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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Supply Chain Management 1.6 EXAMPLES OF SUPPLY CHAIN Oleh : Astrid Toleransia Helida G 1106153694 UNIVERSITAS INDONESIA DEPOK 2012 Gateway : A Direct Sales Manufacturer 1. Why did Gateway have multiple production facilities in the US ? Because Gateway has a strategy that avoid carrying any finished-good inventory at the retail stores and simply use the stores for customer to try the PCs and obtain help in deciding on the right configuration to purchase.
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SUPPLY CHAIN MANAGEMENT- ITS POLICY GUIDELINES IN ARNOLD PALMER HOSPITAL Arnold Palmer Hospital‚ one of the nation’s top hospitals dedicated to serving women and children‚ is a large business with over 2‚000 employees working in a 431-bed facility totaling 676‚000 square feet in Orlando‚ Florida. Like many other hospitals‚ and other companies‚ Arnold Palmer Hospital had been a long-time member of a large buying group‚ one servicing 900 members. But the group did have a few limitations. For example
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Marketing: Chapter 14 Objectives LQ1 Define the supply chain management. Supply chain management refers to a set of approaches and techniques firms employ to efficiently and effectively integrate their suppliers‚ manufacturers‚ warehouses‚ stores‚ and transportation intermediaries into a seamless operation in which merchandise is produced and distributed in the right quantities‚ to the right locations‚ and at the right time‚ as well as to minimize system wide costs while satisfying the service
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questions as facility location and sizing | | | a. They support tactical planning efforts by allocating "fixed" logistics capacity | | | d. They store goods and move them | | | c. They initiate and control the movement of materials between supply chain partners | 1.5 points Question 2 1. ------------------------------------------------- In the San Diego distribution center (DC) information flow example‚ dealers not being notified automatically of order status would be classified as
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failure: strategic or tactical Nike the world leader in sports apparel manufacturer with a market share of 32 percent and market cap at $20billion decided to implement i2 demand planning engine to manage its supply chain at a cost of $400million. It was supposed to help Nike with its supply chain and to reduce the lead time for the manufacturing of sneakers from nine months down to six. The i2 system worked on the principle of using the data from the previous sales figures and predicting the productions
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should be judged according to five criteria: relevance‚ accuracy‚ timeliness‚ clarity‚ and visibility. Deficiencies in any of these areas will weaken the decisionmaking process. Ensuring the quality of information is critical for effective supply chain management. Unfortunately‚ the complexity of the task intimidates many companies into settling for inefficiencies and inaccuracies. As a result‚ decisions are based on Key Performance Indicators (KPIs) that can be ambiguous‚ imprecise or even incorrect
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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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Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope True/False 1. A company’s competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: Difficulty: Easy 2. The value chain emphasizes the close relationship between all the functional strategies within a company. Answer: Difficulty: Moderate 3. A company’s product development strategy defines the set of customer needs that it seeks to satisfy through its
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questions for examination 1. Which of the following statements is correct? A. Recent trends such as lean manufacturing and offshoring decrease the level of risk in the supply chain. B. Accurate forecasting techniques solve most supply chain problems. C. Many retailers observe that inventory levels fluctuate considerably across a supply chain. D. In general‚ the total inventory costs are higher than the total transportation costs in the overall logistics costs for a country. 2. There can be many
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