STRATHMORE UNIVERSITY SCHOOL OF FINANCE AND APPLIED ECONOMICS BSF 1101 ACCOUNTING AND REPORTING 1/INTRODUCTION TO ACCOUNTING 9. NOT FOR PROFIT MAKING ORGANIZATIONS 9.1 Introduction These are organizations that are set up to promote or to cater for the welfare of the members involved and not to make a profit. These include clubs‚ (e.g. professional clubs‚ academic clubs‚ sports clubs)‚ welfare associations and any other societies (charitable institutions). Because these organizations are
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* THE IMPACT OF SUPPLY CHAIN MANAGEMENT BUSINESS PROCESSES ON COMPETITIVE ADVANTAGE AND ORGANIZATIONAL PERFORMANCE THESIS John F. Perry II‚ Capt‚ USAF AFIT/LSCM/ENS/12-14 DEPARTMENT OF THE AIR FORCE AIR UNIVERSITY AIR FORCE INSTITUTE OF TECHNOLOGY Abstract Organizational performance has routinely been viewed through a limited scope primarily focused on functions‚ practices‚ and resources directly controlled by the focal organization‚ but supply chain management (SCM) has broadened
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The purpose of the Chain of Command is to install structure‚ discipline and respect into newer enlisted soldiers. Each branch has its own secretary that assigns forces under their jurisdictions to unify and specific combatant commanders they perform missions and report back to their chain of command. The chain of command starts with the Commander-in-Chief and works its way down to the lowest ranking private in the Army. Within the military‚ the chain of command is a method for leading and communicating
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profitability begins to decline. The company is still considered profitable at this point‚ but losing ground. The second period is known as the period of crisis. At this point the company needs to turnaround. This stage is marked by a decline in profits (even negatives)‚ a fall in market share and the company’s poor cash situation. The third stage is the period of recovery or the turning point. This is the stage where serious action is taken to turnaround the company. Important decisions like scaling
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INTEGRATING THE SUPPLY CHAIN Case Study - Friedland Timbers co. Johann Klassen is the Managing Director of Friedland Timbers co. which makes specialised wood products for the construction industry. He has recently been worried by late deliveries to some important customers. The industry is very competitive‚ and Johann knows that customers will go to other suppliers if he cannot guarantee deliveries. The marketing manager is particularly upset because he has worked with these customers for a
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“Optimization Supreme” With Manhattan’s Supply Chain Process Platform Headquarters: Louisville‚ KY Warehouses: 10 Manhattan solutions: Replenishment‚ Transportation Procurement‚ Transportation Planning & Execution‚ Warehouse Management‚ Supply Chain Intelligence Challenge: Company growth out-paced supply chain’s ability to maintain inventory and supply restaurants efficiently and cost-effectively. Solution: Manhattan Supply Chain Process Platform provided the perfect solution
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Executive Summary Value chain management has become more and more important in industry in past decades. This report provides an insight view of value chain in automotive industry and then examine leadership role of engineer in value chain management. Furthermore‚ the report will analyse why engineer is so important in management of value chain. Analysis of value chain Automotive industry plays an important pillar role in the economic development of all countries. This is because the development
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Interrelationships The chain of distribution – also known as the channel of distribution‚ is the way in which the product is delivered to the consumer‚ it is used in any industry. An example of this would be; Vertical distribution Many companies do not go by the simple chain of distribution as theirs is more complex. Many business tend to merge with other businesses for commercial success. When this takes place it’s known as vertical distribution. This is when a two companies from different levels
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Map the Supply Chain MKT 421 `May 6‚ 2015 Mr. Ahmer Allauddin Map the Supply Chain The supply chain coordination is a very important process in the “A supply chain is the network of all the individuals‚ organizations‚ resources‚ activities and technology involved in the creation and sale of a product‚ from the delivery of source materials from the supplier to the manufacturer‚ through to its eventual delivery to the end user” (Whatis.com‚ 2015). The supply chain coordination is a very important
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chart of the flows of product‚ information‚ and financial settlements between Miliken‚ apparel shops design & manufacture apparel‚ department store chain headquarters & distribution centers‚ and the retail stores. As you can see‚ there is two way communication between each part of the supply chain that is next to one another but not up or down the chain‚ for example; the retails stores and the department headquarters communicate but the retail stores do not communicate with Miliken or the apparel
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