Importance Of Profuing An MBA

Great Essays
Good afternoon Mr. Smith,
I am writing to you today because I am seeking your approval for tuition reimbursement for the Global Supply Chain Management course that I just complete as part of the curriculum for the University of Houston MBA program. As you may know my professional background had previously been entrenched in research science, and although I had some surface knowledge of business processes and practices, I was not well versed in the intricacies and interplays that exist in the business world. This was one of the primary reasons why I chose to pursue an MBA to begin with. As I became familiarized with the different aspects of, and sub-disciplines within, business, I began to target specific courses that I believed would provide me with two key needs. The first, an expanded understanding of the
…show more content…
The case studies provided additional background on topics in supply chain, ranging from transportation logistics like in the Walmart China case, to complete overhaul of inventory management and delivery that we were introduced to in the VASA case. These cases forced me to examine solutions in a more feasible manner. As opposed to simply providing a hypothetical solution with no potential for real world implementation, we had to grapple with the problems in a manner where we could realistically come to a board of directors and present our recommendations. The Walmart China case was particularly interesting to me, as it presented a giant corporation with a logistical problem that could be resolved in different manners and carried different risks. Though risk mitigation and hedging are not epiphanic notions on their own, the idea of addressing these issues through optimization of the delivery and inventory management processes as opposed to hedging through investments

Related Documents

  • Improved Essays

    Tsc Stores Case Study

    • 1110 Words
    • 4 Pages

    TSC Stores, Supply Chain Management for Profitable Growth Brad is currently in a process of creating a long term supply chain strategy that will support the company’s corporate growth, cost objective and also the program of the Project 275. However, the rapidly growing volumes and complexities in the supply chain are causing concerns, and Brad is worried that the company may not be able to handle the planned growth. In addition to that the company is faced with several other challenges that threaten its plans, namely, stock-outs in stores and DC, low service level, too much inventory in enterprise, slow inventory turnover, and tied up working capital. 1. What does your analysis of the data in Exhibit 3 suggest that Brad Twiddy might want…

    • 1110 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    A clear, concise, and succinct research question focuses the inquiry to produce meaningful results, cornerstone in practice and in research. In Logistics and Supply Chain Management practice, it directs the search to relevant…

    • 363 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    Amec Paragon Case Study

    • 1013 Words
    • 5 Pages

    Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2003). Designing and Managing the Supply Chain (2nd ed.). New York, NY.…

    • 1013 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    Supply Chain Strategy Assignment 2 Executive Summary Supply chains incorporate the end-to-end stream of data, items, and cash. Therefore, the way they are overseen emphatically influences an association's intensity in such territories as item cost, working capital necessities, velocity to market, and administration recognition, among others. In this connection, the best possible arrangement of the supply chain with business procedure is key to guarantee an abnormal state of business execution. Crowning Glory Ltd is a private company that has grown from small beginnings over the past 20 years to become a major supplier of hair-care products to the hairdressing trade. Its products are well liked by professional hairdressers and the company…

    • 1725 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    This paper talks about the many different business colleges I can attend in the state and in the country. Our country has several notable business programs as well. For example, Stafford University, Northwestern University, University of Pennsylvania, Columbia University, or New York University are some of the top ranked. Florida has several colleges that have the finest business programs; such as Florida International University, University of Miami, University of South Florida, Jacksonville University, Florida State University, University of Central Florida just to name a few. After exploring my options at numerous colleges I narrowed it down to two, New York University and University of Central Florida.…

    • 377 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    1. What have your team accomplished in this project?  A strong collaboration between team members. We were able to overcome our difference of schedule and be able to respect the deadline.…

    • 497 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    By how much do your recommendations for these two items reduce annual cycle inventory, stock out, and ordering costs? Summary This case portrays the issues confronting Sue McCaskey, the new materials administrator of a wholesale merchant of car parts. She looks for approaches to cut the bloated inventories while enhancing client administration.…

    • 1101 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    In today 's world supply chain is at the centre of the business, for many decades’ companies have outsourced and organised many jobs to suppliers and intermediaries creating expansion and, recreated designs and through innovative processes, such sourcing has resulted in global supply chain management. It is a connected series of activities which is concerned with planning, organising, coordinating and controlling of materials, parts, and finished goods from supplier to customer. It is concerned with two distinct flows/ function i.e. material flow and information flow through the organization (Stevens 1989). At every point of chain information and material is passed in order to improving the efficiency at every level.…

    • 839 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    This executive summary will explore the managerial characteristics that worked well for Nissan during their supply chain disruption of March 2011 and what adjustments can be made to help enhance their supply chain risk management for future disruptions.…

    • 782 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Currently the world witnesses a very dynamic, aircraft manufacturing industry, which invests billions and billions in its projects, due to tough market competitors. In order to achieve their goal and objectives, any project requires an efficient management. However, due to a diversity of issues, goals are not always achieved nor targets are met. During the 21st century, the aircraft manufacturing industry was leaded in the world by two major’s commercial jet manufacturers, namely Boeing and Airbus.…

    • 2435 Words
    • 10 Pages
    Improved Essays
  • Improved Essays

    With the holidays around the corner and the biggest shopping night of the year companies need to plan what they want to sell on their shelves months ahead. By having excellent inventory management these companies in so many industries are able to become more successful. I agree with the statement, inventory management is the heart of the supply chain which has been said by many business experts. Without proper inventory management issues can and will occur upstream and downstream of the supply chain. Companies have been able to reduce costs by properly managing their inventory, “Hewlett Packard achieved more than $130 million in total inventory savings” (supplychain) Companies that properly use an enterprise resource planning (ERP) system are able to have visibility of what inventory they have throughout their company.…

    • 1142 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    By coordinating and streamlining exceedingly critical business forms with Supply Chain Execution, logistics administration suppliers make new chances to: • It manages and moves products more efficiently. Secures and organizes shipments better via computerizing stock management, and incorporating logistics forms with enterprise asset planning system and solutions used by clients and…

    • 1315 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    During this course I was able to see many different aspects of management. As a business major I was excited to finally take a course that I felt really related to the topic. My business communication and writing skills have vastly improved after taking this class. I am extremely thankful for the knowledge I gained, as I know it will help me throughout my life and career. I know so much more about business and everything that is associated with it.…

    • 776 Words
    • 4 Pages
    Great Essays
  • Superior Essays

    What is the impact of this trend on supply chain inventory? What strategies can firms and supply chain use to mitigate this impact? As we understand that the 4 factors that a supply chain should offer are the efficiency, decrease in cost, availability, and responsiveness. The inventory represents the second largest component of logistics cost, that requires some serious attention and there is no room for any mistakes.…

    • 1166 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    A Case Study of Creating Agile Supply Chains in the Fashion Industry Fashion market must typically exhibit the well functioning short-life-cycles, high volatility, low predictability and high impulse purchasing. Today’s fashions market place is highly competitive and there is an inevitable move by many retailers to extend the number of seasons which with the entire merchandise within a store is change. The operations of fashion businesses imply a trend for supply chain management, which in effect it clearly provides a challenge to logistic management. In reference to Block 2, Chapter 3 of the book which pertains to “Supply Network Design and Management”, that vividly implies that supply network design is of critical importance to the enterprise. It has been said that; “The ultimate core…

    • 2395 Words
    • 10 Pages
    Improved Essays