3.2 Supply chain industry A company’s supply chain is its central nervous system for how it creates and distributes a product. The industry is made up of the key players who participate in this process‚ including manufacturers‚ wholesalers or distributors‚ retailers and transportation companies. There are three main areas of a company’s supply chain. They include: (Refer to the Picture below) * Procurement or the “buying” process. This includes the purchasing of the raw materials needed to
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January 2006 The 11 Greatest Supply Chain Disasters Introduction Many of us rightly take pride in the growing recognition role of supply chain both within companies and in the public markets. An increasing number of companies cite supply chain initiatives and prowess in annual reports and meetings with financial analysts. But of course the opposite effect must then also occur – supply chain snafus are increasingly cited by CEOs and CFOs to explain poor financial performance. Which
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Orders “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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the relationship between Supply Chain Management and Logistics Management. What are the repercussions of these terms being used interchangeably? The relationship between logistics and supply chain management is the flow of products‚ services‚ information and funds between supply chain stages in which organizations plan‚ implement and control flows in order to effectively and efficiently fulfill customer requirements (Christopher 2011‚ p. 2). Although both management functions share a common
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As a small business owner and potential retail management executive‚ the availability of products and services are vital to business operations. The occurrence of major disasters have hindered and stopped business functions for many businesses. The information reported in this paper could be useful to small business owners or anyone interested in a career in retail or perhaps customers. Opening Statement: The Supply Chain in the Retail sector is as important as Customer
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committed staff applying best practices and innovations. Effective management of the supply chain requires a thorough assessment of all the constituents of the supply chain environment. The assessment will help reveal deficiencies in the overall system‚ comprising logistical support‚ inventory management‚ and control‚ supplier relationship management and warehousing activities. Failure to plan critically for the supply chain can lead to breakdown in the production schedule and service delivery
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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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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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net/himadrisingha/barilla-spa-a-case-on-supply-chain-integration http://www.scribd.com/doc/22320494/Barilla-SpA http://www2.newpaltz.edu/~liush/MOIT/Barilla%20Case%20Study.pdf http://www.scribd.com/doc/7325445/Barilla-SpA-Case-Solution http://www.youtube.com/watch?v=PQgBY5wn0aE The Barilla SpA (Harvard Case) Qian Wang Tsai-Lan Huang Xiaoqing Ge February 2‚ 2000 Summary The JITD initiative at Barrila drew a lot of internal and external objections which made it unsuccessful in terms of implementation
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globalization and localization of environmental problems. Multiple business operations are responsible for most of these problems. Hence‚ the need for green supply chain management arises. Basically‚ this type of supply chain management addresses the impact of the supply chain processes of a particular organization on the environment. Green supply chain management has been defined in a lot of ways but the simplest and most prominent one among all would be to define it as “the usage of environmentally inputs
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