...denominator; an efficient supply chain in place which coordinates its independent parts so that they work together as a cohesive unit to produce the desired product for a profit. Altius Directory (2006-2013), “The ultimate purpose of supply chain management is to have a steady flow of inputs into the production unit, reduce the problem of excess inventories and reduce the cost of production errors (Supply Chain Logistics Management, Current Trends section). However, prior to implementing a successful supply chain, it is necessary to determine which strategy is best for your particular industry. A. Recommend with sufficient support, one of the following strategies: a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy A Keiretsu network is a Japanese strategy where a group of members in the chain work together to ensure the success of all of its parts. This strategy relies on collaboration from its members to make a long term commitment to its members. The suppliers and manufacturers form a type of partnership where they work together to gain advantages and a competitive edge in the market. The underlying agreement is that the suppliers are willing to form a longterm relationship with each other. The keiretsu network is integrated horizontally and vertically. They are organized around their own banks and trading companies. In some instances, they are capable of controlling nearly every step of the economic chain in a variety of industrial...
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...possess its own distribution centres by acquired its distributors business in all the leading countries and integrated into its owned subsidiaries. However, each country still ran its operations such as warehousing and logistics separately. Hence, in 1992, Nike made up its mind to reorganizing its European internal supply chain management and logistics (Ashford 1997). Because the entirely synchronized of materials flow and customer demands for the finished goods, that produces is the idyllic implementation for an internal supply chain management (Waage 2008). If the company do not achieve this ideal, it might lead to uncoordinated forecasts and decisions that produce inadvertent accumulation of inventories, excessive lead times, delays in production and product being left unsold finally. In this report consisting of four parts, a number of internal supply chain issues will be examined. In the first part, three items of concern will be analysed and illustrated based on the case study of Nike Europe as following. a) Analysis of the supply chain structures by showing the physical flow of goods, an information management and the organisational structures, b) Supply...
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...The supply chain is the visual representation of the flow of good/ services. This begins with the producer of the product or service to the distributor and to the consumer. The health community adds an extra link into the supply chain with placing the provider (Healthcare professional) between the distributor and the consumer (i.e the Patient). The goal of the supply chain in a healthcare model is to deliver many different products to providers in an efficient manner. Effective management of the supply chain will reduce excess time necessary for products to get to their proper destination, but also eliminate any unnecessary kinks in the journey from producer to provider and, ultimately, the consumer. The supply chain provides a process...
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...Supply Chain Management (SCM) is essential for developing an integrated relationship between suppliers and customers. Healthcare SCM involves procuring resources, managing supplies and delivering goods and services to patients and healthcare providers. The SCM in healthcare is not limited to medical supplies only, it also involves technology, consolidation and partnerships within the supply chain. The healthcare SCM is composed of key internal and external players namely, producers, purchasers, and healthcare providers. Producers include pharmaceutical companies, medical products companies, manufacturers of devices and information systems, etc. Purchasers include pharmaceutical wholesalers, medical-surgical distributors, product representatives,...
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...INDIAN INSTITUTE OF MANAGEMENT INDORE ONE YEAR EXECUTIVE POST GRADUATE PROGRAMME (EPGP 2009-10) Supply Chain Management Instructor - Prof. Jayanth Jayaram Supply Chain Issues and RecommendationsDisaster Management Date: 30-01-10 Submitted By: Vikram Duggal 2009EPGP 040 TABLE OF CONTENTS 1 2 4 Executive Summary ................................................. Error! Bookmark not defined. Disaster Management-Supply Chain Perspective .................................................... 4 No table of contents entries found. Executive Summary Disaster management deals with avoiding risks. It involves preparing, supporting, and rebuilding society when natural or man-made disasters occur. Disaster management is a continuous process by which all individuals, groups, and communities manage hazards in an effort to avoid or ameliorate its impact. A supply chain, or supply network is a coordinated system of organizations, people, activities, information and resources involved in moving a product or service in physical or virtual manner from supplier to customer. Customers in this case are people facing the crisis. They formed the focus of the entire supply chain development. Over the past few years, the natural disasters floods, hurricanes etc have highlighted the low levels of disaster preparedness and inability of the hospitals and relief organizations to respond effectively. The quick response of relief organizations in the early stages of disaster can lower...
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...INTRODUCTION The success of supply chain planning process depends upon how closely supply is managed, demands are forecasted, inventories are optimized and logistics are planned. Supply chain is the heart of the retail industry vertical, and if managed efficiently, it drives positive business and enables sustainable advantage, Matthew A and Stanley E (2013). If we observe carefully, huge amount of data is getting generated at each and every stages of the supply chain. In today’s digital world we are generating around 200 Exabyte of data each year, Silva R, Bogdan F and Marcin R (2013). Organizations are increasingly questioning their own ability to realize full potential from the huge amount of data they have within their supply chain, Steve...
