Chapter 1: Introduction Supply Chain is a set of activities that includes purchasing‚ manufacturing‚ logistics‚ distribution‚ marketing‚ that perform the function of delivering value to end customer. The flow of products generally occurs from manufacturers to consumers or end users. Due to an ever-expanding population and an intensification of human activities‚ the Earth is experiencing increasing environmental impacts and its natural resource reserves are foreseen to be gradually exhausted. Focus
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and rarely repeated. Zara‚ H&M and Benetton are three of the most major fast fashion brands‚ however some of their steps from the “supplier of raw materials to the end-customer” in this case these steps are designing‚ manufacturing‚ distribution and retailing not always same. “All stages in chain must include consideration of the final customer; moreover each operation in chain should be satisfying its own customer.” Benetton First was Benetton‚ created by Luciano Benetton during the time‚ when
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1. Amazon.com‚ Peapod‚ Dell‚ and many furniture manufacturers use push-pull supply chain strategies. Describe how each of these companies takes advantage of the risk-pooling concept. To better understand the strategies used by the three (3) companies and furniture manufacturers‚ the definition of Push or Pull is established below: Push Strategies – when the manufacturer uses its sales force and trade promotion money to induce intermediaries to carry‚ promote‚ and sell the product to end users.
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1/13/2015 Solution SCM Ch1 2 Documents Upload (/upload.html) Login (/login.html? back=http%3A%2F%2Fdocslide.net%2Fdocuments%2Fsolution-scm-ch12.html) / Docslide (/) / Documents (/category/documents.html) / Solution SCM Ch1 2 Assignment 1 Supply Chain Management Topic: Understanding the Supply Chain Submitted by: Submitted to: Md. Faisal Hossain Md. Md. Akram Hossain EMBA Spring Semester 2013 Assistant Professor ID: 61120-13-017 MIS‚ University of Dhaka Date: 23-01-2013 Department of Management
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Columbia Business School The New 7-Eleven I’ve got a great opportunity. I’m transforming a brand with 75 years of history. - Jim Keyes‚ CEO‚ 7-Eleven Jim Keyes‚ the 4-year veteran CEO of 7-Eleven‚ is flying his Beechcraft A36 Bonanza. He is ascending to 10‚000 feet‚ and despite the good weather he remains vigilantly focused on the instrument panel‚ and on the bright skies around him. “Flying is a great distraction‚” he says. “You can’t think about anything else when you’re in the cockpit
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Resilient Supply Chain Introduction In the recent years many disasters and catastrophic events such as hurricane Mitch‚ tsunamis‚ SARS‚ terrorist attacks and earthquakes have shown that we live in world with increasing uncertainty. These events can cause major disruptions in the supply chain. Although similar events have occurred‚ since the terrorist attacks of September 11 of 2001 the firms began to reassess the benefits of commonly accepted strategies for sourcing‚ transportation‚ demand
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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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1. The success of Galanz is mainly the result of adopting different competitive strategy and operations strategy under different internal and external situation. From the perspective of competitive strategy‚ first Mr. Liang took the overall cost leadership strategy. As he well understood the competitive edge of his company was offering cheap labor and cheap land‚ he offered a very low price to the customers. By doing that‚ Galanz beat the competitors away as they could not make big profit and
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Case Study 10. As a Lott Global executive‚ what risks would need to be evaluated prior to deciding whether to accept the proposed seven-year contract? Reputation risk: Seven-year-contract is lone term contract. Before signing this contract‚ Lott Global executive should evaluate and do a research about whether BCS is able to run so many years‚ the possibility of going bankrupt. Management risk: Lott Global is an international logistics company. BCS is Chinese company. Different
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Managing supply chain relationships on volatile markets from a risk sharing perspective Course: Supply Chain Management Introduction 2 Supply Chain Management as a Network 3 The appearance of the network 3 Managing the Supply Chain 4 Improve the profitability by improving the supply chain 4 Relationships within Supply Chain Management 5 The value/risk model 6 Managing Different Types of Risks 6 The Triple-A Supply Chain 9 Agility 9 Adaptability 10
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