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Walmart-Supply Chain Management
"A supply chain is a network of facilities and distribution options that performs the functions of
procurement of materials, transformation of these materials into intermediate and finished products,
and the distribution of these finished products to customers."
Ganeshan and Harrison
Supply chain provides a vital link between suppliers and customers. It involves meeting customers'
requirements in terms of time, quality and quantity. It helps to optimize design, planning,
production, delivery of materials and other resources used in manufacturing and production.
The main aim of the study was to investigate and analyze the ways in which the inventory
management of Wal–Mart helps in its working. Hence, the author deeply analyzed and ... Show
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Wal–Mart has a competitive advantage and maintains one of the lowest expense structures in retail
due to a centralized IS with homegrown, common source codes, says Kevin Turner, former
Communication Information Officer (CIO). FORTUNE's annual ranking of America's largest
corporations
Rank Company Revenues ($ millions) Profits ($ millions)
1 Wal–Mart Stores
288,189.0 10,267.0
2 Exxon Mobil
270,772.0 25,330.0
3 General Motors
193,517.0 2,805.0
4 Ford Motor
172,233.0 3,487.0
5 General Electric
152,363.0 16,593.0
6 ChevronTexaco
147,967.0 13,328.0
7 ConocoPhillips
121,663.0 8,129.0
8 Citigroup
108,276.0 17,046.0
9 American Intl. Group
98,610.0 11,050.0
10 Intl. Business Machines
96,293.0 8,430.0
Source: From the April 18, 2005 issue, www.fortune500.com
Figure 3: Fortune's 2005 annual ranking of America's largest corporation
Inventory management
Wal–Mart, pioneer in the inventory management, since 1990s, has reduced its overall cost structure,
enhanced supply chain efficiency and increasing customer service. In order to continuous improve
its receiving and shelving
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Logistics And Supply Chain Management
Logistics and supply chain management is an important aspect of a firm's strategy for the business
to achieve success by creating value throughout the logistics and supply chain. The research paper
will outline the concepts that are involved in creating the logistics and supply management
framework. The logistics and supply chain management strategies will drive success for the
company towards fulfilling and supporting customer needs, procurement and manufacturing
operations of the firm.
This research project is significant and important because it will allow the company to identify gaps
in the supply chain as well as opportunities to improve on the logistics and supply chain. The
complete operation of the firm is integrated from acquired ... Show more content on Helpwriting.net
...
John's, NL and operates out of 10,000 square foot building. The building consists of manufacturing
plant, warehouse, sales, distribution and corporate office. The building has a top of the line freezer
and cooler that is able to store inventory and raw materials.
The company manufactures ground beef and cured beef products. The company sells and distributes
its products to supermarkets, local food stores as well as direct sale and deliveries to customers from
our warehouse and distribution center.
The company has approximately sixty members on staff which includes sales, operations and
marketing team. DRT Food Manufacturing and Distribution Limited represents 20% of the market.
The major categories of our product line include:
Cured Navel Beef
Cured Pork Riblets
Ground Beef
DRT Food Manufacturing and Distribution Company is dedicated to providing safe quality beef
products to our customers. The manufacturing and distribution arm is totally committed to meeting
customer requirements in a fast, efficient and timely manner through our state of the art
manufacturing, warehouse and distribution facility.
The goal of DRT Food Manufacturing and Distribution Company is to provide high quality product
to our customers in an efficient and cost effective manner thereby providing value to our logistics
and supply chain.
To provide efficient and timely delivery of our products through superior quality customer service at
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Benefits Of Supply Chain Management
According to Fisher, point of sale scanners is one the strategies which allow companies to capture
their customers' voice. Supply chain stages hear the voice from the customers and react to them
appropriately using flexible automated warehousing, and rapid logistics through the electronic data
interchange. New concepts like lean manufacturing; agile manufacturing among others in
partnership with the new technology has been used to improve performance(Ben Naylor, Naim and
Berry). Performance of many supply chains has been worse due to quite a number of reasons like
rises in price to unprecedented levels has been coursed by adversarial relations between supply
chain partners as well as dysfunctional industry practices such as over reliance on price promotions.
Fisher says in his article that there are nice supply chain strategies which should be put in place after
the nature of the demand for the product has been known. The following are strategies that are
relevant according to the three articles.
Functional products are those that are bought at a wide range of retail outlets like grocery stores and
gas stations (Lee). For such products they do satisfy basic needs hence they don't change much
overtime which provides staple, predictable demand. Innovative products require a different supply
chain from that of the low margin functional products. This strategy is very basic because it gives
assurance to companies to know that they are taking the right approach. This helps
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Supply Chain Management And Distribution
Supply chain is a network of facilities and distribution options that performs the functions of
procurement of materials, transformation of these materials in to intermediate and finished products
and distribution of these products to the customers. Supply chain Management (SCM) is the
management of flow of information, products and services across a network of customers,
organization and supply chain enterprises. It incorporates the development and capacity of raw
materials, work–in–progress of stock, and finished products from purpose of origin to purpose of
utilization. Interconnected or interlinked systems, channels and hub organizations are included in the
vision of items and services required by end users in a supply chain. Supply ... Show more content
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Logistics. Managing nonstop supply of right items, at perfect time from various elements is the test
of overseeing supply chain. Information innovation apparatuses has helped retailers in enormously
lessening process durations and achieving effectiveness.
Operational and quality administration and control activities like JIT, TQM, ZI (0–inventory)ECR
(effective customer response) and VMR (vendor managed inventory) all these divided
methodologies have now been coordinated inside the space of SCM procedure. Target of SCM is to
guarantee achieving right item at perfect spot at ideal time and at the right cost and benefit for the
retailers. Information and Product flow from phase of Procurement till completed item reaches to
store & customer feedback of information from store to sellers.
→→→→→→→→Information→→→→→→ ↓
↑ Procurement ∞Production∞ Distribution ↓
↑ Source Make Deliver ↓ ←←←←←←←Information←←←←←←←←
The motivation behind supply chain management is to enhance trust and joint effort among supply
chain partners, in this manner enhancing stock visibility and the speed of stock movement. Nature of
supply chain and logistics e.g. grocery has 1–short life cycle,– seasonal,perishable,2–high
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Notes On Supply Chain Management
Contents
Introduction 2
Supply Chain Management: 2
RFDI– Radio Frequency Identification 3
Types of RFID's 4
History 4
Barcodes & RFID 5
Supply Chain & RFID 6
Applications of RFID's 6
Barriers in adoption of RFID's 7
Future innovative uses 8
Conclusion & Way forward 8
Bibliography 9
RFID: An overview from SCM perspective
Introduction
With exponentially increasing globalization, industries are facing huge challenges in terms of supply
chain management. Everything has to be connected to each other and proper information has to be
available to take cost saving decisions. Industries right from retail to manufacturing plants to
pharmaceutical sectors to animal habitats to defence industry, what not!!! Every industry needs ...
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Decisions based solely on sales data without understanding the real time inventory levels and taking
supply chain decisions.
3. Level of communications about products is key determinant of success of any supply chain.
4. Proper review of lead times burst capacity, standard capacity & quick turnaround capabilities with
their suppliers to ensure suppliers capabilities.
5. Involvement of many companies makes supply chain management very complex. Proper care has
to be taken to deal with all the parties involved because failure to implement the same is visible to
all trading partners.
The complex process can be understood from following picture:
RFDI– Radio Frequency Identification
To deal with problems posed by supply chain issues, exceptional technologies are needed. One such
technology is RFID which is an acronym of Radio Frequency Identification. RFID technology is a
means of gathering data about a certain item and doesn't need to see or touch the data reader. It uses
the inductive coupling or electromagnetic waves. This technology has unlimited possibilities for
connected devices around us right from goods, animals, gates, containers, machines even human are
tagged through RFID's. (ILIE–ZUDOR, 2006)
Types of RFID's
Various types of RFID's–
1. Passive RFID's: No battery and internal power supply system, small, light, stores very small
amount of data, the cheapest form of RFID, read only, writes only
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Supply Chain Management
Enterprise systems can be helpful to solve diverse business problems and optimize numerous
processes in commercial organizations. Though the CIO is interested in different types of these
systems being used, particular emphasis is placed on Supply Chain Management (SCM), which can
be defined as "the management of information flows between and among activities in a supply chain
to maximize total supply chain effectiveness and corporate profitability" (Baltzan, 2014). In order to
profoundly evaluate the impact that these systems can have on different types of organizations, the
paper will analyze two case studies, whose objective was to "promote further understanding of this
process of adoption and integration of supply chain management ... Show more content on
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Organization 2
The second organization, also based in Australia, focuses on design, manufacture and distribution of
women's outerwear. Numbering 140 employees, this company annually generates $50,000,000
AUD. The company supplies its products nationally, competing with 3 local and numerous external
companies. The company exports 75% of its products overseas with the view of higher profits,
though it results in decreased quality control.
Problems to be Solved
Organization 1
The use of enterprise systems in this organization was motivated with various factors. According to
the case study (Sohal, Power & Terziovski, 2002), the organization thus aimed to solve the
following business problems:
Implementation of the Quick Response (QR), initiated by a major trading partner
Reduction of inventories and operational costs to maximize revenue
Increasing the company's poor delivery 'in full on time' performance of 5%
Improving the efficiency of resource allocation to products
Stimulating marketing with differentiators on quality, delivery and reliability
Achieving higher compliance with customer requirements
Organization 2
The problems faced by the company were restricted to the field of customer satisfaction. As
specified in the case study (Sohal, Power & Terziovski, 2002), the only factor that
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Supply Chain Management
TABLE OF CONTENTS
INTRODUCTION.........................................................................................3
WHAT IS SUPPLY CHAIN MANAGEMENT.......................................................4 Three flows of
supply chain management......................................................4
FIVE COMPONENTS OF SUPPLY CHAIN MANAGEMENT...................................5
VALUE CREATION THROUGH SUPPLY CHAIN MANAGEMENT..........................6 Three
sources of data integration.................................................................7
SUPPLY CHAIN MANAGEMENT SOFTWARE CATEGORIES................................8
TYPES OF SUPPLY CHAIN MANAGEMENT SOFTWARE.....................................8
RFID TECHNOLGY......................................................................................9 Components of
RFID..............................................................................9
AN IMPORTANT QUESTION TO ASK BEFORE INSTALLING A SUPPLY CHAIN
MANAGEMENT SYTEM...............................................................................10
POTENTIAL PROBLEMS ASSOCIATED WITH IMPLEMENTING A SUPPLY
CHAIN ... Show more content on Helpwriting.net ...
"Supply chain management includes, but is not limited to, new product development, marketing,
operations, distribution, finance, and customer service" (Chopra and Meindl, 2001). The flow of
supply chain management can be divided into three main flows; I have outlined it in the diagram
below to show how each flow is interconnected to the other.
Figure 1. The three flows of supply chain management.
As outlined by the diagram above, the supply chain management process contains different flows
that work in accordance with each other so that effectiveness can be optimized and maintained. The
product flow includes the movement of goods from suppliers and ends up in the hands of the
customer. The information flow involves transmitting orders and updating delivery status. The
financial flow involves credit terms, payment schedules, consignment and title ownership
arrangements. Although the just–in–time system had been around for a while; it was not until the
early 1980's when most companies in the United States started to adopt the concept (Mawhinney &
Presutti Jr., 2007). Business executives started to recognize the overwhelming potential that
effective supply chain management had to offer. Business executives have come to realize that
supply chain management can help achieve the businesses objectives on four dimensions – costs,
quality, response time and flexibility.
Five Components
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Supply Chain Management
Supply Chain Management (SCM
The average company spends nearly half of every dollar it earns on production needs–goods and
services it needs from external suppliers to keep producing. A supply chain consists of all parties
involved, directly or indirectly, in the procurement of a product or raw material. Supply chain
management (SCM) involves the management of information flows between and among stages in a
supply chain to maximize total supply chain effectiveness and profitability.
In the past, companies focused primarily on manufacturing and quality improvements within their
four walls; now their efforts extend beyond those walls to influence the entire supply chain
including customers, customers' customers, suppliers, and ... Show more content on Helpwriting.net
...
It will help us processing the same order at the same time every week or month and saving the
process of potential human error as well(Magableh, 2007, 52–66). As a result, using this system
would enhance customer satisfaction because we have sufficient items to provide consumers and
also increase the sales. In order to make my business succeed that I have to create a suitable
competitive advantage to face modern business and keep developing new programs and resources to
help in changing marketing conditions.
Making Business Decisions I
Business is booming. The Broadway Cafe is operating better than ever and you have achieved your
goal of driving operating costs down, which helps to drive revenues up. One of your best new
products is a small coffee press from China. Customer can create a drawing on a special piece of
paper that is sent to China and created as the outside of the coffee press. Customers are ordering the
presses for everything from children's drawing for mother's day presents to marriage proposals. You
also have many customers participating in the coffee–of–the–month and tea–of–the–month club
where they receive two pounds of a unique blend each month from Brazil Beans and China Teas.
PROJECT FOCUS:
Yesterday, a dock workers union strike began and shut down all of the west coast shipping docks
from San Francisco to Canada. Work will only begin when the union agrees to new labor
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Ikea's Supply Chain Management
Supply Chain Management in Ikea Ikea is a renowned global furniture retail shop that was
established by Kampard Ingvar in 1943(Bartlett, 2006). The business began as a grocery and
stationery of mail order and later turned into furniture as its main business. Currently, it has over
292 branches in 34 countries globally. Ikea has been operating on the motto "better life for
everyone". Ikea focuses basically on good quality of household furniture and low prices of goods.
Ikea strives to build a good social benefits structure and good customer care. Ikea business model
Ikea have the product design, development, raw materials, processing, customer service five
processes and sales flow. Ikea took control of the sales and product design of the two maximum
links, at the same time ensuring service into the sales. Ikea has a comprehensive market survey that
is conducted after every three years. The main purpose of the survey is to listen to the customer's
opinions regarding the products. Ikea strategy on reducing the cost is based on recycling raw
materials to avoid deforestation. With the inception of the new technology, it has resorted to using
composite plastics so as to reduce weight and save material with the purpose of increasing the rate
of production. Ikea's household products are split into assembly goods with products divided into
separate designs and different modules. Ikea's mode of marketing is to hold the psychology of the
customer. Ikea does not introduce the
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Supply Chain Management Essays
Supply Chain Management (SCM) is the integration of information, technologies and management
of key business functions which is linked directly or indirectly and provides services to the same
customer. It promotes the flow of products downstream from raw materials to the end consumer and
the flow of information upstream from consumer to supplier [1].
In above figure it explains that raw materials is procured and then it goes to the supplier for
processing of raw material, suppliers supplies the processed raw materials to the manufactures,
producers transform these raw material into finished goods, distributors delivers finished goods,
packed materials to customers or retailers and retailers sell that product to consumers.
Supply ... Show more content on Helpwriting.net ...
Its mission today is to perpetuate the uses of the SCOR model through technical development,
research, education and conference events [3].
2.2. SCOR
SCOR is a management tool, spanning from the supplier's supplier to the customer's customer [2].