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...SUPPLY CHAIN MANAGEMENT 7-11 JAPAN History 7-Eleven is part of an international chain of convenience stores, operating under Seven-Eleven Japan Co. Ltd, which in turn is owned by Seven & I Holdings Co. of Japan. Eleven, primarily operating as a franchise, is the world's largest operator, franchisor and licensor of convenience stores, with more than 46,000 outlets. Timeline 1973: York Seven Co., Ltd., established 1974: First store opened (Toyosu Store, Koto-ku and Tokyo) 1975: 24-hour operations (Toramaru Store, Koriyama, Fukushima Prefecture) begun 1976: Total number of stores reached 100. Integration of suppliers and joint delivery started. 1978: Corporate name changed to Seven-Eleven Japan Co., Ltd 1980: Total number of stores reaches 1000 1982: POS and EOB ordering systems introduced. 1985: Introduction of interactive registers capable of transmitting information to and from the headquarters and stores. 1997: Introduction of fifth generation Total Information System 2000: Establishment of e-commerce Company, 7dream.com 2001: Establishment of IYBank Co., Ltd., through joint investment with Ito- Yokado Co., Ltd. Installation of IYBank ATMs in stores. 2004: Establishment of SEVEN-ELEVEN (BEIJING) CO., LTD as a joint venture. Competitive strategy: The strategy followed by 7-11 was to provide high-availability of a variety of reasonable quality products at reasonable prices. Strategy of 7-Eleven Japan Market Dominance was the main objective of 7-11. This was done...
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...by industrial development should be addressed throughout the supply chain. This had led to the emergence of the concept suggested to as Green Supply Chain Management (GSCM). This research provided a concise background and challenges of green supply chain through applying qualitative analysis on potential implementation in existing literature. This research was use secondary data to analyze a single case study, which is a case study of Walmart GSCM. Data was collected through a quality source by process of evaluating the information sources. The research analysis have shown seven strategies that used at Walmart: Identifying goals, metrics, and new technologies, Providing network partner assistance to suppliers, Certifying environmentally sustainable products, Incentive for green products, Consolidating direct suppliers, Developing a sustainable standard, and Zero waste. In a conclusion, it was possible to understand that GSCM is one of the emerging approaches for retail industry. This approach had help the company differentiates from its competition and made its supply chain more efficient. This paper was useful in providing suggestions to the retail industry and other industries to either modify the GSCM strategy adopted within organization in order to achieve the required target, or identify the most suitable GSCM strategy to be implemented. Keywords: Supply Chain Management, Retail industry, Green Supply Chain Chapter 1: Introduction The world is warming. The average...
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...A critical analysis of Supply Chain Collaboration Techniques By Arun Table of Contents Introduction 3 Supply chain Management and Drivers of supply chain performance 3 Retail Industry supply chain overview 4 Bullwhip Effect 5 Reducing the “Bullwhip Effect” 6 Mitigating Bullwhip Effect by Improving Information Accuracy 7 Collaborative planning, forecasting and replenishment (CPFR) 8 Drawbacks of CPFR 9 Vendor Managed Inventory (VMI) 9 Drawbacks of VMI 10 Mitigating Bullwhip Effect by Improving Operational Performance 10 Vendor consolidation 11 Risk in using 3PL for vendor consolidation 13 Reducing Replenishment Lead time using Cross docking 14 Supplier selection for cross-docking 15 Benefits of Cross-docking 16 Disadvantages of Cross-docking 17 Conclusion 18 Appendix 19 Appendix A 19 Products suitable for cross-docking 19 Types of cross-docking 19 References 21 Introduction A Supply chain consists of all the participants and processes which are involved in satisfying the customer demand. The large amount of participants, variety of processes, dynamics and uncertainty in materials and information flow prove that the supply chain as a complex system in which coordination is considered as a key element for success. The lack of supply chain coordination between the participants results in a “Bullwhip Effect”. This report analyzes different techniques followed by Wal-Mart to improve coordination for reducing the bullwhip effect...
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...A company that I believe "gets it" when it come to supply chain management, is New Era Cap Inc. Headquartered in Buffalo New York, New Era started back in 1920, manufacturing hat for Major League Baseball (MLB). Since that time, the company has grown substantially. According to a Fortune article, Roberts (2013) New Era is pulling in an estimated $700 million dollars in annual revenue and distributing products in more than 80 countries. Their supply chain is highly integrated. in an article in Supply Chain World, Jiménez-Lutter (2015) expalins that New Era is integrated with there supply chain partners from product suppliers through their distribution network so that every bit [of information] – from the time it enters their system to...
