REVIEW OF SUPPLY CHAIN MANAGEMENT CONCEPTS AND THE BULLWHIP EFFECT H.M. Lai1 1Faculty of Engineering, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia. ahiu_mun@hotmail.com Keywords: Supply Chain Management, Bullwhip Effect, Inventory. Abstract. In recent years, the application of supply chain management in organization has become very popular. Business organizations today increasingly use the vital role of supply chain management to compete. This paper presents the basic concepts
Words: 2894 - Pages: 12
Supply Chain Design Paper – Learning Team D OPS/571 Riordan Manufacturing is one of the largest plastics manufacturers in the world. Riordan’s mission statement states that it’s focus is to “Six Sigma, leading edge R&D and exceeding ISO standards” (Riordan Mfg. Internet, home page, 2014). Riordan’s fan manufacturing operation is located in Hangzhou, China. Team D will evaluate the Riordan’s fan manufacturing supply chain design and perform a comprehensive evaluation of the operational effectiveness
Words: 1413 - Pages: 6
A systems perspective on supply chain measurements Stefan Holmberg The Authors | Stefan Holmberg, Division of Logistics, Lund University, Sweden Abstract | Both practitioners and research scientists have noted a number of problems regarding measurement activities during the past decade. The problems reported suggest that measurement activities are fragmented both within and across organizations. Expands on a systems perspective on supply chain measurements and describes how problems can
Words: 8785 - Pages: 36
Running head: GLOBALIZATION OF THE SUPPLY CHAIN Globalization of the supply chain: The benefits and vulnerabilities Table of Contents Abstract 3 Introduction 4 Bowersox Perspectives 4 Supporting Perspectives 6 Conclusion 8 References 9 Abstract This paper explores the viewpoints presented by various authors on the benefits and risks associated
Words: 1540 - Pages: 7
“An Apple a Day, Keeps Supply Chain Robust Another Day!” In their article, “Apples Supply-Chain Secret? Hoard Lasers,” Adam Satariano and Peter Burrows introduce us to several key attainments that Apple has been able to incorporate into their structure. Along with design and “buy or make” scenarios, Apple’s innovative and successful Supply Chain Management and Operational Divisions have leapt well above those of other companies. Satariano and Burrows also share with their audience the “front-runner”
Words: 1378 - Pages: 6
Fire Fulfillment | Unit 1 Assignment 1 | | | Capella University | 1/18/2015 | | Abstract This paper explores the case of Zara–Rapid Fire Fulfillment from research conducted in textbook and on website. Keywords: Supply Chain, Supply Chain Management Zara-Rapid Fire Fulfillment Zara is a company that is known for its speed and being responsive over the cost. While this is not how the industry looks at producing clothing in the marketplace, it has worked very successfully
Words: 865 - Pages: 4
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
Words: 2886 - Pages: 12
up connection which makes it hard to do research for the club much less run a business. There are the resources, customers, and the supply chain to define and discuss how to resolve these issues, finally, a project development method to do a proper analysis of Club IT. Club IT’s Resources, Customers, and Supply chain Enterprise resource Planning (ERP), supply chain management (SCM), and the customer relationship management (CRM) are part of a system to resolve Club IT’s technological and management
Words: 1013 - Pages: 5
Recommend, with sufficient support, the adoption of one of the following strategies by the power tool company: a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy. An efficient supply chain is fundamental to the success of any organization. The expense of the supply chain is usually an organizations largest cost therefore implementing a strategy that effectively minimizes costs while maintaining product quality is an effective way to increase profits
Words: 2877 - Pages: 12
performance of the supply chain. C. Discuss three issues that could complicate the development of an efficient integrated supply chain. b. Local optimization c. Large lots d. Bullwhip effect D. Recommend two tactics or methods which are opportunities for effective management in an integrated supply chain. E. Explain the actions that should be taken to mitigate one clearly identified possible risk for each of the following areas. e. Process f. Control g
Words: 3089 - Pages: 13
