designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010‚ the chain has 313 stores in 38 countries‚ most of them in Europe‚ North America‚ Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and Elmtaryd‚ Agunnaryd--the name of his farm and the name of the village it was located
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cost of goods sold (company info) average finished goods inventory (15) 5. Percentage of safety stock Average safety stock (16) total inventory (12) 6. Purchase operating expense dollars as a percent of supply chain purchase dollars Purch operating expense dollars (21) supply chain purchase dollars (2) 7. Purchase order cycle time (in days for purchasing department and excludes supplier lead time) Average amount of time (in days) elapsed from point of intention to place order to receipt
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FINAL Assignment Supply Chain Management of NIKE Inc. Table of Contents 1- Company Overview 2- Raw Material (i) Amazon BIOME Leather Sourcing Policy (ii) NIKE Animal Skin Policy (iii) NIKE MSI (Materials Sustainability Index) (iv) How Scores are calculated in NIKE MSI 3- Competitive Advantage with respect to raw material Sustainability 4- Waste 5- Suppliers 6- Supplier Practices with respect to sustainability (i) RSL Program (ii) NIKE Water Program (iii) NIKE Energy
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Supply Chain Management Network Design and Facility Location Classical Theories von Thunen Agricultural activity occurs in a “limitless plain of equal fertility” with a city in the middle Theorized that: City price = origin price + transport costs Transport costs = f {weight & distance} As a result Products having high weight/value ratio should be produced near the city (see next slide) Other Contributions Land values decrease as move from city More intense land utilization near
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Three Book Case Studies (Individual Basis) 15% “Take Home Test” (Individual Basis) 5% EOQ Mathematical Question (Individual Basis) 50% Final Exam (Individual Basis) Method On-line Course Week 1 (Chapter 1) Logistics and the Supply Chain Course Outline Economic Impacts of Logistics Logistics: What is it The Increased Importance of Logistics Activities in the Logistics Channel As your first step in getting started with this course‚ please
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standards for the entire McDonald’s supply chain. Consistency of product quality is one of the top priorities for McDonald’s and they are on the leading edge of research and development in order to set new standards in quality. In addition because the McDonalds delivery program is so highly developed‚ they can trace any individual meat patties back to the supplier’s specific batch. To become one of the suppliers to McDonald’s restaurants‚ a company has to supply proof of its high operation standards
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are aware of the pending new technology and as a result‚ demand will decrease to zero on day 1460. Operations and Finance Jacobs’ distribution network consists of a single factory and a single warehouse‚ both in Calopeia. The warehouse only supplies air conditioner retrofit kit manufacturers‚ who are all in Calopeia. Jacobs produces its chemical in batches‚ loads the chemical into small plastic drums‚ and then transports the drums from the factory to the warehouse by truck. The warehouse sends
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information should be judged according to five criteria: relevance‚ accuracy‚ timeliness‚ clarity‚ and visibility. Deficiencies in any of these areas will weaken the decisionmaking process. Ensuring the quality of information is critical for effective supply chain management. Unfortunately‚ the complexity of the task intimidates many companies into settling for inefficiencies and inaccuracies. As a result‚ decisions are based on Key Performance Indicators (KPIs) that can be ambiguous‚ imprecise or even incorrect
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written by the authors of your textbook‚ Purchasing and Supply Chain Management‚ but may have been edited for our use in this course. This is a TEAM assignment. Read and discuss this mini-case and answer the 5 questions at the end of the case. In this manner‚ you will develop a negotiation plan for the buyer. The very best way to approach this team case is to work on all aspects (each question) of this case together. If you simply divide up the questions and assemble individual answers‚ you will
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Diploma in Supply Chain Management Warehouse Management Table of Contents Introduction……………………………………………………………………………………………………………….3 2) Type of WMS Software…….…………………………………………………………………………………………4 3) Advantage of Warehouse Management System .……………………………………………………..6 4) Disadvantage of Warehouse Management System ………………….………………………………….8 5) Conclusion …………………………………………………………..………………………………………………....11 6) References ……………………………………………………….…………………………………………………..12
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