Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
4-4. Describe the Hierarchical and Matrix Organizational Design.The hierarchical organizational theory has its roots in the command and control of the military institution. In such a structure, decision making and communication follow a top-down pattern. Employees are expected to respond to their supervisors. In a matrix design, employees have cross-functional responsibilities. Therefore, employees report to different supervisors in different departments such as logistics, marketing, and production (Murphy & Knemeyer, 2014).
4-10. Discuss The Reasons Why Logisticians Might Be Concerned With Theft.
Theft is a global issue affecting not only logisticians but also business owners and consumers alike. Nowadays, the sourcing of raw materials and manufacturing of goods happens in every corner of the globe just as the warehousing, shipping, and consumption of the finished goods. However, cargo theft can occur at any given point in between hence compromising product availability and integrity. Although their insurance provider may reimburse a company for the market value of the goods stolen, the insurance will not cover the costs and time related to theft (Murphy & Knemeyer, 2014). Secondly, logisticians are concerned with theft because it interferes with the planned flow of goods and could trigger stock-outs in the distribution...
In the worst case scenario, theft can also affect the facility location decision since most companies tend to avoid locating their facilities in places with high theft rates (Murphy & Knemeyer, 2014). Moreover, the stolen goods are likely to emerge in the market at lower prices thus competing with the company’s products, which have passed through the proper distribution channels.
10-7. How Does Multiclient Warehousing Mix Attributes of Public and Contract Warehousing?
Many companies are adopting multi-client or commonly known as shared warehousing to enjoy the various advantages of public and contract warehousing. Multiclient warehousing mixes attributes of public and contract warehousing such as flexibility, efficiency, and reduced costs. One greatest attribute of multi-client warehousing is that it saves costs (Bjerreskov et al. 2013). Sharing warehousing space with other companies is a cost-effective and flexible way of storage. It means that operational and labor costs are spread out among all the other businesses leading to significant savings. A company will only pay for space it occupies meaning that there will be no huge spaces standing empty in the warehouse when a company does not need the space. Multi-client warehousing gives businesses flexible and shorter contracts unlike those…
In addition, outsourcing is seen as one way of freeing HR professionals within the client organization from more mundane and time-consuming tasks so as to better concentrate on core competencies and provide a more consultative and strategic role (Cooke 186). Although the growth of HR outsourcing business has been dramatically facilitated by the introduction of innovations in information and communication technologies (ICT) throughout China in recent years, many companies also
(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