...MKT 421 Week 5 Map the Supply Chain Paper Name University Map the Supply Chain – Introduction Supply chain logistics is a fundamental component of the global economic system. Goods can change hands from a variety of different global companies, which some form of value being added at each stage. In the context of marketing, the following paper will map the supply chain of the solar panel industry. This is a growing industry that has seen a massive amount of growth over the last 10 years. Each major piece of the supply chain will be outlined in detail, which includes the manufacturer, distributer, and retailer. Manufacturer Solar panels are an alternative energy source that is used for a variety of applications in commercial and residential settings. The majority of panels are manufactured overseas where companies can take advantage of lower labor costs. Under the direction of U.S. based firms, the typical supply chain of a solar panel company may include the following roles. * Designs the technical layout and schematics of the solar panel. * Tests safety of technology before wide release. * Sources raw materials, such as aluminum and silicon diodes. * Creates branding to backup the quality of the product. * Improves product designs based on customer feedback. * Ensures panels meet environmental compliance regulations. Some of the largest solar panel manufacturers include First Solar, Sun Power, and LDK Solar. These brands compete with each...
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...Pakistan (1imranafridi@live.com 1asim_3mba@yahoo.com) Abstract - The aim of this paper is to present that how Value stream mapping (VSM) can be applied to restaurant industry and especially fast food sector. The purpose was to identify wastes and how these can be reduced and/or eliminated by the help of value stream. A case study in Pakistan based restaurant has been carried out to illustrate this. A current state value stream map has been developed. Value stream map highlights opportunities to improve wastes and problems along the restaurant supply chain. Results indicated a non value adding steps of 29% at the processing. Value stream can be readily applied to restaurant industry. Keywords – Value stream mapping, Restaurants, Pakistan I. INTRODUCTION Lean manufacturing organization will think more on its customers rather than about running machinery to maximize capacity in order to cover labor and overhead costs. A study by [1] indicates that lean manufacturing can result in a 50% reduction of human effort, tools investment and manufacturing space. This paper will examine how time and cost reductions can be made along the restaurant supply chain in the restaurant industry by the help of Value stream mapping to analyze the processes involving in the making and identifying key areas of waste and probable solutions to overcome these. Value stream mapping helps to develop a “current state map” through visual representations of how the firm is operating currently. It records...
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...Abstract - The aim of this paper is to present that how Value stream mapping (VSM) can be applied to restaurant industry and especially fast food sector. The purpose was to identify wastes and how these can be reduced and/or eliminated by the help of value stream. A case study in Pakistan based restaurant has been carried out to illustrate this. A current state value stream map has been developed. Value stream map highlights opportunities to improve wastes and problems along the restaurant supply chain. Results indicated a non value adding steps of 29% at the processing. Value stream can be readily applied to restaurant industry. Keywords – Value stream mapping, Restaurants, Pakistan I. INTRODUCTION The concept of fast food goes back half a century, yet has found its way into the Pakistani market only a decade or so back. With the introduction of many foreign brands finding their way into the country, in the late nineties, the Pakistani market has finally become accustomed to manufacturing and providing service in such a way that goes around the wholesome fast paced scenario. As time has passed, Pakistani restaurants have picked up the technique to play alongside the foreign players. Now we can see that many local brands have established their image on the fact that they provide not only locally designed food, enveloping the fast food concept. Hence we can say that fast food has evolved and redesigned the whole Pakistani restaurant market. In the past five...
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...D’Amore-McKim School of Business Supply Chain Data Visualization by Mapping and Geographic Analytics (GA) Sandeep Kumar Karumuru 04/19/2016 Image1 Research Paper submission for Supply chain management (Spring 2016) To Distinguished Professor of Supply Chain Management Dr. Nada R. Sanders 1 Table of Contents Abstract 3 Overview 4 Background 5 Supply Chain Visualization 6 Supply Chain Mapping 7 Geographic Analytics 8-11 Business Example 12 Future Trends 13 Benefits and Challenges 14 Conclusion 15 Bibliography 16 2 Abstract The focus of this research paper in on the process of how workflow is handled in a typical supply chain environment. There are numerous areas of focus that come to mind when we talk about improvements for a supply chain but the process itself is not given enough significance. The research paper covers the most popular process in use, from spreadsheets to its immediate future evolution i.e. visualization tools for supply chain data. There are several tools that exist in the market, each of them have their advantages and disadvantages when used in a certain environment. Supply chain mapping is one such tool that many companies are already utilizing but the mapping tool which gives a visual representation of the entire supply chain network is only an abstract network map and so it has its shortcomings. In contrast, supply chain mapping can be utilized alongside geographic...
