Supply Chain Management Topic 1 * What is it? * All parties and functions involved‚ directly or indirectly in fulfilling a customer request. * Manufacturers‚ suppliers‚ forwarders‚ warehouse operators‚ wholesalers and retailers. * Movement of information and funds. * Goal * Maximize the value of the product. * Reduce time * Make more profit. * Value * The difference between the turnover (price) and the cost of the product. * Its
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1 How can postponement of product differentiation be used to improve supply chain profitability? Postponement‚ also known as "delayed differentiation‚" is a supply chain strategy that delays product differentiation at a point closer to the customer. This involves designing and developing standard or generic configurable products that can be customized quickly and inexpensively once actual consumer demand is known. Postponement also entails the implementation of specific inventory strategies to deploy
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Managing supply chain relationships on volatile markets from a risk sharing perspective Course: Supply Chain Management Introduction 2 Supply Chain Management as a Network 3 The appearance of the network 3 Managing the Supply Chain 4 Improve the profitability by improving the supply chain 4 Relationships within Supply Chain Management 5 The value/risk model 6 Managing Different Types of Risks 6 The Triple-A Supply Chain 9 Agility 9 Adaptability 10
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Subject – Supply Chain Management Semester - III Case - 1 John Deere and Complex Parts‚ Inc. On Friday‚ November 22‚ 2000‚ Blake Roberts‚ Hayley Marie‚ Stan Ealdns‚ and John Pearson‚ members of one of John Deere’s supplier evaluation teams‚ were discussing the performance of Complex Parts. It had provided questionable service to John Deere’s Moline unit over the past year‚ and they were wondering if this merited giving Complex Parts’ business to a different supplier. They needed
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Food is an essential constituent in human life. Nevertheless‚ some foods can be detrimental to a person’s organism by causing life-threatening diseases. For that reason‚ food safety comes into play. Food safety is a scientific discipline describing handling‚ preparation‚ and storage of food in ways that prevent illness. This includes a set of laws that should be followed to stay away from potentially severe health hazards. Food can transmit disease from individual to individual‚ and also serves
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Executive summary The e-Technology guide aims to analyse the practice of Green Supply Chain Management (GrSCM) adopted by different companies in the face of increasing impacts of business operations on environment. The guide will start with introducing the reasoning behind the decision of implementing GrSCM and discussing about GrSCM’s current and future development directions. More details regarding to the definition of GrSCM and in-depth analyses about its structure will be also elaborated. Besides
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Current Research A Camera’s View of Consumer Food-Handling Behaviors JANET B. ANDERSON‚ MS‚ RD; THOMAS A. SHUSTER‚ PhD; KELEE E. HANSEN‚ MBA‚ RD; ALAN S. LEVY‚ PhD; ANTHONY VOLK ABSTRACT Objective To compare consumer food-handling behaviors with the Fight BAC! consumer food-safety recommendations. Design Subjects were videotaped in their home while preparing a meal. Videotapes were coded according to Fight BAC! recommendations. A food-safety survey was administered and temperature data
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individual functions to integrating activities into key supply chain processes. An example scenario: the purchasing department places orders as requirements become known. The marketing department‚ responding to customer demand‚ communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand. Information shared between supply chain partners can only be fully leveraged through process integration. Supply chain business process integration involves collaborative
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WAREHOUSING IN SUPPLY CHAIN Introduction Warehousing is one of the most important and critical logistic activities in industrial and service systems. A few production philosophies‚ e.g. just in time (JIT) and lean manufacturing‚ propose and support the so-called ‘‘zero stock’’ as basic and strategic pillar. Also manufacturing requirement planning (MRP)‚ the well known and widely adopted ‘‘push-’’ based fullfilment technique‚ theoretically guarantees no storage quantities when the ‘‘lot
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Chapter 4: Multiple Choice Questions 1. Forecasts a. become more accurate with longer time horizons b. are rarely perfect c. are more accurate for individual items than for groups of items d. all of the above e. none of the above One purpose of short-range forecasts is to determine a. production planning b. inventory budgets c. research and development plans d. facility location e. job assignments Forecasts are usually classified by time horizon into three categories a. short-range‚ medium-range
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