short-range‚ medium-range‚ and long-range b. finance/accounting‚ marketing‚ and operations c. strategic‚ tactical‚ and operational d. exponential smoothing‚ regression‚ and time series e. departmental‚ organizational‚ and industrial A forecast with a time horizon of about 3 months to 3 years is typically called a a. long-range forecast b. medium-range forecast c. short-range forecast d. weather forecast e. strategic forecast Forecasts used for new product planning‚ capital expenditures‚ facility location
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1. The success of Galanz is mainly the result of adopting different competitive strategy and operations strategy under different internal and external situation. From the perspective of competitive strategy‚ first Mr. Liang took the overall cost leadership strategy. As he well understood the competitive edge of his company was offering cheap labor and cheap land‚ he offered a very low price to the customers. By doing that‚ Galanz beat the competitors away as they could not make big profit and
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Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of‚ work-in-process inventory‚ and finished goods from point of origin to point of consumption. Interconnected or interlinked networks‚ channels and node businesses are involved in the provision of products and services required by end customers in a supply chain.[2] Supply chain management has been defined as the "design‚ planning‚ execution‚ control‚ and monitoring of supply chain activities
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Green and lean supply chain 1. Introduction Firms in the twenty-first century are grappling with a constantly changing world. Three supply chain trends in particular are converging to create an increasingly complex business environment: a move towards green initiatives‚ the utilization of lean processes‚ and globalization. The globalization of supply chains involves dimensions such as offshoring of production‚ inventories‚ suppliers and customers‚ and differences in economies‚ infrastructures
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and reduce costs are common. Such efforts can dramatically improve both partners’ competitiveness. Consequently‚ a discipline known as supply-chain management has developed. My presentation in the form of a report will cover the following topics regarding the function of Supply Chain Management: The Strategic Role that can be associated with this function and an analysis of what is involved in the successful implementation of this role. An outline of how can SCM meet globalisation challenges. II The
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some serious changes. The main reason for this development is the increasing CO2 emissions all over the world. In this case organizations play an important role. And that’s where green supply chain management comes into play. My question is: What can companies do to reduce the carbon footprints of their supply chains? The first issue is the problem of less than truckload shipments. So consolidating it into full truckloads would be a cheaper and greener solution. To advance truckload delivery
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A supply chain strategy is a plan with goals and objectives. It is about using all of the elements involved in the sourcing and procurement of goods and services to produce better results for the company. Typically‚ strategy is aimed at achieving objectives such as pushing a new product development faster‚ improving the use of current technologies‚ bringing products and services to market faster‚ minimizing resource investment‚ and reducing specific costs and response/cycle times. Supply chain strategy
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[pic] Business Major-Minor Supply Chain Management Course Assignment Challenges in Managing Innovation across Supply Chains —Evaluation and Implementation Student: Ying Deng Student ID:1205690 Course Number: 07 14511 Teacher: Professor Dr Victoria Hanna Date: 10/01/2013 Acknowledgement This research paper is written for the subject: “Global Marketing” in the University of Birmingham. Firstly‚ we would like to thanks Almighty Lord to give us knowledge
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Sustainable supply chain management across the UK private sector Helen Walker Cardiff Business School‚ Cardiff University‚ Cardiff‚ UK‚ and Neil Jones Alliance Boots‚ Nottingham‚ UK Abstract Purpose – Increasingly‚ private sector companies are aiming to buy and supply products and services in a sustainable way‚ termed “sustainable supply chain management” (sustainable SCM)‚ using purchasing and supply to reduce negative impacts on the environment‚ economy and society. There is often a gap
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years‚ with net benefits over sales of close to 12% in the same period. In this paper we examine Zara’ production and distribution systems‚ looking for clues to its mass-customization capabilities. We argue that the key to Zara’ success is its Supply Chain (network and flows) approach. The production network is made of a tightly integrated net of product specialized factories‚ intensive in capital and run under Toyota’s principles‚ and a secondary network of over 400 micro enterprises‚ tightly controlled
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