Just-In-Time (JIT) is an integrated set of activities designed to achieve high volume production with minimal inventory as parts arrive at a work station exactly when they are needed (Jacobs and Chase, 2011). JIT systems work to reduce inventory by allowing management to control the flow of materials. Materials are received, used to finish goods, and sent out of the door as demanded. In an ideal situation, a JIT system would provide goods to meet demand and no more since the ultimate goal is zero
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A Project Report on AMUL’S SUPPLY CHAIN MANAGEMENT Submitted By : SRIRAM MUKUND DINESH M INDEX 1) INTRODUCTION TO AMUL . . . . . . . . . . . . . . . . . . . . . . 3 2) STRATEGIES OF AMUL . . . . . . . . . . . . . . . . . . . . . . . . . 5 3) AMUL’S SUPPLY CHAIN MANAGEMENT . . . . . . . . . . 6 4) GCMMF’S SUPPLY CHAIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 5) E- SUPPLY CHAIN MANAGEMENT OF AMUL . . . . .
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decisions are mainly strategic, it has the impact on the operational level. Another critical issue is the capacity of manufacturing facilities, this depends on the extent of the vertical integration with in the firm. In other words, the location of the logistics is important in order to locate the manufacturing firms. On the other hand, determining the location of manufacturing includes the distribution centers or warehouse. It is important to determine the location of distribution center or warehouses because
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Principle 1: Segment customers based on the service needs of distinct groups and adapt the supply chain to serve these segments profitably. Segmentation has traditionally grouped customers by industry, product, or trade channel and then taken a one-size-fits-all approach to serving them, averaging costs and profitability within and across segments. The typical result, as one manager admits: "We don't fully understand the relative value customers place on our service offerings." But segmenting
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function used to care where products came from. Nowadays, everyone from company leaders to interest groups to consumers wants to know something, if not everything, about a product’s origins. Steve New, of Oxford University, explores the technology, logistics, and inevitable opportunities and risks involved in exposing your supply chain to the world. The new tools for making supply chains transparent are proliferating. They range from sand-grain-size radio-frequency ID tags embedded in products, to customer-facing
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Lamp Place Incorporated Logistics Plan | Prepared for Scott Bennie - TMDT 1150 & James Peterson - COMM 2200 | April 10, 2011 Tom (Zaiyi) Liu INTT 2A | Executive summary Our consulting firm has been hired to assist Lamp Place Incorporated (LPI) with a product roll out in Canada. LPI wants to test the viability of the Canadian market by introducing a
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Wal-Mart’s competitive advantage is driven by its low-cost, high volume strategy which aims to increase profits and customer satisfaction. Sustainable competitive advantage indicates a company’s future success and is determined by different factors. These factors include organizational capabilities such as tangible resources, intangible resources and human resources. One main component of sustained competitive advantage is having superior returns sustained over a long period of time. Wal-Mart
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The four P’s: The two companies could only became successful and therefore could reach global recognition by the efficient use of the four P’s. Let’s see what the four P’s mean in the case of these firms. Product: Although toothpaste, shower gel, detergents are convenience goods, (these products are usually bought with little planning) Colgate-Palmolive and Unilever maintain a high level of quality. “Companies choose a quality level that matches target market needs and the quality levels of competing
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E-Business The days of driving to a store to purchase something is not the only option. E-business has changed the way people shop on a regular basis. He remembers when he was a child his parents calling the number in the JcPenney’s catalog and explaining what they wanted to order, nowadays it is simple as a couple of clicks. This paper will discuss how e-business and evolved and compare and contrast the differences and limitations between e-business and e-commerce as they relate to supply chain
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largest customer base. Logistics strategy A company's logistics strategy should be matching to its overall business strategy to take effect. A logistics design strategy, according to Rushton, "is concerned with ensuring that business methods are aligned and organized so that they operate across the traditional company functions and become supply chain oriented" (Rushton et al 2010, p.88). There are four principles should always be considered when developing a logistics strategy, including responsiveness
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