...A STUDY OF 99 SPEEDMART’S SUPPLY CHAIN STRATEGY, ISSUES AND CHALLENGES RETAIL SUPPLY CHAIN & LOGISTIC MANAGEMENT (RSCLM) LECTURER: MR.RAZIF PREPARED BY: MAGENTHIRA MOGANAMALAR RENUKA PUTRI FARHANA BINTI MOHAMAD ASRI (6102010171) MBA 99 SPEEDMART INTRODUCTION 99 Speedmart mini markets have more than 3000 kinds of groceries offered and highly organized environment easier for customers to choose and find the desired item themselves. They will put these mini markets strategically positioned in close proximity to residential areas and neighborhood customers to facilitate their daily expenditure. Nowadays 99 Speedmart supported by three distribution centers with a size of 80,000 square feet, 65,000 square feet and the third distribution center with size of more than 100,000 quare feet. 99 Speedmart able to achieve economies of scale in bulk purchasing of goods, thus helping to improve efficiency and reduce costs. At 99 Speedmart, they always offer low prices every day and saving can be delivered to all customers. This store started in 1987 as a small grocery store and up to now have more than 300 branches throughout Malaysia. 99 SPEEDMART’ HISTORY Starting at year 1987, 99 Speedmart with form of a traditional “mom and pop” sundry mart called Pasar Raya Hiap Hoe by Mr. Lee Thiam Wah in Tepi Sungai Klang. Mr.Lee starts a business with very humble beginning and only through personal interaction with suppliers and customers. After doing business for 5 years...
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...The Effect of SAS No. 99 on Auditor’s Responsibility to Detect Fraud The Auditing Standards Board (ASB) issued the Statement of Auditing Standard (SAS) 99 known as Consideration of Fraud in a Financial Statement Audit in November 2002. SAS 99 supersedes SAS 82 in response to its inadequacies, which were brought to light after the major accounting scandals including those at Enron, Worldcom, Adelphia and Tyco. It became effective for all financial statement audits on or after December 15, 2002 with the intention of rebuilding the confidence of investors into major public companies and reestablishing audited financial statements as a reliable component of corporate America. Once the standard came into effect, it was important to measure auditors’ reactions to the effectiveness of SAS 99. The overall conclusion is that SAS 99 has a positive effect on the auditors’ responsibility to detect fraud in financial statements as it not only focuses on the detection of fraud, but also takes on a more proactive approach to the prevention and deterrence of fraud. With the issuance of SAS 99, auditor responsibility has increased and improved the perceptions on auditor responsibility to third parties. The standard emphasizes professional skepticism and reminds auditors to no longer rely on client representations by keeping a questionable mindset. As quoted by Ramos, “SAS no. 99 reminds auditors they need to overcome some natural tendencies—such as overreliance on client representations—and...
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...groups, family problems even tend to hinder both and yet, 99% of Americans tend to feel betrayed by the 1% of Americans who are wealthy and successful, where as the top income grossers feel that they are not to blame and those who are suffering must give themselves some of the credit.Occupy Wall Street is a movement to protest corporate greed, growing wealth inequality, and the absence of legal action against banking executives blamed for the global financial crisis. Led by the 99% of Americans who face decisions such as paying groceries or rent. This is the same group that works long hours for little pay and as low as no rights and is denied quality medical care(Susman). The Primary objective of Occupy Wall Street is to share the wealth, that is to say to reduce the differences amongst the 99% and the 1% that have much more of a say in the structure of the American Society, despite their smaller numbers in terms of population (Susman). Globalization, advancements in technology, corrupting family relations and not understanding all tend to affect all Americans. Globalization and technological advancement has greatly influenced the economy of the American for both upper class families and then those who consider themselves apart of the poorer 99%. The top earners have accumulated great success and fortune from revolutionizing TV with Oprah, and conquering the technological field with companies like Apple. The remaining 99 percent seem to believe that this only widens the gap between...