The Supply Chain Operations Reference (SCOR) is a business process reference model which was
developed by the supply chain council (SCC).
"The SCOR model is the only supply chain framework that we found that links performance
measures, best practices, and software requirements to a detailed business process model"
–Logistics Management Institute June 1999
The SCOR–model captures the council's general view of supply chain management. While much of
the underlying content of the model has been used by practitioners for many years, the SCOR–
model provides a unique framework that links business process, metrics, best practices and
technology features into a unified structure to support communication among supply chain partners
and to improve the effectiveness of supply chain management and related supply chain improvement
activities [4]. The SCOR model was designed to provide companies to communicate, compare and
learn from competitors and companies both within and outside of their industry. It not only measures
supply chain performance but also effectiveness
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Supply Chain Management in Wallmart
P E S INSTITUTE OF TECHNOLOGY
BANASHANKARI 3RD STAGE BANGALORE.
Term paper submission on
"SUPPLY CHAIN MANAGEMENT AT WALL–MART" –SUBMITTED BY SUJAY C
1PB12MBA51
INDEX
S.NO DESCRIPTION
1. INTRODUCTION TO SUPPLY CHAIN MANAGEMENT
2. LEVELS OF SUPPLY CHAIN MANAGEMENT
3. HISTORY–WALMART
4. WAL–MART INTRODUCTION AND ITS BUSINESS PROCESSES
5. SUPPLY CHAIN MANGEMENT AT WAL–MART
6. PROCUREMENT AND DISTRIBUTION
7. LOGISTICS MANAGEMENT
8. INVENTORY MANAGEMENT
9. COMPETITIVE ADVANTAGE AND BUSINESS MODELS
USED AT ... Show more content on Helpwriting.net ...
Air transportation is costly, but fast and reliable. Other modes of transportation may be cheaper, but
the sacrifice has to hold inventories due to delays that may occur. If the above decisions are made
with careful and strategic thought as well as with concern for integration, the supply chain should be
efficient and successful.
The complete goal of SCM is to optimize supply chains in an endeavor to provide more accurate
and time sensitive information that can be used to improve process times and cut costs. Supply
chains have been around for decades and a constantly being improved. The newest opportunity for
improvement is the introduction of Radio frequency identification (RFID) tags. RFID technology
will provide real–time information that will allow manufacturers to get better readings of customers
and markets thus further improving supply chains. RFID will help retailers provide the right
products at the right places at the right times. Finally, maximizing sales and profits.
Wal–Mart has been leading the charge with RFID technology. Having the largest retailer adopt and
begin to use RFID technology has given strong backing to the technology and will only further and
quicken the expansion of RFID. They have begun requiring all their major suppliers to implement
RFID technology on all products supplied to Wal–Mart.
One example of what Wal–Mart has done with SCM and its suppliers is that of its relationship with
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The Supply Chain Management Network
Risk Pooling
In this economic climate that we find ourselves in at the present time organization is looking for a
way to cut cost and save money, at the same time providing the best product that they can provide to
their customers. In this highly competitive economic market place their seems to be some many
choices for consumers to choose from that they have their pick of the market place. In order fro
organizations to keep up with them they have to make sure that they always have the appropriate
amount of inventory in stock or they could potentially loose customers to another competitor. This
has caused organizations to start to look at their supply chain management network and evaluate
how reliable it is and is it performing up to standard or are they loosing customers because their
supply chain network is not being properly managed.
Supply Chain Management Network (Simchi–Levi, Kaminsky, & Simchi–Levi, 2008)
Most supply chain management networks are very basic in it's make up you have a factory or
manufacture, a distributor or distribution center, a wholesaler and a retailer. The factory or the
manufacture is responsible for making sure that it has enough inventory on hand at all times to
supply the distributors that depend on them to keep them supplied with inventory. It is up to the
manufacture to make sure that they have the raw materials that they need to product whatever
product the distributors are relying on them to provide them.
The distributor most ensure that it
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Fender's Supply Chain Management
The world's manufacturing leader––Fender Guitar Company which was established in 1946, the full
name of Fender Musical Instruments Corporation. In the past 60 years, Fender has become one of
the hallmarks of the United States. The contribution of Fender sound's modern music development
has already been spread in global and still continuing. Through the first to introduce the
commercialization solid electric guitar, produced the first electric bass and numerous classic
speaker. The style of Fender musical instruments includes jazz, pop, rock, country music and so on.
Everyone from beginners to enthusiasts and even the world–renowned performers all can find the
suitable musical instruments for them. Fender intends to position itself in the ... Show more content
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2003 early, Fender made some adjustment for its family of products Gretsch and started the
production and distribution of new Gretsch guitars.
2.3 Fender's new supply chain strategyFender plans to promote their products can be more clearly
conveyed. They announced in Feb. 2007 will be to produce a product guide with illustrations of
replace the traditional front–line journal of the year. This change in order to give publicity by its
supply chain cost considerations, The traditional cost of printing, as well as the most trend copyright
convenient substitute for internet magazine, which can solve the printing, distribution, copyright
issue of cost and time. The guide contains a set of new Fender product introduction and picture. The
new Fender Frontline In–Home will be conveyed to customers the latest products of Fender, and the
provision of mail to customers if they need and have registered in the Fender website. This shows
that the Fender was constantly improving its customer service systems to optimize their supply
chain management.
2.4 Fender's Australia supply chainFender in Australia has a complete supply chain system, but it
still has a few aspects need to improve. Fender established more than 92 local authorized dealers in
the Australia, 26 in NSW (HREF 2). Fender distributes Recommended Retail Price (RRP)
information to all of its
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Strategic Supply Chain Management
1.0 Introduction
Supply Chain Management (SCM) is the management and administration of a network of
interconnected enterprises involved in the fundamental provision of product and service packages
required by end customers. This complex discipline is the systematic and strategic coordination of
traditional business functions and the tactics across those business functions within a particular
company and across businesses within that company's supply chain. The end effect is improving
long term performance of the company, the companies within the supply chain, and the supply chain
as a whole for competitive advantage. Keith Oliver, an analyst working for the consulting firm Booz
Allen Hamilton, coined the term "Supply Chain Management" in ... Show more content on
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It plays a key role in the total SCM functions. At strategic level, purchasing plays a decisive role in
decisions on and implementation of business boundaries. It acts as a link between the vendors and
the company to get involvement and help of vendors in matters like purchased material
specification, matching of lot sizes and transportation packing.
E. Selling is the closest link with the demand side of the supply chain. It is directly responsible to
help customer know, select, buy, pay for, and take away company's product. These products may be
sold to the customers directly or through a distribution network. A sale plays an important part in
decision on design of the distribution and is directly involved in its day to day operations.
F. Manufacturing represents the core of internal operations of a company. No SCM policies can
operate in isolation from the manufacturing activities. Manufacturing supports SCM in many ways
like, reducing manufacturing lead times and supplying material closely matched to customer lot size
and time requirements.
G. Product design has significant impact on efficiency and effectiveness of both supply and demand
side of supply chain. In addition the basic quality of the finished product sold to the end user can be
improved substantially by better collaboration among channel partners.
Supply Chain Management has matured from a compelling method of deriving competitive
advantage, to
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Strengths Of Supply Chain Management: Management And...
5.3 MANAGEMENT AND ORGANISATION
Evaluation of management and organization is another key component of successful supply chain
management. Its key strengths and weaknesses are shown in Table 5–4.
Table 5–4: Strengths and Weaknesses: Management and Organization
Characteristics Strengths Weaknesses
Providing skills and competences  Corporate Omnia initiatives for certain areas (productivity
programs, purchasing programs)
 Internal education
 Improvement culture  Structured education on supply chain management
 Knowledge database is missing
 Definition of core competences is missing
Having metrics  Key metrics in place  Should be better aligned with overall business targets
 Target setting not ambitious enough
Following design principles ... Show more content on Helpwriting.net ...
service level to customers).
Table 5–6: Strengths and Weaknesses of Measurement System
Key areas Strengths Weaknesses
They must be lined to business strategy  Main KPI's are part of yearly planning process  On
KPI's is not possible to see to which overall objective they contribute
They must be balanced and comprehensive; they need to take into account financial dimension,
internal dimension, customer dimension, and innovation and learning dimension  Measurements
are financial (e.g. stock levels, logistic costs) and operational (LT, Service level)  Innovation
expect and customer aspect is not covered
 They are not comprehensive enough
 Some of them are very manual
Targets must be set on both internal and external benchmarks  Targets are on some KPI's set
 Some benchmarks available  In most of the cases they are not set on the base of benchmarks
 Some of them are not showing development over
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Adoption Of The Supply Chain Management
Adoption of
And its future in the "Supply Chain Management" of the organisations?
An Individual Research Report
Submitted By –
SRIJAN CHAKRABORTY
GMAY14IBWM061
I. Table of Contents
Contents Page No.
1) Introduction 2
2) RFID Explained 2 (i) What is RFID's History? 2 (ii) How RFID changed the way business was
done? 2 (iii) What are the issues with RFID? 3 (iv) Will RFID be widespread in future? 6
3) Conclusion 6
4) Bibliography 7
5) Appendices 7
II. Introduction
Today every enterprise is working in a dynamic ... Show more content on Helpwriting.net ...
III. RFID explained
 What is RFID's History?
The history of RFID can be traced back to the times of World War–II. However, the first practical
application of this technology could be found in USA where Mario W. Cardullo received the first
patent for an active RFID tag with rewritable memory on 23rd January, 1973.
Further in the 1990's, IBM developed the Ultra–High frequency RFID for Wal–Mart which brought
RFID into the commercial sphere. Although Wal–Mart sold the patents to Intermec, Intermec's RFID
were installed in numerous applications. But the technology was expensive.
Later, Sarma and Brock changed the way how RFID was perceived in the Supply Chain. They
turned it into a networking technology by linking the tag to the internet. It was a revolutionary
development.
 How RFID changed the way Business was done?
I. In Manufacturing Processes
RFID has helped in:
 Less of manual work and costs
 Improved visibility and planning
In many industries like that of FMCG, by the use of RFID, products can be counted in seconds. This
is because RFID tags can be automatically scanned, that too multiple times. Moreover, RFID can be
used to optimise production processes, as it can store more information than the traditional Bar Code
system.
II. In Warehouse Management
RFID has helped in:
 Getting accurate information in
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Logistics and Supply Chain Management
International Logistics
Written Assignment
Logistics and Supply Chain Management
Table of Contents
1.0 Executive Summary 3
2.0 Introduction and Background 4
3.0 Literature Review 5
4.0 Recommendations 8 Reference List 10
1.0 Executive Summary
The globalisation of markets has increased customer demand and product differentiation. Higher
quality products and shorter delivery times are essential for maintaining customer satisfaction in
highly competitive markets like the consumer electronics industry. Consequently, supply chain
management is an important process in all businesses, and if managed effectively, can give
companies a competitive edge. However, it often ... Show more content on Helpwriting.net ...
Mentzer (2004) argues that no matter how large a firm is, in a globalised world, it lacks the total
resources and requisites for success. Supply chain management is a complicated process which is
enhanced by globalisation and communications technology (Coyle et al. 2008). Many businesses
have no experience or expertise in logistics operations (Baxter, 2006). Managing the transition from
a 3PL to an in–house operation is a long and challenging process, with little or no external support,
and the penalties for mistakes could be extremely high and damaging to the performance of the firm
(Baxter, 2006).
The time and resources required to set up and manage an in–house distribution centre will likely
divert the firm away from its core competencies. More and more activities are being shifted to the
warehouse (Maltz & DeHoratius, 2005). Consequently, managing a warehouse is very
expensive and requires a significant amount of resources and labor (Feare, 2000). Warehouses of
consumer electronics companies have to support highly variable customer demand, therefore the
firm will have to rely on temporary workers (Maltz & DeHoratius, 2005). Harry Drajpuch,
executive vice president of USCO Logistics, argues that these workers are often less reliable, which
will leave the company most
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Supply Chain Management
LINKS Supply Chain Management Fundamentals Simulation
Revised July 2010
Randall G. Chapman, PhD
2
LINKS Supply Chain Management Fundamentals Simulation
Table of Contents
Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3:
Product Development Decisions................................................................. 7 Chapter 4: Procurement
Decisions ............................................................................... 9 Chapter 5: Manufacturing
Decisions........................................................................... 17 Chapter 6: Distribution Decisions
............................................................................... 25 ... Show more content on Helpwriting.net ...
75.
The learning objectives implicit in the LINKS simulation include the following: Gaining exposure
to all supply chain elements individually and to their associated interactions Appreciating the need
for balance and managing trade–offs in supply chains Experiencing competitive dynamics in an
evolving marketplace Appreciating information flows and integration of information with decision
making Enhancing and encouraging fact–based analysis and decision making Gaining familiarity
with financial statements used routinely in for–profit businesses.
LINKS Overview
"The ability to learn faster than competitors may be the only true sustainable competitive
advantage." – Arie P. De Geus
LINKS is a supply chain management simulation. LINKS encompasses all major supply chain
elements: suppliers, manufacturers, distributors, retailers, and end–users. Firms in LINKS are
responsible for managing product development, procurement (purchasing/sourcing), manufacturing,
distribution and warehousing, transportation, customer service, generate
4
LINKS Supply Chain Management Fundamentals Simulation
demand, forecasting, information technology, and research studies. Traditional financial statements,
various operating reports, and optional research studies provide an information–rich environment for
LINKS. Information management is important within
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Supply Chain Management Essay
A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different
supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own
stakes in one another as a means of mutual security, especially in Japan, and usually including large
manufacturers and their suppliers of raw materials and components. There are two types of keiretsu:
vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a
company, for example all factors of production of a certain product are connected. A horizontal
keiretsu shows relationships between entities and industries normally centered on a bank and trading
company. The two are complexly woven together and ... Show more content on Helpwriting.net ...
There could be potentially higher costs due to low efficiencies resulting from lack of supplier
competition. There could possibly be a decreased flexibility due to previous upstream or
downstream investments. The company could incur a decreased ability to increase product variety if
significant in house development is required. The process of developing new core competencies
may compromise existing competencies. I believe vertical integration is the best choice for the
company given its type and the market conditions. I believe the tool company should adopt it,
however constant monitoring of the discussed negative parameters should be done on a quarterly
basis.
Discuss the metrics that should be used to measure performance of the supply chain.
Supply Chain measurements or metrics such as Inventory Turns, Cycle Time, DPMO and Fill Rate
are used to track supply chain performance. Supply chain management metrics can help you to
understand how your company is operating over a given period of time. Supply chain measurements
can cover many areas including Procurement, Production, Distribution, Warehousing, Inventory,
Transportation, and Customer Service any area of logistics. However having good performance in
one part of the supply chain is not sufficient. Your supply chain is only as strong as its weakest link.
