...that they must rely on effective supply chains, or networks, to compete in the global market and networked economy. Alpargatas are a sort of shoe that is worn by rural workers. Alpargatas was founded in 1883 by Juan Echegarary and Robert Fraser that symbolized the European heritage that is part of Argentina’s culture. In 1907, the company opened a subsidiary in San Pablo, Brazil. The company expanded as Argentina continued to grow with more immigrants and economic expansion. Alpargatas served as a textile operation that found uses for its scraps to produce floor clothes, grid clothes, and flannel. It had textile mills for the fabrication of canvas and a cotton mill that supplied the raw material for the production system. In 1989 Argentina’s election and initial transition to democracy resulted in economic turmoil accompanied by hyperinflation of up to 200% per month. With the economy in turmoil Alpargatas decided to concentrate all its efforts on its core business which is textiles and shoes. The...
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...of Contents Introduction 2 1. Supply Chain Management of Textile Industry 3 2. Textile Industry and flow of Product and Information 4 3. Up Stream Operation of SCM in Textile Industry 5 3.1 Raw Fiber: 5 3.2 Yarn 6 3.3 Grey Fabric 6 3.4 Finished Fabric 6 4. Demand forecasting in upstream Supply chain management 7 5. Bullwhip effect 8 5.1 Causes of the Bullwhip Effect 9 5.1. a Demand Forecast Updating 9 5.1. b Order Batching 9 5.1. c Price Fluctuation 10 5.1. d Rationing and Shortage Gaming 10 6. Supply chain decisions 11 6.1 Location decisions 11 6.2 Production decisions 11 6.3 Inventory decisions 12 6.4 Transportation decisions 12 7. Vertical Integrated Supply Chain Management in Textile 13 Bibliography 14 Introduction Supply chain management is the term used to describe the management of the flow of materials, information, and funds across the entire supply chain, from suppliers to component producers to final assemblers (or manufacturers) to distribution (wholesalers, warehouses and retailers), and ultimately to the consumer. There are several reasons behind the increased interest in the management of supply chains after the 1990s. Firstly, companies have been moving away from vertical integration, and moving towards specialization, thus having the need to deal with, and rely on, more outside sources. In order to reduce production costs, most textile firms have already outsourced production of their goods to low-cost...
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...answer,quantitative methods for business chapter 9 case problem 3 textile mill scheduling ياذا الشموخ الحاني *** يالبٍر يالعطوف سامي وفعلك باني *** تعجز عنه الوصوف يالشهم لي متفاني *** يا مقدام الصفوف انته للفخر عنواني *** ----------------- ابيات احتياطيه : ---------------- **** يا هتان الكفوف تفخربك العرباني **** ---------------- ياسنًد للرُبانــــي **** ----------------- Linear Programming Applications Chapter 4Linear Programming Applications 2.a.Let x 1= units of product 1 produced x 2= units of product 2 producedMax 30 x 1+ 15 x 2s.t. x 1+0.35 x 2 ≤ 100Dept. A0.30 x 1+0.20 x 2 ≤ 36Dept. B0.20 x 1+0.50 x 2 ≤ 50Dept. C x 1, x 2 ≥ 0Solution: x 1= 77.89, x 2= 63.16 Profit = 3284.21b.The dual price for Dept. A is $15.79, for Dept. B it is $47.37, and for Dept. C it is $0.00. Thereforewe would attempt to schedule overtime in Departments A and B. Assuming the current laboravailable is a sunk cost, we should be willing to pay up to $15.79 per hour in Department A and upto $47.37 in Department B.c.Let x A= hours of overtime in Dept. A x B= hours of overtime in Dept. B x C= hours of overtime in Dept. CMax 30 x 1+ 15 x 2-18 x A-22.5 x B-12 x Cs.t. x 1+0.35 x 2- x A ≤ 1000.30 x 1+0.20 x 2- x B ≤ 360.20 x 1+0.50 x 2- ...
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... | | | | | | | COVER STORY Is Wilbur Ross Crazy? Like a fox, maybe. His bets on steel plants, textile mills, and other woebegone assets are risky, but they're paying off A damp November wind blows off Lake Erie and across the Cleveland steel works, leaving a dusting of snow on the hulking metal buildings, many of which have long since fallen into disrepair. A rusting monument to America's industrial past, the Cleveland plant once employed some 18,000 workers who manufactured 500 different kinds of steel used in everything from General Motors (GM ) cars to Maytag (MYG ) appliances. These days, the sprawling site, which spans both banks of the Cuyahoga River, is largely still. Just two mills, manned by about 1,200 workers are still operating, although at something far below capacity. To most observers, the Cleveland plant looks like the last gasp of a dying Rust Belt behemoth, but not to Wilbur L. Ross. Ross is a collector of the junked, the unloved, the wretched refuse of an economy that has mostly given up making things in favor of buying them elsewhere. Ross, who picked up the plant for a song in February, 2002, is almost laughably contrarian. In May, he added mammoth Bethlehem Steel to his International Steel Group Inc. He has also bet big on Japanese banks, Korean insurance, U.S. textiles, and telecom. All are part of his growing empire of the damned. QUICK TURNAROUNDS At 66, an age when peers are looking toward retirement...
