Supply Chain Management Essays


Big Data and Supply Chain Management Essay

Introduction Big data has become one of the most important aspects of supply chain management. The concept of big data refers to the massive data sets that are generated when millions of individual activities are tracked. These data sets are processed to yield insights that help inform managerial decision-making. Supply chains in particular have leveraged Continue Reading... Continue Reading...

Supply Chain Management

Expectations It is my expectation that the program will exceed employers' expectations even as the demand for experts in supply chain management rise. For this to be achieved, a relevant and comprehensive curriculum will be designed by the help of business players and faculty. Going through the program, I expect to get a real feel of what it takes to work in supply chain. I expect that the tutors will have several years of experience as both tutors and as workers in the real world under procurements and logistics environments. I also expect to earn credits as I work on… Continue Reading...

Strategic Resource Management Hewlett Packard Enterprise

W.Th. (2006). Effective Small Business Management. An entrepreneurial Approach -8th ed., Pearson Prentice Hall, New Jersey. Stadtler, H. (2015). supply chain management: An overview. In supply chain management and advanced planning (pp. 3-28). Springer Berlin Heidelberg. Subha, P. (2010). Strategic Management. Global Media. Tandon, R., Chakraborty, A., Srinivasan, G., Shroff, M., Abdullah, A., Shamasundar, B.,... & Dhore, P. (2013). Hewlett Packard: Delivering Profitable Growth for HPDirect. com Using Operations Research. Interfaces,43(1), 48-61. Torrington, D., Hall, L. & Taylor, S. (2002). Human Resource Management. 5th ed. s.l: Prenticehall. Wheelen, T. and Hunger, J. (2010). Strategic Management and Business Policy, 12th ed.,… Continue Reading...

Supply Chain

into rather advanced and strict competition (Elenstar, 2016). Question Three The question is now what the difference is between supply chain management and logistics. They are related and similar in many ways but they are not the same thing. Indeed, logistics is actually a subset and portion of wider supply chain management. To be more specific, logistics management is the process of integrating the movement and maintenance of goods in of or out of the organization. On the other hand, supply chain management is the coordination and management of supply chain activities. The objective with logistics is customer satisfaction while it… Continue Reading...

Strategies for Achieving Competitive Advantage

for the least possible prices. In addition, Walmart restructures supply chain management by building communication and relationship systems with suppliers to enhance and develop flow of materials with lesser inventories. The linkage of global suppliers, warehouses, and retail stores has enabled Walmart to operate as if it is a single company (Greenspan, 2015). The different suppliers and manufacturers within Walmart Stores, Inc.'s supply chain coordinate and harmonize their demand estimates under a concerted planning, predicting and replacement scheme, and every single link within the supply chain is joined through technology that takes account of a fundamental databank, store-level point-of-sale… Continue Reading...

Social Responsibility and Ethics in Corporations

Even though Ferrell & Ferrell (2016) focus more on how corporate social responsibility and ethics in supply chain management link to apparel retailers, the connection to the retail food industry is apparent. Likewise, Maignan & Ferrell (2004) conceptualize corporate social responsibility within the marketing framework and explains how corporate social responsibility can be directly integrated into organizational norms of behavior, and also within a marketing strategy that retains stakeholder value. The information contained in the Maignan & Ferrell (2004) research also ties into Marinova's (2013) investigation of corporate social responsibility and ethics. The lack of empirical data in the… Continue Reading...

Supply Chain Management and Logistics

its far earlier researching and implementation of logistical practices, processes, instruments, technology and equipment. But, in truth, commercial supply chain management (SCM) and logistical domains outdid military logistics sometime in the post-WWII period. This gives rise to the question of how a role reversal occurred with respect to the two "rival" supply chains' positions. Therefore, this paper will employ the organizational design and reasoned action theories for assessing behaviors which drove this role reversal. Goals and objectives This venture's corporate goals directly support the organizational strategy of achieving more technological growth in information processing and telecommunications, via a comparison… Continue Reading...

