Logistics

Analysis of Results: Efficient and viable supply-chain and distribution networks must have a proficient and reliable framework for moving products between different stage in their process. Each stage is formed from two parts. Lead time which is the time span required for each stage of the product-flow process to finish and the second part is called the component cost which is basically the cost related to each step. These two features of the supply-chain administration together, are also known…

BACK-FLUSH ACCOUNTING Costing systems have been augmented to reflect the manufacturing philosophy that is based on the need to achieve competitive advantage. According to modern manufacturing philosophy, flexibility is important to provide the customers with their wants at an exact time whenever it is required so as to achieve competitive advantage. This defines Just-In-Time (JIT) system whose objective is to produce or procure products or components as to when it is needed. Backflush…

Managing Demand Uncertainty to achieve Inventory Productivity in FMCG Supply Chain Background Over the recent years, FMCG industry has realized the significance of adaptation to various shoppers’ needs. Apart from quality, consumers demand variety, availability and freshness of products [1]. Meanwhile, they are highly price sensitive due, inter alia, to constraints on purchasing power, availability of substitute products on the market, promotional offers and competitive pricing strategies of…

Identification is used in every aspect of life. We use identity to travel, make purchases, and many other necessities. Yet, what is an identity? There are moments in life where we ponder on who we socially and personally are. We are given parts of our identity at birth, such as a name, race, and physical features, but does this give us a true understanding of ourselves? Do these factors accurately define who we are destined to be? At age eight, I had thought that my identity was defined by who I…

Queue is a line of things or persons that is formed when the demand for a service or a product exceeds the supply Your waiting time depends upon the number of costumers in line or in the queue, the number of servers, and the service time of each costumer takes to be able to complete the service they want. There are different models in queuing system: Single Server Model is when there is one queue and a single server. Multiple-Server Model is when there is one waiting line and multiple servers…

Costco utilizes the same distribution strategy internationally as they do in the U.S. The company makes an effort to obtain products locally by developing relationships with local suppliers in order to reduce supply chain costs (Soni, 2016). This tactic also helps Costco provide products that are partial to the local customer base. Products are sold at Costco warehouses, demonstrating a direct involvement in distribution. Globally, the company utilizes a distribution strategy in which the supply…

Loading ramps are just one of the construction products that we often overlook. But did you know that for operators and contractors, these pieces of equipment are as much as important as any other machinery, such as skid steer, compactors, and rollers? And that's because without these ramps, you won't be able to easily transport your earthmoving machines to different job sites. These units, indeed, are the ultimate solution when loading your wheeled equipment into a truck or a high trailer. Now…

David, Good morning. I registered two formal complaints; #7455 and 7459 to address these repeat issues with improper packaging, converting and shipping issues. Our Director of Manufacturing, Tim Kosto held a meeting with the Operation manager, Department Manager, Supervisors, Leads, and the entire Converting staff to address these repeat issues. The meets goal was to understand what we are missing, are the note too complicated, small, length, hidden amongst a multitude of other notes, etc..…

Introduction Apple Inc. is known as the largest tech giant world over for its best quality products like iPhone, iPad, watch, Mac computer and smart TV, etc. Besides 115,000 employees in the US, its suppliers employ more than 1.6 million people in 20 countries. Apple has a set code of conduct to be followed by all its employees as well as suppliers. It helps to keep a balance in the decent workplace to avoid any discrimination based on race, color, ethnicity, age, nationality, sex,…

1.0 Executive Summary Supply Chain refers to the flow of products or services start from the point of origin from the supplier to end consumer (Investopedia, 2003). Supply chain management refers to the design and management of seamless, value added processes across organizational boundaries to meet the needs of end consumer. Supply chain management is very important for a company to success especially for those multinational companies as nowadays the supply chain emphasizes on building…