BCP1 – Question 1 Business Dilemma Define a way that you can revamp or reinvent your cafe using supply chain technologies. The leading companies in their respective fields all have one thing in common‚ they deliver their product to the consumer as fast as possible using innovative supply chain management techniques and technologies. Take for example Toyota who revolutionized the Just In Time manufacturing system. Most companies have a similar philosophy even outside of manufacturing‚ understanding
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Course Instructor: Arijit Mitra Email: fb10001@astra.xlri.ac.in Mobile: (0)8594823288 Session 12: Information Asymmetry in a Supply Chain: Bullwhip Effect Pre-Reading for the class: "Information distortion in a supply chain: the bullwhip effect." By Lee‚ Hau L.‚ Venkata Padmanabhan‚ and Seungjin Whang. Management science 50.12_supplement (2004): 1875-1886 (Can be downloaded from scholar.google.com). "Bullwhip effect in supply chains." By Scukanec‚ Andelko‚ Kristijan Rogic‚ and Darko Babic. Promet
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Global Sourcing Importance of global sourcing: Study by Aberdeen research showed that 37% of companies surveyed found global sourcing as very important for company success. Overall‚ statistics show we import source more than we export source. Canada is #1 trading partner‚ Venezuela has oil. Levels in the evolution towards global sourcing: Asked purchasing agents where they are now with global sourcing and then where they see themselves in the future. Level 1: Only domestic purchasing {Current
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SCM Classification: ABC/XYZ Analysis – DEMYSTIFIED Table of Contents 2 Introduction 3 3 Why ABC and XYZ only? 4 4 The ABC Analysis 5 4.1 The Details 5 4.2 The Steps 5 4.3 Limitations of ABC 6 5 REFERENCES 6 6 ABOUT AUTHOR 6 1 Introduction This is the sequel of my quest to relate management with life. The theories of Evolution of human may be “Survival of the Fittest” or “Selective Elimination of non-adaptors” applies in our day today lives too. As much as the industry focuses on revenue‚ profits
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Question 1 4 / 4 points The overall upward or downward pattern of the data in an annual time series will be contained in the ____________ component. trend cyclical irregular seasonal Question 2 4 / 4 points When using the exponentially weighted moving average for purposes of forecasting rather than smoothing‚ the previous smoothed value becomes the forecast. the current smoothed value becomes the forecast. the next smoothed value becomes the forecast. None of the above.
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CHAPTER 11 TEST QUESTIONS True-False 1. Efficiency of distribution facilities and networks is not nearly as critical as their speed. True/False 2. Inventory handling‚ storage‚ and processing facilities help supply chains create time and place utility. True/False 3. Sortation refers a type of conveyer equipment. True/False 4. Organizations may benefit substantially from the establishment of one or several warehouses to reduce transportation costs. True/False 5. A common fulfillment
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CHAPTER TWO QUESTIONS – LOGISTICS 2-1 A unique feature of integrated logistics is: A – The newness of the concept B – It is fundamental similar to military operations C – Complexity and scope of operations** D – The fact that it employees many people. 2-2 Basic logistics service is a concept that: A – Describes the level of service provided all established customers** B – Is involved in designing a network C – Only involves availability D – None of the above 2-3 A logistics
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Supply Chain Management (SCM) and Customer Relationship Management (CRM) vs. Enterprise Resource System (ERP) a Comparative Paper. Enterprise Resource Planning System (ERP)‚ also referred to as the traditional management system‚ was generated from the MRP or the Material Requirement Systems. Companies have utilized this system for well over 25 years. In its primary set up‚ the MRP stores data related to inventory control and production planning. The system is widespread with the use of one its
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AsiAn PAints GaininG a 360-DeGree View of the CuStomer “we don’t paint walls‚ we style them.” that catchy slogan describes a key business initiative launched several years ago by asian Paints Limited‚ india’s largest paint company. instead of simply manufacturing decorative coatings‚ the company is increasing customer satisfaction and boosting sales by engaging with customers‚ dealers‚ and other partners to provide complete home painting solutions. to achieve the necessary 360-degree view of
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