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Supply Chain Management Strategies Research Paper

… Supply Chain Management Strategies

Supply Chain Management -

There are several reasons that explain Johnson & Johnson's children's medicines recall. However, the primary causes that led to these product recall campaigns are represented by concerns regarding health and safety of consumers.

Some of the causes that led to product recall at Johnson & Johnson are traced in the manufacturing process. A series of errors that occurred during the manufacturing process determined several deficiencies to emerge and affect the quality of the products. The medicines in case presented poor quality in comparison with the quality standards they should have reached, and they reported problems regarding their purity and potency.

Consumers that purchased these products reported that they had unusual consistency and smell. But the problems with…. [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 Purchase Strategies That Increase Accountability Term Paper

… Supply Chain Purchase Strategies That Increase Accountability of Requirements for Commercial Off the Shelf X-ray Equipment at Army Medical

Hospitals

Supply Chain Purchase Strategies that Increase Accountability of Requirements for Commercial Off-the-Shelf X-Ray Equipment at Army Medical Hospitals

Effective supply chain management practices have received a great deal of attention in recent years, but the problems associated with supply chain management are certainly not new. Indeed, as General George Washington's experiences at Valley Forge in 1777-1778 prove, provisioning a military force in the field carries with it some unique and profound challenges, and the U.S. Army has a long history of overcoming these obstacles to ensure that its troops are provided with the materiel they need to achieve their respective missions. Today, the U.S. Army…. [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]


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]


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]


Supply Chain the Current State Term Paper

… Such efforts allow an organization to retrieve complex and valuable data. Case in point, was the September 11 attack on the World Trade Center, financial institutions were able to retrieve data because the information was stored at another location. In addition, to mitigate risk in supply chain is to protect intellectual property. Organizations have now risen in their requests for intellectual property protection by way of acquiring patents, trademarks and copyrights. "Companies can mitigate intellectual property risk by bringing, or keeping, some production in-house, or at least under direct company control." (Chopra, & Sodhi, 2004) These efforts of intellectual property protection help for maintaining competitive edge, and preventing future long-term implications on competitive designs (Chopra, & Sodhi, 2004).

Conclusion

Overall, supply chain management is dependent…. [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 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 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]


Supply Chain Management Essay

… Supply Chain Management

The concept of the supply chain has enjoyed a large amount of attention in the business world, especially during the current economic crisis. In many ways, the supply chain can either make or break a business. It is therefore important to maintain a healthy supply chain in order to finally result in satisfied customers and a good bottom line for the company. The supply chain implies all the entities involved in the process ranging from raw material extraction to the final product bought by the customer. Some theorists go as far as including the "supplier of the supplier" and the "customer of the customer."

Supply chain constraints and optimization are important concepts when considering ways of improving lead and delivery times, as…. [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]


Supply Chain Design Executive Summary Essay

… Still, in order to capitalize on these potential benefits, it is imperative for the company to design and manufacture products which respond to the complex needs of the customers. Specifically, from the identification of baseline data, it is important to note the following design criteria:

Safety of usage, for both the child as well as the adult user

Guarantee of quality

Ability to perform the initially stated function

In this order of ideas, when creating the design for the two items, the company has to ensure that the products are safe for the usage of the children (mostly revealed at the level of the mattress, which has to ensure a safe, comfortable and correct sleeping position) as well as for the usage of the adults…. [read more]


Supply Chain Management Purchasing Research Paper

… There are many considerations besides price that should be considered when selecting suppliers. For instance, if a supply is cheap, but when the product arrives is not found to be of acceptable quality to be useful, this is not only wasted money, but wasted time as well. The supplier then is in the position of having to find a substitute product and is under a tighter time schedule than if the first supplier had been the right supplier. Product will have to be rejected and shipped back, often causing additional cost and delay. Quality is a major consideration in the selection of a supplier.

How the supplier operates internally and their ability to deliver the right product at the right time is also an important…. [read more]


Supply Chain Management Case Study

… Supply Chain Management

Over the last several years, Apple has been dominating the cell phone market with their popular selling I Phone. However, for a short while the Motorola Razor would challenge the I Phone for dominance. Then, the company would be left behind, as Apple would make innovations that were difficult to keep pace with. This would cause Motorola to face various challenges going forward, as sales would decline and the company would have trouble finding products that are popular with consumers. (Reardon, 2010) as a result, Motorola has embarked on a bold new initiative to implement a new phone that can challenge Apple once again. To understand the different aspects of this project requires examining the specifications for the phone. This will be…. [read more]


Supply/Demand the Product Being Studied Essay

… If demand is lower than expected, these companies must then cut prices in order to move this inventory, which at that point is already a sunk cost that must be recovered.

In general, auto manufacturers are focused on building brands that sell in high volumes. This allows them to enjoy production economies of scale. Brands that do not sell high volumes need to be priced at a higher level. Initially, the Prius was priced at a high level, but over time as demand has increased the price has fallen. This is because the fixed costs associated with producing the Prius can be spread out over a greater number of vehicles sold.

At present, the demand conditions for the Prius are high. This means that Toyota…. [read more]


Strategy and Decision Making Vision Term Paper

… The company engages in regular surveys thus obtaining direct complaints and compliments form customers. This is critical for improving the products and services offered by WAL-Mart stores (Power, 2010).

How Wal-Mart's strategy achieved competitive advantage

With the help of Sam Walton, Wal-Mart applied a strategy to attain a competitive advantage in the industry. Sam Walton has strong planning skills. Their products are much cheaper than those offered by competitors are. The stores have organized brands in a concise and clear manner. Any employee or manager can press a button at any time on their computer and view everything that is on the shelves, what needs to be replaced, and what has been sold. The company is leading in the industry. It is clear that Wal-Mart…. [read more]


Supply Chain Integration Standards Case Study

… al. 2011). Analysis of the effects of government-defined supply chain standards in highly regulated industries illustrate the value of these uniform standards in including enterprise quality management and compliance for regulated industries (Li, Su, Chen, 2011).

