18th May 2011 Table of Contents Need for Inventory Underlying Principles Current Philosophies of Inventory Mgmt Pros and Cons of IM Principles TOC and MEIO Primary Needs of an Effective IM System MapMySupplyChain 5/27/2011 Strictly Private & Confidential 2 Need for Inventory Inventory Need Principles Philosophies Pros and Cons TOC and MEIO Effective IM System MapMySupply Chsin To tide against Supply Chain Uncertainities – Transporter uncertainity‚ Supplier Lead Time
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GO education su rve y 2013 B-SCHOOLS TO WATCH OUT FOR A definitive guide to the best business schools all over India B usiness schools in India continue to be known for the quality of students that they turn out year after year. In fact‚ over time‚ the demand for the country’s B-Schools has grown by leaps and bounds‚ so much so that newer institutes are mushrooming ever so often in small towns as well as big cities across India. While it is the IIMs that continue to rule the roost
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Wanous and Reichers – ROPES (Realistic Orientation Programmes for new Employee Stress) – emphasis on stress innoculation Include realistic information (lower expect’ns) Provide general support & reassurance Use models to show coping skills Discuss models’ actions Rehearse these actions Teach self-control of thoughts & feelings Give specific information for particular jobs Information in ROPES should be delivered: Information from a credible source Problem and coping Via video and live
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Corporate Valuation Problem Set 2 Dr. Zacharias Sautner If no information about the premium has been given in the questions below‚ you can use the data form the following table: Arithmetic average Geometric Average Stocks ‐ Stocks ‐ Stocks ‐ Stocks ‐ Historical Period T.Bills T.Bonds T.Bills T.Bonds 1928‐2004 7.92% 6.53% 6.02% 4.84% 1964‐2004 5.82% 4.34% 4.59% 3.47% 1994‐2004 8.60% 5.82% 6.85% 4.51% For
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Supply Chain Management _______ Types of inventory * By stages of production and value added * Raw materials (RM) * Work-in-progress (WIP) * Finished goods (FG) * They’re not equally costly * Finished goods are more valuable * They need to be managed differently * By function * Cycle stock (working stock): amount of inventory that you expect to sell * Safety stock (buffer stock): amount of inventory that you don’t expect to sell *
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INVENTORY MANAGEMENT * Types of Inventory * Inventory Costs * Independent – Demand Items and Inventory Costs * Inventory Monitoring * Production Management Systems * Other Issues in Inventory Management What is Inventory? * An investment in the sense that it requires that the firm tie up its money‚ thereby forgoing certain other earnings opportunities. * The higher a firm’s average inventories‚ the larger the dollar investment and cost required and vice
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Components of the Lithosphere -Rigid Outer Layer -Crust and upper mantle -tectonic plates Theory of Plate Tectonics -Theory that Earth’s surface is composed of large‚ thick plates that move and change in size -Combined hypotheses of continental drift and seafloor spreading‚ plus new observations using geophysics superconinents Pangea: super continent -Godwana: (Permian)‚ southern super continent‚ south America‚ Australia‚ new guinea Lavrasia: northern super continent Types of Plate Boundaries
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a theoretical approach whose influence on our understanding of perception has been particularly important‚ and explain your choice.” Recognition-by-components (RBC) theory (Biederman‚ 1987) has greatly influenced our understanding object perception and‚ more specifically‚ recognition. Recognition has been defined by Goldstein (2010) as how humans can categorise objects to give them meaning. RBC suggests that our recognition of objects is dependent on dividing the stimulus into a number of “geons”
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THE POPULARITY OF ACTIVITY BASED COSTING - (ABC) GREW RAPIDLY DURING THE 1990S‚ AND‚ ABOUT IN THE FOLLOWING DECADE‚ MANY SURVEYS REPORTED USAGE RATES OF PAST 50%. OVER THE 10 YEARS‚ HOWEVER‚ THERE HAS BEEN DEBATE ABOUT THE OVERALL RELEVANCE OF THIS COSTING METHOD. TO INVESTIGATE THE CURRENT IMPORTANCE OF WIDE. ABC‚ WE OUR SURVEYED 348 MANUFACTURING AND SERVICE COMPANIES WORLD- RESULTS INDICATE THAT ABC CONTINUES TO OFFER ORGANIZATIONS SIGNIFICANT
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INVENTORY MANAGEMENT Inventory management is crucial for the success of a company. The main objective of Prime Alumumium is to invest the least amount in inventory while maintaining specific operating requirements. Low cost and timely strategies cannot be achieved without a flawless inventory management. FUNCTIONS OF INVENTORY MANAGEMENT There are various functions which an effective inventory management fulfills. It separates different processes in the production from each other. Inventory management
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