Supply Chain Responsiveness and Efficiency – Complementing or Contradicting Each Other? Dennis Minnich1 Frank H. Maier2 International University in Germany Campus 1 76646 Bruchsal‚ Germany Phone +49 7251 700-341 Fax +49 7251 700-350 e-mail dennis.minnich@i-u.de Abstract Balancing responsiveness to market requirements with overall efficiency is an important issue in supply chain design and management. The objective of the system dynamics model introduced in this paper is to capture generic structures
Premium Supply chain management Inventory Supply chain
that a company may experience with a global supply chain. Introduction Businesses and supply chains have become substantiality global over the last decade. Between 1995 and 2007‚ the number of transnational companies has more than doubled from 38‚000 to 79‚000 and foreign subsidiaries have nearly tripled‚ from 265‚000 to 790‚000. (Ref: IBM report “the smarter supply chain of the future”) In addition to spreading geographically‚ supply chains now involve more companies. Nearly 80% of executives
Premium Supply chain management Supply chain Management
SC Pull System MANUFACTURING IT INFRASTRUCTURE STORES WORLDWIDE 2) How does Zara’s situation support‚ or not support‚ its supply chain strategy? -There is a decentralized autonomous Pull System. -Flexibility and Fast Response compare to competitors. Average Lead Time 15 days vs 4-6 weeks for the competitors. -Because the company is in the Fast Fashion industry‚ the company spend less that 1% in advertising vs 4% from competitors. Their income is higher than competitors. 3)
Premium Vertical integration Management Strategic management
SUPPLY CHAIN MANAGEMENT TERM PAPER ON FLEXIBILITY IN SUPPLY CHAIN MANAGEMENT Submitted by Ashish ROLL NO. 142 SEC-A MBA (IB) - 2009-11 Flexibility in supply chain management Objective of this paper: To show the flexibility in Supply chain management. Flexibility is considered to be an important differentiator in the current market place as well as in the supply chain management. The need for flexibility in SCM and also the little attention is paid to how operational
Premium Supply chain management Supply chain
of best practices in supply chain strategies‚ with a focus on demand forecasting and collaborating information. Supply chain management is an area of importance. This paper is based on a survey of a large number of publications on supply chain management (books‚ conference papers and journal articles) for context and an industry expert interview. This literature review analyses the case study of a Taiwanese semi-conductor company‚ Tekcon to show its best practice supply chain strategy. The key objective
Premium Supply chain management Supply chain Management
SUPPLY CHAIN MANAGEMENT AT WAL-MART Due Date December 1‚ 2009 Orlando‚ FL 32816 INDEX 2. Introduction 3. Supply Chain at Walt-Mart Inc 4. Importance of the supply chain the strategic 5. Identification of the supply chain strategies a. Negotiation with many supplier b. Long Term partnering c. Vertical Integration d. Keiretsu Network e. Suppliers on an as need basis 6. Issues in Wal-Mart supply chain
Premium Supply chain management
Supply chain of Betel Leaf: Preface: In perspective of supply chain of betel leaf‚ this paper has been showed the supply chain of betel leaf within the sylhet city. At the very beginning we discussed regarding betel leaf such as vernacular name‚ Bangladeshi’s betel leaf‚ area of cultivation‚ its varieties etc. So this part will show the Inventory process‚ Transportation‚ Location and Distribution process of betel leaf within the sylhet city. Description: The betel leaf is known as Paan in Assamese/Urdu/Hindi/Odia/Bengali
Premium Bangladesh
EVOLUTION OF THE XBOX SUPPLY CHAIN April 2‚ 2007 Contents Section 1: A Synopsis and interpretation of the Supply chain changes made between Xbox and Xbox 360 Section 2: Benefits and Risks of global launch of Xbox 360 Section 3: Benefits and Limitations of using EMS firms concentrated in China and an Analysis of the co-ordination efforts required Section 4: References 21 Section 1: A Synopsis and interpretation of the Supply chain changes made between Xbox and Xbox 360 by Anand Kangala
Premium Xbox 360 Video game console
highly competitive situation in order to survive; Supply Chain Management (SCM) becoming the main topic for improving efficiency and satisfy customer’s need. The supply chain of a company consists of different departments‚ ranging from procurement of materials to customer service. Supply chain management means transforming a company’s “supply chain” into an optimally efficient‚ customer-satisfying process‚ where the effectively of the whole supply chain is more important than the effectiveness of each
Premium Supply chain management
13 Lean and agile supply chain Introduction With the real-time access to the Internet and search engines like Google and with the increased global competition‚ customers have more power than ever before. They demand innovative product features‚ greater speed‚ more product variety‚ dependable performance and quality at a best in class and at a competitive price. Furthermore‚ today’s discerning consumers expect fulfilment of demand almost instantly. The risk attached to traditional forecast
Premium Lean manufacturing