MASTER PAPER On IDENTIFYING THE MAJOR CHALLENGES OF SUPPLY CHAIN MANAGEMENT OF SUPERSTORE FOR SINHA LTD Prepared For Ms. Rabeya Rahman Lecturer Department of Management Studies Jagannath University Dhaka. Prepared By MUHAMMAD ZAHID HOSSAIN SHIKDER Roll No # 085587 Section: B Department of Management Studies Academic Session: 2007-2008
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SUPPLY CHAIN MANAGEMENT A STRATEGIC APPROACH TO THE PRINCIPLES OF TOYOTA’S RENOWNED SYSTEM ANANTH V. IYER SRIDHAR SESHADRI ROY VASHER New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2009 by Ananth V. Iyer‚ Sridhar Seshadri‚ and Roy Vasher. All rights reserved. Except as permitted under the United States Copyright Act of 1976‚ no part of this publication may be reproduced or distributed in any form or by
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QUESTION 1 a. Define what is meant by Supply Chain Management b. Describe the five basic elements of supply chain a. Definition of Supply Chain Management Supply Chain Management refers to the management of the network of interconnected businesses involved of product and service packages required by the end customers in a supply chain. Another definition also defines that supply chain as the flow and management of resources across the enterprise for the purpose of maintaining the business
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manufactured and then distributed? A. SUPPLY CHAIN FRAMEWORK 1. What are the different types of inventory used by your organization? a. Movement inventories b. Buffer inventories c. Anticipation inventories d. Decoupling inventories e. Cycle inventories 2. What is the reorder level of your inventory? 3. Which framework of SCM do you follow? a. Basic SCM b. Extended SCM c. Ultimate SCM 4. What is the storage cost incurred for your inventory? 5. What percentage of
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Question: Due to the fast growth of the business and lack of visibility of supply and demand‚ Clock Enterprises is facing significant customer service issues and the company is beginning to have frequent “out of stock” situations. Although Clock Enterprises model is “The Customer is King”‚ their current customer service as measured by case fill‚ is running at 85% compared to the best in class benchmark of 98.5%. What are your recommendations to resolve this issue? Answer: Customer service score
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Supply Chain Management Definition: Supply Chain Management is the discipline related to the management of the planning‚ manufacturing and operations necessary to bring a product to the market place‚ from the sourcing of materials through to the delivery of the completed product. The deciding factor in the success or failure of any given product is in the efficiency with which it can be brought to the market place. If the revenue derived from the sale of a product does not create a required
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Supply Chain Management Introduction This paper identifies an existing supply chain management process within an organization. It describes the flow of materials to the organization‚ the organization ’s function‚ and the customer base that organization serves. The supply chain practice will be compared with other supply chain process. An analysis will be provided based on research and cost-benefit and the recommended changes. The paper has taken a supply chain process exists in the Minneapolis
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Resilient Supply Chain Introduction In the recent years many disasters and catastrophic events such as hurricane Mitch‚ tsunamis‚ SARS‚ terrorist attacks and earthquakes have shown that we live in world with increasing uncertainty. These events can cause major disruptions in the supply chain. Although similar events have occurred‚ since the terrorist attacks of September 11 of 2001 the firms began to reassess the benefits of commonly accepted strategies for sourcing‚ transportation‚ demand
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The main problems in supply chain of many industries are the excess of some products and the shortage of others because of unpredictable demands for these products. In this paper‚ a framework that helps manager to understand the nature of demand for their product and manage their supply chain in line with their product requirements is suggested. The products are classified into two groups according to their demand patterns: Primarily functional products and primarily innovative products. Functional
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turbulent markets‚ supply chain vulnerability has become an issue of significance for many companies. As supply chains become more complex as a result of global sourcing and the continued trend to ‘leaning-down’‚ supply chain risk increases. The challenge to business today is to manage and mitigate that risk through creating more resilient supply chains. Supply chain managers strive to achieve the ideals of fully integrated efficient and effective supply chains‚ capable of creating
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