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Supply Chain Strategy Research Paper

… The negative effects seen by doing this means problems all throughout the supply chain and costs that will increase (Heizer & Render, 2010).

D. Concepts and Methods

Having good communication at every level of the supply chain is the most important thing the company can do. This should be the first step, as it will help to ensure that supply chain management is integrated and effective. There are specific methods to use in order to create good communication, such as Collaborative Planning, Forecasting, and Replenishment (CPFR). (Heizer & Render, 2010). That allows all the members of the supply chain to share plenty of good information so they are better able to manage their inventory through collaboration with one another (Heizer & Render, 2010; Jacoby, 2009).…. [read more]


Supply Chain Annotated Bibliography

… " (p. 30) This is an idea which may figure prominently into further research.

Duke, M. (2010). "Next generation Wal-Mart." Vital Speeches of the Day, 76(9), 425.

The article by Duke (2010) indicates that by pushing toward improved logistical management of the supply chain, Walmart feels it can continue to serve the evolving needs of its target consumers. According to Duke, "we can combine our stores, our systems, and our logistics expertise into one continuous channel to drive growth and serve the Next Generation Customer around the world. In global e-commerce, we will not just be competing. We will play to win." (Duke, p. 1)

Hugos, M. (2003). Essentials of supply chain management. Hoboken, NJ: John Wiley & Sons.

The above source denotes a shift…. [read more]


Supply Chain Strategies: B2B Versus B2C Logistically Term Paper

… Supply Chain Strategies: B2B versus B2C

Logistically, the different strategies employed by a B2B (Business to Business) versus a B2C (Business to Consumer) in managing their supply chain strategies stem from the nature of the customers of the different entities. B2B businesses are usually marketing to fellow businesses within the same industry, government buyers, or institutions that are purchasing products for resale. B2Bs must focus on the value they are offering to the potential consumer, so the business they are dealing with will wish to engage in a transaction with the supplying B2B business.

Customers on the personal, retail level in B2C have more diffuse needs. Yes, the B2C customers may wish to maximize their value in their business transactions, but the B2C customers may…. [read more]


Third Way Supply Chain Strategy Essay

… Butner also recommends that companies create cost-efficient sustainable products and practices while hedging risks with partners; another key aspect of Third Way is VF's partnering with suppliers.

Some analysts sound a cautious note when it comes to SCM strategies. Dorn of The Strategic Sourceror advises companies to seriously consider all aspects of globalization in light of the challenges of petro-economics. This analyst's comments are as timely today as they were when originally made in 2008. The analyst cites rising fuel costs for cutting deeply into projected savings for the internationally integrated supply chain. Among other challenges, the analyst mentions the following:

Currency values must be included in evaluations

Ability to arrange a supplier audit to maintain quality standards

Trade barrier-caused delays

Political instability

Natural disasters…. [read more]


Supply Chain Management Systems Literature Review

… Supply chain management systems have become a common solution that firms are using to address a host of challenges. In order to determine the impact of different strategies there will be a focus on their long-term effects, potential weaknesses and how they can be addressed. These elements will provide specific insights that will help in analyzing the best approaches firms can use to enhance their procurement and logistics procedures.

Over the last several years, a variety of firms have been focusing on improving supply chain management. This is because these practices are shown to be an effective way for them to increase productivity and reduce costs. According to Singh (2011), this is becoming a vital area that is helping companies to address the needs of…. [read more]


Supply Chain Management Careful Attention Essay

… This achievement also would result in fresher product on the shelf. Second, it wanted to improve customer service levels and reduce stockouts by having the right product in the right place. And, finally, it wanted to reduce large-scale capital investments in warehousing" (Murphy, 2002).

These goals seem consistent with the objectives set out by the Collaborative Planning, Forecasting and Replenishment Committee, but it is now important to assess whether they were attained by the firm. In the pursuit of their objectives, the managers at the Coca Cola bottling firm developed and implemented a three fold strategy, focused on the following:

Visibility of demand

The centralization of planning, and last

The coordination with the specifics of the real life situation.

The visibility of demand translated into…. [read more]


Supply Chain Management Founded Term Paper

… Ford made a strategic decision to take back control of their aggregate metals spending on behalf of their value chain. They introduced a multi-tier procurement process to their North American parts-component supply network. The "buy-sell" process allowed Ford to control cost and supply by purchasing production volume directly from the source and reselling in volume to their external parts suppliers. This strategy in effect allowed Ford to become the single supply source to their sub-tier community and was achieved without Ford's taking ownership of the manufacturing asset or assuming physical or financial inventory exposure.

