...Implementing a Supply Chain Management System Table of Contents Introduction 2 Subject of course project 3 Business problem statement 4 Name of the company 4 Brief description of proposed solution 5 Implementing cloud-based supply chain management system 5 Benefits of Cloud-Based supply chain management 7 Gaps in implementation of Cloud-based supply chain management 9 Audience 11 Conclusion 11 References 13 Introduction Supply chain management involves the overall management of storage and movement of goods and services. In the process, various networks, channels, and business are interconnected for successful of the products and services. Supply chain management incorporates the design, control, and monitoring activities with the aim of creating net value, synchronizing supply chain and measuring operations globally. Supply chain management entirely covers the areas of operation management, information technology, and logistics. Manufacturing and production companies, for instance, cannot achieve any significant success without incorporating an effective supply chain system due to the prevailing competition in the requires that requires them to deliver their products to the consumers at the right time (Mentzer et al., 2001). In order to meet the challenging market dynamics and the changing consumer needs, there is a need for various companies to implement both inbound and outbound process in their supply chain management system. The inbound system...
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...1 Introduction A supply chain may be defined as an integrated process wherein a number of various business entities (i.e., suppliers, manufacturers, distributors, and retailers) work together in an effort to: (1) acquire raw materials, (2) convert these raw materials into specified final products, and (3) deliver these final products to retailers. This chain is traditionally characterized by a forward flow of materials and a backward flow of information. For years, researchers and practitioners have primarily investigated the various processes of the supply chain individually. Recently, however, there has been increasing attention placed on the performance, design, and analysis of the supply chain as a whole. From a practical standpoint, the supply chain concept arose from a number of changes in the manufacturing environment, including the rising costs of manufacturing, the shrinking resources of manufacturing bases, shortened product life cycles, the leveling of the playing field within manufacturing, and the globalization of market economies. The current interest has sought to extend the traditional supply chain to include ìreverse logisticsî, to include product recovery for the purposes of recycling, re-manufacturing, and re-use. Within manufacturing research, the supply chain concept grew largely out of two-stage multi-echelon inventory models, and it is important to note that considerable progress has been made in the design and analysis of two-echelon systems...
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...Supply Chain Professional Skills Supply chain consists of all entities directly or indirectly that fulfil customer requests. A such, it encompasses all organizations that work together to produce and deliver products to the final consumers. A sample is a telephone accessory in China that rely on a supply of materials from for assemblage and a distributor to ensure that products reach the intended consumptive points. The differing nature of a chain supply is dependent on the complex relationship between members and distribution chains. All businesses must strive to enhance margins as such; the need to work on the change input and output is of significant value that what used to be the time of entering the process. The idea behind this analogy...
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...upply Chain Management is the systematic, strategic coordination of the traditional business functions within a particular company and across businesses within the supply chain, for the purposes of imposing the long-term performance of the individual companies and the supply chain as a whole. The definition of Supply Chain Management focuses on management of relationships as means of achieving better results for all members of the supply chain, including customers. As a philosophy Supply Chain Management takes a systems approach to viewing the channel as a single entity, rather than as a set of fragmented parts, each performing its own function. There are three concepts in Supply Chain Management. These three concepts are tightly interconnected. Network Structure Business Processes Management The Network structure comprises the most important collaboration partners in a supply chain, as well as the relationships between these players. It is neither possible nor desirable to establish a SCM cooperative network that includes all participants in a business network. It is important to focus available resources on the relations that are of strategic importance for the competitiveness of the business. For many businesses, it is a novel challenge to choose and work in a structured manner with business relationships. A good way to start is to describe the roles the business fills today and the roles the business wishes to fill in the future in terms of supply chain. In this...
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...2 Value Chain Management The theoretical background is defined around the central term value chain. Chapter 2 presents research concepts to manage the value chain structured by their area of specialization either on supply, demand or values. Secondly, within an integrated framework, the results of the specialized disciplines are combined with the objective to manage sales and supply by values and volume. Value chain management is defined and positioned with respect to other authors’ definitions. A value chain management framework is established with a strategy process on the strategic level, a planning process on the tactical level and operations processes on the operational level. These management levels are detailed and interfaces between the levels are defined. Since the considered problem is a planning problem, the framework serves for structuring planning requirements as well as the model development in the following chapters. 2.1 Value Chain Value chain as a term was created by Porter (1985), pp. 33-40. A value chain “disaggregates a firm into its strategically relevant activities in order to understand the behavior of costs and the existing and potential sources of differentiation”. Porter’s value chain consists of a “set of activities that are performed to design, produce and market, deliver and support its product”. Porter distinguishes between • primary activities: inbound logistics, operations, outbound logistics, marketing and sales, service in the core value...
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...Supply Chain Management (SCM) is the wider concept of looking at the business needs from the sourcing till the production of the final product and delivering it to the customer. SCM attempt to centrally control or link the sourcing, the production, the shipment, the warehousing and distribution of products. The purpose is to ensure the whole business know what is happening when and where. By managing the international supply chain, companies are able to cut wastage and become more lean and mean, be more competitive and provide products faster. Being more lean and mean will drive the company to keep tighter control of internal inventories, production, distribution, sales and the inventories held and forecasted are all key elements in the SCM....