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...earnings Write your answers in Standard English. Be specific in your references, provide details of your computations, and be thorough in your explanations – I cannot read your mind. EXHIBIT 1 IBM Selected Earnings Per Share Data For the Quarters Ended: Earnings Per Share (from continuing operations) Analyst Expected Earnings Per Share Difference % Surprise Jun-00 1.06 1.00 0.06 6.00% Mar-00 0.83 0.77 0.06 7.79% Dec-99 1.12 1.06 0.06 5.66% Sep-99 0.90 0.90 0.00% Jun-99 0.91 0.88 0.03 3.41% All of the financial data in the tables that follow (except “per share figures”), are in millions. EXHIBIT 2 IBM Earnings per Share* Jun-00 Earings per Share of Common Stock - Basic Average Number of Common Shares Outstanding - Basic Average Price per Share $ Mar-00 Dec-99 Sep-99 Jun-99 1.10 $ 0.85 $ 1.16 $ 0.97 1,767.6 $ 109.34 $ 1,777.2 111.00 $ 1,793.0 102.95 $ 1,805.2 123.61 1,812.1 $ 116.48 2 for 1 stock split 5/10/99 Dec-96...
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...99 Speedmart A STUDY OF 99 SPEEDMART’S SUPPLY CHAIN STRATEGY, ISSUES AND CHALLENGES RETAIL SUPPLY CHAIN & LOGISTIC MANAGEMENT (RSCLM) LECTURER: MR.RAZIF PREPARED BY: MAGENTHIRA MOGANAMALAR RENUKA PUTRI FARHANA BINTI MOHAMAD ASRI (6102010171) MBA 99 SPEEDMART INTRODUCTION 99 Speedmart mini markets have more than 3000 kinds of groceries offered and highly organized environment easier for customers to choose and find the desired item themselves. They will put these mini markets strategically positioned in close proximity to residential areas and neighborhood customers to facilitate their daily expenditure. Nowadays 99 Speedmart supported by three distribution centers with a size of 80,000 square feet, 65,000 square feet and the third distribution center with size of more than 100,000 quare feet. 99 Speedmart able to achieve economies of scale in bulk purchasing of goods, thus helping to improve efficiency and reduce costs. At 99 Speedmart, they always offer low prices every day and saving can be delivered to all customers. This store started in 1987 as a small grocery store and up to now have more than 300 branches throughout Malaysia. 99 SPEEDMART’ HISTORY Starting at year 1987, 99 Speedmart with form of a traditional “mom and pop” sundry mart called Pasar Raya Hiap Hoe by Mr. Lee Thiam Wah in Tepi Sungai Klang. Mr.Lee starts a business with very humble beginning and only through personal interaction with suppliers and customers. After doing business...
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...hope from the Earth,” (122) “waiting for the passing away of a fantastic invasion.” (105) “No other man can ever know.” (99) “Red clusters of canvas...with gleams of varnished spirits,” (65) “Starched collars and got-up shirt fronts were achievements of character. (56) “Striving after something, altogether without a substance.” (123) “It would go to pieces before the first sunset.” (77) “No other man can ever know.” (99) “The sun sank low...from glowing white changed to a dull red without rays and without heat, As if about to go out suddenly; stricken with death by the touch of that gloom brooding over a crowd of men.” (66) “A treacherous appeal to the lurking death” (105) “No other man can ever know.” (99) “The profound darkness of its heart.” (105) “Offer a sacrifice to” escape the madness of the mind. (70) “Its light was dim” (74) “The greatness, the amazing reality of concealed life” (95) “No other man can ever know.” (99) “Exactly as a man’s backbone is seen running down the middle of his back under the skin,” (119) “it echoed loudly within him..he was hollow at the core.” (138) “Traveling back to the earliest beginnings of the world.” (105) “the jocose dream of that eternal slumber.” (138) “No other man can ever know.” (99) “The silence of the land went home to one’s very heart,” (95) “And accepted it with a sort of eager...
