Supply chain

Harrods is a British institution and one of the well-known retail stores all over the world. David Jones is a similar retail store in Australia, the store was launched in 1838 by Mr. David Jones with a view to sell the best and most exclusive goods under one roof. Since then David Jones has grown to 35 stores, 2 warehouses and online store (David Jones, 2017). However, it still trails Harrods despite the growth. Few recommendation that would help David Jones grow to Harrods levels are- 1.…

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…

value chain includes all of the activities that enable it to sell its products to customers. This value chain consists of the same primary and secondary activities defined by Michael Porter. For the most part, Follett does not manufacture the products it sells in the campus bookstore. It relies on a network of suppliers across several industries including book publishing, clothing and gifts, office supplies and technology products. It is crucial to understand that Follett’s value chain does…

online environment. E-commerce has also impacted on supply chain management of traditional commerce. By using e-supply chain, it could increase the efficiency of the business in many factors relating to cost and time such as improving efficiency of individual processes that means when the organization use the method of e-procurement that possibly will decrease cycle time and cost per order. Plus, that could lessen difficulty of the supply chain as well, for instance B2B company can sell and…

Compared with the ideal value chain, Caltex existing value chain has many shortcomings. Exploration and Development With the deepening of oil exploration, since non-renewable oil and gas resources, making the exploration and exploitation more and more difficult and the cost is rising year by year. The production cost of crude oil also increased, mainly due to investment in technology is not enough. In addition, Caltex costs in exploration and development aspects of the constitution should be…

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”…

WWII, the Japanese developed lean manufacturing. The 2000s, and the invention of the Internet and cloud computing, made direct access to inventories readily available. The tipping point for supply chains was 1990 when China entered the export market. Inventory…

1. A convenience store chain attempts to be responsive and provide customers with what they need, when they need it, where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? Supply chain has several abilities to cope with the uncertain condition of the environment. Those abilities are respond to wide ranges of quantities demand, meet short lead time, handle a large variety of products, build highly innovative…

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 counter such consequences, there is the need for an organization to have effective logistics. Management…

3. A BRIEF BACKGROUND ON THE DECISION MAKING TOOLS USED Analytic Hierarchy Process (AHP), developed by Saaty (34), is designed to solve complex multi-criteria decision problems. AHP decomposes the complex decisions in a hierarchical structure and makes it easy to manage the complex decisions in this way. So the decision maker can determine the trade-offs among objectives related to all criteria, sub-criteria and their pairwise comparisons. The output of AHP is a prioritized ranking…