SUPPLY CHAIN MANAGEMENT TERM PAPER ON FLEXIBILITY IN SUPPLY CHAIN MANAGEMENT Submitted by Ashish ROLL NO. 142 SEC-A MBA (IB) - 2009-11 Flexibility in supply chain management Objective of this paper: To show the flexibility in Supply chain management. Flexibility is considered to be an important differentiator in the current market place as well as in the supply chain management. The need for flexibility in SCM and also the little attention is paid to how operational
Premium Supply chain management Supply chain
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
Premium Supply chain management Supply chain Lego
A – Supply Chain Strategy The supply chain strategy chosen for the power tool company is a long term partnering relationship with few suppliers. The long term vision of the company is to make quality products and constantly stay ahead of the competition with innovation. The best way to accomplish this strategic long term goal is to partner with key suppliers that operate using a strategy of long term thinking based on trust and transparency. Ray Kroc was one of the pioneers on forming partnerships
Premium Supply chain management Inventory
Faster response to changing business needs through end-to-end visibility into supply chain operations This implementation won the award for innovation by the US Supply Chain Council (SCC) SCC‚ a renowned global nonprofit organization‚ has established the supply chain world’s most widely accepted framework for evaluating and comparing supply chain activities and their performance - the Supply Chain Operations Reference (SCOR®) model. SITUATION Lack of consistent metrics‚ & reporting rules
Premium Supply chain management Supply chain
Supply Chain Assignment Maria Blum Supply Chain Management refers to the stages that involves the directly and indirectly processes that delivers a final product. It begins with a customer order; it is followed by procedures depending on the organisation and finishing with a final product. SCM consists of the materials‚ information and funds that will flow within the process in order to provide a lower cost and high degree final product to the customer/consumer. Supply Chain Management
Premium Supply chain management
Channel coordination through a revenue sharing contract in a two-period newsboy problem Cao To Linh and Yushin Hong Department of Industrial and Management Engineering POSTECH‚ Korea Abstract This paper studies channel coordination through revenue sharing contract between a single retailer and a single wholesaler in a two-period newsboy problem. Two models are discussed‚ a single-buying-opportunity model and a two-buying-opportunity model. We discuss how the revenue sharing ratio
Premium Supply chain management Economic order quantity Marketing
Question #2-Define the supply chains for the following products from the first source of raw materials to the first customer. A) Big Mac‚ B) Gasoline‚ C) Automobile repair‚ D) A Text book. Supply chain‚ its management‚ performance measures and improvement approaches. As an extension of the systems point of view‚ the system dynamics inherent in the supply chain are illustrated and the coordination in the supply chain is emphasized. Five areas where measurement of supply chain performance should be
Premium Petroleum Supply chain management
SCM 1020 (60028) Research and Case Studies In Supply Chain Management Learning Schedule Getting Started: o Make a reference note for contacting me at my Albany Tech e-mail address dpugh@albanytech.edu and at dpugh182@gmail.com. Please put both e-mail addresses on your correspondence(s). o An intranet café discussion area is located in the classroom for any questions or concerns that you would like to share with the class. o In accordance with ATC‚ I do not accept any class work
Premium 1967 1966 1979
SAP Excellence Series Editors: Professor Dr. Dr. h.c. mult. Peter Mertens Universität Erlangen-Nürnberg Dr. Peter Zencke SAP AG‚ Walldorf Gerhard F. Knolmayer‚ Peter Mertens Alexander Zeier and Jörg Thomas Dickersbach Supply Chain Management Based on SAP Systems Architecture and Planning Processes With 77 Figures and 11 Tables 123 Prof. Dr. Gerhard F. Knolmayer University of Bern Institute of Information Systems Engehaldenstrasse 8 CH-3012 Bern Switzerland Dr. Alexander Zeier Deputy
Premium SAP AG Supply chain management
provide a “real world example” of each term. a). Second-tier supplier: The first tier’s supplier’s supplier is the focal firm’s second tier supplier. Second tier suppliers are companies that sell and deliver goods and services to a first tier supplier. An automobile company could have a second tier supplier that would supply materials or parts to another company which would then supply materials or parts to another company which would then supply them to the manufacturer. A real world example of
Premium Supply chain management Inventory Management