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...significance of green initiatives taken by the financial and investment organisations in order to provide impetus to the movement to counter changing world climate. The article starts with the focus on the strategies put in place by various organisations like paperless bills, online access to the facilities, electronic applications for the consumers and formation of policies that cut down the use of paper and transportation to reduce the carbon footprints. Although the economic crisis has taken the status of being the most important issue for the financial institutions but they have realised that green initiatives not only make them more admired organisations by the consumers but also enable to be more profitable by garnering the positive brand image among the consumers as well as by making savings by cutting down the costs incurred during offering the conventional modes of services. The article also throws light on the advent of various organisations like Payit Green Alliance which enable the consumers and the organisations to understand the importance of making a change from paper based services to online applications. Various consumer surveys determined that most consumers want to make a shift to methodologies which ensure cutting down the carbon footprints and contribute towards the greener options. The survey also determined that right now most banks have large amount of services done by conventional means and hence there is a large scope for these organisations to improve...
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...Supply Chain Paper Supply Chain Paper Supply chain logistics is a fundamental component of the global economic system. Goods can change hands from a variety of different global companies, which some form of value being added at each stage. The supply chain can be best described as "the complete set of firms and facilities and logistic activities that are involved in producing materials, transforming them into intermediate or finished products, and distributing them to customers” (Perreault, 2011). In the context of marketing, the following paper will map the supply chain of the solar panel industry. Solar panel is a growing industry that has seen a massive amount of growth over the last 10 years. Each major piece of the supply chain is outlined in detail, which includes the manufacturer, distributor, and retailer. Manufacturer Solar panels are an alternative energy source that is used for a variety of applications in commercial and residential settings (First Solar, 2014). The majority of panels are manufactured overseas where companies can take advantage of lower labor costs. Under the direction of U.S. based firms, the typical supply chain of a solar panel company may include the following roles. * Designs the technical layout and schematics of the solar panel. * Plans the product mix and materials * Tests safety of technology before wide release. * Sources raw materials, such as aluminum and silicon diodes. * Creates branding to back-up the...
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...Map the Supply Chain Paper-Walmart Cathi Stark MKT/421 June 23, 2014 Jeannette Singh Map the Supply Chain Paper-Walmart The supply chain is an important part of business. Supply chain management (SCM) is controlling of the movement of goods. It includes the flow and storage of raw supplies, work-in-process inventory, and finished commodities from beginning to point of utilization. The Supply chain management is network of facilities and distribution options that goes into improving your company. Making a product or service and delivering to customers by finding raw components. Today, SCM systems focus on extending beyond an organization's four walls to influence: Suppliers, Suppliers, Customers' customer. This paper will discuss each connection in the supply chain and the reason and significance of each in Walmart’s industry. There are five main components of supply chain management. They are plan, source, make, deliver, and return. Every company needs a strategy [plan] on how to manage the resources in order to achieve their customers demand for their products and services. The supply chain management is developing a set of metric to monitor the supply chain so that it can deliver high qualities and values to customers. Next is the source; to create their products, companies need to be very careful when choosing suppliers to deliver their goods and services needed. The managers need to develop a set pricing and delivery system in the supply chain. They can also put...
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...Map the Supply Chain Paper MKT – 421 December 15, 2014 University of Phoenix Map the Supply Chain Paper The supply chain of the oil industry can be difficult to most, including the persons that work in the industry. The reason I chose this particular industry is that my husband works in it and thought it would be interesting to know more about the process. If it is hard for those within the industry it can be even more difficult to understand for those who depend on their services and or products, which basically covers the vast majority of consumers. In order to understand the industry more completely it is necessary to break it down. The use of the supply chain process outlined in this paper helps to clarify the critical systems, their key functions, and the consumers and the industry related services that are at the mercy of on this source of energy. The understanding of these key components – the issues that can occur over various stages of development, production and distribution, and the codependency that our nation’s energy substructure is made up of – all of which make up the supply chain and where they fit into the entire process, helps to assist in putting it all into perspective. The general outline of the oil industry supply chain is identify, explore, design/construct, production, pipeline, refining, short-term storage, terminal, power plants, essential manufacturing (ex. Plastic, refined gases, medical, etc.) blend, shipping or ports of call and point...
