Aligning The Supply chain Strategies With Product Uncertainties Introduction • Why Should We Align Supply Chain Strategy? • Supply Chain Strategies in the Information Era • Setting Up a Right Supply Chain Strategy to Match Product Uncertainty • Categorized products into two: Functional Product and Innovative Product. Two Types Of Risk • Demand Uncertainty • Based on Product attributes: Functional and Innovative. • Supply Uncertainty. • Based on Supply Processes: Stable and Evolving. Demand
Premium Management Supply chain management Production and manufacturing
Strategies to Fight Low Cost Rivals Strategies: Strategy Use when Example Differentiate your offerings You can combine numerous differentiating factors. Consumers want the benefits your new offerings would provide. You can reduce the cost of benefits you would offer. HP’s restructuring has shrunk Dell’s cost adv from 20% to 10%. Customers have appreciated added benefits like instant deliver‚ ability to see Your traditional operation will become more competitive. Your low cost venture
Premium Low-cost carrier Airline Marketing
after tourism and tea. Fruits‚ vegetable and cut flower production are the main aspects of horticultural production in Kenya. In this write up‚ the horticultural products I will focus on are coriander‚ courgettes‚ cabbage‚ kales‚ spinach‚ indigenous vegetables like ‘terere’ and ‘managu’‚ ginger‚ garlic‚ tomatoes and onions. These products will be directly sourced from my farm in Kitengela. IDENTIFICATION OF THE INNATE ANS ACQUIRED NEEDS According to Boyd (2010) humans become motivated when a need
Premium Maslow's hierarchy of needs Food Marketing
$50 per hour to rent ovens and other kitchen machinery. The restaurant uses seven hours of server time per unit of machinery time. Determine whether the restaurant is minimizing its cost of production when the ratio of marginal products (capital to labor) is 12. If not‚ what adjustments are called for to improve the efficiency in resource use? The ratio of prices PK/PL= r/w= 50/5=10 and The capital to labor MPK/MPL= w/r=12 These two ratios are not equal‚ the restaurant should
Premium Economics
manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager to plan strategy? The output of concern to the campaign manager is the number of votes. The production function has two inputs‚ television advertising and letters. The use of these inputs requires knowledge of the substitution
Premium Costs Cost Marginal cost
1. What characteristics do you posses that would serve you well as a camp counselor? I believe I hold the characteristics of a terrific leader‚ someone who is always focused on what she is doing‚ someone who has integrity and is inspirational. I also completed leadership training and hold a certificate of leadership. I am overly patient and always positive. 2. What would the ideal experience of camp be? To me‚ the ideal camp experience would be for these girls not only have a fun time and build
Premium Leadership English-language films Management
Will Project Creep Cost You—or Create Value? Strict rules that limit a project’s scope can be the key to its success. But you need a system flexible enough to recognize value. by Loren Gary I of a manager’s existence: When do you permit changes to a major project? Allow the wrong changes and the project you’re responsible for can veer off course‚ run over budget‚ and miss key deadlines. Ignore the right change‚ and you fail to capitalize on a major market opportunity. Hence the dilemma: How to
Premium Project management
Reflection Paper: What is Strategy? Porter invalidates “Operational Effectiveness” as being strategy. As he puts it‚ oftentimes‚ businesses concentrate on productivity‚ quality and speed. These concepts lead further down to total quality management (TQM)‚ benchmarking‚ time-based competition‚ outsourcing‚ partnering‚ reengineering and change management. Although these principles may sound ideal‚ these do not lead to the ultimate goal of the company and that is profitability. Strategy rests on the
Premium Management Strategic management Total quality management
What is Strategy Johnson and Scholes (Exploring Corporate Strategy) define strategy as follows: "Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfil stakeholder expectations". In other words‚ strategy is about: * Where is the business trying to get to in the long-term (direction) * Which markets should a business
Premium Management Strategy Strategic management
performance the next time.” In the face of overwhelming adversity‚ what gives me the cause to hope? Ever since I was little I have been competitive in all different levels and types of sports‚ many of which I have stared right into the face of adversity. Injuries‚ family problems‚ and being strewn out between 400 miles of highway between Tennessee and Georgia have given me plenty of reason to give up on my sports…my true passion and desire. Did I give up? Did I let the face of adversity tear me down? No. I
Premium 2001 albums Timbaland English-language films