As is typical of most supply chains, there is a mixture of push and pull. As long as consumers, that is the car-buying public, have a choice about what cars they…. [read more]


Supply Chain Management in Fmcg Term Paper

… The focus of business in terms of reaching out to new opportunities for growth is also a notable factor in reducing business challenges faced in current environment. Large product volumes and increased customer preferences effects global manufactures and distributors. The internal and external factors influence business performance. The developments in technology have also enabled the manufactures to perform mass customizations and developing environment friendly products and services.

The capabilities of supply chain management have enabled the companies to treat suppliers of raw materials, manufacturers, distributors, and customers as strategic business partners. The concept of one time sales has long been vanished from almost all industries including FMCGs. The strategic partner's status also helps small scale partners to increase their capacity and overcome capacity shortages through…. [read more]


Supply Chain Management Related Case Study

… "The process of dialogue allows any side to express their opinion regarding the business activities and how they feel about anything, this greatly helps in creating more understanding" (Chong, 2002).

4. Eliminating waste in supply chain

The steps taken in order to eliminate waste in supply chain are as follows, firstly it should be decided what to analyze i.e. products, processes and so on. A thorough and detailed analysis now is the key towards future successes since it allows the assessment of all the things with detailed description. Secondly, a value stream map should be drawn for the subject that has been chosen. Third, analyze all the information flow as well as the material flow. Fourthly, a drawing of the ideal flow should be created.…. [read more]


Supply Chain Logistics Systems Essay

… In terms of the relationship between logistics systems and costs, the greater an organizations' ability to manage the constraints of their unique supply chain logistics the greater the visibility into costs. The advanced planning and scheduling aspects of logistics systems require greater precision in how they manage cost variations by 3rd party and 4th party logistics providers however (Fabbe-Costes, Jahre, Roussat, 2009). The cost aspects of supply chain logistics management is also going through an evolutionary phase of providing greater insight into p[profitability on a per shipment and per product line basis (Colledani, Tolio, 2011). This will in turn make the operation of advanced supply chain logistics systems more efficient and targeted to specific goals.

Techniques For Performing Logistics Systems Analysis

There are a myriad…. [read more]


SCM Supply Chain Management Term Paper

… Wal-Mart's supply chain creates value for the customer and the company because it allows the customer to save money and as a result is also responsible for the company's competitive advantage.

Wal-Mart has developed highly sophisticated information systems that have automated much of their supply chain. Wal-Mart has implemented some of the world's most advanced enterprise resource planning (ERP) systems. The company has also standardized much of their business model in order to create efficiencies. Business functions such as staffing and human resources training programs have benefited from standardization. Through standardization the company also creates cost efficiencies by creating a set of international best practices. However, even Wal-Mart has struggled with standardization efforts in some countries such as Germany who have unique cultural barriers. Standardized…. [read more]


Product and Supply Chain Essay

… Manufacturers must come up with long-term plan to enable them find a distinctive way of competing in order to guarantee profitability over a limited time span. The plan has to take into account its aims and objectives of establishing competitive advantage that can allow the company to outperform others in the same industry (Cetinkaya, Cuthbertson, Ewer, Klaas-Wissing, Piotrowicz & Tyssen, 2011). To have competitive advantage over other market players, the manufacturer can pursue cost leadership, differentiation and focus. The manufacturer can become the lowest cost producer in the industry and develop product and services perceived as unique in the industry. Any strategy that a manufacturer comes up with must take into consideration the demand, supply and the general factors. Talking of demand, the customers and…. [read more]


Supply Chain Information Technology Essay

… Sinkula, Baker, & Noordewier (1997) noted that the ability to take actions as well as react to the information that is gathered forms that ultimate degree of learning. Supply chain responsiveness is therefore one of the main elements of an organization's supply chain capabilities. Information technology can therefore effectively leverage this element in order to create a competitive advantage.

