many different products on the market. A buyer cannot make a purchasing decision based off of impulse or feelings. A careful purchasing decision requires a serious attention before‚ during and after the purchase process. To ensure a beneficial purchase 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
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Summary: The case discusses about the operation of the world’s largest convenience store chain Seven-Eleven in Japan‚ and the way it became Japan’s top leading super market chain. Seven–Eleven started its operation in Japan in November 1973 under an area licensing agreement between Ito-Yokado Co.‚ Ltd.‚ and The Southland Corporation. With more than 15‚500 stores worldwide‚ Seven-Eleven Japan Co.‚ Ltd (SEJ) franchises 6‚900 stores in Japan and most of the remaining stores located in North America
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Supply Chain 2025- Trends and implications for India India as an economy will differ from its contemporary phase. It will experience growth in terms of its nominal GDP; capturing third place in the world’s economies. Growth will be held by middle income households and working population and rising manufacturing sector. As more citizens will move towards urbanization‚ consumerism will increase giving rise to demand for products and services. With the shift in the demographics‚ more of supply chain
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CASE: GS-49 DATE 04/14/06 EVOLUTION OF THE XBOX SUPPLY CHAIN With the first generation of Xbox‚ our ambition was to change the way people think about video games. Starting today with Xbox 360‚ our ambition is to transform the way people play games and have fun. 1 —Robbie Bach‚ President of the Microsoft Entertainment and Devices Division In November 2005‚ Microsoft prepared to launch its next-generation video game console‚ the Xbox 360. A global release was scheduled‚ beginning on November
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Introduction Supply chain management‚ which involves inventory management‚ cost reduction‚ transportation‚ configure the distribution network‚ strategies development for product distribution‚ aims to improve the efficient and effective in the production activities. With better improvement in managing the current resources to operate profitability‚ and to minimize the inventory costs and reach the demands from market. Through the upstream and downstream linkages‚ different products and service which
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Supply Chain Management Arun Biswal* Abstract: Supply Chain Management (SCM) is backbone of any organizations. It is the combination of art and science that goes into improving the way a company finds the raw components it needs to make a product or service and deliver it to customers. Supply chains are difficult to put together but once they are in place‚ it looks just right. The depth of supply chain increases as organizations explore various dimensions of business. There are many options
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Res.J.Recent Sci. Review Paper An Overview of Green Supply Chain Management in India Nimawat Dheeraj1 and Namdev Vishal2‚ Department of Mechanical Engineering‚ Singhania University‚ Pacheri Bari‚ Jhunjhunu‚ Rajasthan‚ INDIA Government Engineering College Jhalawar‚ Rajasthan‚ INDIA Available online at: www.isca.in (Received 19th March 2012‚ revised 27th March 2012‚ accepted 30th March 2012) Abstract The green supply chain management (GSCM) is a powerful way to differentiate a company
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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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Control of sourcing Strategy Action Result Strategy Streamline the Front End of Supply Chain Streamlining is the removal of intermediaries in a supply chain—cutting out the middleman. Instead of going through traditional distribution models‚ which have various intermediate (such as a distributor‚ wholesaler‚ broker or agent) companies may now deal with every customer type directly. One notable benefit is a drop in the cost of servicing customers directly. Consequently‚ you will increase
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IT@Intel White Paper Intel IT IT Best Practices Supply Chain and IT Business Transformation January 2012 Transforming Intel’s Supply Chain to Meet Market Challenges Executive Overview Intel IT has helped to increase supply chain responsiveness and productivity while reducing process cycle time and inventory levels. To support an efficient and responsive supply chain‚ Intel IT works closely with many teams throughout Intel to formulate a strategy that integrates IT solutions across all
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