Supply Chain Strategies

bringing about a transformation that will secure competitive advantage through improved performance, coordination, and innovation. Hewlett-Packard and supply chain management Hewlett-Packard Company (HP) is one of the biggest information and technology (IT) corporations in the world. Hewlett-Packard Company is centered in the information systems industry and is a technology organization that specializes in storage computing, hardware, software as well as network services. HP is well renowned for providing technological solutions to individual consumers, businesses as well as other entities across the globe. HP competes with IBM in providing CPUs, printers, lasers and other products as well (Hewlett-Packard, 2012). Hewlett-Packard has… Continue Reading...

Demand Planning

Demand planning constitutes an important supply chain management (SCM) attribute affecting various business operations and aspects, from production to distribution, warehousing, the end consumer, and eventually the organisation's bottom line. Generally, demand planning encompasses forecasting demand (Jain & Malehorn, 2012). Effective demand planning is important for aligning inventory with changes in demand and enhancing the accuracy of revenue projections (Chase, 2013). This paper examines the importance of effective demand planning. First, the paper focuses on issues associated with demand planning in today's business operations. Next, attention is… Continue Reading...

Significance Of Effective Logistics Management at Mcdonalds

One of the most important factors in the success and profitability of a business in relation to its supply chain management is logistics management. Logistics incorporates the flow of raw materials and information throughout supply chain processes of an organization. In the past few decades, logistics management has gained significant attention because of the emergence of new technologies and strategic alliances that are geared towards enhancing an organization's competitive advantage. For global companies like Mcdonalds Corporation, logistics management is vital for gaining access to new markets, taking advantage of technological competencies for overseas operations, and enhancing production efficiencies. This… Continue Reading...

Kiwi Medical Devices Limited

therefore provide quicker and more reliable logistics support, further justifying the need for considering more options. References Branch, A. (2009). Global supply chain management and international logistics. New York: Routledge. Fawcett, S. (2014). Kiwi Medical Devices, Ltd.: Is "right shoring" the right response? In. R. Frankel (Ed.), The definitive guide to supply chain best practices. Upper Saddle River, NJ: Pearson Education, pp. 109.121. Kalantari, A. (2013). Facility location selection for global manufacturing. Theses and Dissertations. Paper 233. Continue Reading...

Innovation Distribution Co. Supply Chain Risk Case

Langley, C. J., Novack, R. A., & Gibson, B. (2016). supply chain management: a logistics perspective. Nelson Education. Frankel, R. M. (2013). The definitive guide to supply chain best practices: comprehensive lessons and cases in effective SCM. Pearson Education. Manuj, I., & Mentzer, J. T. (2008). Global supply chain risk management strategies. International Journal of Physical Distribution & Logistics Management, 38(3), 192-223. Continue Reading...

Case 13 Ups Logistics and to Move Toward 4pl

concept, logistics capability, strength of IT infrastructure, information management capability, supply chain management capability, ability to manage change, and dependence on own assets (Hoek, 2014). These aspects can tell a lot about a 3PL's ability to offer 4PL services in a reliable and consistent manner. For instance, having robust IT systems places a service provider in a better position to manage the flow of information. Similarly, competent human resources and capital assets provide assurance to customers that a provider is indeed capable of adding value to the supply chain. How would 3 PLs score on these criteria against competition… Continue Reading...

Gensin Case

leveraged to create further value and develop trust may also be a consideration in terms of supply chain management (Trent, 2001). The most important criteria will be the level of expertise and the ability of the suppliers to deal with the scope and scale of issues faced by Gensin, as well as issues such as transparency of peas, followed by the fee level. Monitoring and measuring the contracts once they are negotiated will be important. This will involve assessing not only the amount is paid, but also the cost of the outcomes, for example whether or not the new… Continue Reading...

Introduction to Global Business

best use of the value of the product to the end user. Proper supply chain management leads to standardization and centralization, proliferates culpability for product quality and process controls, decreases product cycle times and diminishes total product costs. Chapter 14 The fourteenth chapter of the book discusses global financial management. One of the key elements discussed include foreign exchange risk and the manner in which it impacts companies and investors. There are three risks. The exchange rate risk includes random change in the value of one currency with regard to other currencies. The transactions risk encompasses how temporary changes… Continue Reading...

