Three Book Case Studies (Individual Basis) 15% “Take Home Test” (Individual Basis) 5% EOQ Mathematical Question (Individual Basis) 50% Final Exam (Individual Basis) Method On-line Course Week 1 (Chapter 1) Logistics and the Supply Chain Course Outline Economic Impacts of Logistics Logistics: What is it The Increased Importance of Logistics Activities in the Logistics Channel As your first step in getting started with this course‚ please
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of these forces led Unichema to a fundamental improvement. Having determined that achieving efficiencies depended on the plant becoming more customer driven and less production driven‚ Unichema tried to support changes that drove a customer orientation within the company. The biggest change affected the areas of production‚ logistics‚ sales‚ and customer service. In the new system‚ the logistics department assumed a coordinating role between the customer and production. Logistics assumed the role
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The Benetton supply chain One of the best known examples of how an organization can use its supply chain to achieve a competitive advantage is the Benetton Group. Founded by the Benetton family in the 1960s‚ the company is now one of the largest garment retailers‚ with stores which bear its name located in almost all parts of the world. Part of the reason for its success has been the way it has organized both the supply side and the demand side of its supply chain. Although Benetton does manufacture
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of Supply Chain Management? Supply Chain Management (SCM) is an essential element to operational efficiency. SCM can be applied to customer satisfaction and company success‚ as well as within societal settings‚ including medical missions; disaster relief operations and other kinds of emergencies; cultural evolution; and it can help improve quality of life. Because of the vital role SCM plays within organizations‚ employers seek employees with an abundance of SCM skills and knowledge. Supply chain
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previously been a family run business‚ and following the death of the founder and CEO‚ family members decided to sell the enterprise. Vonkel saw the potential for this business and purchased it‚ with intentions of improving supply chain performance. The domestic supply chain involves inbound shipments of raw materials from a number of small suppliers to a manufacturing location in Pretoria. Once the jewelry has been created‚ shipments are sent through a transportation intermediary to retail stores
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quality of raw material‚ components‚ packaging items‚ product sourcing‚ and bought in parts at the lowest price to support the company’s operations. McDonald is not just ensures on time delivery of raw materials but also enables it to cut down on its cost and maximize profitability along with maintaining highest quality standards of its products. Then‚ the manufacturer will process the raw material such as beef into hamburger meats. This involves the production process and work in process. Thus‚ the
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Supply Chain relationships and Supply Chain dynamics are topics that are closely related to each other. A discussed in Russell and Taylor (pgs. 426-427)‚ the bullwhip effect is a prevalent dynamic in supply chain management. Methods to decrease the bullwhip effect include: increased information sharing and coordinated forecasting. As has been noted before‚ the clothing company Zara is a good example of a well-designed supply chain system. Zara has been able to successfully keep information flow
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The nature of the supply chain Learning Points Understand what a supply chain is Gain an appreciation of the behaviour of supply chains Understand some of the issues with highly dispersed supply chains Supply Chain Management concerns… The relationships and flows between different operations Links between value-adding upstream and downstream processes All issues concerning product / service delivery from raw materials to end user Purchasing / Procurement Physical
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Garments 18 2.4.2 Stakeholders 21 2.4.3 Employees 22 2.4.5 Customers 22 Downward Supply Chain in RMG sector of Bangladesh 24 3.1 Cotton 24 3.2 Yarn and Thread 25 3.3 Fabric (Knitting and Weaving) 26 3.4 Dyeing 26 3.5 Printing 26 3.6 Accessories 27 3.7 Lead Time 27 3.8 Sourcing of Raw Materials 28 3.9 Downward Supply Chain Management 28 3.10 Links within the Supply Chain 29 Current Backward Supply Chain in Viyellatex Garments 31 4.1 Cotton 37 4.2 Yarn and Thread 37 4.3 Knitting 38
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. SUPPLY CHAIN INTEGRATION Supply Chain Management revolve around efficient integration between suppliers‚ manufacturers‚ warehouses‚ and stores. The challenge is on how to coordinate all the activities‚ in order to: * Improve performance * Reduce cost * Increase service level * Reduce Bullwhip effect * Better utilise resources * Respond effectively to changes in market places Not merely coordinating production‚ transportation and inventory‚ but also integrate front
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