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...risen to these challenges through operations changes and maintain both the industry and Mauritian economy viable. | Contents 1. Introduction 4 2. Factors affecting operations decision making. 5 2.1. Quality 5 2.2. Product/service Design 6 2.3. Layout facilities 7 2.3.1. Economies in Handling 8 2.3.2. Effective Use of Available Area 8 2.3.3. Minimization of Production Delays 8 2.3.4. Improved Quality Control 8 2.3.5. Avoidance of Bottlenecks 8 2.3.6. Better Production Control 9 2.3.7. Better Supervision 9 2.4. Location the facility and Transporting materials and products 9 2.5. Designing jobs and work 10 2.6. Forecasting Demands for products and services 11 2.7. Production planning and scheduling 11 3. Changing Challenges for operational Managers 12 3.1. Globalisation 12 3.2. Just-in-time performance 12 3.3. Supply chain partnering 12 3.4. Rapid product development 13 4. Case Study: The Sugar Sector in Mauritius 13 4.1. Historical Background 13 4.2. Challenges to the Sugar Sector 14 4.3. Operational costs 15 4.4. Change in technology 15 4.5. Innovation and Demand for new products: from raw sugar producer to agro-industry stakeholder 17 4.6. Flexibility of production systems 19 4.7. Environmental Constraints 21 5. Conclusion 21...
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...noopurJournal of Fashion Marketing and Management Emerald Article: Postponement and supply chain structure: cases from the textile and apparel industry Hassan Chaudhry, George Hodge Article information: To cite this document: Hassan Chaudhry, George Hodge, (2012),"Postponement and supply chain structure: cases from the textile and apparel industry", Journal of Fashion Marketing and Management, Vol. 16 Iss: 1 pp. 64 - 80 Permanent link to this document: http://dx.doi.org/10.1108/13612021211203032 Downloaded on: 19-12-2012 References: This document contains references to 19 other documents To copy this document: permissions@emeraldinsight.com This document has been downloaded 704 times since 2012. * Users who downloaded this Article also downloaded: * Hassan Chaudhry, George Hodge, (2012),"Postponement and supply chain structure: cases from the textile and apparel industry", Journal of Fashion Marketing and Management, Vol. 16 Iss: 1 pp. 64 - 80 http://dx.doi.org/10.1108/13612021211203032 Hassan Chaudhry, George Hodge, (2012),"Postponement and supply chain structure: cases from the textile and apparel industry", Journal of Fashion Marketing and Management, Vol. 16 Iss: 1 pp. 64 - 80 http://dx.doi.org/10.1108/13612021211203032 Hassan Chaudhry, George Hodge, (2012),"Postponement and supply chain structure: cases from the textile and apparel industry", Journal of Fashion Marketing and Management, Vol. 16 Iss: 1 pp. 64 - 80 http://dx.doi.org/10.1108/13612021211203032 Access...
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...the General Manager of MUHAMMAD RAFI GARMENT INDUSTRIES (PVT) LTD, Lahore Pakistan was trying to implement a management information system. He was facing resistance from Mr. Kashif, his most senior Supervisor. MR. ZAHID RAFI wondered what he could do to overcome this resistance. Company Background Westward Exports was an exporter of ladies cotton garments. It was a private company established in 1971. It was a family run business and all four directors were brothers. Over the past fourteen years the exports of the company had grown from Rs. 0.71 million in 1972-73 to Rs. 59.76 million in 1984. Almost 90% of the exports went to USA. It owned no manufacturing facility of any kind. It purchased cotton cloth from six different textile mills and had the cloth dyed and printed. This fabric was then passed on to 138 stitching subcontractors. The company had been expanding the product line over the years and by 1983 it was exporting about one million garments in over one hundred basic designs. The 100 designs were presented in a large of fabric types, shades, designs and sizes. When seen in the context that the company had to get all these things done through subcontractors, the managerial control of the operations became quite challenging. The directors who had always been actively involved in each and every aspect of the business, and made all the decisions by themselves, felt the heat of changing situations. They appreciated the problem and decided to hire some professional...
