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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Supply Chain Management (SCM The average company spends nearly half of every dollar it earns on production needs—goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved‚ directly or indirectly‚ in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. In the past
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clothing considered as ‘unique’ -that won’t be in the shop for more than 2 or 3 weeks. On short‚ as well the title of this paper states: ‘Responsive‚ High speed‚ Affordable fashion’. Stores are managed as small business‚ vertical communication and supply chain‚ so each manager knows exactly the demand and specific request‚ model and colour. This is a way of increasing efficiency‚ loyalty and customers satisfaction. Unlike the competitors‚ Zara spends a low percent of its sales on advertising‚ but
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Case Study #3: A Pain in the (Supply) Chain Highlights This case is about the bullwhip effect and supply chain coordination Read “A pain in the (supply) chain” in the course pack and the supply chain integration (bullwhip effect) chapter in the textbook. To meet the target of 9% sales growth‚ Exceso Corporation (the manufacturer) starts an aggressive promotion (sharp discount in the price) to its retailers‚ despite the obvious downside of doing so. Please read the case carefully and
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Chapter 2 Supply Chain Performance: Achieving Strategic Fit and Scope True/False 1. A company’s competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services. Answer: Difficulty: Easy 2. The value chain emphasizes the close relationship between all the functional strategies within a company. Answer: Difficulty: Moderate 3. A company’s product development strategy defines the set of customer needs that it seeks to satisfy through its
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process‚ companies can follow five purchase objectives: the ’five rights’. But do the ‘five rights’ answer to real needs of the modern businesses? This essay explains in a first part what purchasing is and how performance measurement contributes to management. Then in a second part‚ it defines the ’five rights’ framework. Finally the last part considers the relevance and suitability of this framework when planning industrial purchasing activities. What is purchasing? In order to evaluating the
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Q1. Consider the supply chain involved when a customer purchases a book at a bookstore. Identify the cycles in this supply chain and the location of the push/pull boundary. When a customer purchases a book from the book store‚ a complete supply chain cycle which involves procurement‚ manufacturing‚ distribution‚ replenishment and customer delivery takes place. The different supply chain cycles are quite separated in this case because each cycle occurs at the interface between two successive stages
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Kapur 2012PGP097 Vineet Jain 2012PGP061 IRCTC-CATERING SUPPLY CHAIN ANALYSIS AND SUGGESTIONS FINAL REPORT Table of Contents EXECUTIVE SUMMARY 3 The Mission of IRCTC 3 The Business activities of IRCTC includes 3 OBJECTIVES OF CATERING POLICY 4 DESIRED SERVICE OFFERING 4 SERVICE QUALITY DIMENSIONS 4 MAJOR QUALITY INITIATEVES BY IRCTC 5 IRCTC CATERING PROFILE 5 Food products catered by IRCTC: 6 THE SUPPLY CHAIN OF IRCTC CATERING SERVICE 7 CURRENT STATUS AND CAPACITY OF
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Provide a summary of the case; Then draw a map of all the supply chain components from beginning to end... like my diagrams in lecture 0 & 1 2. Do a SWOT analysis on what you’ve 3. What would you change? 4. Why? Then present all this in a class discussion. Ultimately I want you to incorporate this into David Taylor’s Case Analysis Structure (see Moodle Doc). Why was the QR approach significant in improving the company supply chain performance? Implementation of a Quick Response (QR) system
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Each DC have a make-to-stock system to guarantee product availability and deal different with the problem resulting in problems to Vancouver Division that couldn’t build the right products in the right quantities. HP need to reach an optimal solution that balance the customers’ needs and keep a low inventory level‚ getting an agreement among the DC’s. Through this situation‚ HP faced an Inventory/Service “Crisis”. One of the main causes‚ mentioned as the “root of the problem” by a summer
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