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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without passing on the benefits to Seth Dhaniram? In my opinion it was not ethical on JOSH’s part to eliminate the distributors from the chain without passing the benefits to Seth Dhaniram. The main diplomatic reason which could have been explained by JOSH to make the decision of removing the distributors may be: * Increasing the efficiency of the supply chain in terms of the time that is taken by the product to reach the customers by removing one intermediate. * From customer’s point of view
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ISSUES AND CHALLENGES OF SUPPLY CHAIN MANAGEMENT IN INDIA M.VENKATA RAMANA REDDY1 & N.V.S.RAJU2 1 G.Narayanamma institute of Technology and science for women‚ Shaikpet‚ Hyderabad-08 2 Department‚ J N T U‚ Jagityal‚ Karimnagar dist‚ Andhra Pradesh Abstract- Despite the extensive research carried out in the area of supply chain management (SCM) all over the world‚ SCM practices have not yet been well adopted in developing countries like India. This paper highlights the present issues and challenges
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Supply Chain Management- Paint Industry By: Purvi Mehta Abstract The purpose of this paper is to outline the importance and benefits‚ paint industry can achieve through supply chain integration. These benefits are primarily in the area of achieving superior customer service and operating with lower working capital. A three level framework for achieving the integration has been proposed which is in the form of structural integration‚ process integration and performance integration. The paper also
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Managing an Award Winning Supply Chain Transformation Programme – The Lego Story The Lego Story Presented by Egil Møller Nielsen‚ Vice President‚ Global Distribution Logistics LEGO Global Distribution Logistics‚ LEGO 12 October 2010 Short introduction to the LEGO story The Supplier of choice In October 2008‚ LEGO won the prestigious European Supply Chain Excellence Award in the "Logistics and Fulfillment” category. The award recognized the supply chain changes that had been accomplished
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Case Study SCMMS II – Hilti – Gearing the Supply Chain for the Future 1. Evaluate the three scenarios proposed by the project team along the lines of the criteria presented in the case 2. What would be your recommendation to the board in the current situation of world economy in December 2011 1. The project team has proposed three scenarios for Hilti’s management board which all have the potential to help the company compete in an ever more competitive and cost-driven
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Decision phases in supply chain Successful supply chain management requires much decision to the flow of information‚ product and funds. Each decision should be made to rise to supply chain surplus. These decision fall in to 3 phases depending on the frequency of the each decision and time frame during which a decision phase has an impact. As a result‚ each category of decision must consider uncertainty over the decision horizon. * Supply chain strategy or decision During this phase‚ given
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SUPPLY CHAIN MANAGEMENT 7-11 JAPAN History 7-Eleven is part of an international chain of convenience stores‚ operating under Seven-Eleven Japan Co. Ltd‚ which in turn is owned by Seven & I Holdings Co. of Japan. Eleven‚ primarily operating as a franchise‚ is the world’s largest operator‚ franchisor and licensor of convenience stores‚ with more than 46‚000 outlets. Timeline 1973: York Seven Co.‚ Ltd.‚ established 1974: First store opened (Toyosu Store‚ Koto-ku and Tokyo) 1975: 24-hour
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What is the right supply chain for your product ? A question was asked by Marshall L. Fisher in his article on the topic. The article also titled‚ “What is the Right Supply Chain for Your Product ?”‚ was published in March-April 1997 in the Harvard Business Review. The question was raised due to various improvements on supply chain has been done‚ but still it’s performance has never been worse. In some cases‚ costs have soar to unprecedented levels. It seems‚ new ideas and technology implemented
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Business Services White Paper Supply Chain Risk Management: A Delicate Balancing Act A multi-faceted view on managing risk in a globally integrated enterprise Risk Management IBM Global Business Services Page Table of Contents Risk and Consequence: Tales from the Industry Supply Chain Risk Categories Disruptive Events‚ Uncertainty and Impact Models and Methods for Supply Chain Risk Management Example of Risk Management for IBM’s Product Supply Chains An Approach for Measuring the
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