Westminster Company
Westminster Company:
Jim Smith
TLMT312
Public University
Professor Williams
February 19, 2012
Abstract
The results of this paper center on the supply chain and logistical functions of an elite pharmaceutical organization in the United States. Westminster Company retains three separate companies, which produce and distribute individualized or differentiated commodities independently. This paper will discuss the changes being considered within their supply chain structure, which are, the establishing of a solidified warehousing structure, possessing combined shipments to conserve on costs, the incorporation of information technology (IT) to keep up the companies’ inventory using software like enterprise resource planning (ERP), and contain an integrated management supply chain structure. This paper will discuss which methods inside their supply chain that must be centralized, also the methods that must be de-centralized so that the system is maintained efficiently. At the conclusion of this paper it will recommend a strategy for possessing a solidified or consolidated warehouse that will be the most efficient for the organization, the positioning or location of an easily accessible warehouse facility by all of the companies’ manufacturing plants (Bowersox, Closs, & Cooper, 2010).
Westminster Company:
The Westminster Company is considered to be one of the largest manufacturers of consumer health products in the United States. Westminster owns three subsidiary manufacturing companies which include mass merchandise, drugs, and grocery products. Due to intense competition Westminster has become concerned with the effectiveness of their current supply chain and logistic capabilities. Westminster evaluated both and the information obtained was useful for the requirements of their customers, and the functioning of their own companies. Due to the geographical positioning of their existing warehouses and manufacturing facilities, Westminster was now posed
Jim Smith
TLMT312
Public University
Professor Williams
February 19, 2012
Abstract
The results of this paper center on the supply chain and logistical functions of an elite pharmaceutical organization in the United States. Westminster Company retains three separate companies, which produce and distribute individualized or differentiated commodities independently. This paper will discuss the changes being considered within their supply chain structure, which are, the establishing of a solidified warehousing structure, possessing combined shipments to conserve on costs, the incorporation of information technology (IT) to keep up the companies’ inventory using software like enterprise resource planning (ERP), and contain an integrated management supply chain structure. This paper will discuss which methods inside their supply chain that must be centralized, also the methods that must be de-centralized so that the system is maintained efficiently. At the conclusion of this paper it will recommend a strategy for possessing a solidified or consolidated warehouse that will be the most efficient for the organization, the positioning or location of an easily accessible warehouse facility by all of the companies’ manufacturing plants (Bowersox, Closs, & Cooper, 2010).
Westminster Company:
The Westminster Company is considered to be one of the largest manufacturers of consumer health products in the United States. Westminster owns three subsidiary manufacturing companies which include mass merchandise, drugs, and grocery products. Due to intense competition Westminster has become concerned with the effectiveness of their current supply chain and logistic capabilities. Westminster evaluated both and the information obtained was useful for the requirements of their customers, and the functioning of their own companies. Due to the geographical positioning of their existing warehouses and manufacturing facilities, Westminster was now posed
References: 1Bowersox, D. J., Closs, D. J., &Cooper, M. B. (2010). Supply chain logistics management. (3rd ed.). New York: McGraw-Hill/ Irwin. Westminster Company 1 Westminster Company 2 Westminster Company 3 Westminster Company 4 Westminster Company 5 Westminster Company 6 Westminster Company 7 Westminster Company 8 Westminster Company 9 Westminster Company 10