Public Sector Performance Measurement

and externally, are pegged on performance or results -- from personnel management to supply chain management. Selviaridis & Wynstram (2015), for instance, demonstrate the relevance of PBM in supplier management. PBM determines aspects such as supplier payment, incentive design, performance specification, and risk allocation. For example, Rolls Royce, a manufacturer of aircraft components, is paid for providing maintenance services on the basis of engine availability in flight hours as opposed to labor and spare part cost. In the service context, logistics providers are increasingly being paid based on the performance of the client's supply chain. In essence, PBM is… Continue Reading...

Operations Management in Education

of the field. My knowledge spans across production planning, procurement and outsourcing, supply chain management, manufacturing strategy, and inventory management. I also have solid knowledge of process improvement, resource management, cost management, forecasting, quality management, capacity management, information technology, contract management, and project management concepts. With my knowledge, I can competently and adequately fulfil the role of an operations manager. Qualifications My expertise covers the following areas: • Formulating and monitoring operational objectives in the light of strategic objectives • Designing and implementing production plans and manufacturing strategies • Forecasting demand • Administering and controlling budgets • Coordinating processes… Continue Reading...

Management and Operation Consulting for Google

in the consulting tool kit to enhance its performance. All this is related to the operations and supply chain management and the first direction Google would take is to define the problem and gather information. The use of this assessment tool could have enabled Google to identify market-specific services that ought to have been offered to the target markets by the company (Poulfelt & Olson, 2010). From the outlook, it is evident that the company gave focus to a micro and highly aggressive business model. The outlook gives that the business marketing employed is serious but in reality, they… Continue Reading...

Performance Based Management Synthesis

organisational processes, internally and externally, are pegged on performance or results -- from personnel management to supply chain management. Selviaridis & Wynstram (2015), for instance, demonstrate the relevance of PBM in supplier management. PBM determines aspects such as supplier payment, incentive design, performance specification, and risk allocation. For instance, Rolls Royce, a manufacturer of aircraft components, is paid for providing maintenance services on the basis of engine availability in flight hours as opposed to labour and spare part cost. In the service context, logistics providers are increasingly being paid based on the performance of the client's supply chain. In… Continue Reading...

Supply Chain Management and Logistics

D., Lars Krogh Jensen, Bent Nielsen, & Martin Jack. (2013). Value-added logistics in supply chain management. Copenhagen: Academica. Murphy, P. R. & Knemeyer, A. M. (01/2014). Contemporary Logistics, 11th Edition. London: K. Page. Continue Reading...

Supply Chain Management

beauty supplies and cosmetics, is concerned with the increased costs of its supply chain management. The firm’s supply chain costs recently reached an all time high of $130,000, which could be attributable to various factors including additional sales and increased costs for order fulfillment. Currently, the Dream Beauty’s total order fulfillment is averagely three days despite the order size. Dream Beauty Company has received 3600 orders, provides excellent customer service, and has a discount policy for the channels it services. II. Major Problem Despite its highest standards of customer service and industry benchmark in order fulfillment, Dream Beauty Company… Continue Reading...

Issues Of Contemporary Logistics in Handy Andy

R.B., Straube, F., Pfohl, H.C. & Wieland, A., (2013). Trends and Strategies in Logistics and supply chain management: Embracing Global Logistics Complexity to Drive Market Advantage. Retrieved 20 September 2017 from www.bvl.de/misc/filePush.php?id=21777&name=BVL_TrendsandStrategies_SCM_Logistics_2013.pdf   Continue Reading...

Ibm Supply Chain Concerns

Executive Summary This document considers the various points of correlation between human resources, management information systems, and supply chain management in relation to critical IBM concepts of managing an organization. It identifies how these three areas intersect and their long term value for organizations as a whole. Ultimately, they are vital aspects of operations in the contemporary business world. Introduction There are a number of eminent facets involved in the management of contemporary organizations. Encompassing a wide range of characteristics, the most notable of these pertain to information technology, resource allocation, and varying elements of procurement. Effecting competitive advantage today… Continue Reading...

