A supply chain strategy is a plan with goals and objectives. It is about using all of the elements involved in the sourcing and procurement of goods and services to produce better results for the company. Typically‚ strategy is aimed at achieving objectives such as pushing a new product development faster‚ improving the use of current technologies‚ bringing products and services to market faster‚ minimizing resource investment‚ and reducing specific costs and response/cycle times. Supply chain strategy
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Chapter 10 Supply chain Strategy Review and Discussion Questions 1. What recent changes have caused supply chain management to gain importance? 2. With so much productive capacity and room for expansion in the United States‚ why would a company based in the United States choose to purchase items from foreign firm? Discuss the pros and cons. The use of foreign firms can provide a U.S. firm more alternatives in selecting a supplier. The pros are more choices‚ potentially reduced
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4. Seven-Eleven does not allow direct store delivery in Japan but has all products flow through its distribution center to reduce the number of vehicles required for daily delivery service to each store‚ even though the delivery frequency of each item was quite high. At the distribution center‚ delivery of like products from different suppliers was directed into a single temperature controlled truck. Each truck made deliveries to multiple retail stores. None of the distribution centers carried any
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Approach to Supply Chain Strategy: Combining Lean and Agile Solutions Professor Martin Christopher Cranfield School of Management Cranfield University Cranfield Bedford MK43 0AL United Kingdom Tel : 44 (0)1234 751122 Fax : 44 (0)1234 751806 E-mail : m.g.christopher@cranfield.ac.uk Agenda • • • • • New competitive realities Lean and Agile – what’s the difference? Attacking complexity and waste Improving on-shelf availability Building a consumer-driven supply chain A
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A. Supply Chain Strategy To fully appreciate the recommendation for a supply chain strategy‚ it is necessary to know something about them. There are numerous strategies one can use for supply chain: Keiretsu‚ vertical integration‚ and virtual companies. These Three are by no means the only strategies‚ but ones which may be considered. First‚ the Keiretsu will be discussed. Keiretsu is a Japanese term to describe many companies that link together or around a central bank to do business. This link
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7 Eleven Inc. Case Study ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- 7-Eleven experienced years of success both home and abroad. In North America they were successful as a ‘typical’ convenience store selling gasoline‚ convenience items and their flagship ‘Big Gulps’ and ‘Slurppees’. While there were many 7-Eleven stores in North America‚ the dispersion of stores was not dense like
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In Taiwan‚ the 7-ELEVEN is one of the most popular convenience stores. Even though there are other convenience stores‚ these stores all try to compete with 7-ELEVEN which remains the top one in the convenient store market. The first store opened in 1978 and since then has grown more than 4‚600 stores. The area of Taiwan is small‚ 13‚900 square miles‚ but Taiwan has highest density of 7-ELEVEN stores in the world‚ with stores everywhere‚ from mountains to ocean-side. There are only 23 million people
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SUPPLY CHAIN MANAGEMENT 7-11 JAPAN History 7-Eleven is part of an international chain of convenience stores‚ operating under Seven-Eleven Japan Co. Ltd‚ which in turn is owned by Seven & I Holdings Co. of Japan. Eleven‚ primarily operating as a franchise‚ is the world’s largest operator‚ franchisor and licensor of convenience stores‚ with more than 46‚000 outlets. Timeline 1973: York Seven Co.‚ Ltd.‚ established 1974: First store opened (Toyosu Store‚ Koto-ku and Tokyo) 1975: 24-hour
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Seven-Eleven Seven Eleven Japan Co Co. Course: Strategic Supply Chain Management MSc ETH MTEC Fall 2011 Prof. Dr. Stephan M. Wagner Chair of Logistics Management g g Department of Management‚ Technology‚ and Economics Swiss Federal Institute of Technology Zurich 1 Assignments g 1. 1 A convenience store chain attempts to be responsive and provide customers what they i t h i tt t t b i d id t h t th need‚ when they need it‚ where they need it. What are some different ways that a convenience
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An overview of Dell Inc‘s Supply chain OMS 511 Introduction The Personal Computer industry has revolutionized the way of life. Technological forces have the most significant influence on the computer hardware industry. The extremely short product life cycle for computers‚ influenced by the upgrade cycle‚ has both positive and negative effects on companies within the industry. It challenges companies to maintain superior inventory management and supplier relationships: areas where Dell excels
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