How does a concentrated cluster enhance the supply chain management and therefore improve the firm performance? Any drawbacks? Supply chain management is improved through the use of concentrated clusters because of the relationships developed between the supplier and customer. Utilizing a concentrated cluster adds benefits to a company since the clusters are linked to several companies and other entities within the same industry. Being involved with clusters allows the company and customers
Premium Supply chain management Management Supply chain
Introduction Supply Chain is one of the critical factors for the smooth functioning of any business in the world. When talking about fast food restaurant or business‚ McDonald’s Supply Chain model is one of the highest precisions. It is this unmatched Supply Chain Structure‚ which not just ensures on time delivery of raw materials and supplies to McDonalds but also enables it to cut down on its cost and maximize profitability along with maintaining highest quality standards of its products. From
Premium Supply chain management Milk Supply chain
Improve Supply Chain Efficiency through a Web-Based System: A Case Study on a Pharmaceutical Company in Thailand Panthip Pothitong Assumption University Email: panthip_pothitong@yahoo.com Chayakrit Charoensiriwath‚ Ph.D. National Electronics and Computer Technology Center Email: chayakrit.charoensiriwath@nectec.or.th Abstract - The supply chain operations in pharmaceutical industry are one of the most complex operations to manage. To efficiently manage the supply chain in this industry‚ information
Premium Electronic Data Interchange Supply chain management Supply chain
Executive summary Supply chain management has gradually been accepted by strategy makers in corporations all over the world‚ who are keep trying to make corporations more competitive through supply chain management. During this process‚ information system means a lot‚ which determines whether the supply chain can work well. Success of DELL is mainly determined by the quick response supply chain system‚ using an efficiency information system. Especially in this informative period‚ information acquiring
Premium Supply chain management Supply chain Logistics
umbrella called Supply Chain Management (SCM)‚ more specifically inside Logistics. SCM is based on four mayor strategic decision areas; location‚ production‚ inventory and transportation (distribution) (Intro to supply CM). A Transportation and distribution strategy is key in the value chain for global companies and is a fundamental part of the logistics process as part of the global supply chain models (Chopra and Meindl‚ 2007: 54; Vidal. 1997). The concepts of logistics and supply chain management are
Premium Supply chain management Supply chain Logistics
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
Premium Supply chain management Hamburger Supply chain
Int. J. Management and Enterprise Development‚ Vol. 3‚ No. 3‚ 2006 Porter’s value chain model for assessing the impact of the internet for environmental gains Nazim U. Ahmed and Sushil K. Sharma* Department of Information Systems and Operations Management Ball State University Muncie‚ IN 47306‚ USA E-mail: nahmed@bsu.edu E-mail: ssharma@bsu.edu
Premium Internet Environment Environmentalism
1. What are the ways that Inditex ensures that “fast fashion” is truly fast? Inditex ensures that its fashion is fast through its supply chain efforts. They have created new methods to enable store managers to order and display merchandise faster and added cargo routes for shipping goods. The company ships clothing straight from the factory to stores and makes two-thirds of its goods in Spain and nearby countries‚ compared to most competitors who manufacture most of their clothing in Asia. Inditex
Premium Management Marketing Strategic management
“To further the analysis of competitive advantage‚ Michael Porter introduced the value chain as a tool to examine the activities of a business.” As seen in figure 2‚ “Porter distinguished a firm’s support activities from its operational or primary activities.”(Book) [pic][pic] Support Activities Firm Infrastructure Human Resource Management Peta Hay‚ Director of the Tesco Academy‚ commented: “We believe it is more important than ever to invest in our people as Tesco continues to expand both
Premium Management Strategic management Supply chain management
FOOD CHAINS and FOOD WEBS There are two types of feeding relationships: autotrophic and heterotrophic. Autotrophic organisms make their own food by the process of photosynthesis e.g. plants. Heterotrophic organisms cannot make their own food (i.e. cannot carry out photosynthesis)‚ therefore must eat other organisms to get their nutrients e.g. animals. A food chain is the feeding relationship among organisms or the series of living organisms that eat each other. A food chain shows the transfer
Premium Food chain Animal Plant