THE BENETTON SUPPLY CHAIN – CASE STUDY Retail operations – main objectives Benetton‟s core business is in the manufacturing‚ production and sale of casual and sportswear‚ which accounts for 95% of total revenues (Camuffo et al‚ 2001: 47). The company has a market presence in over 120 countries and has consistently generated revenues exceeding $2 billion throughout this decade (Industry profile‚ 2007: 15). It has 5‚000 retail outlets around the world‚ the vast majority of which are run by independent
Premium Supply chain Supply chain management
QUESTION 1 a. Define what is meant by Supply Chain Management b. Describe the five basic elements of supply chain a. Definition of Supply Chain Management Supply Chain Management refers to the management of the network of interconnected businesses involved of product and service packages required by the end customers in a supply chain. Another definition also defines that supply chain as the flow and management of resources across the enterprise for the purpose of maintaining the business
Premium Material Supply and demand Supply chain management
What is Data Management? What are some of the difficulties that organizations face when managing data? How can data warehousing‚ online transactional databases and data mining assist with these difficulties? May 18‚ 2014 Kendra L Thompson ITEC 6111: Information Technology in the Organization Professor Mello Star Just as cars need fuel‚ so does organizations‚ when it comes to data it serves as fuel to many organizations. Without the use of data‚ organizations would probably “go
Premium Data management Data mining Data warehouse
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
Premium Supply chain management Management Supply chain
Map the Supply Chain Caroline Evans MKT/421 September 18‚ 2014 Dr. Michael McKinley Abstract The supply map and the supply chain management consist of manufacturers‚ distributors and retailers. The marketing mix determines the product mix and the product mix helps the fashion designer to control the target market. The distributor of the finished garment later determines how the product would distribute throughout the department and discount stores. The target market will help the designer
Premium Retailing Haute couture Marketing
The Supply Chain of the Next Decade ---A Study on the Context of Global Supply Chain [pic] National University of Singapore Industrial and System Engineering Group Leader: Zhang Juzheng Group Members: Gu Shimin
Premium Supply chain management Supply chain
"Supply chain management is the flow of goods‚ services‚ and information from the initial sources of materials and services to the delivery of products and activities occur in the same organization or in other organizations"(Horngren695). This approach enables Regal Marine (R.M) to be highly effective‚ efficient‚ and profitable. More over supply chain management effectively manage your supply chain by synchronizing the demand for your products with your production capabilities‚ optimizing your resource
Premium Supply chain management Management Internet
Supply Chain 2025- Trends and implications for India India as an economy will differ from its contemporary phase. It will experience growth in terms of its nominal GDP; capturing third place in the world’s economies. Growth will be held by middle income households and working population and rising manufacturing sector. As more citizens will move towards urbanization‚ consumerism will increase giving rise to demand for products and services. With the shift in the demographics‚ more of supply chain
Premium Supply chain management Supply chain
with business-related decisions. However‚ the making of such decisions in the real world is often unstructured. The term ‘rational decision making’ epitomises the confusion and widely varying interpretations surrounding this phenomenon. A process-oriented approach may‚ therefore‚ seem different from traditional ways of arriving at a choice. Nevertheless‚ the benefits of adopting such an approach are significant‚ and its use seems certain to improve managerial decision making in organisations. The
Premium Decision making Flipism Cognition
are three strategic alternatives for the company to implement its future plans. It can opt for forward integration strategy by controlling its distribution channels; it can implement backward integration strategy through acquisition of building its own plant. Bergerac also have the option to operate the way it is currently operating to avoid risks arising from forward and backward integration. Introduction and Problem Identification Bergerac systems‚ established in 2001‚ focused on developing latest
Premium Supply chain Vertical integration Supply chain management