Short distance can take the route of trucking, packaging and a great example of this is Wal-Mart "hub and spoke" system where the hub was the distribution centers and the "spoke" was the local stores. Same way Wal-Mart revolutionized the supply chain system, Amazon's futuristic drone delivery is looking very promising. The long distance shipment takes the route of railroad, air, package water, and pipeline. The rail is used for long distance, bulk items, and slower process compared to trucking.…
In any business, it is vital to have effective inventory management. This case, explored the challenges that these companies faced, during the difficult dot.com period. Thus, we discovered that the basic components of an effective supply chain model (pull approach), must include gathering input from finance, sales, IT, marketing, and key customers. Further, for the best optimization of this model, it is necessary that IT be involved to integrate the key elements. Thus, by utilizing this model,…
The sustainability of supply chains has aroused increasing concern in a competitive environment today. However, companies are more focusing on greater speed and lower cost in their operations while ignore the changes in the market, which is not enough to maintain or enhance their competitive advantages in the long-term (Lee, 2004). This essay will start with explaining how to improve a supply chain in a competitive context by using examples, and then identify the role of technology and talent in…
QUALITY MANAGEMENT Logistics management can be described as an integrating activity which optimizes and integrates all logistics functions. It also integrates other logistics activities with other related function such as information technology, finance, manufacturing, sales and marketing. Supply Chain solutions play a vital role in identifying and determining a company’s success. Primary results can be found in supply chain, in case there is a small variance in the inventory. In order to…
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…
“Management is doing things right; leadership is doing the right things” -Peter Drucker. Management is an important aspect to have in running an effective business with different aspects to it. For instance, operation and supply chain management, where operation management focuses on internal activities and supply chain emphasizes externally. Per our text, operation management is “the science and art of ensuring that goods and service are created and delivered successfully to customers.”…
Agility, flexibility and responsiveness of supply chain Sustainable competitive advantage is a strength that all businesses strive for. Similar to successful international clothing companies such as Zara, H&M and Mango, all of whom have agile, flexible and responsive supply chain management systems, Linda’s strive to adopt these qualities so that it can emulate its competitors. The Triple an effect by Hau L Lee, speaks to effective supply chains being agile and adaptable, so that their company…
customer demand, Riordan’s [pic]supply chain process must concentrate on inventory management process in the system to fulfill the orders requested (Chase, Jacobs and Aquilano, 2006,). Riordan currently tracks its inventory manually at many points in the supply chain. With the implementation of an integrated inventory management system Riordan would be able to improve cash flow, inventory visibility, and decision-making as well as manage all the resources utilized to meet customer demand for…
This can only be done if there is proper management and statement among the diverse units of the company. As J. A. Russell is a huge company, famous nation-wide, it has to be properly followed the supply chain management to gain their objectives. Information Technology supports the Supply Chain Managers to cope up each and every…
strategic plan, can only be achieved with a high-quality operations management system. “Operations management is the management of processes that create goods and/or services,” (Stevenson, 2009, p. 4) and is the engine that keeps a company running. The scope of operations management is broad and includes many interconnected functions (Stevenson, 2009). However, “the primary goal of operations management is to match supply to demand” (Stevenson, 2009, p. 72). While it is difficult to rank…