CHAPTER 3 Supply Chain Drivers and Metrics LEARNING OBJECTIVES After reading this chapter‚ you will be able to: I. Identify the major drivers of supply chain performance. 2. Discuss the role of each driver in creating strategic fit between the supply chain strategy and the competitive strategy. 3. Detine the key metrics that track the performance of the supply chain in terms of each driver. In this chapter‚ we introduce the three logistical drivers-facilities‚ inventory‚ and transportation-and
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cuts people citizens are willing to take whatever jobs are available‚ to sustain a suitable life style for them. Today I am going to talk to your briefly about the history of minimum wage‚ why it should be increased‚ how it can help the economy ‚ the benefits of increasing minimum wage‚ what states have recently increased minimum wage‚ how the government is involved and what we can do as citizens. (Next Slide) According to the U.S. Department of Labor‚ minimum wage is the lowest wage permitted
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Economics Extended Response Demand & Supply of Labour Outline the main factors that influence the demand and supply of labour for a firm. Explain how the interaction of the demand and supply of labour determines labour market outcomes. Analyse how changes in consumer tastes‚ productivity levels‚ workforce participation rates and the ageing of the population might affect the labour market. The labour market is one of the more sophisticated elements of the market economy and having an understanding
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1. Which businesses processes are the most important at Summit Electric Supply? Why? There are several business processes that were used by the Summit Electric Supply company. Among them the important ones are: 1) ERP software from SAP-> Scalability and investors visibility was the two factors most important to the company and both these factors were very well tackled by the ERP software.SAP functionality in sales and distribution‚ materials management and financials greatly benefited the company
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Minimum Wage Laws Really Help? Minimum wage laws were first implemented in the United States in the early 1900’s and since then‚ economists have all agreed that they play a large role in our economy. They were first implemented to put an end to the sweat shops in America‚ however things have changed dramatically since then. The minimum wage is an important topic to consider and understand because "minimum wage workers" account for 1.7 million Americans. In the past‚ when the minimum wage has been
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HBR CASE STUDY Too Far Ahead of the IT Curve? Peachtree Healthcare’s patchwork IT infrastructure is in critical condition. Should the CEO approve a shift to risky new technology or go with the time-tested monolithic system? by John P. Glaser F Daniel Vasconcellos after their squash game‚ Max Berndt drank iced tea with his board chairman‚ Paul Lefler. Max‚ a thoracic surgeon by training‚ was the CEO of Peachtree Healthcare. He’d occupied the post for nearly 12 years. In that time the
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LOW LITERACY This essay will discuss the causes and the effects of low literacy in the societies. First‚ it discusses the economical causes of low literacy which are large population‚ poverty rates and instable economy. Secondly‚ it will discuss the political causes which are misuse of funds and corruption and change policy and followed by the social causes. After‚ it will briefly discuss the effects of the causes and finally it will conclude that low literacy is caused by the economy‚ politic
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S-Curve Insight into the Electric Automobile Industry Introduction Many technological improvements have been made to vehicles to reduce their environmental impact. Some of these advances have been imposed by environmental legislation‚ others have been incentivized by commercial pressure to improve energy efficiency and limit our dependence on fossil fuel. Greening the transportation sector is thus important for meeting global emissions reduction targets. One innovative technology to achieve a green
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who have been forced to give up school‚ sports‚ play and sometimes even their families and homes to work under dangerous‚ harmful‚ and abusive conditions. DEFINING CHILD LABOUR: According to the United Nations and the International Labor Organization‚ child labor is to be considered if: “...States Parties recognize the right of the child to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the child’s education‚ or to be
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Labor Unions: Relevant or Irrelevant? Good or Bad? During previous years‚ labor unions were used by industry workers as a way to make their voices heard and to push for change regarding unfair treatment. To some‚ these unions were seen as a form of threat but to others it was a way to bring the workforce together and make it beneficial to not one or a few‚ but to all. Labor unions have become irrelevant in the United States today. They were an important and fundamental part of the history of United
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