Chapter 1_The Concepts of Supply Chain Management 1 The Concepts of Supply Chain Management Content 1.1 Introduction 1.2 Definition of a Supply Chain 1.3 Decision Phases in a Supply Chain 1.4 Process View of a Supply Chain 1.5 The Importance of Supply Chain Flows 1.6 Tutorial Questions Learning Objectives After reading this chapter‚ you will be able to: • • • • • • • 1.1 Describe a supply chain and define supply chain management. Define the different organizations that
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Reverse flow Transportation flow Information flow Production/storage Logistic Process Figure: Logistic Framework The figure above shows the logistic process how it works from raw material to end user. Logistics is one of the main functions within a company. Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves
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DLSCM/NRB/3384/13 Course: Supply Chain Management 10/31/2013 Table of Contents Introduction Supply chain is a system of organizations‚ people‚ activities‚ information‚ and resources involved in moving a product or service from supplier to customer (Anna‚ 2006). It is also defined as a set of linkages providing goods and services to end users and to intermediate customers (Chartered Institute of Purchasing & Supply‚ 2009). It is a complex dynamic supply and demand network which is
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To: Chief Executive Officer‚ Mercury International‚ Ltd. From: () CC: () Date: 11/4/2012 Re: Supply Chain Recommendations Our team organizational strategy will base on Mercury’s new vision of Operational Excellence and organization will support a vision of high automation with smaller quantity administrative personnel. Mercury’s new focus will be keyed on minimizing labor cost and yet increasing production by the use of automated mechanics. The
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CONTENTS:1)INTRODUCTION2)IMPORTANCE OF SUPPLY CHAIN MANAGEMENT3)PRINCIPAL ACTIVITIES OF SUPPLY CHAIN MANAGEMENT4)PRODUCT AND ITS KEY CHARACTERISTICS5)AWARDS6)CHANGES OVER LAST 35 YEARS7)DEMAND FORCES8)CHANGES IN MARKET9)PROBLEMS10)SOLUTIONS11)WORLDWIDE DISTRIBUTION12)THE PROGRESS13)CONCLUSION14)REFERANCESPhysical distribution is simply another way of saying"The whole process of business"P.ducker‚ MacMillan‚ 1969"physical Distribution: the frontier of modern management"pg-4. The supply chain encompasses all activities
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Diploma in Supply Chain Management Warehouse Management Table of Contents Introduction……………………………………………………………………………………………………………….3 2) Type of WMS Software…….…………………………………………………………………………………………4 3) Advantage of Warehouse Management System .……………………………………………………..6 4) Disadvantage of Warehouse Management System ………………….………………………………….8 5) Conclusion …………………………………………………………..………………………………………………....11 6) References ……………………………………………………….…………………………………………………..12
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designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010‚ the chain has 313 stores in 38 countries‚ most of them in Europe‚ North America‚ Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and Elmtaryd‚ Agunnaryd--the name of his farm and the name of the village it was located
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Looking Good; LG Electronics India Discusses its Supply Chain Strategy By Jayashree Kini-Mendes Feature | 257 days ago | LG Electronics India believes in reaching products to people on-demand. Somebody impressed the market with a sense of enterprise‚ depth of vision‚ efficiency of service and the durability of products. Jayashree Mendes meets the Vice-President (Head – SCM) of LG Electronics India‚ KK Kaul‚ the man behind this movement. He has been working with the company since LG India set
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Supply chain of Renault When we look at the supply chain of Renault it does not differ much from other car manufacturers. The making of a car starts with the design of the chassis‚ which is done by the designing department of Renault. When the design is approved‚ a concept car must be produced to check the feasibility of the car. When the concept car has proven feasible the real process in the supply chain begins. Renaults owns plants where the certain car is produced. In order to manufacture
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Q1. What is the virtual supply chain? Virtual supply chain (VSC)‚ which has been actively implemented by Amazon.com‚ is a supply chain integrating several different businesses in the sequence of delivering a product or service to the final customer. Since online retailers themselves do not manufacture any product‚ the cooperation with actual manufacturers is very important for customer service. It makes suppliers‚ manufacturers‚ distributors and warehousing agents of different tiers work as one
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