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Max Crombach IE2FA 7-‐3-‐2014 Summary Supply-‐Chain Management Table of Contents Chapter 1: From Mission and supply chain strategy to logistics operation .................................. 2 1.1 Helicopter view: .................................................................................................................. 2 1.2 Organisation Models .........................
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CHAPTER TWO Discussion Questions 1. How would you characterize the competitive strategy of a high-end department store chain such as Nordstrom? What are the key customer needs that Nordstrom aims to fill? The Nordstrom web site states the following. Over the years‚ the Nordstrom family of employees built a thriving business on the principles of quality‚ value‚ selection‚ and service. Today‚ Nordstrom is one of the nation’s leading fashion retailers‚ offering a wide variety of high-quality
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Aligning Incentives in Supply Chains On April 16‚ 2001‚ the world’s largest network-equipment maker‚ Cisco‚ shocked its investors when it told them that it would soon scrap around $2.5 billion of surplus raw materials. This would go down as one of the largest inventory write-offs in U.S. business history and gave Cisco a net loss of $2.69 billion for the month of May alone. A supply chain works well if its companies’ incentives are aligned-that is‚ if the risks‚ costs‚ and rewards of doing business
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of best practices in supply chain strategies‚ with a focus on demand forecasting and collaborating information. Supply chain management is an area of importance. This paper is based on a survey of a large number of publications on supply chain management (books‚ conference papers and journal articles) for context and an industry expert interview. This literature review analyses the case study of a Taiwanese semi-conductor company‚ Tekcon to show its best practice supply chain strategy. The key objective
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(Heizer/Render) Chapter 11 Supply Chain Management Section 1 The Supply Chain’s Strategic Importance 1) Even though a firm may have a low cost strategy‚ supply-chain strategy can select suppliers primarily on response or differentiation. Answer: FALSE 2) The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans. Answer: FALSE 3) When using the low-cost strategy for supply chain management‚ a firm should
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The Importance of Supply Chain Management Supply chain management (SCM) is very important and effective to all companies. David Simchi-Levi‚ Philip Kaminsky‚ and Edith Simchi-Levi defines supply chain management as “a set of approaches utilized to efficiently integrate suppliers‚ manufacturers‚ warehouses‚ and stores‚ so that merchandise is produced and distributed at the right quantities‚ to the right locations‚ and at the right time‚ in order to minimize systemwide costs while satisfying service
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Supply Chain Responsiveness and Efficiency – Complementing or Contradicting Each Other? Dennis Minnich1 Frank H. Maier2 International University in Germany Campus 1 76646 Bruchsal‚ Germany Phone +49 7251 700-341 Fax +49 7251 700-350 e-mail dennis.minnich@i-u.de Abstract Balancing responsiveness to market requirements with overall efficiency is an important issue in supply chain design and management. The objective of the system dynamics model introduced in this paper is to capture generic structures
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Fundamental challenge in food supply chain: 12 10. Validity of results: 13 11. Conclusion: 13 12. Reference: 14 1. Introduction: The term of supply chain refers to a sequence of events covering a product’s whole life cycle from conception to consumption. (Blanchard‚ 2010‚ p.3) Products start from materials travel through the whole supply chain; finally they are available on the shelves and purchased by end users. So the efficiency of the supply chain may have direct influence on final
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4-3 Short Paper: The Boeing Company A supply chain is a series of integrated processes within and across a company that produce a product or service to meet the demands of a consumer (Krajewski‚ et. al.‚ 2013). Every company has a specific supply chain design and this design is implemented to meet the company’s competitive priorities. Supply chain management refers to the coordination of the company’s processes with those of customers and suppliers to match the flow of services‚ materials‚ and
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