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...Lean Supply Chain and its Effect on Product Cost and Quality: A Case Study on Ford Motor Company Summary: This paper mainly focuses on reviewing the implementation of lean supply chain (LSC) in manufacturing industries by using four-step problem solving process. Also, taking Ford Motor Company as a typical case to address how companies follow the Toyota steps to apply LSC in their daily management. First of all, the author introduces the background of how LSC developed in the Toyota Motor Corporation’s big success. Three presents perfect and develop the concept of eliminate wastes and reduce non-value added (NVA) operations, and improve the value added (VA). “ The VA activities are those that customers are willing to pay money for tangible goods or intangible functions.” Meanwhile, the NVS work mostly contains wastes. The author throws out a very critical method in LSC, which is Value Stream Mapping. VSM, as a tool to identify VA and NVA in the process, plays an important role in Lean Supply Chain. Since, it can provide a visual flow to decision making, highlight and expose wastes, explain the link between information and material flow, and finally come up with a plan that can reduce the wastes and benefit the future improvement. In the following part, the author uses four-steps problem solving process to label the problems, define the tasks, highlight the obstacles, and propose the solutions. During the whole process, there are some key factors to impact the decision-making...
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...Map the Supply Chain Paper My significant other and I recently decided to watch a documentary that changed our outlook on an item everyone uses every day, plastics, specifically plastic bottles or bags. In the Pacific Ocean there is a place called the plastic island. This place is a generalized area near midway where the currents drag plastic bottles and other plastic items into. It’s a lull in the middle of the ocean where they all collect. Tons of plastic, from bottles to bags to buoys and computer monitors that are plastic float to this area and are collected onto the beach and piled up. They affect the wildlife, and kill coral reefs. Plastic bottles are one of the most widely used items today to make up all our soda bottles, water bottles and other consumables and we end up using them quick and throwing them away only to pollute the environment. I will map out each step in the supply chain of the water bottle industry. The first stage where all plastics come from is petroleum, though there are other options available the basic form of making plastics comes from petroleum, this is drilled out of the ground mostly from oil platforms in the ocean. At this point all the oil that is pumped out is stored on the platform or piped across the sea floor to a holding tank. The oil is unrefined petroleum oil that can be used for a multitude of products though it needs to be refined and impurities taken out to make it into those products. The next stage of...
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...Fajfneainceac beauibeauivgauifgeaufh euioabvaaefaf ofehaoiheaioh ijoeahioceawho ublished Papers Narayanan, V.G., and Lisa Brem. "The Credit Crisis of 2008: Causes, Consequences and Implications for India." The Chartered Accountant 57, no. 6 (December 2008). Miller, Gregory S., and V.G. Narayanan. "Accounting Standards and the Globalisation of Indian Businesses." The Chartered Accountant (July 2005): 50-52. Narayanan, V.G., Ananth Raman, and J. Singh. "Agency Costs in a Supply Chain with Demand Uncertainty and Price Competition." Management Science 51, no. 1 (January 2005). Narayanan, V.G., and Ananth Raman. "Aligning Incentives in Supply Chains." Harvard Business Review 82, no. 11 (November 2004). Kraiselburd, Santiago, V.G. Narayanan, and Ananth Raman. "Contracting in a Supply Chain with Stochastic Demand and Substitute Products." Production and Operations Management Journal 13, no. 1 (spring 2004). Narayanan, V.G. "Activity Based Pricing in a Monopoly." Journal of Accounting Research 41, no. 3 (June 2003): 473:502. Narayanan, V.G., and Lisa Brem. "Case Study: Customer Profitability and Customer Relationship Management at RBC Financial Group." Journal of Interactive Marketing 16, no. 3 (summer 2002): 76-98. Narayanan, V.G., and Steven Huddart. "An Empirical Investigation of Tax Factors and Mutual Funds' Stock Sales Decisions." Review of Accounting Studies 7, nos. 2-3 (June-September 2002): 319-341. Narayanan, V.G., and Ratna G. Sarkar. "The Impact of Activity-Based...
