to failure is as long as 1 year but they are very expensive. Each part can cost at least $100‚000. Hence the parts are very costly to hold as inventory. The firm is looking for a supply chain solution that can meet its needs. (a) What is the competitive strategy if you want to service this firm? (b) What supply chain infrastructure and flows do you think would be appropriate to service this customer? You will need to justify your recommendation. (You can surf the internet to get some ideas.
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acquisition process. (need to advertisement‚but competitive is very differcult) l. Ensure supply continuity. (if competitive bidding‚ price high‚ supplier will leave) 4. When compared with single sourcing‚ multiple sourcing -> (lower risk)has the advantage of: dual and cross also double supplier‚ -dual is 2 different supplier to support same product. Cross is the supplier supply A‚ also need to supply B at the same time. m. spreading risk. n. volume leveraging. o. lower
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GLOBAL SUPPLY CHAIN RISK MGT 628 OPERATIONS MGT & MGT SYSTEMS Tuan Zhang Content Overview 3 What is Global Supply Chain Risk? 3 Risk: A Daily Fact of Life in DHL 5 What is the DHL supply chain analysis ? 7 How can we reduce the supply chain risk? 8 DHL Managing Risks in Supply Chains. 10 DHL Resilience360 Risk Assessment 12 Supply Chain Visualization 12 Risk Exposure Mapping 13 Risk & Resiliency Assessment 13 Risk Mitigation Plans 14 DHL Resilience360 Incident Monitoring 15 Supply Chain
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Sony’s reduction in supply chain Recently a piece of news which has hit the business circles and is being discussed very much is that Sony is going to reduce 75% of supply chain. Sony will now be relying on 250 of its 1000 current suppliers as a part of short term temporary strategy. Sony is choosing these 250 partners for key products such as digital cameras‚ smart phones etc. (Bloomberg Business Week‚ 2014) The news is being discussed in the business circles heavily. Some are criticizing Sony
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flexibility and cost. Then following discussion of how Toyota uses techniques in operation management to achieve the five objectives. Based on analysis‚ some suggestions for this firm will shows in the conclusion. FIVE PERFORMANCE OBJECTIVES IN TOYOTA As most successful car manufacturer in the world‚ Toyota is a few automobile companies that able to be stockless production system by its unique operational management systems‚ the most famous Toyota Production System (TPS) and Just-In-Time (JIT). Further
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Supply Chain Management Supply Chain Management (SCM) is a systematic integration of suppliers‚ Original Equipment Manufacturer (OEM)‚ distributors and customers in order to produce and distribute the right quantities‚ to the right time‚ and at the cheaper cost‚ while satisfying the entire supply chain partners (Balsubramanium & Roosebelt). In simple words‚ it is a process of moving goods from manufacturers to a consumer. Today successful companies‚ uses softwares or web based application service
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Volkswagen. It also explains about their supply chain relationship of those manufacturers. It also gives the advantages and disadvantages of those companies. I have also compared the strategies of Toyota and Volkswagen. I have collected some details regarding the future scope and threats for both the manufacturers. I have given some general statistics of both the companies. Then I have given some future strategies of those concerns. Definitions: Supply chain: Supply chain encompasses all activities associated
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1. INTRODUCTION Supply management is a complex function that’s critical to business success‚ responsible for delivering efficient costs‚ high quality‚ fast delivery and continuous innovation throughout companies’ entire supply chains. The strategic contribution of supply management is measured not only in savings made‚ but also in increased shareholder value (Niezen‚ Weller & Deringer‚ 2007). Nike and Adidas are two global companies try to improve their competitive advantage through strategically
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Chapter 1: Supply Chain Management: An Overview I. Forces of Change-Multiple forces of change are requiring organizations to be (a) nimble‚ & (b) responsive to their customers’ needs. 5 major forces are 1) Globalization. (Major issues to deal with include) More competition‚ More volatility/unpredictability in demand & supply‚ Shorter life cycles‚ Systems approach to “sourcing-to-delivery”‚ Potential “terrorism”/security. 2) Technology (primarily computing/info technology‚ Internet). Helped-Organizations
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SUPPY CHAIN RISK MANAGEMENT In the globalizing world as for the changing demands of customers are flexible manufacturing and supply chain issues are increasingly important in recent times. Supply chain management‚ from the stage of procurement of goods and services‚ production and up to reach the final consumer‚ covering the whole process is a set of a ring. From the perspective of business processes‚ supply chain‚ includes many areas such as; sales process‚ production‚ inventory management‚ procurement
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