Supply Chain Management Topic 1 * What is it? * All parties and functions involved‚ directly or indirectly in fulfilling a customer request. * Manufacturers‚ suppliers‚ forwarders‚ warehouse operators‚ wholesalers and retailers. * Movement of information and funds. * Goal * Maximize the value of the product. * Reduce time * Make more profit. * Value * The difference between the turnover (price) and the cost of the product. * Its
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factors that are outlined in the way they manage their company. By analyzing the business plan of Nike we can see how their supply chain is set up as is illustrated above. The supply chain is very important for the transfer of their goods from the supplier of raw materials to a manufacturer‚ then to a distributer‚ then to a retailer‚ to then be available for the customer. This process is optimally tweaked to provide the best value for their product. One factor that Nike has strived to make as a standard
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THE PHILOSOPHY OF SUPPLY CHAIN MANAGEMENT IN THE NEW ECONOMY: NET READINESS IN THE NET SUPPLY CHAIN The use of Internet in business can bring change in business sector that can lead the traditional enterprise to collapse. Globalization processes‚ massive implementation of Information Technology and the establishment of virtual enterprises are the basic elements in the era of the Digital Revolution.Net readiness is the ability of
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Chapter 1_The Concepts of Supply Chain Management 1 The Concepts of Supply Chain Management Content 1.1 Introduction 1.2 Definition of a Supply Chain 1.3 Decision Phases in a Supply Chain 1.4 Process View of a Supply Chain 1.5 The Importance of Supply Chain Flows 1.6 Tutorial Questions Learning Objectives After reading this chapter‚ you will be able to: • • • • • • • 1.1 Describe a supply chain and define supply chain management. Define the different organizations that
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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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FITTskills: Global Supply Chain Management Case Study #1: Global Supply Chain Management and Strategic Sourcing Case Study #1: Global Supply Chain Management and Strategic Sourcing Sounds like a supply chain problem Metrovox is a German electronics manufacturer that designs‚ develops and manufactures a range of products for the entertainment and home electronics sector. Management has recently focused on two related products‚ Bugabyte and Bugabyte Lite. The Bugabyte is a video and audio
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Supply Chain: Nike‚ Inc. Mariapaz D. Ruiz University of Phoenix MBA 550 Supply Chain: Nike‚ Inc. The supply chain plays a critical role in the transformation and global growth of a company especially in the current economic situation. The global supply chain is the transformation flow linking the raw materials‚ parts suppliers‚ manufacturers‚ and service support operations into products and services and distributing these products locally for consumers (Chase
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hamburger fast food chain‚ operating in 119 countries. The company began in 1940 and is headquartered in Illinois. As one of the most powerful brands in the world‚ their signature golden arches are a symbol recognized immediately by most. Our group chose to do our report on McDonald’s because it is one of the most well-known corporations worldwide‚ and was listed as number three on Gartner’s Supply Chain Top 25 List for 2012. This was recently announced at Gartner Supply Chain Executive Conference
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emulate Dell’s business model? Herman Miller: Innovation by Design? (Supply Chain Strategy) 1. What are the main elements of Herman Miller’s history‚ design philospophy‚ and corporate values? How have they influenced the company’s success? 2. What led Miller SQA to develop a new business model to serve its market? What is this model and how does it work? 3. What allowed Miller SQA to reduce a 6 – 8 week order-to-installation process to an average of 6 days? 4. In what ways is the Miller SQA business
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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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