13th, 2022

the history of supply chain management and its models and theories.

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T‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍his week, you dig into the history of supply chain management and its models and theories. Everyone should know the definition and history of supply chain management, but what you may not know is how to teach supply chain management concepts. Consider how you would teach MBA students to define and understand supply chain management within the context of their workplaces as you complete your work. Your students will need to learn key theories and models of supply chain management. To prepare you to teach supply chain management, we will examine these theories, beginning with the Theory of Constraints, which was introduced by Dr. Eliyahu Goldratt in 1984 and later developed by him and others. It is based on the premise that a chain is only as strong as its weakest link—the constraint—and that learning how to optimize and leverage that constraint is the key to achieving goals and, ultimately, profitability. Because constraints (or obstacles to achieving a goal) are the core of the theory, fundamental concepts are that (a) a goal must be clearly defined; and (b) constraints to achieving the goal must be identified. Constraints may be internal or external. There are three main components and five goals that you must teach the MBA students: Components Rate of production. Operational expense. Inventory. Goals Identify the constraints or system of constraints. Decide how to exploit the constraints. Sub‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ordinate everything else in order to address Goals 1 and 2. Alleviate the system’s constraints. Stop everything if a constraint has been broken and start again. Do not let it build up to start another constraint. The success of any professional endeavor relies on the abilities of those involved to communicate effectively, whether managing a supply chain or teaching MBA students. As you are preparing to assemble your lesson plans on supply chain management, you have been encouraged to look at the role that communication plays in a successful and optimized supply chain. Although effective communication is a vital component of successful supply chain management, rarely does an organization have an official communication plan in place, nor are supply chain managers typically trained in communication. For your initial post, address the following: Discuss two or more techniques or strategies that a supply chain manager could use to strengthen communication within their teams: How can these techniques prevent or mitigate communication breakdowns? What are some communication best practices that would facilitate communication within an organization’s supply chain? What are some common communication habits to avoid in order to prevent communication gaps in an organizational supply chain? Describe ways in which you could model the identified communication best practices to your MBA students as you are teachin‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍g them.

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