DISCUSSION #1 What is supply chain? The exact definition can vary‚ but supply chain to me is the flow of raw materials to the delivery of the finished product. Depending on the department and company‚ supply chain should track material from the time an order is placed to the final destination of that product. Supply chain also involves the communication between suppliers‚ departments‚ and transportation. Why are companies finding the supply chain to be so valuable? Supply chain effects all departments
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How green supply chains will affect and drive the design of next generation logistics and supply chains? Due to the deterioration of global environment‚ increasing concerns of the overall condition of the natural environment have brought the attention on environmental conservation. As Purchasing Magazine (Atkinson‚ 2002) reported that “the most significant factor affecting supply‚ demand‚ pricing‚ and availability of solvents is the environmental issue”. As a result‚ for manufacturers‚ there is
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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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Environment Bus. Strat. Env. 17‚ 260–271 (2008) Published online 20 July 2006 in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/bse.527 Sustainable Supply Chain Management in Tourism Xavier Font‚* Richard Tapper‚ Karen Schwartz and Marianna Kornilaki Leeds Metropolitan University‚ UK ABSTRACT Sustainable supply chain management (SSCM) encapsulates the trend to use purchasing policies and practices to facilitate sustainable development at the tourist destination. Most research has
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Intelligent Manufacturing and Automation‚ 2013 Bullwhip Effect Study in a Constrained Supply Chain Borut Buchmeistera‚*‚ Darko Friscicb‚ Iztok Palcica a University of Maribor‚ Faculty of Mechanical Engineering‚ Lab. for Production Management‚ Smetanova 17‚ SI – 2000‚ Maribor‚ Slovenia‚ EU b CIMOS TAM Ai‚ d.o.o.‚ Perhavceva 21‚ SI – 2000 Maribor‚ Slovenia‚ EU Abstract Well organized supply chains are one of the best ways to compete in today ’s marketplaces. For make-to-stock production
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effective? 1. (40%) Bullwhip a) (10%) Why bullwhip occurs in a supply chain? b) (15%) Does that contradict with the risk pooling in terms of variability? Explain. c) (15%) Can the bullwhip be alleviated if the number of levels for the supply chain is reduced (e.g. eliminate the distributors)? If so‚ why don’t we just keep the supply chain as flat as possible (i.e. reduce the number of the levels required in the supply chain as much as possible)? 2. (60%) Case: “The Great Inventory Correction”
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Apple Inc’s supply chain Apple Inc is the company that create a great innovation product development such as ipod ‚ iphone ‚ ipad ‚ Macbook . Apple’s products have been accepted about modern design‚ high quality and technology. Behind the success‚ Apple has a best supply chain management. The beginning of their supply chain start with the research and development product to make sure that can be making and have special things to surprise their customer. The products produce from a various sources
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“SUPPLY-CHAIN MANAGEMENT” 1. GLOBAL COMPANY PROFILE: VOLKSWAGEN ’S RADICAL EXPERIMENT IN SUPPLY-CHAIN MANAGEMENT Volkswagen ’s major suppliers are assigned space in the VW plant‚ but supply their own components‚ supplies‚ and workers. Workers from various suppliers build the truck as it moves down the assembly line. Volkswagen personnel inspect. Volkswagen plant‚ however‚ VW is buying not only the materials but also labor and the related services. Suppliers are integrated tightly into
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Supply Chain relationships and Supply Chain dynamics are topics that are closely related to each other. A discussed in Russell and Taylor (pgs. 426-427)‚ the bullwhip effect is a prevalent dynamic in supply chain management. Methods to decrease the bullwhip effect include: increased information sharing and coordinated forecasting. As has been noted before‚ the clothing company Zara is a good example of a well-designed supply chain system. Zara has been able to successfully keep information flow
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AN ANALYSIS OF THE EDUCATION SUPPLY CHAIN AND SCM CHALLENGES IN K12 SCHOOLS The goal of supply chain management (SCM) is to integrate and optimize activities within and across organizations for all stakeholders’ satisfaction. SCM in academia‚ which is called Educational SCM‚ aims at giving the best education possible for the students making effective use of the available resources. In the academia‚ the customers themselves provide their bodies and souls‚ minds‚ belongings‚ or information as inputs
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