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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umbrella called Supply Chain Management (SCM)‚ more specifically inside Logistics. SCM is based on four mayor strategic decision areas; location‚ production‚ inventory and transportation (distribution) (Intro to supply CM). A Transportation and distribution strategy is key in the value chain for global companies and is a fundamental part of the logistics process as part of the global supply chain models (Chopra and Meindl‚ 2007: 54; Vidal. 1997). The concepts of logistics and supply chain management are
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Chapter 4: Supply Chain Management at Durham International Manufacturing Company (DIMCO) 1. Briefly describe DIMCOs supply chain: DIMCO has a traditional or basic supply chain with all activities directed at delivering a finished product to customers. DIMCO uses 1350 components which are sourced from 375 suppliers. • The finished goods go to a central warehouse; • From the Central warehouse the finished goods go to regional distribution centers: 6 domestic and 4 international (outside the United
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Fundamentals of Supply Chain Management Download free eBooks at bookboon.com 2 Fundamentals of Supply Chain Management © 2011Dr. Dawei Lu & Ventus Publishing ApS ISBN 978-87-7681-798-5 Download free eBooks at bookboon.com 3 Fundamentals of Supply Chain Management Contents Contents Preface 7 1 Introduction 8 1.1 Why Supply Chain Management 8 1.2 Defining supply chains 9 1.2 Customer Orientation 11 1.3 Defining Supply Chain
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A. Analyze whether a Keiretsu network‚ a virtual company‚ a vertical integration‚ or a different supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own stakes in one another as a means of mutual security‚ especially in Japan‚ and usually including large manufacturers and their suppliers of raw materials and components. There are two types of keiretsu: vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a company
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Supply chain of Renault When we look at the supply chain of Renault it does not differ much from other car manufacturers. The making of a car starts with the design of the chassis‚ which is done by the designing department of Renault. When the design is approved‚ a concept car must be produced to check the feasibility of the car. When the concept car has proven feasible the real process in the supply chain begins. Renaults owns plants where the certain car is produced. In order to manufacture
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As a part of Riordan’s new total systems process design‚ it is imperative that we examine our present stable supply chain process for the manufacturing of electric fans at our plant located in Hangzhou‚ China. The current supplies available for retail and wholesale purchase in the China plant consist of electric fan motors‚ fan parts made from plastic polymers‚ and assembled fan units. The motors are purchased from a local Chinese company as completely assemble unit and are stoked for purchase (University
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The history of Honda Honda is one of the world’s largest motorcycle manufacturers and of the leaders in the automakers industry. It was founded in 1948 by Soichiro Honda and Takeo Fujisawa. It’s headquarter is in Tokyo‚ Japan and it serves worldwide. Honda has 492 subsidiaries and affiliates accounted under its equity. The company develops‚ manufactures‚ and markets a wide range of products such as: automobiles‚ motorcycles‚ scooters‚ ATV’s‚ electrical generators‚ water pumps‚ lawn and garden equipments
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previously been a family run business‚ and following the death of the founder and CEO‚ family members decided to sell the enterprise. Vonkel saw the potential for this business and purchased it‚ with intentions of improving supply chain performance. The domestic supply chain involves inbound shipments of raw materials from a number of small suppliers to a manufacturing location in Pretoria. Once the jewelry has been created‚ shipments are sent through a transportation intermediary to retail stores
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/1751-1348.htm A study of resource dependency: the coal supply strategy of the Japanese steel mills – 1960-2010 Bradley Bowden Griffith Business School‚ Griffith University‚ Brisbane‚ Australia‚ and A study of resource dependency 73 Andrea Insch School of Business‚ University of Otago‚ Dunedin‚ New Zealand Abstract Purpose – The development of the Pacific seaborne coal trade since 1960 has been
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