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...nine countries and interviews in seven Chinese cities, consumers were increasing their purchases of green products particularly if they were considered to be of higher quality. Additionally, the majority of these consumers want producers to provide full transparency, good environmental records, clarity on product risks and safety, information on environmental impact, high ethical standards, and fair employee treatment. The study also reported that executives at twenty leading consumer products companies agreed that the offering differentiated green products not only brought down the costs of their value chains but provided additional margins and market share particularly helpful with the current economic conditions and competitive markets. Green, ethical, and sustainable products present huge opportunities to innovative companies particularly those in the consumer categories of paper and packaged products, disposable home products, fresh meat and vegetables, and electronics and appliances. Other important growth categories include building products, sustainable energy production products, and energy and resource reduction technologies. Ingestible products such as food and beverages lead the pack in sustainable product category growth particularly because in many cases, sustainability has become synonymous with quality. In Europe for example, more than 75 percent of consumers make food purchases based on sustainability standards and 30 percent try a product for the first time based...
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...“Analysis of charcoal value chains general considerations” Steve Sepp – Eco Consulting Group - Germany On behalf of 1 Table of Content Introduction............................................................................................................................................. 2 Importance of promoting the charcoal value chain ................................................................................ 3 Common issues characterizing the charcoal value chain ........................................................................ 3 Analyzing the charcoal value chain ......................................................................................................... 4 Building a roadmap for charcoal value chain upgrading ......................................................................... 7 Conclusions............................................................................................................................................ 10 References ............................................................................................................................................. 11 Introduction Charcoal is a prime source of energy in most African country, as well as a driving force of their economies with estimated annual growth rates of around 3.7 percent [1]. Surprisingly enough, policy makers pay little attention to the ways in which charcoal is produced and sold – e.g. the question as to whether wood used for charcoal burning is harvested...
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...Map The Supply Chain Paper MKT/421 June 29, 2015 There are many industries in today’s world that has extensive supply chains. A supple chain is comprised of a complex mix of manufacturers, distributors, and retailers. When combined and done properly, this supply chain can be a remarkable and elaborate system. The industry this paper will cover will be the food industry. There are many different aspects to the food industry such as meats, poultry, vegetables, fruits and manufacturing factories. This paper will specifically focus on farm animals. First, the manufacturer is the going to be the being of the supply chain. Farmers are responsible for the life and health of the animal. They need to plan and arrange feeding. This will aid in the overall health of the animal, in turn providing a better end product. Selecting which type of food, the amount, time of feedings and all other food care will also be apart of the farmer’s responsibility. Obtaining the food is an additional consideration. How will the food be brought to the location of the animals? Farmers are also responsible for the health of the animal and any medical care the animals may need. They must arrange a vet visit as needed, shots, and any other health related concerns or needs. This is something that can be expensive and will fall on the farmer to complete. Farmers must also provide living quarters or land for the animals to reside on. This varies from farm to farm however generally there is several acres of land...
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...Going lean This publication was developed during the Lean Processing Programme (LEAP) which ran from to . The programme was sponsored by the Engineering and Physical Science Research Council (Innovative Manufacturing Initiative) and a network of UK automotive/steel supply chain firms: Corus, Thyssen Krupp Automotive Body Products, TKA Chassis Camford, Tallent Engineering Ltd, GKN Autostructures Ltd, Steel & Alloy Processing Ltd, LDV Ltd and Wagon Automotive – UK/USA. Corus was formed in October by the merger of British Steel and Koninklijke Hoogovens. We would like to thank all these organisations for their generous support in both time and finances. The Lean Processing Programme was designed to extend Lean Thinking into this particular group of firms and their associated customer base. Over a three year period it has sought to make radical and incremental change both within and between the firms as well as at a network level. Specific improvements have been made: better understanding of customer requirements, improved learning culture in the firms, faster reaction time, improved delivery performance, reduced new product time to market, better quality product, improved productivity and increased business opportunities. The programme was run by staff at the Lean Enterprise Research Centre at Cardiff Business School together with project management support by Chris Butterworth of Corus. We would like to thank the research team members, all of whom have contributed to...
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