Demand chain management

Case Study Shaherah Glaspie BUS 307: Operation Management & Quantitative Techniques Instructor: Joseph Wiltrout August 13, 2017 Case Study Although with a master production schedule in established, the capability to adjust rapidly to deviations in production can have a damaging effect on the total schedule, the MPS (master production schedule) is an efficient tool for scheduling time lines for making supplies. This proposes the quantity of inventory guaranteed to suppliers, as well…

Purchasing and material management have evolved over the years and there are many roles we play as supply chain managers. One of your roles as a supply chain managers be the ability to negotiate. Accounting to Monzcka (p. 480) “we define negotiation as a process of formal communication, either face-to-face or via electronic means, where two or more people, groups or organizations come together to seek mutual agreement about an issue or issues”. Negotiation is a skill that takes some time to…

The need for people to exchange goods and services has long existed even before money as we know it today was invented. Through time, people have devised ways to make trade or exchange of goods more convenient. The barter is the most ancient and primitive form of trade. In a barter economy, no notion of money existed. Goods were exchanged directly. One needed to find an individual who had the goods you were looking for and at the same time was in need of the goods you had. It is easy to see how…

Supply Chain Management Simulation: The Root Beer Game The beer game simulation is based on the classic game that was developed by Jay Forester in the 1960s (The Beer Game Portal, 2015). The game depicts a supply chain, with four sectors, that is the factory, distributor, wholesaler and the retailer. In the simulation that I played, I was assigned the role of a retailer. The system automated other functions of the supply chain. In my new position, I would be supplying beers to clients and every…

HBR CASE STUDY Excel-Pls supply chain management at Haus Mart 1. How is value added in supply chain management through better planning versus better execution? Ans. Supply chain management as we have learnt in this course is managing the movement of goods and services. It involves the storage and flow raw materials, inventory of work in process as well as finished goods from their point of origin to their point of consumption or use. According to case, the largest cost advantage and…

helped them increase competitive advantage, add value and reduce cost through global sourcing. There was also a disadvantage to globalisation in that decision making became a lot more difficult because there was more parties involved in the supply chain so it was harder to get access to information. Manufacturers outsourcing across the globe were managing second and third tier suppliers and found it more difficult to track, trace and monitor production as it became more complex than just a…

distribution channels. Hospitals can take an initiative by controlling the pricing of the products set forth by pharmaceutical companies. Other issues that rises up the lack of predictability for the demand for medicine. Some clinician’s preferences can create more uncertainties. In my experience most if supply chain managers are not educated. These positions to my knowledge are filled by former healthcare employees without a background in a business. These managers are…

Case Study – Bike Sales and Service 1. List 3 strategic goals for Ted’s business and provide an explanation of each. • Reduce Overhead – lower his expenses • Make better use out of part-time employee scheduling • Match supply and demand in the various locations 2. Identify 5 specific types or categories of information that Ted needs to run his business and explain why they are important to him. • Sales data – he needs to know specifically what drives his revenue • Employee costs – he also…

a team and had a interview with Wang Xiaofei, the chairman of South Beauty, one of the largest chain restaurant corporation in China. This is a family enterprise, which is owed by Wang Xiaofei’s mother, Zhang Lan. South beauty attracted Chinese media’s eyes in 2010 as Wang Xiaofei got married with a famous Chinese actress. Since that, it expanded its business to Tai Wan. As far as I know, operating chain restaurants in china is very hard due to the competition. Nowadays, the dining market is…

invested in fixed assets worth 4,000 million euros. Effects of technological advances on the operations of fashion retail: • The use of standardized bar codes for sales records allowed compiling data necessary for the forecast accuracy, adjust supply to demand and decrease sales at liquidation prices. • The implementation of electronic data speeded communications with suppliers, making possible the reduction in the size of lots and the risk associated with the maintenance of inventories. Also,…