A. Analyze whether a Keiretsu network‚ a virtual company‚ a vertical integration‚ or a different supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own stakes in one another as a means of mutual security‚ especially in Japan‚ and usually including large manufacturers and their suppliers of raw materials and components. There are two types of keiretsu: vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a company
Premium Supply chain management Inventory Manufacturing
1 How can postponement of product differentiation be used to improve supply chain profitability? Postponement‚ also known as "delayed differentiation‚" is a supply chain strategy that delays product differentiation at a point closer to the customer. This involves designing and developing standard or generic configurable products that can be customized quickly and inexpensively once actual consumer demand is known. Postponement also entails the implementation of specific inventory strategies to deploy
Premium Inventory Supply chain management Customer service
Value Chain Analysis By Ovidijus Jurevicius | 25.04.2013 Definition “Value chain analysis (VCA) is a process where a firm identifies its primary and support activities that add value to its final product and then analyze these activities to reduce costs or increase differentiation.” “Value chain represents the internal activities a firm engages in when transforming inputs into outputs.” Understanding the tool VCA is a strategy tool used to analyze internal firm activities. Its goal is to recognize
Premium Value chain Costs
Supply chain of Renault When we look at the supply chain of Renault it does not differ much from other car manufacturers. The making of a car starts with the design of the chassis‚ which is done by the designing department of Renault. When the design is approved‚ a concept car must be produced to check the feasibility of the car. When the concept car has proven feasible the real process in the supply chain begins. Renaults owns plants where the certain car is produced. In order to manufacture
Premium Renault Automobile
..................................................................... 5 3 Data analysis Hamburg – BSR ................................................................... 7 4 Stakeholders in the (empty) container maritime transport chain .................... 16 5 Processes in empty container logistics ..................................................... 21 6 Perspectives of different stakeholders ..................................................... 34 7 Summary
Premium Containerization Port
Chapter 4: Supply Chain Management at Durham International Manufacturing Company (DIMCO) 1. Briefly describe DIMCOs supply chain: DIMCO has a traditional or basic supply chain with all activities directed at delivering a finished product to customers. DIMCO uses 1350 components which are sourced from 375 suppliers. • The finished goods go to a central warehouse; • From the Central warehouse the finished goods go to regional distribution centers: 6 domestic and 4 international (outside the United
Premium Supply chain management Inventory Customer
Reverse flow Transportation flow Information flow Production/storage Logistic Process Figure: Logistic Framework The figure above shows the logistic process how it works from raw material to end user. Logistics is one of the main functions within a company. Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves
Premium Supply chain management Hamburger Supply chain
QUESTION Michael Porter’s value chain analysis describes how particular resource categories contribute to the firm’s strategic performance. Demonstrate how this can be done using examples from an organization of your choice. INTRODUCTION Michael Porter introduced the value chain analysis concept in his 1985 book the Competitive Advantage. Porter suggested that activities within an organization add value to the service and products that the organization produces and all these activities should be
Premium Michael Porter Bottle Strategic management
Q1a. What is Demand Chain Challenges ? At present‚ there appear to be four main challenges to progress in transforming Demand Chains and making them faster‚ leaner and better: Linking Demand and Supply Chains Demand Chain Information Systems Demand Chain Process Re-Engineering\ Demand chain budget segmentation‚ targeting and optimization Linking demand and supply chains The core problem from the supply chain perspective is getting good demand plans and forecasts from the people driving demand: marketing
Premium Supply chain management Supply chain Supply and demand
previously been a family run business‚ and following the death of the founder and CEO‚ family members decided to sell the enterprise. Vonkel saw the potential for this business and purchased it‚ with intentions of improving supply chain performance. The domestic supply chain involves inbound shipments of raw materials from a number of small suppliers to a manufacturing location in Pretoria. Once the jewelry has been created‚ shipments are sent through a transportation intermediary to retail stores in
Premium Diamond Supply chain management