CONTENTS INTRODUCTION……………………………………………………………………………..3 WHAT IS SUPPLY CHAIN MANAGEMENT……………………………………………….4 Three flows of supply chain management………………...……………………………4 FIVE COMPONENTS OF SUPPLY CHAIN MANAGEMENT……………………………..5 VALUE CREATION THROUGH SUPPLY CHAIN MANAGEMENT……………………..6 Three sources of data integration…………………………………………………….....7 SUPPLY CHAIN MANAGEMENT SOFTWARE CATEGORIES……………………….….8 TYPES OF SUPPLY CHAIN MANAGEMENT SOFTWARE………………………….……8 RFID TECHNOLGY…………………………………………………………………………
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QUESTION 1 a. Define what is meant by Supply Chain Management b. Describe the five basic elements of supply chain a. Definition of Supply Chain Management Supply Chain Management refers to the management of the network of interconnected businesses involved of product and service packages required by the end customers in a supply chain. Another definition also defines that supply chain as the flow and management of resources across the enterprise for the purpose of maintaining the business
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Logistics is the management of the flow of resources between the point of origin and the point of destination in order to meet some requirements‚ for example‚ of customers or corporations. The resources managed in logistics can include physical items‚ such as food‚ materials‚ equipment‚ liquids‚ and staff‚ as well as abstract items‚ such as information‚ particles‚ and energy. The logistics of physical items usually involves the integration of information flow‚ production‚ material handling‚ packaging
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Macro and micro environments both fall into the categories of environmental scanning. The general scope of environmental scanning is that it is a component of global environmental analysis. While analyses are typically carried out on the macro environment‚ the micro environment still has an important role to play. In summary‚ the macro environment is involved with the industries‚ companies‚ markets‚ clients and competitors‚ while the micro environment can be represented by the suppliers‚ competitors
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DEFINITION Philip Kotler‚” Logistics is defined as planning‚ implementing and controlling the physical flow of materials from the point of origin to the point of use‚ to meet customer needs at a profit.” Source Philip Kotler‚Marketing management pearson education According to American Marketing Association‚ logistics may be defined as‚ “the management of all activities which facilitates movement and the coordination of supply and demand in the creation of time and place utility
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W2D: Environmental Factors : Environmental Factors Select an existing business (name the business) and identify the various internal and external stakeholders of that business. For the business you selected‚ which of the environmental factors might have the biggest impact on the business? How? W2: Disney Homework Deadline: Due by the end of week 2 at 11:59 pm‚ ET. Directions: Access the following link to view a video about Disney. Once you’ve watched the video‚ answer the following questions
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LINKS Supply Chain Management Fundamentals Simulation Revised July 2010 Randall G. Chapman‚ PhD 2 LINKS Supply Chain Management Fundamentals Simulation Table of Contents Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ...............................................................
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Green Supply Chain Management‚ Marketing Tool or Revolution? Françoise van den Broek Published on the occasion of the inaugural speech related to the lectureship Logistics & Sustainability Green Supply Chain Management‚ Marketing Tool or Revolution? Françoise van den Broek Published on the occasion of the inaugural speech related to the lectureship Logistics & Sustainability F.N. van den Broek-Serlé‚ MSc‚ CEMS MIM‚ MTL Breda | Zoetermeer‚ the Netherlands‚ January 2010 This
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Factor : Size of droplets Other than emulsion stability and viscosity ‚ the droplet size of the oil also do influence in the formulation of the Parenteral nutrition emulsions. This can be seen in the creaming of an emulsion. The creaming of an emulsion is best explained by the Stokes’ equation: Where ( ) is the rate of creaming ‚ r is average radius of the droplet‚ (po-pw) is the different density between oil phase and water phase‚ g is the gravity and n is refer to the viscosity of the emulsion
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the influence of a Supply Management Orientation (SMO) on the suppliers’ operational performance and buyers’ competitive priorities cost‚ quality‚ delivery‚ flexibility. SMO will be explored thoroughly in this research to describe the efforts which the management has deemed necessary in the creation an operating environment where the buyer and supplier interact in a synchronized manner. Practitioners as well as researchers have supported the advantages of supply chain management. This research identified
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