Journal of Studies on Manufacturing (Vol.1-2010/Iss.1) Jain et al. / Supply Chain Management: Literature Review and Some Issues / pp. 11-25 Supply Chain Management: Literature Review and Some Issues Jinesh Jain*, G. S. Dangayach*, G. Agarwal*, Soumya Banerjee** *Department of Mechanical Engineering, Malaviya National Institute Technology, Jaipur(India) Email: jineshjain1234@rediffmail.com, dangayach@ gmail.com, agarwal.drg@gmail.com **Department of Computer Science & Engineering, Birla Institute
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operations management so they can have control of the operations, control manufactured goods and services, and to improve the plans within the organization and management functions. Technology aid in the decision making of management to provide solutions, alternatives, and should be followed to ensure the most excellent decisions are made from the information gathered. “Technology involves software, telecommunication, data base, and hardware” (Russell, Taylor, 2009). Technology allows management to have
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Supply Chain Management Definition, Introduction and Fundamental Concepts * Definition A supply chain is a global network used to deliver products and services from raw material to customers through an engineered flow of information, physical distribution and cash. 3 entities 4 flows , to connect A basic supply chain Is formed of a supplier a producer and the customer , connected with four basic flows : 1- The flow of physical material and services from supplier to the producer to
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Objectives: - 4 components of strategy analysis: firms goals and values, resources and capabilities, structure and management systems and industry environment - Measurement of profitability, Profit most useful measure of firm performance (maximization of profit) - Tools of Financial analysis - Shareholders and stakeholders - Value: - Commerce is creating value - Firm have to know what profit is and how to measure it - Economic profit more reliable measure as accounting profit - Measure
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ARTICLE: Value chain analysis in interfirm relationships: a field study and Interorganizational cost management and relational context. Introduction A value chain is a chain of activities for a firm operating in a specific industry. The business unit is the appropriate level for construction of a value chain, not the divisional level or corporate level. Products pass through all activities of the chain in order, and at each activity the product gains some value. The chain of activities gives
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A leader of Logistics and Supply chain management: Ronald H. Ballou Chen Wang University of Windsor ELIP 3 Section 7 Instructor: Mary Wheeler Introduction: Background information Logistics and supply chain management, as a vital business activity, to some extent, has became a new core of business management today, compared with traditional fields such as finance, marketing, and production. Being a theoretical expert and practical leader in the field, Ronald H. Ballou, who is the professor
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Atkinson, C. (2005, May 9). Today's inventory management. Inventory Management Review. Retrieved March 20, 2007, from http://www.inventorymanagementreview.org/2005/05/todays_inventor.ht ml. Beamon, B. (2004). Humanitarian relief chains: Issues and challenges (34th International Conference on Computers and Industrial Engineering, San Francisco, CA, USA. November 14-16, 2004). Retrieved March 23, 2007, from University of Washington: http://faculty.washington.edu/benita/sfpaper.pdf. Bellack
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Therefore, in this essay, author is going to discuss about the different between CSR as well as PR. Moreover, it will apply an example of IKEA to examine the effectiveness of its CSR in supply chain and analyze CSR as a business strategy to maintain the sustainability of business, financial control and risk management. Afterwards, author will highlight the limitations of CSR policy and finally provide some recommendations to improve the CSR strategy for corporates in order to maintain the sustainable
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1. Introduction In recent years, a growing amount of research, much of which is still preliminary, has been dedicated to investigating maturity models development for the strategic management of supply chains (Chan and Qi, 2003; Gunasekaran et al., 2001; Coyle et al., 2003). The concept of process maturity derives from the understanding that processes have life cycles or developmental stages that can be clearly defined, managed, measured and controlled throughout time. A higher level of maturity
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Fig 1. The Modern Coffee Shop Marketplace A relatively mature market with fierce competition. The focus is on increasing Marketshare, mainly through outlet expansion, Premiumisation of products to Differentiate and increase prices to influence the average spend per visit; along with NPD and creating new channels to new markets, i.e. PRC. Specialists add value through their expertise and dramatic show of Barista skills. Brand Loyalty is low, with consumers under pressure due to static wages/rising
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