Walmart's Use Of Technology for a Competitive Advantage

Purchasing is only one part of that, and Wal-Mart has long been a leader at total supply chain management as a means of extracting competitive advantage. As an example, a few years ago Wal-Mart was an early adopter of RFID technology, which allows for tracking of goods in real time. By tracking in real time, using radio frequencies, Wal-Mart was able to not only know where goods are to help route them better, but the company is able to gather a lot of data about the movement of goods through its supply chain, and then use this data to… Continue Reading...

General Mills Business Strategy

this tactic is risky and just ends up squeezing out farmers. Careful supply chain management is required to maintain the sustainability of the business (Church, 2015). The economic environment is generally favorable at present, with unemployment at low levels and economic growth at high, steady levels. The social environment, however, is perhaps less favorable to the types of processed foods that General Mills makes, which are less popular today than they were thirty or forty years ago. Overall, this means that the company has moderately favorable conditions – enough to be profitable but not enough for robust growth. General… Continue Reading...

Coca Cola Company Case Study

Diversification 3. Lack of a healthy beverage offering 4. Water management Opportunities Threats 1. Diversification 2. Focusing on developing countries 3. Packaged drinking water 4. supply chain management 5. Market lesser selling offerings 1. Sourcing of raw materials 2. Indirect competition In this section, three points from each of the four areas of the SWOT analysis will be integrated with the differentiation strategy. The strengths pinpointed and selected in the SWOT analysis comprise of distribution system, company valuation, and brand equity. These three strengths are all in support of the company’s generic strategy. The distribution system of Coca-Cola Company is distinctive and is very hard for industry… Continue Reading...

H&m Trade Comparative Advantages

their own merits – their own styles, their own retail channels, their own supply chain management, and their own internal cost structures. Either of these firms can win business from each other, of course, but they can also win a lot of business from other companies as well. So H&M can lose business to Zara but still grow rapidly if it is differentiating itself from other companies and winning business from them. There is no reason why H&M should want to counter the flow of low-cost apparel entering the global market from China. H&M\'s business model should allow it… Continue Reading...

Warehouse Internship

value. The International Journal of Logistics Management 1192):73-82. Sheffi, Y. (2001). supply chain management under the threat of interntional terrorism. The International Journal of Logistics Management 12(2): 1-11. Van Wassenhove, L.N. (2005). Humanitarian aid logistics. Journal of the Operational Research Society 57(5): 475-489. Continue Reading...

Big Data and Supply Chain Management Essay

data has become one of the most important aspects of supply chain management. The concept of big data refers to the massive data sets that are generated when millions of individual activities are tracked. These data sets are processed to yield insights that help inform managerial decision-making. Supply chains in particular have leveraged big data because companies have been able to develop technology to not only capture hundreds of millions of data points, but to process them in meaningful ways to eliminate waste and promote efficiency in the supply chain systems. This paper will examine the concept of big… Continue Reading...

Virtue Ethics

https://brusselsbriefings.files.wordpress.com/2012/10/br-5-reader-br-5-fair-trade-eng.pdf Khan, S. A. R., Qianli, D., & Zhang, Y. (2017). Collaboration in the supply chain management: A Virtue-Ethics Analysis. American Journal of Traffic and Transportation Engineering, 2(5), 87-96. Patel, P. (2013). Applying Virtue Ethics: The Rajat Gupta Case. Retrieved April 09, 2018, from https://sevenpillarsinstitute.org/applying-virtue-ethics-the-rajat-gupta-case/   Continue Reading...

Glide Right Inc Strategic Supply Chain Management

The reality is that if it was just about price, you wouldn't really need a supply chain department. The supply chain management function weighs a number of factors when ordering goods, including all the different specs for the goods, but also the relationships with the different suppliers. Maintaining good relationships with critical suppliers is part of the supply chain management role, and the approach that Angela is using might serve to compromise some of the relationships that have been built up over the years. Specifically, if these suppliers are accustomed to closed bids, having their bids used against each… Continue Reading...

