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The DEP/GARD supply chain process has various areas where there is value addition and these include the manufacturing and packaging process of the products that are supplied to GARD. There is also the inbound transportation from the compound suppliers which is counted as a value addition process. The outbound transportation to GARD is also seen in the supply chain as a value addition activity. There are however some stages that are not value adding to the entire supply chain such as the inventory sitting idle in the DEP warehouses. The other activity that does not add value is the order transmission time that is wasted through handling and receiving and handling orders manually which leads to the products staying in the warehouse for unnecessary long duration of time. There are also too many paperwork involved in the supply chain as it is in the current form. The long duration that it takes to receive materials also adds no value in the supply chain of DEP/GARD (Slater T., 2016).
The minimum performance cycle for the supply chain herein is 8 days order cycle time and the maximum on the other hand is 25 days.
The performance can significantly...
It is whoever important to note that the bidding system that was used focused more on the price hence giving out the greater proportions of the raw materials supply to 25% and 15% will mean an increase in the unit cost of the compounds. This however will be complemented by the fact that choosing the 25% and 15% suppliers will ensure there is reliability in the inventory availability thereby reducing possible shortages due to the relatively higher fill rate they have. This means the DEP can cut down the supply period from 7 days to 6 days or even 5 days depending on how reliable the suppliers are. This will reduce the cost of carrying inventory for the company hence cutting costs significantly that will balance the increased cost, benefiting the company with efficiency and reliability at the end of it all being the trade off in the whole process.
Put in the shoes of Tom Lippet, there are significant changes…
(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
Supply Chain Ann Supply Chain Management Annotated Bibliography Chopra, S., & Meindl, P. (2010). Supply chain management: Strategy, planning and operation (4th ed.).Upper Saddle River, NJ: Prentice Hall The text by Chopra & Meindl (2010) is an excellent starting point for this discussion, primarily because it serves as a rather exhaustive introductory reading on the subject. Providing academic explanation of the basic premise of supply chain management and an extensive investigation of the
Supply chain management has become a concept without which companies could not face the increasingly complicated business environment existent nowadays, especially given the competition of companies that can operate at lower operational costs and thus increase their profit margins through cost competitive advantages. In order to achieve lower costs, better distribution processes and better delivery times, companies have introduced supply chain management. Supply chain management can be defined as "the practice
Supply chain management careful attention paid process sees materials, information, finances move supplier manufacturer wholesaler retailer consumer. Supply chain management focuses efficiently effectively coordinating flows supply chain process companies. Supply chain management True or false: Coca-Cola's experience with inventory forecasting supports the principles set forth by CPFR The modern day economic agents function in a more and more dynamic business environment, in which they have to simultaneously serve the growing needs of numerous