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...Summary This report described the logistics process of an American multinational retail corporation which is Wal-Mart. Wal-Mart is the world third largest public corporation. It runs chains of discount department stores and warehouse stores. The company was found by Sam Walton in 1962, and was incorporated on October 31, 1969. Wal-Mart is running Combined Supply-Chain Model, which means Wal-Mart get goods from manufacturers and sells it to retailers and end consumers. It is using a systematic logistics process in its supply chain system in term of inventory, order processing and distribution system. Wal-Mart’s process of procurement involves reducing its purchasing costs as far as possible so that it can offer best price to its customers. Wal-Mart is running two types of system in procurement which are Electronic Data Interchange (EDI) and Retail Link system. In the process of order processing, Wal-Mart is using three types of systems, which are voice-based order filling (VOF) system, hub-and-spoke system, and “Pretty Darn Quick (PDQ) displays”. Next, Wal-Mart is running four types of inventory process system which can ensure the control of the products along with easy packing and counting of inventories. These systems may forecasts and results data through the Internet, in order to reduce inventory costs while at the same time, enhancing product availability across the supply chain. In addition, the efficiency of Wal-Mart’s distribution systems allows Wal-Mart reduces inventory...
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...Supply chain management (SCM) is a broadened management focus that considers the combined impact of all the companies involved in the production of goods and services, from suppliers to manufacturers to wholesalers to retailers to final consumers and beyond to disposal and recycling. This approach to managing production and logistics networks assumes all companies involved in the process of delivering goods to consumers are part of a network, pipeline, or supply chain. It encompasses everything required to satisfy customers and includes determining which products they will buy, how to produce them, and how to deliver them. The supply chain philosophy ensures that customers receive the right products at the right time at an acceptable price and at the desired location. Increasing competition, complexity, and geographical scope in the business world have led to this broadened scope and continuing improvements in the capabilities of the personal computer have made the optimization of supply chain performance possible. Electronic mail and the Internet have revolutionized communication and data exchange, facilitating the necessary flow of information between the companies in the supply chain. Companies that practice supply chain management report significant cost and cycle time reductions. For example, Wal-Mart Stores Inc. announced increases in inventory turns, decreases in out-of-stock occurrences, and a replenishment cycle that has moved from weeks to days to hours. A fundamental...
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...Supply Chain Management Executive Decision The purpose of this business report is to guide the investors on the decisions they should make for designing and organizing their supply chain for their line of power hand tools, including electric drills, saws and sanders. This report will explore the option of using vertical integration as the supply chain strategy and they approach the investors should take towards operations management. Metrics, issues, organizational structure, and cost effectiveness will also be presented in this business report. The investor will have within this report also, the results that provide sustainable dominant competitive advantage to have the right amount of the right product in the right place at the right time. Supply Chain Management Supply Chain Strategy In any manufacturing business the first this to consider is the supply chain strategy that will effectively fit and grow with your business. In researching the right supply chain strategy for your business which is to manufacture and market a line of power hand tools, including electric drills, saws and sanders, the supply chain to be used is vertical integration. Vertical integration is “developing the ability to produce goods or services previously purchased or actually buy a supplier or distributor” (Heizer, Render, 426). Because you the investor choose to own and operate your own production facility and are also considering ownership of any other component of the products...
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...The coordination of the Supply Chain Management varies on the business industry and collaboration of each company functions. In most organizations, supply chain planning is a cross-functional effort. Functional areas such as sales, marketing, finance, and operations traditionally specialize in portions of the planning activities, which results in conflicts over expectations, preferences, and priorities, most important fundamental component of the supply chain management would be Functional Coordination within the firm operation, without this function we couldn’t isolate who does what in each phase of operation, and couldn’t determine who being profitable by accomplishing the objective task within budget, and constraints there are other imperative dimensions that have to be addressed in all functional operations. At first Prestige’s Wines LLC had major problem with Coordination and because of that situation we were not profitable for third years, the high cost of the process was out control so we had to reorganize our operations we have implemented a process to our management team to analyze the important features of our operations and coordination of our unique process in the wine business cycle. One of the dimensions of the functional coordination has to be well established before any arrangement can be implemented. The interaction of the company is vital with the collaboration of each category of the process with individuals, committees, and other departments within the company...
