MODULE TITLE: SUPPLY CHAIN AND OPERATIONS MANAGEMENT ASSIGNMENT TITLE: ESSAY ON SUPPLY CHAIN RISK MANAGEMENT IN BUSINESS TABLE OF CONTENT 1.0 Executive summary 3 2.0 Introduction 4 3.0 Risk identification 5 4.0 Risk assessment
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Restaurant chain is responsible for serving over 300 million meals annually throughout the United States and Canada in over 1‚700 restaurants. Three of the most popular casual dining restaurants are the Olive Garden‚ Long Horn Steakhouse‚ and Red Lobster; with over 180‚000 employees it is the largest full-service restaurant company in the world (Darden‚ 2012). Darden has found means of outsourcing certain aspects of the business to optimize their profits‚ through the use of supply-chain management
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The Race for Supply Chain Advantage The ability for a company to excel in supply chain management is a vital characteristic that can widely separate one company from another. Successful companies have used a variation of certain practices that embody the attributes necessary to be known as a leader in terms of competitive advantage. A recent study conducted by McKinsey and Company has revealed that there are only six supply chain practices that matter most to company performance. These practices
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what is supply chain management? Supply Chain Management is the strategic management and coordination of all traditional business functions within the supply chain‚ with the goal of increasing long-term performance and striving for customer satisfaction at the end point of delivery. Supply Chain Management is a cross-function approach that includes managing the movement of raw materials into the organisation‚ internal processing of materials into finished products‚ and the movement of finished
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where green supply chain management comes into play. My question is: What can companies do to reduce the carbon footprints of their supply chains? The first issue is the problem of less than truckload shipments. So consolidating it into full truckloads would be a cheaper and greener solution. To advance truckload delivery‚ the enterpriser may install order minimums for customers and 48 hours advance notice of orders. Route optimizations should be enforced too. As a result‚ the company is able
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3 key Supply Chain Metrics Selecting the Key Metrics Selecting the key metrics to measure performance a long the supply chain can be crucial‚ as clear connections have to be made between the metrics and the business goals in order for the business to achieve the results they are looking for and also to achieve growth within the market place. Management should identify the key performance indicators they need to focus on‚ measuring these indicators can help them in reaching the company’s goals
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Dell’s Supply Chain Management The term supply chain management (SCM) was initially used in wholesaling and retailing to denote the integration of logistics and physical distribution functions with the goal of reducing delivery lead times. Manufacturers and service providers have used the same term to describe integration and partnership efforts with first- and second- tier suppliers to reduce cost and improve quality and delivery timing. Terms such as integrated purchasing strategy
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Cyber-Security in the Supply Chain PROC 5000 GRAD FA 2013 Procurement and Acquisition Professor Claude Wiedower Table of Contents Abstract…………………………………………………………………………………………………………………………………..1 The Problem with Cyber-Security Collaboration………………………………………………………………………2 Cyber-Security Training in the Workplace………………………………………………………………………………..3 Abstract The essence of global supply chains require that businesses large and small‚ exchange information of a precarious nature
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Title: How To Do Strategic Supply-Chain Planning. Authors: Sodhi‚ ManMohan S. Source: MIT Sloan Management Review; Fall2003‚ Vol. 45 Issue 1‚ p69‚ 7p Document Type: Article Subject Terms: *BUSINESS planning *MANAGEMENT science *STRATEGIC planning *SUPPLY chains Abstract: Any company that has a global supply chain should consider introducing its strategic left hand to its operational right hand. Senior managers formulate strategy to maximize shareholder value; supply-chain planners run optimization
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5 Bibliography…………………………………………………………………..6 Appendix…………………………………………………………………………7 INTRODUCTION Brunswick Distribution started as a small distribution company 10 years ago when Alex Brunswick stated using his grandmothers shed. The company further grew and moved into a 20‚000 square-feet leased facility. Ten years ago‚ the company entered into an agreement with Kitchen Helper Corp‚ as their high-end appliance representative and distributor in Moline Illinois. The operations have expanded
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