Banking and Blockchain Technology

also do so by offering a binary or staking coins. Aeternity is also focused on supply chain management using oracles. They also have interest in digital insurance thanks the use and need for a prediction market. The company is one of several aimed at revolutionizing blockchain technology. Bitfury Established for years as one of the best regarding blockchain technology the Bitfury Group operates as a full-service blockchain technology firm. “The Bitfury Group (www.bitfury.com) started out as a Bitcoin mining company, but it has transitioned into a full-service blockchain technology company. Bitfury develops software and creates hardware solutions for businesses… Continue Reading...

Electric Vehicle Industry

years: 1. Identify the optimal location(s) for manufacturing all-electric vehicles in terms of cost and supply chain management. 2. Increase the performance of existing battery storage technologies to extend the range of its all-electric vehicles. 3. Identify opportunities for expanding the company’s market share in other countries. At present, the majority of the components for all Tesla vehicles are manufactured in Fremont, California where the vehicles are also assembled; the company might benefit from transferring these activities to other locations where human resources and production costs are lower. Improving the performance of existing battery technologies is one of the major… Continue Reading...

Zara and Netflix

of Hulu, Netflix, Redbox and Blockbuster. Retrieved from https://www.investopedia.com/articles/investing/092414/economics-hulu-netflix-redbox-and-blockbuster.asp Kim, B. (2018). supply chain management: A Learning Perspective (3rd ed.). New York, NY: Cambridge University Press. Moskowitz, D. (2018). The Biggest Threats to Netflix (NFLX). Retrieved from https://www.investopedia.com/articles/investing/040815/biggest-threats-netflix-nflx.asp Continue Reading...

Pegasus Technologies

up with demand and growth. References Christopher, M. (2016). Logistics & supply chain management. Upper Saddle River, NJ: Pearson. Petcavage, S., Pinkerton, R., & Burt, D. N. (2010). Supply Management. New York City, NY: McGraw-Hill Education.   Continue Reading...

Understanding Supply Chain Management

via the deployment of Six Sigma and drew charts using Minitab. By effectively implementing these measures for supply chain management, the company can more effectively service its current customers while planning accordingly for future ones. AADC’s Quality Management System AADC has a couple of different elements of its quality management system. One of the most indispensable elements of its quality management system is its Integrated Management System, for which it has received International Organization for Standardization certification for a number of different standards. These include ISO 9001, which was issued in 2008; ISO 14001, which was issued in 2004;… Continue Reading...

Managing the Automation Industry

United States. Specifically, the report will examine the corporations’ supply chain management, inventory management, quality control, project management, and lean operations. Background of the Companies General Motors is one of the biggest automotive companies not only in the United States but also across the world. The company’s international center of operations is situated in the state of Detroit. General Motors conducts its manufacturing processes and has facilities situated in 33 nations across the globe. Notably, the locations of General Motors’ are strategically situated and play a pivotal part on where to position facilities for production as well as design.… Continue Reading...

Target Corporate Social Responsibility

when these elements shift. Trends – Internal Environment Target has traditionally sought to play to its strengths, which include competencies in supply chain management, marketing, staffing and merchandising. The company has effectively defined its brand, which has helped it to attract a regular customer base, and extend into new markets across the United States. The company has made social responsibility a part of its platform, with a particular focus on community and on its staff. These moves have made Target an employer of choice at the low end of the labor market, so most of its stores will have relatively friendly,… Continue Reading...

Nike Corporate Strategy

of apparel design, high end fabrics, and of course in marketing and supply chain management. The firm-level strategy for Nike is to be a differentiated player. It has staked out premium positioning in its industry, and supports this in both its marketing and its products. By competing in both athletic apparel and footwear, and adding some equipment, Nike is able to market similar products to the same consumer base, through the same channels. Nike often utilizes third party retailers as a key part of its strategy, one that allows it to focus on design, development and marketing, its three… Continue Reading...