Supply Chain Management Chapter 15 Pricing and Revenue Management in the Supply Chain Lecturer: Wilmer Jorge © 2007 Pearson Education 15-1 Outline The Role of Revenue Management in the Supply Chain Revenue Management for Multiple Customer Segments Revenue Management for Perishable Assets Revenue Management for Seasonable Demand Revenue Management for Bulk and Spot Customers Using Revenue Management in Practice Summary of Learning Objectives © 2007 Pearson Education 15-2 The Role
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3.2 Supply chain industry A company’s supply chain is its central nervous system for how it creates and distributes a product. The industry is made up of the key players who participate in this process‚ including manufacturers‚ wholesalers or distributors‚ retailers and transportation companies. There are three main areas of a company’s supply chain. They include: (Refer to the Picture below) * Procurement or the “buying” process. This includes the purchasing of the raw materials needed to
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WIP inventories(No Answer) 1. Information Management 2. transportation rate 3. CORRECT: are associated with manufacturing 4. short run analysis. b. The logistics/supply chain network transformation team(No Answer) 1. CORRECT: must be aware of the firm’s overall business and corporate strategies and the supply chain in which it participates. 2. is one of the most commonly used techniques. 3. on the movement and storage of product. 4. assumes that the raw materials sources and finished goods
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Introduction: The effective management of supply chains is one of the significant strategic aspects of business organizations. The simplest definition of the SCM is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. Managing the production of the company’s good and services‚ monitoring‚ storage‚ inventories‚ coordinating with suppliers and ensuring timely distribution of goods
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FILATOI RIUNITI The Italian textile industry FILATOI RIUNITI The Italian textile industry PIEMONTE : Italy FILATOI RIUNITI The Italian textile industry Step of Cotton Yarn Production Preparation Opening / Loosening Carding Drawing Roving Spinning Winding Re-spooling Texturizing Spinning Finishing FILATOI RIUNITI The Italian textile industry Filatoi Riuniti Family-owned spinning mill in Italy. The company has limited machine capacity and have to outsource for spinning
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1. Introduction 1.1 Product to be delivered & General background It is reported that Michael Dell establishes the Dell Computer Corporation in 1984 which develop quickly expand market share of computer industry date back the early 1990’s‚ Michigan Technological University (2010). Dell website (2012) mentioned that the objective of Dell is to be global IT leader by building and inspiring IT solutions and services that give customers the power to do more. It also said that Dell offer laptops
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Assignment # 1 SCMT 200 NAME: DHALWANI1.DOC Q1-1. Explain the following terms and provide a “real world example” of each term. a). Second-tier supplier: The first tier’s supplier’s supplier is the focal firm’s second tier supplier. Second tier suppliers are companies that sell and deliver goods and services to a first tier supplier. An automobile company could have a second tier supplier that would supply materials or parts to another company which would then supply materials or parts
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A – Supply Chain Strategy The supply chain strategy chosen for the power tool company is a long term partnering relationship with few suppliers. The long term vision of the company is to make quality products and constantly stay ahead of the competition with innovation. The best way to accomplish this strategic long term goal is to partner with key suppliers that operate using a strategy of long term thinking based on trust and transparency. Ray Kroc was one of the pioneers on forming partnerships
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Note: Solve ANY THREE case studies. CASE I A CASE OF ALPHA TELENET LIMITED Alpha Telecom Ltd.‚ a part of Alpha Group was established in 1976 by its visionary Chairman and Managing Director‚ A. S. Verma. The company started with manufacturing of Electronic Push Button Telephones (EPBT) and Cordless phones in 1985 in Allahabad. On July 7‚ 1995 Alpha Tele-Ventures Limited was incorporated. A mobile service called ’Web-Tel’
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time on recruiting and selecting appropriate staff not only with years of experience among applicants‚ graduates with no‚ or limited experience‚ are also targeted for entry level positions. As one of the core segments of the service industry‚ the hospitality industry has experienced the same challenges as others in maintaining skilled and qualified workforce to cope with the current challenges and to cater to the changing needs of today’s customers. Graduates apply for positions with the expectation
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