Johnathan Anthony Mr. Jang SCM 301 10/1/13 Part 1 Exam 1.) Anticipatory and response-based business models are the two ways used by firms to fulfill customer requirements. The fundamental difference in the two models is timing. Anticipatory model has been the traditional business practice‚ which was mainly forecast driven. Since information about purchasing behavior was not available‚ and the channel partners were collaborating loosely‚ businesses were driven by forecasts. The forecasts
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CH14.QXD 9/24/07 11:56 AM Page 435 . 14 Chapter Enterprise resource planning (ERP) Source: Northampton Symphony Orchestra Introduction One of the most important issues in planning and controlling operations is managing the sometimes vast amounts of information generated by the activity. It is not just the operations function that is the author and recipient of this information‚ almost every other function of a business will be involved. So‚ it is important that all relevant
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SCM IN BANKING SECTOR 1 PRESENTATION FLOW Service Industry – Features SCM in Service Industry Banking Industry – Overview Problem Statement Objectives for FY2010 Retail Banking (Liquidity and Credit Management) Credit Card Delivery Mechanism Corporate Banking HNI Banking 2 UNIQUE FEATURES OF SERVICE INDUSTRY The customer – a participant in the service process Simultaneous production and consumption Perishability Limited Scale Economies Labor Intensiveness
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Formation of Nike In 1958‚ Phil Knight came realised the need of a good American running shoe and started working on his idea. In 1964‚ he along with Bowerman formed an athletic shoe company and called it Blue Ribbon Shoe (BRS) company. In 1971‚ they developed a distinctive trademark and a new brand name and this is how Nike came into existence. Exceptional economic performance Nike grew at an amazingly fast pace with profits growing from $10 million to $270 million in the first half of 1970s
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he married the shopkeeper’s daughter‚Margherita Barezzi. She died‚ along with her two children‚ sometime between 1838 and 1840. The first opera Giuseppe wrote was called Oberto Conte di San Bonifacio ‚ written in 1839. It was first performed at Scala Theatre on November 17th‚ 1839 with moderate success. His next play‚ Un Giorno Di Regno‚ was a failure. It was his first comedy‚ which was ironically written shortly after the death of his wife and children‚ whom
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Critical Factors for successful Six Sigma Implementation (Published in NCQM Journal April 2004) By Hemant Urdhwareshe‚ General Manager Product Engineering‚ Cummins India Limited. Six Sigma approach is one of the most widely discussed topics by business executives for the last few years. It all began when Motorola started talking about Six Sigma and then Jack Welch embraced it for GE when Six Sigma became a hot cake. While Six Sigma was somewhat suddenly known to many‚ its evolution is not as sudden
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better concept than QC b) QC is better concept than QA 3) Six Sigma means: a)Usage of problem solving tools and methodologies for break through improvement b) Usage of ISO 9000 Clauses c) Usage of ISO 14000 clauses d) Implementation of CE requirements 4) In DMAIC methodology D‚ M‚ A‚ I & C stands for: a) Define‚ Measure‚ Accept‚ Improve & Control b) Defect‚ Measure Analyze‚ Improve‚ Control c) Define‚ Measure‚ Analyze‚ Improve‚ Control d) Define‚ Measure
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What do you do as a company if bad publicity ruins your whole image? Do you give up or do you fight with everything you have in order to change the bad publicity? If that is the case‚ then how do you turn the negative publicity into positive? “Innovate for a better world” is Nike’s CSR slogan which is about reaching their potential. Their biggest challenges are also their biggest opportunities and seeing these challenges as something positive instead of something negative – opportunities‚ is innovation
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KEY WORDS: - (RC) Rate contract‚ (ERP) Enterprise Resource Planning‚ (ICE) Information Consolidation for Efficiency‚ (OEM) original equipment manufacturers‚ (EPC) executive purchase committee‚ (MM) materials management‚ (PR) Purchase Requisition‚ (PO) Purchase Order‚ (LOI) Letter of Intent‚ (EMD) Earnest Money Deposit‚ (BEC) Bid Evaluation Criteria‚ (NIT) Notice Inviting Tender‚(TC) Tender Committee‚( E&P) Exploration and Production‚ (MTOE) Million Metric Tons of Oil Equivalent‚ (PSU) Public
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NIKE Part 1: Organizational Analysis 2/6/2013 NIKE Part 1: Organizational Analysis Table of Contents Executive Summary 3 Overview and History 4 Organizational Strategies and Innovation 5 Organizational Design and Effectiveness 6 Competitors 7 Organizational Structure 7 Board of Directors: 8 External Environment 9 Opportunities 9 Threats 9 Internal Environment 10 Strengths 10 Weaknesses 11 Competitors 11 Nike Products and Services 12 Information Technology
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