13 Lean and agile supply chain Introduction With the real-time access to the Internet and search engines like Google and with the increased global competition‚ customers have more power than ever before. They demand innovative product features‚ greater speed‚ more product variety‚ dependable performance and quality at a best in class and at a competitive price. Furthermore‚ today’s discerning consumers expect fulfilment of demand almost instantly. The risk attached to traditional forecast
Premium Lean manufacturing
SUPPLY CHAIN & LOGISTICS MANAGEMENT Homework #1 (Due – April 18‚ 2013) Electronic Submission MS Word MSc ECOM/ICOM assignment submission system File name: hw1 and your HKU ID (e.g. hw1_1234567) Please limit the answer to 1 page for each (sub)question (60%) Case: Dell Inc.: Improving the Flexibility of the Desktop PC Supply Chain (Textbook‚ pp.179-187) 1. a) Why does L5 incur higher manufacturing and logistics costs than L6? What are some of the costs that are incurred in L5 but not
Premium Logistics Personal computer Supply chain management
Pre‐publication draft Operational Strategies for Managing Supply Chain Disruption Risk1 Brian Tomlin Tuck School of Business at Dartmouth‚ Hanover‚ NH 03755 Yimin Wang W.P. Carey School of Business‚ Arizona State University‚ Tempe‚ AZ 85287 1. Introduction On June 16 2009‚ Genzyme Corporation announced that it had discovered the virus Vesivirus 2117 in one of the bioreactors at its plant in Allston‚ Massachusetts.2 While the virus strain is not thought to be harmful
Premium Supply and demand Inventory Supply chain
Building a Sustainable Supply Chain Lisa Powelson Chattahoochee Technical College Abstract Building a sustainable supply chain requires a holistic approach that includes the company as well as their suppliers and their suppliers‚ suppliers – downstream and upstream. To ensure goals and objectives are achieved‚ sustainabilty must be a part of strategy‚ applying measurement metrics solidifies executive level sponsorship. Sustainable supply chains are typically viewed from a 3BL (3 bottom line)
Premium Supply chain management Sustainability
Risks in Global Supply Chain Project Thesis Submitted by Kashif Shabab Submitted to Professor Dr. Jan-Philipp Büchler Summer Semester 2011 / 2012 Table of contents 1 Introduction 6 2 Global Supply Chain 7 2.1 Supply chain management: schools of thought............................................................8 2.1.1 The functional chain awareness school……………
Premium Risk management Supply chain management Management
Theories of supply chain management Essay by Pancu Dana “Supply Chain Management is the integration of key businesses processes from end user through original suppliers that provides products‚ services and information that add value for customers and other stakeholders.” ( Lambert-Cooper 2000‚ 66 ) A general definition of the supply chain management (SCM) includes all suppliers‚ production capabilities‚ distribution centers ‚ warehouses‚ customers‚ raw materials‚ stock with semi-finished products
Premium Supply chain management Management
Introduction Supply chain management is the process that an organization uses to "improve the way the company finds the raw components it needs to make a product or service and deliver it to customers (www.supply-chain.org 2006)." There are five basics components of a supply chain management system-plan‚ source‚ make‚ deliver‚ and return. Planning is the "strategy for managing all the resources that go toward meeting customer demand for the product or service (www.supply-chain.org 2006)." The source
Premium Supply chain management Supply chain Logistics
ECCO A/S – Global Value Chain Management Issues: * ECCO’s supply chain with production and assembly across the world driving long lead times. * Raw material residing in Europe yet tanneries located in the Netherlands‚ Thailand‚ & Indonesia. * Production and market expansion in China. Impacts: * ECCO’s supply chain has a supply chain that has their production & assembly sites established in countries far away from their distribution/retailer divisions. This could cause Inventory
Premium Value chain Supply chain management Leather
1. Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. The stages in a supply chain are normally the supplier‚ the manufacturer‚ the distributor‚ the retailer‚ and finally the customer. The first stage of the supply chain is the supplier. Initially‚ the supplier provides the material necessary for the production of the soda can to the manufacturer‚ who had previously passed an order for the material
Premium Supply chain management
Transportation: Critical Link In The Supply Chain Study Questions 1. What are the major forces or external factors that have impacted our economy during the latter part of the 20th centuries? How have each of these factors influenced companies as well as their respective supply chains? Which of these factors do you feel is the most important for a computer company? Why? In the 21st century‚ transportation systems will face significant challenges and problems because of global environment
Premium Economics Logistics Supply chain management