Building a resilient supply chain Introduction Global supply chains and transport networks create the core of the global economy, fuelling trade, growth and consumption. Due to the never-ending push of management boards to improve efficiency and increase profit, supply chains are becoming more and more complex. Getting leaner, just-in-time inventory, outsourcing and other trends have introduced many business benefits, however we must not forget about the other side of the problem; new kinds
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Int. J. Production Economics 147 (2014) 230–238 Contents lists available at ScienceDirect Int. J. Production Economics journal homepage: www.elsevier.com/locate/ijpe Defining value chain architectures: Linking strategic value creation to operational supply chain design Matthias Holweg a, Petri Helo b,n a b Judge Business School, University of Cambridge, UK Department of Production, Faculty of Technology, University of Vaasa, Finland art ic l e i nf o Article history: Received 31
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1.1 INTRODUCTION Inventory Management An Inventory is a Stock or Store of goods kept to meet customers expected demand. Inventory can also be defined as the stored accumulation of transformed resources in a process, and it usually applies to material resources but may also be used for inventories of information. Almost all operations keep some kind of inventory, most usually of materials but also of information and customers (Customers inventories are normally called Queues). These inventories
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Inventory Management is a necessary Evil General Area: Supply Chain Management (SCM) Problem Area: Inventory Management a necessary Evil Ravi Kumar PGP/17/108 Email: ravik17@iimk.ac.in Indian Institute of Management, Kozhikode Abstract This article tries to explore how inventory management is one of the integral part of various business units in today’s business world. There are many modeling techniques available in Inventory management evolving very rapidly over a period of time, which
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The Kellogg Company Optimizes Production, Inventory, and Distribution Gerald Brown gbrown@nps.navy.mil Operations Research Department Naval Postgraduate School Monterey, California 93943 Kellogg Company, P.O. Box 3599 Battle Creek, Michigan 49017–3599 Kellogg Company, P.O. Box 3423 Battle Creek, Michigan 49016–3423 Operations Research Department Naval Postgraduate School Joseph Keegan joe.keegan@kellogg.com Brian Vigus brian.vigus@kellogg.com Kevin Wood kwood@nps.navy.mil For over
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BBA 861(GLOBAL STRATEGIC MANAGEMENT) ASSIGNMENT GLOBAL STRATEGIC PLAN FOR KENYA COMMERCIAL BANK LTD NAME : GUYO ABDUBA ADAMS REG NO : D53/OL/23O72/2012 LEC TURER : DR LINDA KIMENCU INTRODUCTION Kenya commercial bank also known as KCB group is a financial service provider with its headquarters domiciled in Nairobi Kenya with substations in Tanzania, South Sudan, Burundi, Uganda and Rwanda. KCB group is the largest financial service provider in the great lakes by asset base
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................... 4 2.1.1 Demographics ........................................................................................................................................................ 5 2.1.2 General economic
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Computers and Chemical Engineering 28 (2004) 929–941 Pharmaceutical supply chains: key issues and strategies for optimisation Nilay Shah∗ Centre for Process Systems Engineering, Department of Chemical Engineering, Imperial College of Science, Technology and Medicine, London SW7 2BY, UK Abstract Supply chain optimisation is now a major research theme in process operations and management. A great deal of research has been undertaken on facility location and design, inventory and distribution
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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 ..................................................
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Product range 7 Lack of customer consciousness and commitment to service 7 Poor internal and external communications 8 Answer 2: Customer service 9 The components of customer service 9 Answer 3: Inventory Management 11 The poor solution – the economic order quantity (EOQ) ‘fix’ 12 ABC analysis 13 Material Requirement Planning (MRP) 13 Enterprise resource planning (ERP) 14 Just-in-time management 14 Kanban 15 The effect of JIT on operations 16 Answer 4: Operations Performance Objectives
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