Technology Management Case Study Summary

Good Essays
1) Make or buy strategy decision making in supply quality chain
The increasing number of competitors both in local and international market forces the organisations to develop various market strategies especially in creating and capturing customer’s loyalty. One of way is through improvement of supply chain. Consequently, to reduce cost and improve service levels, effective supply chain strategies must take into account the interactions at the various levels in the supply chain. ‘Make’ or ‘Buy’ decision can be seen in supplier selection process. In journal studies the effective strategy ‘Make’ or ‘Buy’ should be adapt to minimize the total costs of supply chain. ‘Make’ decision refers to the condition in that supply chain aims at integrating plant and supplier operations, controlling supplier quality, considering lead time, transportation, and warehousing costs. ‘Buy’ decision refers to condition in that lack of insourcing dexterity can be seen.
The author generated two different cases that follow different strategic decisions two-echelon supply chain design and supplier selection strategic and solved with few examples respectively. A special model is separately formulated for each case. The difference among the models is in their supply strategy of supply chain Computational experiments carried out show the efficiency of the proposed models for making decision about selecting the best strategy. In this paper, two different cases are defined and modelled by considering ‘Make’ or ‘Buy’ strategy, which deals with strategic decisions of making or buying. First case the outsourcing suppliers are chosen for providing all raw materials, Buy decision. Second case the insourcing suppliers are chosen for providing all raw materials, Make decision. A supply chain has a three manufacturing plants that produces a product, which is composed of three raw materials. These three raw materials are supplied by six potential suppliers of whom only two suppliers are chosen. The

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Management and Case Study

    • 1146 Words
    • 5 Pages

    More Eastern Gear Inc Case Study Essays and Term Papers Search Advanced Search Documents 21 - 40 of 1000 Case Study on Google Competitive Strategy Assessment 2 Case Study Google Inc. INTRODUCTION This Business Report primarily addresses 4 questions asked on the Google Inc. case study. Information is primarily obtained from the case study and from publicly available news reports and articles Premium1265 Words6 Pages Case Study Analysis ABC INC., Case Study Introduction Although the whole…

    • 1146 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Technology Management

    • 3261 Words
    • 13 Pages

    UNIVERSITY CAMPUS MILTON KEYNES STRATEGIC TECHNOLOGY MANAGEMENT (BSS028-6) GROUP ASSIGNMENT Submitted by: Seemant Gupta (1317911) Victor Pepple (1314189) Shoaib Khalid (1316594) Yusuf Isa (1316781) CONTENTS 1.0 INTRODUCTION.......................................................................................3 2.0 FRACKING TECHNOLOGY.....................................................................3 3.0 FRACKING…

    • 3261 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Agilent Technologies Case Study Business Objective: The IT philosophy of Agilent is to conduct its business on-line, in real time using the internet and the state of the art technology currently available in the market, with the objective of being an efficient enterprise. The primary objective of any organization is to increase revenue and decrease cost simultaneously. It is to be kept in mind, that due to the rapid changes in technology, an IT investment cannot be planned for more than 5…

    • 379 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Technology Management

    • 4842 Words
    • 20 Pages

    Technology Management and Innovation (MRC 1113) SEM II 2011/2012 ------------------------------------------------- Individual Assignment ------------------------------------------------- Retort Technology in Malaysian Food Industry: Can it be a Competitive Weapon Lecturer: Assoc. Prof. Dr. Wan Khairuzzaman Wan Ismail Submission Date: May 13, 2012 Submitted By: Nazifa Bte Abd. Ghani (MR 111037) International Business School University Technology Malaysia May , 2012…

    • 4842 Words
    • 20 Pages
    Best Essays
  • Satisfactory Essays

    Management and Case Study

    • 427 Words
    • 2 Pages

    CASE STUDY : INDIVIDUAL ASSIGNMENT(10%) Instructions: 1. Answer all questions 2. The format of the paper should be as follows: * A cover page with your details – Name, Student ID and Sections ( as registered). * Font: Times New Roman, size 12 with 1.5 spacing, justified. 3. No more than TWO (2) number of pages (font 12, Arial, 1.5 spacing) 4. Email the answer to raemah@umtech.edu.my (kindly adhere to the deadlines given) CASE STUDY 1: ZIPCAR: INFLUENCING…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Report Akamai Technologies 6/20/2010 Problems: In 2001, Akamai Technologies was faced with decreasing revenue and an economic recession. In order to grow and remain a strategic asset to its partners, Akamai has been challenged with the expansion of the internet as well as a choice to move away from a content delivery network (CDN). Problems Akamai is faced with over internet performance include fast technical growth such as file sharing and streaming media, reliability of services…

    • 576 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Management of Technology

    • 762 Words
    • 4 Pages

    Management of Technology in Marketing Perspective 1. Introduction Management of Technology (MOT) is defined as a field of Study that deals with the production of humane activities and social activities linked with innovation, creation and development of new technology. The evolving global business environment requires leaders capable of managing the latest advances in technology. Inventions, whether they come from industry, high-tech, or other sectors, must be nurtured and carefully guided to the…

    • 762 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    About Capstone Technologies 3 2. Overview of Proposal 3 2.1 Desired Outcomes/Deliverables 3 2.2 Proposed Methodology 3 2.3 Essential Eligibility Criteria 4 3. Contract Term and Work Schedule 4 4. Proposal Submission Requirements 5 5 Copyrights 5 6 Payment Plan 6 6 Proposal Submission 6 8. Section B. Technical Proposal - Standard Forms 8 9. Section 3C. Financial Proposal - Standard Forms 12 1. About Capstone Technologies Capstone Technologies is a Software Organization…

    • 1492 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Technology Management

    • 6061 Words
    • 25 Pages

    the management of technological innovation R Phaal, CJP Farrukh and DR Probert Engineering Department, University of Cambridge Mill Lane, Cambridge, CB2 1RX, UK - 1- A framework for supporting the management of technological innovation R Phaal, CJP Farrukh and DR Probert Engineering Department, University of Cambridge Mill Lane, Cambridge, CB2 1RX, UK Abstract Technology is a key driver for innovation and sustainable business growth. However, the management of technology presents…

    • 6061 Words
    • 25 Pages
    Better Essays
  • Powerful Essays

    (Information Technology, Information Technology) first appeared in Leav Information Technology t andWhisler (1958) Harvard Business Management Review published in "Management in the 1980's" articles among information technology as a way to quickly deal with information technology centralized large-scale development will be the emergence of a computer technology that was different from the emergence of new technologies, the development of this new technology in the next generation, the management work of…

    • 1626 Words
    • 7 Pages
    Powerful Essays