Case Study #1 - Sunspot‚ Inc 1. What are the most likely benefits of forming strategic supply alliances with Sunspot’s key suppliers? A strategic alliance between Sunspot and its key suppliers will result in a relationship based on trust. It’s key for both parties to develop and manage this “institutional” trust or the alliance will fail. Trust will facilitate communication which will lead to less errors and higher quality‚ faster development times‚ and lower costs. Synergies created by
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The Importance of Supply Chain Management Supply chain management (SCM) is very important and effective to all companies. David Simchi-Levi‚ Philip Kaminsky‚ and Edith Simchi-Levi defines supply chain management as “a set of approaches utilized to efficiently integrate suppliers‚ manufacturers‚ warehouses‚ and stores‚ so that merchandise is produced and distributed at the right quantities‚ to the right locations‚ and at the right time‚ in order to minimize systemwide costs while satisfying service
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Give arguments to support the statement that Wal-Mart has achieved very good strategic fit between its competitive and supply chain strategies. Wal-Mart’s competitive strategy is based on three dimensions: high product availability‚ a wide variety of goods‚ and everyday low pricing. Consistently providing a wide variety of goods at low prices presents a challenge to many retailers due to the costs required in managing transportation‚ inventory‚ facilities‚ and information. Their pioneering use of
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SUPPLY CHAIN MANAGEMENT 25 Raising the Bar The supply chain TOP BY DEBRA HOFMAN AND STAN ARONOW‚ GARTNER‚ INC. The 2012 ranking of supply chain leaders from Gartner includes a broad mix of global companies—a few new to the list‚ but most having recorded multiple appearances. These leaders share certain characteristics that drive day-to-day performance while solidifying the foundation for future growth. Their standout performance is raising the supply chain leadership bar for companies
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Beautician Nowadays everyone wants to look attractive‚ polished and presentable. For this purpose ‘Cut & Bite’ hire services of beauty salons and beautician. These beauticians are also known as cosmetologist. Aim of a beautician is to groom the personality of a person by providing various beauty treatments and through the art of a professional makeup. Whether one can looking for hair styling‚ facial services‚ manicure‚ pedicure‚ massage‚ hair removals or professional casual or party makeup services
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drinking or driving under influence. The state liquor distribution system is considerably less efficient than private industry. Because the redesigning of the current system will create severely disadvantage themselves relative to larger‚ high-volume chains and retailers. Summary of Facts In April 1933‚ Michigan Liquor Control Commission becomes the first state to authorize of the federal prohibition. The bill for beer and wine was passed and allowed distribution from brewers and wineries to private
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Designing and Managing the Supply Chain David Simchi-Levi Philip Kaminsky Edith Simchi-Levi Solutions for Discussion Questions1 Kerem B¨ulb¨ul 1We would like to thank Shiming Deng for his valuable contributions to the preparation of this manual. Chapter 1 Introduction to Supply Chain Management Discussion Questions Question 1 Pick any car model manufactured by a domestic auto maker. For example‚ consider the 2002 Ford Thunderbird. a. The supply chain for a car typically includes the following
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ISSUES AND CHALLENGES OF SUPPLY CHAIN MANAGEMENT IN INDIA M.VENKATA RAMANA REDDY1 & N.V.S.RAJU2 1 G.Narayanamma institute of Technology and science for women‚ Shaikpet‚ Hyderabad-08 2 Department‚ J N T U‚ Jagityal‚ Karimnagar dist‚ Andhra Pradesh Abstract- Despite the extensive research carried out in the area of supply chain management (SCM) all over the world‚ SCM practices have not yet been well adopted in developing countries like India. This paper highlights the present issues and challenges
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paced world a stringent Supply Chain Management (SCM) will always act as a competitive advantage and will be the key to what sets business apart in terms of financial performance. This is also further supported by Gunasekaran et al.‚ (2004) that SCM has been increasingly a major component of competitive strategy to improve organizational productivity and profitability. Therefore in order to respond to constantly changing customer preferences‚ an efficient and effective supply chain is a paramount to fulfil
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Zara has thrived by employing a vertical supply chain. This chain has developed a strategy that has led Zara to create a fashion empire. In 2008‚ Zara had over 1520 stores and produced €6‚8 billion in sales. The supply chain is depicted in figure 1. The chain starts at the headquarters were the designers produce nearly 30‚00 different designs per year. Typical competeitors produce about 2000-4000. Zara employs a quick response system (discussed later) in wich informnation about trends‚ store
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