With so many potential benefits to a unified, consistent series of standards for supply chain performance, their measurement can be accomplished using two well-known and heavily used frameworks in supply chain planning and management, the supply-chain operations reference-model (SCOR) (Li, Su, Chen, 2011) and the hierarchy of supply chain metrics first defined by AMR Research (Hofman, 2004). These two frameworks taken together can be used to clearly show the contributions of a more consistent and unified series of supply chain integration standards. The SCOR Model graphically illustrates the additive…. [read more]


Collaboration in Supply Chain Essay

… to the customer's collaboration helps in the reduction of inventory. With collaboration there will be very minimal inventory to the customers. This is because there are few people who are involved as some of the services or people involved have come together hence reduced inventory. Reduced inventory also applies to the material suppliers. With a few number of people involved in the supply chain as a result of collaboration then there will be reduced inventory in the suppliers of materials within the supply chain. For the service suppliers due to the reduced number of people and inventory there will also be a reduced cost in freight.

Collaboration also helps in reducing the warehousing costs. Warehousing costs can go very high when there is no collaboration…. [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 Management Increasingly Positioned Essay

… , 2012). Its financial evolution in the past years is important in the context of the internationalised economic crisis. Specifically, as players in the business community were downsizing, reducing their operations or even going bankrupt, Tesco continued to develop its operations and consolidate its leadership position.

The success of the British retailer is based on a wide array of elements, revolving mostly around a powerful managerial and business model. As part of this model, one should also pin point to the strategies implemented in regard to Supply Chain Management.

Tesco's Supply Chain is a separate construction, wholly owned and operated by the firm. In other words, the company has its own distribution system and network, and the risks posed from the existence of other players…. [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 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]


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]


Lot of Benefits of Supply Book Report

… They may need to spend more to bring goods in at the last minute, compared with having them ordered ahead of time. If shortages are chronic, it is likely that a competitor will win some of this market share. The result for the company with the shortages is that it could see a decline in its market share over the long run. This leads to revenue declines as well as it loses customers.

It is also possible that a lack of integration will cost the company in its relationships with suppliers. Suppliers like to have certainty just as much as customers do. What happens when there is a lack of integration is a mismatch between orders and demand. So that means there are going to…. [read more]


How Can We Improve Supply Chain Relationships? Research Paper

… Supply Chain Management

Supply Chain Relationships

There has been a huge paradigm shift in the way that modern companies compete, and that is that they no longer just compete as autonomous entities, but rather as supply chains

This means that businesses are a part of an extremely competitive market and the success of any given company is dependent upon management's capability when it comes to integrating the businesses' intricate network of business relationships. Because there is major competition for customers, companies may need to change the way that their supply chain is operating and thus a change needs to come in the way that it is managed. For change to occur, communication is vital, and for communication to occur, people must be willing to work…. [read more]


Business-Level and Corporate-Level Strategies: Nestle Research Paper

… In order to maintain its market share and customer base, Nestle has to consider all these competitive environmental forces while designing and implementing its strategies. On the whole, Nestle is more competitive in its differentiation strategy while Unilever has achieved cost leadership in most of its product categories.

Performance in the Slow-Cycle and Fast Cycle Markets

Nestle and Unilever are equally competitive firms in the foods, beverages, and personal care products manufacturing industry. They possess strong financial position, brand loyalty, and large customer base which can help them survive and compete in all types of market conditions. The cost leadership strategy of Unilever can give it a competitive advantage in both slow cycle and fast cycle markets (Paley, 2006). On the other hand, the differentiation…. [read more]


Strategy Development a Directional Essay

… Management therefore needs to be very efficient. A look at different cost leaders highlights that there are many different ways to achieve this, and it is not just about cutting costs.

Wal-Mart succeeds as a cost leader because it invests heavily in distribution and logistics. The company has become a leader in the field and the result is that it holds inventory for a relatively short period, and invests less in warehousing space than competitors. This allows it to have goods in stores ready to be sold, rather than in warehouses or on trucks. But it is a leader in the field because of its thinking on the subject and its investments in technology. Another cost leader is Costco, and they pay their workers high…. [read more]


Airbus Corporate Strategy Business Level Essay

… The market for FMCGS, telecom and IT are basically fast cycle markets. These products and services are produced, sold and consumed rapidly. The tastes for these products are developed easily and when new theology emerges the tastes change quickly too. On the other hand, the heavy investment markets do not produce designs so quickly (Nandakumar, Ghobadian, and O'Regan, 2010). The aircraft, automobile, railway and other heavy industry markets are slow cycle businesses because the product design and manufacturing is slow. The tastes develop with time and also do not change very easily. The players in slow cycle markets like Airbus, Boeing, Toyota, Honda, Caterpillar etc. face different type of market situation. The competition in these industries is highly challenging. It requires heavy investment and expert…. [read more]


Chase Strategy Planning Essay

… Indeed, numerous sources of information have revealed the fact that that chase strategy is mostly used by companies in the service sector, as the demand pattern fluctuates and does not remain stable all round the year. Nevertheless, various other industries that include manufacturing, automobile, fast food industry, and so on also adopt this strategy (Gaspar, 2005).

Considering the automobile industry, the automobiles cannot be hoarded for a very long time because they have a low depreciation time, high cost of warehousing, low obsolete time, constant change in design, and so on. Therefore, companies like Ford, GM, and Hyundai (Gaspar, 2005) are extensively using chase strategy that focuses on manufacturing the products (automobile) to meet the demand levels of the customers. Taking into account, the fast…. [read more]

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