Chapter 10 Supply chain Strategy Review and Discussion Questions 1. What recent changes have caused supply chain management to gain importance? 2. With so much productive capacity and room for expansion in the United States‚ why would a company based in the United States choose to purchase items from foreign firm? Discuss the pros and cons. The use of foreign firms can provide a U.S. firm more alternatives in selecting a supplier. The pros are more choices‚ potentially reduced
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a) Customer based segmentation b) Product lines based Segmentation Strategy to optimize supply chain performance of Alpha Systems‚ Inc. (ASI) 1. Procurement – ASI can categorize the procurement requirements based on the customer based segmentation. Achieving procurement according to the strategic importance and service standards will yield to higher reliability of deliveries to the superior valued customers. Further‚ procurement can focus on mass-market consumer channels customer segment by
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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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cost of goods sold (company info) average finished goods inventory (15) 5. Percentage of safety stock Average safety stock (16) total inventory (12) 6. Purchase operating expense dollars as a percent of supply chain purchase dollars Purch operating expense dollars (21) supply chain purchase dollars (2) 7. Purchase order cycle time (in days for purchasing department and excludes supplier lead time) Average amount of time (in days) elapsed from point of intention to place order to receipt
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explain the impacr of supply chain decisionson the success a firm. of 2’ rdentify the three key supply chain decision phases aud explaiu 3. Describe the cycle and pusb/pull views of a supply chain. the siguificance of eachone. 4. Classifythe supply chain macro processes a in firm. this chapter‚ we provide a conceptual understanding of what a supply chail is and {n l-the various issues that need to be ionsidergd when plunning‚ or operating {iisoi"g‚ a supply chain.’we discuss the significance
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/1751-1348.htm A study of resource dependency: the coal supply strategy of the Japanese steel mills – 1960-2010 Bradley Bowden Griffith Business School‚ Griffith University‚ Brisbane‚ Australia‚ and A study of resource dependency 73 Andrea Insch School of Business‚ University of Otago‚ Dunedin‚ New Zealand Abstract Purpose – The development of the Pacific seaborne coal trade since 1960 has been
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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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THE BENETTON SUPPLY CHAIN – CASE STUDY Retail operations – main objectives Benetton‟s core business is in the manufacturing‚ production and sale of casual and sportswear‚ which accounts for 95% of total revenues (Camuffo et al‚ 2001: 47). The company has a market presence in over 120 countries and has consistently generated revenues exceeding $2 billion throughout this decade (Industry profile‚ 2007: 15). It has 5‚000 retail outlets around the world‚ the vast majority of which are run by independent
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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 Management (SCM The average company spends nearly half of every dollar it earns on production needs—goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved‚ directly or indirectly‚ in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. In the past
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