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...the 99 Cent Only Store’s supply chain business model and how competitive advantage is executed within the context of its information systems (IS) strategies. Founder David Gold’s model is to create a straight path between a low-priced item and a paying customer. Under the tutelage of Robert Adams, vice president of IS, notes “bleeding edge technology (Oz, 2009 p. 73) is unnecessary, rather integration of information technology (IT) with a high rate of return on investment (ROI), which achieves the goal of efficiency is implemented. The specific action of avoiding progressive technology provides a supply chain advantage system. Instead of relying on new and specifically made software, Adams utilizes ready made products, which can be tailored to 99 Cent’s needs, such as HighJump’s Warehouse Advantage. Adam who is a software developer by trade, supervises an IT team who ensures the ISs are accommodating and inexpensive for the organizations needs, the most prevalent is optimum efficiency. According to authors Effy Oz and J. Rae-Supree, 38 new 99 Cent stores opened in 2003, revenues amounted to over 1.1 billion (Oz, 2009 p. 72), but only $5 million dollars was spent in IT. Research from the companies 10-K form shows, that from 2009 through 2012, significant investment in various “infrastructure, data management, and process improvement projects…enabling the achievement of level one compliance with Payment Card Industry (PCI) standards” (99, 2012). The report details other changes...
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...* Company that I choose is 99 Speedmart at Dataran Selayang * The address 99 Speedmart at Dataran Selayang is No:1-G & 2-GJalan Dataran Selayang 1, Dataran Selayang68100, Batu Caves, Selangor. * The owner of 99 Speedmart is Mr. Lee Thiam Wah * Phone number 99 Speedmart Dataran Selayang is +060332917699 or +060332901199 * Website for 99 Speedmart is www.99speedmart.com.my * 99 Speedmart Dataran Selayang provide the products a wide variety of goods. Since 99speedmart are not a manufacturer, every item that they sell in the stores and all goods and services we use in day-to-day business operations must be supplied by vendors. * The business ownership structure for 99speedmart is sole proprietor business. * The 99 speedmart have been almost 6 years operation at Dataran Selayang * The current economic situation affected the business because the falling value of the ringgit, and a slowdown in the rate of economic growth. It makes the supplier increase the price of the goods and 99 speedmart need to get the best price discount from supplier cause 99 speedmart sell with the best lower prices. For me , this is not the best ownership structure , because 99 speedmart Dataran Selayang is business ownership structure is sole proprietorship. As we know, sole proprietorship has many disadvantages from the advantages. One of the disadvantages is the limited of resources. If the business fails, the owner want to borrow the money to expand or start up the business...
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...80.00 | 99 | 99.00 | 0.95 | 3 | 99 | 99.00 | 99 | 99.00 | - | 4 | 85 | 85.00 | 90 | 90.00 | 0.33 | 5 | 70 | 70.00 | 85 | 85.00 | 0.50 | 6 | 60 | 60.00 | 75 | 75.00 | 0.38 | 7 | 75 | 75.00 | 80 | 80.00 | 0.20 | 8 | 50 | 50.00 | 90 | 90.00 | 0.80 | 9 | 60 | 60.00 | 65 | 65.00 | 0.13 | 10 | 80 | 80.00 | 85 | 85.00 | 0.25 | 11 | 75 | 75.00 | 99 | 99.00 | 0.96 | 12 | 80 | 80.00 | 90 | 90.00 | 0.50 | 13 | 99 | 99.00 | 99 | 99.00 | - | 14 | 80 | 80.00 | 83 | 83.00 | 0.15 | 15 | 71 | 71.00 | 86 | 86.00 | 0.52 | 16 | 75 | 75.00 | 79 | 79.00 | 0.16 | 17 | 58 | 58.00 | 70 | 70.00 | 0.29 | 18 | 52 | 52.00 | 75 | 75.00 | 0.48 | 19 | 70 | 70.00 | 72 | 72.00 | 0.07 | 20 | 91 | 91.00 | 99 | 99.00 | 0.89 | | | | | Gain: | 41.70506 | Calculate using pre/posttest percentages: | Student # | Pretest % | Post Test % | Gain | 1 | 75 | 95 | 0.80 | 2 | 80 | 99 | 0.95 | 3 | 99 | 99 | 0.00 | 4 | 85 | 90 | 0.33 | 5 | 70 | 85 | 0.50 | 6 | 60 | 75 | 0.38 | 7 | 75 | 80 | 0.20 | 8 | 50 | 90 | 0.80 | 9 | 60 | 65 | 0.13 | 10 | 80 | 85 | 0.25 | 11 | 75 | 99 | 0.96 | ...
