Winter Project Dec’ 2012 A Literature review on Risk in Supply Chain [pic] Under the Guidance of: Submitted by: Prof. P.K. Jha Sandeep Singh Dept. of Industrial Engineering & Management M.Tech 1st year IIT Kharagpur 12IM60R03 Risk in supply chain 1. What is Risk? Risk can be broadly defined as a chance of danger‚ damage‚ loss‚ injury or any other undesired consequences. A more scientific definition of risk was provided
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Supply Chain 1 I Care Healthcare Supply Chain Management By Jeffrey S. Moser Operations Management MGT 554 Professor Stephen Wernick October 12‚ 2004 Supply Chain 2 Supply Chain Management plays a vital role in our hospitals today. With the growing cost of healthcare and new technologies‚ it is vital for hospitals to run as efficiently as possible and without jeopardizing care. To the materials manager and to the financial minds of a hospital the area of supply chain is a tedius task at best
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Definitions • Operations and supply chain management (OSCM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services • Concerned with the management of the entire system that produces a product or delivers a service • Operations refers to manufacturing and service processes that are used to transform the resources employed by a firm into products desired by customers • Supply chain refers to processes that move information
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delivered & General background It is reported that Michael Dell establishes the Dell Computer Corporation in 1984 which develop quickly expand market share of computer industry date back the early 1990’s‚ Michigan Technological University (2010). Dell website (2012) mentioned that the objective of Dell is to be global IT leader by building and inspiring IT solutions and services that give customers the power to do more. It also said that Dell offer laptops‚ desktops‚ monitors‚ printers‚ electronic‚
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QUESTION 1 Is supply chain management for real or is it just another fad? Does the answer to this question depend on how a company pursues SCM? ANSWER 1 Supply chain management is for real. This is because it is used frequently in today’s materials management environment. SCM is generally associated with advanced information technologies‚ rapid and responsive logistics service‚ effective supplier management‚ and increasingly with customer relationship management. Most materials
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Purchasing and Supply Chain Management Assessment 1 Nessa’s Bar Report Course Code: BS1D75 Student Number: 08154619‚ 09046100‚ 09030883‚ 09046577‚ 09047735 Contents Page • 1.1.1 Problem – Poor Organisation on Purchasing and Supply……….. • 1.1.2 Solution - Poor Organisation………………………………………. • 1.2.1 Problem - Purchasing Policy Procedures…………………………. • 1.2.1 Solutions - Purchasing Policy Procedures………………………… • 1.3.1 Problem - Poor Management………………………………………. • 1.3.2Solution
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LOGISTICS‚ SUPPLY CHAIN & TRANSPORT MANAGEMENT PROGRAM The Cambridge International College Publication on ‘Logistics‚ Supply Chain and Transport Management’ by Ronald H Ballou will be sent to you by registered airmail post as an integral component of the Program Introduction This Publication is concerned with the vital subject of business logistics and supply chain management‚ an area that can be essential to a firm’s competitive strategy and revenue generation. This management area has
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Corporations (MNCs) and lack in supply chain management‚ MNCs have been criticized as behaving unethically in some situations. It makes a very bad impact on the business and it can destroy the brand image of the corporation. In order to determine the cause and solve this problem‚ I will examine the ethic of largest computing corporation (Apple) in its relationship with its main manufacture (Foxconn). Then‚ I will try to consider and apply due diligence in supply chain management carefully to solve their
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THE SUPPLY CHAIN MANAGEMENT CONCEPT Multiple Choice Questions 1. According to Professor Mentzer and colleagues‚ the supply chain concept originated in what discipline? c. logistics (c; p. 33) 2. The supply chain management philosophy emerged in which decade? d. 1990s (d; p. 33) 3. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage‚ through to the end user‚ as well as the associated information
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Business Services White Paper Supply Chain Risk Management: A Delicate Balancing Act A multi-faceted view on managing risk in a globally integrated enterprise Risk Management IBM Global Business Services Page Table of Contents Risk and Consequence: Tales from the Industry Supply Chain Risk Categories Disruptive Events‚ Uncertainty and Impact Models and Methods for Supply Chain Risk Management Example of Risk Management for IBM’s Product Supply Chains An Approach for Measuring the
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