LINKS Supply Chain Management Fundamentals Simulation Revised July 2010 Randall G. Chapman‚ PhD 2 LINKS Supply Chain Management Fundamentals Simulation Table of Contents Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ...............................................................
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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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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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* Supply Chain Management In IBM: * Early 1990’s: decentralized geographic and functional departments * Mid-late 1990’s: Distribution and logistics functions centralized into a global organization with world-wide responsibility * Early 2000’s: merger of Customer Fulfillment‚ Procurement‚ Manufacturing‚ and Global Logistics/Distribution functions into a new global Integrated Supply Chain function * Result: cost savings of $5.6B in 2002 and $7B in 2003 * A Case study
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Supply Chain Concept Introduction In today ’s competitive business environment many firms face the arduous mission of managing their supply chain. In an effort to gain competitive advantage‚ firms must make key decision involving logistics and operations management to move products and service across the supply chain. The materialization and attractiveness of the Internet has made supply chain management more attainable for business enterprises. Research shows that Internet-derived technology
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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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Customer Satisfaction And Profitable Value Chain With E-commerce In Rural India A case based approach Sanjeeve Verma1 ABSTRACT We live in a world increasingly propelled by technological change. The thrust lies in a quest to make our lives better‚ simpler and more productive through electronic commerce (or E-commerce). Agriculture in India has been identified as one of the great promises of e-commerce; the high level of fragmentation present in the supply chain‚ large volumes traded‚ and homogeneous
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Sony’s reduction in supply chain Recently a piece of news which has hit the business circles and is being discussed very much is that Sony is going to reduce 75% of supply chain. Sony will now be relying on 250 of its 1000 current suppliers as a part of short term temporary strategy. Sony is choosing these 250 partners for key products such as digital cameras‚ smart phones etc. (Bloomberg Business Week‚ 2014) The news is being discussed in the business circles heavily. Some are criticizing Sony
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“SUPPLY-CHAIN MANAGEMENT” 1. GLOBAL COMPANY PROFILE: VOLKSWAGEN ’S RADICAL EXPERIMENT IN SUPPLY-CHAIN MANAGEMENT Volkswagen ’s major suppliers are assigned space in the VW plant‚ but supply their own components‚ supplies‚ and workers. Workers from various suppliers build the truck as it moves down the assembly line. Volkswagen personnel inspect. Volkswagen plant‚ however‚ VW is buying not only the materials but also labor and the related services. Suppliers are integrated tightly into
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Value Creation and Business Success by Paul O ’Malley from The Systems Thinker‚ Vol. 9‚ No. 2 Copyright © 1998 Pegasus Communications‚ Inc. (www.pegasuscom.com). All rights reserved. No part of this article may be reproduced or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopying and recording‚ without written permission from Pegasus Communications‚ Inc. If you wish to distribute copies of this article‚ please contact our Permissions Department at 781-398-9700
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