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Managing Supply Chain
Managing the supply chain
The organization that I work for deals in interior finish of houses with the range of services being the floor finishes, plumbing works and sanitary ware, home furniture and office furniture as well as curtains. The outsourcing levels within this organization run to close to 70-75% of the goods and services. In as much as there are some materials that are manufactured by the company, most of them are outsourced. Once the tenders are secured for making a final fine finish to a given block of offices, the company often outsources the skills and manpower from the companies that deal in these interior finish and decorations. The company also outsources for the skilled manpower that helps in the assembly of furniture that is delivered to the homes or offices where they secure orders. Even though the company has a few transportation vehicles that helps in transporting its merchandise to the company stores as well as from the stores to the customers, most of it is outsourced to the transport company that deals in safe transportation of even fragile goods. Bearing the extent of the outsourcing that the company engages in, it can...
The company strives to maximize the use of Electronic Data Interchange (EDI). This is very important to the company since it depends on importation of most of its goods and merchandise from countries in Asia like China. Their status while on transit is important so that the company can also secure orders and give the correct timelines for the delivery of the goods to the customers without delay. The EDI is also important on the delivery side since as the goods leave the company stores headed to the customers, there is need for updating of the supply chain throughout to ensure goods are effectively tracked to the customers, and those that may get lost or be delivered to the wrong venues are effectively tracked and the goods recovered.
There are various supply contracts that are used to give companies the rights to supply a given commodity that may be needed by another organization. One whish is of interest in this…
References
Hohn M.I., (2010). Relational Supply Contracts. Retrieved January 29, 2015 from http://www.google.co.ke/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&cad=rja&uact=8&ved=0CFUQFjAJ&url=http%3A%2F%2Fwww.springer.com%2Fcda%2Fcontent%2Fdocument%2Fcda_downloaddocument%2F9783642027901-c1.pdf%3FSGWID%3D0-0-45-810803-p173911532&ei=xuvLVN7lEsf3asvqgpAM&usg=AFQjCNH6rceXIS0dDS1Y7tOECoWmCBPZHA&sig2=PRfSJlKHOg-GjLHHkqITWw&bvm=bv.84607526,d.d2s
Cecere L., (2014). Managing the Supply Chain: If Only I Could See. Retrieved January 29, 2015 from http://www.forbes.com/sites/loracecere/2014/02/20/manaing-the-supply-chain-if-only-i-could-see/
Supply Chain Management Founded in 1903, Ford Motor Company now manufactures or distributes automobiles across six continents. Ford employs about 164,000 people in about 70 plants worldwide. The company's automotive brands include Ford and Lincoln. According to Ford's corporate website, in 2010 Ford earned $6.6 billion, their highest net income in more than 10 years. In 2010 Ford launched 24 new or redesigned vehicles in key markets around the world. Ford expects
Supply Chain There are a lot of benefits of supply chain management, to the point where it is absurd to ask what they are. What benefits are there of not engaging in supply chain management? None. So the reverse is also true. Supply chain management, among other things, ensures that you get the products/materials you need on time, on cost and to spec. While this obviously enhances the firm's value, it
G. Reza Nasiri, Hamid Davoudpour, & Behrooz Karimi. (2010). The impact of integrated analysis on supply chain management: a coordinated approach for inventory control policy. Supply Chain Management, 15(4), 277-289. Link: http://www.emeraldinsight.com/journals.htm?articleid=1865246&show=pdf The concept of the demand-driven supply network (DDSN) and its implications on inventory control and management are discussed in this analysis, along with examples being shown of how these objectives can be achieved despite uncertainty in key markets. This analysis
(Reza, 2009) This information is building off of the findings from Uthayakumar. This is illustrating how the two tier system can help to streamline operations. However, as time goes by these ideas will become obsolete. The reason why is because they are focusing on particular aspect of supply chain management (i.e. during emergencies and backlogs). Where is it is failing, is through understanding how this strategy could be used when
Supply chain management in FMCG sector Fast Moving Consumer Goods (FMCG) Managing supply of FMCGs Demand and Supply Distribution Channel Traditional channel of FMCGs distribution National Vs Global Presence Products and Services Supply chain opportunities Usage of Supply Chain Management Business development Business performance Cost reduction Revenue Increase Inventory management Overall Business Performance Competitive advantage Future trends Issues in global supply chain management: FMCG sector Multi-channel Supply Chain Management Individual Tagging The FMCG sector is represented as manufacturers and distributors of packaged products. They are also coupled with mega retail brands
Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and Belief -- impact on SCM Global environment and Supply Chain management "Social" and "soft" parameter required for SCM Uncertainties This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes