7-May-2013 1) Bullwhip effect defines as; It is a tendency of customer of material or product in short supply to buy more than they need in an immediate future (Bullwhip effect, 2010). There are several factors involved to cause bullwhip effect; overreaction to backlogs, neglecting to order in an attempt to reduce inventory, communication gap in supply chain, in-accurate demand forecasting etc. In order to deal with bullwhip effect, there are certain countermeasures to overcome the effect;
Words: 1683 - Pages: 7
each denomination and the implications that each one may have. On the other hand, having a definite guideline of this conceptual framework would allow for some comparative studies about the different levels of implementation within the members of the chain or between different channels, being more accurate and reliable. On the previous literature review basis, the paper concludes by providing a reasoned characterization of this new part of the Logistics. Key words: Reverse Logistics, Review of literature
Words: 6644 - Pages: 27
2016 FuTure Supply Chain Serving Consumers in a Sustainable Way Acknowledgements The Global Commerce initiative wishes to thank the following executives for providing their time, support and valuable insight into the future supply chain: alex Bajorinas, Capgemini Tony Borg, nestlé Bob Boucher, Colgate-palmolive Mark d’agostino, GS1uS luca D’ambrosio, reckitt Benckiser Stuart Dickson, GlaxoSmithKline priscilla Donegan, Capgemini Xavier Franco, Johnson & Johnson Massimo Frediani, nestlé Geoff
Words: 12691 - Pages: 51
Supply Chain Design Paper OPS/571 Operations Management Supply Chain Design Paper Supply Chain Strategy, Riordan Industries Supply chains are adapting and upgrading to new technologies around the world. Supply chain management and strategies will be discussed to new hires in Hangzhou, China. Riordan Manufacturing can use the supply chain management theory to help each function in the supply chain connect and become more efficient. Riordan Manufacturing plans to use a competitive strategy and
Words: 1332 - Pages: 6
FUELING SUSTAINABILITY THROUGH REVERSE LOGISTICS Renee Angelo LGMT 685 September 29, 2015 Table of Contents Executive Summary | 1 | Introduction | 2 | Sustainability in supply chain | 3 | Reverse Logistics | 4 | Defining Reverse Logistics | 4 | Returned product categories | 5 | Fueling sustainability through reverse logistics | 8 | Reverse logistics and the social component of sustainability | 8 | Reverse logistics and the environmental component of sustainability
Words: 3255 - Pages: 14
First, this journal introduce what supply chain management is. Then, it has a research that study about the supply chain activities and integration, supply chain decision areas, information technology, and measuring supply chain performance. It has 7 research questions to examine. The following are the briefly version of the questions and answers. 1. What makes up the basic activities of supply chain management? Supply chain management includes five basic activities: planning and strategy formulation
Words: 282 - Pages: 2
staff to purchase quality products and services at competitive prices while considering key environmental and social benefits over the entire life-cycle of the product or service. The United Nations Global Compact defines that the objective of supply chain sustainability is to create, protect,
Words: 1129 - Pages: 5
Lecture Supply Chain Management & Service The goal in this part is to introduce the two main sections of the course, international manufacturing and international service. For manufacturing we start with the simple proposition that decisions about our company’s competitive strategy leads to a supply chain strategy which then leads to a supply chain structure. We provide a strategic framework that can be used to analyze design, planning, and operational decisions in a supply chain
Words: 6782 - Pages: 28
QANT 610 Summary Submitted to : Dr. Brain Amouzegar Submitted by : Jo- Wei Angie Chen (0869366) Green Initiatives Reap Positive Environmental and Economic Benefits: by Stuart Williams, Check Free, Fiserv The article aims to explain the significance of green initiatives taken by the financial and investment organisations in order to provide impetus to the movement to counter changing world climate. The article starts with the focus on the strategies put in place by various organisations
Words: 956 - Pages: 4
Product Safety Martisa Green BUS642: Business Research Methods & Tools Instructor: Loay Alnaji October 5, 2014 Introduction According to Landrum (2014), “business research involves the application of scientific principles to gather relevant data to aid in decision making. Businesses will obtain and will analyze data for a company to manage their financials, market analysis, consumer’s feedback or product research. When it comes to product recall, if you are a distributor, a manufacturer
Words: 1110 - Pages: 5