Conclusion

All organizations must therefore make efforts to effectively improve their competitiveness by the adoption of the latest information technology inventions in their supply chain management systems. IT therefore form a crucial element of each and every organization that is involved with internal or external logistics

References

Akkermans, HA, Bogerd, P., Yucesan, E., and Wassenhove, LNV (1999). The impact of ERP on supply chain management: Exploratory…. [read more]


Supply Chain Management Term Paper

… boeing.com/defense-space/aerospace/techdata/sustainment.html

5. Boeing Updates Customers, Financiers about 7E7 Progress. November 2003.

6. Boeing and All Nippon Airways Sign Contract for Innovative Maintenance Solution. November 2004. On the Internet http://www.boeing.com/news/releases/2004/q4/nr_041109g.html

7. Boeing Signs Honeywell, Hamilton Sundstrand for Integrated Materials Management Program. August 2004. On the Internet at http://www.boeing.com/news/releases/2004/q3/nr_040817g.html

8. Supply Chain Management. SearchCIO.com Definitions. On the Internet at http://searchcio.techtarget.com/sDefinition/0,,sid19_gci214546,00.html

Kay, Russell. December 2001. Supply Chain Management. Computerworld. On the Internet at http://www.computerworld.com/softwaretopics/erp/story/0,10801,66625,00.html

Ibid.

Poirier, Charles and Quinn, Francis. September 2003. A Survey of Supply Chain Progress. Supply Chain Management. Review. On the Internet at http://www.manufacturing.net/scm/article/CA323602.html?text=boeing

Mayor, Tracy. August 2004. The Supple Supply Chain. CIO. On the Internet at http://www.cio.com/archive/081504/supply.html

Ibid.

Ibid.

Ibid.

Supply Chain Services. On the Internet at http://www.boeing.com/defense-space/aerospace/techdata/sustainment.html

Ibid.

Boeing Updates Customers, Financiers about…. [read more]


Supply Chain Management True Essay

… 65% order fill, steady increase in its product line" (Coca-Cola Bottling Company Consolidated, 2011), and continual innovating 'right on the retail shelf'" (Coca-Cola Bottling Company Consolidated, 2011), as CCBCC "launches 25% (approximately 150) new products annually" (Coca-Cola Bottling Company Consolidated, 2011). Further evidence of CCBCC's success is its frequent mention by proponents of the CPFR system, for example: "Coca-Cola Company is leveraging retailers' POS data (e.g., Wal-Mart) to build customer analytical snapshots, including mobile iPad reporting, and enable the CPFR process in Supply Chain" (Kalakota, 2011); "Coca-Cola is one of the firms which has succeeded in integrating sustainable development into all the echelons of the supply chain" (Institute for Supply Chain Excellence - ISLI, 2010); and "Significant Payback Achieved by Coca-Cola" (Slideshare, Inc., 2008). In…. [read more]


Supply Chain at Ford Term Paper

… This makeover requires a remarkable modification for a lot of different functions inside Ford, and as the company progresses to realign its order fulfillment and development of new product processes, Ford hopes the logistics group to supply -- right, timely, precise and repeatable logistics cost estimates based on potential sourcing situations. An additional major expectation revolves around synchronizing inbound logistics with asynchronous material flow objectives and strategies within the manufacturing facilities which is a challenge that has deepened with the increased volumes of rail traffic which have been diverted to truck because of repeated deficiencies in service in the rail system of the country. Overcrowding at the manufacturing facility frequently destabilize the motive of the planner to have inbound trucks dump their materials at specific…. [read more]


Supply Chain the Importance Thesis

… Supply Chain

The importance of supply chain management is broadly acknowledged by many large companies for efficiency and cost-savings gains. However, particularly in today's economically challenged environment, few companies are focused on social responsibility areas they perceive as adding only to costs or at least not having as much of a positive return on investment as alternative opportunities related to direct bottom-line impacts. For example, frequent areas on hold include risk management to improve public safety and environmental sustainability. However, Dow Chemical is a notable exception and, for this reason, the company's supply chain management practice is frequently cited as an example of what other companies should strive to replicate.

On the risk management front, Dow Chemical has implemented a radio frequency identification (RFID)/sensor system…. [read more]


Supply Chains Companies Have Been Only Moderately Term Paper

… Supply Chains

Companies have been only moderately successful in implementing successful
supply chains. Describe in some depth two (no more) of the major obstacles
that you believe have inhibited success in building effective supply
chains. What (in your opinion) is the single most important action for
companies to take to assure success? Explain.