The solution is for you to focus on the key metrics in each area of your
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Hospital Supply Chain Management
Supply Chain 1
I Care Healthcare Supply Chain Management
By
Jeffrey S. Moser
Operations Management MGT 554
Professor Stephen Wernick
October 12, 2004
Supply Chain 2
Supply Chain Management plays a vital role in our hospitals today. With the growing cost of
healthcare and new technologies, it is vital for hospitals to run as efficiently as possible and without
jeopardizing care. To the materials manager and to the financial minds of a hospital the area of
supply chain is a tedius task at best, the kind of planning, strategizing and measuring that seldom
goes recognized and rewarded. The work involved with inventory control fits tightly within that
description.
In many hospitals today, it is easy for inventory control to go astray and ... Show more content on
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Until that time comes, if ever, there needs to be another solution.
There is no quick fix, but I will start with a list of criteria that will help us better control I Cares
inventory, understand what is being spent, where it is being spent and areas where we can cut costs
on supplys, which according to ASCET (Achieving Supply Chain Excellence through Technology)
makes up between 25 and 30% of a hospitals operating costs.
1. Understand your spend. Knowing exactly what you are keeping in inventory, where it comes
from, and how it's received, handled and stored is critical to inventory reduction efforts. There are
many programs that can gather and track this data, but technology is an enabler –– not a solution.
There must still be business processes in place to analyze this data to make it worthwhile.
2. Rationalize SKUs. This requires data about what SKUs are being used, by whom, and for what.
This is the biggest challenge, but armed with this information, you'll be able to impact inventory
levels, SKU proliferation, leverage substitutes and alternates –– or even the need to stock certain
materials at all.
3. Leverage key strategic partners/distributors for information and just–in–time services which will
substitute inventory stockpiles. This means you get only what you need. And, should you need more
of a product on occasion, you know exactly where to find it.
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Supply Chain Management Of Zara
About Supply Chain Management (SCM)
Supply chain management (SCM) is the maximization of customer value and effective management
of supply chain activities to ensure a sustainable competitive advantage. Supply chain firms strive to
develop and manage their supply chains as efficiently as possible. Supply chain activities include
everything from product development, procurement, production and logistics to all the information
systems necessary to coordinate these activities.
About ZARA
Zara, fashion brand and fashion chain stores founded by Amante Ortega by Inditex Spanish group in
1975. In the last two decades Zara has overthrown his profits and treasures, and now he has been
ordered. He's the third largest retailer in the world. There are 3,000 in–house designers in A Coruna
region of Spain who design 40 000 products per year and only 10,000 of them are selected for
production. The company distributes 450,000,000 products annually with 1,770 stores in 86
countries. Unlike their counterparts, more ... Show more content on Helpwriting.net ...
This resulted in close communication between the customers and the designers, and the ability to
ship the required items within one week by catching the sales pitch. All this proved that ASC is why
competition between organizations has improved. The supply chain is not in a translated agile
process of Zara, but in fact the whole organization is agile and very efficient. Using quick response,
Zara aims to reduce both the excess inventory consistency in the supply chain and the risk
associated with the forecast, as product specifications are not finalized until the point of delivery. As
Zara's success rate increases, customer satisfaction increases, market opportunities increase, total
risk decreases, and total costs decrease it can be concluded that simultaneous success can be
achieved by ensuring that many advantages are
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Supply Chain Management
Logistics as be defined by the Council of Supply Chain Management Professionals is the process of
planning, implementing, and controlling procedures for the efficient and effective transportation and
storage of goods including services, and related information from the point of origin to the point of
consumption for the purpose of conforming to customer requirements. This definition includes
inbound, outbound, internal, and external movements (Vitasek, 2013). Reverse logistics (RL), can
happen at any point within the supply chain, so therefore, RL can be defined as the process of
planning, implementing, and controlling the flow of raw materials, in–process inventory, finished
goods and related feedback from the point of consumption, the customer, to the point of origin for
the purpose of either disposal, refurbishing, reuse, or reallocation in a cost effective manner to
recapturing value.
RL has become increasingly important in the logistics community and in the United States Army it
has become one of the most important actions that supply chain managers perform. Civilian and
military logistics have the share same baseline methodology, however, the focus on logistics and
supply chain efficiency in the military has recently gained the appropriate level of importance. The
Army, in recent years has realized that focusing on RL saves money and keeps a very large
organization with an extensive supply chain moving. This paper examines the U.S. Army's RL
policies and
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An Effective Supply Chain Management
Introduction
An effective supply chain management is critical to success in today's business environment where
competition, risk and uncertainty are challenging. Ahenkora and Peasah (2011, p.278) state that 'the
need to deliver on clear strategic choices in today's hypercompetitive business and uncertain
environment is greater than ever'.
Electrolux, one of the major players in the home appliances industry, has modified its strategy over
the years, adapting its business to new business requirements and customers' expectations, allowing
the company to work towards its vision to be the best appliance company in the world as measured
by customers, employees and shareholders. Electrolux sources its supplies from different countries,
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1 Electrolux group
Swedish based, 'Electrolux has been doing business since 1919. Today, the company is a global
leader in home appliances, selling more than 50 million products to customers in 150 markets every
year' (Electroluxgroup.com, 2015). Its business includes the Major Appliances (refrigerators,
cookers, dishwashers, washing machines & dryers), Small Appliances (Vacuum cleaners &
accessories) & Home Comfort products (air conditioners, water heaters and heat pumps). Electrolux
is the main trading brand; however, the range includes Westinghouse, Zanussi, Eureka, Frigidaire,
AEG, among others.
2 Description and analysis of Electrolux supply chain and logistic systems
Electrolux's strategy is focus on what gives a differential advantage from its competitors, its "core
business". To do so, Electrolux changed from producing their own components to outsource the
majority of them, moving towards an assembly of the finished products. Without doubt, this has
many implications for the supply chain and logistics management, not the least being the challenge
of integration and coordination of the flow of materials from a multitude of suppliers from offshore
and similarly managing the distribution of the finish goods by way of multiple intermediaries.
To put Electrolux logistics system in perspective, please refer to the below picture, where only one
part of Electrolux business supply chain: Major appliances, is summarised.
Figure 1: Electrolux major appliances
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Supply-Chain Management
"SUPPLY–CHAIN MANAGEMENT" 1. GLOBAL COMPANY PROFILE:
VOLKSWAGEN 'S RADICAL EXPERIMENT IN SUPPLY–CHAIN MANAGEMENT
Volkswagen 's major suppliers are assigned space in the VW plant, but supply their own
components, supplies, and workers. Workers from various suppliers build the truck as it moves
down the assembly line. Volkswagen personnel inspect.
Volkswagen plant, however, VW is buying not only the materials but also labor and the related
services. Suppliers are integrated tightly into VW 's own network, right down to the assembly work
in the plant.
Because purchase costs in the auto industry exceed to 60% of the sales dollar, even modest
reductions in these costs could make Volkswagen's payoff substantial. The results are not ... Show
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OUTSOURCING
Transfer some of what are traditional internal activities and resources of a firm to outside vendors,
making it slightly different than the traditional make–or–buy decision. Outsourcing is part of the
continuing trend toward utilizing the efficiency that comes with the specialization. The vendor
performing the outsourced service is an expert in that particular specialty, and the outsourcing firm
can focus on its critical success factors – its core competencies.
5. SUPPLY–CHAIN STRATEGIES
For goods and services to be obtained from outside sources, the firm must decide on a supply–chain
strategy. One such strategy is the approach of negotiating with many suppliers and playing one
supplier against another. A second strategy is to develop long term, "partnering" relationships with a
few suppliers to satisfy the end customer. A third strategy is vertical integration, where firms may
decide to use vertical backward integration by actually buying the supplier. A fourth variation is a
combination of few suppliers and vertical integration, known as keiretsu. In a keiretsu, suppliers
become part of a company coalition. Finally, fifth strategy is to develop virtual companies that use
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Essay on Supply Chain Management & IT
Supply Chain Management & IT
Introduction
Supply Chain Management (SCM) has become such an integral and essential part of every day
business that entire fields of major are dedicated solely to it. SCM, pioneered by Wal–Mart, has
grown in the last few years to include not only the management of the physical aspects of SCM, but
also the electronic components, such as the Internet and many SCM tools, for instance SAP.
Inventory being held across the retail supply chain at any one time amounts to $1 trillion, according
to a report by Benchmarking Partners, based on U.S. Dept. of Commerce data. The Cambridge,
Mass.–based consulting firm estimates 15 percent to 20 percent of those inventories ($150 billion to
$200 billion worldwide; $40 ... Show more content on Helpwriting.net ...
Effective supply chain management can impact virtually all business processes, leading to
continuous improvements in areas such as data accuracy, reductions in operational complexity,
supplier selection, purchasing, warehousing, and distribution. Other benefits include:
Improved delivery performance–quicker customer response and fulfillment rates Greater
productivity and lower costs Reduced inventory throughout the chain Improved forecasting
precision Fewer suppliers and shorter planning cycles Improved quality and products that are more
technologically advanced Enhanced inter–operational communications and cooperation Shortened
repair times and enhanced equipment readiness More reliable financial information. Impact of
Supply Chain Management
Information and communications technologies are revolutionizing the scope and scale of e–supply
chain infrastructures. Online data exchange is transforming business practices, allowing managers to
capture and track complex data more effectively. Orders and various products related to that order
can easily be traced. It also is possible to exchange information among entities within the value
chain, thus greatly improving customer–provider relationships.
It is important that systems be designed to enhance open and rapid communication
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Supply Chain Management..
SUPPLY CHAIN MANAGEMENT:
IMPLICATIONS FOR SMALL AND RURAL
SUPPLIERS AND MANUFACTURERS
Christy Geiger
Joel Honeyman
Frank Dooley
Upper Great Plains Transportation Institute
North Dakota State University
Fargo, ND 58105
March 1997
Disclaimer
The contents of this report reflect the views of the authors, who are responsible for the facts and the
accuracy of the information presented herein. This document is disseminated under the sponsorship
of the Department of Transportation, University Transportation Centers Program, in the interest of
information exchange. The U.S. Government assumes no liability for the contents or use thereof.
TABLE OF CONTENTS
EXECUTIVE SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . ... Show more content on Helpwriting.net
...
. . . . . . . . . . . . . . . . 17
APPENDIX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
EXECUTIVE SUMMARY
Supply chain management is a major concern in many industries as companies realize the
importance of creating an integrated relationship with their suppliers and customers. Managing the
supply chain has become a way of improving competitiveness by reducing uncertainty and
improving service. One aspect of successfully managing the supply chain requires that a company
understand their logistical strategies and practices.
Personal interviews with logistics managers employed by firms from the Twin Cities Round Table
suggest the following issues are important to supply chain management.
C
Firms believe supply chain management is a fundamental change in industry.
C
Six characteristics define current supply chain management philosophy.
1. Shared Information
2. Organizational Relationships
3. Inventory Management
4. Total Pipeline Coordination
5. Firm Flexibility
6. Costing Issues
C
There are three major reasons for establishing supply chains.
1. To reduce inventory investment in the chain
2. To increase customer service
3. To help build a competitive advantage for the channel
C
Information is crucial and drives the entire supply chain system.
C
Third parties are becoming popular and will continue to be important for having a cost
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Logistics and Supply Chain Management
Executive Summary
In today's rapidly changing business environment, ever–greater demands are being placed on
business on every industry, such as to provide products and services quicker, with greater added
value, to the correct location, with no relevant inventory position, etc. However, customers are more
sophisticated by wanting more quality, design, innovation, choice, convenience and service, and
they want to spend less money, effort, time and risk. Hence, every business has to deal with highly
competitive situation in order to survive; Supply Chain Management (SCM) becoming the main
topic for improving efficiency and satisfy customer's need.
The supply chain of a company consists of different departments, ranging from ... Show more
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This service area leverage IBM 's strength and experience in procurement to enable IBM's clients to
better manage their enterprise spend. The IBM supply chain management services comprise a full
range of procurement offerings, including:
1.) Procurement strategy and opportunity assessment – Centralize the strategic sourcing and enable
association such as spend analysis, process re–design and governance and compliance. Its deliver
assignments focused on:
– Procurement strategy
– Opportunity assessment
– Accelerated sourcing
– Process reengineering
– Strategic sourcing
– Supplier relationship management
2.) Strategic sourcing – Analysis and prioritization of key commodities for:
Aggregation of spend and contract leverage to identify optimal spend strategy
Implementation of governance and controls to realize the identified savings
3.) Application implementation – For e–procurement and return on investment or benefits
realization:
– Package selection
– Software integration
– Content management
– Supplier management
It is also an integration partner for Ariba, SAP, Oracle, i2 and Perfect Commerce.
4.) Managed solutions
– Procurement business transformation outsourcing
– Packaged services and technology for procurement services
5.) IBM Leveraged Procurement Services – This is part of
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Supply Chain Management Essay
Chapter Review 1–3 Principles of Supply Chain Management, 3ed Wisner, Leong, Tan 2012
Chapter Review 1–3 Chapter One: Introduction To Supply Chain Management A Supply Chain is
the steps necessary for a manufacturer to procure materials, build a product, and transport the
product to consumers. The consumers buy the products based on a combination of cost, quality,
availability, maintainability and reputation factors. They hope these products will live up to their
needs and expectations. An example of a supply chain that I was involved in while serving in the Air
Force would be when I worked in the Supply Squadron. One of our customers, the jet engine
maintenance shop, would need a part to repair and F101 engine for use on a ... Show more content
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This is also likely to lower raw material inventory and total assets. E–Procurement brought many
benefits to companies. It has proven to be a time saver and cost effective. It is more accurate as the
information is only entered once instead of twice. Before the users had to enter the information and
the buyer had to reenter the information creating another error point in the process. E–procurement
is more flexible as it can be used without the restrictions of location or time of day. Status of orders
can be looked at without having to check paper trails. There are different reasons why a firm may
use a single supplier instead of favoring multiple suppliers. Using a single supplier gives a firm the
chance to build a stronger relationship with the supplier. Costs would be lower due to larger
purchases keeping the cost per unit down and transportation would be cheaper as the firm can take
advantage of full truckloads. Single sourcing would also make sense if the firm's requirements are
too small. It would not be worthwhile to split the order among multiple suppliers. There is a
disadvantage with sole sourcing as well. If the purchase was for a proprietary product or process and
the supplier holds the patents to them, the firm has no choice but to buy from them. Multiple
sourcing is advantageous for many reasons. If the demand is greater than the capacity of a single
supplier,
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Supply Chain Management Of Supply Chains
Introduction
With the acceleration of global economic integration, the 21st century has become the century of
competition in the supply chain, not just a simple competition between enterprises. In order to win
the competition in the supply chain, which means it must be through the management of the supply
chain. Currently supply chains become more integrated, more global, the high–speed development
of information technology has become an important driving force. In this report will explore the
development of supply chain management technologies and important role.
Supply chain and technologies role
Supply chain is the logistic network among suppliers, manufacturing centers, warehouses,
distribution centers, retail and customers. It is about the flow and inventory of raw materials,
manufactured goods and fished goods. The core logistics supply chain management is to satisfy
customer needs. In order to meet requirements it is necessary to minimize enterprises operating cost.
It can make enterprises more competitive, and is the key point of success supply chain management.
