Supply Chain Management 1 What is supply chain management? A Supply Chain is a collection of organizations involved in the supply of products or services. Supply chain management is the management of the interconnection of organizations that relate to each other through upstream and downstream linkages between the processes that produce value to the ultimate consumer in the form of products and services. It is a holistic approach to managing across company boundaries. 2 Supply chain planning and
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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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hamburger fast food chain‚ operating in 119 countries. The company began in 1940 and is headquartered in Illinois. As one of the most powerful brands in the world‚ their signature golden arches are a symbol recognized immediately by most. Our group chose to do our report on McDonald’s because it is one of the most well-known corporations worldwide‚ and was listed as number three on Gartner’s Supply Chain Top 25 List for 2012. This was recently announced at Gartner Supply Chain Executive Conference
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We chose to research Toyota based on previous knowledge some of our group members have on the company. We feel Toyota was a wise choice because they are leaders in their field both regarding the automobiles they produce‚ but also the way their supply chain works. In this paper some of the things we will discuss is Toyota’s purpose and vision statement‚ explain their strengths and weaknesses‚ look at their distribution strategy and operations as well as the opportunities and threats coming from the
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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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DISCUSSION #1 What is supply chain? The exact definition can vary‚ but supply chain to me is the flow of raw materials to the delivery of the finished product. Depending on the department and company‚ supply chain should track material from the time an order is placed to the final destination of that product. Supply chain also involves the communication between suppliers‚ departments‚ and transportation. Why are companies finding the supply chain to be so valuable? Supply chain effects all departments
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SUPPLY CHAIN MANAGEMENT Introduction According to Thomas Friedman in The World is Flat‚ supply chain management has become a source of competitive advantage and profit in a flat world. He has quoted Wal-Mart’s ability of moving 2.3 billion general merchandise cartons a year down its supply chain into its stores as an example of creating value. Global supply chains that draw parts and producers from every corner of the world‚ from the best producers at the lowest price‚ are the way how to beat
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LONDON CHURCHILL COLLEGE Programme: Extended Diploma in Strategic Management and Leadership Unit Number and Title: Strategic Supply Chain Management Unit Level: QCF Level 7 Assignment Ref. Number: 2.1.1 Module Tutor: AKM Asaduzzaman Patwary Email: nibirlove@yahoo.com Learner’s name and statement of authenticity Learner’s Name: MD ZAHIDUL ISLAM TALUKDER Learner’s ID: 20112767 I certify that the work submitted for this assignment is my
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THE “A” TEAM • • • • • • Benn Botsio Nana Agyeman-Prempeh Duku Plange Saeed Alhassan Saeed Muslim Alhassan Saeed Kofi Gyasi Antwi SUPPLY CHAIN “Control your expenses better than your competition. This is where you can always find the competitive advantage”- Sam Walton SUPPLY CHAIN TIPS If you’re a supplier and you think nobody cares if you’re alive‚ try missing a couple of delivery dates. Why is it better to have a woman as the buyer? Because a male buyer will pay GHc2 for a GHc1 item
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Table of Contents Introduction 2 Supply Chain Strategy 2 The process of SCM 4 Benefits of SCM Strategy 5 Benefits of IT supported SCM 6 How to develop a SCM strategy 6 IT and Process Design 7 How to choose the most suitable IT support (SCM software) 11 References 17 Introduction: Today‚ transforming raw materials into finished goods in a cost-effective way‚ while providing dependable delivery of those goods
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