Of the many challenges that impede the ability of companies to successfully
implement their supply chains, the most difficult are transforming existing
supply chains into more lean and demand-driven, alleviating wasted
processes and time as a result. The second is the challenge of
globalization and its effects on a supply chains' ability to provide
accurate and responsive support to multiple manufacturing locations,
according to Mike Ledyard, Bill Keough (et.al.). The third most…. [read more]


Supply Chain Strategy Component Manufacturing Essay

… Still, another alternative is to look for new product innovation for replacement, which again, takes time.

Lowering prices to fight the competition can reduce profitability for competition, but could also affect profit margin for Replacement Components, Inc. At the same time. Adding supplier brands is an alternative, but could affect Replacement Components, Inc. sales on their own brands. Focusing on competitor weakness and concentrating sales in areas that competitors have weak sales is another alternative. Still, another alternative is to focus on continuous improvement in customer and representative relationships to build and maintain a deeper competitiveness.

Recommendations include looking for other suppliers, looking for new innovative products to continuously improve the product line, focusing on competitor weakness, and continuous improvement to eliminate waste in work…. [read more]


Leagility Supply Chain Design Term Paper

… Leagility

Supply Chain Design and Leagility

Leagility with regard to the supply chain may simply be defined as the ability of a supply chain design to maintain a balance of lean and agile supply chain practices during the course of productivity. Critical to this concept is the notion that a supplier must maintain a lean production schedule up to the decoupling point, followed by an agile one that responds and takes advantage of volatile market conditions thereafter.

A supply chain would have to take advantage of volatile markets with high demand for products that may or may not be stable in the long-term, after the decoupling point in production. Up until this point in time organizations would focus more on lean supply chain practices, which…. [read more]


Sony's Supply Chain Management Strategies Essay

… Conclusion

Sony's rapid pace of new product introductions and myriad of product and services strategies continue to give the company a competitive advantage in the high tech, entertainment, gaming and ancillary industries. The challenges for Sony going forward are to continually improve their supply chains for greater agility and time-to-market while increasing quality as well. The approach Sony has taken with regard to The Perfect order framework, heavy reliance on intellectual property (IP) and knowledge sharing all underscore a very metrics-driven organization. Results are immediately quantified and shared across the entire organization's, which further reinforces the strategies of supply chain optimization. What is unique about Sony relative to its competitors is the reliance on a knowledge sharing organization to further enhance and strengthen intellectual property…. [read more]


Whirlpool Whirl Pool Supply Chain Case Study

… The requirements of the new system were identified in collaboration with IT depart of the organizations. The system requirements and desired results were clearly communicated by the business management. These efforts revealed quantifiable results and improvements in business performance. The business performance results can be stated as following.

Business Performance Results:

The availability of products was increased from 83% to 93% which has gradually improved over the years to currently 97% as of today. The finished goods inventory was reduced yup to 20% as a result the cost associated with maintenance of finished inventory is also reduced. The cost of freight and warehouse is also minimized up to 5%. The cost of the project implementation however remains a secret. The implementation of i2 APS has…. [read more]


Supply Chain Challenges Essay

… "eBusiness AND THE SUPPY CHAIN Management." Business Intelligence Journal - July,( 2008) Vol.1 No.1

http://www.saycocorporativo.com/saycoUK/BIJ/journal/Vol1No1/article_4.pdf

Swaminathan, Jayashankar M. "Supply Chain Management" (2000).

Q2"IT should be considered as an integral part of the supply chain re-engineering process." Discuss this statement using appropriate references from the course module. Case studies or other source material.

Introduction

IT should be considered as an integral part of the supply chain re-engineering process. This is because its applications in the forms of e-business and e-commerce have revolutionized supply chain management by improving its efficiency and effectiveness and hence enabling companies the world over to streamline their operations in order to meet the demand and supply dynamics of their products and services.

