IMPLEMENTING SUCCESSFUL SUPPLY CHAIN PRATICES IN ORGANIZATIONS (Individual Assignment) – Wal-Mart Founded by Sam Walton in 1962‚ Wal-Mart was ranked second in the global Fortune 500 list in 2009 (Refer Table 1). It was the largest retailing company in the world‚ which specializes in satisfying consumers’ durable goods product needs and offering consumers a choice multiple merchandise lines‚ at variable price points‚ in all product categories. TABLE 1 GLOBAL FORTUNE 500 LISTS (2009)
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ECCO A/S – Global Value Chain Management Issues: * ECCO’s supply chain with production and assembly across the world driving long lead times. * Raw material residing in Europe yet tanneries located in the Netherlands‚ Thailand‚ & Indonesia. * Production and market expansion in China. Impacts: * ECCO’s supply chain has a supply chain that has their production & assembly sites established in countries far away from their distribution/retailer divisions. This could cause Inventory
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References: Ê Ahlstrom‚ P.A. Blackmon‚ K. and Voss‚ C.A. (1998)‚ ``Diagnostic benchmarking and manufacturing È improvement’’‚ in Coughlan‚ P.‚ Dromgoole‚ T. and Peppard‚ J. (Eds)‚ Operations Management ± Future Issues and Competitive Responses‚ University of Dublin‚ Dublin‚ pp. 7-12. Baccarach‚ S.B. (1989)‚ ``Organisational theories: some criteria for evaluation’’‚ Academy of Management Review‚ Vol. 14 No. 4‚ pp. 496-515. Boyer‚ K.K. and McDermott‚ C. (1999)‚ ``Strategic
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Designing and Managing the Supply Chain David Simchi-Levi Philip Kaminsky Edith Simchi-Levi Solutions for Discussion Questions1 Kerem B¨ulb¨ul 1We would like to thank Shiming Deng for his valuable contributions to the preparation of this manual. Chapter 1 Introduction to Supply Chain Management Discussion Questions Question 1 Pick any car model manufactured by a domestic auto maker. For example‚ consider the 2002 Ford Thunderbird. a. The supply chain for a car typically includes the following
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Supply Chain Restructuring: Analysis of Avon’s success story Presented by Ajay P Appukuttan (3966744) Musaffar Ali Hajour Table of Contents Introduction3 Summary of Findings4 Background Information7 Critical Issues8 Detailed Recommendations9 Implementation & Evaluation10 Conclusion11 References12 INTRODUCTION The success story of Avon‚ the company for women and world’s leading direct seller for beauty products starts with a decentralized operation in 6 countries in 1980s
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max 5x1 + x2 + 3x3 + 4x4 s.t. x1 – 2x2 + 4x3 + 3x4 ≤ 20 –4x1 + 6x2 + 5x3 – 4x4 ≤ 40 2x1 – 3x2 + 3x3 + 8x4 ≤ 50 x1 ≥ 0‚ x2 ≥ 0‚ x3 ≥ 0‚ x4 ≥ 0 Problem 2. Work through the simplex method step by step to find all optimal basic feasible solutions for the following problem. (5 marks) max x1 + x2 + x3 + x4 s.t. x1 + x2 ≤ 3 x3 + x4 ≤ 2 x1 ≥ 0‚ x2 ≥ 0‚ x3 ≥ 0‚ x4 ≥ 0 Problem 3. Use the Big M method to solve the following problem. (5 marks) min 3x1 + 8x2 + 5x3 s.t. 3x2 +
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Chapter 4 Supply Chain Study Guide Sustainable Sourcing Green Purchasing Practice aimed at ensuring that purchased products or materials meet environmental objectives of the organization Waste reduction‚ hazardous material elimination‚ recycling‚ manufacturing and material reuse Globally recognized Institute for Supply management- “making environmentally conscious decisions throughout the purchasing process‚ beginning with product and process design‚ and throughout product disposal” Sustainability
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Definitions • Operations and supply chain management (OSCM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm’s primary products and services • Concerned with the management of the entire system that produces a product or delivers a service • Operations refers to manufacturing and service processes that are used to transform the resources employed by a firm into products desired by customers • Supply chain refers to processes that move information
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Bentley University Value Creation Team Project Operations Analysis GB 214 Marketing and Operations Fundamentals Team 5 Anh Nguyen‚ Josh McDonough‚ Sam McDonald‚ John McPadden‚ Suzette Schand‚ Darnel Pittman Bravo February 10‚ 2015 Company Overview “Neutrogena is a $1.6B franchise and a Top 3 consumer brand for Johnson & Johnson (J&J) globally.” Neutrogena was founded by Emanuel Stolaroff in 1930 as Natone. Natone 1 began as a small suppli
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Running head: Supply Chain Profitability The Challenges of Supply Chain Profitability Graduate School of Management Procurement and Contract Management Outline I. Introduction II. Value Chain Analysis A. Definition B. Importance C. Redesign III. Value Chain Reference Model A. Purpose B. Use C. Impact IV. Conclusion A. Effects upon organization B. Impact upon management Abstract This paper describes the challenges of supply chains management. It examines the various
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