Retail super-giant Wal-Mart has fought its way to becoming the world’s largest company. Wal-Mart’s legendary supply chain technology has allowed them to break the three-day barrier that some economists in the eighties felt that it was unbreakable. In other words‚ Wal-Mart is often able to replenish items on the Wal-Mart shelf in less than three days – not from the central warehouse to the shelf‚ but from the manufacturer to the shelf. With quick and reliable 2-day turn around‚ Wal-Mart is able to
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1. What are Crocs core competencies? * Highly flexible supply chain * Innovative and proprietary material: crosslite * Innovative product development * Efficient manufacturing processes that allows the company to produce more than 250 styles of shoes * Global Marketing & Distribution; the company is selling its products in 125 countries 2. How do they exploit these competencies in the future? Consider the following alternatives: a. Further integration into
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smi8239X_ch01_001-026.qxd 2/27/07 11:22 PM Page 1 CHAPTER 1 Introduction to Supply Chain Management 1.1 WHAT IS SUPPLY CHAIN MANAGEMENT? Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚
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Supply Chain Paper Jasmine Coney MKT/421 September 29‚ 2014 Andrea Benjamin Supply Chain Paper Supply chain logistics are an essential element of the world economic system. Goods can be exchanged from numerous global corporations‚ with a form of value accumulating at each additional stage. A supply chain can be described as “the complete set of firms and facilities and logistic activities that are involved in producing materials‚ transforming them into intermediate or
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Xbox case: Lee‚ Hau; Hoyt David W. and Holloway‚ Chuck‚ “Evolution of the Xbox Supply Chain” * Who are the various stakeholders for Xbox that formed the Microsoft ecosystem while developing the supply chain business strategy for Xbox? * What were the challenges faced by Xbox when it first launched Xbox? * How did this compare to the launch of Xbox 360? * Did they consider any changes in the supply chain? Essay: Xbox Stakeholders Microsoft’s Xbox project was started by a group
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Advisory Demystifying supply chain finance* Insights into the what‚ why‚ how‚ where and who Table of contents The heart of the matter The emerging Supply Chain Finance (SCF) tool set. An in-depth discussion 2 SCF—what it is‚ why it’s important‚ and how it works. What this means for your business 4 Reaping the end-to-end benefits available through effectively managed SCF solutions. 10 March 2009 The heart of the matter The emerging Supply Chain Finance (SCF) tool
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7 Principles of Supply Chain Management 1. Introduction Before we are to analysis this article‚ first let us clarify something before we start .In this article‚ it states the 7 principles of supply chain management and its importance in practical ‚many of us must have a question‚ what is a supply chain management and why is it important for a company today ? Supply chain management (SCM) is the process that is used by a company to ensure that its supply chain is efficient and cost effective
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Supply Chain Structure The adidas Group has outsourced most of its production. We work with more than 1‚200 independent factories from around the world that manufacture our products in 63 countries. The most dominant sourcing locations are: China‚ India‚ Indonesia and Vietnam. Our supply chain is global and multi-layered‚ with many different types of business partners‚ some of who are directly contracted factories‚ and others who are not. In 2011‚ the top five countries per region by number of
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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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Discuss the relationship between Supply Chain Management and Logistics Management. What are the repercussions of these terms being used interchangeably? The relationship between logistics and supply chain management is the flow of products‚ services‚ information and funds between supply chain stages in which organizations plan‚ implement and control flows in order to effectively and efficiently fulfill customer requirements (Christopher 2011‚ p. 2). Although both management functions share a common
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