Chapter 10 Supply chain Strategy Review and Discussion Questions 1. What recent changes have caused supply chain management to gain importance? 2. With so much productive capacity and room for expansion in the United States‚ why would a company based in the United States choose to purchase items from foreign firm? Discuss the pros and cons. The use of foreign firms can provide a U.S. firm more alternatives in selecting a supplier. The pros are more choices‚ potentially reduced
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a) Customer based segmentation b) Product lines based Segmentation Strategy to optimize supply chain performance of Alpha Systems‚ Inc. (ASI) 1. Procurement – ASI can categorize the procurement requirements based on the customer based segmentation. Achieving procurement according to the strategic importance and service standards will yield to higher reliability of deliveries to the superior valued customers. Further‚ procurement can focus on mass-market consumer channels customer segment by
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SCM – some definitions • Supply chain management (SCM) The coordination of all supply activities of an organization from its suppliers and partners to its customers. • Upstream supply chain Transactions between an organization and its suppliers and intermediaries‚ equivalent to buy-side e-commerce. • Downstream supply chain Transactions between an organization and its customers and intermediaries‚ equivalent to sell-side e-commerce. Members of the supply chain (a) simplified view (b) including
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Supply Chain Management (SCM The average company spends nearly half of every dollar it earns on production needs—goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved‚ directly or indirectly‚ in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. In the past
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Sony’s reduction in supply chain Recently a piece of news which has hit the business circles and is being discussed very much is that Sony is going to reduce 75% of supply chain. Sony will now be relying on 250 of its 1000 current suppliers as a part of short term temporary strategy. Sony is choosing these 250 partners for key products such as digital cameras‚ smart phones etc. (Bloomberg Business Week‚ 2014) The news is being discussed in the business circles heavily. Some are criticizing Sony
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Supply Chain Strategies Integrated Supply Chain Management BUS631 Matthew Keogh This paper shall discuss the concept of supply chain strategies of Hewlett-Packard organization. Strategic planning and modeling (SPaM) is the Hewlett-Packard (HP) supply chain planning‚ analysis‚ and modeling system. “Hewlett-Packard ’s strategic planning and modeling (SPaM) team refined an approach using true optimization coupled with scenario analysis‚ selectively focused on the most
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Supply Chain Management Network Design and Facility Location Classical Theories von Thunen Agricultural activity occurs in a “limitless plain of equal fertility” with a city in the middle Theorized that: City price = origin price + transport costs Transport costs = f {weight & distance} As a result Products having high weight/value ratio should be produced near the city (see next slide) Other Contributions Land values decrease as move from city More intense land utilization near
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ndex 1. What has caused the so-called Inventory/Service "Crisis"? 1 2. What are the important "drivers" of safety stock? 2 3. Recommend quantitative target inventory levels for the six European options‚ assuming a weekly periodic review replenishment. 4 4. Assuming a 20% gross margin for each printer‚ sea transportation costs of $1 per printer and air transportation costs of $10 per printer (air shipment lead-time is three days)‚ evaluate the various alternatives available to Brent Cartier
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DISCUSSION #1 What is supply chain? The exact definition can vary‚ but supply chain to me is the flow of raw materials to the delivery of the finished product. Depending on the department and company‚ supply chain should track material from the time an order is placed to the final destination of that product. Supply chain also involves the communication between suppliers‚ departments‚ and transportation. Why are companies finding the supply chain to be so valuable? Supply chain effects all departments
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What is your evaluation of the Total Supply Chain Cost (TSCC) program developed by Owens & Minor and Virginia Mason? * Virginia Mason Medical Center (VM) hired Owens & Minor (O&M) as its alpha vendor for medical/surgical supplies in 2004. At that time O&M was performing JIT and low unit measure services for VM. Together VM and O&M worked together to create a new supply chain process called the Total Supply Chain Cost (TSCC) pricing program. * TSCC was is an activity-based
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