Topic: Demand Driven MRP 21st Century Supply Chains Require New Demand Driven Rules and Tools A white paper by the Demand Driven Institute April 2011 www.demanddriveninstitute.com The Demand Driven Institute (DDI) was founded by Carol Ptak and Chad Smith‚ co‐authors of Orlicky’s Material Requirements Planning‚ Third Revised Edition in order to proliferate and further develop demand driven strategy and tactics in industry to enable a company to transform from “push and promote” to
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what is supply chain management? Supply Chain Management is the strategic management and coordination of all traditional business functions within the supply chain‚ with the goal of increasing long-term performance and striving for customer satisfaction at the end point of delivery. Supply Chain Management is a cross-function approach that includes managing the movement of raw materials into the organisation‚ internal processing of materials into finished products‚ and the movement of finished
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"A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials‚ transformation of these materials into intermediate and finished products‚ and the distribution of these finished products to customers." Ganeshan and Harrison Supply chain provides a vital link between suppliers and customers. It involves meeting customers’ requirements in terms of time‚ quality and quantity. It helps to optimize design‚ planning‚ production‚ delivery of
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3 key Supply Chain Metrics Selecting the Key Metrics Selecting the key metrics to measure performance a long the supply chain can be crucial‚ as clear connections have to be made between the metrics and the business goals in order for the business to achieve the results they are looking for and also to achieve growth within the market place. Management should identify the key performance indicators they need to focus on‚ measuring these indicators can help them in reaching the company’s goals
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Table of Contents Introduction Supply Chain Management is the process of planning‚ implementing‚ and controlling the operations of supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials‚ work-in-process inventory‚ and finished goods from point-of-origin to point-of-consumption. It is a cross functional approach to managing the movement of raw materials into an organization and the movement
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Fall 11 The Food Industry MGT 440 Research paper about the supply chain management in the food industry Alexane COLOMBET 08 Automne Sources 1 – “The cold chain and its logistics” DR. Jean Paul Rodrigue http://people.hofstra.edu/geotrans/eng/ch5en/appl5en/ch5a5en.html 2- “Inventory control”‚ Columbus IT http://www.columbusit.com/citp-hq---food/food/inventory-control.aspx 3- “How to Manage food inventory” http://www.ehow.com/how_6511166_manage-food-inventory
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allowed the company to grow aggressively and expand into 9 different countries as early as 1920. Coca-Cola’s “System” is a very unique approach to supply chain and distribution management. The company leveraged the success of its bottler systems to expand throughout the world quickly and with limited penetration issues. Coca-Cola’s supply chain includes partnerships with over 275 bottlers worldwide. This system allows them to operate globally but think locally. Coke generally manufactures and
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Transportation: Critical Link In The Supply Chain Study Questions 1. What are the major forces or external factors that have impacted our economy during the latter part of the 20th centuries? How have each of these factors influenced companies as well as their respective supply chains? Which of these factors do you feel is the most important for a computer company? Why? In the 21st century‚ transportation systems will face significant challenges and problems because of global environment
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Q4. How can accountability be better managed in long‚ global supply chains? Accountability “Accountability traditionally meant writing favourable terms into a contract‚ monitoring vendor performance and then working with the supplier to uphold its obligations” (www.ey.com) While these terms are very important‚ leading organisations have found that in the supply chain‚ every sector needs to be addressed and accountability must be incorporated into every level‚ from supplier to customer. Negotiating
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ILLUSTRATIVE REAL WORLD CASES REAL WORLD CASE 1: HOW DELL IS MANAGING ITS SUPPLY CHAIN http://wps.prenhall.com/wps/media/objects/2519/2580469/images/Realworldcase1.html The Problem Michael Dell started his business as a student from his university dorm by using a mail-order approach to selling PCs. This changed the manner in which PCs were sold. The customer did not have to come to a store to buy a computer‚ and Dell was able to customize the computer to the specifications of the customer. The
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