E-Business and supply chain re-engineering

E-Business is the use of…. [read more]


Inventory and Supply Chain Management Case Study

… Inventory and Supply Chain Management: Coca-Cola's Approach to Collaborative, Planning, Forecasting & Replenishment Strategies

The significant accomplishments of the Coca-Cola Bottling Co. Consolidated in Charlotte, N.C. (CCBCC) clearly illustrates best practices in the areas of demand management, demand planning, strong sales & operations planning (S&OP) and collaborative planning, forecasting and replenishment (CPFR). The results are anchored in measurable results, further illustrating the accuracy, profitability and process gains the company has been able to achieve. In conjunction with these accomplishments, the CCBCC has also successfully developed a Demand Driven Supply Network (DDSN) that is capable of responding to unique order requirements in a fraction of the time possible with more traditionally designed systems and workflows. A DDSN is capable of working in conjunction with CPFR systems…. [read more]


Coca-Cola Supply Chain Management Essay

… This was supposed to integrate mobile solutions that were meant to enhance and support these lines of businesses. The software was to leverage the integrated solutions of mySAPTM business suite. With this software, there was to be some sort of interaction between field sales and inside sales and logistics functions. The software was also to reduce associated costs and enhance customer service.

Coca-Cola decided to implement SAP to get more information at the store and account level to help it improve its retail customer relationships. With the software, cash settlements were to be made promptly and properly. Implementation of the System Application Process was also intended to reduce the potential for unwanted deliveries and initiate time and cost savings to drive up revenues by replacing…. [read more]


Role of Supply Chain Management Essay

… In addition to the top management support, each department of the organization must be committed to the cause because it requires a cross functional effort. A significant amount of financial resources is also required in the initial stages of the implementation of JIT inventory. The transition phase can be a tough period for the organization and the organization must be willing to give time to the new system. Commitment and Trust play a vital role between the customer and the supplier. Our product must use Justin Time inventory. The reason for using this approach is that the product does not have a stable demand. Therefore it will help in reducing a lot of inventory handling costs and will also allow the customers to make the…. [read more]


Operations Management Our Supply Chain Essay

… " This begins at the design stage. Our engineers spend months living out of their hotel rooms in order to be close to the suppliers and manufacturers helping to tweak the industrial processes that translate the prototypes into mass produced devices. Our designers also work with the suppliers to create new tooling equipment. Our decision to focus on a few product lines and to do little in the way of customization also gives us some competitive advantage. Every part of our business is aligned to our unified strategy.

Some of the internal processes that are unique to our company is: worker mentality, the corporate culture, and the launch events. Our company thrives on a culture that: "spend exorbitantly wherever necessary and reap the benefits from…. [read more]


Supply Chain Management Hypothesis Thesis

… It requires the total dedication from organization within which it SCM implementation is being planned. SCM "expands the scope of the organization being managed beyond the enterprise level to include interorganizational relationships." (Strader et al., 1999)

Supply chain depends heavily on the relationships that organizations can develop and sustain through personal interactions and using the latest technology. Earlier studies in SCM focused on identifying the supply chain network (SCN) developed by organizations. Later, studies focused on supply chain demands, supply chain operation and information sharing. In the present organizational environment, competitive advantages are not just single company or organization-based. Rather, they are supply chain based. (Muralidharan et al., 2002)

There are many independent models within the SCM methodology. Each of these deserve discussion. Some of…. [read more]


Operations Management Supply Chain Essay

… Increasing revenues, reducing costs and improving the financial performance of Dell was accomplished by managing to metrics and KPIs in each of these three strategic areas (Kapuscinski, Zhang, Carbonneau, Moore, Reeves, 2004). The implications on long-term sales productivity were also immediate an initially unforeseen by Dell, as they anticipated build-to-order coordination to only impact their supply chains. Instead, the build-to-order production processes made it possible for sales teams calling on enterprise accounts to be more effective and productive, selling more customized servers and networks than competitors by a wide margin. The net effect of these advances in the Dell business model driven primarily by their selection of build-to-order selling, supply chain and fulfillment strategies over time drastically improved efficiency. The results of these investments over…. [read more]


SCM Supply Chain Management Essay

… SCM

Supply chain management is an extremely important aspect of business management. The implementation of the proper supply chain can spell the success or failure of a business. The purpose of this discussion is to describe and evaluate the current system for supplier assessment, selection and evaluation. Discuss how the system could be improved. Particular attention should be given to the role of supplier certification in the system. The actual and potential use and benefits of the ISO 9000 family of standards in the supplier certification will also be discussed.

Quality Management

According to Powell (1995) Total Quality Management is defined as "an integrated management philosophy and set of practices that emphasizes, among other things, continuous improvement, meeting customers' requirements, reducing rework, long- range thinking,…. [read more]

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