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...Financial Management: Kota Fibres, Ltd. Kota Fibres, Ltd. was founded in 1962 in Kota, India. Created to produce nylon Fibre, Kota Fibres provided synthetic Fibre yarns to local textile weavers mainly to make the traditional women’s dress in India; the saris. Ms. Pundir was both the managing director and principal owner of the company. Kota Fibres used new technology and domestic raw materials to produce their quality product. The demand for saris amounted to 12 billion yards of fabric The Case Papers Kota Fibres, Ltd. was founded in 1962 in Kota, India. Created to produce nylon Fibre, Kota Fibres provided synthetic Fibre yarns to local textile weavers mainly to make the traditional women’s dress in India; the saris. Ms. Pundir was both the managing director and principal owner of the company. Kota Fibres used new technology and domestic raw materials to produce their quality product. The demand for saris amounted to 12 billion yards of fabric, resulting in a stable and growing business. Demand fluctuated based on special Indian festivals and celebrations, and more specifically on the Diwali; a special celebration in mid-autumn. The unit growth forecast for Kota Fibres was 15% per year yet delivery of the yarn and several other small factors would soon play a part in their implausible success. Consumers in the villages purchased the cloth from the cloth merchant. The cloth merchant granted credit in order to support sales. The suppliers were very competitive...
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...PRODUCTION PLANNING AND CONTROL FOR REDUCING MANUFACTURING THROUGHPUT TIME Amey Dhar Dubey (fy7096) Arpit Sharma (fe2365) Bhavditya Sisodiya (fw6052) College of Engineering Wayne State University Detroit, Michigan ABSTRACT This paper scans the present state of Production Planning and Control (PPC) regarding the manufacturing industry. PPC needs to undergo internal and external changes by being more dynamic and properly utilizing resources and delivery performance. In order for this to happen, the concept of crashing much be applied to better understand of how different factors affect PPC systems performance. Crashing is reduces project time by overlapping or performing two or more different steps simultaneously using additional resources (PM PrepCast). Crashing the network is the reduction of project duration by contracting and compressing the network at minimum cost. Project duration can often be reduced by appointing more labours to project activities. However, when appointing more labours, the project cost increases due to overtime and more resources being used. Time and cost requirement must be balanced to reduce project duration. The gist of this paper covers production time, along with the cost applying the concept of crashing. In addition, time management with optimum cost is vital for any project. A method to obtain optimum cost and project duration minimization is outlined. This is achieved by fully crashing the critical path or by removing non-added...
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...kilometres inland from the present coastline. Mineral sands orebodies essentially fall into two categories based on the mode of deposition: alluvial or aeolian. Alluvial deposits are further split into marine beach placers (or strandlines) and lacustrine heavy mineral (HM) accumulations. Exploration for mineral sands involves the positive identification of key criteria leading to the focus of exploratory surface sampling, augering and drilling. Assaying is primarily focused around determining the percentage of HM contained within a given sample. Other results of interest include clay fines, sand and oversize. Metallurgical/mineralogical assessment is often undertaken by via laboratory scale bench tests that replicate the wet concentration and dry mill processing routes. The most critical component in resource assessment for mineral sands is about quantifying HM grade, then mineralogical assemblage and then quality of those mineral species. This will determine whether a mineral sand final product is marketable or not. Mining of mineral sands is conducted...
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...term paper on “Unethical practice of Sonali Bank Ltd” Submission Date: 30-11-2013 Letter of Transmittal November 30, 2011 To Dr. A. R. Khan Professor Department of Banking Faculty of Business Studies University of Dhaka Subject: Submission of Term Paper on Social Responsibility & Business Ethics. Dear Sir, As instructed and part of our academic program under EMBA, I do hereby submit my report on ‘Unethical practice of Sonali Bank Ltd.’ for your kind review and necessary reference. While preparing this report, I tried my best to follow the guidelines you have given and also have gathered some practical experience. I hope that this report will meet your expectation. I have engaged our intense efforts to bring out this study report with the target of achieving perfection but we are in a little doubt how far I have attained it. It was a great pleasure for me to work on this report. I shall be glad to furnish you with any explanation, if necessary. I shall be highly obliged if you kindly accept my report. Sincerely yours, Abu Sadat Md. Salim I.D No: 51221026 21st Batch Acknowledgement It gives me much pleasure to recall with cordial reverence and deepest of gratitude the indispensable guidance, constant encouragement and unparallel stimulation that influenced untiring efforts. Sympathetic advice and invaluable suggestions of our respectable teacher...
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...Caselet 1 In mid-1984, Kartik, the general manager of Western Exports Ltd, Karachi, Pakistan was striving to implement a management information system. He was facing resistance from; his most senior supervisor Kartik wondered what he could do to overcome this resistance. Western Exports was an exporter of ladies’ cotton cloth garments. It was private company established from, his most senior supervisor Kartik wondered what he could do to overcome this resistance. Over the past 14 years, the exports of the company had grown from Rs. 0.71 million in 1972-73 to Rs. 59.76 million in 1984. Almost 90 percent of the exports went to the USA. It owned no manufacturing facility of any kind. It purchased cotton cloth from six different textile mills and had the cloth dyed and printed. This fabric was then passed on to 138 stitching subcontractors. The company had been expanding the product line over the years, and by 1983 it was exporting about one million garments in over 100 basic designs. The 100 designs were presented in range of fabric types, shades, designs and sizes. When seen in the context that the company got all these things done through subcontractors, the managerial control of the operations became quite challenging. The directors, who had always been actively involved in each and every aspect of the business, and made all the decisions themselves, felt the heat o the changing situation. The appreciated the problem, and decided to hire some professional assistance...