However due to the supply chain simultaneously connect suppliers, manufacturers, distributors and
even customers, is a complex network, each link have hidden many risks, is easily affect the supply
chain companies. Therefore, the use of the necessary control measures to ensure the smooth
operation of the supply chain become preconditions to earn profit.
In order to achieve a success supply chain must to be
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Supply Chain Management
Supply Chain Management of J C Penney in perspective of APL Logistics Ltd. 1.0. Introduction
Internship report is a mandatory requirement of the Bachelor of Business Administration degree of
BRAC University. This report has been designed to portray my on the job internship with APL
Logistics from the period of January to April, 2007. Being a Customer Service Representative of
APL Logistics Limited, I had the opportunity to get attached with the supply chain or logistics
management department. During my attachment with the logistics department, I accumulated as
much knowledge as possible about the working procedure of this operation department of the
company. In the internship report I will try to depict the whole procedure of a ... Show more content
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Trident started as an agent for APL which is now known as American President Line. Now APL has
a direct office which is operated by South Asia President. 3 4.0. Services In today 's global
marketplace, Manufacturer needs a logistics partner who can connect far–flung suppliers, vendors
and customers. One who spans continents, currencies and customs. APL Logistics is that partner.
The objective of this part is to define the service offering of APL Logistics and illustrate with
examples how those apply to our operations and are made in the case of supply chain offerings. 1)
Transportation Management Services (TMS): § § § Definition: Movement of domestic freight
(defined as within the continent – AsiaMiddle East, Americas, Europe). In other words the land
transportation originates and terminates within the continent. Intermodal, truck or rail. Examples:
include truck brokerage, inter–modal management services (IMS/AUTO), and freight management
operations. These are the APLL US/Mexico operations. Exceptions: 1) Dedicated contract carriage
or distribution services that are integrated with a WMS facility, 2) When the movement is the
origination or termination of an international movement under the control of APLL, which can be
covered by either a) Ocean B/L, b) Air B/L or c) international FF/broker movement. Cross Dock
Facility/Factory/Dist Cntr
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Supply Chain Management: The Philosophy Of Supply Chain...
Supply Chain Management (SCM) represents the end to end value chain of a business from
production to after–sales service. According to Schulz, a well–managed supply chain should be
market focused, stating that the supply chain should strongly represent the market needs and "what
solutions consumers are looking for, not the product we are trying to sell them". However is the
philosophy of SCM merely just a new supply chain thinking approach to older existing SCM
practice? For example, Quality Management which is deeply rooted in the concept of SCM although
not in self–new, has evolved over time, and is based upon the concept of having total commitment to
everyone is the supply chain to deliver quality service/products to both the internal and ... Show
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The key benefit of this is to deliver superior value to the target market and while doing so, sustain
competitive advantage in the market place. Marketers tend to focus on the customer end of the value
network , developing important customer relationship management practices , with the view to
incorporating the needs of the customer into the product /service benefits.
However managing the supply chain or value network requires increased financial and human
resources and businesses need to be confident that they will receive a future return on their
investment . This is particularly more relevant to the development of smaller enterprises due to their
resource constraints.
Supply chain management (SCM) is based on the philosophy that firms operating in a supply chain
are oriented to the provision of goods and services for the 'final customer' (Lambert and Cooper,
2000) . The literature strongly suggests that that cohesive collaboration in the supply chain can
provide important benefits such as added value, efficiencies and client satisfaction (Stock, Boyer
and Harmon,
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Supply Chain Management
SUPPLY CHAIN UPPLY HAIN MANAGEMENT ANAGEMENT
Report produced for the EC funded project INNOREGIO: dissemination of innovation and
knowledge management techniques
Sotiris Zigiaris, MSc, BPR engineer by BPR HELLAS SA
J
A N U A R Y
2 0 0 0
SUPPLY CHAIN MANAGEMENT
1
Contents 1
1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.2
Description
What is the Supply Chain Management (SCM) What is the importance of Supply Chain
Management Supply Chain Management Today Supply Chain Management Tomorrow The Supply
Chain Management Pipeline Objectives of the Supply Chain Management
1.3 Supply Chain principles/ Methodology and Solutions 1.3.1 Supply Chain Principles 1.3.2
Methodology of a Supply Chain Management project–solutions 1.4 ... Show more content on
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Morehouse of A.T. Kearney calls the extended supply chain. "The goal of the extended enterprise is
to do a better job of serving the ultimate consumer,". Superior service, he continues, leads to
increased market share. Increased share, in turn, brings with it competitive advantages such as lower
warehousing and transportation costs, reduced inventory levels, less waste, and lower transaction
costs. The customer is the key to both quantifying and communicating the supply chain 's value,
confirms Shrawan Singh, vice president of integrated supply–chain management at Xerox. "If you
can start measuring customer satisfaction associated with what a supply chain can do for a customer
and also link customer satisfaction in terms of profit or revenue growth," Singh explains, "then you
can attach customer values to profit & loss and to the balance sheet."
INNOREGIO project
S. Zygiaris, Msc, BPR Engineer BPR Hellas SA
SUPPLY CHAIN MANAGEMENT
3
1.1.1 What is the importance of Supply Chain Management In the ancient Greek fable about the
tortoise and the hare, the speedy and overconfident rabbit fell asleep on the job, while the "slow and
steady" turtle won the race. That may have been true in Aesop 's time, but in today 's demanding
business environment, "slow and steady" won 't get you out of the starting gate, let alone win any
races. Managers these days recognise that getting products to customers faster than the competition
will improve a company 's
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Supply Chain Management
STARBUCKS & IT SUPPLY CHAIN MANAGEMENT This is a case that illustrates several facets
at once: Globalization & Rapid Expansion, Supply Chain Management, ERP Implementation, and
IT Infrastructure. This case takes place in 1997. Introduction You have to admire the enthusiasm of
Starbucks employees. Store managers have been known to stuff sacks of coffee beans into their cars
and race over to help out other stores running low. Exceptional customer service, but certainly no
way to run a business – especially one that 's growing as quickly as Starbucks that is trying to make
inroads around the globe. "With over 2,000 stores, you can 't have 2,000 people running with coffee
in their trunks," says Tim Duffy, director of supply chain systems ... Show more content on
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TBD TBD TBD TBD TBD = To be determined Point & Counterpoint Product Function Forecasting
Supply chain planning Finite Capacity Scheduling Production Activity Control Order Processing
Data Warehouse for sales and operations Transportation Planning Purchasing Warehousing /
Distribution SkuPlan Materials planning, deployment, Distribution planning, Manufacturing
planning Schedule X GEMMS System ESS TBD TBD TBD TBD Although the project is taking
longer than anticipated, Duffy hammers home the point that "we deliver something every 6 to 9
months. We have an overall vision that has been sliced into phases". Duffy implies that ERP
implementations are late and often deliver less than promised. For a fast growing company, even
putting a single ERP system in place in three years would have been a pretty average time," says
John Bermudez, IT Supply Chain consultant. Ann Grackin, a high ranking supply chain IT
consultant, somewhat agrees. She notes that most users typically take a hybrid approach, purchasing
an ERP system as a vine, and then hanging specific supply chain software onto it. Companies
pursuing best–of–breed projects face the migraine–inducing process of juggling new versions of
each of their applications. It can be a political nightmare because certain departments may need a
new version of an application, while those that don 't could resent having to go through the upgrade
process, says Grackin. Duffy concedes that "the challenge is managing
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Questions On Supply Chain Management
Contents Introduction..................................................................................................................3
Supply Chain Management..........................................................................................3 RFID– Radio
Frequency Identification..........................................................................4 Types of
RFID's...............................................................................................................5
History..........................................................................................................................5 Barcodes &
RFID..........................................................................................................6 Supply Chain &
RFID...................................................................................................7 Applications of
RFID's.....................................................................................................................7 Barriers in
adoption of RFID's....................................................................................8 Conclusion & Way
forward.........................................................................................9
Bibliography.................................................................................................................9 ... Show more
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One such technology is RFID (Radio Frequency Identification). RFID technology is a means of
gathering data about a certain item and doesn't need to physically in line of sight or touch of the data
reader. It uses inductive coupling or electromagnetic waves and allows Automatic Identification and
Data Capture (AIDC). This technology has unlimited possibilities for connected devices around us
right from goods, animals, gates, containers, machines even human are tagged through RFID's.
(ILIE–ZUDOR, 2006) Types of RFID's– The various types of RFID's are: 1. Passive: No battery and
internal power supply, compact, store very small amount of data, cheapest form of RFID, read–only,
writes only once. Also called as 'Pure passive', 'reflective' or 'beam powered'. 2. Semi–Passive:
batteries to run chip's circuitry, communicate by drawing power from reader. Faster as compared to
Passive RFID's. 3. Active: Powered by internal battery, provides longer range, expensive batteries
last about 10–15 years, powerful and can function against interferences such as radiation, water,
electric shock etc. (ILIE–ZUDOR, 2006) History Long history of RFID can be briefed in the
following figure: (Huntley, 2004) Further development happened during 2003 to 2008 and can be
summarized as below: (IDC,
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Logistic and Supply Chain Management
RMIT INTERNATIONAL UNIVERSITY VIETNAM
Introduction to Logistic and Supply Chain Management Individual Case Study
NAME: Tran Thi Kim Mai
ID Number: s3231137
LECTURE: JAMIE CALBETO–Group 10
Bachelor of Commerce Program
ASSIGNMENT COVER PAGE
Your assessment will not be accepted unless all fields below are completed
Subject Code: OMGT2085
Subject Name: Introduction to Logistics & Supply Chain Management
Location where you study: RMIT Vietnam – SGS
Title of Assignment: Individual Case Study
File(s) Submitted 1
Student name: Tran Thi Kim Mai
Student Number: s3231137
Student Email Address: s3231137@rmit.edu.vn
Learning Facilitator in charge: Jamie Calbeto
Assignment due date: 12 December 2010 ... Show more content on Helpwriting.net ...
The inbound start from the suppliers to manufacture and the out bound begin from warehouses to
end users.
Level M?MA Main Players Role in the supply chain
1 Flowers
Plastic
Wax, oil, and antioxidants
Minerals, Vitamins Supplying flavors to manufacturer
Supplying box containing for cosmetic products
Lipsticks
Powder makeup
2 Manufacturer in Binh Duong province, Ho Chi Minh City Collecting all raw materials to the
manufacturer.
With a process of measuring, checking and testing seriously to make a perfect final product.
All finished products are transported and kept in the warehouse Warehouse in Ho Chi Minh City
Warehouse in Hanoi Maintaining and keeping the products in a best condition before delivering
them to the distributors.
3 Distributors The middle channel which expands the products to other cities in Vietnam
Though distributors, the products are allotted to customers by retailers and wholesalers
4 Super Markets
Department stores
Boutique shops
Hair Salon Chains
Malls and Shopping plazas A system of wholesalers and retailers, which provide the products
directly to the end users–customers.
SWOT Analysis
Strength
With a transportation based 3PLs
Reduce the cost of investment on transportation and the order cycle time
Raw materials are in high quality
Raw materials are imported from other countries (USA, Philippine)
Local supplies
Reducing the order
... Get more on HelpWriting.net ...
Supply Chain Management: Glaxo Smith Kline: Supply Chain...
Glaxo Smith Kline Report Supply Chain Management Group Members: 1. Adil Saeed Butt 2. Imran
Alam 3. Basit Zahid 4. Anum Shah INTRODUCTION: Glaxo Smith Kline (gsk) is highly
committed in term of satisfying patients needs and prosperous Multinational organization .Today
GSK is one of the leading pharmaceutical company having 74 sites in 33 countries with around
30,000 employees.GSK first its start operations in Pakistan on January 1st ,2001.Today GSK is
standing as largest pharmaceutical company in Pakistan. GSk as an leading company having a
mission to provide quality product to their patients tat help them to cope over the problem that they
are facing and live healthy live. Historical Background: In early 80's. Two companies with the name
Glaxo and Smith Kline were functioning as individual entity but latter on merged by their owner and
the first CEO was going to be Jan Leschly, since now we are observing these to companies growing
together as GSK. ... Show more content on Helpwriting.net ...
Strategic development, operations, and customer engagement are based on our values of Patients
Focus: To give care that is respectful to patients needs, and values, and ensuring patient needs' that
guide all research decision." Transparency: Make the best medicine with best concern which serves
best to our valuable patients. Transparency in every step of is highly important as any mistake either
willing or unwilling can take a human life
... Get more on HelpWriting.net ...
Supply Chain Management Essay
Supply Chain is a system of organizations, people, activities, information and resources related to
the transfer of products or services from suppliers (supply chains) to customers. Supply chain
operations involve converting natural resources, raw materials and components into a finished
product to be delivered to the end customer. In complex supply chain systems, the products used can
re–enter the supply chain at any point where the residual value can be recycled. Supply chain links
the value chain. Supply chain management includes all planning and management related to supply,
procurement, conversion, and logistics management activities. Equally important is that it also
involves coordination with partner channels such as vendors, intermediaries, third–party service
providers, and customers. Essentially, supply chain management integrates supply and demand
management within and outside the company. Supply chain management is an integrated function
with the primary responsibility for connecting the core business functions and business processes
within companies into a high–performance and engagement business model. It covers all of the
logistics management activities outlined above, as well as manufacturing activities, and it promotes
collaborative processes and activities with marketing, sales, ... Show more content on
Helpwriting.net ...
Difference between Logistics and Supply Chain Management: Logistics involves activities that
occur within the scope of an individual organization, which focuses on interest in activities such as
purchasing, distribution, warranty, etc. Supply chain management involves systematically involving
companies and incorporating activities to deliver products to the market. It is also part of the supply
chain. Include all logistics issues but add other activities like marketing, new product development,
finance and customer service. Is a cross–cutting activity throughout the entire manufacturing
... Get more on HelpWriting.net ...
Advantages Of Supply Chain Management
Gaining Competitive Advantage through Operations and Supply Chain Management
Abstract
Effective supply chain management (SCM) has evolved as an essential prerequisite of securing
competitive advantage and boosting organizational performance as supply chain is an integral part
of the organization. This article covers the seven most popular SCM practices (Strategic Supplier
Partnership, customer relationship, level and quality of information sharing, demand management,
procurement, inventory management,) and describes how SCM can give a company competitive
edge and improved performance.
Making Supply Chain Management a competitive advantage:
Successful SCM involves the above factors:– Strategic Sourcing/ Strategic Partnership:
Collaboration ... Show more content on Helpwriting.net ...
Walmart stocks products made in more than 70 countries and has more than 11,000 stores in 27
countries with an average of $32 billion in inventory. As per SCM experts, this is one of the history's
greatest operational and supply chain triumphs. Walmart's supply chain strategy is committed to its
mission of driving costs out of supply chains to enable consumers to save money and live better.
Walmart became synonymous with the concept of supply chain management by implementing its
well thought strategy in a phase wise manner.
At first, Walmart set goal to provide customers the goods they wanted whenever and wherever they
wanted them.
Then it shifted focus to develop cost structures that allowed it to offer low prices every day.
Finally, it concentrated on developing a more structured and advanced supply chain management
strategy to exploit the competitive advantage and secure market leadership position.
