Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of‚ work-in-process inventory‚ and finished goods from point of origin to point of consumption. Interconnected or interlinked networks‚ channels and node businesses are involved in the provision of products and services required by end customers in a supply chain.[2] Supply chain management has been defined as the "design‚ planning‚ execution‚ control‚ and monitoring of supply chain activities
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The history of Honda Honda is one of the world’s largest motorcycle manufacturers and of the leaders in the automakers industry. It was founded in 1948 by Soichiro Honda and Takeo Fujisawa. It’s headquarter is in Tokyo‚ Japan and it serves worldwide. Honda has 492 subsidiaries and affiliates accounted under its equity. The company develops‚ manufactures‚ and markets a wide range of products such as: automobiles‚ motorcycles‚ scooters‚ ATV’s‚ electrical generators‚ water pumps‚ lawn and garden equipments
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Question 1 1.1 As the world’s largest retailer with net sales of almost $419 billion for the fiscal year 2011‚ Wal-Mart is considered a “best-in-class” company for its supply chain management practices. These practices are a key competitive advantage that have enabled Wal-Mart to achieve leadership in the retail industry through a focus on increasing operational efficiency and on customer needs Wal-Mart’s corporate website calls “logistics” and “distribution” the heart of its operation‚ one that
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Green and lean supply chain 1. Introduction Firms in the twenty-first century are grappling with a constantly changing world. Three supply chain trends in particular are converging to create an increasingly complex business environment: a move towards green initiatives‚ the utilization of lean processes‚ and globalization. The globalization of supply chains involves dimensions such as offshoring of production‚ inventories‚ suppliers and customers‚ and differences in economies‚ infrastructures
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SUPPLY CHAIN MANAGEMENT A STRATEGIC APPROACH TO THE PRINCIPLES OF TOYOTA’S RENOWNED SYSTEM ANANTH V. IYER SRIDHAR SESHADRI ROY VASHER New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2009 by Ananth V. Iyer‚ Sridhar Seshadri‚ and Roy Vasher. All rights reserved. Except as permitted under the United States Copyright Act of 1976‚ no part of this publication may be reproduced or distributed in any form or by
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Contents Abstract………………………………………………………………………………………………………………2 Introduction………………………………………………………………………………………………………..2 Importance of Green Supply Chain……………...................................................................................3 Political‚ Economic and Consumer concern…………………………………………………………..4 Critical drivers for companies to adopt GSC………………………………………………………….5 The Green Network and emission Control……….....................................................................
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THE BENETTON SUPPLY CHAIN – CASE STUDY Retail operations – main objectives Benetton‟s core business is in the manufacturing‚ production and sale of casual and sportswear‚ which accounts for 95% of total revenues (Camuffo et al‚ 2001: 47). The company has a market presence in over 120 countries and has consistently generated revenues exceeding $2 billion throughout this decade (Industry profile‚ 2007: 15). It has 5‚000 retail outlets around the world‚ the vast majority of which are run by independent
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1. What are the ways that Inditex ensures that “fast fashion” is truly fast? Inditex ensures that its fashion is fast through its supply chain efforts. They have created new methods to enable store managers to order and display merchandise faster and added cargo routes for shipping goods. The company ships clothing straight from the factory to stores and makes two-thirds of its goods in Spain and nearby countries‚ compared to most competitors who manufacture most of their clothing in Asia. Inditex
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Introduction E-LOGISTICS AND SUPPLY CHAIN MANAGEMENT 2007 Abstract With the development of e-logistic practices in the global IT industry‚ There is a strong curiosity of how e-logistic activities are actually Performed in well-established companies. Within this I am Elaborating some standards of e-logistics best practice and then compare them with the application of e-logistic strategy in Dell Inc ‚ a well known computer manufacturer and provider of computing solutions . The literature
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A. Analyze whether a Keiretsu network‚ a virtual company‚ a vertical integration‚ or a different supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own stakes in one another as a means of mutual security‚ especially in Japan‚ and usually including large manufacturers and their suppliers of raw materials and components. There are two types of keiretsu: vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a company
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