acquisition process. (need to advertisement‚but competitive is very differcult) l. Ensure supply continuity. (if competitive bidding‚ price high‚ supplier will leave) 4. When compared with single sourcing‚ multiple sourcing -> (lower risk)has the advantage of: dual and cross also double supplier‚ -dual is 2 different supplier to support same product. Cross is the supplier supply A‚ also need to supply B at the same time. m. spreading risk. n. volume leveraging. o. lower
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VIDEO CASE: SUPPLY-CHAIN MANAGEMENT AT REGAL MARINE 1. What other techniques might Regal Marine use to improve supply chain management? Answer: The other techniques might Regal Marine uses to improve supply change management are as follows: * Allowing the supplier to become part of the company coalition. * Specialization – utilizing the efficiency and knowledge of persons specializing in supply chain management * Virtual company – relying on a variety of supplier relationships to
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Supply Chain Management and Business Approach: An Overview Cynthia Joseph August 15‚ 2010 Table of Contents Introduction………………………………………………………………………………….6 The Role of SCM…………………………………………………………………………….6 SCM Business Value Framework……………………………………………………………8 Developing Supply Chain Strategy…………………………………………………..9 Managing the Uncertainty………………………………………………………….10 Technology’s Role in SCM………………………………………………………………...11 Why Implement Supply Chain Management………………………………………
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CHALLENGES OF GLOBAL SUPPLY CHAIN MANAGEMENT Introduction Rapid growth of globalisation has enabled the developed countries to gather the motivation for making investment in developing countries. The developed countries nowadays are investing in different sectors of developing countries. Acknowledging the increasing rate of investment of the developed‚ the entrepreneurs of the developing countries are setting up the necessary infrastructure and facilities to produce low-cost goods for retail
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flexibility and cost. Then following discussion of how Toyota uses techniques in operation management to achieve the five objectives. Based on analysis‚ some suggestions for this firm will shows in the conclusion. FIVE PERFORMANCE OBJECTIVES IN TOYOTA As most successful car manufacturer in the world‚ Toyota is a few automobile companies that able to be stockless production system by its unique operational management systems‚ the most famous Toyota Production System (TPS) and Just-In-Time (JIT). Further
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CASE ANALYSIS: SUPPLY CHAIN MANAGEMENT AT WAL-MART INTRODUCTION Wal-mart Stores Inc was the world’s largest retailer and was started by Sam Walton in 1962 who named it as “Wal-Mart Discount City”. However before Wal-mart; Sam Walton owned a number of Ben Franklin Store Chains. Due to this prior experience of owning smaller variety stores and dealing with its franchised supply chain‚ he learnt various business concepts and also was able to selectively purchase merchandise in bulk from new suppliers
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The Supply Chain of the Next Decade ---A Study on the Context of Global Supply Chain [pic] National University of Singapore Industrial and System Engineering Group Leader: Zhang Juzheng Group Members: Gu Shimin
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bottom to topPull System due to the flow of communication established. ZARA’S VERTICALLY INTEGRATED SC Pull System MANUFACTURING IT INFRASTRUCTURE STORES WORLDWIDE 2) How does Zara’s situation support‚ or not support‚ its supply chain strategy? -There is a decentralized autonomous Pull System. -Flexibility and Fast Response compare to competitors. Average Lead Time 15 days vs 4-6 weeks for the competitors. -Because the company is in the Fast Fashion industry‚ the company
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Benedettini‚ O.‚ Clegg‚ B.‚ & Kafouros‚ M. (2009). Guest editorial: The myths of manufacturing. Operations Management Research‚ 2(1-4)‚ 28-32. http://journals.ohiolink.edu.ezproxy.libraries.wright.edu:2048/ejc/article.cgi?issn=19369735&issue=v2i1-4&article=28_getmom Week 2 1. Chopra & Meindl Chapters4‚ 10 2. Fisher‚ M. L. (1997). What is the right supply chain for your product? Harvard Business Review‚ 75(2)‚ 105-116. http://ezproxy.libraries.wright.edu:2048/login?url=http://search
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all customers d. Setting boundaries for the degree of customization What types of suppliers are assigned a dedicated team as part of the supplier relationship management process? Select one: a. key suppliers b. large suppliers c. all suppliers d. no suppliers The first step in the strategic supplier relationship management sub-process is to: Select one: a. provide guidelines for the degree of customization in the PSA b. review corporate‚ marketing‚ manufacturing and sourcing strategies
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