Literature Review Brent D. Williams and Travis Tokar‚ (2008) in their study “A review of inventory management research in major logistics journals: Themes and future directions"‚ discussed that logistics researchers have focused considerable attention on integrating traditional logistics decisions‚ such as transportation and warehousing‚ with inventory management decisions‚ using traditional inventory control models. Logistics researchers have
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Obermeyer Sport A Strategic Direction in Forecasting Introduction & Summary Klaus Obermeyer is an innovator in the high-end skiwear industry. The company began with down filled jackets and slowly began to diversify its product line with high-altitude suntan lotion‚ turtlenecks‚ nylon wind-shirts‚ mirrored sunglasses and more. In 1961‚ the first Sport Obermeyer factory warehouse opened in Aspen‚ and the innovations continued with “soft-shell” jackets‚ double lens goggles‚ and the first
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ZARA Case Assignment 1. With which international competitor listed in the case is it most useful to compare Inditex’s financial performance? What do comparisons indicate about Inditex’s operating economics? Why? There are 3 key international competitors mentioned in the case: The Gap‚ H&M and Benetton. The Gap‘s production was internationalized with more than 90% of it outsourced outside of the United States. Its stores‚ however‚ were US centric. Therefore‚ The Gap’s strategy was to own
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Supply Chain Management Conference 2004 Haier Supply-chain Management Presented by: Liang Haishan‚ Vice President of Haier Group Logistics 1 Supply Chain Management Conference 2004 Haier Statistics Haier has experienced continuous turnover increase over the past 19 years after the establishment. Sales Ranking on Brand Basis (Source: Euromonitor) Logistics 2 Supply Chain Management Conference 2004 Background info of Haier Supply-chain Management Shortened product
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INTRODUCTION The ability to respond quickly to the ever-changing marketplace is paramount to the success of most businesses. The convenience-store industry is a highly competitive one and 7-Eleven’s ability to become a leader market leader appears to be based on the company’s ability to quickly respond to the rapidly changing tastes and needs of the market. 7-Eleven has not always enjoyed success‚ especially in the 1980s when things got really bad for the company. Helped‚ however‚ arrived in
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Ngoc Nguyen OPER 360-02 Professor Quinn Final Paper 06.04.2014 Costco Costco has been known as an international chain of membership warehouse‚ which carries quality‚ brand name products at lower prices than other wholesale or retail sources. Costco is truly a global business with a total of 655 warehouses worldwide. In 43 different US States‚ Costco has at least one warehouse. Not only in the America‚ but Costco’s area of operation also spread out to the Asia and Europe. When deciding to go globalize
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Ans3 JITD program created some conflicts both external (i.e. from the distributor perspective) and internal (i.e. from the sales perspective) which are explained below. JITD- Internal Conflicts JITD created some internal resistance within the organization. Sales and marketing department opposed the plan of JITD. They had many fears related to implementation of JITD. There concerns can be explained in the following ways. 1 Sales representative felt that their responsibilities would be reduced
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What are the reasons for the increase in variability in Barilla’s supply chain? Barilla gave volume reductions for the merchants ordering capacity fully loaded quantities‚ in turn causing merchants to place more supply orders than necessary leaving their inventory levels high. This meant that the retailers did not have to order as often due to high inventory rates on hand. There is also a weekly change in customer demand for the pasta produce. The lack of information to customer demand data in
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Preprints of the 18th IFAC World Congress Milano (Italy) August 28 - September 2‚ 2011 ON APPLICABILITY OF OPTIMAL CONTROL THEORY TO ADAPTIVE SUPPLY CHAIN PLANNING AND SCHEDULING Dmitry Ivanov*‚ Alexandre Dolgui**‚ Boris Sokolov*** *University of Hamburg‚ Department of Business Administration Chair of Operations Management‚ 20146 Hamburg‚ Germany Phone: +49 371 53138947; E-Mail: dmitri.ivanov@mail.ru **Ecole Nationale Supérieure des Mines de Saint-Etienne Laboratoire en Sciences et Technologies
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A supply chain strategy is a plan with goals and objectives. It is about using all of the elements involved in the sourcing and procurement of goods and services to produce better results for the company. Typically‚ strategy is aimed at achieving objectives such as pushing a new product development faster‚ improving the use of current technologies‚ bringing products and services to market faster‚ minimizing resource investment‚ and reducing specific costs and response/cycle times. Supply chain strategy
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