Walmart had designed its supply chain strategy and executed it by aligning with the business
strategy.
Fewer Links In The Supply
... Get more on HelpWriting.net ...

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Walmart-Supply Chain Management

  • 1. Walmart-Supply Chain Management "A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers." Ganeshan and Harrison Supply chain provides a vital link between suppliers and customers. It involves meeting customers' requirements in terms of time, quality and quantity. It helps to optimize design, planning, production, delivery of materials and other resources used in manufacturing and production. The main aim of the study was to investigate and analyze the ways in which the inventory management of Wal–Mart helps in its working. Hence, the author deeply analyzed and ... Show more content on Helpwriting.net ... Wal–Mart has a competitive advantage and maintains one of the lowest expense structures in retail due to a centralized IS with homegrown, common source codes, says Kevin Turner, former Communication Information Officer (CIO). FORTUNE's annual ranking of America's largest corporations Rank Company Revenues ($ millions) Profits ($ millions) 1 Wal–Mart Stores 288,189.0 10,267.0 2 Exxon Mobil 270,772.0 25,330.0 3 General Motors 193,517.0 2,805.0 4 Ford Motor 172,233.0 3,487.0 5 General Electric 152,363.0 16,593.0 6 ChevronTexaco 147,967.0 13,328.0 7 ConocoPhillips 121,663.0 8,129.0 8 Citigroup 108,276.0 17,046.0 9 American Intl. Group 98,610.0 11,050.0
  • 2. 10 Intl. Business Machines 96,293.0 8,430.0 Source: From the April 18, 2005 issue, www.fortune500.com Figure 3: Fortune's 2005 annual ranking of America's largest corporation Inventory management Wal–Mart, pioneer in the inventory management, since 1990s, has reduced its overall cost structure, enhanced supply chain efficiency and increasing customer service. In order to continuous improve its receiving and shelving ... Get more on HelpWriting.net ...
  • 3.
  • 4. Logistics And Supply Chain Management Logistics and supply chain management is an important aspect of a firm's strategy for the business to achieve success by creating value throughout the logistics and supply chain. The research paper will outline the concepts that are involved in creating the logistics and supply management framework. The logistics and supply chain management strategies will drive success for the company towards fulfilling and supporting customer needs, procurement and manufacturing operations of the firm. This research project is significant and important because it will allow the company to identify gaps in the supply chain as well as opportunities to improve on the logistics and supply chain. The complete operation of the firm is integrated from acquired ... Show more content on Helpwriting.net ... John's, NL and operates out of 10,000 square foot building. The building consists of manufacturing plant, warehouse, sales, distribution and corporate office. The building has a top of the line freezer and cooler that is able to store inventory and raw materials. The company manufactures ground beef and cured beef products. The company sells and distributes its products to supermarkets, local food stores as well as direct sale and deliveries to customers from our warehouse and distribution center. The company has approximately sixty members on staff which includes sales, operations and marketing team. DRT Food Manufacturing and Distribution Limited represents 20% of the market. The major categories of our product line include: Cured Navel Beef Cured Pork Riblets Ground Beef DRT Food Manufacturing and Distribution Company is dedicated to providing safe quality beef products to our customers. The manufacturing and distribution arm is totally committed to meeting customer requirements in a fast, efficient and timely manner through our state of the art manufacturing, warehouse and distribution facility. The goal of DRT Food Manufacturing and Distribution Company is to provide high quality product to our customers in an efficient and cost effective manner thereby providing value to our logistics and supply chain. To provide efficient and timely delivery of our products through superior quality customer service at ... Get more on HelpWriting.net ...
  • 5.
  • 6. Benefits Of Supply Chain Management According to Fisher, point of sale scanners is one the strategies which allow companies to capture their customers' voice. Supply chain stages hear the voice from the customers and react to them appropriately using flexible automated warehousing, and rapid logistics through the electronic data interchange. New concepts like lean manufacturing; agile manufacturing among others in partnership with the new technology has been used to improve performance(Ben Naylor, Naim and Berry). Performance of many supply chains has been worse due to quite a number of reasons like rises in price to unprecedented levels has been coursed by adversarial relations between supply chain partners as well as dysfunctional industry practices such as over reliance on price promotions. Fisher says in his article that there are nice supply chain strategies which should be put in place after the nature of the demand for the product has been known. The following are strategies that are relevant according to the three articles. Functional products are those that are bought at a wide range of retail outlets like grocery stores and gas stations (Lee). For such products they do satisfy basic needs hence they don't change much overtime which provides staple, predictable demand. Innovative products require a different supply chain from that of the low margin functional products. This strategy is very basic because it gives assurance to companies to know that they are taking the right approach. This helps ... Get more on HelpWriting.net ...
  • 7.
  • 8. Supply Chain Management And Distribution Supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials in to intermediate and finished products and distribution of these products to the customers. Supply chain Management (SCM) is the management of flow of information, products and services across a network of customers, organization and supply chain enterprises. It incorporates the development and capacity of raw materials, work–in–progress of stock, and finished products from purpose of origin to purpose of utilization. Interconnected or interlinked systems, channels and hub organizations are included in the vision of items and services required by end users in a supply chain. Supply ... Show more content on Helpwriting.net ... Logistics. Managing nonstop supply of right items, at perfect time from various elements is the test of overseeing supply chain. Information innovation apparatuses has helped retailers in enormously lessening process durations and achieving effectiveness. Operational and quality administration and control activities like JIT, TQM, ZI (0–inventory)ECR (effective customer response) and VMR (vendor managed inventory) all these divided methodologies have now been coordinated inside the space of SCM procedure. Target of SCM is to guarantee achieving right item at perfect spot at ideal time and at the right cost and benefit for the retailers. Information and Product flow from phase of Procurement till completed item reaches to store & customer feedback of information from store to sellers. →→→→→→→→Information→→→→→→ ↓ ↑ Procurement ∞Production∞ Distribution ↓ ↑ Source Make Deliver ↓ ←←←←←←←Information←←←←←←←← The motivation behind supply chain management is to enhance trust and joint effort among supply chain partners, in this manner enhancing stock visibility and the speed of stock movement. Nature of supply chain and logistics e.g. grocery has 1–short life cycle,– seasonal,perishable,2–high ... Get more on HelpWriting.net ...
  • 9.
  • 10. Notes On Supply Chain Management Contents Introduction 2 Supply Chain Management: 2 RFDI– Radio Frequency Identification 3 Types of RFID's 4 History 4 Barcodes & RFID 5 Supply Chain & RFID 6 Applications of RFID's 6 Barriers in adoption of RFID's 7 Future innovative uses 8 Conclusion & Way forward 8 Bibliography 9 RFID: An overview from SCM perspective Introduction With exponentially increasing globalization, industries are facing huge challenges in terms of supply chain management. Everything has to be connected to each other and proper information has to be available to take cost saving decisions. Industries right from retail to manufacturing plants to pharmaceutical sectors to animal habitats to defence industry, what not!!! Every industry needs ... Show more content on Helpwriting.net ... Decisions based solely on sales data without understanding the real time inventory levels and taking supply chain decisions. 3. Level of communications about products is key determinant of success of any supply chain. 4. Proper review of lead times burst capacity, standard capacity & quick turnaround capabilities with their suppliers to ensure suppliers capabilities. 5. Involvement of many companies makes supply chain management very complex. Proper care has to be taken to deal with all the parties involved because failure to implement the same is visible to all trading partners. The complex process can be understood from following picture: RFDI– Radio Frequency Identification To deal with problems posed by supply chain issues, exceptional technologies are needed. One such technology is RFID which is an acronym of Radio Frequency Identification. RFID technology is a
  • 11. means of gathering data about a certain item and doesn't need to see or touch the data reader. It uses the inductive coupling or electromagnetic waves. This technology has unlimited possibilities for connected devices around us right from goods, animals, gates, containers, machines even human are tagged through RFID's. (ILIE–ZUDOR, 2006) Types of RFID's Various types of RFID's– 1. Passive RFID's: No battery and internal power supply system, small, light, stores very small amount of data, the cheapest form of RFID, read only, writes only ... Get more on HelpWriting.net ...
  • 12.
  • 13. Supply Chain Management Enterprise systems can be helpful to solve diverse business problems and optimize numerous processes in commercial organizations. Though the CIO is interested in different types of these systems being used, particular emphasis is placed on Supply Chain Management (SCM), which can be defined as "the management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability" (Baltzan, 2014). In order to profoundly evaluate the impact that these systems can have on different types of organizations, the paper will analyze two case studies, whose objective was to "promote further understanding of this process of adoption and integration of supply chain management ... Show more content on Helpwriting.net ... Organization 2 The second organization, also based in Australia, focuses on design, manufacture and distribution of women's outerwear. Numbering 140 employees, this company annually generates $50,000,000 AUD. The company supplies its products nationally, competing with 3 local and numerous external companies. The company exports 75% of its products overseas with the view of higher profits, though it results in decreased quality control. Problems to be Solved Organization 1 The use of enterprise systems in this organization was motivated with various factors. According to the case study (Sohal, Power & Terziovski, 2002), the organization thus aimed to solve the following business problems: Implementation of the Quick Response (QR), initiated by a major trading partner Reduction of inventories and operational costs to maximize revenue Increasing the company's poor delivery 'in full on time' performance of 5% Improving the efficiency of resource allocation to products Stimulating marketing with differentiators on quality, delivery and reliability Achieving higher compliance with customer requirements Organization 2 The problems faced by the company were restricted to the field of customer satisfaction. As specified in the case study (Sohal, Power & Terziovski, 2002), the only factor that ... Get more on HelpWriting.net ...
  • 14.
  • 15. Supply Chain Management TABLE OF CONTENTS INTRODUCTION.........................................................................................3 WHAT IS SUPPLY CHAIN MANAGEMENT.......................................................4 Three flows of supply chain management......................................................4 FIVE COMPONENTS OF SUPPLY CHAIN MANAGEMENT...................................5 VALUE CREATION THROUGH SUPPLY CHAIN MANAGEMENT..........................6 Three sources of data integration.................................................................7 SUPPLY CHAIN MANAGEMENT SOFTWARE CATEGORIES................................8 TYPES OF SUPPLY CHAIN MANAGEMENT SOFTWARE.....................................8 RFID TECHNOLGY......................................................................................9 Components of RFID..............................................................................9 AN IMPORTANT QUESTION TO ASK BEFORE INSTALLING A SUPPLY CHAIN MANAGEMENT SYTEM...............................................................................10 POTENTIAL PROBLEMS ASSOCIATED WITH IMPLEMENTING A SUPPLY CHAIN ... Show more content on Helpwriting.net ... "Supply chain management includes, but is not limited to, new product development, marketing, operations, distribution, finance, and customer service" (Chopra and Meindl, 2001). The flow of supply chain management can be divided into three main flows; I have outlined it in the diagram below to show how each flow is interconnected to the other. Figure 1. The three flows of supply chain management. As outlined by the diagram above, the supply chain management process contains different flows that work in accordance with each other so that effectiveness can be optimized and maintained. The product flow includes the movement of goods from suppliers and ends up in the hands of the customer. The information flow involves transmitting orders and updating delivery status. The financial flow involves credit terms, payment schedules, consignment and title ownership arrangements. Although the just–in–time system had been around for a while; it was not until the early 1980's when most companies in the United States started to adopt the concept (Mawhinney & Presutti Jr., 2007). Business executives started to recognize the overwhelming potential that effective supply chain management had to offer. Business executives have come to realize that supply chain management can help achieve the businesses objectives on four dimensions – costs, quality, response time and flexibility. Five Components ... Get more on HelpWriting.net ...
  • 16.
  • 17. Supply Chain Management Supply Chain Management (SCM The average company spends nearly half of every dollar it earns on production needs–goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved, directly or indirectly, in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. In the past, companies focused primarily on manufacturing and quality improvements within their four walls; now their efforts extend beyond those walls to influence the entire supply chain including customers, customers' customers, suppliers, and ... Show more content on Helpwriting.net ... It will help us processing the same order at the same time every week or month and saving the process of potential human error as well(Magableh, 2007, 52–66). As a result, using this system would enhance customer satisfaction because we have sufficient items to provide consumers and also increase the sales. In order to make my business succeed that I have to create a suitable competitive advantage to face modern business and keep developing new programs and resources to help in changing marketing conditions. Making Business Decisions I Business is booming. The Broadway Cafe is operating better than ever and you have achieved your goal of driving operating costs down, which helps to drive revenues up. One of your best new products is a small coffee press from China. Customer can create a drawing on a special piece of paper that is sent to China and created as the outside of the coffee press. Customers are ordering the presses for everything from children's drawing for mother's day presents to marriage proposals. You also have many customers participating in the coffee–of–the–month and tea–of–the–month club where they receive two pounds of a unique blend each month from Brazil Beans and China Teas. PROJECT FOCUS: Yesterday, a dock workers union strike began and shut down all of the west coast shipping docks from San Francisco to Canada. Work will only begin when the union agrees to new labor ... Get more on HelpWriting.net ...
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  • 19. Ikea's Supply Chain Management Supply Chain Management in Ikea Ikea is a renowned global furniture retail shop that was established by Kampard Ingvar in 1943(Bartlett, 2006). The business began as a grocery and stationery of mail order and later turned into furniture as its main business. Currently, it has over 292 branches in 34 countries globally. Ikea has been operating on the motto "better life for everyone". Ikea focuses basically on good quality of household furniture and low prices of goods. Ikea strives to build a good social benefits structure and good customer care. Ikea business model Ikea have the product design, development, raw materials, processing, customer service five processes and sales flow. Ikea took control of the sales and product design of the two maximum links, at the same time ensuring service into the sales. Ikea has a comprehensive market survey that is conducted after every three years. The main purpose of the survey is to listen to the customer's opinions regarding the products. Ikea strategy on reducing the cost is based on recycling raw materials to avoid deforestation. With the inception of the new technology, it has resorted to using composite plastics so as to reduce weight and save material with the purpose of increasing the rate of production. Ikea's household products are split into assembly goods with products divided into separate designs and different modules. Ikea's mode of marketing is to hold the psychology of the customer. Ikea does not introduce the ... Get more on HelpWriting.net ...
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  • 21. Supply Chain Management Essays Supply Chain Management (SCM) is the integration of information, technologies and management of key business functions which is linked directly or indirectly and provides services to the same customer. It promotes the flow of products downstream from raw materials to the end consumer and the flow of information upstream from consumer to supplier [1]. In above figure it explains that raw materials is procured and then it goes to the supplier for processing of raw material, suppliers supplies the processed raw materials to the manufactures, producers transform these raw material into finished goods, distributors delivers finished goods, packed materials to customers or retailers and retailers sell that product to consumers. Supply ... Show more content on Helpwriting.net ... Its mission today is to perpetuate the uses of the SCOR model through technical development, research, education and conference events [3]. 2.2. SCOR SCOR is a management tool, spanning from the supplier's supplier to the customer's customer [2]. The Supply Chain Operations Reference (SCOR) is a business process reference model which was developed by the supply chain council (SCC). "The SCOR model is the only supply chain framework that we found that links performance measures, best practices, and software requirements to a detailed business process model" –Logistics Management Institute June 1999 The SCOR–model captures the council's general view of supply chain management. While much of the underlying content of the model has been used by practitioners for many years, the SCOR– model provides a unique framework that links business process, metrics, best practices and technology features into a unified structure to support communication among supply chain partners and to improve the effectiveness of supply chain management and related supply chain improvement activities [4]. The SCOR model was designed to provide companies to communicate, compare and learn from competitors and companies both within and outside of their industry. It not only measures supply chain performance but also effectiveness ... Get more on HelpWriting.net ...
