Microeconomics Introduction : What microeconomics is all about ? Macroeconomics focus on the economy as a whole. In macro‚ you outline relationships between variables ( growth‚ employment rate‚ investment…). Micro : focus on economic agents‚ players‚ and companies. Focus on how consumers and companies are behaving. In micro you look at the economy as being structured‚ divided in several individual markets. It is an important difference in focus : from the overall standpoint to the
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I. Supply Chain Supply chain is the efficient movement of materials and products from the point of material sourcing to the delivery of goods to the ultimate user or consumer. A supply chain consists of all parties involved‚ directly or indirectly‚ in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers‚ but also transporters‚ warehouses‚ retailers‚ and customers themselves. Within each organization‚ such as manufacturer‚ the supply chain includes
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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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designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010‚ the chain has 313 stores in 38 countries‚ most of them in Europe‚ North America‚ Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and Elmtaryd‚ Agunnaryd--the name of his farm and the name of the village it was located
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The Coffee Supply Chain In the past 60 years the export of coffee has changed dramatically. In postwar Brazil coffee was about 90% of all exports‚ today coffee only makes up 10% of all exports. (Reference 1) Yet‚ coffee will always be a very important and influential export for Brazil and many of the neighboring countries. Brazil and neighboring countries make up part of what is known as the coffee belt. (Image Link) (Image Link) In the past 60 years the percentage of coffee as an export for
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Q1. What is the virtual supply chain? Virtual supply chain (VSC)‚ which has been actively implemented by Amazon.com‚ is a supply chain integrating several different businesses in the sequence of delivering a product or service to the final customer. Since online retailers themselves do not manufacture any product‚ the cooperation with actual manufacturers is very important for customer service. It makes suppliers‚ manufacturers‚ distributors and warehousing agents of different tiers work as one
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The purpose of this paper is to analyze how supply chain management software‚ buffering and pull systemscan be utilized to reduce cost‚ speed delivery and increase productivity‚ using Wendy’s as an example.Since Wendy’s is a fast food restaurant chain‚ it is extra vulnerable to delays in the supply chain‚ which could lead to the cold chain being broken. Efficient supply chain management can utilize systems to prevent costly losses from spoiled food‚ delivery delays and enable employees to be more
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Table of Content 1.0 INTRODUCTION 3 2.0 SAINSBURY SUPERMARKET AN OVERVIEW 3 3.0 OPERATIONS OF SAINSBURY 3 3.1 FACILITIES 3 3.2 PROCESS 4 3.3 LAYOUT AND FLOW 4 3.4 INPUT 5 3.5 TRANSFORMATION PROCESS 5 3.6 OUTPUT 5 4.0 SAINSBURY’S VARIETY‚ VARIATION‚ VISIBILITY‚ AND VOLUME CHARACTERISTICS 5 5.0 BENEFIT OF PERFORMANCE OBJECTIVE TO THE OPERATION 6 5.1 COST 6 5.2 DEPENDABILITY 6 5.3 FLEXIBILITY 6 5.4 QUALITY 6 5.5 SPEED 7 6.0 WHAT QUALITY MEANS TO SAINSBURY 7 7.0 THE EFFECT OF OPERATIONS CHARACTERISTICS
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........................................... 2 2 Background ........................................................................................ 5 3 Data analysis Hamburg – BSR ................................................................... 7 4 Stakeholders in the (empty) container maritime transport chain .................... 16 5 Processes in empty container logistics ..................................................... 21 6 Perspectives of different
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Supply chain improvement Increasingly important in supply chain practice are attempts to improve supply chain performance. These are usually attempts to understand the complexity of supply chain processes; others focus on coordinating activities throughout the chain. • The SCOR model The Supply Chain Operations Reference model (SCOR) is a broad‚ but highly structured and systematic‚ framework to supply chain improvement that has been developed by the Supply Chain Council (SCC)‚ a global non-profit
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