Supply Chain Management 1 What is supply chain management? A Supply Chain is a collection of organizations involved in the supply of products or services. Supply chain management is the management of the interconnection of organizations that relate to each other through upstream and downstream linkages between the processes that produce value to the ultimate consumer in the form of products and services. It is a holistic approach to managing across company boundaries. 2 Supply chain planning and
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2012PGP097 Vineet Jain 2012PGP061 IRCTC-CATERING SUPPLY CHAIN ANALYSIS AND SUGGESTIONS FINAL REPORT Table of Contents EXECUTIVE SUMMARY 3 The Mission of IRCTC 3 The Business activities of IRCTC includes 3 OBJECTIVES OF CATERING POLICY 4 DESIRED SERVICE OFFERING 4 SERVICE QUALITY DIMENSIONS 4 MAJOR QUALITY INITIATEVES BY IRCTC 5 IRCTC CATERING PROFILE 5 Food products catered by IRCTC: 6 THE SUPPLY CHAIN OF IRCTC CATERING SERVICE 7 CURRENT STATUS AND CAPACITY OF IRCTC 8 SWOT
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individual functions to integrating activities into key supply chain processes. An example scenario: the purchasing department places orders as requirements become known. The marketing department‚ responding to customer demand‚ communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand. Information shared between supply chain partners can only be fully leveraged through process integration. Supply chain business process integration involves collaborative
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Supply Chain Management Arun Biswal* Abstract: Supply Chain Management (SCM) is backbone of any organizations. It is the combination of art and science that goes into improving the way a company finds the raw components it needs to make a product or service and deliver it to customers. Supply chains are difficult to put together but once they are in place‚ it looks just right. The depth of supply chain increases as organizations explore various dimensions of business. There are many options
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organizations‚ it represent an important part in the company budget. It can be difficult to make judicious purchasing decisions because there are currently so many different products on the market. A buyer cannot make a purchasing decision based off of impulse or feelings. A careful purchasing decision requires a serious attention before‚ during and after the purchase process. To ensure a beneficial purchase process‚ companies can follow five purchase objectives: the ’five rights’. But do the ‘five
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movement in Singapore in 1973 Now: Singapore’s largest supermarket retailer with more than 240 sales outlets and a share of over 50% of the market Sale in 2010: Over SGD 2 billion‚ net profits: over SGD 120 mill. Over 7’000 employees Motto: «Service from the Heart» with a corporate vision: «To be Singapore’s Leading World-Class Retailer with a Heart» The Company – 2 Key business functions of NTUC FairPrice are: Procurement‚ Warehousing/Distribution‚ Retail. Other functions include Finance
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Supply Chain Management of McDonalds McDonald’s Corporation (NYSE: MCD) is the world’s largest chain of hamburger fast food restaurants‚ serving more than 58 million customers daily.[4] In addition to its signature restaurant chain‚ McDonald’s Corporation held a minority interest in Pret A Manger until 2008‚ was a major investor in the Chipotle Mexican Grill until 2006‚[5] and owned the restaurant chain Boston Market until 2007. A McDonald’s restaurant is operated by either a franchisee‚ an affiliate
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organization‚ and every company at least one supply chain relationship with another organization. Research has led to the conclusion that "the structure of activities within and between companies is a critical cornerstone of creating unique and superior supply chain performance" (Lambert‚ 2005). Successful supply chain management requires integrating business processes with key members of the supply chain‚ because valuable resources are wasted when supply chains are not effectively managed. Standard business
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How does a concentrated cluster enhance the supply chain management and therefore improve the firm performance? Any drawbacks? Supply chain management is improved through the use of concentrated clusters because of the relationships developed between the supplier and customer. Utilizing a concentrated cluster adds benefits to a company since the clusters are linked to several companies and other entities within the same industry. Being involved with clusters allows the company and customers
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Agri-Supply Chain Management To Stimulate Cross-Border Trade in Developing Countries and Emerging Economies Jan van Roekel‚ Director‚ Agri Chain Competence center Sabine Willems‚ Agri Chain Competence center Dave M. Boselie‚ Wageningen UR – Agricultural Economics Research Institute (LEI) ‘s-Hertogenbosch‚ 19 August 2002 World Bank PaperCross-Border Agri Supply Chain Management Table of Contents Summary .............................................................................
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