Winter Project Dec’ 2012 A Literature review on Risk in Supply Chain [pic] Under the Guidance of: Submitted by: Prof. P.K. Jha Sandeep Singh Dept. of Industrial Engineering & Management M.Tech 1st year IIT Kharagpur 12IM60R03 Risk in supply chain 1. What is Risk? Risk can be broadly defined as a chance of danger‚ damage‚ loss‚ injury or any other undesired consequences. A more scientific definition of risk was provided
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QUESTION 1 Is supply chain management for real or is it just another fad? Does the answer to this question depend on how a company pursues SCM? ANSWER 1 Supply chain management is for real. This is because it is used frequently in today’s materials management environment. SCM is generally associated with advanced information technologies‚ rapid and responsive logistics service‚ effective supplier management‚ and increasingly with customer relationship management. Most materials
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Topic: Demand Driven MRP 21st Century Supply Chains Require New Demand Driven Rules and Tools A white paper by the Demand Driven Institute April 2011 www.demanddriveninstitute.com The Demand Driven Institute (DDI) was founded by Carol Ptak and Chad Smith‚ co‐authors of Orlicky’s Material Requirements Planning‚ Third Revised Edition in order to proliferate and further develop demand driven strategy and tactics in industry to enable a company to transform from “push and promote” to
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Running head: Amazon.com Supply Chain Project Amazon.com Supply Chain Project Jarrel Nightingale JNightingale2@CapellaUniversity.edu Capella University BUS3004: Supply Chain Management Professor Dr. Robert Goldwasser December 10‚ 2012 Amazon.com Supply Chain Project Introduction In today’s society‚ Online Shopping and the industry of e-commerce has become very popular and mainstream. Many individuals have integrated online shopping into their normal routine and have
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trends of supply chain management in the pharmaceutical industry. Basically supply chain management touches every function of the business such as: marketing‚ sourcing‚ manufacturing‚ logistics‚ inventory management‚ information technology‚ and customer relations. The main purpose of supply chain is to satisfy customer needs and to generate business profits‚ but for pharmaceutical industry supply chain management is way more complex than that. The key drivers for a pharmaceutical supply chain excellence
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reduction in their current prices. SCM is key in making this happen‚ though as referenced in this case study all levels of the organization must be involved. When faced with change‚ managers and employees are easily turned off by the idea of shaping new practices in positions they have much familiarity with. Consequently‚ if company pursues SCM half hearted they likely to not fully embrace the tool and not fully reap the rewards. So the companies as a whole must do everything in their power to cultivate SCM
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Introduction Supply chains have expanded rapidly over the decades‚ with the aim to increase productivity‚ lower costs and fulfill demands in emerging markets. The increasing complexity in a supply chain hinders visibility and consequently reduces one’s control over the process. Cases of disruption such as the ones faced by Ericsson and Enron‚ have shown that a risk event occurring at one point of the supply chain can greatly affect other members‚ when the disruption is not properly controlled. Supply chain
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LOGISTICS‚ SUPPLY CHAIN & TRANSPORT MANAGEMENT PROGRAM The Cambridge International College Publication on ‘Logistics‚ Supply Chain and Transport Management’ by Ronald H Ballou will be sent to you by registered airmail post as an integral component of the Program Introduction This Publication is concerned with the vital subject of business logistics and supply chain management‚ an area that can be essential to a firm’s competitive strategy and revenue generation. This management area has
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The reading on sustainable supply chain management (Ram Nidumolu‚ C.K. Prahalad‚ and M.R. Rangaswami‚ 2009; B. Ageron‚ A. Gunasekaran‚ A. Spalanzani‚ 2012) shows that the sustainable business development has received a great deal of attention from governments and both profit and non-for-profit organizations to environmental‚ social and corporate responsibility. It is vital for companies to take seriously thinking about manufacturing and service sustainability‚ and underscore the importance of sustainability
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the supply chain‚ sometimes referred to as the value chain‚ is to create value. In an end-customers’ context‚ value is the measure of desire for a product and its related services (1) customer relationship management‚ (2) customer service management‚ (3) demand management‚ (4) order fulfilment‚ (5) manufacturing flow management‚ (6) supplier relationship management‚ (7) product development and commercialization‚ and (8) returns management. actually frame the supply chain business model. They
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