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...INDIVIDUAL PERFORMANCE COMMITMENT AND REVIEW FORM (IPCRF) S.Y. 2014-2015 Name: | RICARDO S. TAMBOGON | Name of Rater: | MARITES M. TABUGA, Ph.D. | Position: | SPED TEACHER I | Position: | Principal IV | Review Period: | June 2014-March 2015 | Date of Review: | | Bureau/Center/Service/Division: | DEPED/ BINALONAN NORTH CENTRAL SCHOOL SPED CENTER/PANGASINAN DIVISION II | | | MFO | KRA and TOTAL WEIGHT | Objectives and Weight | Quantitative Target | Performance indicators | To be filled up during evaluation | | | | | 5 | 4 | 3 | 2 | 1 | Actual Result | Rating | Score | Basic Education Services | Pupil Development(Teaching-Learning Process)(25%) | Prepared an up-to-date lesson plan with the appropriate and flexible teaching materials that suit the varying needs of the pupils with special needs. (5%) | | Complete lesson plan for the whole school year. Lesson Plan is taught using different teaching devices and varied teaching strategies. No repetition of lesson for three days. | Complete lesson plan for the whole school year. Lesson Plan is taught using different teaching devices and varied teaching strategies but some lessons were repeated in 10 instances. | Teacher was found to have no lesson plan in three instances. | 10 times w/o lesson plan.The lesson plan is not well planned. | Many times the teacher was found to have no lesson plan and not discharging his work in the classroom. | | | | | | Documented the learners’ academic and behavioral...
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...planning and operational control. CO5: The students are well acquainted with the mechanics that come into play while delivering high-quality, cost-competitive products and service. S. No. | Questions | Relevant Course Outcomes | 1. | Mobile phone batteries are manufactured on a high-speed automated machine. The machine is being set to produce a battery of 100gram weight each. To set up the machine and to create a control chart, 15 samples were taken with four in each sample. The complete list of samples and their measured values are as follows: Sample Number | Weight in grams | Weight in grams | Weight in grams | Weight in grams | 1 | 94 | 100 | 99 | 100 | 2 | 99 | 92 | 98 | 102 | 3 | 100 | 86 | 96 | 96 | 4 | 100 | 89 | 99 | 96 | 5 | 101 | 99 | 98 | 96 | 6 | 95 | 96 | 109 | 94 | 7 | 99 | 103 | 105 | 108 | 8 | 105 | 120 | 109 | 98 | 9...
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...NELSON MANDELA METROPOLITAN ELECTRICITY & ENERGY DEPARTMENT A CASE STUDY It was an “Initiation” management committee meeting for Jack Simons, the newly appointed General Manager (GM) for the Electricity & Energy Department at Nelson Mandela Metropolitan Municipality. He was recruited from Eskom just over three months ago. He was replacing Piet Volsoo who opted for an early retirement after 17 years with the Municipality. Management committee meetings are known for heated exchanges between various divisional heads, GMs, city manager and the mayoral committee members. Having worked for a corporate giant as Eskom, the challenges at Nelson Mandela Metropolitan Municipality (NMMM) were not insurmountable he thought to himself. Nelson Mandela Metropolitan Municipality came into existence after 2000. It is the amalgamation of the Port Elizabeth, Uitenhage and Dispatch Municipalities. It supplies electricity to an area of 1959,9 square kilometres. It receives its supply at the Chatty main 132kV intake substation from Eskom and distributes it at primarily 22kV, 11kV and 400 V to 225 large industrial customers, 41 081 medium businesses and 155 758 domestic consumers. The Electricity department has also initiated a major drive to electrify the informal areas within the Metropole. This was a “strategic priority” according to the recently approved Integrated Development Plan of the Metropole for 2002 – 2006. It has electrified 62 600 erven at a cost of R63 million since 1995...