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...ISAHP 2007, Viña Del Mar, Chile, August 3-6, 2007 SUPPLY CHAIN MANAGEMENT IN THE TEXTILE INDUSTRY: A SUPPLIER SELECTION MODEL WITH THE ANALYTICAL HIERARCHY PROCESS Asli Koprulu 1 aslik@ipekyol.com Process Management Director Ipekyol Tekstil ve Tic. San. A.S. Kazım Orbay Cd. 43 Bomonti Sisli 34381 Istanbul Turkey M. Murat Albayrakoglu albayrak@bilgi.edu.tr Coordinator, Business Informatics Program Istanbul Bilgi University Kurtulus Deresi Cd. 47 Dolapdere 34440 Istanbul Turkey Keywords: Supply-chain management (SCM), apparel industry, vendor selection, analytic hierarchy process (AHP) Summary: The aim of this study is to emphasize the importance the vendor selection problem and its relation to the supply chain strategy and goals. First, the current conditions of the textile or apparel industry are analyzed and the key factors for a successful supply chain considering the globalization of the industry are discussed. An analytical hierarchy process (AHP) model that an apparel company can use for the selection of suppliers is presented and a supplier relationship management (SRM) strategy is created based on the results of the model. In addition, strategic priorities for the supplier selection problem are identified and weights are developed to select the right supplier that fits the company’s strategy. Finally, the outcome and the implications of the model for implementation are discussed. 1. Introduction In today’s world of globalization many apparel retailers are building...
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...Quantitative Approaches To Decision Making Twelfth Edition David R. Anderson University of Cincinnati Dennis J. Sweeney University of Cincinnati Thomas A. Williams Rochester Institute of Technology R. Kipp Martin University of Chicago South-Western Cincinnati, Ohio Contents Preface Chapter 1: Introduction ♦ Scheduling a Golf League Chapter 2: An Introduction to Linear Programming ♦ Workload Balancing ♦ Production Strategy ♦ Hart Venture Capital Chapter 3: Linear Programming: Sensitivity Analysis and Interpretation of Solution ♦ Product Mix ♦ Investment Strategy ♦ Truck Leasing Strategy Chapter 4: Linear Programming Applications in Marketing, Finance and Operations Management ♦ Planning an Advertising Campaign ♦ Phoenix Computer ♦ Textile Mill Scheduling ♦ Workforce Scheduling ♦ Duke Energy Coal Allocation Chapter 6: Distribution and Network Models ♦ Solution Plus ♦ Distribution Systems Design Chapter 7: Integer Linear Programming ♦ Textbook Publishing ♦ Yeager National Bank ♦ Production Scheduling with Changeover Costs Chapter 8: Nonlinear Optimization Models ♦ Portfolio Optimization with Transaction Costs Chapter 9: Project Scheduling: PERT/CPM ♦ R.C. Coleman Chapter 10: Inventory Models ♦ Wagner Fabricating Company ♦ River City Fire Department Chapter 11: Waiting Line Models ♦ Regional Airlines ♦ Office Equipment, Inc. Chapter 12: Simulation ♦ Tri-State Corporation ♦ Harbor Dunes Golf Course ♦ County Beverage Drive-Thru Chapter 13: Decision Analysis ♦ Property...
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...RELIANCE INDUSTRIES LIMITED Report on Corporate Governance Corporate Governance is based on the principles of integrity, fairness, equity, transparency, accountability and commitment to values. Good governance practices stem from the culture and mindset of the organisation. As shareholders across the globe evince keen interest in the practices and performance of companies, Corporate Governance has emerged on the centre stage. Over the years, governance processes and systems have been strengthened at Reliance. In addition to complying with the statutory requirements, effective governance systems and practices inter alia towards transparency, disclosures, internal controls and promotion of ethics at work-place have been institutionalised. Reliance recognises that good Corporate Governance is a continuing exercise and reiterates its commitment to pursue highest standards of Corporate Governance in the overall interest of all the stakeholders. For implementing the Corporate Governance practices, Reliance has a well defined policy framework consisting of the following : Reliance’s values and commitments policy Reliance’s code of ethics Reliance’s business policies Reliance’s policy for prohibition of insider trading A detailed programme of ethics management These policies and their effective implementation underpin the commitment of the Company to uphold highest principles of Corporate Governance consistent with the Company’s goal to enhance shareholder...
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