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...Running Head: Military SCM & JIT Military Supply Chain Management and Just-In-Time Lionel O. Wright Integrated Logistics Management – LGMT682 February 15, 2011 Professor Joseph Garmon [pic] TABLE OF CONTENTS Abstract ……………………………………………………………………………………. 3 Introduction …………………………………………………………………………………4 Traditional Military Supply Chains …………………………………………………………4 Military Supply Chains and the New Environment …………………………………………6 Why Move Towards Lean (JIT) Initiatives? ……………………………………………….16 What is JIT Management? ………………………………………………………………….20 Military Supply Chains since JIT ….………………………………………………………..23 Adopting an Integrated Approach …………………………………………………………..26 Conclusion…………………………………………………………………………………...31 References…………………………………………………………………………………...34 ABSTRACT According to Van Creveld, “Strategy, like politics, is said to be the art of the possible; but surely what is possible is determined not merely by numerical strengths, doctrine, intelligence, arms and tactics, but, in the first place, by the hardest facts of all: those concerning requirements, supplies available and expected, organization and administration, transportation and arteries of communication…before a commander can even start thinking of maneuvering or giving battle, of marching this way and that, of penetrating, enveloping, encircling, of annihilating or wearing down, in short of putting into practice...
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...Pharmaceutical Supply Chain Abstract • The global pharmaceutical supply chain is very complex and critical to a $650 billion dollar value industry which ensures the world population has necessary medicines. • Manufacturers have the responsibility to produce sufficient quantities of drugs to meet a growing global demand while maintaining quality to ensure safety. • Global and local regulatory agencies around the world have a daunting task to monitor manufacturers, raw material suppliers, and stem counterfeit pharmaceutical production. • Wholesale distributors, importers, and retail pharmacies have a large amount of power in the supply chain as they pull the demand from the manufacturers and provide the medicines to end-consumers. • In a changing industry where there are fewer blockbuster drugs and increasing use of generic offerings, manufacturers as well as participants at all levels of the supply chain must look for areas to improve efficiencies to be profitable in the long-run. Pharmaceutical Supply Chain Analysis 2 Introduction A transparent and efficient pharmaceutical supply chain contributes significantly towards improving the availability of essential medications. The reality across the world is that pharmaceutical supply and distribution consists of different stakeholders from both the public and private sectors to create complex systems. In a heavily regulated field, globalization has placed increasing demands on regulatory agencies to ensure the safety and...
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...Supply Chain Network Analysis and Design: Location Analysis PROC 5820 7 May 2014 Summary The principal thesis of this paper is to discuss location analysis and its role in supply chain network analysis and design. The emphasis of site location is of strategic importance to all organizations seeking to maximize profits and minimize costs. The logistics/supply chain network design has six major planning steps in the process of designing a comprehensive logistics/supply chain network: The first step is to define the logistics/supply chain design process. The second step is to perform a logistics/supply chain audit. The third step is to examine the logistics/supply chain network alternatives. The fourth step is to conduct a facility location analysis, followed by the fifth step, which is to make decisions regarding network and facility location. The sixth and final step is to develop an implementation plan. Location analysis is also discussed in terms of the advantages and disadvantages of globalization and major location site factors. The discussion then describes the methods for evaluating major location site factors and making location decisions based on the evaluation. The paper concludes with discussing different modeling approaches and the need for comprehensive planning. (Reid and Sanders, 2010) (Coyle, J., Langley, C., Novak, R., Gibson, B. 2013) Introduction As stated by Jeff Karrenbauer...
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...Woolworths Supply Chain and Logistics Business Strategy This assignment is submitted in partial fulfilment of the requirements of the B.COM (HONS) IN TRANSPORT ECONOMICS Department of Business Management By BUSISIWE MNCUBE Student no: 920216064 At the UNIVERSITY OF JOHANNESBURG 13th March 2012 Tel: 084 312 4161 Table of Content 1. Abbreviations ........................................................3 2. Introduction ...........................................................4 3. Business focus areas ............................................5 4. Demand Management ..........................................5-6 5. Primary Distribution ...............................................6 6. Secondary Distribution ..........................................6 7. Inventory Management ..........................................7-8 8. Warehousing ..........................................................8-9 9. Packaging ...............................................................9 10. Material Handling ....................................................9-10 11. Information Technology ...........................................10 12. Reverse Logistics .....................................................10 13. Environmentally Sustainability ..................................11 14. Recommendation and Conclusion ............................12 15. Bibliography ................................................................
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...companies who offer the best combination of price and service. 3. Materials management as a definition is the process which integrates the flow of supplies into, through and out of an organization to achieve a level of service which ensures that the right materials are available at the right place at the time in the right quantity and quality and at the right cost. * Material Management is responsible for purchasing the highest quality equipment and products at the lowest possible cost for the organization. 4. supply management describes the methods and processes of modern corporate or institutional buying. This may be for the purchasing of supplies for internal use referred to as indirect goods and services, purchasing raw materials for the consumption during the manufacturing process, or for the purchasing of goods for inventory to be resold as products in the distribution and retail process. * Supply management deals primarily with the oversight and management of materials and services inputs, management of the suppliers who provide those inputs, and support of the process of acquiring those inputs. The performance of supply management departments and supply management professionals is commonly measured in terms of amount of money saved for the organization 5. Flow production involves a continuous movement of items through the production process. This means that when one task is finished the next task must start immediately. Therefore, the time taken on...
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