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...A STUDY ON SUPPLY CHAIN MANAGEMENT IN AUTOMOBILE INDUSTRY DR. Anu Maheshwari DR. Sanjay Shankar Mishra Guest Lecturer, Prof. & Hod of Commerce Dept. Govt. T.R.S.College, Rewa (MP) Govt. T.R.S.College, Rewa (MP) The changing business conditions of the 21st century has led to companies facing issues ranging from globalization, economic uncertainty to new technologies and increasing consumer demands. In the automobile industry, as manufacturers design and build vehicles globally, their supply chains become increasingly complex with challenges that often stand in the way of profitability and higher shareholder value such as long order-to-delivery lead times, unreliable production schedules, excess inventory across the supply chain, lengthy demand planning cycles and lack of visibility of suppliers. The effect of the global economic meltdown increased the pressure on automotive executives to make right decisions about their supply chain for better performance. In a highly challenging and competitive environment such as today, where supply chain is a popular tool for improving the organizational competitiveness. OVERVIEW OF SUPPLY CHAIN MANAGEMENT IN AUTO-INDUSTRY [pic] The Auto Ancillary Industry can be Further Divided into Six Main Segments: ❖ Engine Parts - Engine assembly, fall into 3 broad categories: core engine parts; fuel delivery system; and others. ❖ Electrical Parts - The main products in this category include starter motors, generators...
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...ANALYSIS OF NEW SUPPLY CHAIN PLANNING OF IKEA (Jonsson et al., 2013) reported that the start-up point of new global planning process includes starts planning of sales and demand as depicted in figure 2. It sets the frames and generates future demand information for IKEA’s business areas. The demand information is thenceforth input to the worldwide materials planning process (2), that successively drives the provider capability and cargo planning processes (3) and also the planning of the distribution provide chain (transport, warehouse, and store planning; 4a-c in Figure 2). Figure 2 IKEA developed its centralized planning construct in many stages (Figure 3). It initial centered on demand planning, with new demand planning code being enforced...
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...Analysis of Amazon’s supply chain investment strategy When speaking about the largest retailers in the United States, one will always mention the two largest retail distributors, Walmart and Amazon. While the former company depends on its brick and mortar stores as the major contributor or their revenues, the latter focuses most of its attention on internet-based retailing. Amazon was founded by Jeff Bezos in 1994 due to his belief that he would regret not participating sooner in the internet business boom during the 1990’s. Bezos read a report about the future of internet which projected annual web commerce growth to be at 2,300%. At the beginning, the company was pioneered as an online bookstore due to the low price point of books and the huge number of titles available. The advantage Amazon had compared to other brick and mortar store was that an online bookstore could carry several more times the titles than a physical store, since there is an unlimited virtual warehouse. By 2000, the company had moved away from simply selling books, while expanding into an online marketing place selling many varieties of goods and services. Due to Amazon’s early entry into the online retail market, it had the first mover advantage to allow the company to “get big fast” and become one of the the most recognizable names on the internet. By the end of 2002, Amazon had 22.3 million registered users on the website which makes it one of the largest online retailing company at that time. However...
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...growth of the original service this service has an opportunity to help WAG! grow a bigger base of clients by giving them something different. The cost of the new service will have some risks financially and processing. Mitigating these risks by having a thorough plan will enable the company to streamline the new service in a way that is convenient to users and employees. References: Beesley, C. (2016, September 26). General Business Liability Insurance – How it Works and What Coverage is Right for You. Retrieved April 11, 2018, from https://www.sba.gov/blogs/general-business-liability-insurance-how-it- works-and-what-coverage-right-you Eliminating Bottlenecks in the Supply Chain. (2014, September 23). Retrieved April 11, 2018, from https://apparelmag.com/eliminating-bottlenecks-supply- chain Keolanui, C. (n.d.). What Is the Meaning of "Mitigating Financial Risk"? Retrieved April 02, 2018, from http://smallbusiness.chron.com/meaning-mitigating- financial-risk- 77524.html Ordway, D. (2016, July 27). How cities may benefit from dog parks. Retrieved March 04, 2018, from https://journalistsresource.org/studies/society/culture/how- cities- may-benefit-from-dog-park Orletsky, C. (2012, December 14). The Importance of Dog Socialization and Exercise. Retrieved March 04, 2018, from http://www.dogguru.ca/the- importance-of-dog- socialization-and-exercise/ Risk Mitigation Planning, Implementation, and Progress Monitoring. (2015, April 10). Retrieved April 02, 2018, from...
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...Characterize the competitive environment faced by Microsoft when it launched the original Xbox? Console video game industry at the time placed game sales as the primary profit driver: the devices were usually sold at cost or at a loss, with their development and production costs subsidized with royalties from game publishers or sales of games designed in-house. Because of that model, gaining market share was one of the primary goals of console manufacturer: getting consumer acceptance was important in making a system appealing for game publishers to invest into. Competitive Rivalry within the industry (High): According to the case, the original Xbox was introduced as a player in the second generation of consoles. The second gen was started by Sega with Dreamcast in 1999, but it was unsuccessful after introduction of PS2 by Sony. Sony dominated the market with a very successful playstation 2: not only was PS2 essentially the only second generation console available for about a year after its introduction, allowing it to gain a huge library of software, it was a direct successor to a very popular PS1, backwards compatible with its software as well. All that made PS2 an obvious choice for PS1 owners and a very appealing option for everyone else in the market. Bargaining Power of Hardware Suppliers (Medium): There were several capable EMS firms. Two major options for both CPU and GPU, in addition to the possibility of designing either one in house by employing...
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