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  • 23. Supply Chain Management in Wallmart P E S INSTITUTE OF TECHNOLOGY BANASHANKARI 3RD STAGE BANGALORE. Term paper submission on "SUPPLY CHAIN MANAGEMENT AT WALL–MART" –SUBMITTED BY SUJAY C 1PB12MBA51 INDEX S.NO DESCRIPTION 1. INTRODUCTION TO SUPPLY CHAIN MANAGEMENT 2. LEVELS OF SUPPLY CHAIN MANAGEMENT 3. HISTORY–WALMART 4. WAL–MART INTRODUCTION AND ITS BUSINESS PROCESSES 5. SUPPLY CHAIN MANGEMENT AT WAL–MART 6. PROCUREMENT AND DISTRIBUTION 7. LOGISTICS MANAGEMENT 8. INVENTORY MANAGEMENT 9. COMPETITIVE ADVANTAGE AND BUSINESS MODELS USED AT ... Show more content on Helpwriting.net ... Air transportation is costly, but fast and reliable. Other modes of transportation may be cheaper, but the sacrifice has to hold inventories due to delays that may occur. If the above decisions are made with careful and strategic thought as well as with concern for integration, the supply chain should be efficient and successful. The complete goal of SCM is to optimize supply chains in an endeavor to provide more accurate and time sensitive information that can be used to improve process times and cut costs. Supply chains have been around for decades and a constantly being improved. The newest opportunity for improvement is the introduction of Radio frequency identification (RFID) tags. RFID technology will provide real–time information that will allow manufacturers to get better readings of customers and markets thus further improving supply chains. RFID will help retailers provide the right products at the right places at the right times. Finally, maximizing sales and profits. Wal–Mart has been leading the charge with RFID technology. Having the largest retailer adopt and begin to use RFID technology has given strong backing to the technology and will only further and quicken the expansion of RFID. They have begun requiring all their major suppliers to implement
  • 24. RFID technology on all products supplied to Wal–Mart. One example of what Wal–Mart has done with SCM and its suppliers is that of its relationship with ... Get more on HelpWriting.net ...
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  • 26. The Supply Chain Management Network Risk Pooling In this economic climate that we find ourselves in at the present time organization is looking for a way to cut cost and save money, at the same time providing the best product that they can provide to their customers. In this highly competitive economic market place their seems to be some many choices for consumers to choose from that they have their pick of the market place. In order fro organizations to keep up with them they have to make sure that they always have the appropriate amount of inventory in stock or they could potentially loose customers to another competitor. This has caused organizations to start to look at their supply chain management network and evaluate how reliable it is and is it performing up to standard or are they loosing customers because their supply chain network is not being properly managed. Supply Chain Management Network (Simchi–Levi, Kaminsky, & Simchi–Levi, 2008) Most supply chain management networks are very basic in it's make up you have a factory or manufacture, a distributor or distribution center, a wholesaler and a retailer. The factory or the manufacture is responsible for making sure that it has enough inventory on hand at all times to supply the distributors that depend on them to keep them supplied with inventory. It is up to the manufacture to make sure that they have the raw materials that they need to product whatever product the distributors are relying on them to provide them. The distributor most ensure that it ... Get more on HelpWriting.net ...
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  • 28. Fender's Supply Chain Management The world's manufacturing leader––Fender Guitar Company which was established in 1946, the full name of Fender Musical Instruments Corporation. In the past 60 years, Fender has become one of the hallmarks of the United States. The contribution of Fender sound's modern music development has already been spread in global and still continuing. Through the first to introduce the commercialization solid electric guitar, produced the first electric bass and numerous classic speaker. The style of Fender musical instruments includes jazz, pop, rock, country music and so on. Everyone from beginners to enthusiasts and even the world–renowned performers all can find the suitable musical instruments for them. Fender intends to position itself in the ... Show more content on Helpwriting.net ... 2003 early, Fender made some adjustment for its family of products Gretsch and started the production and distribution of new Gretsch guitars. 2.3 Fender's new supply chain strategyFender plans to promote their products can be more clearly conveyed. They announced in Feb. 2007 will be to produce a product guide with illustrations of replace the traditional front–line journal of the year. This change in order to give publicity by its supply chain cost considerations, The traditional cost of printing, as well as the most trend copyright convenient substitute for internet magazine, which can solve the printing, distribution, copyright issue of cost and time. The guide contains a set of new Fender product introduction and picture. The new Fender Frontline In–Home will be conveyed to customers the latest products of Fender, and the provision of mail to customers if they need and have registered in the Fender website. This shows that the Fender was constantly improving its customer service systems to optimize their supply chain management. 2.4 Fender's Australia supply chainFender in Australia has a complete supply chain system, but it still has a few aspects need to improve. Fender established more than 92 local authorized dealers in the Australia, 26 in NSW (HREF 2). Fender distributes Recommended Retail Price (RRP) information to all of its ... Get more on HelpWriting.net ...
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  • 30. Strategic Supply Chain Management 1.0 Introduction Supply Chain Management (SCM) is the management and administration of a network of interconnected enterprises involved in the fundamental provision of product and service packages required by end customers. This complex discipline is the systematic and strategic coordination of traditional business functions and the tactics across those business functions within a particular company and across businesses within that company's supply chain. The end effect is improving long term performance of the company, the companies within the supply chain, and the supply chain as a whole for competitive advantage. Keith Oliver, an analyst working for the consulting firm Booz Allen Hamilton, coined the term "Supply Chain Management" in ... Show more content on Helpwriting.net ... It plays a key role in the total SCM functions. At strategic level, purchasing plays a decisive role in decisions on and implementation of business boundaries. It acts as a link between the vendors and the company to get involvement and help of vendors in matters like purchased material specification, matching of lot sizes and transportation packing. E. Selling is the closest link with the demand side of the supply chain. It is directly responsible to help customer know, select, buy, pay for, and take away company's product. These products may be sold to the customers directly or through a distribution network. A sale plays an important part in decision on design of the distribution and is directly involved in its day to day operations. F. Manufacturing represents the core of internal operations of a company. No SCM policies can operate in isolation from the manufacturing activities. Manufacturing supports SCM in many ways like, reducing manufacturing lead times and supplying material closely matched to customer lot size and time requirements. G. Product design has significant impact on efficiency and effectiveness of both supply and demand side of supply chain. In addition the basic quality of the finished product sold to the end user can be improved substantially by better collaboration among channel partners. Supply Chain Management has matured from a compelling method of deriving competitive advantage, to ... Get more on HelpWriting.net ...
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  • 32. Strengths Of Supply Chain Management: Management And... 5.3 MANAGEMENT AND ORGANISATION Evaluation of management and organization is another key component of successful supply chain management. Its key strengths and weaknesses are shown in Table 5–4. Table 5–4: Strengths and Weaknesses: Management and Organization Characteristics Strengths Weaknesses Providing skills and competences  Corporate Omnia initiatives for certain areas (productivity programs, purchasing programs)  Internal education  Improvement culture  Structured education on supply chain management  Knowledge database is missing  Definition of core competences is missing Having metrics  Key metrics in place  Should be better aligned with overall business targets  Target setting not ambitious enough Following design principles ... Show more content on Helpwriting.net ... service level to customers). Table 5–6: Strengths and Weaknesses of Measurement System Key areas Strengths Weaknesses They must be lined to business strategy  Main KPI's are part of yearly planning process  On KPI's is not possible to see to which overall objective they contribute They must be balanced and comprehensive; they need to take into account financial dimension, internal dimension, customer dimension, and innovation and learning dimension  Measurements are financial (e.g. stock levels, logistic costs) and operational (LT, Service level)  Innovation expect and customer aspect is not covered  They are not comprehensive enough  Some of them are very manual Targets must be set on both internal and external benchmarks  Targets are on some KPI's set  Some benchmarks available  In most of the cases they are not set on the base of benchmarks  Some of them are not showing development over ... Get more on HelpWriting.net ...
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  • 34. Adoption Of The Supply Chain Management Adoption of And its future in the "Supply Chain Management" of the organisations? An Individual Research Report Submitted By – SRIJAN CHAKRABORTY GMAY14IBWM061 I. Table of Contents Contents Page No. 1) Introduction 2 2) RFID Explained 2 (i) What is RFID's History? 2 (ii) How RFID changed the way business was done? 2 (iii) What are the issues with RFID? 3 (iv) Will RFID be widespread in future? 6 3) Conclusion 6 4) Bibliography 7 5) Appendices 7 II. Introduction Today every enterprise is working in a dynamic ... Show more content on Helpwriting.net ... III. RFID explained  What is RFID's History? The history of RFID can be traced back to the times of World War–II. However, the first practical application of this technology could be found in USA where Mario W. Cardullo received the first patent for an active RFID tag with rewritable memory on 23rd January, 1973. Further in the 1990's, IBM developed the Ultra–High frequency RFID for Wal–Mart which brought RFID into the commercial sphere. Although Wal–Mart sold the patents to Intermec, Intermec's RFID
  • 35. were installed in numerous applications. But the technology was expensive. Later, Sarma and Brock changed the way how RFID was perceived in the Supply Chain. They turned it into a networking technology by linking the tag to the internet. It was a revolutionary development.  How RFID changed the way Business was done? I. In Manufacturing Processes RFID has helped in:  Less of manual work and costs  Improved visibility and planning In many industries like that of FMCG, by the use of RFID, products can be counted in seconds. This is because RFID tags can be automatically scanned, that too multiple times. Moreover, RFID can be used to optimise production processes, as it can store more information than the traditional Bar Code system. II. In Warehouse Management RFID has helped in:  Getting accurate information in ... Get more on HelpWriting.net ...
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  • 37. Logistics and Supply Chain Management International Logistics Written Assignment Logistics and Supply Chain Management Table of Contents 1.0 Executive Summary 3 2.0 Introduction and Background 4 3.0 Literature Review 5 4.0 Recommendations 8 Reference List 10 1.0 Executive Summary The globalisation of markets has increased customer demand and product differentiation. Higher quality products and shorter delivery times are essential for maintaining customer satisfaction in highly competitive markets like the consumer electronics industry. Consequently, supply chain management is an important process in all businesses, and if managed effectively, can give companies a competitive edge. However, it often ... Show more content on Helpwriting.net ... Mentzer (2004) argues that no matter how large a firm is, in a globalised world, it lacks the total resources and requisites for success. Supply chain management is a complicated process which is enhanced by globalisation and communications technology (Coyle et al. 2008). Many businesses have no experience or expertise in logistics operations (Baxter, 2006). Managing the transition from a 3PL to an in–house operation is a long and challenging process, with little or no external support, and the penalties for mistakes could be extremely high and damaging to the performance of the firm (Baxter, 2006). The time and resources required to set up and manage an in–house distribution centre will likely divert the firm away from its core competencies. More and more activities are being shifted to the warehouse (Maltz & DeHoratius, 2005). Consequently, managing a warehouse is very expensive and requires a significant amount of resources and labor (Feare, 2000). Warehouses of consumer electronics companies have to support highly variable customer demand, therefore the firm will have to rely on temporary workers (Maltz & DeHoratius, 2005). Harry Drajpuch,
  • 38. executive vice president of USCO Logistics, argues that these workers are often less reliable, which will leave the company most ... Get more on HelpWriting.net ...
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  • 40. Supply Chain Management LINKS Supply Chain Management Fundamentals Simulation Revised July 2010 Randall G. Chapman, PhD 2 LINKS Supply Chain Management Fundamentals Simulation Table of Contents Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ............................................................................... 9 Chapter 5: Manufacturing Decisions........................................................................... 17 Chapter 6: Distribution Decisions ............................................................................... 25 ... Show more content on Helpwriting.net ... 75. The learning objectives implicit in the LINKS simulation include the following: Gaining exposure to all supply chain elements individually and to their associated interactions Appreciating the need for balance and managing trade–offs in supply chains Experiencing competitive dynamics in an evolving marketplace Appreciating information flows and integration of information with decision making Enhancing and encouraging fact–based analysis and decision making Gaining familiarity with financial statements used routinely in for–profit businesses. LINKS Overview "The ability to learn faster than competitors may be the only true sustainable competitive advantage." – Arie P. De Geus LINKS is a supply chain management simulation. LINKS encompasses all major supply chain elements: suppliers, manufacturers, distributors, retailers, and end–users. Firms in LINKS are responsible for managing product development, procurement (purchasing/sourcing), manufacturing, distribution and warehousing, transportation, customer service, generate 4
  • 41. LINKS Supply Chain Management Fundamentals Simulation demand, forecasting, information technology, and research studies. Traditional financial statements, various operating reports, and optional research studies provide an information–rich environment for LINKS. Information management is important within ... Get more on HelpWriting.net ...
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  • 43. Supply Chain Management Essay A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own stakes in one another as a means of mutual security, especially in Japan, and usually including large manufacturers and their suppliers of raw materials and components. There are two types of keiretsu: vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a company, for example all factors of production of a certain product are connected. A horizontal keiretsu shows relationships between entities and industries normally centered on a bank and trading company. The two are complexly woven together and ... Show more content on Helpwriting.net ... There could be potentially higher costs due to low efficiencies resulting from lack of supplier competition. There could possibly be a decreased flexibility due to previous upstream or downstream investments. The company could incur a decreased ability to increase product variety if significant in house development is required. The process of developing new core competencies may compromise existing competencies. I believe vertical integration is the best choice for the company given its type and the market conditions. I believe the tool company should adopt it, however constant monitoring of the discussed negative parameters should be done on a quarterly basis. Discuss the metrics that should be used to measure performance of the supply chain. Supply Chain measurements or metrics such as Inventory Turns, Cycle Time, DPMO and Fill Rate are used to track supply chain performance. Supply chain management metrics can help you to understand how your company is operating over a given period of time. Supply chain measurements can cover many areas including Procurement, Production, Distribution, Warehousing, Inventory, Transportation, and Customer Service any area of logistics. However having good performance in one part of the supply chain is not sufficient. Your supply chain is only as strong as its weakest link. The solution is for you to focus on the key metrics in each area of your ... Get more on HelpWriting.net ...
