Chapter 10 Supply chain Strategy Review and Discussion Questions 1. What recent changes have caused supply chain management to gain importance? 2. With so much productive capacity and room for expansion in the United States‚ why would a company based in the United States choose to purchase items from foreign firm? Discuss the pros and cons. The use of foreign firms can provide a U.S. firm more alternatives in selecting a supplier. The pros are more choices‚ potentially reduced
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to Supply Chain Strategy: Combining Lean and Agile Solutions Professor Martin Christopher Cranfield School of Management Cranfield University Cranfield Bedford MK43 0AL United Kingdom Tel : 44 (0)1234 751122 Fax : 44 (0)1234 751806 E-mail : m.g.christopher@cranfield.ac.uk Agenda • • • • • New competitive realities Lean and Agile – what’s the difference? Attacking complexity and waste Improving on-shelf availability Building a consumer-driven supply chain A 2
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definition of the Supply Chain 2020 research initiative‚ and this thesis’ position within that overall project. Additionally‚ this chapter discusses the motivation and methodology behind this paper as well as provides an outline for future chapters. 1.1 Thesis Scope The Supply Chain 2020 Project is a multi-year project initiated by the Center for Transportation & Logistics (CTL) at the Massachusetts Institute of Technology (MIT). The major research goal for the Supply Chain 2020 Project is to identify
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Give arguments to support the statement that Wal-Mart has achieved very good strategic fit between its competitive and supply chain strategies. Wal-Mart’s competitive strategy is based on three dimensions: high product availability‚ a wide variety of goods‚ and everyday low pricing. Consistently providing a wide variety of goods at low prices presents a challenge to many retailers due to the costs required in managing transportation‚ inventory‚ facilities‚ and information. Their pioneering use of
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What is causal-comparative research? Also known as “ex post facto” research. (Latin for “after the fact”). In this type of research investigators attempt to determine the cause or consequences of differences that already exist between or among groups of individuals.Causal-comparative research is an attempt to identify a causative relationship between an independent variable and a dependent variable. The relationship between the independent variable and dependent variable is usually a suggested
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future of Walmart through its supply chain As Gwen Ruta said‚ we’ve come to believe through experience that you really can create environmental progress by leveraging corporate purchasing power. And who’s got more purchasing power than Walmart? The tendency is obvious that walmart is going to play an important role in the environmental progress. In another word‚ it’s called sustainability. In 2008‚ when CEO Scott Lee went to china‚ he mentioned “develop sustainably”. We all know what walmart is‚ but
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Electronic Commerce -------------------------------------INDIVIDUAL ASSIGNMENT FALL 2014 CASE STUDY: HOW WALMART USES EC IN ITS SUPPLY CHAIN Student Name Student Code Class Words Count : Nguyen Van Tuan : BA00286 : SB0703 : 918 1 Contents 1. Executive summary .........................................................................................................3 2. Case summary ..............................................................................................................
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Question One: Identify an organisation of your choice and provide a brief description of the organisation in terms of issues such as history‚ industry‚ products and services. Walmart was founded in 1962‚ with the opening of its first store in Rogers Arkansas. In 1969 the company was incorporated as Wal-Mart Stores Incorporated. In 1970 the company was floated on the New York Stock exchange. By 1980 the company had 276 stores in 11 states under the Wal-Mart banner. The first store that was
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Best Practices of Supply Chain Management at Walmart. Posted on March 2‚ 2012 1 Ohio said ‚”Supply chain management is moving the right items to the right consumers at the right time by the most efficient means .And no one does it Better than Walmart .” Walmart stores were located at convenient place in a big warehouse type building and targeted customers who wanted to buy merchandise in Bulk . Walmart’s growth continues because it focuses on the customer’s needs and reduces cost through
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Causal determinism claims that our past‚ initial conditions are deterministicly conditioned by natural laws. Causal determinism deals with conditional predictability‚ which says that if I know all of my past/present material conditions and natural laws‚ then I can know my future causal path. Since we always base our choices on our highest desire‚ we can easily predict what choices one is going to make. It seems very plausible for casual determinism to be true. With causal determinism
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