Aligning The Supply chain Strategies With Product Uncertainties Introduction • Why Should We Align Supply Chain Strategy? • Supply Chain Strategies in the Information Era • Setting Up a Right Supply Chain Strategy to Match Product Uncertainty • Categorized products into two: Functional Product and Innovative Product. Two Types Of Risk • Demand Uncertainty • Based on Product attributes: Functional and Innovative. • Supply Uncertainty. • Based on Supply Processes: Stable and Evolving. Demand
Premium Management Supply chain management Production and manufacturing
4.3.5 Strategies to match product uncertainty As described in the previous sections uncertainty can have a huge impact on supply chain processes and its performance. Lee brought Fishers and his findings together and developed a framework that provides four strategies which considers uncertainties on demand and supply side (Lee‚ 2002): Figure 1: Product uncertainty (Source: Lee‚ 2002) For products with low demand and low supply uncertainties companies should focus on improving the efficiency
Premium Strategic management Management Marketing
POLLUTION Pollution happens absolutely everywhere‚ every single second of the day‚ everywhere on earth. It happens in many city‚ many town‚ or many state. You can find pollution in cars‚ home electronics‚ personal hygiene products‚ natural disasters‚ and even your own home. Pollution is poison for anything that lives and breathes; it poisons water‚ air‚ land‚ humans‚ and animals‚ so it cannot to be taken lightly. As a law people should take more care of their surroundings and try harder to preserve
Premium Global warming Air pollution Environmentalism
just in the United States. In 1999‚ Starbucks expanded into China. Today‚ their expansion continues in China and around the world. Starbucks now has stores in 47 countries. Their global expansion strategy and performance is stellar. Let’s examine some possible components of Starbuck’s global expansion strategy that enables them to determine how‚ why‚ and where they expand. According to their Annual Report‚ Starbucks opened up 2‚571 new stores in 2007 (www.starbucks.com). They now operate
Premium
Teen pregnancy rates have been on a steady decline from 2009‚ and about six percent of this drop is accredited to the MTV reality show‚ 16 & Pregnant. MTV is an American television channel known for the airing of reality shows filled with controversial topics and dramatic scenes. 16 & Pregnant was first aired on the MTV channel in June of 2009. Created by Lauren Dolgen‚ 16 & Pregnant was the first show that strictly revealed the everyday lives of teen mothers. The reality show 16 & Pregnant has
Premium Reality television Mother MTV
Global Outsourcing of American Products and Services Global outsourcing of American products and services is a trend that is becoming increasingly popular with large corporations. For the same services provided in the United States‚ corporations are finding quality work in other countries for a fraction of the cost. The country currently at the forefront of this trend is India. This paper will discuss companies that outsource business to foreign countries and also why they are chose to. The ethical
Premium Outsourcing Economics Globalization
624 Part Four Building and Managing Systems Nestlé Tries for an All-for- One Global Strategy CASE STUDY N estlé is the largest food and beverage company in the world. Headquartered in Vevey‚ Switzerland‚ the company has annual revenues in excess of $70 billion and nearly 250‚000 employees at 500 facilities in 200 countries. Best known for its chocolate‚ coffee (it invented instant coffee)‚ and milk products‚ Nestlé sells hundreds of thousands of other items‚ most of which are adapted to
Premium Management
In this file MGT 322 Week 2 Assignment Global Strategy 1 Dell Business - General Business Strategic Advantage. In supply management‚ one component to explore is how an organization’s supply chain helps to achieve a strategic advantage in the marketplace. What steps/actions would an organization take to determine whether the supply management operation has the appropriate internal competencies to achieve competitive advantage? Respond to at least two of your classmates’ postings. Purchasing
Premium Management Supply chain management Strategic management
Chapter 12 Setting the Product and Branding Strategy 14-1 Copyright © 2003 Prentice-Hall‚ Inc. Kotler on Marketing The best way to hold customers is to constantly figure out how to give them more for less. 14-2 Copyright © 2003 Prentice-Hall‚ Inc. Chapter Objectives In this chapter‚ the following topics will be covered: Product Characteristics and Classifications Product Differentiation Services Differentiation Product & Brand Relationships Packaging‚ Labeling‚ Warranties and Guarantees
Premium Product management Marketing Brand
Discuss the impact of globalisation on the global market and the world trade Globalisationhas become one of the most controversial topics in academic literature. This is not surprising since this discussion is a reaction to the current situation in the world‚ where impacts of globalisationhave influenced every aspect of our lives. Globalisation can be described as the complex processwhich addressesthewidespread and interchanging cultures‚ languages‚ technologies among others
Premium International trade