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  • 45. Hospital Supply Chain Management Supply Chain 1 I Care Healthcare Supply Chain Management By Jeffrey S. Moser Operations Management MGT 554 Professor Stephen Wernick October 12, 2004 Supply Chain 2 Supply Chain Management plays a vital role in our hospitals today. With the growing cost of healthcare and new technologies, it is vital for hospitals to run as efficiently as possible and without jeopardizing care. To the materials manager and to the financial minds of a hospital the area of supply chain is a tedius task at best, the kind of planning, strategizing and measuring that seldom goes recognized and rewarded. The work involved with inventory control fits tightly within that description. In many hospitals today, it is easy for inventory control to go astray and ... Show more content on Helpwriting.net ... Until that time comes, if ever, there needs to be another solution. There is no quick fix, but I will start with a list of criteria that will help us better control I Cares inventory, understand what is being spent, where it is being spent and areas where we can cut costs on supplys, which according to ASCET (Achieving Supply Chain Excellence through Technology) makes up between 25 and 30% of a hospitals operating costs. 1. Understand your spend. Knowing exactly what you are keeping in inventory, where it comes from, and how it's received, handled and stored is critical to inventory reduction efforts. There are many programs that can gather and track this data, but technology is an enabler –– not a solution. There must still be business processes in place to analyze this data to make it worthwhile. 2. Rationalize SKUs. This requires data about what SKUs are being used, by whom, and for what. This is the biggest challenge, but armed with this information, you'll be able to impact inventory levels, SKU proliferation, leverage substitutes and alternates –– or even the need to stock certain materials at all. 3. Leverage key strategic partners/distributors for information and just–in–time services which will substitute inventory stockpiles. This means you get only what you need. And, should you need more of a product on occasion, you know exactly where to find it.
  • 46. ... Get more on HelpWriting.net ...
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  • 48. Supply Chain Management Of Zara About Supply Chain Management (SCM) Supply chain management (SCM) is the maximization of customer value and effective management of supply chain activities to ensure a sustainable competitive advantage. Supply chain firms strive to develop and manage their supply chains as efficiently as possible. Supply chain activities include everything from product development, procurement, production and logistics to all the information systems necessary to coordinate these activities. About ZARA Zara, fashion brand and fashion chain stores founded by Amante Ortega by Inditex Spanish group in 1975. In the last two decades Zara has overthrown his profits and treasures, and now he has been ordered. He's the third largest retailer in the world. There are 3,000 in–house designers in A Coruna region of Spain who design 40 000 products per year and only 10,000 of them are selected for production. The company distributes 450,000,000 products annually with 1,770 stores in 86 countries. Unlike their counterparts, more ... Show more content on Helpwriting.net ... This resulted in close communication between the customers and the designers, and the ability to ship the required items within one week by catching the sales pitch. All this proved that ASC is why competition between organizations has improved. The supply chain is not in a translated agile process of Zara, but in fact the whole organization is agile and very efficient. Using quick response, Zara aims to reduce both the excess inventory consistency in the supply chain and the risk associated with the forecast, as product specifications are not finalized until the point of delivery. As Zara's success rate increases, customer satisfaction increases, market opportunities increase, total risk decreases, and total costs decrease it can be concluded that simultaneous success can be achieved by ensuring that many advantages are ... Get more on HelpWriting.net ...
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  • 50. Supply Chain Management Logistics as be defined by the Council of Supply Chain Management Professionals is the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods including services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. This definition includes inbound, outbound, internal, and external movements (Vitasek, 2013). Reverse logistics (RL), can happen at any point within the supply chain, so therefore, RL can be defined as the process of planning, implementing, and controlling the flow of raw materials, in–process inventory, finished goods and related feedback from the point of consumption, the customer, to the point of origin for the purpose of either disposal, refurbishing, reuse, or reallocation in a cost effective manner to recapturing value. RL has become increasingly important in the logistics community and in the United States Army it has become one of the most important actions that supply chain managers perform. Civilian and military logistics have the share same baseline methodology, however, the focus on logistics and supply chain efficiency in the military has recently gained the appropriate level of importance. The Army, in recent years has realized that focusing on RL saves money and keeps a very large organization with an extensive supply chain moving. This paper examines the U.S. Army's RL policies and ... Get more on HelpWriting.net ...
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  • 52. An Effective Supply Chain Management Introduction An effective supply chain management is critical to success in today's business environment where competition, risk and uncertainty are challenging. Ahenkora and Peasah (2011, p.278) state that 'the need to deliver on clear strategic choices in today's hypercompetitive business and uncertain environment is greater than ever'. Electrolux, one of the major players in the home appliances industry, has modified its strategy over the years, adapting its business to new business requirements and customers' expectations, allowing the company to work towards its vision to be the best appliance company in the world as measured by customers, employees and shareholders. Electrolux sources its supplies from different countries, ... Show more content on Helpwriting.net ... 1 Electrolux group Swedish based, 'Electrolux has been doing business since 1919. Today, the company is a global leader in home appliances, selling more than 50 million products to customers in 150 markets every year' (Electroluxgroup.com, 2015). Its business includes the Major Appliances (refrigerators, cookers, dishwashers, washing machines & dryers), Small Appliances (Vacuum cleaners & accessories) & Home Comfort products (air conditioners, water heaters and heat pumps). Electrolux is the main trading brand; however, the range includes Westinghouse, Zanussi, Eureka, Frigidaire, AEG, among others. 2 Description and analysis of Electrolux supply chain and logistic systems Electrolux's strategy is focus on what gives a differential advantage from its competitors, its "core business". To do so, Electrolux changed from producing their own components to outsource the majority of them, moving towards an assembly of the finished products. Without doubt, this has many implications for the supply chain and logistics management, not the least being the challenge of integration and coordination of the flow of materials from a multitude of suppliers from offshore and similarly managing the distribution of the finish goods by way of multiple intermediaries. To put Electrolux logistics system in perspective, please refer to the below picture, where only one part of Electrolux business supply chain: Major appliances, is summarised. Figure 1: Electrolux major appliances ... Get more on HelpWriting.net ...
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  • 54. Supply-Chain Management "SUPPLY–CHAIN MANAGEMENT" 1. GLOBAL COMPANY PROFILE: VOLKSWAGEN 'S RADICAL EXPERIMENT IN SUPPLY–CHAIN MANAGEMENT Volkswagen 's major suppliers are assigned space in the VW plant, but supply their own components, supplies, and workers. Workers from various suppliers build the truck as it moves down the assembly line. Volkswagen personnel inspect. Volkswagen plant, however, VW is buying not only the materials but also labor and the related services. Suppliers are integrated tightly into VW 's own network, right down to the assembly work in the plant. Because purchase costs in the auto industry exceed to 60% of the sales dollar, even modest reductions in these costs could make Volkswagen's payoff substantial. The results are not ... Show more content on Helpwriting.net ... OUTSOURCING Transfer some of what are traditional internal activities and resources of a firm to outside vendors, making it slightly different than the traditional make–or–buy decision. Outsourcing is part of the continuing trend toward utilizing the efficiency that comes with the specialization. The vendor performing the outsourced service is an expert in that particular specialty, and the outsourcing firm can focus on its critical success factors – its core competencies. 5. SUPPLY–CHAIN STRATEGIES For goods and services to be obtained from outside sources, the firm must decide on a supply–chain strategy. One such strategy is the approach of negotiating with many suppliers and playing one supplier against another. A second strategy is to develop long term, "partnering" relationships with a few suppliers to satisfy the end customer. A third strategy is vertical integration, where firms may decide to use vertical backward integration by actually buying the supplier. A fourth variation is a combination of few suppliers and vertical integration, known as keiretsu. In a keiretsu, suppliers become part of a company coalition. Finally, fifth strategy is to develop virtual companies that use ... Get more on HelpWriting.net ...
  • 55.
  • 56. Essay on Supply Chain Management & IT Supply Chain Management & IT Introduction Supply Chain Management (SCM) has become such an integral and essential part of every day business that entire fields of major are dedicated solely to it. SCM, pioneered by Wal–Mart, has grown in the last few years to include not only the management of the physical aspects of SCM, but also the electronic components, such as the Internet and many SCM tools, for instance SAP. Inventory being held across the retail supply chain at any one time amounts to $1 trillion, according to a report by Benchmarking Partners, based on U.S. Dept. of Commerce data. The Cambridge, Mass.–based consulting firm estimates 15 percent to 20 percent of those inventories ($150 billion to $200 billion worldwide; $40 ... Show more content on Helpwriting.net ... Effective supply chain management can impact virtually all business processes, leading to continuous improvements in areas such as data accuracy, reductions in operational complexity, supplier selection, purchasing, warehousing, and distribution. Other benefits include: Improved delivery performance–quicker customer response and fulfillment rates Greater productivity and lower costs Reduced inventory throughout the chain Improved forecasting precision Fewer suppliers and shorter planning cycles Improved quality and products that are more technologically advanced Enhanced inter–operational communications and cooperation Shortened repair times and enhanced equipment readiness More reliable financial information. Impact of Supply Chain Management Information and communications technologies are revolutionizing the scope and scale of e–supply chain infrastructures. Online data exchange is transforming business practices, allowing managers to capture and track complex data more effectively. Orders and various products related to that order can easily be traced. It also is possible to exchange information among entities within the value chain, thus greatly improving customer–provider relationships. It is important that systems be designed to enhance open and rapid communication ... Get more on HelpWriting.net ...
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  • 58. Supply Chain Management.. SUPPLY CHAIN MANAGEMENT: IMPLICATIONS FOR SMALL AND RURAL SUPPLIERS AND MANUFACTURERS Christy Geiger Joel Honeyman Frank Dooley Upper Great Plains Transportation Institute North Dakota State University Fargo, ND 58105 March 1997 Disclaimer The contents of this report reflect the views of the authors, who are responsible for the facts and the accuracy of the information presented herein. This document is disseminated under the sponsorship of the Department of Transportation, University Transportation Centers Program, in the interest of information exchange. The U.S. Government assumes no liability for the contents or use thereof. TABLE OF CONTENTS EXECUTIVE SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . ... Show more content on Helpwriting.net ... . . . . . . . . . . . . . . . . 17 APPENDIX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 EXECUTIVE SUMMARY Supply chain management is a major concern in many industries as companies realize the importance of creating an integrated relationship with their suppliers and customers. Managing the supply chain has become a way of improving competitiveness by reducing uncertainty and improving service. One aspect of successfully managing the supply chain requires that a company understand their logistical strategies and practices. Personal interviews with logistics managers employed by firms from the Twin Cities Round Table
  • 59. suggest the following issues are important to supply chain management. C Firms believe supply chain management is a fundamental change in industry. C Six characteristics define current supply chain management philosophy. 1. Shared Information 2. Organizational Relationships 3. Inventory Management 4. Total Pipeline Coordination 5. Firm Flexibility 6. Costing Issues C There are three major reasons for establishing supply chains. 1. To reduce inventory investment in the chain 2. To increase customer service 3. To help build a competitive advantage for the channel C Information is crucial and drives the entire supply chain system. C Third parties are becoming popular and will continue to be important for having a cost ... Get more on HelpWriting.net ...
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  • 61. Logistics and Supply Chain Management Executive Summary In today's rapidly changing business environment, ever–greater demands are being placed on business on every industry, such as to provide products and services quicker, with greater added value, to the correct location, with no relevant inventory position, etc. However, customers are more sophisticated by wanting more quality, design, innovation, choice, convenience and service, and they want to spend less money, effort, time and risk. Hence, every business has to deal with highly competitive situation in order to survive; Supply Chain Management (SCM) becoming the main topic for improving efficiency and satisfy customer's need. The supply chain of a company consists of different departments, ranging from ... Show more content on Helpwriting.net ... This service area leverage IBM 's strength and experience in procurement to enable IBM's clients to better manage their enterprise spend. The IBM supply chain management services comprise a full range of procurement offerings, including: 1.) Procurement strategy and opportunity assessment – Centralize the strategic sourcing and enable association such as spend analysis, process re–design and governance and compliance. Its deliver assignments focused on: – Procurement strategy – Opportunity assessment – Accelerated sourcing – Process reengineering – Strategic sourcing – Supplier relationship management 2.) Strategic sourcing – Analysis and prioritization of key commodities for: Aggregation of spend and contract leverage to identify optimal spend strategy Implementation of governance and controls to realize the identified savings 3.) Application implementation – For e–procurement and return on investment or benefits realization: – Package selection – Software integration – Content management – Supplier management It is also an integration partner for Ariba, SAP, Oracle, i2 and Perfect Commerce.
  • 62. 4.) Managed solutions – Procurement business transformation outsourcing – Packaged services and technology for procurement services 5.) IBM Leveraged Procurement Services – This is part of ... Get more on HelpWriting.net ...
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  • 64. Supply Chain Management Essay Chapter Review 1–3 Principles of Supply Chain Management, 3ed Wisner, Leong, Tan 2012 Chapter Review 1–3 Chapter One: Introduction To Supply Chain Management A Supply Chain is the steps necessary for a manufacturer to procure materials, build a product, and transport the product to consumers. The consumers buy the products based on a combination of cost, quality, availability, maintainability and reputation factors. They hope these products will live up to their needs and expectations. An example of a supply chain that I was involved in while serving in the Air Force would be when I worked in the Supply Squadron. One of our customers, the jet engine maintenance shop, would need a part to repair and F101 engine for use on a ... Show more content on Helpwriting.net ... This is also likely to lower raw material inventory and total assets. E–Procurement brought many benefits to companies. It has proven to be a time saver and cost effective. It is more accurate as the information is only entered once instead of twice. Before the users had to enter the information and the buyer had to reenter the information creating another error point in the process. E–procurement is more flexible as it can be used without the restrictions of location or time of day. Status of orders can be looked at without having to check paper trails. There are different reasons why a firm may use a single supplier instead of favoring multiple suppliers. Using a single supplier gives a firm the chance to build a stronger relationship with the supplier. Costs would be lower due to larger purchases keeping the cost per unit down and transportation would be cheaper as the firm can take advantage of full truckloads. Single sourcing would also make sense if the firm's requirements are too small. It would not be worthwhile to split the order among multiple suppliers. There is a disadvantage with sole sourcing as well. If the purchase was for a proprietary product or process and the supplier holds the patents to them, the firm has no choice but to buy from them. Multiple sourcing is advantageous for many reasons. If the demand is greater than the capacity of a single supplier, ... Get more on HelpWriting.net ...
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  • 66. Supply Chain Management Of Supply Chains Introduction With the acceleration of global economic integration, the 21st century has become the century of competition in the supply chain, not just a simple competition between enterprises. In order to win the competition in the supply chain, which means it must be through the management of the supply chain. Currently supply chains become more integrated, more global, the high–speed development of information technology has become an important driving force. In this report will explore the development of supply chain management technologies and important role. Supply chain and technologies role Supply chain is the logistic network among suppliers, manufacturing centers, warehouses, distribution centers, retail and customers. It is about the flow and inventory of raw materials, manufactured goods and fished goods. The core logistics supply chain management is to satisfy customer needs. In order to meet requirements it is necessary to minimize enterprises operating cost. It can make enterprises more competitive, and is the key point of success supply chain management. However due to the supply chain simultaneously connect suppliers, manufacturers, distributors and even customers, is a complex network, each link have hidden many risks, is easily affect the supply chain companies. Therefore, the use of the necessary control measures to ensure the smooth operation of the supply chain become preconditions to earn profit. In order to achieve a success supply chain must to be ... Get more on HelpWriting.net ...