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...Co-Authored by Agata Ramallo Garcia October 17, 2012 at 1:29pm 18 36 0 Comments 2 Ratings: Overall 4 Innovative 4 Detail Summary Innovation is a cornerstone of the Nike brand. Our company was founded by two visionaries, Bill Bowerman and Phil Knight, who set out to reinvent athletic footwear. Over the past decade, our drive to design and produce better, faster, lighter products has evolved into an even more ambitious agenda – to embed long term sustainability into our business. This broader vision calls for new approaches to design, management, partnership and new tools and metrics to support integration and adoption throughout Nike. Many of Nike’s http://www.managementexchange.com/story/nike%E2%80%99s-gameplan-growth-that%E2%80%99s-good-all 21/02/2013 Nike’s Gameplan for Growth that’s Good for All | Management Innovation eXchange Page 2 of 29 management innovations for sustainable growth started internally, with the Corporate Responsibility and Considered Design Teams. As internal efforts took hold, the focus expanded externally. Nike is now reinventing its supplier, industry and business relationships. It is leading industry efforts for systemic change and pursuing an agenda of truly disruptive innovation. Nike Dare to Dream video: http://vimeo.com/11680452 Moonshot(s) • Develop holistic performance measures • Make direction-setting bottom-up...
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...command copy running-config startup-config. Switch#copy running-config startup-config S1#configure terminal S1(config)#hostname S1 S1(config)#exit S1#configure terminal S1(config)#line console 0 S1(config-line)#password cisco S1(config-line)#login S1(config-line)#line vty 0 15 S1(config-line)#password cisco S1(config-line)#login S1(config-line)#exit S1(config)#enable secret class First, you will create the new VLAN 99 on the switch. Then you will set the IP address of the switch to 172.17.99.11 with a subnet mask of 255.255.255.0 on the internal virtual interface VLAN 99. S1(config)#vlan 99 S1(config-vlan)#exit S1(config)#interface vlan99 %LINEPROTO-5-UPDOWN: Line protocol on Interface Vlan99, changed state to down S1(config-if)#ip address 172.17.99.11 255.255.255.0 S1(config-if)#no shutdown S1(config-if)#exit S1(config)# Notice that the VLAN 99 interface is in the down state even though you entered the command no shutdown. The interface is currently down because no switchports are assigned to VLAN 99. Assign all user ports to VLAN 99. S1(config)#interface range fa0/1 - 24...
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...The Effect of Table Salt on Water Reaching 99⁰ C Abstract I had always been told that, when cooking, adding salt to water would make the water boil faster. Recently I had heard that this wasn’t true. Beginning with the hypothesis that salt did increase the boiling time, I set out to discover if this was the case. Using the home stovetop, I boiled 2 liters of water each time and the amount of salt added was the control. The experiment was to find out how long it took the water to reach 99⁰ Celsius. After 8 boils at four different salt concentrations, the effect on the time to reach the desired temperature was negligible. The water was already boiling each time the temperature achieved the target. The experiment seemed to indicate the salt has no effect on the time it takes water to reach 99⁰ C. Background As mentioned in the abstract, I had been led to believe that adding even a “pinch” of salt to water would accelerate the time that water would reach boiling. However, this was challenged recently and I was curious if I had been told a “wives tale” all my life. I have no chemistry background, but since the experiment, I have a better understanding of what should have occurred because of the added solvent (NaCl in this case), which will be addressed in the conclusion. Design Eight experiments were run using four measurements of table salt in 2 liters of tap water. Care was taken to ensure each of the variables, other than the control variable of salt, remained constant...
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