cost of goods sold (company info) average finished goods inventory (15) 5. Percentage of safety stock Average safety stock (16) total inventory (12) 6. Purchase operating expense dollars as a percent of supply chain purchase dollars Purch operating expense dollars (21) supply chain purchase dollars (2) 7. Purchase order cycle time (in days for purchasing department and excludes supplier lead time) Average amount of time (in days) elapsed from point of intention to place order to receipt
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Diploma in Supply Chain Management Warehouse Management Table of Contents Introduction……………………………………………………………………………………………………………….3 2) Type of WMS Software…….…………………………………………………………………………………………4 3) Advantage of Warehouse Management System .……………………………………………………..6 4) Disadvantage of Warehouse Management System ………………….………………………………….8 5) Conclusion …………………………………………………………..………………………………………………....11 6) References ……………………………………………………….…………………………………………………..12
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electronic commerce company that was established by Sachin Bansal and Binny Bansal in 2007 and now it is India’s largest online retailers with sales of 1 billion$ for year 2013-14. With a strong focus on customer service‚ it has developed an efficient supply chain which focuses on maximising customer satisfaction. The objective is to provide a memorable online shopping experience to their customers so that they come back again and again using innovative services like Cash on Delivery‚ a 30-day replacement
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abuses in their supply chains yesterday as a Guardian investigation revealed that 40 Bulgarians found by the authorities to be illegally employed and exploited by a gangmaster in Cornwall were picking and packing vegetables destined for Tesco and Morrisons. The Bulgarians said they were forced to "live like pigs on scraps"‚ scavenging vegetables from the fields when their Latvian gangmaster withheld their pay for 34 days. They were sent to work through a subcontracting chain at Southern England
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Article Review- What is the right supply chain for your product? by Marshall L. Fisher What is the right supply chain for your product ? is the question asked by Marshall L. Fisher in his article titled‚ “What is the Right Supply Chain for Your Product ?” published in March-April 1997 issue of the Harvard Business Review. Author raises the question stating the fact that new ideas and technology implemented haven’t lead to improved performance. Performance has not become better but rather in
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trends of supply chain management in the pharmaceutical industry. Basically supply chain management touches every function of the business such as: marketing‚ sourcing‚ manufacturing‚ logistics‚ inventory management‚ information technology‚ and customer relations. The main purpose of supply chain is to satisfy customer needs and to generate business profits‚ but for pharmaceutical industry supply chain management is way more complex than that. The key drivers for a pharmaceutical supply chain excellence
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Executive Summary Unichema was a subsidiary of Unilever. It produced over half a million tons of oleochemicals yearly for customers worldwide. The oleochemical products produced by Unichema had a large application area-in polymers‚ cosmetics‚ rubber‚ textiles‚ leather‚ paper and lubricants. Customer demands and market pressures were forcing Unichema to become more competitive and more responsive to customer requirement such as lower prices‚ shorter lead times on deliveries‚ precise timing for deliveries
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requires transporters and shippers to make efforts to protect the environment in their logistics activities. Fujitsu‚ which has been active in green logistics for some time‚ is expanding environmental load reduction activities across the entire supply chain‚ setting a tough industry-leading target of reducing transport-related CO 2 emissions by 30% from fiscal 2000 levels by the end of fiscal 2010. This paper introduces Fujitsu activities toward this goal with a focus on “reducing CO 2 emissions
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purchasing is more detailed: “The management of the company’s external resources in such a way that the supply of all goods‚ services‚ capabilities and knowledge which are necessary for running‚ maintaining and managing the company’s primary and support activities is secured at the most favourable conditions” (2010). Why is purchasing so important in business management? In his Value Chain‚ Porter represents the purchasing as a support activity in the business. Support activities are aimed at
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The Race for Supply Chain Advantage The ability for a company to excel in supply chain management is a vital characteristic that can widely separate one company from another. Successful companies have used a variation of certain practices that embody the attributes necessary to be known as a leader in terms of competitive advantage. A recent study conducted by McKinsey and Company has revealed that there are only six supply chain practices that matter most to company performance. These practices
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