Chapter 2 Conceptual Frameworks for Supply Chain Management No great discovery was ever made without a bold guess. Isaac Newton 2.1 Agile‚ Flexible and Responsive Supply Chains To ensure long-term competitiveness and survival‚ companies implement new strategies‚ based on collaboration with business partners and an advanced utilization of IT and Web services (Geunes et al. 2002). Various competitive strategies of agile‚ responsive and flexible SCs have been developed over the last decade
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its own business models‚ its strategic relevance to improve the bottom line of their business. The collected data deal encompasses all the three element of SCM: Demand‚ Supply and the Inventory management. The data includes but is not limited to the innovative measure taken by these industry leaders to cut cost in all three major area of SCM‚ Supply‚ Demand and Inventory management‚ the percentage cost allocation of these three into their total business operation and the industrial landscape comparison
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Study of various strategies and policies Followed by Amul ACKNOWLEDGEMENT “Experience is the best teacher” This is what we have been hearing from long but
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SCM IN BANKING SECTOR 1 PRESENTATION FLOW Service Industry – Features SCM in Service Industry Banking Industry – Overview Problem Statement Objectives for FY2010 Retail Banking (Liquidity and Credit Management) Credit Card Delivery Mechanism Corporate Banking HNI Banking 2 UNIQUE FEATURES OF SERVICE INDUSTRY The customer – a participant in the service process Simultaneous production and consumption Perishability Limited Scale Economies Labor Intensiveness
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ACI’s retail arm Swapno is probably among the biggest ever marketing failures in the marketing history of Bangladesh. The only comparable event (in terms of investment and withdrawal) that comes in my mind is the launching and withdrawal of Rothmans of BATB. ACI spent huge money on infrastructure and branding and created a lot of buzz but awfully failed to attract traffic and generate fat. The reasons for this less than expected performance fall in two categories– operational issues and theoretical
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References and bibliography ANKLESARIA J‚ 2008. Supply chain cost management the aim & drive_ process for achieving extraordinary results. American Management Association. ARLBJØRN JS et al‚ 2010. Supply chain management – sources for competitive advantages. Académica. AYERS JB. Handbook of supply chain management. CRC Press LLC. BARROS ACMCO‚ 2011. Metodologias para a selecção de práticas específicas para a gestão de cadeias de abastecimento (PhD Thesis). IST
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waste and cost‚ thus to maximize the customer satisfaction in forward and Reverse flow‚ accordingly it is suffice to say that it can be considered one of the most important component in the Country’s economic system. 2- Due to technical problems‚ Toyota had recalled various models of their cars in the international market. This in return had a severe impact on their strategic and operational thinking and planning. From a logistics management perspective‚ describe how the logistics function
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strategies. (1) means that the customer can order a computer in a specific specifications from Dell and the company will satisfy him/her. Dell has been known for a long time in its distinguished supply chain among all competitive companies. But they had a problem which was HP company “One of the most important benefits of Dell’s direct supply chain model is product configuration just prior to shipment” (2) which reduces the cost of warehousing for Dell and its suppliers‚ also reduces the damages that can happen
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between logistics and SCM. Four perspectives: traditionalist ‚ relabelling ‚ unionist ‚ inter-sectionist The result of an international survey of logistics / SCM experts are reported. For logistics educators‚ researchers and practitioners Four unique perspectives – Traditionalist SCM is one small part of logistics. Four unique perspectives – Traditionalist Educators can easily accomplish this by adding a SCM lecture to the logistics management course‚ or by inserting a SCM chapter into a logistics
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Question No. 1. Write Short Notes on: 1. Materials Requirement Planning Material Requirements Planning (MRP) is a computer-based production planning and inventorycontrol system. MRP is concerned with both production scheduling and inventory control. It isa material control system that attempts to keep adequate inventory levels to assure that requiredmaterials are available when needed. MRP is applicable in situations of multiple items with complexbills of materials. MRP is not useful for
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