Important Articles About Supply Chain A Primer on Sourcing and Procurement in an Integrated Supply Chain Supply Chain Management Review introduces a new series called “Back to Basics.” It’s a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee. Pictured: Wendy L. Tate‚ Assistant Professor of Logistics‚ Department of Marketing and Logistics
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Microeconomics Introduction : What microeconomics is all about ? Macroeconomics focus on the economy as a whole. In macro‚ you outline relationships between variables ( growth‚ employment rate‚ investment…). Micro : focus on economic agents‚ players‚ and companies. Focus on how consumers and companies are behaving. In micro you look at the economy as being structured‚ divided in several individual markets. It is an important difference in focus : from the overall standpoint to the
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of the Australian Market supply chain will be an ongoing focus and cost as supply choices and methods are established. Because Whole Foods is a grocer‚ many products need to be delivered just in time to be sold in order to minimize costs due to spoilage and damage. Over 66% of Whole Foods products are perishable (Whole Foods‚ 25). Whole Foods product distribution to stores in Australia will work almost identically to the methods used in American and United Kingdom stores. A central good acquisition
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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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1 How can postponement of product differentiation be used to improve supply chain profitability? Postponement‚ also known as "delayed differentiation‚" is a supply chain strategy that delays product differentiation at a point closer to the customer. This involves designing and developing standard or generic configurable products that can be customized quickly and inexpensively once actual consumer demand is known. Postponement also entails the implementation of specific inventory strategies to deploy
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umbrella called Supply Chain Management (SCM)‚ more specifically inside Logistics. SCM is based on four mayor strategic decision areas; location‚ production‚ inventory and transportation (distribution) (Intro to supply CM). A Transportation and distribution strategy is key in the value chain for global companies and is a fundamental part of the logistics process as part of the global supply chain models (Chopra and Meindl‚ 2007: 54; Vidal. 1997). The concepts of logistics and supply chain management are
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Chapter 4: Supply Chain Management at Durham International Manufacturing Company (DIMCO) 1. Briefly describe DIMCOs supply chain: DIMCO has a traditional or basic supply chain with all activities directed at delivering a finished product to customers. DIMCO uses 1350 components which are sourced from 375 suppliers. • The finished goods go to a central warehouse; • From the Central warehouse the finished goods go to regional distribution centers: 6 domestic and 4 international (outside the United
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As a part of Riordan’s new total systems process design‚ it is imperative that we examine our present stable supply chain process for the manufacturing of electric fans at our plant located in Hangzhou‚ China. The current supplies available for retail and wholesale purchase in the China plant consist of electric fan motors‚ fan parts made from plastic polymers‚ and assembled fan units. The motors are purchased from a local Chinese company as completely assemble unit and are stoked for purchase (University
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abuses in their supply chains yesterday as a Guardian investigation revealed that 40 Bulgarians found by the authorities to be illegally employed and exploited by a gangmaster in Cornwall were picking and packing vegetables destined for Tesco and Morrisons. The Bulgarians said they were forced to "live like pigs on scraps"‚ scavenging vegetables from the fields when their Latvian gangmaster withheld their pay for 34 days. They were sent to work through a subcontracting chain at Southern England
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production. Logistics assumed the role of providing customer service on a day-to-day basis‚ interacting directly with customers to determine their specific needs and the exact timing of these needs In addition‚ Unichema applies the Activity Based Costing analysis to segment its customer in order to gain the benefit of efficient information about customer. By using this approach‚ Unichema can take market advantage by better understanding various customers and providing respective products and services of each
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