1.1 Introduction Supply chain management‚ is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Supply chain activities cover everything from product development‚ sourcing‚ production‚ and logistics‚ as well as the information systems needed to coordinate these activities. Figure 1
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environment SUPPLY CHAIN MANAGEMENT: A supply chain is the process of moving goods from the customer order through the raw materials stage. All organizations have supply chains of varying degrees‚ depending upon the size of the organization and the type of product manufactured. These networks obtain supplies and components‚ change these materials into finished products and then distribute them to the customer. Managing the chains of events in this process is what is known as supply chain management
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What are the risks of an extended supply chain? In order to remain competitive‚ a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However‚ there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry. A company is exposed
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SUPPLY CHAIN MANAGEMENT: IMPLICATIONS FOR SMALL AND RURAL SUPPLIERS AND MANUFACTURERS Christy Geiger Joel Honeyman Frank Dooley Upper Great Plains Transportation Institute North Dakota State University Fargo‚ ND 58105 March 1997 Disclaimer The contents of this report reflect the views of the authors‚ who are responsible for the facts and the accuracy of the information presented herein. This document is disseminated under the sponsorship of the Department of Transportation‚
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a result‚ she has $120‚000 available to invest. Given the recent rise in the stock market‚ she feels that she should invest all of this amount there. She has researched the market and has decided that she wants to invest in an index fund tied to S&P stocks and in an Internet stock fund. However‚ she is very concerned about the volatile of Internet stocks. Therefore‚ she wants to balance her risk to some degree. She has decided to select an index fund from Shield Securities and an Internet
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iDesigning and Managing the Supply Chain David Simchi-Levi Philip Kaminsky Edith Simchi-Levi Solutions for Discussion Questions1 Kerem B¨lb¨l u u 1 We would like to thank Shiming Deng for his valuable contributions to the preparation of this manual. Chapter 1 Introduction to Supply Chain Management Discussion Questions Question 1 Pick any car model manufactured by a domestic auto maker. For example‚ consider the 2002 Ford Thunderbird. a. The supply chain for a car typically includes
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· EVA Manufacturing flow management. 1. Increasing sales: Obtain repeat business Increase product availability Provide desired product features for example‚ better manufacturing flow mgt can result in higher sales and healthier margins through consistent availability of products that meet customers’ specific needs. 2. Reduce cost of good sold: reduce direct labor and materials
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A Slower Rise for the Renminbi The Chinese government kept its currency from appreciating during the financial crisis but allowed it to rise in 2010‚ to the satisfaction of the Obama administration and American exporters. Recently‚ however‚ China has been holding back on the pace of the appreciation. Related Article » The pace of appreciation of the Chinese currency against the dollar has slowed in the last year‚ ensuring that China’s manipulation of its exchange rate remains a central topic
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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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SUPPLY CHAIN UPPLY HAIN MANAGEMENT ANAGEMENT Report produced for the EC funded project INNOREGIO: dissemination of innovation and knowledge management techniques Sotiris Zigiaris‚ MSc‚ BPR engineer by BPR HELLAS SA J A N U A R Y 2 0 0 0 SUPPLY CHAIN MANAGEMENT 1 Contents 1 1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.2 Description What is the Supply Chain Management (SCM) What is the importance of Supply Chain Management Supply Chain Management Today Supply Chain Management Tomorrow
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