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  • 68. Supply Chain Management Supply Chain Management of J C Penney in perspective of APL Logistics Ltd. 1.0. Introduction Internship report is a mandatory requirement of the Bachelor of Business Administration degree of BRAC University. This report has been designed to portray my on the job internship with APL Logistics from the period of January to April, 2007. Being a Customer Service Representative of APL Logistics Limited, I had the opportunity to get attached with the supply chain or logistics management department. During my attachment with the logistics department, I accumulated as much knowledge as possible about the working procedure of this operation department of the company. In the internship report I will try to depict the whole procedure of a ... Show more content on Helpwriting.net ... Trident started as an agent for APL which is now known as American President Line. Now APL has a direct office which is operated by South Asia President. 3 4.0. Services In today 's global marketplace, Manufacturer needs a logistics partner who can connect far–flung suppliers, vendors and customers. One who spans continents, currencies and customs. APL Logistics is that partner. The objective of this part is to define the service offering of APL Logistics and illustrate with examples how those apply to our operations and are made in the case of supply chain offerings. 1) Transportation Management Services (TMS): § § § Definition: Movement of domestic freight (defined as within the continent – AsiaMiddle East, Americas, Europe). In other words the land transportation originates and terminates within the continent. Intermodal, truck or rail. Examples: include truck brokerage, inter–modal management services (IMS/AUTO), and freight management operations. These are the APLL US/Mexico operations. Exceptions: 1) Dedicated contract carriage or distribution services that are integrated with a WMS facility, 2) When the movement is the origination or termination of an international movement under the control of APLL, which can be covered by either a) Ocean B/L, b) Air B/L or c) international FF/broker movement. Cross Dock Facility/Factory/Dist Cntr ... Get more on HelpWriting.net ...
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  • 70. Supply Chain Management: The Philosophy Of Supply Chain... Supply Chain Management (SCM) represents the end to end value chain of a business from production to after–sales service. According to Schulz, a well–managed supply chain should be market focused, stating that the supply chain should strongly represent the market needs and "what solutions consumers are looking for, not the product we are trying to sell them". However is the philosophy of SCM merely just a new supply chain thinking approach to older existing SCM practice? For example, Quality Management which is deeply rooted in the concept of SCM although not in self–new, has evolved over time, and is based upon the concept of having total commitment to everyone is the supply chain to deliver quality service/products to both the internal and ... Show more content on Helpwriting.net ... The key benefit of this is to deliver superior value to the target market and while doing so, sustain competitive advantage in the market place. Marketers tend to focus on the customer end of the value network , developing important customer relationship management practices , with the view to incorporating the needs of the customer into the product /service benefits. However managing the supply chain or value network requires increased financial and human resources and businesses need to be confident that they will receive a future return on their investment . This is particularly more relevant to the development of smaller enterprises due to their resource constraints. Supply chain management (SCM) is based on the philosophy that firms operating in a supply chain are oriented to the provision of goods and services for the 'final customer' (Lambert and Cooper, 2000) . The literature strongly suggests that that cohesive collaboration in the supply chain can provide important benefits such as added value, efficiencies and client satisfaction (Stock, Boyer and Harmon, ... Get more on HelpWriting.net ...
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  • 72. Supply Chain Management SUPPLY CHAIN UPPLY HAIN MANAGEMENT ANAGEMENT Report produced for the EC funded project INNOREGIO: dissemination of innovation and knowledge management techniques Sotiris Zigiaris, MSc, BPR engineer by BPR HELLAS SA J A N U A R Y 2 0 0 0 SUPPLY CHAIN MANAGEMENT 1 Contents 1 1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.2 Description What is the Supply Chain Management (SCM) What is the importance of Supply Chain Management Supply Chain Management Today Supply Chain Management Tomorrow The Supply Chain Management Pipeline Objectives of the Supply Chain Management 1.3 Supply Chain principles/ Methodology and Solutions 1.3.1 Supply Chain Principles 1.3.2 Methodology of a Supply Chain Management project–solutions 1.4 ... Show more content on Helpwriting.net ... Morehouse of A.T. Kearney calls the extended supply chain. "The goal of the extended enterprise is to do a better job of serving the ultimate consumer,". Superior service, he continues, leads to increased market share. Increased share, in turn, brings with it competitive advantages such as lower warehousing and transportation costs, reduced inventory levels, less waste, and lower transaction costs. The customer is the key to both quantifying and communicating the supply chain 's value, confirms Shrawan Singh, vice president of integrated supply–chain management at Xerox. "If you can start measuring customer satisfaction associated with what a supply chain can do for a customer
  • 73. and also link customer satisfaction in terms of profit or revenue growth," Singh explains, "then you can attach customer values to profit & loss and to the balance sheet." INNOREGIO project S. Zygiaris, Msc, BPR Engineer BPR Hellas SA SUPPLY CHAIN MANAGEMENT 3 1.1.1 What is the importance of Supply Chain Management In the ancient Greek fable about the tortoise and the hare, the speedy and overconfident rabbit fell asleep on the job, while the "slow and steady" turtle won the race. That may have been true in Aesop 's time, but in today 's demanding business environment, "slow and steady" won 't get you out of the starting gate, let alone win any races. Managers these days recognise that getting products to customers faster than the competition will improve a company 's ... Get more on HelpWriting.net ...
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  • 75. Supply Chain Management STARBUCKS & IT SUPPLY CHAIN MANAGEMENT This is a case that illustrates several facets at once: Globalization & Rapid Expansion, Supply Chain Management, ERP Implementation, and IT Infrastructure. This case takes place in 1997. Introduction You have to admire the enthusiasm of Starbucks employees. Store managers have been known to stuff sacks of coffee beans into their cars and race over to help out other stores running low. Exceptional customer service, but certainly no way to run a business – especially one that 's growing as quickly as Starbucks that is trying to make inroads around the globe. "With over 2,000 stores, you can 't have 2,000 people running with coffee in their trunks," says Tim Duffy, director of supply chain systems ... Show more content on Helpwriting.net ... TBD TBD TBD TBD TBD = To be determined Point & Counterpoint Product Function Forecasting Supply chain planning Finite Capacity Scheduling Production Activity Control Order Processing Data Warehouse for sales and operations Transportation Planning Purchasing Warehousing / Distribution SkuPlan Materials planning, deployment, Distribution planning, Manufacturing planning Schedule X GEMMS System ESS TBD TBD TBD TBD Although the project is taking longer than anticipated, Duffy hammers home the point that "we deliver something every 6 to 9 months. We have an overall vision that has been sliced into phases". Duffy implies that ERP implementations are late and often deliver less than promised. For a fast growing company, even putting a single ERP system in place in three years would have been a pretty average time," says John Bermudez, IT Supply Chain consultant. Ann Grackin, a high ranking supply chain IT consultant, somewhat agrees. She notes that most users typically take a hybrid approach, purchasing an ERP system as a vine, and then hanging specific supply chain software onto it. Companies pursuing best–of–breed projects face the migraine–inducing process of juggling new versions of each of their applications. It can be a political nightmare because certain departments may need a new version of an application, while those that don 't could resent having to go through the upgrade process, says Grackin. Duffy concedes that "the challenge is managing ... Get more on HelpWriting.net ...
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  • 77. Questions On Supply Chain Management Contents Introduction..................................................................................................................3 Supply Chain Management..........................................................................................3 RFID– Radio Frequency Identification..........................................................................4 Types of RFID's...............................................................................................................5 History..........................................................................................................................5 Barcodes & RFID..........................................................................................................6 Supply Chain & RFID...................................................................................................7 Applications of RFID's.....................................................................................................................7 Barriers in adoption of RFID's....................................................................................8 Conclusion & Way forward.........................................................................................9 Bibliography.................................................................................................................9 ... Show more content on Helpwriting.net ... One such technology is RFID (Radio Frequency Identification). RFID technology is a means of gathering data about a certain item and doesn't need to physically in line of sight or touch of the data reader. It uses inductive coupling or electromagnetic waves and allows Automatic Identification and Data Capture (AIDC). This technology has unlimited possibilities for connected devices around us right from goods, animals, gates, containers, machines even human are tagged through RFID's. (ILIE–ZUDOR, 2006) Types of RFID's– The various types of RFID's are: 1. Passive: No battery and internal power supply, compact, store very small amount of data, cheapest form of RFID, read–only, writes only once. Also called as 'Pure passive', 'reflective' or 'beam powered'. 2. Semi–Passive: batteries to run chip's circuitry, communicate by drawing power from reader. Faster as compared to Passive RFID's. 3. Active: Powered by internal battery, provides longer range, expensive batteries last about 10–15 years, powerful and can function against interferences such as radiation, water, electric shock etc. (ILIE–ZUDOR, 2006) History Long history of RFID can be briefed in the following figure: (Huntley, 2004) Further development happened during 2003 to 2008 and can be summarized as below: (IDC, ... Get more on HelpWriting.net ...
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  • 79. Logistic and Supply Chain Management RMIT INTERNATIONAL UNIVERSITY VIETNAM Introduction to Logistic and Supply Chain Management Individual Case Study NAME: Tran Thi Kim Mai ID Number: s3231137 LECTURE: JAMIE CALBETO–Group 10 Bachelor of Commerce Program ASSIGNMENT COVER PAGE Your assessment will not be accepted unless all fields below are completed Subject Code: OMGT2085 Subject Name: Introduction to Logistics & Supply Chain Management Location where you study: RMIT Vietnam – SGS Title of Assignment: Individual Case Study File(s) Submitted 1 Student name: Tran Thi Kim Mai Student Number: s3231137 Student Email Address: s3231137@rmit.edu.vn Learning Facilitator in charge: Jamie Calbeto Assignment due date: 12 December 2010 ... Show more content on Helpwriting.net ... The inbound start from the suppliers to manufacture and the out bound begin from warehouses to end users. Level M?MA Main Players Role in the supply chain 1 Flowers Plastic Wax, oil, and antioxidants Minerals, Vitamins Supplying flavors to manufacturer Supplying box containing for cosmetic products Lipsticks Powder makeup 2 Manufacturer in Binh Duong province, Ho Chi Minh City Collecting all raw materials to the
  • 80. manufacturer. With a process of measuring, checking and testing seriously to make a perfect final product. All finished products are transported and kept in the warehouse Warehouse in Ho Chi Minh City Warehouse in Hanoi Maintaining and keeping the products in a best condition before delivering them to the distributors. 3 Distributors The middle channel which expands the products to other cities in Vietnam Though distributors, the products are allotted to customers by retailers and wholesalers 4 Super Markets Department stores Boutique shops Hair Salon Chains Malls and Shopping plazas A system of wholesalers and retailers, which provide the products directly to the end users–customers. SWOT Analysis Strength With a transportation based 3PLs Reduce the cost of investment on transportation and the order cycle time Raw materials are in high quality Raw materials are imported from other countries (USA, Philippine) Local supplies Reducing the order ... Get more on HelpWriting.net ...
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  • 82. Supply Chain Management: Glaxo Smith Kline: Supply Chain... Glaxo Smith Kline Report Supply Chain Management Group Members: 1. Adil Saeed Butt 2. Imran Alam 3. Basit Zahid 4. Anum Shah INTRODUCTION: Glaxo Smith Kline (gsk) is highly committed in term of satisfying patients needs and prosperous Multinational organization .Today GSK is one of the leading pharmaceutical company having 74 sites in 33 countries with around 30,000 employees.GSK first its start operations in Pakistan on January 1st ,2001.Today GSK is standing as largest pharmaceutical company in Pakistan. GSk as an leading company having a mission to provide quality product to their patients tat help them to cope over the problem that they are facing and live healthy live. Historical Background: In early 80's. Two companies with the name Glaxo and Smith Kline were functioning as individual entity but latter on merged by their owner and the first CEO was going to be Jan Leschly, since now we are observing these to companies growing together as GSK. ... Show more content on Helpwriting.net ... Strategic development, operations, and customer engagement are based on our values of Patients Focus: To give care that is respectful to patients needs, and values, and ensuring patient needs' that guide all research decision." Transparency: Make the best medicine with best concern which serves best to our valuable patients. Transparency in every step of is highly important as any mistake either willing or unwilling can take a human life ... Get more on HelpWriting.net ...
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  • 84. Supply Chain Management Essay Supply Chain is a system of organizations, people, activities, information and resources related to the transfer of products or services from suppliers (supply chains) to customers. Supply chain operations involve converting natural resources, raw materials and components into a finished product to be delivered to the end customer. In complex supply chain systems, the products used can re–enter the supply chain at any point where the residual value can be recycled. Supply chain links the value chain. Supply chain management includes all planning and management related to supply, procurement, conversion, and logistics management activities. Equally important is that it also involves coordination with partner channels such as vendors, intermediaries, third–party service providers, and customers. Essentially, supply chain management integrates supply and demand management within and outside the company. Supply chain management is an integrated function with the primary responsibility for connecting the core business functions and business processes within companies into a high–performance and engagement business model. It covers all of the logistics management activities outlined above, as well as manufacturing activities, and it promotes collaborative processes and activities with marketing, sales, ... Show more content on Helpwriting.net ... Difference between Logistics and Supply Chain Management: Logistics involves activities that occur within the scope of an individual organization, which focuses on interest in activities such as purchasing, distribution, warranty, etc. Supply chain management involves systematically involving companies and incorporating activities to deliver products to the market. It is also part of the supply chain. Include all logistics issues but add other activities like marketing, new product development, finance and customer service. Is a cross–cutting activity throughout the entire manufacturing ... Get more on HelpWriting.net ...
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  • 86. Advantages Of Supply Chain Management Gaining Competitive Advantage through Operations and Supply Chain Management Abstract Effective supply chain management (SCM) has evolved as an essential prerequisite of securing competitive advantage and boosting organizational performance as supply chain is an integral part of the organization. This article covers the seven most popular SCM practices (Strategic Supplier Partnership, customer relationship, level and quality of information sharing, demand management, procurement, inventory management,) and describes how SCM can give a company competitive edge and improved performance. Making Supply Chain Management a competitive advantage: Successful SCM involves the above factors:– Strategic Sourcing/ Strategic Partnership: Collaboration ... Show more content on Helpwriting.net ... Walmart stocks products made in more than 70 countries and has more than 11,000 stores in 27 countries with an average of $32 billion in inventory. As per SCM experts, this is one of the history's greatest operational and supply chain triumphs. Walmart's supply chain strategy is committed to its mission of driving costs out of supply chains to enable consumers to save money and live better. Walmart became synonymous with the concept of supply chain management by implementing its well thought strategy in a phase wise manner. At first, Walmart set goal to provide customers the goods they wanted whenever and wherever they wanted them. Then it shifted focus to develop cost structures that allowed it to offer low prices every day. Finally, it concentrated on developing a more structured and advanced supply chain management strategy to exploit the competitive advantage and secure market leadership position. Walmart had designed its supply chain strategy and executed it by aligning with the business strategy. Fewer Links In The Supply ... Get more on HelpWriting.net ...