acquisition process. (need to advertisement‚but competitive is very differcult) l. Ensure supply continuity. (if competitive bidding‚ price high‚ supplier will leave) 4. When compared with single sourcing‚ multiple sourcing -> (lower risk)has the advantage of: dual and cross also double supplier‚ -dual is 2 different supplier to support same product. Cross is the supplier supply A‚ also need to supply B at the same time. m. spreading risk. n. volume leveraging. o. lower
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3.2 Supply chain industry A company’s supply chain is its central nervous system for how it creates and distributes a product. The industry is made up of the key players who participate in this process‚ including manufacturers‚ wholesalers or distributors‚ retailers and transportation companies. There are three main areas of a company’s supply chain. They include: (Refer to the Picture below) * Procurement or the “buying” process. This includes the purchasing of the raw materials needed to
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ZARA: Responsive‚ High-Speed‚ Affordable Fashion 1.What is Zara’s value proposition? How does it differ from its competitors? Zara’s value proposition is ‘low-cost but high fashion’ together with the opportunity of having a new piece of clothing considered as ‘unique’ -that won’t be in the shop for more than 2 or 3 weeks. On short‚ as well the title of this paper states: ‘Responsive‚ High speed‚ Affordable fashion’. Stores are managed as small business‚ vertical communication and supply chain
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College the right to‚ free of charge‚ make the thesis available for electronic publication: yes no Is there an agreement of confidentiality? yes no yes no (A supplementary confidentiality agreement must be filled in) - If yes: Can the thesis be online published when the period of confidentiality is expired? Date: 21.11.2010 2 Contents TABLE OF FIGURES ...................................................................................................................
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1. The success of Galanz is mainly the result of adopting different competitive strategy and operations strategy under different internal and external situation. From the perspective of competitive strategy‚ first Mr. Liang took the overall cost leadership strategy. As he well understood the competitive edge of his company was offering cheap labor and cheap land‚ he offered a very low price to the customers. By doing that‚ Galanz beat the competitors away as they could not make big profit and
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Initial idea: Offer affordable sports equipment for children Products: − Used (second-hand) products − Surplus equipment from manufacturers and retailers Current situation (December 2007): − Demand has been growing steadily over the last years − The products are distributed to the U.S. customers through a single (and small) warehouse in St. Louis − The warehouse is leased on a year-to-year basis − The current network design‚ in particular the distribution network and warehouse
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issn=19369735&issue=v2i1-4&article=28_getmom Week 2 1. Chopra & Meindl Chapters4‚ 10 2. Fisher‚ M. L. (1997). What is the right supply chain for your product? Harvard Business Review‚ 75(2)‚ 105-116. http://ezproxy.libraries.wright.edu:2048/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=9705150574&site=ehost-live 3. Lee‚ H. L. (2004). The triple-a supply chain. Harvard Business Review‚ 82(10)‚ 102-112. http://ezproxy.libraries.wright.edu:2048/login?url=http://search
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What Drives Supply Chain Excellence? A Look Back and a Look Forward A Closer Look at Supply Chain Excellence and Progress Over the Last Decade 2/15/2013 By Lora Cecere and Abby Mayer Supply Chain Insights LLC Contents Research ........................................................................................................................................................... 3 Disclosure..............................................................................................
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INTRODUCTION OF SUPPLY CHAIN MANAGEMENT Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚ Internet‚ and overnight delivery)‚ has motivated the continuous evolution of the supply chain and of the
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Supply Chain Management Adel Abou Heneidy Learning objectives To develop understanding of the following key areas and their interrelationships: * Basic concepts of logistics and supply chain management * The strategic role of a supply chain * The key strategic drivers of supply chain performance * Analytic methodologies for supply chain analysis 2 Supply Chain Management Adel Abou Heneidy Highlights: • • • • • • • • Understanding the Supply Chain Supply Chain performance: achieving strategic
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